GCA (MACAU) S.A. Grows Presence in Asia-Pacific Region with Galaxy Casino, S.A.
LAS VEGAS -- Global Cash Access, Inc. (GCA), a leading provider of cash access products and related services to the gaming industry, announced today that Galaxy Casino, S.A. Macau operations will begin using the products and services of GCA (Macau) S.A., a wholly-owned subsidiary of GCA.
Galaxy Casino, S.A. is a leading operator of casino, hotel and entertainment facilities in Macau. In October, it opened its flagship property, StarWorld Hotel and Casino, the first casino in Macau to agree to use GCA's cash access products. Under this agreement, StarWorld Hotel and Casino will incorporate an array of GCA's products and services over the coming months.
"Growing our presence in Macau is a high priority for GCA, and this agreement - our first in Macau and our first with Galaxy Casino, S.A. - is an important milestone for us," said Scott Dowty, senior vice president, international business, for GCA. "Galaxy Casino, S.A. is committed to thoughtful and attentive service for its patrons, and we look forward to enhancing that service with new technologies and products that put more cash on the casino floor and provide uniquely convenient experiences for Galaxy Casino, S.A.'s guests."
The GCA products and services Galaxy Casino, S.A. will offer are expected to include:
QuikCash Plus(TM) Web, a proprietary browser-based, full service cash access transaction processing system for casino cashier operations. It processes multiple financial transactions through one device, streamlining operations and increasing the speed of transactions.
QuikCash(TM) cash advance terminals, which are customer-activated, touch screen terminals that provide casino patrons with point-of-sale (POS) debit card and credit card cash advance transaction options. Available in kiosk, countertop, wall-mount, free-standing and handheld models, QuikCash terminals can be installed virtually anywhere in a gaming establishment.
3-in-1 Enabled QuickJack(TM) Plus, a multi-function patron kiosk that incorporates GCA's patented "3-in-1" rollover functionality for cash access into self-service kiosks for slot ticket redemption services provided by NRT Technology Corporation.
Central Credit, a wholly-owned subsidiary of GCA and 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 underwriting of gaming patron credit requests, pre-approved credit screening and gaming credit reports.
EDITH (Electronic Debit Interactive Terminal Housing), a compact kiosk placed at the end of a row of slot machines to allow casino patrons to purchase slot, or ticket-in ticket-out (TITO), vouchers with their debit card. EDITH is reliable and simple to use. Patrons simply insert and remove their debit card, enter their personal identification number (PIN) and request an amount. Upon approval of the transaction, a bar-coded slot voucher is then dispensed from EDITH's voucher printer. An optional receipt is also provided upon the patron's request. The bar-coded slot voucher may then be inserted into a TITO-enabled slot machine or redeemed at a cashier station.
About Global Cash Access, Inc.
Las Vegas-based Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access Holdings, Inc. (NYSE: GCA - News), is directly, or through its wholly-owned subsidiaries, a leading provider of cash access products and related services to approximately 1,060 gaming properties and other clients in the United States, Continental Europe, 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 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.
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) the termination of one or more of the contracts with gaming establishments described in this press release, 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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|Date:||Dec 19, 2006|
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