LAS VEGAS, May 10, 2012 /PRNewswire via COMTEX/ –
Gaming Partners International Corporation

/quotes/zigman/94326/quotes/nls/gpic GPIC
-1.24%

, a leading worldwide provider of casino currency and table gaming equipment, announced today financial results for the first quarter ending March 31, 2012.

For its first quarter of 2012, the Company posted revenues of $15.4 million and net income of $1.3 million, or $0.16 per basic and diluted share. These results compare to revenues of $17.8 million and net income of $1.7 million, or $0.21 per basic and diluted share, for the first quarter of 2011. Gross profit for the quarter was $5.2 million, or 34% of revenues, compared to $6.3 million, or 36% of revenues, in the prior year period.

The primary reason for the decrease in revenues in first quarter 2012 net income was comparably lower sales of chips to casinos in Macau.

The Company ended the quarter with $23.6 million in cash, cash equivalents and marketable securities and no debt.

“We saw strong revenue growth in the United States in the first quarter, compared to last year’s first quarter, with an increase in openings and replacement orders,” commented Greg Gronau, GPIC President and Chief Executive Officer. “While sales in Asia were down in the first quarter, due to large orders in Macau with the Galaxy and Sociedade de Jogos de Macau S.A. casinos in the first quarter of 2011, we expect an increase in Asian orders for the remainder the year, as reflected in our recent announcement of three new orders for $4.7 million in chip sales to casinos in Macau.”

About Gaming Partners International Corporation (GPIC)

GPIC manufactures and supplies casino table games and equipment to licensed casinos worldwide. Under the brand names of Paulson®, Bourgogne et Grasset® and Bud Jones®, GPI provides casino currency such as chips, plaques and jetons; gaming furniture and accessories; table layouts; playing cards; dice; and roulette wheels. GPI pioneered the use of security features such as RFID technology in casino chips and provides radio frequency identification device (RFID) solutions including chips, readers and displays. Headquartered in Las Vegas, Nevada, GPIC also has offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New Jersey, Gulfport, Mississippi and Macau S.A.R., China. For additional information, please visit
http://www.gpigaming.com .

Safe Harbor Statement

This release contains “forward-looking statements” based on current expectations involving known and unknown risks and uncertainties, such as statements relating to anticipated future sales or the timing thereof; fulfillment of product orders; the long-term growth and prospects of our business or any jurisdiction; and the long term potential of the RFID casino currency solutions market and the ability of GPIC to capitalize on any such growth opportunities. 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, the timing and its ability to consummate acquisitions, and future business decisions and other risks and uncertainties identified in Part I-Item 1A, “Risk Factors” of the Company’s Annual Report on Form 10-K for the period ended December 31, 2011, 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.

GAMING PARTNERS INTERNATIONAL CORPORATION
CONDENSED CONSOLIDATED BALANCE SHEETS
(unaudited)
(in thousands, except share amounts)
March 31, December 31,
2012 2011
ASSETS
Current Assets:
Cash and cash equivalents $ 10,430 $ 9,282
Marketable securities 13,128 14,867
Accounts receivable, net 6,001 5,976
Inventories 7,669 7,749
Prepaid expenses 891 1,015
Deferred income tax asset 807 893
Other current assets 2,386 1,564
Total current assets 41,312 41,346
Property and equipment, net 11,855 11,836
Intangibles, net 621 646
Deferred income tax asset 1,507 1,740
Inventories, non-current 113 160
Other assets, net 239 314
Total assets $ 55,647 $ 56,042
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current Liabilities:
Short-term debt $ – $ 17
Accounts payable 2,702 2,376
Accrued liabilities 5,278 5,876
Customer deposits and deferred revenue 2,710 4,585
Income taxes payable 144 -
Total current liabilities 10,834 12,854
Long-term debt – 15
Deferred income tax liability 710 689
Total liabilities 11,544 13,558
Commitments and contingencies – see Note 8
Stockholders’ Equity:
Preferred stock, authorized 10,000,000 shares, $.01 par value, – -
none issued or outstanding
Common stock, authorized 30,000,000 shares, $.01 par value,
8,207,077 and 8,140,675 issued and outstanding, respectively,
as of March 31, 2012, and 8,207,077 and 8,187,764 issued
and outstanding, respectively, as of December 31, 2011 82 82
Additional paid-in capital 19,453 19,401
Treasury stock, at cost: 66,402 and 19,313 shares (595) (267)
Retained earnings 23,713 22,442
Accumulated other comprehensive income 1,450 826
Total stockholders’ equity 44,103 42,484
Total liabilities and stockholders’ equity $ 55,647 $ 56,042

