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.
Cash Systems (AMEX:CKN)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Cash Systems Charts.
Cash Systems (AMEX:CKN)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Cash Systems Charts.