11/04/15
Everi Holdings Inc. (NYSE:EVRI) (the "Company") today announced that its wholly owned subsidiary, Everi Payments Inc. (the "Issuer"), has commenced an offer to exchange (the "Exchange Offer") up to $350.0 million in aggregate principal amount of 10.00% Senior Unsecured Notes due 2022, and related guarantees, which have been registered under the Securities Act of 1933, as amended (the "New Notes"), for an equal aggregate principal amount of its outstanding 10.00% Senior Unsecured Notes due 2022, and related guarantees, which were issued in a private placement (the "Old Private Notes"). The Old Private Notes are senior unsecured obligations of the Company and are guaranteed by certain of the Company's domestic subsidiaries (other than the Issuer). The Old Private Notes were issued under an indenture dated December 19, 2014 , as amended, and the New Notes will be issued under the same indenture. The terms of the New Notes are substantially identical to the Old Private Notes, except that...
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11/03/15
Reiterates Outlook for Fiscal 2015 Adjusted EBITDA of $200 Million - $205 Million Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company") today reported its financial results for the three months ended September 30, 2015 . As Everi completed the acquisition of Multimedia Games Holding Company, Inc. ("Multimedia") by way of a merger in December 2014 , the three months ended September 30, 2015 , referenced below include a full quarter of operating results. Everi today also reiterated its outook for 2015 full year adjusted EBITDA of between $200 million and $205 million . Everi management will host a conference call and webcast today at 5:00 p.m. ET. During the call, management will review several slides that are available as an exhibit to the Current Report on Form 8-K filed today with the Securities and Exchange Commission as well as at www.everi.com (select "Investors" followed by "Events & Presentations" and "Presentations"). Additional details for this afternoon's call and...
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10/20/15
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2015 third quarter results after the market closes on Tuesday, November 3, 2015 , 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) 289-0544 or for international callers by dialing (913) 312-0382. A replay will be available beginning at 8:00 p.m. ET that day and may be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the pin number is 4203465. The replay will be available until November 10, 2015. The call will also be webcast live on the Company's website at www.everi.com (Select "Investors" followed by "Events & Presentations"). About the Company Everi Holdings is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency...
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10/14/15
Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company") announced today that it has expanded its relationship with Desert Diamond Casinos & Entertainment ("Desert Diamond") to now include an agreement for the placement of a range of the Company's electronic gaming machines and payments solutions at the West Valley Resort in Glendale, AZ which is expected to open later this year. The West Valley Resort will be the newest casino owned and operated by Desert Diamond, part of the Tohono O'odham Gaming Enterprise, an enterprise of the Tohono O'odham Nation. The new agreement builds on Everi's existing relationship with Tohono O'odham Gaming Enterprise, which currently includes placements of games at the enterprise's Tucson and Sahuarita properties. Upon opening, West Valley Resort will feature multiple Everi gaming device banks, including the Company's revolutionary TournEvent® slot tournament system as well as a variety of video and mechanical reel gaming device titles, including...
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09/28/15
Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company") announced today that it has expanded its long-term partnership with Foxwoods® Resort Casino , one of the premier entertainment destinations in the Northeast. The recent inclusion of Everi's revolutionary TournEvent® slot tournament system to the Foxwoods gaming floor has been an overwhelming success, prompting the casino to increase its TournEvent bank of games. Widely recognized as the industry standard in slot tournament systems, TournEvent can be found in more than 300 casinos and can seamlessly switch from in-revenue gaming to out-of-revenue tournaments within seconds. TournEvent was recently upgraded and now offers more gaming titles and a number of enhancements designed to improve both player entertainment and operator efficiency. "TournEvent has been extremely popular with our guests and we couldn't be more impressed with the capabilities of this system," said Felix Rappaport , President & CEO Foxwoods Resort Casino...
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09/25/15
Recently Initiated Game Trial With Long-Term Payments Solutions Customer; Initial Placements Expected in Early 2016 Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company") announced today that the Alberta Gaming & Liquor Commission ("AGLC") has recently approved, and the Company expects to initiate, a live trial of its gaming machines in the province within the coming weeks. This expands the Company's relationship with the AGLC to now include the placement of electronic gaming machines at casino facilities in the province. Everi has provided a portfolio of payment solutions to Alberta casinos for over 19 years. Pending the successful completion of this trial, Everi anticipates continued placement of its standard and premium video and mechanical reel gaming machines, with potential expansion to additional facilities within the AGLC network beginning in early 2016. In addition, the Company expects to expand its Payments product placements in Alberta with JackpotXchange, an...
