Business Week rates Kirk Sanford
4 years ago, Business Week rated the 100 most influential CEOs under the age of 40. Kirk Sanford was rated as 19th – and he appears on the Business Week site with some basic details, as follows:
Kirk E Sanford., 39
CEO, President, and Director
Global Cash Access Holdings (GCA)
Las Vegas
Industry Sector
Financial: Misc. Financial Services
Market Cap
$1.36 billion
Read all About Kirk Sanford’s Press!
Kirk Sanford , previously of Global Cash Access, and currently of Sightline Acquisition has had a highly successful career in the business world, and he has been a high powered CEO with many achievements.
This means that many of his business activities and successes have appeared in the press over time. To learn more about Sanford, KirkSanford.WordPress is the right place to be!
Visit our new press page – Read All About It – that will contain links to all relevant info on the web.
Happy Reading!
GCA Initial Public Offerings
| Initial Public Offerings (IPO) | Deal Data |
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| Status : | Priced (9/23/2005) |
| Proposed Symbol : | GCA |
| Exchange : | New York Stock Exchange |
| Share Price : | $14.00 |
| Shares Offered : | 16,064,157 |
| Offer Amount : | $224,898,198 |
| Total Expenses : | $1,491,442 |
| Shares Over Alloted : | 0 |
| Shareholder Shares Offered : | 7,064,157 |
| Shares Outstanding : | 80,500,000 |
| Lockup Period (days) : | 180 |
| Lockup Expiration : | 3/22/2006 |
| Quiet Period Expiration : | 10/18/2005 |
| CIK : | 0001318568 |
Kirk Sanford and Global Cash Access Win Again!
Read all about it! In 2003 Kirk Sanford and Global Cash Access were honored when two of their products were recognized as two of the Top 20 Most Innovative Gaming Products of 2003 by Casino Journal. This brings Sanford and GCA’s tally of these awards to five!
Read all about this award, GCA, Kirk Sanford and the two products that won the awards, QuickJack Plus and QuickCash Plus Web, at our press pages: “Read all about it” and “GCA Wins Two of the Top 20.”
Harrah’s Signs Three-Year Contract for Global Cash Access Services
Company to Participate in Step Program
SANTA CLARA, Calif.–(BUSINESS WIRE)–April 10, 2000–Global Cash Access (GCA) announced today that Harrah’s Entertainment Inc. (NYSE: HET – news) has signed a three-year agreement to use several Global Cash Access products and services, among them credit card cash advance, debit card cash access and the Western Union® Money Transfer(SM) service.
Harrah’s also will be taking advantage of QuikCheck, which combines the strength of TeleCheck, the world’s leading check acceptance company, with Central Credit Inc., the gaming industry’s largest cash access database. GCA has developed QuikCheck to meet the special needs of casinos, including more flexibility, different pricing options and greater responsiveness.
Harrah’s also announced that the company will participate in the Self Transaction Exclusion Program (STEP) of GCA’s Responsible Gaming Partnership, introduced last year with cooperation from the National Council on Problem Gambling (NCPG) to encourage patrons to ”Think. Be Responsible.” before making cash access transactions. As Phase II, STEP implements a mechanism for patrons to register with GCA to be excluded from the company’s network of cash access services in more than 1,200 gaming locations in the United States, Canada and the Caribbean.
Twenty (20) Harrah’s owned or managed properties are covered under the contract with GCA.
Founded more than 60 years ago, Harrah’s Entertainment, Inc. is the most recognized and respected name in the casino entertainment industry, now operating 21 casinos in 17 markets in the United States. Harrah’s operates casinos under the Harrah’s, Showboat, Rio and Player’s brand names. With a database of more than 19 million players, the Company is focused on building loyalty and value with its targeted customers through a unique combination of great service, excellent products, unsurpassed distribution, operational excellence and technology leadership.
Global Cash Access is the leading provider of cash access, financial management and customer relationship marketing technologies to the gaming industry. The company was formed in 1998 through a joint venture of Bank of America (NYSE: BAC – news), First Data Corp. (NYSE: FDC – news) and USA Processing, Inc. Providing access to the gaming industry’s largest cash access database, Global Cash Access uses Internet technologies to deliver products and services to more than 1,200 gaming properties nationwide.
Foxwoods Resort Casino and Eight Others Sign Contracts With Global Cash Access
Foxwoods to Participate in ”Step” Responsible Gaming Program
SANTA CLARA, Calif.–(BUSINESS WIRE)–March 2, 2000–Foxwoods Resort Casino in southeastern Connecticut and eight other gaming properties have signed contracts to utilize the technologically advanced products and services of Global Cash Access (GCA), the leading provider of cash access, financial management and customer relationship marketing technologies to the gaming industry.
