Aggregated News & Information about Christopher Wolfington
IGAMES ENTERTAINMENT, INC. AND MONEY CENTERS OF AMERICA, INC. ANNOUNCE PLANS TO INCREASE CREDIT FACILITY
IGames Entertainment, Inc. (OTC Bulletin Board IGMS), announced today that Money Centers of America, Inc., which provides cash access and credit services to the gaming industry, is seeking to expand its current credit facility with Mercantile Capital, LP as a result of its proposed transaction with iGames. Mercantile Capital presently provides Money Centers with working capital and vault cash financing.
“We have watched Money Centers grow dynamically under attentive and careful management. The proposed transaction with iGames likely will create more opportunities for Money Centers. As we move through our discussions, we look forward to continuing and expanding our relationship,” Said Jay Starr, CEO of Mercantile Capital.
“We were in the process of expanding our facility through Mercantile to keep pace with our growth when the iGames opportunity developed. The iGames transaction and the proposed expansion of our credit facility of up to $25,000,000 will allow us to continue our revenue and profit growth and to seek merger and acquisition targets of synergistic companies,” said Chris Wolfington, Chairman & CEO of Money Centers of America.
About iGames Entertainment
iGames Entertainment, Inc. develops, manufactures and markets technology-
based products such as slot machine security devices and table games for the
gaming industry. The Company's growth strategy is to develop or acquire
innovative gaming products and systems and market these products worldwide.
The company has received approvals by the Nevada Gaming Board, New Jersey
Gaming Commission, GLI and international jurisdictions for the Protector(TM)
a proprietary security device for all name brand slot machines including IGT,
Bally's and WMS machines. For a complete corporate profile on iGames
Entertainment Inc., please visit the Company's corporate website at
About Money Centers
Money Centers of America, Inc. is a single source provider of cash access services to the gaming industry. The company has combined state of the art technology with personalized customer services to deliver the best in ATM, Credit Card Advance, POS Debit, Check Cashing Services, CreditPlus outsourced marker services, and merchant card processing. More information on Money Centers of America is available at www.moneycenters.com
About Mercantile Capital
Mercantile Capital, LP, is a commercial finance company located in Wynnewood, Pennsylvania, specializing in asset-based lending. In addition to its portfolio, Mercantile manages more than $100 million of senior and subordinated debt facilities for investment banks and private investment entities.
This press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended, and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks, uncertainties and assumptions about Money Centers of America and iGames Entertainment, Inc. that may cause actual results, levels of activity, performance or achievements to be materially different from any other future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "will", "should", "could", "would", "expect", "plan", "anticipate", "believe", "estimate", "continue", or the negative of such terms or similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited to, failure of the parties to complete the proposed combination, the failure of Money Centers of America and Mercantile Capital, L.P. to reach an agreement on the increase of the credit facility and those issues identified from time to time in Securities and Exchange Commission filings and other public documents of iGames, Entertainment, Inc., including, without limitation, its Annual Report on Form 10-K for the fiscal year ended March 31, 2003.
C.E.O at Finpay, L.L.C
THE HUFFINGTON POST
TOP STORIES AND OPINIONS
Christopher Wolfington, CEO of FinPay, L.L.C. and Chairman and CEO of C.M. Wolfington, L.L.C., is business leader and entrepreneur with business experience in payments, healthcare, technology, real estate, and over 19 years experience in the financial services industry.
Mr. Wolfington has applied his decades of payments and financial services expertise to the healthcare industry to assist healthcare providers to create a financial experience for their patients that mirrors the high quality clinical care patients have come to expect. FinPay, L.L.C. provides patient financial management solutions that provide patients with the education they need to understand their financial responsibilities and the payment options they want to make those financial obligations fit their household budget. FinPay continues to be a market leader in the Patient Financial Management Market.