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09/24/15
Everi to Demonstrate Industry's Only Comprehensive Suite of Games and Payments Technology Solutions Everi Holdings Inc. (NYSE:EVRI) ("Everi" or the "Company") will feature the industry's first and only comprehensive portfolio of gaming entertainment, cash access, and intelligence solutions at the 15th annual Global Gaming Expo (G2E®) in Las Vegas, Nevada at the Sands Expo & Convention Center (Booth #1116) from September 29-October 1, 2015. Demonstrating how Everi "Powers the Casino Floor," the Company's featured portfolio on display will include the all-new Core HDX™ for sale gaming cabinet with exclusive gaming content, the award-winning Apex V™ topper, the newest version of TournEvent, Everi's industry-leading slot tournament system, the full-service CXC 3-in-1 kiosks, Everi Compliance™ solutions, and its CashClub® and CentralCredit™ integrated payments solutions. In addition, Everi will host the national final of the TournEvent of Champions which will conclude on September 30...
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08/24/15
New Brand Kickoff Begins With Ringing of NYSE Opening Bell Everi, a bold new brand name for the casino industry, launches this morning as senior management and Board members of Everi Holdings Inc. (NYSE:EVRI) join the Company's larger-than-life mascot, The Money Man®, at the New York Stock Exchange (NYSE) to ring the NYSE Opening Bell® at 9:30 a.m. ET. The new Everi Holdings Inc. ("Everi" or the "Company"; formerly Global Cash Access Holdings Inc.) "Powers the Casino Floor" as the casino industry's only sole-source provider of slot machine gaming entertainment and secure financial solutions. Born from the promise of possibility, the Company's new Everi brand is modern, forward thinking and premium. Signifying the Company's new direction, Everi is confident and dynamic. Ram V. Chary, President and Chief Executive Officer of Everi, commented, "We're excited to launch our organization's rebranding initiative, including a new corporate name and logo, as we highlight Everi's unique...
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08/18/15
Agreement for Portfolio of Gaming, Cash Access, Security and Intelligence Products Highlights Progress GCA is Achieving in Cross-Marketing of Industry-Unique Complementary Solutions Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA" or the "Company") announced today that it has secured placement of a suite of its electronic gaming machines and payments solutions with the Scarlet Pearl Casino Resort in D'Iberville, MS , which is scheduled to open at the end of this year. The initial agreement includes the sale and placement of multiple slot machine banks, including the Company's revolutionary TournEvent® slot tournament system. The award-winning TournEvent system enables operators to quickly and seamlessly switch from in-revenue gaming to out-of-revenue tournaments, bringing excitement to the slot floor. GCA video and mechanical reel slot machine titles, including Yardbirds®, Carnival in Rio®, and Wild Wild Gems® will also be featured at the Scarlet Pearl Casino Resort upon opening....
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08/13/15
New Name Highlights Successful Transition to a Full-Service Provider of Casino Gaming Equipment and Payments Solutions Global Cash Access Holdings, Inc. (NYSE:GCA) (the "Company" or "GCA") announced today that the Company's corporate name will change to Everi Holdings Inc. effective August 24, 2015 . The organization-wide rebranding, together with the Company's new logo and new corporate name, reflect the Company's successful transition to a full-service casino gaming equipment and payment solutions provider focusing on a broad range of opportunities to address customers' casino floor and technology needs. Concurrent with the August 24, 2015 name change, the Company will begin to trade under a new ticker symbol, "EVRI", on the New York Stock Exchange . To highlight the re-branding effort and celebrate the new ticker symbol, Company representatives will ring the opening bell at the New York Stock Exchange on August 24, 2015 . Ram V. Chary, President and Chief Executive Officer of GCA,...
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07/28/15
Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA" or the "Company") today reported its financial results for the three months ended June 30, 2015 . As GCA completed the acquisition of Multimedia Games Holding Company, Inc. ("Multimedia") by way of a merger in December 2014 , the three months ended June 30, 2015 referenced below include a full quarter of operating results. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended June 30, 2015 June 30, 2014 (in millions, except per share amounts) Revenue $ 206.4 $ 144.9 Operating income (1) $ 16.3 $ 9.6 Net (loss) income (1) $ (12.7) $ 4.7 Net (loss) income per diluted share (1) $ (0.19) $ 0.07 Diluted shares outstanding 67.0 67.1 Adjusted EBITDA (2) $ 52.4 $ 17.7 Cash earnings (3) $ 16.3 $ 13.4 Cash earnings per share ("Cash EPS") (4) $ 0.24 $ 0.20 (1) Operating income, net income and net income per diluted share include $0.4...
