Gaming Partners Division Closes on Loan
Written on July 6, 2006 by a2zMacau
July 6, 2006 | ChronCom | LAS VEGAS — Gaming Partners International Corp., a maker of table-game casino products including chips and playing cards, said Wednesday its French unit, GPI SAS, closed a $1.9 million working capital loan to finance production expansion.
Proceeds of the five-year, fixed-rate loan will be used to buy additional manufacturing equipment to meet sharply increased demand for the company’s radio frequency identification-embedded gaming chips. Orders have been placed by several Macau casinos, including the Wynn and Galaxy Star World properties.
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