GAMING PARTNERS INTERNATIONAL CORPORATION
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(unaudited)
(in thousands, except per share amounts)
Three Months Ended
March 31,
2012 2011
Revenues $ 15,425 $ 17,821
Cost of revenues 10,203 11,492
Gross profit 5,222 6,329
Marketing and sales 1,409 1,277
General and administrative 2,269 2,550
Operating income 1,544 2,502
Other income and (expense) 110 110
Income before income taxes 1,654 2,612
Income tax provision 383 883
Net income $ 1,271 $ 1,729
Earnings per share:
Basic $ 0.16 $ 0.21
Diluted $ 0.16 $ 0.21
Weighted-average shares of common stock outstanding:
Basic 8,169 8,199
Diluted 8,184 8,220

For Further Information Contact:Gregory S. Gronau, President and Chief Executive OfficerGerald W. Koslow, Chief Financial OfficerPH: 702.384.2425FX: 702.384.1965

SOURCE Gaming Partners International Corporation

Copyright (C) 2012 PR Newswire. All rights reserved

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GPIC

Gaming Partners International Corp.

US

: U.S.: Nasdaq

$
6.36

-0.08
-1.24%

Volume: 10,209
May 18, 2012 4:00p

P/E Ratio16.21
Dividend YieldN/A

Market Cap$52.34 million
Rev. per Employee$77,939

Financial Glossary

Words used in this article:

Srinagar, May 12: The Sher-I-Kashmir Institute of Medical Sciences (SKIMS), Soura has enhanced 24 seats in various Post-Graduate disciplines this year.
?The seats in the SKIMS, which is also a Deemed University have been increased after recommendations from a team of inspectors from the Ministry of Health and Family Welfare, Government of India,? SKIMS Director, Prof Showkat Ali Zargar told Greater Kashmir. He said the team made these recommendations after visiting SKIMS and ascertaining the faculty strength in various postgraduate departments and hospital infrastructure.
The streams in which the seats have been enhanced include: Gynecology and Obstetrics-3, Pathology-2, Microbiology-3, Paediatrics-6, Radio-diagnosis-5 and Anesthesiology-5.
Prof Showkat said the Ministry had also sanctioned Rs 37 crores with 25 per cent of share from Government of Jamp;K for further development of infrastructure at SKIMS and for increasing more seats in various specialties.
?The information pertaining to the enhancement of seats has already been conveyed to the Chairman Board of Professional Entrance Examinations (BOPEE),? Prof Zargar added.
Describing the increase in PG seats as a major achievement for SKIMS, Prof Zargar said the news has send wave of jubilation among the students fraternity, intending to pursue higher education in the Valley. ?The toppers had been craving to do Post-Graduation in Radio-diagnosis and Paediatrics and their dreams have now come true,? he added.
SKIMS Director said that more specialties would be added up in the Institute in near future, adding that PG seats would be also increased in the existing courses.
?This year, the Medical Council of India, the umbrella body of medical colleges, has recognised four courses including, Pathology, Microbiology, Hospital Adminstration and Pediatrics, offered in the Institute,? he said, adding that the departments of Pediatric Surgery and Neurology were awaiting nod from the MCI to start M. Ch programmes. ?The MCI team has already conducted the inspection of these departments.?
Prof Showkat said the Institute had also taken up a batch of 25 students for the MSC nursing programme this year.
Prof. Showkat Ali Zargar also expressed his gratitude to the University staff especially Dean, Medical Faculty, Prof. Khurshid Iqbal, Consultant Academics Mehjabeen Banday and Adminstration Officer (Academic) Gulzar Ahmad who, according to him had put in their best efforts to make it happen.
He also thanked all the Head of the Departments, faculty members, and all the staff in making this thing to happen.

