IPO For Casino Cash Handlers

WALL STREET - (09/19/05) -- Global Cash Access, the world'slargest casino cash handler that was spun off from First Data Corp.last year, plans to raise as much as $475 million with an initialpublic offering this week. The company's ATMs and electronic fundssystems, which connect gamblers to their bank and credit unionaccounts, are ubiquitous in most of the world's biggest gamblingcasinos, including those owned by Harrah's, Caesar's and Trump. TheIPO will allow the company's majority owners, Boston-based SummitPartners, and Tudor Ventures, to cash out of a $316 million equityinvestment they made when they bought the company from First Datain May 2004.