Foxwoods has signed a three-year agreement to use several Global Cash Access products and services, among them QuikCash Plus 2.0.
QuikCash Plus 2.0 is an Internet-based, full service transaction processing system for cage operations that consolidates secure processing for all types of financial transactions into a simple, Windows®-compatible environment.
”We have had great past success with Global Cash Access,” said James L. Dougherty, Director of Casino Accounting Operations at Foxwoods. ”We look forward to the efficiencies and marketing benefits QuikCash Plus 2.0 can provide.”
Foxwoods also announced that the resort will participate in the Self Transaction Exclusion Program (STEP) of GCA’s Responsible Gaming Partnership, introduced last year with cooperation from the National Council on Problem Gambling (NCPG) to encourage patrons to ”Think. Be Responsible.” before making cash access transactions. As Phase II, STEP implements a mechanism for patrons to register with GCA to be excluded from the company’s network of cash access services in more than 1,200 gaming locations in the United States.
”STEP is a powerful tool in our efforts to promote responsible gaming,” Dougherty said. ”We encourage other casinos to implement the STEP program, because when we effectively combat problem gaming together, everyone wins.”
Other properties that recently signed contracts with GCA are:
- Derby Club at Seaside Park – Ventura, Calif.
- Gold Strike Jean – Jean, Nev.
- Nevada Landing – Jean, Nev.
- Gold Strike Tunica – Tunica, Miss.
- Eldorado Hotel and Casino – Reno, Nev.
- Hawaiian Gardens Card Club – Hawaiian Gardens, Calif.
- Mardi Gras Casino – Blackhawk, Colo.
- Crystal Lounge – Billings, Mont.
Opened in 1992, Foxwoods is owned by the Mashantucket Pequot Tribal Nation. The casino offers nearly 6,000 slot machines and 350 table games, along with three luxury hotels, two dozen restaurants and top-flight entertainment in two performance centers.
Global Cash Access was formed in 1998 through a joint venture of Bank of America (NYSE: BAC – news), First Data Corp. (NYSE: FDC – news) and USA Processing, Inc. Providing access to the gaming industry’s largest patron database, Global Cash Access uses Internet technologies to deliver funds transfer, financial management and customer relationship marketing services to more than 1,200 gaming properties nationwide.
Global Cash Access Customers to Benefit From Purchase of Central Credit Inc.
SUNNYVALE, Calif.–(BUSINESS WIRE)–July 2, 1999–Through an acquisition by a joint venture owned by Global Cash Access (GCA) partners First Data Financial Services LLC and M&C International, GCA customers will soon benefit from the services of Central Credit Inc., which will be sold by Cendant Corporation (NYSE:CD – news) for $44 million, company officials announced yesterday.
The transaction is subject to customary regulatory approvals and is expected to be completed during the third quarter of 1999. Terms of the transaction were not disclosed.
Central Credit Inc. is the leading provider of gaming patron credit information services to casinos throughout North America, the Caribbean, Europe, South America and Asia. Global Cash Access is the nation’s leading provider of cash access services to the gaming industry.
”It is our vision to have the existing products and services of Central Credit and GCA made available through a single platform, thus increasing the speed and efficiency by which our customers can access information,” said Kirk Sanford, GCA’s chief executive officer.
”There’s no question that this acquisition will result in a company that can provide an unparalleled array of products and services to the gaming industry,” said Pamela Shinkle, president and chief operating officer of Central Credit Inc.
Formed in 1998 through a joint venture of Bank of America (NYSE:BAC – news), First Data Corporation (NYSE:FDC – news) and USA Processing, Inc., Global Cash Access provides a full range of electronic funds transfer and other services to more than 1,200 gaming properties nationwide.
Global Cash Access Increases International Reach With Central Credit Subscriptions
SUNNYVALE, Calif.–(BUSINESS WIRE)–Jan. 7, 2000–Gaming properties in Belize, Bulgaria, Romania and the Caribbean island of St. Maarten recently signed contracts with Global Cash Access (GCA) to subscribe to Central Credit Services, the world’s largest gaming patron database.
Global Cash Access is the leading provider of cash access, financial management and customer relationship marketing technologies to the gaming industry. Central Credit (CC) is the leading provider of gaming patron credit information services to casinos throughout North America, the Caribbean, Europe, South America and Asia. Through a joint venture, GCA and CC partner to provide an unparalleled array of products and services to the gaming industry.
”Gaming properties can obtain a significant advantage by subscribing to Central Credit Services,” said Pam Shinkle, president and chief operating officer of Central Credit LLC. ”We provide credit information that helps gaming properties reduce their risk when considering the extension of credit to a patron.”
