Exhibit 99.1  FOR
IMMEDIATE RELEASE  Gaming Partners International Reports Financial Results for
the Fourth Quarter and Year-end 2008  Las Vegas, Nevada, March 30,
2009  Gaming Partners International Corporation (Nasdaq: GPIC), the leading
worldwide provider of casino currency and table gaming equipment, today
announced financial results for the fourth quarter and year ended December 31,
2008.  For the fourth quarter of
2008, the Company reported revenues of $15.7 million, which were down 21% compared
to revenues of $19.9 million for the fourth quarter of 2007.  Gross profit for the quarter was $5.5
million, or 35% of revenues, compared to $6.8 million, or 34% of revenues, in
the same period a year ago.  Net income for the fourth
quarter of 2008 was $1.8 million, or $0.22 per basic and diluted share, and up 100%
compared to a net income of $0.9 million, or $0.11 per basic and diluted share,
in the fourth quarter of 2007.  For the year ended December 31,
2008, revenues were $60.5 million, which were up 3% compared to revenues of $58.8
million in the year ended December 31, 2007.  Gross profit for the year was $19.9 million,
or 33% of revenues, compared to $17.5 million, or 30% of revenues, in 2007.  Net income for the year
ended December 31, 2008 was $4.5 million, or $0.55 per basic and diluted
share, compared to $0.2 million, or $0.03 per basic and diluted share, for the year
ended December 31, 2007.  As of December 31,
2008, the Company had cash and marketable securities of $13.1 million, compared
to $9.4 million as of December 31, 2007.  As of December 31,
2008, the Company had $38.8 million of stockholders equity, compared to $35.1
million as of December 31, 2007.  As of December 31,
2008, our backlog of unfilled orders, which are expected to be filled in 2009, was
$13.0 million.  Over $8.0 million of the
backlog is for orders from two casinos in Asia that are expected to be
delivered in the middle of the year, which the Company previously announced
with its press release on January 16, 2009.  At December 31, 2007, our backlog was $11.1
million.  Commenting on the
results, Gerard Charlier, President and CEO, said, We are pleased with our fourth
quarter and year end results for 2008, especially given the difficult economic
environment.  This past year was the
Companys second best year in terms of both revenues and net income.  Our continuing efforts to reduce costs
contributed to these results.  The move
of our Bud Jones chip production from Las Vegas to Mexico is improving
operating margins and we have made staff reductions as well as other cost
reductions.  However, the challenges
facing the gaming industry will make 2009 a difficult year, especially in the
first quarter.  Nonetheless, we are
positioning the company to meet the challenges we face and believe we can find
success in the marketplace, such as the large orders we announced in January for
the City of Dreams casino in Macau and the Newport City casino in Manila.


About
Gaming Partners International Corporation  GPIC manufactures and
supplies (under the brand names of Paulson®, Bourgogne et Grasset® and Bud
Jones®) casino chips including plaques and jetons and low frequency and high
frequency RFID chips, low and high frequency RFID readers, table layouts,
playing cards, dice, gaming furniture, roulette wheels, table accessories, and
other products that are used with casino table games such as blackjack, poker,
baccarat, craps, and roulette. GPIC is headquartered in Las Vegas, Nevada, with
offices in Beaune, France; San Luis Rio Colorado, Mexico; Atlantic City, New Jersey;
and Gulfport, Mississippi. GPIC sells its casino products directly to licensed
casinos throughout the world. For additional information about GPIC, visit our
web site at www.gpigaming.com.  Safe Harbor Statement  This release contains forward-looking
statements based on current expectations but involving known and unknown risks
and uncertainties, such as statements relating to anticipated future sales or
the timing thereof, the long-term growth and prospects of our business or any
jurisdiction, including Macau, unfavorable economic conditions which may reduce
our product sales, and the long term potential of the RFID gaming chips market
and the ability of Gaming Partners International to capitalize on any such
growth opportunities. Actual results or achievements may be materially
different from those expressed or implied. Gaming Partners International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, 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.  For more Information please contact: For Gaming Partners International Corporation:  GPIC Contact:David W. Grimes702-598-2400dgrimes@gpigaming.com  #
# #  2


GAMING PARTNERS INTERNATIONAL CORPORATION CONSOLIDATED BALANCE SHEETS December 31,  (in
thousands, except share amounts)  2008
  
  2007ASSETSCurrent Assets:Cash and cash
  equivalents
  
  $
  5,547
  
  $
  4,627Marketable
  securities
  
  7,561
  
  4,730Accounts
  receivable, less allowance for doubtful accounts of $342 and $327,
  respectively
  
