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Everi Reports 2018 Second Quarter Results

08/07/18
Revenues of $118.7 Million, Net Income of $1.5 Million or $0.02 per Diluted Share, and Adjusted EBITDA of $59.5 Million Second Quarter Growth, Including Record Quarterly Adjusted EBITDA, Driven by Continued Improvement Across all Business Operations Raises Full-Year Adjusted EBITDA Outlook Range to $228 Million to $231 Million LAS VEGAS, Aug. 07, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported record financial results for the second quarter ended June 30, 2018. Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Ongoing customer demand for products across the spectrum of our Games and Financial Technology Solutions portfolio is driving growth across the key performance indicators of our business including record quarterly unit sales, our highest ever quarter-end installed base, a record year-over-year rise in daily win per unit which increased $2.42, or 9%, and FinTech revenue improvement of more than 11% with...
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Everi and Intelligent Gaming Systems Enter Into Reseller Agreement to Address U.K. Market

08/01/18
LAS VEGAS, Aug. 01, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi or the “Company”), the casino gaming industry’s single source provider of gaming products and financial technology solutions, through its subsidiaries Everi Payments Inc., and Global Cash Access (UK), Limited Inc. (“Everi UK”) has entered into a services representative agreement with Intelligent Gaming Systems Limited (“Intelligent Gaming”). The agreement enables Intelligent Gaming to resell Everi UK’s cash access products as well as provide first line support and service to customers in the U.K. market. The agreement is effective Aug. 1, 2018.
“Intelligent Gaming has been the fastest growing supplier of management systems for retail casinos in the U.K. and brings to the table unmatched operational expertise and a deep commitment to customer service,” said Michael Rumbolz, President and CEO, of Everi. “We believe this partnership will enable us to continue to enhance operators’ ability to...
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Everi Holdings to Report 2018 Second Quarter Results on August 7 and Host Conference Call and Webcast

07/24/18
LAS VEGAS, July 24, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2018 second quarter results after the market closes on Tuesday, August 7, 2018, and host a conference call and simultaneous webcast at 5:00 p.m. ET that day.  Both the call and webcast are open to the general public.
The conference call may be accessed live over the phone by dialing (866) 548-4713 or for international callers by dialing (323) 794-2093.  A replay will be available beginning at 8:00 p.m. ET that day and may be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers; the PIN number is 7143634.  The replay will be available until August 14, 2018. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About the Company
Everi is a leading supplier of technology solutions for the casino gaming industry. The company provides casino operators with...
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Everi to Showcase Transformative Casino Products at OIGA 2018 Conference and Tradeshow

07/23/18
LAS VEGAS, July 23, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI), (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products and financial technology solutions, announced today it will present engaging game content, innovative cabinets, and integrated financial technology solutions for Class II and Class III tribal gaming operators at the Oklahoma Indian Gaming Association (OIGA) Conference and Tradeshow , July 24-25, 2018, in Oklahoma City, Oklahoma, at the Cox Convention Center.
“We look forward to showcasing our newest and most innovative gaming and financial technology solutions at OIGA this year as we continue our long, successful history of support for tribal gaming operators,” said Ed Peters, Executive Vice President, Sales and Marketing, at Everi. “Our product demonstrations will feature a wide range of offerings that will keep operators’ guests engaged and entertained and help them better manage floor-wide cash...
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Everi Completes Repricing Of $820 Million Term Loan Facility

05/17/18
LAS VEGAS, May 17, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), a leading supplier of technology solutions for the casino gaming industry, announced today that it has successfully completed the repricing of its $820.0 million Senior Secured Term Loan (the “Term Loan”).
Under the amended Term Loan, the interest rate has been reduced by 50 basis points to LIBOR + 3.00% from LIBOR + 3.50% and includes six months of 101 soft call protection.  The LIBOR floor remains unchanged at 1.00%.  Based on the interest rates currently in effect and a Term Loan balance outstanding of $813.9 million, the repricing is expected to generate cash interest savings of approximately $4.1 million on an annualized basis.  These expected cash interest savings are in addition to the cash interest savings achieved as a result of the Company’s November 2017 repricing of its First Lien Term Loan and the refinancing of its Unsecured Notes in December 2017.  The maturity...
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Everi Reports 2018 First Quarter Results

