VendingData Corporation has agreed to purchase the intellectual property and global distribution rights for a high frequency RFID chip. These chips go inside casino chips. VendingData is purchasing these rights from an Australian based company called Dolphin Products.

Dolphin will continue to manufacture the “smart”casino chips. Dolphin Products is one of the few casino chip manufacturers that has designed a commercially viable high frequency RFID casino chip. The RFID chip is embedded within a traditional casino chip. This technology offers casinos several advantages including the ability to enhance chip security and accounting management.

VendingData Corporation is located in Las Vegas and they develop products for the gaming industry. Their customers include Caesars Entertainment, MGM Mirage, Station Casinos, Boyd Gaming, the Venetian, Foxwoods, and the Commerce Casino. Check out the below article for more details.