Gaming Partners International Delivers Chip Order for Wynn Macau Expansion
October 01 2007 - 8:30AM
PR Newswire (US)
Additional VIP chip and plaque sets in production LAS VEGAS, Oct. 1
/PRNewswire-FirstCall/ -- Gaming Partners International Corporation
(NASDAQ:GPIC) ("GPI"), a leading provider of casino currency and
table game equipment worldwide, announced that it has completed
delivery of Bourgogne et Grasset(R) gaming chips with Magellan/PGIC
13.56MHz RFID for the recently completed expansion of Wynn Macau.
An additional order of VIP sets of chips and plaques for Wynn Macau
is currently in production at the Company's facility in Beaune,
France, scheduled for delivery in the fourth quarter of 2007.
Gerard Charlier, President and CEO of Gaming Partners International
said, "GPI is proud to continue to serve the needs of Wynn Macau
with this re-order, which supports their investment in our "S2"
range of hard plastic-compound, high-quality, injection-molded
chips outfitted with Magellan/PGIC 13.56 MHz RFID technology." He
added, "Casino expansions require operators to supplement existing
chip and plaque inventories in order to support the increased
number of active tables. Casinos traditionally do not commingle
different brands of chips or plaques, and in the case of the
Magellan/PGIC 13.56 RFID products, consistency in the production
and security of each item is paramount. Once a casino has invested
in GPI's casino currency, we are able to quickly meet reorder needs
to help our clients maintain acceptable levels of inventory as
their gaming floors grow." About Gaming Partners International
Corporation Gaming Partners International Corporation, or GPI,
manufactures and supplies (under the brand names of Paulson(R),
Bourgogne et Grasset(R) and Bud Jones(R)) gaming chips including
low frequency and high frequency RFID chips, jetons and plaques,
low frequency RFID readers, wheels, 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 Rio Colorado,
Mexico; Atlantic City, New Jersey; and Gulfport, Mississippi. GPI
sells its casino products directly to licensed casinos throughout
the world. For additional information about GPIC, visit our web
site 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 and
success of the RFID- embedded casino currency market 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 Company to receive
the large anticipated orders from a customer in Macau which were
previously discussed in the Company's recent Form 10-K and Form
10-Q filings and the related earnings releases thereto, the failure
of the industry to accept our RFID technology, 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 Gaming
Partners International: Gaming Partners International Contact:
Laura McAllister Cox 702-384-2425 KCSA Contacts: Lee Roth /
Marybeth Csaby 212-896-1209 / 212-896-1236 / DATASOURCE: Gaming
Partners International Corporation CONTACT: Laura McAllister Cox,
Gaming Partners International Corporation, +1-702-384-2425, ; Lee
Roth, +1-212-896-1209, , or Marybeth Csaby, +1-212-896-1236, , both
of KCSA Web site: http://www.gpigaming.com/
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