11/09/16
Q3 Revenues of $222.2 Million, Net Loss of $8.3 million and Adjusted EBITDA of $51.6 Million Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the third quarter ended September 30 , 2016.
Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended September 30, 2016 September 30, 2015 (in millions, except per share amounts) Revenues $ 222.2 $ 208.7 Operating income (1) $ 11.6 $ 14.7 Net loss (1) $ (8.3 ) $ (6.1 ) Net loss per diluted share (1) $ (0.12 ) $ (0.09 ) Diluted shares outstanding 66.0 65.9...
Read More »
10/26/16
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2016 third quarter results after the market closes on Wednesday, November 9, 2016 , 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) 245-0987 or for international callers by dialing (913) 312-1486. 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 1399069. The replay will be available until November 16, 2016. 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...
Read More »
09/29/16
Lisa K. from Riverwalk Casino Hotel Awarded $1 Million Grand Prize* Following several rounds of thrilling slot tournament competition on September 28 at XS Nightclub in the Wynn/Encore resort in Las Vegas, Nevada, Lisa K. representing Riverwalk Casino Hotel in Vicksburg, Mississippi bested 142 competitors and was named the 2016 TournEvent of Champions® grand prize winner. Presented by Everi Games Inc. and now in its fifth year, TournEvent of Champions is the gaming industry’s premier slot tournament competition featuring a championship round with $1.3 million in total cash prizes.
As the 2016 TournEvent of Champions grand prize winner, Lisa K. received $1 million*, a TournEvent of Champions championship ring, and a cruise for two on Norwegian Cruise Line®. Rebranded as The Million Dollar Event™ in 2015, this year’s TournEvent of Champions campaign included 89 casinos from across the U.S., Canada, and Peru, and saw more than 200,000 players participating in qualifying slot...
Read More »
09/22/16
Everi’s TournEvent for Charities will bring celebs and media pros to the G2E floor for a fun-filled slot machine tournament benefitting the players’ charities of choice
Everi, the casino industry’s single source provider of gaming products and payments solutions, will host its annual TournEvent® for Charities slot tournament, pitting celebrities and media-about-town against each other in the ultimate slot machine showdown benefitting each player’s charity of choice. With a lineup including popular Vegas acts like Penn & Teller, Carrot Top, Terry Fator and more, onlookers are sure to have SLOTS of fun watching the TournEvent-for-a-Cause unfold! TournEvent for Charities kicks off at 2 p.m. on Tuesday, September 27 in Everi’s booth #1116 at the 2016 Global Gaming Expo ® (“G2E”) at the Sands Expo Center. Twenty-four top media, performers and personalities including George Wallace , Chef Rick Moonen and Robin Leach will help Everi and TournEvent for Charities contribute to many...
Read More »
09/19/16
VizExplorer Technology Selected to Power Data Collection and Management of Suspicious Activity Notification and Reporting Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, today announced it has entered into an integration and technology license agreement with VizExplorer, a leading provider of operational intelligence solutions to the gaming industry. Pursuant to the new partnership, VizExplorer will be Everi’s exclusive partner for AML systems and Everi Payments will integrate VizExplorer's proprietary platform with Everi's Anti-Money Laundering (AML) Compliance solution for casinos to provide enhanced suspicious incident identification for Everi Compliance™ users.
Everi will leverage VizExplorer’s Data Integration Hub to provide faster queries over large sets of AML Compliance data to enhance the depth of the information provided with Everi Compliance, and create...
Read More »
09/15/16
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 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 16th 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...
Read More »
09/12/16
Introduction of Company’s First Games Based on Popular Entertainment Brands Deliver New Levels of Exciting Player Entertainment Highlighting a significant milestone in expanding its content portfolio to include new slot games that incorporate popular entertainment brands, Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, today announced that it will debut seven new games based on powerful licensed brands at the 16 th annual Global Gaming Expo (G2E®). The new license-based games debuting at G2E 2016 are Penn & Teller™, Casablanca™, and Fruit Ninja™ along with four popular DreamWorks Classics™ brands – Underdog™, Richie Rich™, Casper the Friendly Ghost™ and Hot Stuff, the Little Devil™. Everi’s newest games will debut on a variety of gaming platforms including two games debuting on the Company’s new Empire MPX™ cabinet representing its first-ever wide-area progressive (“WAP”)...