05/07/18
Revenues of $111.0 Million, Net Income of $4.6 Million, or $0.06 per Diluted Share, and Adjusted EBITDA of $58.0 Million Company Intends to Reprice $814 Million Senior Secured Term Loan LAS VEGAS, May 07, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the first quarter ended March 31, 2018. In addition, Everi announced plans to leverage favorable market conditions to reprice its Senior Secured Term Loan (the “Term Loan”) to lower cash interest costs and lower its cost of capital. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended March 31, 2018 2017 (in millions, except per share amounts) Revenues (1) $ 111.0 $ 101.0 Operating income $ 24.5 $ 22.6 Net income (loss) $ 4.6 $ (3.5 ) Net earnings (loss) per diluted share $ 0.06 $ (0.05 ) Diluted shares outstanding 73.3 66.1...
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Everi Holdings to Report 2018 First Quarter Results on May 7 and Host Conference Call and Webcast

04/23/18
LAS VEGAS, April 23, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2018 first quarter results after the market closes on Monday, May 7, 2018, and host a conference call and simultaneous webcast at 5:00 p.m. ET that day.  Both the call and webcast are open to the general public.
The conference call may be accessed live over the phone by dialing (888) 394-8218 or for international callers by dialing (323) 701-0225.  A replay will be available beginning at 8:00 p.m. ET that day and may be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers; the PIN number is 1980173.  The replay will be available until May 14, 2018. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About the Company
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a...
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Everi to Showcase Gaming Technology Solutions Leadership at 2018 Indian Gaming Tradeshow & Convention in Las Vegas

04/16/18
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, announced today that it will bring its comprehensive portfolio of innovative gaming technology offerings to the 33 rd annual Indian Gaming Tradeshow & Convention (“NIGA”) to be held at the Las Vegas Convention Center (Booth #1146) in Las Vegas, Nevada from April 17-20, 2018 . Everi will demonstrate a wide range of products for Class II and Class III tribal gaming customers including innovative gaming machines that power the casino floor and casino operational and management systems that include comprehensive, end-to-end payments solutions, critical intelligence offerings, and gaming operations efficiency technology.
Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “The entire team at Everi is delighted to return to NIGA 2018 where we will demonstrate our ongoing commitment to our Class II and...
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Willie Nelson-Themed Games Go Live on Everi’s New Wide-Area Progressive Link

03/28/18
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, reported today that the legendary country music of Willie Nelson , one of the most iconic American singer-songwriters of all time, recently debuted on casino floors with two new games featured on the Company’s Wide-Area Progressive (“WAP”) link.
The two new games for Everi’s popular Player Classic® mechanical reel cabinet which is enhanced with a 55-inch overhead display screen – Willie Nelson’s Shotgun Willie™ and Willie Nelson’s Whiskey River™ – are now live at several Class III tribal casinos in California and Louisiana and will soon launch at multiple Class II tribal casinos. The Company expects to place Willie Nelson-themed WAP games in many Class II and Class III tribal casinos over the coming months. Featuring classic Willie Nelson songs such as Whiskey River and Shotgun Willie, players will delight at the possibility...
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Everi Partners With Leading Independent Game Design Studio, bZillions, for Development of New Game Content

03/21/18
Furthering its commitment to bring new and engaging content to casino players at an accelerated rate, Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions announced today that is has partnered with bZillions, Inc., a leading independent game design studio based in Las Vegas , for the development of new gaming content.  The new partnership, focused on creating games for Everi’s mForce ® platform, calls for the bZillions game development team to develop content for at least 10 new games for several of the Company’s newest gaming cabinets – including the Empire MPX™ (“E43”) and the Empire 5527™ (“E5527”) – over the next twelve months.
bZillions is led by Steve Weiss, an industry veteran with more than 30 years of casino game development and manufacturing experience, including as co-founder and CEO of game design company Colossal Gaming, Inc. which developed a number of...
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Everi Reports 2017 Fourth Quarter and Full Year Results

