Everi to Debut New Payments Solutions that Extend Industry Leadership and its Largest Ever Portfolio of Games and Technology Innovations for the Casino Slot Floor

TournEvent of Champions® to Crown Champion with $1 Million Top Prize on Wednesday, September 28

LAS VEGAS, Sept. 15, 2016 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), will demonstrate the industry’s only comprehensive portfolio of gaming entertainment and payments solutions that help casino operators deliver a transcendent experience for their players at the 16^th annual Global Gaming Expo (G2E®) at the Sands Expo and Convention Center (Booth #1116) in Las Vegas, Nevada from September 27-29.  Debuting at G2E 2016 will be new innovative Payments solutions that help provide funds to the casino floor and highlight the Company’s best-in-class compliance and regulatory solutions.  Everi’s Games portfolio display will feature its largest and most diverse set of products ever, including 75 unique gaming themes led by exciting new licensed titles that represent the Company’s reemergence into the branded content space, new hardware innovations including the Empire MPX™ premium participation cabinet, Everi’s first-ever wide-area progressive offerings for Class II markets, and a new skill-based gaming offering.  In addition, Everi will host the fifth annual championship of the TournEvent of Champions which will conclude on September 28 with The Million Dollar Event™ and one lucky finalist walking away with a $1 million* top prize. 

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Everi is uniquely positioned as the gaming industry’s only provider of both games and payments solutions that help our customers optimize their players’ experiences as well as their internal payments processes.  G2E 2016 will give Everi the opportunity to showcase our most advanced and diverse set of solutions designed to help casino operators increase player engagement and time on device as well as operate more efficiently.  With over 100 distinct gaming products and 20 advanced Payments solutions on display, this will be our largest G2E ever and we expect that our showing will begin to fulfill the promise of our investments in casino gaming technology innovation.”

Extending Payments Solutions Leadership Position
At G2E 2016, Everi will once again raise the bar on cash access products and compliance solutions.  The extensive portfolio of Payments products on display in the Company’s booth will represent the industry’s most encompassing suite of solutions that enhance casino operators’ ability to provide funds to the casino floor and operate at peak efficiency.  Everi is the first company in the casino industry to be fully end-to-end EMV compliant with all financial transaction devices, platforms and systems.

“Our focus remains on providing industry-leading solutions that enable our customers to provide funds to the floor, meet regulatory obligations and achieve the highest standard of network security,” added Mr. Rumbolz.  “Everi is the gaming industry’s leading provider of payments products and technology solutions and our strategic investments in new innovation and efforts to bolster that leadership position will be on full display at G2E.”

New Payments solutions on display at G2E 2016 include:

Everi's CashClub Wallet™ allows gaming customers to store and manage their payment methods, hold their funds, easily move funds in and out of the casino, and set velocity settings to better manage their spend and support responsible gaming. The architecture of CashClub Wallet is focused on driving land-based play with the ability to manage existing casino system wager accounts while easily integrating and adding additional casino wager accounts and currencies as needed in the future.

Everi ID™ is a new proprietary technology that helps casinos meet regulatory obligations for validating patron identification and performing customer due diligence.  Integrated with Everi Compliance™ and CashClub, Everi ID is the industry’s most advanced patron data information gateway. 

Jackpot Xpress™ allows slot and floor staff to securely and efficiently process and pay jackpots at the player’s gaming machine with a mobile device. Jackpots are processed through integration with slot accounting systems and the casino operator can collect, verify and record winning patron information at the point of play.  In addition, Jackpot Xpress fully renders and completes all necessary IRS forms, and is integrated with Everi Compliance and Everi’s JackpotXchange® kiosks. 

Everi’s new, fully re-engineered UniversalXchange(UXC) with Universal Integrated Management (UIM) kiosk software platform is built with an updated, simplified and common architecture, and will be used with all currently available Everi Xchange™ kiosk offerings.  UXC with UIM takes a modular approach for easy and quick installation of several of Everi’s most innovative offerings, including CashClub Self Service Check Cashing, Everi Cares™ Giving Module and QuikTicket™.

VersatileXchange™ (VXC) is a new, smaller, non-cash dispensing kiosk from Everi featuring a bill acceptor, card reader, TITO printer and card dispenser that enhance casino operator efficiency.  The VXC supports all funds dispensing kiosk functionality (Check Cashing, POS Debit, and Cash Advance transactions) as well as all other innovative offerings such as charitable giving through Everi Cares Giving Module, issuing and loading Everi Stored Value Cards, and access to Everi’s CashClub Wallet.

