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GCA posts Q3 revenue drop following loss of Caesars contract

5th November 2014 7:01 am GMT

Payment solutions provider Global Cash Access (GCA) has reported a 1 per cent drop in total revenue to $145.5m for the third quarter of 2014, which was partially attributable to the loss of its contract with Caesars Entertainment earlier in the year.

GCA’s deal with Caesars expired in March and was not renewed, impacting the company’s cash advance and ATM businesses by a combined $11.9m in revenue. Excluding the loss of the contract, revenue would have [...]

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