Global Cash Access Inc., which provides cash-advance and ATM services for the gaming market, today reported net income of $9.2 million for the second quarter ended June 30, up 5.7% from $8.7 million during the same period last year. Revenue rose 3.7%, to $173 million from $166.8 million. "It's not surprising our second quarter results trended with the segment, as well as the majority of our customers," CEO Scott Betts said Tuesday during a conference call with analysts. "While we saw some stabilization in revenue trends during the first five months of the year, revenues for June were disappointing and accounted for the entire shortfall of our revenue versus our expectations." Within business segments, cash advance earned revenue of $74.8 million, down 8.6% from $81.8 million; ATM revenue increased 19.2%, to $84.6 million from $71 million; check services revenue was up 2.8%, to $10.5 million from $10.8 million; and central credit and other revenues were flat at $3.1 million. Las Vegas-based Global Cash Access provides its services to more than 1,100 casinos and other gaming properties in the U.S., Europe, Canada, the Caribbean, Central America and Asia.

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