Global Cash Access Grows European Reach with Five New Agreements
Contracts Cap a Year of Solid International Expansion for GCA LAS VEGAS--(BUSINESS WIRE)--Jan. 4, 2007--Global Cash Access (GCA) continues its international expansion in the European market with the execution on new agreements with five properties in the United Kingdom. GCA, a leading provider of cash access products and related services to the gaming industry, 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. Properties signing agreements with GCA are: The new contracts cap a year of solid global expansion for GCA, in which GCA, through its wholly-owned subsidiaries, signed numerous agreements with international gaming establishments located in the United Kingdom, Continental Europe, Canada and the Caribbean. GCA also entered into the Asia-Pacific region by signing a bank sponsorship agreement with Banco Weng Hang S.A. and multi-year agreements for the provision of GCA's products and services with Galaxy Casino, a leading operator of casino, hotel and entertainment facilities in Macau. "We're delighted to close a successful year of international expansion with these agreements," said Scott Dowty, GCA's senior vice president for international business. "This growth has been fueled in part by GCA's ongoing commitment to providing to every establishment in every region the same service and attention we provide to our U.S. customers. That includes live customer support, especially to non-English speaking customers, in 150 languages, 24 hours day, seven days a week." All properties, with the exception of Thistle Hotel, will use GCA's QuikCash(TM) cash advance terminals and QuikCash Plus(TM) (QCP) Web. "We have recently installed QCP Web into our casino and are very pleased with the GCA service and product," said Pierre Coulon, director and general manager of Paris Casino in Blackpool. "QCP Web has enabled us to offer our patrons improved customer service, more cash access options and more revenue to our gaming floor." QuikCash(TM) cash advance terminals provide patrons with point-of-sale (POS) debit card and credit card cash advance transaction options, while QCP Web is a proprietary browser-based, full-service cash access transaction processing system for casino cashier operations. Thistle Hotel will offer Central Credit. A wholly-owned subsidiary of GCA, Central Credit 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 of gaming patron credit requests, pre-approved credit screening and gaming credit reports. About Global Cash Access, Inc. Las Vegas-based Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access Holdings, Inc. (NYSE: GCA), 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, the Asia-Pacific region 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. Forward-Looking Statements 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. CONTACT: Investors:
-- Soul Casino, Aberdeen, Scotland
-- Clermont Club Casino, London, England
-- Leo Casino, Liverpool, England
-- Paris Casino, Blackpool, England
-- Thistle Marble Arch, London, England
Global Cash Access, Inc.
Harry C. Hagerty, CFO, 702-262-5003
hhagerty@gcamail.com
or
Media:
Katcher Vaughn & Bailey Eric Davis, 615-248-8202
edavis@kvbpr.com
SOURCE: Global Cash Access
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