Cash Systems (AMEX:CKN)
Historical Stock Chart
From Dec 2019 to Dec 2024
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.