  5,422
  
  5,811Inventories
  
  9,894
  
  10,093Prepaid expenses
  
  431
  
  487Deferred income
  tax asset
  
  691
  
  893Other current
  assets
  
  790
  
  1,459Total
  current assets
  
  30,336
  
  28,100Property and
  equipment, net
  
  14,158
  
  15,596Goodwill
  
  1,599
  
  1,680Other
  intangibles, net
  
  783
  
  1,023Deferred income
  tax asset
  
  1,666
  
  1,514Long-term
  investments
  
  696
  
  736Other assets,
  net
  
  311
  
  660Total
  assets
  
  $
  49,549
  
  $
  49,309LIABILITIES
  AND STOCKHOLDERS EQUITYCurrent
  Liabilities:Current
  maturities of long-term debt
  
  $
  523
  
  $
  689Accounts payable
  
  2,613
  
  2,964Accrued
  liabilities
  
  3,066
  
  4,418Customer
  deposits
  
  1,432
  
  2,715Income taxes
  payable
  
  312
  
  27Other current
  liabilities
  
  459
  
  406Total
  current liabilities
  
  8,405
  
  11,219Long-term debt,
  less current maturities
  
  1,743
  
  2,273Deferred income
  tax liability
  
  585
  
  455Other
  liabilities
  
  
  
  209Total
  liabilities
  
  10,733
  
  14,156Commitments and
  contingencies - see Note 10 Stockholders Equity:Preferred stock,
  authorized 10,000,000 shares, $.01 par value, none issued and outstanding
  
  
  
  Common stock,
  authorized 30,000,000 shares, $.01 par value, 8,103,401 and 8,103,401,
  respectively, issued and outstanding
  
  81
  
  81Additional
  paid-in capital
  
  19,033
  
  18,766Treasury stock,
  at cost; 8,061 shares
  
  (196
  )
  (196
  )Retained
  earnings
  
  17,312
  
  12,825Accumulated
  other comprehensive income
  
  2,586
  
  3,677Total
  stockholders equity
  
  38,816
  
  35,153Total
  liabilities and stockholders equity
  
  $
  49,549
  
  $
  49,309  See Notes to
Consolidated Financial Statements


GAMING PARTNERS INTERNATIONAL CORPORATION CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS December 31,  (in thousands, except per
share amounts)  2008
  
  2007Revenues
  
  $
  60,546
  
  $
  58,821Cost of revenues
  
  40,671
  
  41,355Gross
  profit
  
  19,875
  
  17,466Product development
  
  201
  
  419Marketing and
  sales
  
  4,263
  
  4,303General and
  administrative
  
  10,071
  
  11,882Operating
  income
  
  5,340
  
  862Other income
  (expense)Gain (loss) on
  foreign currency transactions
  
  268
  
  (323
  )Interest income
  
  252
  
  334Interest expense
  
  (137
  )
  (190
  )Other income,
  net
  
  103
  
  374Income
  before income taxes
  
  5,826
  
  1,057Income tax
  expense
  
  1,339
  
  817Net
  income
  
  $
  4,487
  
  $
  240Earnings per
  share:Basic
  
  $
  0.55
  
  $
  0.03Diluted
  
  $
  0.55
  
  $
  0.03Weighted-average
  shares of common stock outstanding:Basic
  
  8,103
  
  8,101Diluted
  
  8,184
  
  8,242  See Notes to
Consolidated Financial Statements


Selected Quarterly
Financial Information  Year Ended December 31, 2008First
  
  Second
  
  Third
  
  Fourth
  
  Total(in thousands, except per share data)Net revenues
  
  $
  12,125
  
  $
  18,856
  
  $
  13,820
  
  $
  15,745
  
  $
  60,546Gross profit (1)
  
  3,659
  
  6,333
  
  4,420
  
  5,463
  
  19,875Operating (loss)
  income
  
  (396
  )
  2,407
  
  1,318
  
  2,011
  
  5,340Net (loss)
  income
  
  $
  (412
  )
  $
  1,850
  
  $
  1,247
  
  $
  1,802
  
  $
  4,487Net (loss)
  income per share:Basic
  
  $
  (0.05
  )
  $
  0.23
  
  $
  0.15
  
  $
  0.22
  
  $
  0.55Diluted
  
  $
  (0.05
  )
  $
  0.23
  
  $
  0.15
  
  $
  0.22
  
  $
  0.55  Year Ended December 31, 2007First
  
  Second
  
  Third
  
  Fourth
  
  Total(in thousands, except per share data)Net revenues
  
  $
  8,921
  
  $
  14,779
  
  $
  15,196
  
  $
  19,925
  
  $
  58,821Gross profit (1)
  
  1,441
  
  4,470
  
  4,708
  
  6,847
  
  17,466Operating (loss)
  income
  
  (2,373
  )
  289
  
  958
  
  1,988
  
  862Net (loss)
  income
  
  $
  (1,490
  )
  $
  440
  
  $
  387
  
  $
  903
  
  $
  240Net (loss)
  income per share:Basic
  
  $
  (0.18
  )
  $
  0.05
  
  $
  0.05
  
  $
  0.11
  
  $
  0.03Diluted
  
  $
  (0.18
  )
  $
  0.05
  
  $
  0.05
  
  $
  0.11
  
  $
  0.03