Cash Systems, Inc. Announces New Contracts
September 08 2005 - 10:50AM
Business Wire
Cash Systems, Inc. (Amex: CKN), a provider of cash access solutions
for the gaming industry, today announced a new contract with the
Creek Nation of Oklahoma, which operates eight gaming locations
throughout the state, including the Creek Nation Casino in Tulsa.
Cash Systems will provide all eight locations with check cashing,
ATM and cash advance services, as well as the All-In-1 ATM product,
which offers an array of cash services such as debit card
withdrawals and credit card cash advance at the point of sale.
Creek Nation Casino in Tulsa services over 300,000 visitors per
year and provides over 1,100 Class-II casino games. Upon the
completion of a $4.6 million expansion and renovation project, the
casino's total size will be 81,000 square feet, and will
incorporate a VIP Lounge, upgraded VIP high stakes gaming room, new
food and beverage area, entertainment stage and improved parking.
The increased floor space also allows for approximately 400
additional gaming machines as well as room for Blackjack and Poker
tables. The Company also announced a new contract with Normandie
Casino, a card club located in Gardena, California. Cash Systems
will provide ATM and cash advance services, as well as the All-In-1
ATM product. Michael Rumbolz, Chairman and Chief Executive Officer
of Cash Systems stated, "Today's announcement reflects our
increasing presence in established markets like Oklahoma, as well
as further expansion into new markets such as the card clubs. We
look forward to working with the Creek Nation and Normandie
Casino." About Cash Systems, Inc. Cash Systems, Inc., located in
Minneapolis and Las Vegas, 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 10-KSB and 10-QSB. 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.
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