Lastupdate on : Sat, 12 May 2012 21:30:00 Mecca time
Lastupdate on : Sat, 12 May 2012 18:30:00 GMT
Lastupdate on : Sun, 13 May 2012 00:00:00 IST

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Mayor Scott Avedisian said that he nominated Public Works Director David Picozzi, Senior Planner Dan Geagan, Shaws Supermarkets and Pepsi-Cola Corporation for their work in transforming the old parks beachfront into a planted, passive recreation area.

They quarterbacked the transformation of a vacant amusement park into a user-friendly environmental showcase, Avedisian said.

The award was one of several regional ones awarded by the governor and tourism industry under this years theme of Beautiful Rhode Island.

SALT LAKE CITY, May 3, 2012 /PRNewswire via COMTEX/ –
It is one thing to establish goals, but quite another thing to execute them. MBA programs focus heavily on strategy, but offer virtually no training in execution — and it’s execution that keeps leaders awake at night.

Coauthors Chris McChesney, Sean Covey, Jim Huling, and the Franklin Covey Company

/quotes/zigman/181354/quotes/nls/fc FC
-0.11%

have spent more than a decade studying why execution so often fails, what can be done to fix it, and what it takes to achieve Wildly Important Goals (WIGs). They have worked with more than 13,000 teams and 200,000 people in hundreds of organizations in every kind of industry, as well as in schools and in government agencies worldwide.

The result of their findings is an essential new book, THE 4 DISCIPLINES OF EXECUTION: Achieving Your Wildly Important Goals, by Chris McChesney, Sean Covey, and Jim Huling (Free Press/April 24, 2012/$28.00 hardcover /
www.4dxbook.com ). The book provides a simple, repeatable, proven formula for achieving the goals you simply must reach. The 4 Disciplines of Execution (4DX) allow leaders to effectively deal with the most difficult aspect of creating breakthrough results: executing a strategy that requires a change in behavior.

Underlying the 4 Disciplines is the concept of the Whirlwind — the massive amount of energy necessary just to keep an operation going on a day-to-day basis. The Whirlwind is the real enemy of strategic execution. While a new strategy is important, the Whirlwind is urgent, and urgency wins out every time. THE 4 DISCIPLINES OF EXECUTION shows how to separate Wildly Important Goals (WIGs) from the Whirlwind so that breakthrough results can be achieved, while still sustaining the urgent work necessary to keep the organization running.

Clayton Christensen, Professor, Harvard Business School and author of The Innovator’s Dilemma, who wrote the forward for the book said, “The 4 Disciplines of Execution offers more than theories for making strategic organizational change. The authors explain not only the ‘what’ but also ‘how’ effective execution is achieved. They share numerous examples of companies that have done just that, not once, but over and over again. This is a book that every leader should read.”

J. W. Marriott, Jr., Chairman and Chief Executive Officer, Marriott International, Inc., said, “Many of the foundational values of Marriott are embodied within The 4 Disciplines of Execution. By utilizing this process inside our organization, our leaders and teams have been able to set and achieve extraordinary goals, which have had a significant impact on making ‘Our Guests’ Experience’ truly remarkable. Any organization can create these same kinds of breakthrough results if they apply the principles and processes taught in this book.”

The 4 Disciplines of Execution are sequential and interdependent — they must be done in order and done well to achieve breakthrough results. They are:

Focus on the Wildly Important. Give your best effort to those few goals that really matter instead of giving mediocre effort to dozens of goals.

Act on the Lead Measures. Carefully track the lead measures and let the lag measures take care of themselves.

Keep a Compelling Scoreboard. Make sure everybody knows the score at all times so they can tell if they are winning or not.

Create a Cadence of Accountability. Hold frequent, regular accountability sessions whose only purpose is to advance the Wildly Important Goals. These disciplines are deceptively simple to state, but they are not simplistic. They will profoundly change the way you approach your goals, and represent a major breakthrough in how to move teams and organizations forward. When done correctly, the 4 Disciplines of Execution lead to superb results every time.

For more information on The 4 Disciplines of Execution, visit
www.4dxbook.com .

