LAS VEGAS, April 30, 2012 /PRNewswire/ -- Gaming Partners International Corporation (NASDAQ: GPIC), a leading provider of casino currency and table game equipment worldwide, announced today that it has received three orders to supply casino chips and plaques totaling just under $4.7 million. GPIC will fulfill these orders through its Macau-based sales and service office and will produce approximately 700,000 custom Bourgogne et Grasset® (B&G) premium casino chips for Venetian Macau Limited's Sands Macau and Sands Cotai properties and will produce over 80,000 B&G RFID plaques to Sociedade de Jogos de Macau, S.A. (SJM)'s Grand Lisboa property.
GPIC's B&G products are widely considered the gaming industry's most prestigious chips, plaques and jetons. Introduced in 2011, B&G premium chips combine innovations in chip design and manufacturing to give casinos the ability to create a completely unique chip design that combines up to six individual color shots with casino logos, iconic designs or other significant elements. With their elegant materials and unmatched quality, B&G plaques continue to grace the VIP tables of casinos all over the world.
"We are privileged to once again work with Venetian Macau Limited and SJM to supply their respective properties with our B&G chips and plaques," commented Gregory Gronau, Gaming Partners International's President and CEO. "Our sales and product design teams worked closely with each operator to design exceptional currency products that reflect each property's unique brand, and we look forward to delivering these orders in the second half of this year."
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, Gulfport, Mississippi and Macau S.A.R. China. For additional information, please visit http://www.gpigaming.com.
Safe Harbor Statement
This release contains "forward-looking statements" based on current expectations involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof; fulfillment of product orders; the long-term growth and prospects of our business or any jurisdiction; and the long term potential of the RFID casino currency solutions market and the ability of GPIC to capitalize on any such growth opportunities. Actual results or achievements may be materially different from those expressed or implied. GPIC'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 and other risks and uncertainties identified in Part I-Item 1A, "Risk Factors" of the Company's Annual Report on Form 10-K for the period ended December 31, 2011, 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.
FOR FURTHER INFORMATION CONTACT: Gregory Gronau, Chief Executive Officer and President Jerry Koslow, Chief Financial Officer PH: 1.702.384.2425 FX: 1.702.384.1965