Cash Systems, Inc. Announces New Contract
25 January 2008 - 7:45AM
Business Wire
Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access
solutions for the gaming industry, today announced a new multi-year
contract with The Wildwood Casino where Cash Systems will provide
its full line of cash access services including all-in-1atm
services, casinopc for cash advance services, and ecash checking.
The Wildwood Casino will be the first new constructed casino to
open in Cripple Creek, Colorado since 2006. Located approximately
45 minutes from Colorado Springs, Colorado, the Wildwood Casino
will be the first casino encountered by visitors as they enter the
city of Cripple Creek. The property will encompass over 50,000 sq.
ft. with 25,000 sq. ft. dedicated to gaming. The one level casino
will have over 700 state-of-the-art slot machines with full ticket
in ticket out capability and 14 table games. The Wildwood Casino
will be the largest single level casino in the Cripple Creek
market. Wildwood Casino will also offer to their casino patrons an
upscale restaurant, Maverick�s, a casual caf�, Fireside Kitchen and
a bar/lounge with entertainment capability. The property is
complimented by a large covered parking area. Wildwood Casino will
offer hotel rooms at the near by Gold King Mountain Inn which
consists of 67 rooms complete with a spa, 25 meter pool and a fully
equipped gym and sauna. The Wildwood Gas Station and Mini-Market
will open at the same time as the Wildwood Casino giving the casino
an additional competitive edge in the Cripple Creek market place.
All three facilities are owned by the American Gaming Group, LLC,
which is affiliated with American Gaming Enterprises. Michael
Rumbolz, Chairman and Chief Executive Officer of Cash Systems said,
"We are very excited about our agreement with American Gaming Group
for the newest property in Cripple Creek, Wildwood Casino. We
believe that our selection as their provider reflects the
confidence they have in our product offerings, innovations and our
dedication to customer service.� Cash Systems all-in-1atm offers
patrons an ATM with multifunction capability. Patrons can select an
ATM cash withdrawal or select a POS Debit or Credit Card
transaction all from the same ATM. casinopc is an exclusive product
of Cash Systems that offers the full range of services for
processing and completing transactions at the casino cage, all
residing on one system. By having all the functionality on one
system, the casino cage experiences transactions at a much faster
pace, saving time and increasing customer satisfaction. ecash
checking is the quickest and most efficient check cashing and
guarantee product in the industry. Casino cage personnel experience
faster check cashing times with higher limits for casino patrons.
About Cash Systems, Inc. Cash Systems, Inc., located in Las Vegas,
with additional offices in San Diego and Minneapolis, is a provider
of cash-access and related services to the retail and gaming
industries. Cash Systems' products include its proprietary cash
advance systems, ATMs and check cashing solutions. Please visit
http://www.cashsystemsinc.com for more information. This press
release may contain forward-looking statements, including the
Company's beliefs about its business prospects and future results
of operations. These statements involve risks and uncertainties.
Among the important additional factors that could cause actual
results to differ materially from those forward-looking statements
are risks associated with the overall economic environment, the
successful execution of the Company's plan of operation, changes in
the Company's anticipated earnings, continuation of current
contracts, gaming and other applicable regulations, and other
factors detailed in the Company's filings with the Securities and
Exchange Commission, including its most recent Forms 10K and 10Q.
In addition, the factors underlying Company forecasts are dynamic
and subject to change and therefore those forecasts speak only as
of the date they are given. The Company does not undertake to
update any forecasts that it may make available to the investing
public.
Cash Systems (MM) (NASDAQ:CKNN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Cash Systems (MM) (NASDAQ:CKNN)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Cash Systems (MM) (NASDAQ): 0 recent articles
More Cash Systems, Inc. News Articles