About The Authors

Chris McChesney is the Global Practice Leader of Execution for Franklin Covey Co. and one of the primary developers of The 4 Disciplines of Execution. For more than a decade, he has led Franklin Covey’s ongoing design and development of these principles, as well as the consulting organization that has achieved extraordinary growth in many countries around the globe and impacted hundreds of organizations.

Sean Covey is Executive Vice President of Global Solutions and Partnerships for Franklin Covey Co. and oversees Franklin Covey’s international operations in 141 countries around the globe. As the Chief Product Architect for Franklin Covey, Sean organized and directed the original teams that conceived and created The 4 Disciplines of Execution and has been an avid practitioner and promoter of the methodology ever since.

Jim Huling is the Managing Consultant for Franklin Covey’s The 4 Disciplines of Execution. Jim’s career spans more than three decades of corporate leadership, from Fortune 500 organizations to privately held companies, including serving as CEO of a company recognized as one of the “25 Best Companies to Work for in America.” Prior to joining Franklin Covey, Jim was one of the first leaders to adopt The 4 Disciplines of Execution.

About The Franklin Covey Execution PracticeFranklin Covey Execution Practice provides practical processes to organizations and teams so they know what the wildly important goals of the organization are and how to achieve them, how to track success, and how to be accountable for creating extraordinary results.

About Franklin Covey CompanyFranklin Covey Co.

/quotes/zigman/181354/quotes/nls/fc FC
-0.11%

is the global consulting and training leader in the areas of strategy execution, leadership, productivity, trust, customer loyalty, sales performance, education and individual effectiveness. Franklin Covey clients have included 90 percent of the Fortune 100, more than 75 percent of the Fortune 500, thousands of small- and mid-sized businesses, as well as numerous government entities and educational institutions. Franklin Covey has more than 40 direct and licensee offices providing professional services in over 140 countries. For more information, visit
www.franklincovey.com .

Contact: Debra Lund, 801-244-4474

SOURCE Franklin Covey

Copyright (C) 2012 PR Newswire. All rights reserved

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FC

Franklin Covey Co.

US

: U.S.: NYSE

$
9.36

-0.01
-0.11%

Volume: 34,578
May 17, 2012 4:01p

P/E Ratio26.20
Dividend YieldN/A

Market Cap$166.79 million
Rev. per Employee$278,097

/quotes/zigman/181354/quotes/nls/fc

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FC

Franklin Covey Co.

US

: U.S.: NYSE

$
9.36

-0.01
-0.11%

Volume: 34,578
May 17, 2012 4:01p

P/E Ratio26.20
Dividend YieldN/A

Market Cap$166.79 million
Rev. per Employee$278,097

Financial Glossary

Words used in this article:

ZTISU president Alfred Rutanha confirmed the development to Standard- sport adding that the preparations for the event were at an advanced stage.
”Everything is now in order, we have finished all the logistics.

“Mutare Polytechnic is going to host this year’s ZTISU games. We have many disciplines which include soccer, tennis, chess, volleyball, netball, among others, which will be competed for,” he said.

”We are going to select outstanding players who are going to represent the country at the college and universities games  in Namibia from 16 to 22 of July this year. This year competition will be tough as some of the students are playing in various competitive leagues in the country,” he added.

Mutare Polytechnic sports director and chairman of the Local Organising Committee, Stanford Chaonza said the Eastern border city was now ready to host the four-day sporting extravaganza. –By Kenneth Nyangani.

Purpose of role:
To deliver breakthrough business performance on the sub-prop brands while building the equity and future value of the brand. To develop a sub-prop strategy that supports the prop whisk(e)y strategy. This role will also assume joint accountability for the growth and development of the ABM and graduate trainee to ensure a continuous pipeline of great marketing talent.

