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Tag Archives: Global Cash Access

US – Everi votes to remove President and CEO Ram Chary

Everi Holdings, the gaming entity to be formed by the merger of Global Cash Access and Multimedia Games, has replaced its CEO with a long-time board member whilst it looks for a permanent replacement is found. Current Director, Michael Rumbolz, will take on the role of Interim President and Chief Executive Officer. The Board has formed…

US – Everi launches as new casino brand for GCA

Everi, a bold new brand name for the casino industry, has now officially launched with senior management and Board members of Everi Holdings joining the company’s larger-than-life mascot, The Money Man, at the New York Stock Exchange to ring the NYSE Opening Bell. The new Everi Holdings, formerly Global Cash Access Holdings, “Powers the Casino…

US – GCA secures slot and payment solution deal at Scarlet Pearl

Global Cash Access has secured placement of a suite of its electronic gaming machines and payments solutions with the Scarlet Pearl Casino Resort in D’Iberville, Mississippi, which is scheduled to open at the end of this year. The initial agreement includes the sale and placement of multiple slot machine banks, including the Company’s revolutionary TournEvent…

US – Global Cash Access re-branding to Everi

Having successfully integrated the Multimedia Games brand, Global Cash Access Holdings, will now change to Everi Holdings Inc. effective August 24, 2015. The organisation-wide rebranding, together with the Company’s new logo and new corporate name, reflect the Company’s successful transition to a full-service casino gaming equipment and payment solutions provider focusing on a broad range…

US – AGA welcomes eleven new members

On the heels of a significant shift in its membership and governance structure, the American Gaming Association (AGA) has welcomed five new board members: The Cordish Company, The Cosmopolitan of Las Vegas, Global Cash Access, Novomatic and Vantiv Gaming Solutions. The AGA also added six general members: Casino City Press, Fantini Research, FPL Advisory Group,…

US – Growing GCA to leverage revenue from Multimedia buy out

Global Cash Access will use the recently bought Multimedia Games to improve on its growth in 2014, which saw revenue grow by eight per cent to US$152.1m for the year. The acquisition of Multimedia Games in December saw GCA’s operating income drop from $11.2m in 2013 to just $400,000 by the end of 2014. Ram…

US – Global Cash Access completes Multimedia acquisition

Global Cash Access has completed the acquisition of Multimedia Games Holding Company. This transformational combination creates a uniquely diverse organisation that will leverage cash access and compliance solutions with leading slot gaming experiences to enhance the full enterprise value proposition to casino operators. “This marks a great milestone as two organisations, with differentiated product and…

US – Global Cash Access to acquire Multimedia Games

Global Cash Access Holdings and Multimedia Games Holding have entered into a merger agreement whereby GCA has agreed to acquire all the outstanding common stock of Multimedia Games for $36.50per share, for an aggregate purchase price of approximately $1.2bn in cash. The transaction has been unanimously approved by the boards of directors of the two…

US – GameAccount Network to integrate Global Cash Access network

GameAccount Network and Global Cash Access have announced a strategic alliance to integrate GCA’s Everi suite of payment products into the GameAccount Network GameSTACK iGaming platform to offer gaming operators a secure, interactive platform and payments solution. GAN and GCA are combining their expertise to offer interactive solutions for online gaming and secure payments processing,…