At a time of rapid growth for the eight year old firm Global Cash Access, a recapitalization to the amount of $316 million will place the world’s leader in cash access technologies and customer relationship at the juncture of long-term growth.

The investment was led by Summit Partners one of the most prominent private equity and venture capital firm. Tudor Ventures was a co-investor in addition to several smaller investments from private equity investors.

To read more about this development and an analysis of what this vote of confidence from the financial world will mean to the growth of GCA, you can read the full article here by following this link, Global “Cash Access Recapitalized in $316 Million investment led by Summit Partners.”

QuickJack Plus was released in 2003, and it is one of the unique and innovative products that allow Kirk Sanford (CEO) and his Global Cash Access the edge in the gaming industry. Indeed, QuickJack Plus was honored as one of the recipients of the Top 20 Most Innovative New Gaming Products Awards by Casino Journal.

QuickJack Plus is an intuitive interface that enables gaming patrons to perform all of their cash requirements while at the casino. This includes cashing in slot tickets, vouchers and coupons, performing ATM, credit and debit card cash advance transactions, redeeming the players’ club points for various complimentary services, as well as cashing and breaking bills to exchange currency. Other functions can be incorporated into QuickJack Plus, based on the different gaming properties’ needs.

QuickJack Plus is supplied and marketed by NRT Technology Corporation and it incorporates various GCA ATM and cash services.

Kirk Sanford, CEO of Global Cash Access, “We are thrilled to be honored with NRT for this prestigious award.”

Global Cash Access headed by CEO Kirk Sanford, was awarded two of the prestigious awards that comprise the Awards for the Top 20 Most Innovative Gaming Products of 2003.

Global Cash Access (GCA) released two innovative products into the gaming industry,  QuickCash Plus (QCP) Web and QuickJack Plus.

Installed at 124 casinos in 2003, QCP Web, is a full-service transaction cage operations processing system that serves to streamline casino operations in addition to  improving customer satisfaction and increasing gaming revenues. QuickJack Plus is supplied and marketed by NRT Technology Corporation, and it incorporates the ATM, debit and credit card cash advance services that Sanford’s Global Cash Access provides.

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In 2003 Global Cash Access and Kirk Sanford were honored when they received awards for two of their new gaming products. Casino Journal has a five member panel that awards prizes to the Top 20 Most Innovative Gaming Products each year.

Read about Kirk Sanford and Global Cash and these developments in the full press release hosted on our site.