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Earnings flat for GPI

March 30

The Vegas-based casino equipment provider Gaming Partners International Corp. announced that while revenue gained, the company's earnings fell even.

The company reported its fourth-quarter net income to be $1.3 million, 16 cents a share, on returns of $13.2 million for the quarter that came to an end on Dec. 31, 2004. In the same period during 2003, the company reported net income of $1.3 million, 18 cents a share, on returns of $10.9 million.

The company, formerly known in Las Vegas as Paul-Son Gaming, announced that over the past year its revenue gained 23.2% to $44.6 million for 2004. The company states that this is due to increased sales in Europe by the company's SAS auxiliary and in Macau raised the company's 2004 income.

Also noteworthy, the company is still moving forward to create its radio frequency ID table game chip tracking technology.


 

 


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