Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
THIEFFRY ALAIN
  2. Issuer Name and Ticker or Trading Symbol
Gaming Partners International CORP [GPIC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O HOLDING WILSON SA, 3 AVENUE DU PRESIDENT WILSON
3. Date of Earliest Transaction (Month/Day/Year)
12/06/2005
(Street)

PARIS, I0 75116
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1) 12/06/2005   M   6,000 A $ 3.4 6,000 D  
Common Stock (2) 12/06/2005   M   1,500 A $ 5.94 7,500 D  
Common Stock (3) 12/06/2005   M   1,500 A $ 4.71 9,000 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option/Right to Buy (1) $ 3.4 12/06/2005   M     6,000   (1) 09/12/2012 Common Stock 6,000 $ 3.4 0 D  
Option/Right to Buy (2) $ 5.94 12/06/2005   M     1,500 03/13/2004 09/12/2013 Common Stock 1,500 $ 5.94 0 D  
Option/Right to Buy (3) $ 4.71 12/06/2005   M     1,500 03/14/2005 09/12/2014 Common Stock 1,500 $ 4.71 0 D  
Option/Right to Buy (4) $ 18.37             03/14/2006 09/12/2015 Common Stock 3,500   0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
THIEFFRY ALAIN
C/O HOLDING WILSON SA
3 AVENUE DU PRESIDENT WILSON
PARIS, I0 75116
  X      

Signatures

 /s/ Melody Sullivan, by power of attorney   12/21/2005
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On December 6, 2005, Mr. Thieffry exercised an option to purchase 6,000 shares of the $0.01 par value common stock of Gaming Partners International Corp. (f/k/a Paul-Son Gaming Corporation (the "Company")) at an exercise price of $3.40 per share. The option was originally granted to him under the Company's 1994 Directors' Stock Option Plan (the "Plan"). The option vested in equal installments over a three year period, with the final installment vesting as of September 12, 2005. Mr. Thieffry's exercise of his option was exempt under Rule 16b-3 and/or Rule 16b-6.
(2) On December 6, 2005, Mr. Thieffry exercised an option to purchase 1,500 shares of the Company's $0.01 par value common stock at an exercise price of $5.94 per share. The option was originally granted to him under the Plan. The option was fully exercisable as of March 13, 2004. Mr. Thieffry's exercise of his option was exempt under Rule 16b-3 and/or Rule 16b-6.
(3) On December 6, 2005, Mr. Thieffry exercised an option to purchase 1,500 shares of the Company's $0.01 par value common stock at an exercise price of $4.71 per share. The option was originally granted to him under the Plan. The option was fully exercisable as of March 14, 2005. Mr. Thieffry's exercise of his option was exempt under Rule 16b-3 and/or Rule 16b-6.
(4) As previously reported, on September 12, 2005, the Company granted Mr. Thieffry options to purchase 3,500 shares of the Company's $0.01 common stock at $18.37 per share, pursuant to the Plan. The grant was exempt under Rule 16b-3. The option was fully vested upon the date of grant, but is not exercisable until March 14, 2006.

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