LAS VEGAS, Sept. 23, 2014 (GLOBE NEWSWIRE) -- Global Cash Access, Inc., a wholly-owned subsidiary of Global Cash Access, Holdings, Inc. (NYSE:GCA) and a global provider of cash-to-floor solutions and business intelligence services for gaming establishments, today announced that it has signed a long-term, five year contract renewal with one of its top customers, Foxwoods Resort Casino, and will begin to deploy its kiosks at Foxwoods as part of its cash-to-floor solutions.
"We are delighted to continue and expand our relationship with one of our premier customers, and are very pleased to have the opportunity to demonstrate to Foxwoods the value and benefits of our unique cash-to-floor solutions," remarked Debra Lee Massing, SVP of Sales at GCA.
GCA's integrated kiosk platform is a full-service solution for ticket redemption, bill breaking and cash access services. Using GCA's patented ATM 3-in-1 rollover technology, GCA's integrated kiosk platform delivers superior feature functionality and ease in delivering increased cash to the casino floor and profitability to GCA's customers.
"Since 2003, our partnership with GCA has not only improved our Cage operations, but it has allowed Foxwoods to best serve our guests using cutting-edge, user friendly technology," stated Felix Rappaport, Senior Vice President and Chief Operating Officer of Foxwoods.
GCA is a leading provider of fully integrated cash access solutions and related services to the gaming industry. GCA's products and services provide: (a) gaming establishment patrons access to cash through a variety of methods, including Automated Teller Machine ("ATM") cash withdrawals, credit card cash access transactions, point-of-sale ("POS") debit card transactions, check verification and warranty services and money transfers; (b) integrated cash access devices and related services, such as slot machine ticket redemption and jackpot kiosks to the gaming industry; (c) products and services that improve credit decision making, automate cashier operations and enhance patron marketing activities for gaming establishments; (d) compliance, audit and data solutions; and (e) online payment processing solutions for gaming operators in States that offer intra-state, Internet-based gaming and lottery activities. More information is available at GCA's website at www.gcainc.com.
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 strategy, products, services and solutions 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, services and solutions offered by GCA in combination with or through its affiliates, 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.
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Source:Global Cash Access, Inc.