Global Cash Access, Inc. ("GCA"), a wholly owned subsidiary of Global Cash Access, Holdings, Inc. (NYSE: GCA) and a global provider of innovative cash access, cash handling solutions and business intelligence services for gaming establishments, today announced that it has signed agreements with Station Casinos LLC (“Station Casinos”, “Station”) to provide redemption kiosks, software and maintenance.
"Station Casinos is always seeking ways to improve our guests’ gaming experience, while maximizing both operational efficiencies and flexibility for growth. With GCA’s CXC4.0 kiosk platform, we can both maximize our existing business and integrate traditional businesses with emerging markets, while comforted by GCA's commitment to the industry’s finest service and support," said Dan Roy, Senior Vice President of Gaming Operations for Station Casinos.
"We, at GCA, are so excited to extend our existing relationship with Station Casinos by providing our CXC4.0 redemption kiosks for all major Station properties. We look forward to improving operational efficiencies at the property level and continuing our relationship with this important customer," said David Lopez, President and Chief Executive Officer of GCA.
About Global Cash Access, Inc.
GCA is a leading provider of cash access products and related services to approximately 1,000 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central America and Asia. GCA's products and services provide gaming patrons access to cash through a variety of methods, including ATM cash withdrawals, point-of-sale debit card and credit card cash access transactions, check verification and warranty services, and Western Union money transfers. GCA is a leading manufacturer and distributor of cash handling devices and related software. GCA also provides products and services that improve credit decision-making, automate cashier operations and enhance patron loyalty 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 patron loyalty. More information is available at GCA's website at www.gcainc.com.
About Station Casinos
Since 1976, Station Casinos LLC has been the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station's properties, which are located throughout the Las Vegas Valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings, such as video poker, slot machines, table games, bingo and race and sports wagering. Station owns and operates Red Rock Resort, Palace Station, Boulder Station, Sunset Station, Green Valley Ranch Resort, Santa Fe Station, Texas Station, Fiesta Rancho, Fiesta Henderson, Wildfire Rancho, Wildfire Boulder, Wild Wild West and Wildfire Sunset. Station also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Lanes and Casino and The Greens. In addition, Station owns a 50% interest in MPM Enterprises, LLC, which is the manager of the Gun Lake Casino in southwestern Michigan.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Important factors that may cause actual events or results to differ materially from those anticipated by such forward-looking statements include, without limitation, statements regarding GCA's product and innovation strategy, the CXC. 4.0 and other products and services offered by GCA and its affiliates, the competitive position of GCA and the expectations of its customers, the anticipated commercial and economic benefits of the products and services offered by GCA in combination with or through its affiliates, the expected growth of GCA's international business in existing and new gaming jurisdictions, the anticipated and continuing commercial and economic value of CSI, and our anticipated benefits of our long-term strategy and our ability to integrate and develop our technologies on an on-going basis. These forward-looking statements are not guarantees of future performance and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the results implied or contemplated by the forward-looking statements. These forward-looking statements are subject to the risks detailed in Global Cash Access Holdings, Inc.'s filings with the Securities and Exchange Commission, including the most recently filed Form 10-Q or 10-K, as applicable. GCA does not intend or assume any obligation to update any forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.