The deal is to close in July
Global Cash Access acquiring Cash Systems for us$ 33 million
2008-06-19
Reading time 16 seg
Cash Systems shareholders will receive 50 cents per share in cash, a 4 percent premium over Friday’s closing price of 48 cents.
Global Cash Access will add about 120 new customers through the acquisition of Cash Systems, which provides cash access services for the retail and gaming industries.
The acquisition will increase Global Cash Access’ operating income in 2009 and te deal is expected to close in July.
Leave your comment
RELATED NEWS
New multi-channel effort
FanDuel Casino unveils new ‘Calling All Thrillionaires’ brand campaign
Taking place July 14–16
Aristocrat to showcase four world premieres at OIGA 2025
Expands responsible gaming offerings
DraftKings rolls out My Budget Builder to help players set personalized gaming limits
COMPANIES
Running June to August
Stretch Network unveils €1.3 million Summer Poker League
3-reel, 5-line slot game
Platipus Gaming launches new fruit-themed title Juicy Sevens Jackpot
Operating expenses fall 17% to $23.74M
Rivalry reports lower net loss at $16.52 million in 2024 amid strategic overhaul
Classic gameplay with modern twist
3 Oaks Gaming expands Hold & Win slot collection with 777 Fruity Coins launch
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
MAGAZINES
EVENTS
To address regulation, black market and more
Gaming in Germany Conference set for November 11 edition in Berlin
15,000 professionals expected
iGB L!VE opens at its new ExCel London home with goal of breaking 2024's attendance record
Covering payments, tech and compliance
SBC Summit 2025 to explore iGaming innovation through new Technology Stage
New tracks address regional strategies
SBC Summit adds Global and Emerging Markets stages to meet expanding international interest
EVENTS CALENDAR
Highlighted
iGB Live! 2025 London
Highlighted
SBC Summit Lisbon 2025
Highlighted
G2E LAs Vegas - Global Gaming Expo
Highlighted
IAGR 2025 The International Association of Gaming Regulators
Highlighted
Gaming in Germany 2025
Highlighted
GAT Expo Santo Domingo 2025
NOV 12th 25 / NOV 13th 25
Live Event Renaissance Jaragua Hotel y Casino, Santo Domingo, República Dominicana
Highlighted
BEGE 2025 Balkan Entertainment and Gaming Exhibition
Highlighted
