Global Cash Access Signs Agreements to Serve Nine Gaming Establishments.LAS VEGAS Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. -- Global Cash Access, Inc. (GCA GCA, ground-controlled approach: see instrument-landing system. ), a leading provider of cash access products and related services to the gaming industry, announced it has signed contracts to serve nine gaming establishments. GCA offers a number of products and services, including ATM technology, cashless gaming products and marketing services that help casino patrons access cash, help gaming establishments better understand their patrons, and enhance gaming establishments' patron marketing activities. "We felt strongly that Central Credit and GCA's technology would help us grow our database and provide great marketing capabilities. They offer the best technology in the industry which enables us to make available an expanded scope of services to our valued guests," said Brian Parrish, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. for Inn of the Mountain Gods Resort and Casino in Mascalero, N.M., which will utilize GCA's QuikCash(TM) cash advance terminals, Central Credit gaming patron credit bureau and Central Credit check warranty service. "We look forward to providing dependable cash access products to these casinos and their patrons," said Diran Kludjian, executive vice president of sales for GCA. "It is gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to continue relationships with our existing customers and welcome new customers like Inn of the Mountain Gods Resort and Casino to the GCA family." QuikCash(TM) cash advance terminals are customer-activated, touch screen terminals that provide casino patrons with point-of-sale (POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale ) debit card debit card, card that allows the cost of goods or services that are purchased to be deducted directly from the purchaser's checking account. They can also be used at automated teller machines for withdrawing cash from the user's checking account. and credit card cash advance transaction options. Available in kiosk, countertop, wall-mount, free-standing and handheld models, QuikCash(TM) terminals can be installed virtually anywhere in a gaming establishment. Central Credit, a wholly-owned subsidiary of GCA, is the leading source for gaming credit information with a proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide. To allow gaming establishments to improve their credit-making decisions, Central Credit offers a variety of tools, including check verification, underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. of gaming patron credit requests, pre-approved credit screening and gaming credit reports. Central Credit check warranty service is a service through which payment on certain types of patron checks is warranted, which allows casinos to eliminate the risk of nonpayment on such checks. Gaming establishments included in recently signed agreements with GCA are: --Casino Apache Travel Center - Mascalero, N.M. --Cat's Paw - Bozeman, Mont. --Crystal Bay Club Casino - Crystal Bay, Nev. --Inn of the Mountain Gods Resort and Casino - Mascalero, N.M. --King Tut's Pub and Poker - Las Vegas --Molly Brown - Bozeman, Mont. --Ote Missouria Smoke Shop - Newkirk, Okla. --Prairie Knights Casino & Resort - Fort Yates, N.D. --Treasure Bay Casino - Biloxi, Miss. About Global Cash Access, Inc. Las Vegas-based Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access Holdings, Inc. (NYSE NYSE See: New York Stock Exchange : GCA), is a leading provider of cash access products and related services to approximately 1,060 gaming properties and other clients in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Continental Europe Continental Europe, also referred to as mainland Europe or simply the Continent, is the continent of Europe, explicitly excluding European islands and, at times, peninsulas. , the United Kingdom, Canada and the Caribbean. GCA's products and services provide gaming establishment patrons access to cash through a variety of methods, including ATM cash withdrawals, POS debit card transactions, credit card cash advances, check verification and warranty services and Western Union money transfers. GCA provides products and services that improve credit decision-making, automate cashier CASHIER. An officer of a moneyed institution, who is entitled by virtue of his office to take care of the cash or money of such institution. 2. The cashier of a bank is usually entrusted with all the funds of the bank, its notes, bills, and other choses in operations and enhance patron marketing activities for gaming establishments. With its proprietary database of gaming patron credit history and transaction data on millions of gaming patrons worldwide, GCA is recognized for successfully developing and deploying technological innovations that increase client profitability, operational efficiency and customer loyalty. More information is available at GCA's web site at www.globalcashaccess.com. Forward-Looking Statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. Such forward-looking statements include, but are not limited to, any statement or implication that the gaming establishments named in this press release will continue to use the products or services described in this press release. Such forward-looking statements involve risks and uncertainties that, if realized, could materially impair Global Cash Access Holdings, Inc.'s results of operations, business, and financial condition. These risks and uncertainties include, but are not limited to, (a) our inability to predict the results of the certification process and technical, operational or contractual limitations in our ability to install EDITH EDITH Exit Drills In The Home (Fire Prevention) EDITH European Development on Indexing Techniques for Databases with Multidimensional Hierarchies at one or more beta sites An organization or group that is beta testing hardware and/or software. See beta test. , and (b) the factors discussed from time to time in reports filed by Global Cash Access Holdings, Inc. with the Securities and Exchange Commission. The forward-looking statements contained in this news release are made as of the date hereof, and Global Cash Access Holdings, Inc. does not intend, and undertakes no obligation to, update or qualify any of the forward-looking statements made herein. |
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