Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access solutions for the gaming industry, today announced a new multi-year contract with Fantasy Springs Resort Casino, where Cash Systems will provide it�s casinopc for cash advance services all-in-1 atm services, eCash checking services for check guarantee and full service booth operation. Fantasy Springs Resort Casino is located in Indio, California and provides a mix of nearly 2,000 slot machines, 40 table games featuring Mini-Baccarat, California Carps, 3 & 4 Card Poker, Pai Gow, Spanish 21 and Blackjack, state of the art off track betting, live poker room and bingo. The hotel offers 250 luxurious rooms, a 3 acre pool with Jacuzzi and tanning pool and over 50,000 square feet of convention space. Located on the property are 4 restaurants and the Grand Buffet. Fantasy Springs Resort Casino also offers some of the finest entertainment in the Palm Springs area through the 100,000 square foot entertainment venue featuring some of the hottest world renowned acts and groups. Located on top of the hotel is the Velvet Palm Night Club offering a variety of music and spectacular views. Recently added to Fantasy Springs Resort Casino is their 18 hole championship golf course featuring a layout that will challenge even the most serious golfers �Cash Systems showed us their interest in our property throughout the installation and launch of powercash. By bringing the rest of the financial services under one provider we know that it will only enhance the use of powercash by our patrons,� said Paul Ryan, General Manager, Fantasy Springs Resort Casino. Michael Rumbolz, Chairman and Chief Executive Officer of Cash Systems, said, "With this agreement in place, we will now be the full service provider for Fantasy Springs Resort Casino. By combining our basic financial services with the already established presence of powercash, we expect that the move to cashless transactions will continue it�s already steady growth pattern at the property. powercash includes patented technology that will change the way casino players access their funds for the purchase of credits on the casino floor. Once patrons have enrolled in the casino player�s club program with the Company's cashclub functionality they will be able to access funds to purchase credits from their desired credit, debit or checking accounts while sitting at the gaming device. Players will be able to request funds from the designated financial account, transfer those funds into their player�s club account and then transfer down to the gaming device the amount of credits that they want to use. Casino patrons will no longer have to worry about bringing cash to the casino with powercash. 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. 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. 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)
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