Radio Frequency Identification Technology for Logistics, Tagging and EPC

Casino chips, too?!?!

Thursday, April 27, 2006

“This order marks the validation of our RFID casino chip business, which we envision as one of our core business lines for the future,” commented Mark Newburg, President and CEO of VendingData, a manufacturer a distributor of secure gaming products.

According to RTTNews, the company just announced that it has secured its first official Dolphin High Frequency RFID casino gaming chip purchase agreement from The Galaxy Group. VendingData said that its Dolphin RFID casino chips will be shipped to Galaxy’s Starworld Casino expected to open during the third quarter of 2006 with approximately 300 tables.

The Las Vegas company formerly known as Casinovations™ Incorporated will manufacture more than 500,000 (13.56 MHz) RFID Casino Chips for Galaxy. Click here for more. [end] 

The European Payments Council (EPC) has published the second edition of its “White Paper on Mobile Payments.”

According to EPC, the white paper focuses on the usage of the mobile payments in the Single Euro Payments Area (SEPA) and explores how m-payment services can be delivered through cooperation between service providers in the payment industry and players within the mobile ecosystem.

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Rivers Casino Des Plaines, Ill. has installed InvoTech’s GIMS automatic ultra-high frequency (UHF) RFID garment tracking system to manage more than 20,000 custom-designed staff uniforms.

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MarketsandMarkets has published a new report predicting that the NFC market will reach over $10 billion by 2016 at a compound annual growth rate (CAGR) of 38% from 2011 to 2016.

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A new survey from Euro Kartensysteme shows that Germans are starting to embrace the idea of contactless and NFC payments.

Out of 1,040 Germans aged 18-59, 43% responded that they would like to make contactless payments if given the opportunity, of which 58% percent would make their payments with a debit card card, 41% with a credit card and 50% with an NFC phone.

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In Europe, the Association for Retail Technology Standards (ARTS) and EPASOrg has developed a new global standard to help accommodate changes in new payment technologies, according to SupermarketNews.com

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French supermarket chain Casino is working on a new system that uses NFC tags to give the visually impaired and disabled access to product information like pricing and ingredients.

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