”Central Credit has the biggest gaming patron database available,” said Kirk Sanford, chief executive officer of GCA. ”GCA has integrated this database into QuikCash Plus 2.0, our newest transaction processing system, so GCA customers now have truly the most powerful management and marketing tool available to them.”
QuikCash Plus 2.0 is an Internet-based, full service transaction processing system for cage operations that consolidates secure processing for all types of financial transactions into a simple, Windows®-compatible environment.
International properties that recently signed contracts for Central Credit Services are:
– Princess International – Belize City, Belize
– Sofia Princess Hotel – Sofia, Bulgaria
– Havana Princess – Bucharest, Romania
– Port de Plaisance – St. Maarten, Netherlands Antilles
Central Credit LLC was acquired from Cendant Corporation in 1999 by a joint venture owned by Global Cash Access partners First Data Financial Services LLC and M&C International.
Global Cash Access was formed in 1998 through a joint venture of Bank of America (NYSE:BAC – news), First Data Corp. (NYSE:FDC – news) and USA Processing, Inc. Providing access to the gaming industry’s largest patron database, Global Cash Access uses Internet technologies to deliver funds transfer, financial management and customer relationship marketing services to more than 1,200 gaming properties nationwide.
Eleven Boyd Gaming Corporation Properties and Four Others Sign Contracts With Global Cash Access
SUNNYVALE, Calif.–(BUSINESS WIRE)–Sept. 30, 1999–Eleven Boyd Gaming Corporation properties and four others have recently signed three-year contracts to utilize the technologically advanced products and services of Global Cash Access (GCA), the largest provider of cash access services to the gaming industry.
”We are excited about GCA’s newest offering,” said Richard Darnold, vice president of tax and financial administration for Boyd Gaming Corporation, referring to QuikCash(TM) Plus 2.0, unveiled two weeks ago at the World Gaming Congress and Expo in Las Vegas.
QuikCash Plus 2.0 integrates into a web-based platform the industry’s largest gaming customer database from Central Credit, Inc. with direct access to TeleCheck and the Western Union® Money Transfer(SM) service, in addition to GCA’s extensive customer databases. The software represents a major innovation in speeding cash transactions for gaming patrons.
”We are seeing a consolidation of customer databases by gaming companies, and GCA’s utilization of web technology to create a single platform to access related financial services goes right in line with this progressive trend,” said Darnold. ”This will facilitate our goal of providing unsurpassed customer service and will enhance our customers’ experience when they visit a Boyd Gaming property.”
Boyd Gaming properties that recently signed agreements with GCA are:
- California Hotel & Casino – Las Vegas, Nev.
- Stardust Resort & Casino – Las Vegas, Nev.
- Main St. Station Casino & Brewery – Las Vegas, Nev.
- Jokers Wild Casino – Las Vegas, Nev.
- Treasure Chest Casino – Kenner, La.
- Silver Star Resort & Casino – Philadelphia, Miss.
- Sam’s Town Gambling Hall & Saloon – Las Vegas, Nev.
- Fremont Hotel & Casino – Las Vegas, Nev.
- Eldorado Casino – Henderson, Nev.
- Sam’s Town Tunica – Robinsonville, Miss.
- Par-A-Dice Casino – East Peoria, Ill.
Other properties that have recently signed with GCA include:
- Hollywood Park Casino – Inglewood, Calif.
- Magic Star Casino – Henderson, Nev.
- Silverton Hotel & Casino – Las Vegas, Nev.
- Gold Rush Casino – Henderson, Mont.
Formed in 1998 through a joint venture of Bank of America (NYSE: BAC – news), First Data Corp. (NYSE: FDC – news) and USA Processing, Inc., Global Cash Access provides a full range of electronic funds transfer and other services to more than 1,200 gaming properties nationwide.
Over 1,000 Casinos Nationwide Place Their Bets on Hypercom’s Next Generation ICE 5000 Point-of-Sale Terminals
Hypercom Teams with Global Cash Access Consortium to Provide Interactive Cash Advance Terminal Solution to Casinos
PHOENIX–(BUSINESS WIRE)–Dec. 10, 1998– Hypercom Corporation (NYSE:HYC – news), a global provider of electronic payment solutions, today announced its Interactive Consumer Environment (ICE) 5000 terminals are being deployed to more than 1,000 casinos around the country by the Global Cash Access consortium. Established in June 1998, the Global Cash Access consortium is the largest cash access provider to casinos and includes BA Merchant Services, Inc. (BAMSI), USA Processing and First Data Corp. (NYSE:FDC – news). Hypercom’s ICE 5000 terminals will be used in conjunction with its T7E terminal to form a complete point-of-service (POS) cash solution for casino players. The roll-out began this month at Bally’s in Atlantic City and will include casinos in Las Vegas and riverboats nationwide. The deployments will be completed within 60 days. The ICE 5000 terminals are delivered with touch screen and smart card functionality and are equipped with Hypercom FastPOS(tm) 9600 baud modems built in.
