GCA
announces 20
new casino deals
December 19
In Las Vegas, a
company that rents cash
access machines built
with
automated-teller-machine
technology to casinos
has revealed that it has
signed or renewed some
20 different deals.
Global Cash Access,
which has approximately
960 agreements around
the world, revealed that
2 of the 20 new deals
are with Southern Nevada
casino properties. The 2
properties are the
Westward Ho and Jerry's
Nugget.
At this time, the d
etails
and terms of the deals
have not been specified
publicly.
Global Cash Access
provides credit and
debit cash advance
systems. Some of the
names of the machines
are TeleCheck Check
Guarantee, QuikCash Cash
Advance and Casino Cash
Plus 3-in-1 ATM.
In 2003, GCA
processed more than 60
million transactions on
its machines, generating
well over
$356 million in revenue.
The company is owned by
Summit Partners, M&C
International and Bank
of America.
Some of the properties
or companies that offer
these machines are Trump
Hotels and Casinos,
Mohegan Sun, Penn
National Gaming,
Caesar's Entertainment,
Mandalay Resort Group
and Foxwoods Resort and
Casino.