Gaming Partners Receives $2.4 Million Casino Chip Order From Holland Casino
December 08 2006 - 10:41AM
PR Newswire (US)
Nearly 1 Million Traditional and RFID-Embedded Gaming Chips to be
Delivered to 14 Casinos Throughout Holland LAS VEGAS, Dec. 8
/PRNewswire-FirstCall/ -- Gaming Partners International Corporation
(NASDAQ:GPIC) (GPI), the gaming industry's leading manufacturer and
supplier of casino currency and other table game supplies, today
announced that is had received an order from Holland Casino valued
at approximately 1,850,000euro ($2,450,000) for the Bourgogne et
Grasset(R) (B&G) brand of gaming chips. The order, for over
950,000 gaming chips with denominations ranging from 2euro to
500euro, includes RFID 125KHz Hitag Vegas-S microchip embedded
gaming chips, as well as non-RFID chips. The gaming chips, or
casino currency, will be manufactured by the group's subsidiary,
GPI SAS, in Beaune, France, with delivery expected before the end
of 2006. Holland Casino, the only legal casino operator in the
Netherlands, has a long standing relationship with GPI SAS having
purchased casino currency from the company for more than 30 years,
and chose the company to manufacture the nearly 1 million chip
order to provide its casinos with the highest level of security
possible. Holland has 14 casinos located across the Netherlands. In
addition to the RFID security technology, GPI's casino currency
will also feature exclusive see-through rim inserts as well as a
special UV pigment in the rim and edge inserts, making the gaming
chips much more difficult to compromise or counterfeit. This will
provide Holland Casino with an unprecedented level of security
against fraud and counterfeiting, in addition to the high quality
and sophistication that only a proven and reliable gaming chip
manufacturer such as GPI can offer. Amber C. Ho-a-Sjoe, VP Product
Management Holland Casino said: "With the new RFID chips Holland
Casino feels very confident regarding security issues right now and
in the near future. The cooperation between GPI and Holland Casino
on this strategic matter was very important. With the
implementation of the new chips we can say we succeeded very well."
"Holland Casino has long been one of the most forward looking
gaming companies in Europe. Their purchase of GPI's traditional and
RFID embedded casino currency demonstrates both Holland's
dedication to providing a secure gaming environment, as well as the
further penetration and adoption of this all-important security
technology," said Gerard Charlier, president and chief executive
officer of GPI. "We believe that within the next 10-years, RFID
embedded casino currency will be the norm around the world, and
that casinos will look back on the time before RFID as the dark
ages of player tracking and anti-fraud efforts." "Holland Casino
and GPI have been enjoying a long-time collaboration for over three
decades" declared Lionel Cazalis, Area Sales Manager for GPI SAS.
"We have been working very closely with Holland Casino executives
to finalize this project and we are extremely pleased to provide
these RFID technology and high security features to all 14 casinos
of the group." "The gaming scene has become a very challenging
environment for any casino operator as chip counterfeiting is now
very sophisticated" added Christophe Leparoux, Manager
International Sales & Marketing for GPI. "We at GPI are proud
to be yet again chosen to protect Holland Casino currency". About
Gaming Partners International Corporation Gaming Partners
International Corporation, or GPI, manufactures and supplies gaming
chips, table layouts, playing cards, dice, gaming furniture, table
accessories and other products that are used with casino table
games such as blackjack, poker, baccarat, craps and roulette. GPI
is headquartered in Las Vegas, Nevada, with offices in Beaune,
France; San Luis, Mexico; Atlantic City, New Jersey; and Gulfport,
Mississippi. GPI sells its casino products directly to licensed
casinos throughout the world. For additional information about GPI,
visit our website at http://www.gpigaming.com/. Forward-looking
Statement This press release contains statements that are
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, such as the expected
growth potential of RFID-embedded casino currency market and the
belief that such RFID-embedded casino currency will be the norm in
the market within the next 10-years, and the ability of GPI to
capitalize on any such growth opportunities. Forward-looking
statements are inherently subject to material risks and
uncertainties. Actual results could differ materially from those
currently anticipated. Factors that could cause actual results to
vary materially from these forward-looking statements include: any
significant reduction in the growth rate of new and existing
casinos in Macau, the failure of the industry to accept our RFID
technology, any unfavorable resolution of a significant lawsuit
against us, any patent infringement issues, the development of
competing technologies by our competitors, the failure of any
supplier to timely deliver key raw materials for any of our
significant products, any customer cancellation of a significant
order included in our backlog, any domestic or international
terrorist incidents, and any unexpected taxes, regulatory, charges,
costs or difficulties in the operations of our business in multiple
jurisdictions or the manufacturing of our products, as well as
other risks and uncertainties referred to in GPI's annual report on
Form 10-K and quarterly reports on Form 10-Q, as well as other
subsequent reports filed from time to time with the Securities and
Exchange Commission. GPI undertakes no duty or obligation to update
any of the information contained in this press release. For more
Information please contact: For Holland Casino: Holland Casinos
Corporate Identity department (+31 235.659.565 or +31 652.000.385)
For Gaming Partners International: Gaming Partners International
Contact: Laura McAllister Cox 702-384-2425 KCSA Contacts: Todd
Fromer / Lee Roth 212-896-1215 / 1209 / DATASOURCE: Gaming Partners
International Corporation CONTACT: For Holland Casino: Holland
Casinos Corporate Identity department, +31-235-659-565,
+31-652-000-385; or Gaming Partners International Contact: Laura
McAllister Cox, +1-702-384-2425, ; or KCSA Contacts: Todd Fromer,
+1-212-896-1215, ; or Lee Roth, +1-212-896-1209, , for Gaming
Partners International Web site: http://www.gpigaming.com/
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