Gaming Partners International Corporation, a provider of RFID-based casino currency and table games equipment, announced that it has entered into an RFID License and Transfer Agreement with International Game Technology.
Previously, GPI held rights and licenses for low-frequency RFID products and software systems, as well as limited rights for high-frequency products. This transaction, which provides GPI access to certain RFID related property for the 13.56 MHz Phase Jitter Modulation technology and the rights to IGT’s chip inventory system, will enable GPI to converge RFID applications for the two frequencies and add improved functionality, security and communications with a range of casino systems.
GPI’s low-frequency and IGT’s high-frequency systems both employ RFID-based capabilities to provide casino operators with the tools necessary to maintain an accurate real-time inventory of the entire stock of chips, and securely and efficiently transfer gaming chips to each table across the casino floor into the cage areas and all validation points.
Subsequent to this transaction, GPI’s customers will now have a larger array of RFID options and solutions. This will allow our customers to better secure its currency, authenticate chips, gather other data at the table and cage, while linking with a casino’s backend system.