HONG KONG--(BUSINESS WIRE)--Asia Entertainment & Resources Ltd. (“AERL”) (NASDAQ: AERL), which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, today announced that it would be adding a private room to its VIP facility at the Star World Hotel & Casino in downtown Macau to handle the increasingly high demand of private rooms there, bringing the total number of tables at the facility to 12.

Concurrently, to better meet the ongoing level of business at the VIP facility at the MGM Grand Macau Casino, AERL also announced that it will be moving this operation to a smaller room, lowering the number of tables there from eleven to six. This will create a warmer atmosphere for the players without affecting the current level of gaming volume and rolling chip turnover in this room. As volumes rise, AERL will have the ability to increase the size of its facility at its choice with one week’s notice.

“We are pleased to be expanding our presence at the Star World Hotel & Casino, which is indicative of the successful VIP facility we have already built at the hotel as well as an additional opportunity to increase our long-term value for our shareholders,” said AERL Chairman Lam.

About Asia Entertainment & Resources Ltd.

AERL, formerly known as CS China Acquisition Corp., acquired Asia Gaming & Resort Limited (“AGRL”) on February 2, 2010. AERL is an investment holding company which operates through its subsidiaries and related promoter companies as a VIP room gaming promoter, and is entitled to receive all of the profits of the VIP gaming promoters from VIP gaming rooms. AERL’s VIP room gaming promoters currently participate in the promotion of three major luxury VIP gaming facilities in Macau, China, the largest gaming market in the world. One VIP gaming room is located at the top-tier MGM Grand Macau Casino in downtown Macau that is operated by the MGM Grand Paradise S.A. Another Macau VIP gaming facility is located in the luxury 5-star hotel, the Star World Hotel & Casino in downtown Macau, which is operated by Galaxy Casino, S.A. The other VIP gaming room is located at the Venetian Macao-Resort-Hotel on the Cotai Strip.

Forward Looking Statements

This press release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Forward looking statements are statements that are not historical facts. Such forward-looking statements, based upon the current beliefs and expectations of AERL's management, are subject to risks and uncertainties, which could cause actual results to differ from the forward looking statements.