December 25, 2014 6:21 PM ET

Electronic Equipment, Instruments and Components

Company Overview of Global Cash Access, Inc.

Company Overview

Global Cash Access, Inc. provides cash access products and related services for the gaming industry in the United States and internationally. It offers kiosks that include CXC 4.0, a cash access and cash handling solution; CXC 2.0 Lite, a multi-function kiosk; JackpotXchange that automates jackpot payments; Xchange Explorer Plus, a reporting tool; TableXchange, a device that connects table games to a casino’s existing TITO network; and player loyalty and TITO interface, a gaming payment solution. The company also provides Quik Cash Plus (QCP) and QCPXpress platform, which processes PIN debit cash advance, credit card cash advance, check warranty and check verification transactions, and money...

7250 South Tenaya Way

Suite 100

Las Vegas, NV 89113

United States

Founded in 1956





Key Executives for Global Cash Access, Inc.

Chief Executive Officer
Age: 43
Chief Financial Officer and Executive Vice President
Age: 51
Chief Information Officer and Executive Vice President
Age: 51
Executive Vice President
Age: 51
Executive Vice President of Client Operations
Age: 55
Compensation as of Fiscal Year 2014.

Global Cash Access, Inc. Key Developments

Global Cash Access, Inc. Announces Private Offering of $350.0 Million of Senior Secured Notes and $350.0 Million of Senior Unsecured Notes

Global Cash Access Holdings, Inc. announced that Global Cash Access, Inc. intends, subject to market and other conditions, to offer $350.0 million of senior secured notes due 2021 and $350.0 million of senior unsecured notes due 2022 in a private offering. GCA intends to use the net proceeds of the notes offering, together with borrowings under a new $60.0 million, five-year senior secured revolving credit facility and a $500.0 million, six-year senior secured term loan, and cash on hand to finance its acquisition of Multimedia Games Holding Company, Inc. including the repayment of certain indebtedness of GCA and Multimedia Games and to pay related fees and expenses. The notes are initially expected to be issued by the Movie Escrow, Inc. Upon consummation of the Multimedia Games Acquisition, the notes will be assumed by the company and guaranteed on a senior basis by GCA and certain of its subsidiaries. The secured notes will be secured by liens on the same collateral that secures indebtedness under the revolving credit facility and the term loan. The notes will not be registered under the Securities Act of 1933 or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The Notes will be offered only to qualified institutional buyers in accordance with Rule 144A and to non-U.S. Persons under Regulation S under the Securities Act.

Global Cash Access, Inc. Extends Business Relationship with Foxwoods Resort Casino

Global Cash Access, Inc. (GCA) announced that it has signed a long-term, five year contract renewal with one of its top customers, Foxwoods Resort Casino, and will begin to deploy its kiosks at Foxwoods as part of its cash-to-floor solutions. GCA's integrated kiosk platform is a full-service solution for ticket redemption, bill breaking and cash access services. Using GCA's patented ATM 3-in-1 rollover technology, GCA's integrated kiosk platform delivers superior feature functionality and ease in delivering increased cash to the casino floor and profitability to GCA's customers.

Scott Betts Resigns from Board of Directors of Global Cash Access Holdings, Inc. and Global Cash Access, Inc

On March 31, 2014, Scott Betts resigned from the Board of Directors of Global Cash Access Holdings, Inc. and Global Cash Access, Inc. Since his retirement as the company's CEO, Mr. Betts has remained on the Board to help with the successful transition of the company's leadership, which is now complete. Mr. Betts served as a member of the Company's Board of Directors since October 2007 and served as the Company's Chief Executive Officer from October 2007 until December 2012.

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