Read More »
09/06/16
143 Players Will Compete in The Million Dollar Event for a Shot at $1 Million Grand Prize* After five months of intense TournEvent of Champions® qualifying tournaments at 89 casinos across the U.S., Canada , and Peru , the stage is set for the thrilling conclusion to TournEvent of Champions®, the gaming industry’s premier slot tournament competition, presented by Everi Games Inc. (NYSE:EVRI) (“Everi” or the “Company”). Finalists from this year’s participating casinos will gather in Las Vegas and compete for slot tournament supremacy at The Million Dollar Event™, which is scheduled to begin at 5 p.m. PT on Wednesday, September 28 at XS Nightclub in the beautiful Wynn/Encore resort. The TournEvent of Champions finale will also be live streamed over the internet at https://www.twitch.tv/everigames , providing slot tournament fans at home with a front row seat to all the action.
Now in its fifth year, TournEvent of Champions is powered by Everi’s award-winning TournEvent® system,...
Read More »
08/09/16
Q2 Revenues of $214 Million, Net Loss of $10.8 million and Adjusted EBITDA of $51.2 Million Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the second quarter ended June 30 , 2016.
Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended June 30, 2016 June 30, 2015 (in millions, except per share amounts) Revenues $ 214.0 $ 206.4 Operating income (1) $ 6.1 $ 16.3 Net loss (1) $ (10.8 ) $ (12.7 ) Net loss per diluted share (1) $ (0.16 ) $ (0.19 )...
Read More »
07/26/16
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2016 second quarter results after the market closes on Tuesday, August 9, 2016 , 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) 801-6507 or for international callers by dialing (913) 312-9306. 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 4890547. The replay will be available until August 16, 2016. 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...
Read More »
07/20/16
New Game Redefines the Traditional Slot Machine with Penn & Teller’s Unique Entertainment Style; Will Debut at G2E® in September Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, today announced that it has partnered with Las Vegas legends Penn & Teller to develop a slot machine that perfectly captures the duo’s unique magic and comedy experience that has entertained audiences for nearly 40 years. The new Penn & Teller slot machine will debut at the 2016 Global Gaming Expo (G2E ® ), to be held on September 27-29 at the Sands Expo Center in Las Vegas , and is one of several licensed games Everi plans to unveil during the casino industry’s biggest tradeshow of the year.
“Our game designers are focused on creating unique, engaging games that stand out from the competition to capture the attention of players and deliver great returns for our casino customers,” said...
Read More »
07/06/16
Everi Expands Availability of Proven Game Content on Interactive Channels through Spin Games’ Leading Global Social and Real Money Wagering Platforms Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, today announced it has entered into a content integration and technology license agreement with Spin Games LLC (“Spin”), the premier provider of innovative content and smart solution HTML5 technology to interactive and social gaming operators. Pursuant to the new partnership, Spin will integrate Everi’s gaming content throughout North American and European I-gaming jurisdictions through the ROC TM (Robust Online Client), Spin’s best-of-breed HTML5 remote gaming server (RGS).
Everi will leverage Spin Games’ leading technology capabilities for social and real money wagering platforms to deliver an extensive portfolio of popular slot gaming titles to mobile devices, desktop...
Read More »
05/10/16
- Michael D. Rumbolz Appointed President and Chief Executive Officer -
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the first quarter ended March 31, 2016. Everi also announced that Michael D. Rumbolz has been appointed as the Company’s President and Chief Executive Officer, effective immediately. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended March 31, 2016 March 31, 2015 (in millions, except per share amounts) Revenues $ 205.8 $ 207.5 Operating income (1) $ 3.8 $ 28.1 Net (loss) income (1) $ (13.2 ) $ 0.5 Net (loss) income per diluted share (1) $ (0.20 ) $ 0.01 Diluted shares outstanding 66.0...
Read More »
05/10/16
Agreement Includes Sale of 200 TournEvent® Units and Placement of 50 Premium Participation Units across 28 Casino Properties Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) announced today that it has entered into an agreement with the Alberta Gaming & Liquor Commission (the“AGLC”) for the sale of 200 TournEvent® units and the placement of 50 premium participation units across 28 casino properties in the province. The new agreement expands Everi’s partnership with the AGLC to now include both electronic gaming machines (“EGMs”) and payments solutions following the successful completion of a trial of the Company’s EGMs. The Company expects the TournEvent units to go live in facilities across Alberta, Canada by early in the fourth quarter of Everi’s calendar 2016. The premium participation games will be installed over the course of the second and third quarters of Everi’s calendar 2016.
“For over 19 years, Everi has provided facilities in Alberta with a diverse...
Read More »
05/05/16
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino industry’s only single source provider of payments, gaming, and intelligence products that power the casino floor , announced today that its Everi Bet™ solution was named to Casino Journal ’s annual list of the Top 20 Most Innovative Gaming Technology Products for 2015. The top products were selected by a panel of industry experts and will be profiled in the June 2016 issue of Casino Journal .
