Equitex announces its acquisition target
By keely
Equitex, Inc. has announced that its acquisition target, Chex Services, Inc., has entered into new two-year contracts. These will enable them to provide ‘cash access’ and Financial Services Centers at Sunland Park Racetrack and Casino in Sunland Park, New Mexico and Albuquerque Downs Racetrack and Casino in Albuquerque, New Mexico.

Equitex also announced that Chex Services has now executed renewal contracts to continue providing full service ‘cash access’ Financial Services Centers to five other casinos. These are: Black Bear Casino and Hotel in Cloquet, Minnesota; Fond-du-Luth Casino in DuLuth, Minnesota; Casino Apache in Mescalero, New Mexico; Ohkay Casino in San Juan Pueblo, New Mexico and; Chip-In Casino in Harris, Michigan.

Chex Services President, James P. Welbourn, said, “We are excited to announce these new contract signings and renewals. We feel these contracts validate the quality of our management, services and business model as we strive to provide the highest level of service to our existing customers while leveraging our knowledge and experience to expand our customer base.”

The Financial Service Centers offered by Chex Services allow casino patrons to access cash through check cashing, credit/debit card cash advances, automated teller machines and wire transfers.

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