MCAM Renews Contract

Today Money Centers of America (OTC Bulletin Board: MCAM), a provider of cash access, transaction management systems, and financial networks for the gaming industry, announced it has renewed a multi-year contract with one of its existing Native American casinos by providing the casino with the option to convert to the ONSwitch(TM) Transaction Management System at any time during the contract renewal term. ONSwitch(TM) empowers casino operators to seize control of the customer experience while driving increased profitability by insourcing the processing of cash access services and merchant card processing.

"The economics are too compelling for gaming operators not to embrace ONSwitch(TM) and consider eliminating third-party vendors by internalizing cash access operations in order to generate additional revenue and profits, especially when these operations are virtually identical to a gaming operator's core competencies," said Chris Wolfington, Chairman and CEO of Money Centers of America. "Our renewal demonstrates the value gaming operators place on working with innovative companies with a customer-centric approach to cash ac

2006-06-29