Global Cash Access Announces Exercise of Over-Allotment Option

LAS VEGAS--(BUSINESS WIRE)--Oct. 12, 2005--Global Cash Access Holdings Inc. (NYSE:GCA) today announced that the underwriters of its recently completed initial public offering of common stock have exercised the over-allotment option to purchase an additional 2,219,224 shares. Of this amount, 1,053,568 shares are being offered by the company and the balance are being offered by selling stockholders. The exercise of the over-allotment option will result in additional proceeds to the company (net of underwriting discounts and commissions) of approximately $13.7 million. The option exercise is scheduled to close on Friday, Oct. 14, 2005.

A registration statement relating to this offering was filed with and declared effective by the Securities and Exchange Commission. The offering is being made solely by means of a prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Interested persons may obtain copies of the final prospectus relating to the offering from Goldman, Sachs & Co., 85 Broad St., New York, NY 10004, Attention: Prospectus Department, 212-902-1171, or J.P. Morgan Securities Inc., One Chase Manhattan Plaza, New York, NY 10081, Attention: Prospectus Department, 212-552-5164.

About Global Cash Access

Global Cash Access Holdings Inc. is the parent of Las Vegas-based Global Cash Access Inc. (GCA). GCA is a leading provider of cash access products and related services to approximately 960 gaming properties and other clients in the United States, the United Kingdom, Canada and the Caribbean. 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. For more information, please visit the company's Web site at www.globalcashaccess.com.

CONTACT: Katcher Vaughn & Bailey
Kristi Gooden, 615-248-8202 (Media)
kgooden@kvbpr.com
or
Global Cash Access Holdings Inc.
Harry C. Hagerty, 702-262-5003 (Investor)
hhagerty@gcamail.com

SOURCE: Global Cash Access Holdings Inc