Some shareholders are chasing sugar hits and selling. The announcement is good and should lead to strong future revenue from profit sharing.
"The companies will jointly develop video analytic products for worldwide deployment in casino currency security, game table operations and player behaviour applications".... "a global addressable market of over US$200 million annually for video analytic solutions".
“With our new table communications hub, GPI will leverage BrainChip technologies, radio frequency identification, and other partners’ technologies to provide real-time immersive data analytics and artificial intelligence for currency security, game protection and trend analysis, accurate comping, and marketing automation. GPI is the world’s leading supplier of casino currency and is well positioned to support the growing requirement to provide table game security... This joint development will provide GPI a stand-alone video solution, and work in concert with GPI’s existing RFID products to provide a robust and reliable solution.”
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- Ann: Licensing, Development and Revenue Sharing Agreement Signed
Ann: Licensing, Development and Revenue Sharing Agreement Signed, page-27
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