First Casino Scheduled to Open on Macau’s Cotai Strip Will Use GCA‘s Full Suite of Services
Las Vegas – 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.