JackpotXchange® (JXC-L) is a full service jackpot payout device that accurately processes jackpots, alleviates cage lines all with a smaller footprint than Everi’s traditional JackpotXchange kiosk.

Largest and Most Diverse Portfolio of Games Products in Company’s History
Everi’s showing at G2E 2016 will also feature over 90 total themes across 140 machines, including 75 new unique titles, seven titles based on popular branded content, a new premium participation gaming cabinet, innovative bonusing solutions and several new hardware offerings that help casino operators enhance their previous investments in Everi Games’ products.  The breadth of the new products on display at G2E 2016 will represent the Company’s most diverse portfolio of games, technologies and hardware offerings ever. 

“Everi Games continues to evolve and grow as we invest in the development of new games and products that help our customers grow their business.  Our game development teams in Austin, Chicago and Reno have created a portfolio of solutions debuting at G2E that elevate the entertainment level of our products and optimize player engagement.  By prioritizing technology innovation, executing on a robust hardware roadmap, delivering strong game theme support for all slot floor categories and featuring new games based on branded licenses, we have significantly expanded the value of our Games segment’s offerings,” added Mr. Rumbolz. 

New Games for the Core HDX™ Gaming Cabinet
Everi’s Core HDX gaming cabinet continues to receive favorable player and customer reaction.  The Company’s first new base game cabinet in over eight years, Core HDX features dual widescreen 23” monitors with 1080p HD capability, integrated touchscreens and a premium 3-way sound system.  It also includes game-controlled lighting, ergonomic controls and an integrated LCD button panel that can display a mini bingo touchscreen for Class II settings. The eye-catching cabinet is topped by a custom premium LCD top box with game-controlled lighting and can even be fitted with Everi’s Apex N™ topper which enables the display of synchronized video content across banks of up to sixteen cabinets.

At G2E 2016, Everi will debut several new games including Great Tiger™ and Pearl Princess™ which feature the EveriWays Pays™ game feature that offers players a new way to play. Symbols pay any way on adjacent reels from left to right, instead of via traditional paylines, allowing players to focus on winning combinations without worrying about paylines.  Other new games include a video version of Black Diamond®, Carnival in Rio® Wild Match and Lucky Pony™.  The Core HDX games on display will also feature Everi’s award-winning Everi Bet™ technology.  Everi Bet is a unique wager configuration feature that allows casino operators to optimize their gaming floors for maximum returns.  Casino operators can easily configure Everi Bet-enabled games and preserve their hit rate by keeping the original number of lines, thus maintaining the game’s intended volatility. Each Everi Bet-enabled game title is also offered in natural low, mid, and high denomination configurations.

Powerful Resurgence in Branded Content
At G2E 2016, Everi will debut seven new games based on powerful licensed brands:

Penn & Teller™ and Casablanca™ will debut on the Company’s new Empire MPX™ cabinet.  The premium participation Empire MPX cabinet features a 40-inch full HD display, game-controlled lighting with backlight feature, a new ergonomic LCD button deck, a mobile device recharge dock with two USB ports, two overhead spotlight features and an optional 65-inch full HD overhead Foundation™ sign.  Key to the Empire MPX feature set is its ability to offer casino operators the flexibility to “nest” the cabinets in several different bank configurations, allowing for more cabinets in a dedicated space.  Penn & Teller and Casablanca are five reel video games that will be offered as WAP games for Class II markets (the Company’s first ever Class II WAP games) and as premium daily lease fee games with a local-area progressive top prize for Class III markets.

The standalone premium participation Fruit Ninja™ game features unique skill-based game play as players slice fruit using the game’s unique Swipe Touch technology while operators can set the underlying skill level.  Underdog, a five-reel, 27 line video game, and Casper the Friendly Ghost, a five-reel, 40 line video game, will debut on the Core HDX and Player HD® cabinet.  New to the High Rise Games® series is Richie Rich, a five-reel video game featuring an 8-tier progressive.  Finally, Smokin Hot Stuff debuts at G2E 2016 as the first-ever licensed game for Everi’s three-reel mechanical Skyline™ series.

Banked Games and Hardware Platforms to Drive Player Engagement
Among the nine unique products and technologies debuting at G2E 2016 are new bonusing and hardware offerings that help increase player entertainment and engagement.  These include:

Jackpot Jump™ is a new series of premium progressive games with sleek signage and an LCD topper that highlights progressive win celebrations and cascading promotional videos.  The new series leverages the proven Jackpot Jump bonus feature with a larger linked progressive.  Jackpot Jump will debut with three unique themes: Fire Jewels™, Golden Riches™ and Payday Jackpots™. 

