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8-K - Gaming Partners International CORP | v198690_8k.htm |
Exhibit
99.1
GPI™
Chosen to Supply Casino Currency, RFID to Galaxy
Macau™
Order
represents GPI’s largest single order for a casino opening
LAS
VEGAS, NV – (October 12, 2010) - Gaming Partners International Corporation
(NASDAQ: GPIC), a leading provider of casino currency and table game
equipment worldwide, announced today that it has been chosen to supply the
Galaxy Macau casino with all of its casino chips and plaques. GPI
will provide approximately one million casino chips and plaques to the casino
for its opening in 2011. GPI is also providing Galaxy Macau with
high-frequency RFID technology in its currency. The value of this order
represents GPI’s largest single order for a new casino opening.
The chips
and plaques being created for the Galaxy Macau are from the Company’s
prestigious Bourgogne et Grasset® (B&G) line of casino currency
products. They will include a variety of styles, shapes and color
combinations, as well as a number of security features, including
RFID. GPI will be supplying a number of chip sets which will be
customized to meet the casino’s aesthetic, operational and security
requirements.
The RFID
technology offered with all GPI’s lines of casino currency allows casinos to
verify the authenticity and value of each chip instantly, reducing the
possibility of counterfeiting, staff pilferage or miscounts. With specialized
readers and software, this technology enables casinos to track individual chips
throughout the gaming floor as well as follow payments, fills and credits, tips,
and wins and losses per table at any time of the day.
Owned and
operated by the Galaxy Entertainment Group (GEG), Galaxy Macau is located in
Cotai. The Galaxy Entertainment Group operates five other casino
properties in Macau, including the five-star property, StarWorld Hotel and
Casino, located on the Macau Peninsula. GPI has supplied all GEG
properties with casino currency and RFID products.
“We are
privileged to work with the Galaxy Entertainment Group again to supply their
flagship property, the Galaxy Macau, with their chips and plaques,” said Greg
Gronau, President and CEO of GPI. “This property is sure to be a
landmark in Cotai and our team worked very closely with the Galaxy Macau team to
capitalize on the best possible aesthetic and security options available to
fulfill their unique operational requirements.”
GPI’s
casino currency products include high-quality chips, plaques and jetons, all
available with a variety of security features and customization
options. GPI’s products are manufactured worldwide in its high
security, high-capacity production facilities. The Company’s products
have been used in casinos all over the world since 1925.
About
Gaming Partners International Corporation
GPI
manufactures and supplies casino table games and equipment to licensed casinos
worldwide. Under the
brand names of Paulson®,
Bourgogne et Grasset® and Bud
Jones®, GPI
provides casino currency such as chips, plaques and jetons; gaming furniture and
accessories; table layouts; playing cards; dice; and roulette
wheels. GPI pioneered the use of security features such as RFID
technology in casino chips, and provides RFID solutions including chips, readers
and displays. Headquartered in Las Vegas, Nevada, GPI also has
offices Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New
Jersey, and Gulfport Mississippi. For additional information, please
visit www.gpigaming.com.
# #
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Contact:
|
Gerald
W. Koslow, CFO
|
702-598-2401
|
|
jkoslow@gpigaming.com
|