LAS VEGAS, Aug. 6, 2013 (GLOBE NEWSWIRE) -- 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 it has signed new agreements with Graton Resort & Casino in Northern California to provide cash access services and its CXC 4.0 redemption kiosks. Managed by Station Casinos, Graton Resort & Casino is located in Sonoma County, California.
"With the scheduled opening of Graton Resort & Casino in the fourth quarter of 2013 and an anticipated 3,100 slot machines and 140 table games, we chose the industry's most robust and reliable cash access and kiosk solutions available. GCA has proven they are committed to providing best in class innovation, service and support and we look forward to expanding our strategic relationship with this important new opening," said Dan Roy, Senior Vice President of Corporate Operations for Station Casinos.
"I couldn't be more pleased with our expanded relationship and opportunity for GCA to prove once again that our strategy of providing a single point of accountability for cash access and cash handling products provides tremendous value to our customers. GCA has a long term and committed relationship with Station Casinos and we're eager to showcase our new kiosk technology and our enhanced core products," said David Lopez, President and Chief Executive Officer of GCA.
About Global Cash Access, Inc.
Las Vegas-based Global Cash Access, Inc. ("GCA"), a wholly owned subsidiary of Global Cash Access Holdings, Inc., 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 transactions, credit card 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 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 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, and our anticipated benefits of our long-term strategy and our ability to implement, 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.
GCA Communications: Scott Dowty 702.262.5035
