Global Cash Access Signs Agreement to Provide Check Cashing Services to Penn National's Gaming Establishments

LAS VEGAS, Aug 28, 2006 (BUSINESS WIRE) -- Global Cash Access, Inc. (GCA), a leading provider of cash access products and related services to the gaming industry, announced it has signed an agreement with Penn National Gaming, Inc., to provide its Central Credit check warranty service to Penn National's gaming establishments.

"The new Central Credit electronic check product streamlines cage operations which enables us to reduce costs and provide a better experience for our patrons," said Len DeAngelo, executive vice president of operations with Penn National Gaming.

Central Credit check warranty 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.

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 of gaming patron credit requests, pre-approved credit screening and gaming credit reports.

"We enjoy serving Penn National, one of the top U.S. gaming operators, and are very pleased they decided to renew their contract with us," said Diran Kludjian, executive vice president of sales for GCA. "We understand the need to offer casino products that simplify cage operations and make the check warranty and casino credit decision process easier. That is why we have married our Central Credit database with standard credit rating services, providing our customers with the only gaming-specific check guarantee product available to the industry."

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.

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 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.

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) our inability to predict the results of the certification process and technical, operational or contractual limitations in our ability to install EDITH at one or more beta sites, 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.

SOURCE: Global Cash Access, Inc.

Global Cash Access, Inc.
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