8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) December 1, 2011

Gaming Partners International Corporation

(Exact name of registrant as specified in its charter)

Nevada	0-23588	88-0310433
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification No.)

1700 S. Industrial Road, Las Vegas, Nevada	89102
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code (702) 384-2425

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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Item 8.01  Other Events

On December 1, 2011, Gaming Partners International Corporation (the “Company”) issued a press release announcing a program to repurchase up to five percent (5%), or approximately 410,000 shares, of the Company’s outstanding common stock.  Repurchases will be made from time to time in open market or in privately negotiated transactions.  The timing and amount of share repurchases will be determined by the Company’s management based on its evaluation of market conditions, the trading price of the stock, applicable legal requirements, and other factors, subject to periodic approval of the Board of Directors.  This program does not obligate the Company to acquire any particular amount of common stock or to acquire shares within any particular timetable and the program may be suspended at any time at the Company’s discretion.  The press release is furnished as Exhibit 99.1.

Item 9.01  Financial Statements and Exhibits.

(d) Exhibits.

Exhibit 99.1                      Press release dated December 1, 2011.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Gaming Partners International Corporation
Date:  December 1, 2011
	By:	/s/ Gerald W. Koslow
		Gerald W. Koslow Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.	Description
Exhibit 99.1	Press release dated December 1, 2011.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

Gaming Partners International Announces Stock Repurchase Program

LAS VEGAS, Nevada -- December 1, 2011 – Gaming Partners International Corporation (GPIC: Nasdaq) (the "Company"), a leading worldwide provider of casino currency and table gaming equipment, announced today that its Board of Directors unanimously authorized a program to repurchase shares of the Company’s common stock.  The Board approved the repurchase of up to five percent (5%), or approximately 410,000 shares, of the Company’s outstanding common stock.

These repurchases will be made from time to time in open market or in privately negotiated transactions.  The timing and amount of share repurchases will be determined by the Company’s management based on its evaluation of market conditions, the trading price of the stock, applicable legal requirements, and other factors, subject to periodic approval of the Board.  This program does not obligate the Company to acquire any particular amount of common stock or to acquire shares within any particular timetable and the program may be suspended at any time at the Company’s discretion.

Greg Gronau, President and CEO, stated that, "At the present time, based upon the combination of our current market valuation, our cash balances and our ongoing cash flow generation, we believe that this share repurchase program is an appropriate use of cash, while also providing us adequate flexibility for future initiatives.”

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®, Bud Jones®, and Bourgogne et Grasset®, GPIC provides casino currency such as chips, plaques and jetons; casino tables, furniture and accessories; table layouts; playing cards; precision dice;  roulette wheels; and gaming-related RFID technology and applications.  Headquartered in Las Vegas, Nevada, GPIC has additional locations 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 www.gpigaming.com.

Safe Harbor Statement

This release contains “forward-looking statements” based on current expectations regarding the Company’s future repurchases of its common stock.  These forward-looking statements involve known and unknown risks and uncertainties which may cause the Company not to make share repurchases as currently anticipated.  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 alternative uses of cash, 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, 2010, 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:

Gerald W. Koslow, CFO

702-598-2401

jkoslow@gpigaming.com