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Gaming Partners International to Showcase Products for South American Market
Sep 27, 2007 (08:09 AM EDT)
LAS VEGAS, Sept. 27 /PRNewswire-FirstCall/ -- Gaming Partners International Corporation ("GPI"), a leading provider of casino currency and table game equipment worldwide, announced that it will exhibit at the South American Gaming Suppliers' Expo ("SAGSE") to be held in Buenos Aires, Argentina, on October 3-5.
GPI sales to casino operators in South America have seen consistent growth since the first delivery of plaques in 1979 to Casino de Vina del Mar in Chile. Since that time, GPI has sold its products to every country in South America in which the gaming industry is regulated.
Gerard Charlier, President and CEO of Gaming Partners International said, "In South America, we see two distinct markets with different requirements. The southern countries such as Uruguay, Argentina and Chile have a long tradition of European-style casinos, making Bourgogne & Grasset(R) plaques and jetons the preferred casino currency for many years. With almost 100 casinos, Argentina is the most mature and dynamic market, so it came as no surprise when we delivered our first order of 125 KHz RFID chips in South America in June of this year to Casino Melincue."
Charlier added, "We have also seen some recent purchases of American chips in both our Bud Jones(R) and B&G brands in the Northern/Andean markets. Our wide range of American chips has allowed us to fit any budget, from a small 5 table operation in Pereira, Colombia, to the largest operators with as many as 120 tables in Argentina. There is still a technology gap between local and international standards in gaming equipment, but this gap is closing and more operators are investing in high quality table game equipment including chip sorters and card shufflers. We hope to see RFID chips and readers become the standard, and GPI will be there to supply them directly.
"SAGSE 2007 will again be a major event for GPI." added Christophe Leparoux, Manager of International Sales and Marketing. "Our Area Sales Manager for Latin America, Nicolas Dienot, will be demonstrating an innovative collection of plaques, our full range of B&G, Bud Jones and Paulson(R) chips as well as the latest RFID technology developments with an automated blackjack table featuring RFID chip tray and Table Top Authenticator."
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 www.gpigaming.com .
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 or the growth potential in South America 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 unfavorable resolution of significant lawsuits 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: For Gaming Partners International: Gaming Partners International Contact: KCSA Contacts: Laura McAllister Cox Todd Fromer / Lee Roth 702-384-2425 212-896-1215 / 1209 firstname.lastname@example.org /
CONTACT: Laura McAllister Cox of Gaming Partners International, email@example.com+1-702-384-2425, ; or Todd Fromer, +1-212-896-1215,; or Lee Roth, +1-212-896-1209, , both ofKCSA, for Gaming Partners International
Web site: http://www.gpigaming.com/