RFID Casino Gaming Chips Drives Growth

RFID Casino Gaming Chips Drives Growth: Gaming Partners International Corporation Reports Financial Results for the Second Quarter of 2005 ...

Gerard Charlier, president and CEO of GPIC, comments on the company's revenue growth and adoption of the RFID gaming chips by casinos in the industry ...

... "Our sales increase was the result of strength across the company's geographic markets including the U.S., Europe and Asia. In addition, in the second quarter of 2005, we sold approximately $1.1 million of our RFID gaming chips and readers and other table game equipment and supplies to Wynn Resorts. As an industry leader, we believe that Wynn Resort's purchase of our RFID gaming chips and readers sends a positive signal to the market concerning our technology. To date, GPIC has sold over 4.0 million RFID gaming chips to casinos throughout the world, a portion of which has been recognized as revenue in the second quarter of 2005. " ...

GPIC 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. GPIC is headquartered in Las Vegas, Nev., with offices in Beaune, France; San Luis, Mexico; and Atlantic City, N.J. GPIC sells its casino products directly to licensed casinos throughout the world.

Tag: RFID