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China –AREL buys VIP room at Le Arc

Junket operator Asia Entertainment & Resources Ltd, has bought the whole of the Level One VIP gaming floor of Le Royal Arc Casino located in Downtown Macau.

AREL, which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, has completed the acquisition of 100 per cent of the profit interest of the VIP gaming room. It has six tables and is operated under the Sociedade de Jogos de Macau concession. With the completion of this acquisition AERL will operate 40 tables in five VIP rooms with four concessionaires in the Macau market.

AERL Chairman Lam said: “The addition of this VIP gaming room will enhance our ability to serve our existing customers, and by combining our operations and network of agents with that of the VIP gaming room at Level 1 of Le Royal Arc Casino, we can further expand our presence in the Macau VIP gaming market.”