Top accountabilities:
1. Development of the sub-props brand strategy in alignment with the whisk(e)y strategy. This includes leading the annual game plan as well as the annual pricing strategy.
2. Development and implementation of insight based activity to achieve long-term sustained growth. This incorporates the development, implementation and evaluation of strong creative campaigns and communication channel strategies for the brand ensuring optimal investment of AP resources to deliver business results for the brand.
3. Translating brand strategy into six quarter activity planning (18 month planning) outlining activity by channel.
4. Driving the highest standards of execution for the brand. Ensuring excellence in the development and execution of brand strategy, commercialisation, communication and activation strategies.
5. Development of brand innovation and renovation plans in relation to the navigate process, including line extensions, working with innovation project managers and the global brand teams to deliver timeously.
6. Ownership and monitoring of holistic brand performance, initiating interventions where necessary. This will require the tracking of consumer and commercial business performance on a regular basis including PL management, consumer tracking and share tracking. Ensure ME is a core component of the brand strategy and plan.
7. Building strong relationships with external partners and stakeholders specifically brand owners, media, advertising, RM/digital, PR, promoter and specialist agencies. Be the GBT point of contact in market and manage timeous and accurate deliverables and build great relationships with them.
8. Building strong internal cross functional relationships with commercial, supply chain and business support. Be the key brand consultant for customer marketing in briefing BTL activity to ensure brand objectives are met.
9. Representation of the brand internally building passion, belief and pride.
10. Assisting and supporting the marketing manager on key projects as required.
11. This role will also assume joint accountability for the growth and development of the ABM and possible graduate trainee to ensure a continuous pipeline of great marketing talent.

Company Description Top Branding FMCG, focused on alcholic beverages, consumer focused and great growth potential.

Requirements Qualifications:
Appropriate tertiary marketing qualification – degree/diploma.
Post graduate degree an advantage.

Computer literacy:
Word, Excel, Power-point, MS Project High cognitive ability.

Experience:
Minimum of three – four years brand management experience with previously demonstrated success within this environment.
Experience working with and successfully managing agencies/strategic partner relationships.
Demonstrated success in a demanding, complex business environment.

Advantageous Key skills:
Strategic penetration: minimum requirement is baseline
Consumer insight: minimum requirement is developing
Motivating and inspiring agencies and cross-functional teams: developing
Marketing judgement: minimum requirement is developing
Commercial: minimum requirement is developing
Excellence in execution: minimum requirement is developing
Portfolio profitability: minimum requirement is baseline
Innovation: minimum requirement is baseline

Contact details
Lorna OBrien
OBrien Recruitment
0214102020
azocrboanrol

LAS VEGAS, May 09, 2012 (BUSINESS WIRE) –
Affinity Gaming, LLC announced today that it, together with its
wholly-owned subsidiary, Affinity Gaming Finance Corp., have completed
an offering of $200.0 million aggregate principal amount of 9% senior
notes due 2018. Affinity Gaming also entered into a new senior secured
credit facility, including a new term loan facility, to replace its
existing senior secured credit facility.

“This refinancing constitutes an important step in the realization of
our strategic vision for Affinity Gaming,” said David D. Ross, Chief
Executive Officer. “It serves the dual purpose of substantially reducing
our cost of borrowing while providing the company with the both the
availability and flexibility to continue improvements on our core
properties and pursue future acquisitions.”

Affinity Gaming used the net proceeds from the offering, together with
proceeds from its new senior secured credit facility, to terminate and
repay in full all outstanding indebtedness under its existing senior
secured credit facility, including any prepayment premiums, to pay fees
and expenses incurred in connection with the foregoing and intends to
use the balance for general corporate purposes, including strategic
acquisitions.

The notes and related guarantees were offered only to qualified
institutional buyers in reliance on Rule 144A under the Securities Act
or, outside the United States, to persons other than “U.S. persons” in
compliance with Regulation S under the Securities Act. The notes and
related guarantees have not been registered under the Securities Act or
the securities laws of any other jurisdiction and may not be offered or
sold in the United States absent registration or an applicable exemption
from the registration requirements. This press release is for
informational purposes only and shall not constitute neither an offer to
sell nor the solicitation of an offer to buy the notes or any other
securities and shall not constitute an offer, solicitation or sale in
any jurisdiction in which, or to any person to whom, such an offer,
solicitation or sale is unlawful. Offers of the notes were made only by
means of a private offering memorandum. The offering was not approved by
any gaming regulatory authority having jurisdiction over any of Affinity
Gaming’s casino operations.

