Unlike the traditional merchant transaction processing environment, the delivery of cash access services, and the products through which they are delivered, need to meet extremely high standards of reliability and efficiency in order to handle the high transaction volume of the casino gaming industry. ™ Gaming Industry: The overall US gaming industry operates in over 40 States and generates an estimated $90 billion in revenue (Data: American Gaming Association). Cash access services are present in numerous venues, which include the traditional casinos of Las Vegas and Atlantic City, Native American Casinos, Riverboat Casinos, Pari-mutuel Race Tracks, and Card Rooms. Cash access products play a mission critical role for gaming operators with an estimated 70% of gaming revenue being derived from such services. Most gaming operators rely on outsourced third party companies like Sightline Payments LLC to provide these services to their patrons. We estimate the North American (on an annual basis) Gaming Cash Access market to be $25 billion dispensed to patrons and over 100 million transaction approvals, generating an estimated $950 million in revenue for the industry. The largest provider of these cash access services includes Sightline Payments (PRIVATE: Sightline), Global Cash Access, Inc. (NYSE: GCA), Global Payments Inc. (NYSE: GPN) with an approximate combined 90% market share. The remaining 10% is divided amongst other providers including Money Centers of America (MCAM.PK), DiTronics Financial Services, and ASAI. Here is a description of the common types of Cash Access Services found in a casino: • Credit Card Cash Advances (Smart Station Advances): Credit card cash advances enable a gaming patron to access funds up to a specified limit set by the card-issuing bank. The consumer fees average about 6% of the amount requested. • Debit Card Cash Advances: POS debit card transactions are processed much like a regular merchant transaction, whereby a patron is able to access funds up to the cardholder's purchase debit limit, which is usually higher than the daily ATM limit. The consumer fees average about 3.5% of the amount requested. • ATM and ATM3X: A patron can withdraw funds directly from his or her checking or savings account subject to a daily limit average of $300. The consumer fees average about $4.00 per transaction requested. A recent phenomenon throughout the industry is the migration of ATM services onto Glory, NRT, and Western Money Ticket Redemption and Bill Breaking Devices. • Check Cashing (Certegy and Global Payments): Check verification, processing and guarantee services, enables the cashing of patron checks at the casino cashier. Generally there are no fees to the consumer, but, in certain geographic regions the fees can be upwards of 6% of the amount requested. • Markers and Gaming Credit: Casino establishments subscribe to credit bureau services to obtain detailed credit information for the purpose extending markers or credit to patrons. Generally these services are reserved for a casino's "high end" players and there are no fees to the consumer. The principal costs and expenses of Cash Access Services include: • Casino Commissions: For cash advance, ATM and check cashing transactions, service providers pay a commission to the gaming establishment at which the transaction occurred. • Interchange and Processing: Service providers pay credit card associations like Visa and MasterCard interchange fees for services they provide in settling transactions routed through their networks. In addition, fees are paid to participate in various ATM and credit card networks. The amounts of marsbahis üyelik these interchange fees are fixed by the card associations and networks and vary base on the network and the amount requested. Connectivity and processing fees are paid to those companies that provide the service providers with network services. • Check Cashing Warranty: Check cashing warranties relate to the costs incurred in connection with dishonored checks that are warranted. • Operating Expenses: Operating expenses consist primarily of salaries and benefits, armored carrier expenses, the cost of repair and maintenance on the cash access devices. • Interest Expense: Interest expenses in connection with the procurement of currency to fund the operating requirements of the ATMs. With the increasing number of online casino sites, it often becomes very essential for each and every player to go through comprehensive online casinos review. It is through the reviews that players can collect information relating to different sites. These days one of the most common problems that people playing at the online casino sites suffer is the presence of the rogue sites. It may not be possible for each and every one of us to look at a site and say which is a legit one and which one is not. If you count the total number of legit sites and the rogue sites present online, you will find that the number of rogue casino site surpasses the legit sites to a great extent. This is where you can understand why online casino review is important before you select to play with any site. Rogue sites are always there to trap you and steal your hard earned money. So it will be essential for each player, interested to try their hands at casino gaming online, to opt for an extensive research on the online sites. Determining the legitimacy of the online casino sites will be an important step to ensure a safe and happy gambling experience. What does it bring forth? Today, there are several websites fully dedicated to offer you reviews on different casinos. These review websites are especially designed to make gaming enthusiasts know more about the authenticity of the online casino concerned. Information about the operation of any gaming site: The main business of the online casino review sites is to make players aware of the legit sites by offering them a range of information. You will get a great deal of information from these review sites. These include method of operation of the online casino sites, games, kind of bonuses on offer, type of payment that includes credit cards, paypal accounts and checks. Number of games on offer: Casino reviews let you know the total number of games offered in any site. You will get to know the names of the games on offer like slots, roulette, blackjack and more. Moreover, information on the different gaming variations are also covered under the online casino reviews. This kind of resource helps you to choose a site that offers information on preferred gaming facilities. Informing about bonuses and tournaments: It is online casino review site that offers readers with a range of crucial information pertaining to the thrilling world of the online casinos. You get to know about the bonuses and freebies that are put on offer for both new players and existing players of the site. If there is any tournament including high prizes, you will also get to know more about them as well. Software knowledge: In addition, it is through casino review that you get to know other information like the type of gaming software used in any site. You get to know who are the manufacturers of the gambling software and what are the features offered by them and much more. For your convenience, most sites will offer you the details of the gaming software used in any particular casino site. These kind of information form to be helpful in making you a prospective online casino gamer. Make the right choice to get a safe gaming experience when you select a potential site that ensures your gaming experience. To conclude, make sure to visit online casinos review sites that offer you detailed information on the present sites online. Read the reviews and make certain to choose the right site whenever you plan to register and play your favorite game online.
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