UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 27, 2011

 

GLOBAL CASH ACCESS HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

001-32622

 

20-0723270

(State or other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

3525 East Post Road, Suite
120
Las Vegas, Nevada

 

89120

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (800) 833-7110

 

 

(Former name or former address if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o            Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o            Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o            Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o            Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 1.01. Entry into a Material Definitive Agreement.

 

On December 27, 2011, Global Cash Access, Inc. (“GCA”), a wholly-owned subsidiary of Global Cash Access Holdings, Inc., entered into an amendment to the Processing Services Agreement previously entered into with TSYS Acquiring Solutions, LLC (“TSYS”), effective July 1, 2009.  The amendment extends the term of the Processing Services Agreement from June 30, 2013 until December 31, 2014.  In consideration of extending the term of the Processing Services Agreement, TSYS has agreed to pay GCA a mutually agreed upon signing bonus, payable within thirty days of the execution date of the amendment.  TSYS also has agreed to provide GCA with a mutually agreed upon amount, payable in monthly installments over the balance of the term of the Processing Services Agreement in connection with GCA assuming the obligation to perform certain professional and development services that GCA had previously engaged TSYS and certain of its affiliates to perform.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

 

 

GLOBAL CASH ACCESS HOLDINGS, INC.

 

 

 

Date: January 3, 2012

By:

/s/ Scott H. Betts

 

 

Scott H. Betts, Chief Executive Officer

 

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