11/19/09
LAS VEGAS-(BUSINESS WIRE)-Nov. 19, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access products and related marketing services to the gaming industry, today announced that the Company will be presenting at the Bank of America Merrill Lynch Credit Conference on Thursday, December 3, 2009 at The Crowne Plaza Hotel in New York, New York. The presentation will begin at 4:20pm EST. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean,...
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11/19/09
LAS VEGAS-(BUSINESS WIRE)-Nov. 19, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), and the Arizona Department of Gaming (the “Department”) have reached a settlement agreement allowing for GCA's state certification to be renewed. “We are very pleased to announce that after months of negotiations both parties signed an agreement on November 17, 2009 resolving these issues. We are thrilled that all licensing concerns in Arizona are now behind us,” said Scott Betts, President and Chief Executive Officer of Global Cash Access. As previously disclosed, the Department issued GCA a Notice of Intent to Deny State Certification on June 3, 2009. The Department agreed to renew GCA’s certification based on GCA’s significant ownership and personnel changes, implementation of updated policies and controls, pledge to have no further business relationships with individuals and companies involved in the underpayment of interchange fees, new management’s full cooperation with the Department’s...
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11/13/09
LAS VEGAS-(BUSINESS WIRE)-Nov. 13, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access products and related marketing services to the gaming industry, today announced that the Company will be presenting at the Deutsche Bank Gaming Investment Forum on Monday, November 16, 2009 at the Las Vegas Convention Center in Las Vegas, NV. The presentation will begin at 2:30pm PST. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central...
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11/04/09
Global Cash Access Reports Third Quarter 2009 Results Agreement in principle to settle Arizona licensing issue Renews and extends Foxwoods and Mohegan Sun relationships Settles USA Payments litigation and Electronic Fund Transfer Act class action Cash EPS, $0.18 per share, up 6% LAS VEGAS-(BUSINESS WIRE)-Nov. 4, 2009- Global Cash Access Holdings, Inc. (the “Company”) (NYSE:GCA) today announced financial results for the quarter ended September 30, 2009. Fiscal Third Quarter 2009 Results For the quarter ended September 30, 2009, revenues were $164.3 million, a decrease of 11% over the $185.1 million in revenues recorded in the same quarter last year. Operating income was $17.5 million, a decrease of 18% over the $21.3 million recognized in the prior year’s third quarter. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) (see Non-GAAP Financial Information below) was $21.7 million, a decrease of 17% compared to the same period in the prior year’s third quarter....
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10/28/09
LAS VEGAS-(BUSINESS WIRE)-Oct. 28, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access products and related marketing services to the gaming industry, today announced that it will conduct a conference call to discuss its third quarter 2009 financial results. Conference Call Details - Date: Wednesday, November 4, 2009 Time: 5:00 p.m. (Eastern Time) US/Canada Dial-In: 866-730-5771 International Dial-In: 857-350-1595 Passcode: 99180477 Webcast Details - The call will be webcast at www.gcainc.com in the Investor Relations section. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com . Institutional investors can access the call via www.streetevents.com , a password-protected event management site. Replay Details - US/Canada Dial-In: 888-286-8010 International Dial-In: 617-801-6888 Passcode: 64976997 About Global Cash Access Holdings, Inc. Las...
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09/24/09
LAS VEGAS-(BUSINESS WIRE)-Sep. 24, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced that the Company will be presenting at the Deutsche Bank Leveraged Finance Conference on Wednesday, September 30, 2009 at The Phoenician in Scottsdale, AZ. The presentation will begin at 4:30pm ET. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 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...
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08/24/09
LAS VEGAS-(BUSINESS WIRE)-Aug. 24, 2009- Global Cash Access, Inc. (“GCA”), a wholly owned subsidiary of Global Cash Access Holdings, Inc. (“Holdings”) (NYSE:GCA), today announced that it has executed a Processing Services Agreement with TSYS Acquiring Solutions (“TSYS”). GCA will use TSYS’ processing services to connect with card associations and electronic funds transfer networks to complete ATM cash withdrawals, credit card cash advances and POS debit card transactions initiated by the patrons of GCA’s casino customers. TSYS will provide processing services for the majority of GCA’s world-wide operations. “TSYS’ provision of our processing services will provide GCA with the sophisticated processing platform capabilities we need to support our customers as well as ongoing technology innovations. We are very excited about these new products and believe that they will help gaming operators lowers costs, improve the players’ experiences, and yield greater efficiencies to our casino...
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08/04/09
LAS VEGAS-(BUSINESS WIRE)-Aug. 4, 2009- Global Cash Access Holdings, Inc. (the “Company”) (NYSE: GCA) today announced financial results for the quarter ended June 30, 2009 as well as its entry into an agreement to acquire Western Money Systems (“WMS”). Fiscal Second Quarter 2009 Results For the quarter ended June 30, 2009, revenues were $173.0 million, an increase of 3.7% over the $166.8 million in revenues recorded in the same quarter last year. Operating income was $19.3 million, a decrease of 6.3% over the $20.6 million recognized in the prior year’s second quarter. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) (see Non-GAAP Financial Information below) was $23.8 million, approximately the same as in the prior year’s second quarter. Income from continuing operations in the second quarter of 2009 was $9.1 million, up 8.4% from the second quarter of 2008. Diluted earnings per share from continuing operations were $0.12 in the second quarter of 2009 (on 79...
