Zacks Investment Research upgraded shares of IAO KUN GROUP (IKGH) from UNDERPERFORM to NEUTRAL on January 20, 2014, with a target price of $3.20.
Iao Kun Group Holding Co Ltd is a holding company which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter. The Company's VIP room gaming promoters participate in the promotion of five major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world. Iao Kun Group Holding Co Ltd, formerly known as Asia Entertainment & Resources Ltd, is based in Wanchai, Hong Kong.
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