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Casinos & Gaming

Global Cash Access’s deal for Multimedia Games affects quarterly results

Global Cash Access owned slot machine maker Multimedia Games for just 13 days in December, but the business had an impact on the company’s fourth-quarter results. The Las Vegas-based provider of payment processing products to casinos, said its net loss of $5.7 million in the quarter than ended Dec. 31 was attributed to $10 million in costs and accounting adjustments from the $1.2 billion deal to acquire the slot machine company.