The Venetian Macao Engages Global Cash Access to Provide
State-of-the-Art Cash Access Services
First Casino Scheduled to Open on Macau’s
Cotai Strip Will Use GCA’s Full Suite of
Services
LAS VEGAS (Business Wire EON/PRWEB ) July 25, 2007 --
GCA (Macau) S.A., a subsidiary of Global Cash Access Holdings, Inc.
(NYSE: GCA), will provide state-of-the-art cash access services to The
Venetian Macao Resort-Hotel, a Las Vegas Sands Corp. property.
GCA, the gaming industry’s leading provider of
cash access services, supplies over 1,000 casinos and other gaming
properties worldwide with products and services that help patrons gain
more convenient access to cash – and enable
gaming operators to improve operations and better serve, understand,
attract and retain customers.
The Venetian Macao is scheduled to be the first casino resort hotel to
open on the Cotai Strip and will be one of the largest buildings in
Asia. When completed, it is expected to occupy 10.5 million square feet
and to have approximately 3,000 rooms, 7,000 slot machines, 850 gaming
tables and 1 million square feet of retail space, according to Venetian
Macao materials.
Said GCA’s CEO, Kirk Sanford, “We’re
delighted to help The Venetian Macao give its customers convenient
access to cash – and help the casino itself
operate more effectively and profitably. Because The Venetian Macao is
using many integrated GCA services, it will be able to focus on the
patron experience and leave details related to cash access to us.”
GCA will provide The Venetian Macao with efficient credit card cash
advance and debit card withdrawal transactions for patrons –
from GCA’s in-casino QuikCash kiosks, as well
as from cashiers and via mobile devices. GCA will also add its patented
3-in-1 ATM functionality to automated slot redemption kiosks provided by
NRT Corporation. Casino personnel will benefit from GCA’s
QuikCashPlus Web browser, which streamlines transactions and improves
customer service. The Venetian Macao will also utilize Central Credit, a
proprietary database of gaming patron credit history and transaction
data designed to help casinos improve their own credit-making decisions.
The agreement with The Venetian Macao is the newest step in GCA’s
global expansion strategy. Earlier this year, GCA opened a full-time
office and product demonstration facility in Macau and late last year,
GCA entered its first agreement to provide cash access services to
another of Macau’s leading gaming operators.
“Casinos recognize that they need more than
just convenient access to cash for their customers. They require a suite
of services that make the gaming experience seamless and convenient for
everyone, including casino management and employees. That’s
why we design our services to promote cage efficiencies, help the gaming
operator understand its customers and, overall, enhance operational
effectiveness,” said Scott Dowty, GCA’s
senior vice president in charge of international business.
About GCA (Macau), S.A.
GCA (Macau), S.A. is wholly owned subsidiary of Global Cash Access
Holdings, Inc. (NYSE: GCA), which is the world's leading provider of
cash access and related services to the gaming industry. Based in Las
Vegas, GCA serves over 1,100 casinos and other clients in the U.S.,
Canada, Europe, the Caribbean and Asia. With a singular focus on the
worldwide casino industry, GCA provides proprietary technology that
helps responsible patrons access cash via ATM, debit card, check cashing
and credit card cash advance transactions for their gaming
entertainment. GCA also provides services that enhance casino marketing
initiatives and credit management through its wholly-owned subsidiary
Central Credit, a credit decision-making tool that uses proprietary
credit bureau databases. GCA is recognized with numerous gaming industry
awards for developing technologies and services that enhance casino
profitability and customer loyalty. www.globalcashaccess.com.
Forward Looking Statements
The statements contained in this press release that are not purely
historical are forward-looking statements. Such forward-looking
statements include, but are not limited to, any statement or implication
that the gaming establishment named in this press release will continue
to use the products or services described in this press release. Such
forward-looking statements involve risks and uncertainties that, if
realized, could cause actual results to differ materially from those
contemplated by the forward-looking statements. These risks and
uncertainties include, but are not limited to, (a) the termination of
one or more of the contracts with the gaming establishment described in
this press release, (b) changes in regulations governing our business in
the country discussed in this press release, (c) the commencement of
business of the gaming established discussed in this press release in
the time period and with the facilities described herein, and (d)
the risk factors discussed from time to time in reports filed by Global
Cash Access Holdings, Inc. with the SEC. The forward-looking statements
contained in this press release se are made as of the date hereof, and
Global Cash Access Holdings, Inc. does not intend, and undertakes no
obligation to, update any of the forward-looking statements made herein
except as required by law.
See the original story at: http://eon.businesswire.com/releases/access/venetian_macao/prweb542458.htm
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