Slots pact

Aug 30, 2010 5:14 PM

Two of Nevada’s leading manufacturers of gaming equipment have formed a partnership in the development of RFID products and systems.

Gaming Partners International Corporation (GPIC) of Las Vegas and International Game Technology (IGT) of Reno announced an RFID license and transfer agreement that will cover high-frequency rights and products including software related to a Chip Inventory System.

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The CIS is a newly-developed communication platform to integrate RFID data into a variety of casino management systems.

GPIC said that the agreement will give it the ability to develop, manufacture and distribute additional high-frequency RFID products and systems worldwide. "Together," the company said, "we will provide for transition of sales, support and service of IGT’s current high-frequency RFID customers."

Speaking for IGT, Javier Saenz said, "IGT is committed to serving its customers not only directly with its own market-leading products but also through third-party relationships with companies like GPIC."

IGT also announced it had installed its new operating system, sbX, in the Casino de la Vallee in Saint Vincent, Italy.

And, in a notice to investors, IGT announced it will pay a quarterly cash dividend of $0.06 per share on Oct. 8 to shareholders of record on Sept. 7.