USD 1.7B

Imperial Pacific reports 4.6% year-on-year increase in VIP rolling chip

2016-12-07
Reading time 51 seg
Imperial Pacific - former food company turned casino underdog - has announced that its VIP rolling chip for the month of November had reached USD 1.7B (HK$13.2 billion) according to the company’s filing with the Hong Kong Stock Exchange. This is the first month that year-on-year comparisons are possible, given that VIP operation in the group’s Saipan temporary casino facility only began on November 1, 2015.

The results indicate a 4.6 per cent year-on-year increase in the rolling chip values generated by the group’s operations and the November amounts are the lowest rolling chip values seen since August of this year, when they reached US$1.55 billion. The highest point so far in the group’s operational results was September, when results reached US$3.95 billion, as filed with the Stock Exchange at the time.

Judging by the rolling chip results so far announced the group’s operations were most active during April and May, when figures reached US$3.18 billion and US$2.52 billion, respectively. This is followed by a slight slowdown during June, July and August, when values reached US$1.65 billion, US$1.74 billion and US$1.55 billion, respectively.

This, historically, has been followed by a number of months of restrained gaming results during the months of November until March, when values ranged from a low of US$1.44 billion to US$1.95 billion.

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