Determined to utilize his entrepreneurial talent and keen eye for opportunity, Mr. Wolfington infused his passion, energy, capital, and entrepreneurial vision into numerous companies in the payments, healthcare finance, and financial services industries, including two initial public offerings (Casino & Credit Services & Telespectrum Worldwide). As part of this pursuit he founded, acquired, and/or divested numerous companies during his career, including Microfunds, Financial Payment Network,, MCA, Central Credit, Inc., Casino Money Centers, Strip Check Cashing, Central Credit Check Cashing, Available Money, iGames Entertainment, Landmark Group Holdings, and Check Holdings.
Mr. Wolfington continues to invest his time, capital, and resources in identifying opportunities in high growth markets with antiquated stale technologies & solutions.
Mr. Wolfington supports multiple charitable organizations, particularly focused on education, child development, and
the United States Military.
Christopher Wolfington is an entrepreneurial exec with broad experience in all aspects of Corporate management, including sales, mergers & acquisitions, marketing, accounting, capital markets, private placements, strategic planning, operations, and financial management.
Friends in Action: Former Board Member
Amigos de Jesus
Big Picture Alliance: Board Member
Sophia Jane Darr Chrildren's Foundation
Marine Corps Birthday Ball
Hearts & Hands of China
Preservation Society of Newport County
Independence Mission Schools
University of Scranton
Malvern Preparatory School
Youth Work Foundation
(Union League of Philadelphia)
Penn State THON
Kelly Rooney Foundation
Philadelpia Animal Welfare Society
Roman Catholic Church
The Philadelphia Country Club
The Union League of Philadelphia
--->IGAMES ENTERTAINMENT, INC. AND MONEY CENTERS OF AMERICA, INC. ANNOUNCE PLANS TO INCREASE CREDIT FACILITY
--->MONEY CENTERS OF AMERICA, INC. ANNOUNCES CLOSING OF ATM PROCESSING AND $40,000,000 VAULT CASH AGREEMENT
--->IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF
MONEY CENTERS OF AMERICA MERGER AND APPOINTMENT OF
CHRISTOPHER M. WOLFINGTON AS CHAIRMAN & CEO.
--->IGAMES ENTERTAINMENT, INC. ANNOUNCES CLOSING OF AVAILABLE ACQUISITION TO PURCHASE AVAILABLE MONEY, INC.
--->CASINO VETERAN DENNIS GOMES JOINS MONEY CENTERS of AMERICA'S BOARD of DIRECTORS
--->Christopher Wolfington and his nephew/godson Jack Ziegler attend the Phillies National League Championship Series Playoff game in October 2010.
--->Chris Wolfington attends an annual Golf Trip to world famous Pine valley Golf Club with host Chet Walsh and friends John Mullins, Tom Shallow, Chris Dutton.
--->Chris Wolfington, along with his son James and daughter Amanda, visit Athens and the beautiful island of Santorini to take in the significant historical monuments and experience the breathtaking sunsets.
--->Christopher Wolfington visits Naval Station Norfolk & Naval Station Oceana to spend time with Naval F/A-18 Super Hornet pilots and as a guest to the Blue Angels special air show for military personnel.
--->Christopher Wolfington attends the Philadelphia mummers Parade on
New Years Day.
--->Christopher Wolfington and Money Centers of America co-worker Lauren Anderson attend a fundraiser for the Sophia Jane Darr Children’s foundation.
--->Chris Wolfington joins Phil Rapone and Mike & Rachel Odorisio at the the Neverland Ball to support the Sophie Jane Darr Children’s Foundation to raise money to provide financial assistance to families with children affected by cancer and other diseases.
--->Chris Wolfington and his daughter Amanda Wolfington volunteered to work at Amigos de Jesus, a boys orphanage in Honduras.
--->Christopher Wolfington hosts family and friends to Cancun, Mexico at the luxurious Casa Magna Resort.
--->Christopher Wolfington with friends at Superbowl
Copyright © Aggregated Information about Chris Wolfington -
Chris Wolfington is an entrepreneur and CEO of Money Centers of America & Finpay, L.L.C