May 26, 2014 Newsdesk Industry Talk, Latest News  
Casino currency supplier Gaming Partners International Corp has received an US$6.4 million order to supply casino currency to a casino in Macau.
The Nasdaq-listed company did not disclose the name of the casino.
The order includes nearly 900,000 chips and over 137,000 plaques from the company’s Bourgogne et Grasset and Bud Jones brands.
GPI began supplying casino tokens to casinos in Macau four decades ago. It counts all the city’s six casino operators among its clients.
GPI is based in Las Vegas. The company also has a sales office in Macau, established in December 2010.
The firm posted a net loss of US$1.1 million for the first quarter of 2014, it announced earlier this month. GPI had reported net income of US$0.5 million for the first quarter of 2013.
GPI said the decrease in net income was due to a decrease in sales of currency products, which caused fixed manufacturing costs to be allocated over lower production volumes.
Apr 24, 2024
Apr 23, 2024
Apr 26, 2024
Apr 26, 2024
Apr 26, 2024
The Edge financial news outlet reported on Friday a statement on behalf of Malaysian businessman Vincent Tan of lottery specialist Berjaya Corp Bhd, describing as “inaccurate” reports of talks on...(Click here for more)
"With our ambition to be the leading gaming platform for the regulated online real money gaming industry, the addition of NeoGames to our team advances our strategy to build global scale and capability"
Trevor Croker
Chief executive of Aristocrat Leisure