Global Cash Access Signs Multi-Year Agreement with Turning Stone Resort and Casino and Nine Other Gaming Establishments; Turning Stone Resort and Casino to Utilize 3-in-1 ATM
LAS VEGAS--(BUSINESS WIRE)--Nov. 30, 2005--Turning Stone Resort and Casino, located in Verona, N.Y., has signed a multi-year contract to use the products and services of Global Cash Access, Inc. (GCA), a leading provider of cash access products and related services to the gaming industry. Nine other gaming establishments have also signed contracts with GCA. Owned and operated by the Oneida Indian Nation, Turning Stone Resort and Casino will utilize GCA's Casino Cash Plus(R) 3-in-1 ATM, which offers patrons a quick way to access cash through ATM cash withdrawals, point-of-sale (POS) debit card transactions and credit card cash advances with patented 3-in-1 rollover functionality. One of GCA's most popular ATMs, the Casino Cash Plus(R) 3-in-1 ATM, provides convenience to casino patrons and revenue potential to casino operators. "We feel confident our commitment to our patrons and long-standing association with Global Cash Access combined with their exceptional service will continue to provide our patrons with the cash access options they desire and expect," said Daniel Smith, director of cage operations at Turning Stone Resort and Casino. "We are very pleased to add our 3-in-1 ATM to the combination of services we already provide to Turning Stone Resort and Casino," said Diran Kludjian, GCA's executive vice president of North American and international sales. "Because of our extensive experience with Native American gaming properties, we have a clear understanding of the product mix that enables these casinos to prosper." GCA offers a number of products and services, including ATM technology, cashless gaming and marketing services that help casino patrons access cash, help gaming establishments better understand their customers, and enhance gaming establishments' patron marketing activities. Other gaming establishments that recently signed agreements with GCA are: 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 960 gaming properties and other clients in the United States, the United Kingdom, Switzerland, 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, point-of-sale (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 press 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: Global Cash Access, Inc.
Investors:
Harry C. Hagerty, 702-262-5003
hhagerty@gcamail.com
or
Katcher Vaughn & Bailey
Media:
Kristi Gooden, 615-248-8202
kgooden@kvbpr.com
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