Gaming Partners International introduces new line of casino equipment
Manufacturer and supplier of casino table game equipment Gaming Partners International Corp. (Nasdaq: GPIC) this morning announced it will introduce a new brand of gaming chips, plaques and jetons using Canada-based EurasiaTrak, Inc.’s technology.
Shares of the Las Vegas-based company jumped 9.74% or $1.18 to $13.30 in morning trading.
The introduction of Gaming Partners’ (GPI) newest line of gaming equipment, titled “Bourgogne et Grasset,” embeds EurasiaTrak’s 13.56 MHz radio frequency identification device (RFID) technology. Specifically, EurasiaTrak’s technology encompasses a high frequency system that combines high-performance table automation with radio technology for gaming chips and plaques. The RFID technology, which places a microchip in the casino currency, assists in reducing counterfeiting.
GPI “continues to adapt its processes and products to produce chips, plaques and jetons which casino operators trust and demand while permitting the casino operators to select the RFID system which best suits their respective needs,” Gerard P. Charlier, President and CEO said. “We can now offer our products for low frequency 125 KHz RFID systems and for two different high frequency 13.56 MHz RFID systems.”
GPI was made aware of this technology by Macau customer Sociedade de Jogos de Macau ("SJM"); from whom it expects to receive large orders that use the EurasiaTrak technology imminently.
For more on GPI, please see “Gaming Parners International: Microships, Vegas-style,” (SmallCapInvestor.com, June 13, 2007).
