Scottsdale, Arizona 6/2/2010 1:36:50 AM
News / Business

Gaming Partners International Corp. (GPIC) Announces Multiple Orders From Pennsylvania Casinos

QualityStocks would like to highlight Gaming Partners International Corp. (NASDAQ: GPIC). 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.

 

In the company’s news today,

 

Gaming Partners International Corp. announced that it has received orders from all nine casinos currently operating and licensed to operate table games in Pennsylvania. GPI recently received the necessary conditional licenses by the Pennsylvania Gaming Control Board to conduct business in the state.

 

The company will supply table games equipment consisting of gaming tables, casino chips and other table games equipment to the casinos. GPI has orders to provide a total of 400 of its custom-built table games to six Pennsylvania casinos. The orders will consist of gaming tables for poker, blackjack, roulette, craps, baccarat, etc. The company’s hand-crafted gaming tables are designed to integrate seamlessly with the casinos’ decor while providing maximum operational efficiencies.

 

GPI will also supply a total of over 2 million of its popular Paulson line of casino chips to eight casinos in Pennsylvania. In addition, the company will be equipping the casinos with precision dice, table game layouts, playing cards and other table games equipment including casino seating from Gary Platt Manufacturing through its recently announced distribution agreement.

 

The company has already begun deliveries to some of the casinos. GPI does face a unique challenge in Pennsylvania because of the very short time frame between the legalization of table games to the delivery and anticipated opening of table game operations in the casinos this summer. GPI seems to be meeting this challenge very well so far.

 

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Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.