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Amax rolling down

Newsdesk by Newsdesk
Mon 9 Feb 2009 at 16:00
Amax reports significant 2019 losses after Greek Mythology write-off
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Rolling chip volume for the Macau junket consolidator Amax Entertainment Holdings Limited was down 28.7% in the three month period ended 31st December, compared to the previous quarter.

Amax announced that rolling chip volume generated by AMA International Limited (AMA), in which the Amax has an indirect 80% effective interest, totalled HK$67.7 billion (unaudited) for the three months to December.

That compares with rolling chip volume of HK$95 billion for the three-month period ended 30 September 2008. The trend for the final quarter of 2008 is also down on the six months ended 30th September 2008, when AMA generated HK$215 billion in rolling chip volume.

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The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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