LAS VEGAS, Sept. 19, 2013 (GLOBE NEWSWIRE) -- Global Cash Access, Inc. ("GCA"), a wholly owned subsidiary of Global Cash Access, Holdings, Inc. (NYSE:GCA), announced today it will unveil new redemption kiosks, cash access products, a new channel partnership with TransCard and payment gaming solutions at the Global Gaming Expo ("G2E") next week in Las Vegas, Nevada. New innovations include Everi™, a comprehensive solution dedicated to securely facilitating payments and promoting brand loyalty for online gaming, and QuikTicket™, a new product feature delivering significant cashless gaming value. Various other products include Xchange Recycler™, XchangeLite™, TableXchange®, Xchange Explorer Plus®, Cash Club®, a newly designed Central Credit®, Casino Direct Plus®, and more. GCA will be exhibiting at Booth #3754.
"With diverse and compelling gaming payment products, GCA continues to demonstrate its commitment to providing exceptional value to the customer in an evolving and dynamic gaming-payments environment," commented David Lopez, Chief Executive Officer of GCA. Lopez added, "Our G2E lineup features a variety of fully integrated solutions leveraging existing systems to create synergies in both the brick-and-mortar and online worlds. We continue to invest in new technology and foster strategic partnerships with the goal of creating more convenient and sophisticated funding mechanisms to support the increasing complex needs of our customers. We are confident this proactive approach to development and partnerships will be very apparent at the show."
GCA will showcase the following products at G2E:
Everi™, an innovative payments and monetization solution that bridges the payments gap between land-based and online gaming, integrating with GCA's extensive network of kiosks and land-based operations. As part of the Everi offering, GCA provides the back office services to satisfy the financial and gaming regulatory requirements for gaming operators. The Everi product suite includes Everi Payments, a straight through payment wall, Everi Digital Wallet, a funds management system and payments solution and Everi Productivity Suite, a comprehensive set of tools for increasing revenue through player monetization and customizable offer engines. All products in the Everi suite provide modular feature implementation, which allows operators to choose from a wide range of customizable options.
Xchange® Kiosks, GCA's multi-functional suite of full service kiosks provide best-in-class cash handling technology, cash access, back office reporting tools and marketing services. Designed for casinos of all sizes, the Xchange product line provides comprehensive self-service solutions including, but not limited to, ATM, Credit and point-of-sale Debit financial services, bill break, ticket redemption, patron point and comp redemption, marketing services and check-cashing. With a combination of multiple TITO interfaces, high capacity components, and marketing peripherals, Xchange's fast and reliable cash access offers a multitude of options for both operators and patrons.
QuikTicket™, GCA's "Cashless Gaming" solution provides patrons the option of a TITO ticket or cash when completing cash access transactions at Xchange kiosks. Requiring no special cards or processes, QuikTicket uses current TITO technology that is trusted, intuitive and easy for players to understand. With GCA's patented 3-in-1 Rollover technology, QuikTicket integrates with the cashless floor and improves the patrons experience by providing higher limits and eliminating wait times at the cage. Combined with the CXC 4.0 kiosks, QuikTicket reduces handling costs and facilitates the velocity of gaming for our casinos operators.
TableXchange® is an innovative device that integrates with the QuikTicket product, and available through a strategic alliance with FutureLogic. This product is designed to enable table game players a convenient buy-in with a TITO ticket and cash out with a TITO ticket, which is redeemable at an Xchange kiosk for cash. By connecting table games to a casino's existing TITO network, TableXchange allows for scanning and printing of TITO vouchers. This creates a common currency across the casino that promotes crossover play between slots and tables. Like QuikTicket, TableXchange further streamlines casino operations by virtually eliminating the need to replenish chips at table games, which improves the patrons' experience by eliminating game downtime. TableXchange removes the risk of counterfeiting at the table game or cashier cage and reduces operating expenses by minimizing cash handling, along with fills and credits at the table game.
TransCard Prepaid and Loyalty Channel Partnership, GCA is excited to announce a channel partnership with TransCard which will enable prepaid programs to be associated with various casino loyalty programs. This relationship will offer creative loyalty redemption products that can be used with either a gift or a reloadable prepaid card exclusively at the Casino property or in an open loop environment. This card product will interface with GCA's suite of cash access services including the industry leading full service Xchange kiosks. TransCard and GCA plan to distribute, activate and dispense gift & loyalty cards through an innovative new self-service kiosk.
Xchange Explorer Plus® delivers real-time, web-based event reporting for both financial and gaming transactions, including QuikTicket and TableXchange. This back-office solution allows operators to view critical operational metrics via robust reporting tools all on a single vertically integrated user interface.
Cash Club®, the next evolution of QCPXpress, streamlines the processing of PIN Debit Cash Advance, Credit Card Cash Advance, Check Warranty and Check Verifications services – and now Central Credit – all from a single dashboard interface. This sleek new interface is faster and more intuitive, allowing for greater customization, more detailed reporting and improved in-house management.
Central Credit®, the only credit bureau exclusively focused on gaming patrons will also reveal a fresh new interface with a user-friendly intuitive dashboard. The new interface is tightly integrated with GCA's cash access solutions including Cash Club.
Casino Direct Plus®, GCA's new international point-of-sale payment platform delivers a dynamic user interface for both the patron and casino employee. With kiosk and cashier interfaces, Casino Direct Plus supports local and international credit and debit networks, signature capture, PIN, EMV, NFC and dynamic currency conversion. Additionally, Casino Direct Plus provides robust reporting tools, allows for property customization, supports multiple languages and offers numerous marketing capabilities.
About TransCard
TransCard is considered a leader in prepaid debit card services. TransCard's network includes over 300 shopping mall locations, 275 financial institutions, and in addition TransCard also services global hospitality and retail companies. As both a processor and a program manager, TransCard's clients enjoy the benefits of working directly with a company that is driving the transactions and managing the data. This speeds up changes, increases success in implementation and allows for maximum flexibility. More information is available at TransCard's website at www.transcard.com.
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 operators 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, enhance patron loyalty activities for gaming establishments, and facilitate online payments. 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 and can be found on the Company's social media sites: Facebook, Twitter, and YouTube.
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 currently offered or in development 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 alliances, partners and 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.
CONTACT: GCA Communications:
Scott Dowty
702.262.5053
sdowty@gcamail.com
