GPI Wins Large RFID Orders From Two New Asian Casinos
January 16 2009 - 6:20AM
PR Newswire (US)
New Macau and Philippine Casinos choose GPI's RFID technology for
Casino Currency Control(R) security, tracking and verification at
gaming tables LAS VEGAS, Jan. 16 /PRNewswire-FirstCall/ -- Gaming
Partners International Corporation (NASDAQ:GPIC) ("GPI"), a leading
provider of casino currency and table game equipment worldwide,
announced today that it has secured two substantial orders to
supply casino chips and RFID technology to two casinos, one in
Macau and the other in the Philippines, each due to open in the
middle of 2009. The total amount of the two orders exceeds $8
million with RFID chips accounting for approximately 80% of the
total. (Logo:
http://www.newscom.com/cgi-bin/prnh/20060127/LAF027LOGO-b) City of
Dreams in Macau, a Melco PBL Entertainment property, scheduled to
open in the second quarter with 550 gaming tables when completed,
has chosen GPI to provide high-frequency RFID Bourgogne &
Grasset(R) plaques. GPI has also been providing Melco PBL
properties Crown Macau and Crown Melbourne with RFID Casino
Currency Control(R) solutions since 2007. This new order maintains
GPI's dominance in the Macau casino currency control market.
Newport City in Manila, Philippines, a development of Star Cruises,
a division of the Genting Bhd subsidiary Resorts World, in
association with a local company Alliance Global Group, will
include a casino with 450 tables scheduled to open by the middle of
this year. Newport City has chosen GPI to supply low-frequency RFID
Bourgogne & Grasset, gaming chips, jetons, plaques and readers
for Casino Currency Control solutions. Through its French
subsidiary GPI SAS, GPI is a long-time supplier to the Philippines
market. The company has been providing chips, jetons and plaques to
all Philippine Amusement and Gaming Corporation casinos for more
than 30 years. Recent orders include supplying Eastern Hawaii and
Sun City casinos in the Cagayan Freeport zone with RFID chips and
jetons. GPI's RFID (radio frequency identification device) Casino
Currency Control technology available in low or high frequency
(Brands: Bourgogne & Grasset, Bud Jones, and Paulson(R)) allows
casinos to verify the authenticity and value of each chip, plaque
and jeton almost instantly, which reduces the possibility of
counterfeits, staff pilferage or errors in casino currency counts.
This RFID technology enables casinos to track individual chips,
plaques or jetons throughout the gaming floor and, with specialized
readers and software, follow payments, fills and credits, table
drops, tips, and win and losses per table at any time of the day.
GPI's high-frequency RFID chips are compatible with special player
tracking hardware and software that allow for accurate tracking of
play data from tables so casinos can follow player bets and
accurately rate and reward players. "We are thrilled to have
secured such substantial orders for these two exciting new Asian
casinos," said Christophe Leparoux, International Director of Sales
and Marketing for GPI's subsidiary in France. "The acceptance of
GPI's RFID technology in Macau casinos is exceptional and the
growth of RFID implementation in casinos in the Philippines and
more broadly Asia has been on the increase." Gerard P. Charlier,
President and Chief Executive Officer of GPI commented, "The
continued confidence in GPI and our RFID products by our leading
customers all over the world and particularly in Asia is extremely
encouraging as we strive to provide creative casino currency
tracking solutions to meet the specific needs of our valued clients
and their players. These orders also significantly strengthen our
backlog for a positive start for 2009." About Gaming Partners
International Corporation GPIC manufactures and supplies (under the
brand names of Paulson(R), Bourgogne et Grasset(R) and Bud
Jones(R)) casino chips including plaques and jetons and low
frequency and high frequency RFID chips, low and high frequency
RFID readers, table layouts, playing cards, dice, gaming furniture,
roulette wheels, table accessories, and other products that are
used with casino table games such as blackjack, poker, baccarat,
craps, and roulette. GPIC is headquartered in Las Vegas, Nevada,
with offices in Beaune, France; San Luis Rio Colorado, Mexico;
Atlantic City, New Jersey; and Gulfport, Mississippi. GPIC 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/. Safe Harbor Statement This release
contains "forward-looking statements" based on current expectations
but involving known and unknown risks and uncertainties, such as
statements relating to anticipated future sales or the timing
thereof, the long-term growth and prospects of our business or any
jurisdiction, including Macau, unfavorable economic conditions
which may reduce our product sales, and the long term potential of
the RFID gaming chips market and the ability of Gaming Partners
International to capitalize on any such growth opportunities.
Actual results or achievements may be materially different from
those expressed or implied. Gaming Partners International's plans
and objectives are based on assumptions involving judgments with
respect to future economic, competitive and market conditions, the
timing and its ability to consummate, acquisitions, and future
business decisions, all of which are difficult or impossible to
predict accurately and many of which are beyond its control.
Therefore, there can be no assurance that any forward-looking
statement will prove to be accurate.
http://www.newscom.com/cgi-bin/prnh/20060127/LAF027LOGO-b
http://photoarchive.ap.org/ DATASOURCE: Gaming Partners
International Corporation CONTACT: David W. Grimes of Gaming
Partners International Corporation, +1-702-598-2400, Web Site:
http://www.gpigaming.com/
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