About Affinity Gaming

Affinity Gaming is a diversified casino gaming company headquartered in
Las Vegas, Nevada. The Company’s casino operations consist of 12
casinos, nine of which are located in Nevada, two in Missouri and one in
Iowa. Affinity Gaming is also the landlord of three additional casinos
in Colorado and expects to be licensed to operate those casinos in the
second half of 2012. Additionally, Affinity Gaming has entered into a
consulting agreement to support the operations of the Rampart Casino at
the J.W. Marriott Resort in Las Vegas.

Cautionary Statement Regarding Forward-Looking Statements

This press release may contain forward-looking statements, which can be
identified by the use of words such as “anticipates,” “intends,”
“plans,” “seeks,” “believes,” “estimates,” “expects”, “projects,” “may,”
“will” or “should” or the negative or other variation of these or
similar words, or by discussions of strategy or risks and uncertainties,
and similar references to future periods. These statements are based on
management’s current expectations and assumptions about the industries
in which Affinity Gaming operates. Forward-looking statements are not
guarantees of future performance and are subject to significant risks
and uncertainties that may cause actual results or achievements to be
materially different from the future results or achievements expressed
or implied by the forward-looking statements. These risks and
uncertainties include, but are not limited to, the risks and
uncertainties related to the capital markets generally, as well as those
risk and uncertainties described in the Company’s most recent Annual
Report on Form 10-K, including under “Cautionary Statement Regarding
Forward-Looking Statements” and “Risk Factors.” The Annual Report on
Form 10-K can be accessed through the “Corporate Information” section of
the Company’s website at
www.affinitygamingllc.com .
The Company disclaims any intent or obligation to update or revise any
forward-looking statements in response to new information, unforeseen
events, changed circumstances or any other occurrence.

SOURCE: Affinity Gaming, LLC

Affinity Gaming, LLC
David D. Ross, 702-341-2410
Chief Executive Officer
or
J. Christopher Krabiel, 702-341-2413
Chief Financial Officer and Treasurer

Copyright Business Wire 2012

Financial Glossary

Words used in this article:

LAS VEGAS, May 10, 2012 (GlobeNewswire via COMTEX) –
Galaxy Gaming, Inc. announced today that it has scheduled an investor conference call to discuss its financial results for the quarter ending March 31, 2012. The details of the call, which is scheduled to include a web presentation, is as follows:

Conference Call
When: Thursday, May 17th at 1:30pm
Pacific Time (4:30 Eastern Time)
US/Canada: (888) 569-5033
International: (719) 325-2260
Passcode: 2590824

Web Presentation:

www.galaxygaming.com/investor-rel ations

The Company is expected to file its quarterly report with the U.S. Securities and Exchange Commission on Form 10-Q on Tuesday, May 15, 2012 and issue a recap of its operating results the next day.

About Galaxy Gaming

Headquartered in Las Vegas, Galaxy Gaming (
www.galaxygaming.com ) is the world's second largest developer, manufacturer and distributor of casino table games including Lucky Ladies, Texas Shootout, Emperor's Challenge, Deuces Wild, 21+3, Three Card Poker and Bonus Craps. In addition, it develops innovative and enhanced electronic wagering platforms and systems such as its Bonus Jackpot System, its Inter-Casino Jackpot System, MEGA-Share and the TableMAX e-Table Gaming System. Galaxy Gaming distributes its products to casinos worldwide.

The Galaxy Gaming, Inc. logo is available at

http://www.globenewswire.com/newsroom/prs/?pkgid=6569

Safe Harbor

This release may contain certain "forward-looking statements" relating to the Company's business which may be subject to various factors that may cause actual results to be materially different from those described herein as anticipated, estimated, or expected. The Company disclaims any obligation to update or alter its forward-looking statements.

This news release was distributed by GlobeNewswire,
www.globenewswire.com

SOURCE: Galaxy Gaming, Inc.

CONTACT: Robert B. Saucier, CEO
(702) 939-3254

(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

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Fast-forward a little over six months, and there are a lot more high-quality, bigger-budget titles available on Android. So well ask it again: what are your thoughts on the state of Android gaming?