2007-05-23 14:56:42 -
BEAUNE, France, May 23 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation (GPI), a leading manufacturer and supplier of casino currency and other table game supplies to the gaming industry, today announced that it has completed and delivered an order from Crown Macau Casino for the production for approximately 70,000 Bourgogne & Grasset(R) high frequency (13.56MHz) RFID plaques. GPI supplied several sets of the state-of-the-art B&G plaques using high frequency RFID technology from Magellan. The order was also for all of the wheelchecks with its Bud Jones (R) roulette
chips
Gerard P. Charlier, president and chief executive officer of GPI, said, "We are extremely proud to have been selected by an operator as prominent as Crown Macau for such an important casino opening. We believe that we are effectively leveraging our leadership in the broader casino currency market and we expect to create additional growth opportunities such as expanding our presence in the expanding market for RFID. We believe this order underscores GPI's position as a leading provider of RFID technology to the gaming industry and we look forward to helping make the operation of Crown Macau a success."
Christophe Leparoux, GPI's International Sales and Marketing Manager, added, "GPI plaques are unique when it comes to security, quality, durability and class. Both players and casinos expect a plaque to be much more than a piece of printed plastic, and we believe our B&G plaques provide a sense of distinction."
Crown Macau, which held the Opening ceremony of its 220 table games on May 12, 2007, is another casino supplied by GPI in Macau where the company has a significant market share, as it has previously provided chips and/or plaques to all of the current casino operators in this Chinese territory.
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 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 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, including, without limitation, the anticipated expansion of the RFID market and GPI's growth or prospects of its business within such market. 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 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:
Gaming Partners International Contact: KCSA Contacts:
Laura McAllister Cox Lee Roth / Marybeth Csaby
702-384-2425 212-896-1209 / 1236
lmcox@gpigaming.com lroth@kcsa.com / mcsaby@kcsa.com
Source: Gaming Partners International Corporation