Mar 02, 2016 Newsdesk Industry Talk, Latest News, Top of the deck  
Gaming Partners International Corp (GPI) – a supplier of casino currency and table gaming equipment – is expanding its manufacturing facility at Blue Springs, Missouri, in the United States.
The firm has entered into a US$2.2-million contract with Miller Staunch Construction Co Inc to expand the Blue Springs factory, the Nasdaq-listed gaming supplier stated in a Monday filing. The work is to be completed by the end of September, GPI said.
GPI expects to fund the expansion from internal resources, using available cash and cash flow from operations.
The company manufactures playing cards and table layouts at the Blue Springs facility. The factory was taken over by GPI as part of its acquisition of GemGroup Inc in July 2014.
Following the deal, GPI relocated all its playing card production from the company’s Mexico manufacturing facilities to the Blue Springs facility. “The consolidation was part of our strategic plan to improve the efficiency of our playing card production and has provided savings in the manufacturing of playing cards,” the firm stated in its third quarter 2015 results announcement.
Its Macau-based subsidiary GPI Asia Ltd distributes GPI’s casino currencies, playing cards and table gaming accessories in the Asia-Pacific region.
Jun 10, 2019
Apr 22, 2019
May 03, 2024
May 03, 2024
May 03, 2024
Maybank Securities Inc expects the local gaming industry in the Philippines to deliver “at least circa 15 percent” gross gaming revenue (GGR) growth in 2024. In a Tuesday note, the institution...(Click here for more)
”I think that we have at least several years of lead in the implementation [of smart tables] and also [being able to] take advantage of this technology to execute various programmes”
Hubert Wang
President and chief operating officer of MGM China