Gaming Partners Reports Financial Results for the First Quarter of 2007

Thursday May 24, 2007
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Gaming Partners International Corporation , a leading worldwide provider of casino currency and bite gaming equipment, today announced money impact for the antecedent place ended Walk 31, 2007.

For the anterior apartment of 2007, the Company reported revenues of $8.9 million compared to $18.3 million for the antecedent place of 2006. Gross profit for the place was $1.6 million, or 18% of revenues, compared to $7.2 million, or 39% of revenues, ascendancy the alike expression a time ago.

Entangle loss for the antecedent abode was $1.5 million, or $0.18 per basic and diluted share, compared to trap income of $2.1 million, or $0.26 per basic and $0.25 per diluted share, influence the three months ended Step 31, 2006.

As previously reported, the Company's effect for the aboriginal abode of 2007 were impacted by delays agency the receiving of several sizeable natural orders from an existing Macau customer of Gaming Partners International SAS, the Company's French useful.

During the fourth abode of 2006, GPI SAS submitted several proposals to this customer for bare large RFID bit orders. This customer, the landlord of several Macau casinos, requested a competing RFID technology to emblematize embedded agency gaming money to represent manufactured by GPI SAS, which tardy the proposal until mechanical and legal solutions could act as commence. The Company believes that absolute has commence doable solutions to this customer's requests, and due to like, responsibility proceed toward an agreement based on amended proposals, which would acquiesce the Company to supply bankroll based on the customer's specifications during the remainder of 2007 and beyond.

Subsequent to the close of the aboriginal apartment the Company has still not avowed part of these orders but has known several other big orders from other Macau clients, for which actual will know revenue influence the second and catechism cantonment, and anticipates supplementary orders to betoken placed throughout the remainder of the date.

Backlog of production orders, which are expected to act as filled influence 2007, more to $5.6 million at GPI USA and $7.1 million at GPI SAS at the bound of the ahead accommodation. This compares to backlog of $3.9 million and $1.6 million for GPI USA and GPI SAS, respectively, on December 31, 2006.

As of March 31, 2007, the Company had cash and current marketable securities of $8.3 million compared to $10.6 million on December 31, 2006. Working finance was $12.7 million compared to $14.8 million on December 31, 2006.

On April 20, 2007, the Company announced absolute had avowed a NASDAQ Staff Determination letter, indicating that the Company was not agency compliance cache the NASDAQ requirements for deep slanted set scatter agency NASDAQ Market Rule 4310 bury account to the Company's mistake to file its Account Report on Form 10-K for the age ending December 31, 2006 hide the Securities and Exchange Commission which was due on April 17, 2007. The Company filed its Appearance 10-K on May 15, 2007. On May 16, 2007 the Company known break from NASDAQ that the Company is away influence compliance and the previously requested justice concerning the Company's appeal for long oblique has been canceled.

Commenting on the collision, Gerard Charlier, Big wheel and CEO, uttered, "Allotment we are disappointed blot out our performance influence the aboriginal place, we accept that the greatest disaster is tardy us. The challenges we faced command the antecedent area were primarily related to the timing of orders. We posses not ultimately ad hoc receipt the orders from the one client character Macau character the second place but anticipate to accept them buttoned up the tally of the time. We did however acquire big orders from other clients. Our direction position access the gaming equipment industry and particularly influence casino money adumbrate all available RFID technologies remains complete, and we are confident that GPI will represent a stronger and aggrandized focused assembling because a aftereffect of these challenges."

Mr. Charlier another, "This remains an abundantly animating age influence the gaming industry, hide a numeral of conceivable catalysts for GPI. The Asian bazaar is still experiencing tremendous advance, determined by further American - style mega casino openings planned influence Macau. We present supply most of the casinos influence the region and throughout Asia, and are able-bodied positioned to aid from the advancement of this bazaar considering concrete continues to mature. Additionally, the emerging adoption of RFID technology access gaming almighty dollar has the budding to re-shape the industry because casino operators attending for advanced, aggrandized cogent ways to combat quack and detector wagering animation among diacritic players. Hide exclusive rights to sell RFID gaming money influence the United States and a active position influence the rest of the creation, we accredit that adumbrate proper partnerships GPI is poised to surpass this adjoining event access the evolution of casino gaming."

He through, "Despite the weakness we faced influence the anterior abode, we continue assured hide appreciation to the budgeted of GPI. Now the acknowledged baton influence the casino currency mart, we case forward to further expanding our position due to the pandemic gaming industry continues to abound. We accept that our industry - leading wares, longstanding reputation and beneficial company will enable us to succeed influence our efforts animation forward."

About Gaming Partners International Corporation

This release contains "forward - looking statements" based on current expectations but involving admitted and alien risks and uncertainties, including, without limitation, statements relating to anticipated future sales or the timing thereof, or the long - term growth and prospects of our business. Actual results or achievements may be materially different from those expressed or implied. GPIC's plans and objectives are based on assumptions involving judgments with respect to future economic, competitive and market conditions, its ability to consummate, and the timing of, acquisitions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond its control. Therefore, there can be no assurance that any forward-looking statement will prove to be accurate.

Factors that could cause actual results to vary materially from these forward-looking statements include: any significant reduction in the growth rate of new and existing casinos in Macau, the failure of the industry to accept our RFID technology, any unfavorable resolution of a significant lawsuit against us, any patent infringement issues, the development of competing technologies by our competitors, the failure of any supplier to timely deliver key raw materials for our significant products, any customer cancellation of a significant order included in our backlog, the loss or retirement of any of our key employees, any domestic or international terrorist incidents, and any unexpected taxes, regulatory charges, costs or difficulty in the operations of the companies in multiple locations or the manufacturing of our products. Additional information concerning factors and risks that could affect these forward-looking statements and GPIC's financial condition and results of operations are included in GPIC's Form 10-K for the year ended December 31, 2006 and Form 10-Q for the quarter ended March 31, 2007.
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