Cash Systems, Inc. Announces New Contract
June 06 2007 - 11:27AM
Business Wire
Cash Systems, Inc. (NASDAQ: CKNN), a provider of cash access
solutions for the gaming industry, today announced a new multi-year
contract with the Marnell Sher Gaming Group for it�s recently
acquired Colorado Belle, Edgewater and Saddle West Casinos where
Cash Systems will provide it�s casinopc for cash advance services
and ecash checking for check guarantee services: Located in
Laughlin, Nevada, combined the Colorado Belle and Edgewater Casinos
operate in over 136,000 square feet of gaming space with over 2200
gaming devices, sports book as well as over 80 tables offering a
variety of games such as craps, Roulette, Let It Ride, Pai Gow
Poker, Caribbean Stud, poker and Blackjack. The Colorado Belle and
Edgewater Casinos offer complete accommodations with almost 2200
rooms, a full service spa and salon and over 20 restaurants and
lounges and the only micro brewery on the Colorado River. The
Colorado Belle and Edgewater Casinos are the premier gaming and
entertainment locations in Laughlin, Nevada. Both properties are
open 24 hours a day, seven days a week and are located just 90
miles south east of Las Vegas, Nevada. The all new Saddle West
Casino and RV Resort is located in Pahrump, Nevada and operates in
over 12,000 square feet of gaming space with 350 gaming devices,
live bingo, sports book and a variety of table games featuring
craps, poker and blackjack. Accommodations include 155 hotel rooms
and an 80 space RV Resort. The Silver Spur Buffet is the largest
and best buffet in town. Saddlewest Casino is open 24 hours a day,
seven days a week and are located just 70 miles west of Las Vegas,
Nevada. Michael Rumbolz, Chairman and Chief Executive Officer of
Cash Systems, said, "We couldn�t be more excited about our new
partnership with the Marnell Sher Gaming Group. We believe that our
selection as their provider and the quick reaction to their
immediate needs reflects the confidence they have in our product
offerings and our dedication to customer service. With the addition
of the Laughlin and Pahrump properties, Cash Systems has now
established a foot hold in the Laughlin and Pahrump markets and
further strengthens our position in Nevada. We look forward to
working with the Marnell Sher Gaming Group to introduce our full
line of products designed specifically for the gaming environment.�
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. 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.
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