GPI / Paulson CEO Resigns (1 Viewer)

[Aplusent]

I own a piece.

View attachment 191628

I keep clicking on the link but the file won't open!!!

 

[BGinGA]

Chip orders are a relatively small portion of GPI's annual revenues.

 

[Frogzilla]

Mostly slot machines?

 

[Lemonzest]

Chip orders are a relatively small portion of GPI's annual revenues.

What makes up the rest?

 

[DJ Mack]

What makes up the rest?

Just about everything else one would need to run a casino. Cards, tables, electronic displays, shufflers, felts, chairs, pit stands, and currency handling equipment like plastic drop bags are just some of the things they offer. They also sell maintenance services.

Underlying it all: they hold all the various licenses required for just about any aspect of a casino, including maintenance. As an example, they offer pre-shuffled decks which you might think is no big deal until you learn that there's a huge amount of red tape that goes in to making sure decks are truly random and there's no opportunities for tampering. They charge a premium for this but casinos have run the numbers and found it more cost effective to buy decks that can be put into play immediately.

With respect to the games, believe it or not most table games are protected by patent. GPI owns or has arrangements to resell just about any game out there.

 

[Darthhoodie]

Just about everything else one would need to run a casino. Cards, tables, electronic displays, shufflers, felts, chairs, pit stands, and currency handling equipment like plastic drop bags are just some of the things they offer. They also sell maintenance services.

Underlying it all: they hold all the various licenses required for just about any aspect of a casino, including maintenance. As an example, they offer pre-shuffled decks which you might think is no big deal until you learn that there's a huge amount of red tape that goes in to making sure decks are truly random and there's no opportunities for tampering. They charge a premium for this but casinos have run the numbers and found it more cost effective to buy decks that can be put into play immediately.

With respect to the games, believe it or not most table games are protected by patent. GPI owns or has arrangements to resell just about any game out there.

Wow, did not know this. Incredible!

 

[Taghkanic]

They charge a premium for this but casinos have run the numbers and found it more cost effective to buy decks that can be put into play immediately.

The casino nearest me clearly has not bought into/caught onto this idea. Not at all uncommon for fresh decks to be brought in, the dealer fans them out, checks that they are complete, turns them over to check the backs...

 

[DJ Mack]

The casino nearest me clearly has not bought into/caught onto this idea. Not at all uncommon for fresh decks to be brought in, the dealer fans them out, checks that they are complete, turns them over to check the backs...

Here's a story on it, even specifically mentions GPI and what goes into making pre-shuffled decks. Cost is about 25 cents more per deck. In case anyone wondered casinos pay about 67 cents per standard deck, so figure close to a buck apiece for pre-shuffled. The story has a link to vendor page with a neat video on how cards are made.