03/13/18
Q4 Revenues of $247.9 Million, Net Loss of $25.0 Million, Inclusive of a $37.1 Million Loss on Extinguishment of Debt, and Adjusted EBITDA of $51.3 Million Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2017. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended December 31,       2017     2016       (in millions, except per share amounts)   Revenues                     $ 247.9       $ 217.5                     Operating income (loss) (1)   $ 18.1     $ (140.0 )                   Net loss (1)(2)   $ (25.0 )   $ (217.3 )                   Net loss per diluted share (1)(2)   $ (0.37 )   $ (3.29 )                   Diluted shares outstanding     67.8       66.1                     Adjusted EBITDA (3)   $ 51.3     $ 49.4 (1) Operating loss, net loss and net loss per diluted share for the three months ended December 31, 2016 included a non-cash $146.3 million goodwill...
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Lucky Player Hits Nearly $1 Million Jackpot on Everi Class II Wide-Area Progressive

03/12/18
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, reported today that a lucky player at recently opened The Riverstar Casino in Terral, Oklahoma , won the Company’s second-ever wide-area progressive (“WAP”) jackpot on March 6th . The winner hit a jackpot of more than $990,000 while playing Black Diamond ® , one of four three-reel mechanical game themes featured on Everi’s Jackpot Lockdown™ WAP link.
Jackpot Lockdown was one of the first WAP links developed exclusively for Class II markets, going live for the first time in late February 2017 at four casinos. The Jackpot Lockdown WAP link is currently available at 29 casinos in 10 states and includes games featuring premium licensed content. “Our Jackpot Lockdown wide-area progressive linked games are proving to be very popular with casino patrons since their introduction and we are thrilled that one lucky player in Oklahoma...
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Everi Holdings to Report 2017 Fourth Quarter and Full Year Results on March 13 and Host Conference Call and Webcast

02/27/18
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2017 fourth quarter and full year results after the market closes on Tuesday, March 13, 2018 , and host a conference call and simultaneous webcast at 5:00 p.m. ET that day.  Both the call and webcast are open to the general public.
The conference call may be accessed live over the phone by dialing (800) 289-0438 or for international callers by dialing (323) 794-2423.  A replay will be available beginning at 8:00 p.m. ET that day and may be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers; the PIN number is 6224496.  The replay will be available until March 20, 2018. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About the Company
Everi is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and...
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Everi Extends Agreement With New York Lottery to Provide Video Lottery Gaming Central System

02/06/18
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions announced today that its Everi Games Holding Inc. subsidiary has extended its 14 year collaboration with the New York Lottery with a new agreement to provide the video lottery central system to the New York Lottery for an additional two years through December 2019.  Everi’s central system currently manages approximately 19,000 Video Lottery Terminals (“VLTs”) installed at nine locations in New York State and the Company earns a percentage of the net revenue generated by the installed VLTs. Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “We are extremely proud of what we have accomplished in collaboration with the New York Lottery since our central system first went live at Saratoga Raceway in January 2004.  As the installed base of VLTs has grown dramatically since then we have invested in our system in...
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Everi Appoints Harper Ko, Executive Vice President, Chief Legal Officer – General Counsel

01/16/18
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions announced today the appointment of Harper Ko as Executive Vice President, Chief Legal Officer – General Counsel, effective immediately. Ms. Ko, who has direct responsibility for all of Everi’s legal and regulatory compliance affairs, brings to the Company extensive expertise in the casino gaming industry with over 17 years of corporate legal and regulatory compliance experience on behalf of gaming equipment suppliers and casino operators.  She most recently served as Deputy General Counsel, Gaming for Scientific Games Corporation, a $2.9 billion gaming and lottery equipment and services supplier.  During her time in this position from November 2014 – December 2017, Ms. Ko led a team of attorneys and related administrative staff with a wide responsibility for all commercial revenue matters within its global Gaming and Interactive...
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Stock Quote: NYSE

NYSE EVRI $7.99

% Change -0.25%

Today's Open 8.00

Volume 397,157

Intraday High 8.20

Intraday Low 7.87

52 Week High 8.99

52 Week Low 6.08

Change -0.02

Previous Close 8.01

Aug 15, 2018 04:02 PM Minimum delay 20 minutes

Contact Us

Primary Everi IR Contact
Richard Land and Jim Leahy

JCIR
212-835-8500
evri@jcir.com

Transfer Agent
Broadridge Corporate Issuer Solutions, Inc.
1717 Arch St., Suite 1300
Philadelphia, PA 19103 215-553-5400
http://www.broadridge.com

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