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07/27/09
LAS VEGAS-(BUSINESS WIRE)-Jul. 27, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access products and related marketing services to the gaming industry, today announced that it will conduct a conference call to discuss its second quarter 2009 financial results. Conference Call Details Date: Tuesday, August 4, 2009 Time: 5:00 p.m. (Eastern Time) US/Canada Dial-In: 866-510-0704 International Dial-In: 617-597-5362 Passcode: 61184897 Webcast Details The call will be webcast at www.gcainc.com in the Investor Relations section. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com. Institutional investors can access the call via www.streetevents.com, a password-protected event management site. Replay Details US/Canada Dial-In: 888-286-8010 International Dial-In: 617-801-6888 Passcode: 41093341 About Global Cash Access Holdings, Inc. Las Vegas-based Global...
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06/24/09
LAS VEGAS, Jun 24, 2009 (BUSINESS WIRE) - Global Cash Access Holdings, Inc. (NYSE:GCA) today announced that it has repurchased 5,785,602 shares of its common stock from one of its founders, Robert Cucinotta, at a per share price of $6.25 and an aggregate price of $36,160,012.50. The repurchase was a private transaction and was funded with existing cash resources. The repurchase was separately approved by the Board of Directors subsequent to the previously-announced authorization to repurchase up to $25 million shares of common stock. The Company today also announced that it is sending written notice to one of its founders, Karim Maskatiya, of the Company's redemption of 6,652,475 shares of its common stock from Mr. Maskatiya pursuant to the provisions of the Company's certificate of incorporation that provide the Company with the right to redeem shares of its common stock that are owned by stockholders that are found to be unsuitable stockholders for gaming regulatory purposes. The...
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06/16/09
LAS VEGAS-(BUSINESS WIRE)-Jun. 16, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced that the Company will be presenting at the 19 th Annual Wachovia Equity Mid-Year Conference on Wednesday, June 24, 2009 at the Intercontinental Hotel in Boston, MA. The presentation will begin at 2:30pm EDT. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 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...
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06/15/09
LAS VEGAS-(BUSINESS WIRE)-Jun. 15, 2009- Global Cash Access Holdings, Inc. (the “Company”) (NYSE:GCA), the gaming industry’s payments leader, today announced that the United States District Court, District of Nevada, has dismissed with prejudice as to all defendants the derivative action originally filed on December 12, 2007. The derivative action was commenced by a stockholder on behalf of the Company against certain of the Company’s current and former directors and the Company’s former chief executive officer and former chief financial officer. The plaintiffs have a right to file an appeal the court’s decision. About Global Cash Access Holdings, Inc. Las Vegas-based Global Cash Access, Inc. (“GCA”), a wholly owned subsidiary of the Company, is a leading provider of cash access products and related services to over 1,100 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...
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05/13/09
LAS VEGAS-(BUSINESS WIRE)-May. 13, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced that the Company will be presenting at the JP Morgan 37th Annual Global Technology, Media and Telecom Conference on Wednesday, May 20, 2009 at the Westin Boston Waterfront in Boston, MA. The presentation will begin at 1:20pm EDT. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central America and Asia. GCA's products and services provide gaming...
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05/06/09
LAS VEGAS-(BUSINESS WIRE)-May. 6, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced financial results for the quarter ended March 31, 2009. Fiscal First Quarter 2009 Results For the quarter ended March 31, 2009, revenues were $181.7 million, an increase of 26.6% over the $143.5 million in revenues recorded in the same quarter last year. Operating income was $19.3 million, an increase of 5% over the $18.3 million recognized in the prior year’s first quarter. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) (see Non-GAAP Financial Information below) increased to $24.0 million from $21.5 million in the same quarter last year, an 11.6% increase. Income from continuing operations in the first quarter of 2009 was $9.1 million, up 49% from the first quarter of 2008. Diluted earnings per share from continuing operations were $0.12 in the first quarter of 2009 (on 77.4 million diluted shares) as compared to $0.08 in the first quarter of...
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04/22/09
LAS VEGAS-(BUSINESS WIRE)-Apr. 22, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access systems and related marketing services to the gaming industry, today announced that it will conduct a conference call to discuss its first quarter 2009 financial results. Conference Call Details Date: Wednesday, May 6, 2009 Time: 5:00 p.m. (Eastern Time) US/Canada Dial-In: 800-299-0148 International Dial-In: 617-801-9711 Passcode: 43092360 Webcast Details The call will be webcast at www.gcainc.com in the Investor Relations section. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com. Institutional investors can access the call via www.streetevents.com, a password-protected event management site. Replay Details US/Canada Dial-In: 888-286-8010 International Dial-In: 617-801-6888 Passcode: 64179179...