”When Hypercom introduced its ICE solution, we immediately recognized the technology breakthrough it represents,” said Sharif Bayyari, president and CEO, BA Merchant Services. ”A casino’s ability to customize each relationship with its customer — with the flexibility of an interactive screen, the scalability of being smart card-enabled and the faster connection speeds that the Hypercom FastPOS 9600 bits per second modem can offer dramatically improves the value proposition at the point-of-service.”
”The introduction of the ICE 5000 terminal at these casinos around the country represents an important step in the evolution of self-service electronic cash transactions. Global Cash Access recognized the need to improve the all-important customer touch point and the opportunity it presents,” said Al Irato, president and CEO of Hypercom. ”The casinos can customize the transaction process for players and add additional applications such as advertising or loyalty programs as needed by leveraging the terminal’s interactivity and flexibility.”
Hypercom will provide the advanced POS technology functions and flexibility found in its new line of ICE 5000 terminals, coupled with the T7E terminals, to complete these on-floor cash advance transactions. The ICE 5000 terminals, located at several kiosks amidst the lights and tables of the Casinos, are positioned so that players can simply go up to any kiosk and swipe their credit or debit card through the terminal. The interactive screen displays the instructions for the player to complete the transaction, and receive an instant authorization for the transaction.
The player then makes their way to the nearest casino cashier in the ”cage” where the cashier performs a ”Print on Demand” request and verifies the transaction using a Hypercom T7E terminal. Once the transaction is electronically verified, a check is printed out and endorsed by the player, and the cashier gives the cash to the client.
”We looked at all of the POS terminal manufacturers in the market place and the Hypercom ICE 5000 terminal was by far and away the best out there,” said Kirk Sanford, executive vice president, Global Cash Access. ”ICE is the best bet for our casino customers’ current and future needs — delivering powerful touchscreen technology with integrated credit card, debit card and smart card terminal with the fastest communication speeds available. Because Global Cash Access also supports responsible gaming, the ICE 5000′s customizable screen messages help us monitor usage,” said Sanford. ”Hypercom’s ICE 5000 and T7E terminal combination are also Y2K compliant to ensure no disruption as we move into the next millennium.”
Transaction Technology of the Future
The ICE 5000 terminal is smart card-ready — protecting the casino’s terminal investment as payment systems evolve and smart cards become more prevalent in the future. Additionally, to meet the needs of the casino’s international clientele, the ICE 5000 terminals are equipped with Spanish and French language capability, with Japanese and Chinese being added soon.
About Global Cash Access
Global Cash Access provides a full range of electronic funds transfer and other services to more than 1,200 gaming properties nationwide. The company’s line of cash access products and services include integrated devices using a client-server platform, offering ATM, POS debit and credit card cash advance; and cash access services including Western Union® wire transfer and TeleCheck® guarantee and authorization. The company’s line of financial services includes transaction processing and reporting via PC-based, networked cashier workstations, and transaction reporting via secure Internet access.
About Hypercom Corporation
Celebrating its 20th anniversary, Hypercom Corporation (NYSE:HYC – news) is a global provider of electronic payment solutions, including multi-functional point-of-sale terminals, peripherals, network products, transaction software, Internet-based and electronic commerce payment solutions. On a global basis Hypercom delivers the services and technology infrastructure required to quickly integrate and deploy new payment applications for competitive value-add programs, improved business performance and low total cost of ownership.
Headquartered in Phoenix, Arizona, Hypercom markets its products in more than 60 countries through a global network of offices and affiliates in Argentina, Australia, Brazil, Chile, China, Hong Kong, Hungary, Japan, Mexico, Russia, Singapore, the United Kingdom and Venezuela. Hypercom’s Internet address is http://www.hypercom.com.
Note to Editors: Hypercom is a registered trademark of Hypercom Corporation. Hypercom FastPOS is a trademark of Hypercom Corporation. All other products or services mentioned in this document are trademarks, service marks, registered trademarks or registered service marks of their respective owners.
Certain matters discussed within this press release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Although management of Hypercom believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include industry, competitive and technological changes; risks associated with international operations and foreign currency fluctuations; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; market acceptance of new products and other risks detailed from time to time in Hypercom’s SEC reports, including the company’s prospectus dated November 13, 1997.
