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Asia Entertainment announces repurchase of over 1M shares in Q4

Asia Entertainment & Resources announced that for Q4, the company repurchased 1,011,600 shares at an average price of $3.17 per share under its share repurchase program. For the full year 2012 under the current repurchase program, the company repurchased and retired 1,273,947 shares. The share repurchase program, which expires June 30, 2013, authorizes the company to further purchase up to an additional 726,053 of its ordinary shares on the open market at prices to be determined by the company’s management.