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04/20/09
LAS VEGAS-(BUSINESS WIRE)-Apr. 20, 2009- Global Cash Access Holdings, Inc. (NYSE: GCA), Global Cash Access, Inc. (GCA), the gaming industry’s payments leader, has announced it has renewed a multi-year agreement with Station Casinos, Inc., one of the largest gaming operators in the U.S. GCA will continue to provide its full suite of products and services at 15 of Station Casinos’ gaming establishments, including the newly opened Alliante Station. GCA provides more than 1,100 gaming operators with a range of cash access products and information services that help patrons gain more convenient access to funds and help gaming operators increase efficiencies in their cash access needs while better attracting, serving, and retaining patrons. Under the agreement, Station Casinos’ locations will continue to utilize QuikCash™ cash advance terminals, QuikCash Plus™ (QCP) Web and Casino Cash Plus ® 3-in-1 ATMs, which offers patrons a quick way to access cash through ATM cash withdrawals,...
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02/27/09
LAS VEGAS-(BUSINESS WIRE)-Feb. 17, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA), a leading supplier of cash access systems and related marketing services to the gaming industry, today announced that it will conduct a conference call to discuss its fourth quarter and full year 2008 financial results. Conference Call Details Date: Thursday, February 26th Time: 5:00 p.m. (Eastern Time) US/Canada Dial-In: 866-804-6920 International Dial-In: 857-350-1666 Passcode: 74177323 Webcast Details The call will be webcast at www.gcainc.com in the Investor Relations section. The webcast is also being distributed through the Thomson StreetEvents Network. Individual investors can listen to the call at www.earnings.com. Institutional investors can access the call via www.streetevents.com, a password-protected event management site. Replay Details US/Canada Dial-In: 888-286-8010 International Dial-In: 617-801-6888...
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02/26/09
LAS VEGAS-(BUSINESS WIRE)-Feb. 26, 2009- Global Cash Access Holdings, Inc. (NYSE:GCA) (the “Company”) today announced preliminary, unaudited financial results for the quarter and fiscal year ended December 31, 2008. Fiscal Fourth Quarter 2008 Results For the quarter ended December 31, 2008, revenues were $176.3 million, an increase of 23.1% over the $143.2 million in revenues recorded in the same quarter last year. Operating income was $18.5 million, an increase of 40.6% over the $13.1 million recognized in the prior year. Earnings before interest, taxes, depreciation and amortization (“EBITDA”) (see Non-GAAP Financial Information below) increased to $23.2 million from $16.2 million, a 43.2% increase. Net income in the fourth quarter of 2008 was $4.6 million, up 140.0% from the fourth quarter of 2007. Diluted earnings per share from Continuing Operations were $0.06 in the fourth quarter of 2008 (on 76.8 million diluted shares) as compared to $0.04 in the fourth quarter of 2007 (on...
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02/06/09
LAS VEGAS-(BUSINESS WIRE)- Global Cash Access Holdings, Inc. (NYSE:GCA) today announced that the Company will be presenting at the Deutsche Bank 2009 Small & Mid Cap Conference on Tuesday, February 10, 2009 at the Ritz Carlton in Naples, FL. The presentation will begin at 2:00pm EST. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company’s website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean and Asia. GCA's products and services provide gaming patrons access to cash through a variety of methods, including ATM cash...
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01/27/09
LAS VEGAS-(BUSINESS WIRE)-Jan. 27, 2009-Global Cash Access Holdings, Inc. (NYSE:GCA) today announced that the Company will be presenting at the JP Morgan Global High Yield & Leveraged Finance Conference on Wednesday, February 4, 2009 at the Loews Hotel in Miami, FL. The presentation will begin at 11:00am EST. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company's website at www.gcainc.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, 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 over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean and Asia. GCA's products and services provide gaming patrons access to cash through a variety of methods,...
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01/08/09
LAS VEGAS-(BUSINESS WIRE)-Jan. 8, 2009-Global Cash Access Holdings, Inc. (NYSE:GCA) today announced that the Company will be presenting at the 11 th Annual ICR XChange Conference on Wednesday, January 14, 2009 at the St. Regis Monarch Resort in Dana Point, CA. The presentation will begin at 2:15pm PST. Investors and interested parties may listen to the live audio webcast of this presentation by visiting the Company's website at www.GlobalCashAccess.com at the appropriate time. A replay of the webcast will be available following the conclusion of the presentation. About Global Cash Access Holdings, Inc. Las Vegas-based Global Cash Access, Inc. ("GCA"), a wholly owned subsidiary of Global Cash Access Holdings, Inc. GCA is a leading provider of cash access products and related services to over 1,100 casinos and other gaming properties in the United States, Europe, Canada, the Caribbean and Asia. GCA's products and services provide gaming patrons access to cash through a variety of...
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