In the old cowboy movies, it was the cavalry that came to the rescue but in this case it’s the Indians.
Throughout 2007, Progressive Gaming International Corp. (PGIC) and Gaming Partners International Corp. (GPIC) have been dogged with troubles of one kind or another and have watched their share prices decline accordingly.
To the rescue, at least to some degree, comes the Mashantucket Pequot Tribe of Connecticut, operators of Foxwoods Resort, one of the world’s most successful casinos.
Last week, the tribe announced it has agreements with Progressive Gaming for its table management software system and with Gaming Partners for its RFID radio frequency identification chips.
A spokesman for Foxwoods said the casino plans to install the Progressive Gaming system on about 250 table games throughout the casino and to have the Progressive Gaming Chip Inventory System used in all its cages.
As for Gaming Partners, the casino will buy one million of the RFID chips which are compatible with the Progressive Gaming inventory system.
"Foxwoods requires the most robust table management technology in the market to ensure we have the tools to optimize our operating efficiencies and deliver an unparalleled gaming experience to our customers," remarked Kevin O’Sullivan, senior vice president of gaming operations at the Ledyard, Conn., casino.
The table ID system, developed by Progressive Gaming "virtually eliminates most traditional pencil-to-paper tasks, allowing floor supervisors and their support staff to mange more tables, focus on game protection and increase interaction with guests," the official said.