Everi’s Super Jackpot Series™ is a new premium linked progressive mechanical reel game banked solution that will debut at G2E 2016 with the Wild Gems®, Double Lion® and Seven Seas® themes.  The Super Jackpot Series features a 5-tier linked progressive and uses the Company’s eye-catching Foundation™ sign.

The Company’s G2E 2016 booth will also showcase new hardware innovations that help casino operators enhance their prior investments in Everi games.  Providing new levels of flexibility, the 65-inch, visually stimulating Foundation overhead sign is available with or without displays (casino operators can utilize their own displays) and offers a lower-cost hardware upgrade option.  It is available for several Everi gaming cabinets including the Core HDX and Player HD, and is also compatible with TournEvent and the new Jackpot Jump and Super Jackpot Series banked products.  Tower 370™ is a new premium top box featuring a wheel option for exclusive game themes on the Player HD and Player SLX cabinets.  Scheduled for introduction in the third quarter of 2016, Tower 370 will be showcased on the 7 Spins™, 9 Diamonds™ and Jackpot Inferno Fire Spins™ themes.  The new Game Crown™ premium top box offers a new look for select games on Everi’s Player HD and Player SLX cabinets.  Closing the gap between the visual engagement of the Company’s popular High Rise Games® premium top boxes and its standard video titles, Game Crown will be featured on the Sushi Sushi Bang Bang™ and Yardbirds® 2 Foxy's Revenge games.

New Innovations for TournEvent
The Company’s award-wining TournEvent® remains the industry’s leading slot tournament solution and Everi continues to innovate with new features that enhance operator flexibility and efficiency along with player entertainment.  In addition to the 16 distinct Core HDX cabinet themes for TournEvent on display, new innovations for TournEvent debuting at G2E 2016 include the next-generation Nitro media system.  Nitro features a visually exciting panoramic video display system and big win bank celebration that brings slot tournament gaming banks to life. A first of its kind tournament-mode, skill-based game element leveraging the Fruit Ninja brand will also debut for TournEvent, taking the slot tournament solution to the next level.

TournEvent of Champions Championship to Award $1 Million Top Prize
For the fifth year in a row, the TournEvent of Champions tour bus will take its place on the G2E show floor, marking the conclusion of another exciting year of TournEvent of Champions play across the U.S., Canada and Peru.  On the evening of Wednesday, September 28 at XS in the Wynn/Encore Las Vegas Resort, 143 finalists from 89 casinos will compete in The Million Dollar Event for a share of $1.3 million in cash prizes, including a $1 million* top prize. 

*The first place prize of US $1,000,000.00 is payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

Penn & Teller: TM and © Buggs & Rudy Discount Corp. Used under license. All rights reserved.

CASABLANCA and all related characters and elements © & ™ Turner Entertainment Co. (s16)

Fruit Ninja: TM and © Halfbrick Studios. Used under license. All rights reserved.

Casper the Friendly Ghost, Hot Stuff the Little Devil, Richie Rich and Underdog © 2016 Classic Media, LLC. All Rights Reserved.

About Everi Holdings
Everi Holdings is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency software. The Company’s Games business provides: (a) comprehensive content, electronic gaming units and systems for Native American and commercial casinos, including the award winning TournEvent® slot tournament solution; and (b) the central determinant system for the video lottery terminals installed at racetracks in the State of New York. The Company’s Payments business provides: (a) access to cash at gaming facilities via Automated Teller Machine cash withdrawals, credit card cash access transactions, point of sale debit card transactions, and check verification and warranty services; (b) fully integrated gaming industry kiosks that provide cash access and related services; (c) products and services that improve credit decision making, automate cashier operations and enhance patron marketing activities for gaming establishments; (d) compliance, audit and data solutions; and (e) online payment processing solutions for gaming operators in states that offer intrastate, Internet-based gaming and lottery activities.

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements often address our expected future business, plans, objectives and financial performance, and often contain words such as “goal,” “target,” “future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “project,” “may,” “should,” or “will” and similar expressions to identify forward-looking statements. These forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those projected or assumed, including, but not limited to, the risks identified in the "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Business" sections of our Annual Report on Form 10-K for the fiscal year ended December 31, 2015, as applicable, and the other risks identified from time to time in our other press releases, reports and filings with the SEC.  If any of our projections or assumptions prove to be incorrect, our actual results and the timing of certain events could differ materially from the forward-looking statements.

Contacts:

Media Relations
Linda Trinh
VP, Marketing & Promotions, Everi
512-334-7627 or linda.trinh@everi.com

Investor Relations
Richard Land, James Leahy
JCIR
212-835-8500 or evri@jcir.com