Iao Kun Group confirms new sponsor for listing

Iao Kun Group Holding Company, which invests in VIP room gaming promoters, said it has hired Rothschild (Hong Kong) Limited as the new sponsor for its dual listing application in Hong Kong. The company said earlier this month that it was dropping its original sponsor and planned to look for a firm with more market recognition and greater experience. The change in sponsors has delayed the listing to early 2014.