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07/14/15
Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA"), announced today that it will release its 2015 second quarter results after the market closes on Tuesday, July 28, 2015 , and will 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) 820-9409 or for international callers by dialing (913) 312-4372. A replay will be available beginning at 8:00 p.m. ET that day and may be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the pin number is 3807809. The replay will be available until August 4, 2015. The call will be webcast live from the Company's website at www.gcainc.com under the Investor Relations section. About GCA GCA 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...
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05/05/15
Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA" or the "Company") today reported its financial results for the three months ended March 31, 2015 . As GCA completed the acquisition of Multimedia Games Holding Company, Inc. ("Multimedia") by way of a merger in December 2014 , the three months ended March 31, 2015 referenced below included a full quarter of operating results. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended March 31, 2015 March 31, 2014 (in millions, except for per share amounts) Revenue $207.5 $150.6 Operating income (1) $28.1 $13.0 Net Income (1) $0.5 $7.5 Net Income per Diluted Share (1) $0.01 $0.11 Diluted Shares Outstanding 66.5 67.4 Adjusted EBITDA (2) $50.6 $19.4 Cash Earnings (3) $14.3 $14.9 Cash Earnings Per Share ("Cash EPS") (4) $0.22 $0.22 __________ (1) Operating income, net income and net income per diluted share included $1.5 million...
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04/21/15
Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA"), announced today that it will release its 2015 first quarter results after the market closes on Tuesday, May 5, 2015 , and will 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) 206-4893 or for international callers by dialing (913) 981-5549. A replay will be available beginning at 8:00 p.m. ET and may be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the pin number is 5019252. The replay will be available until May 12, 2015. The call will be webcast live from the Company's website at www.gcainc.com under the Investor Relations section. About Global Cash Access GCA 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...
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03/10/15
Global Cash Access Holdings, Inc. (NYSE:GCA) ("GCA" or the "Company") today reported financial results for the fourth quarter and full year ended December 31, 2014 . On December 19, 2014 , GCA completed the acquisition of Multimedia Games Holding Company, Inc. ("Multimedia Games"), creating a diversified organization dedicated to providing integrated payments solutions, video and mechanical reel gaming content and technology solutions, as well as compliance and efficiency software. Unless otherwise noted, all results for the 2014 fourth quarter and full year referenced below include 13 days of operations from Multimedia Games. Three Months Ended Three Months Ended December 31, 2014 December 31, 2013 (in millions, except for per share amounts) Revenue $152.1 $140.5 Operating income (1) $0.4 $11.2 Net (Loss) Income (1) ($5.7) $5.7 Net (Loss) Income per Diluted Share (1) ($0.09) $0.08 Diluted Shares Outstanding 66.4 67.4 Adjusted EBITDA (2) $24.0...
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03/09/15
Global Cash Access, Inc. , a wholly-owned subsidiary of Global Cash Access, Holdings, Inc. (NYSE:GCA) and a global provider of cash-to-floor solutions and business intelligence services for gaming establishments, today announced that it has signed a multi-year agreement with one of its top customers, Las Vegas Sands . The contract extends existing cash access services and expands the business relationship to include the deployment of integrated kiosks across the full gaming floors at the Venetian and Palazzo resorts in Las Vegas , as well as Sands Bethlehem in Pennsylvania . This strategic partnership demonstrates the continued momentum Global Cash Access has achieved in providing a full service, comprehensive value offering to premier operators like Las Vegas Sands . "We are extremely proud to expand our relationship with one of our premier customers, and look forward to demonstrating the operational benefits and financial value to Las Vegas Sands with our unique cash-to-floor...
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02/24/15
Global Cash Access Holdings, Inc. (NYSE:GCA), announced today that it will host a conference call and webcast on Tuesday, March 10, 2015 at 5:00 p.m. Eastern Time to review its fourth quarter 2014 financial results. A press release with these results will be issued shortly after the market closes on March 10, 2015 . The conference call may be accessed live over the phone by dialing (888) 656-7430 or for international callers by dialing (913) 981-5582. A replay will be available at 8:00 p.m. Eastern Time and may be accessed by dialing (877) 870-5176 or (858) 384-5517 for international callers; the pin number is 9117092. The replay will be available until March 17, 2015. The call will be webcast live from the Company's website at www.gcainc.com under the Investor Relations section. About Global Cash Access Holdings, Inc. GCA is dedicated to providing integrated gaming payments solutions, video and mechanical reel gaming content and technology solutions, as well as compliance and...
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