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. In addition, each Everi Bet-enabled game title is offered in natural low, mid, and high denomination configurations. “We pride ourselves on developing innovative solutions like Everi Bet that enables casino...
Read More »
04/28/16
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) will showcase some of the best of its gaming and payments products at the 2016 Southern Gaming Summit (Booth #808), to be held May 3-5, 2016 at the Mississippi Coast Coliseum & Convention Center in Biloxi, MS. As a leading provider of games and payments solutions to commercial and tribal casinos across the South, Everi is pleased to sponsor the region’s most important gaming show and continue its long-established partnership with both the Southern Gaming Summit and the Mississippi Gaming & Hospitality Association .
“Over the years, Everi has developed an expansive games and payments presence with casino operators across the South and we understand the importance of supporting key industry events like the Southern Gaming Summit,” said Michael D. Rumbolz, Interim President and Chief Executive Officer of Everi. “We look forward to making our presence felt in Biloxi and plan to showcase our diverse and comprehensive...
Read More »
04/26/16
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2016 first quarter results after the market closes on Tuesday, May 10, 2016 , 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) 713-4542 or for international callers by dialing (913) 312-9309. 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 7074267. The replay will be available until May 17, 2016. 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...
Read More »
03/15/16
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 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 December 31, 2015 referenced below include a full quarter of operating results. Unless otherwise noted, the results for the 2014 fourth quarter and 2014 full year referenced below include 13 days of operations from the Games segment that occurred after the closing of the Multimedia acquisition. Consolidated Full Quarter Comparative Results (unaudited) Three Months Ended Three Months Ended December 31, 2015 December 31, 2014 (in millions, except per share amounts) Revenue $ 204.4 $ 152.1 Operating (loss) income (1) $ (68.9 ) $ 0.4 Net loss (1) $ (86.6 ) $ (5.7 ) Net loss per diluted share (1) $ (1.31 ) $ (0.09 )...
Read More »
03/14/16
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) announced today that as the first company in the casino industry to offer an EMV-chip signature option for ATM devices, it is now fully end-to-end EMV-compliant with all its financial transaction devices, platforms, and systems used at hundreds of casino properties across the U.S.
EMV chip technology is an important fraud prevention tool fast becoming the global standard for credit card and debit card payments. Microprocessor chips that store and protect cardholder data are embedded in payment instruments, such as cards or mobile phones, and connect with a card reader to authenticate transactions. However, unlike with traditional magnetic strip-based cards, EMV chip technology is nearly impossible to duplicate and can significantly reduce fraud when combined with other forms of payment security. “Our team has worked hard to ensure that our products are EMV compliant, updating more than 7,000 touchpoints across our...
Read More »
03/09/16
Everi Holdings Inc. (NYSE:EVRI) will showcase how its top gaming, payments, and compliance products power the casino floor on March 13-16 in Phoenix at the 31 st Annual Indian Gaming Tradeshow & Convention , presented by the National Indian Gaming Association (NIGA). As a leading partner to tribal casinos for decades, Everi is pleased to be a part of the industry’s premier event that will feature the latest casino product innovations and solutions.
“We pride ourselves in offering a complete suite of products that address the needs of tribal operators and look forward to demonstrating how our products can help them achieve optimal results across all areas of their business,” said Michael Rumbolz, Interim President and Chief Executive Officer of Everi. “Our diverse mix of products sets us apart from the competition. We have created a unique value proposition giving Everi a significant advantage as the casino industry’s single source provider of quality gaming and payments...
Read More »
03/02/16
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2015 fourth quarter and full year results after the market closes on Tuesday, March 15, 2016 , 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) 801-6492 or for international callers by dialing (913) 312-0422. 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 7271455. The replay will be available until March 22, 2016. 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...
Read More »
03/01/16
Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) announced today that the Company’s Board of Directors (the “Board”) has appointed Eileen F. Raney to the Board effective February 25 , 2016. Ms. Raney, who the Board believes satisfies the criteria as an independent director for the purposes of New York Stock Exchange rules, was also appointed to serve as a member of the Audit Committee (and determined to be an Audit Committee Financial Expert), Nominating and Corporate Governance Committee, and Compensation Committee of the Board. Her appointment expands the size of the Board to six members.
Ms. Raney served in a number of positions at Deloitte & Touche USA from 1998 to 2007. She began her career with Deloitte in the Integrated Health Group as Western Regional Leader and National Co-Leader and then as National Global Leader between 1998 and 2000. She also served as a member of the Board of Directors and Global E-Business Leader of Human Capital at Deloitte...
Read More »
02/16/16
Everi Reaffirms Outlook for 2015 Adjusted EBITDA LAS VEGAS -(BUSINESS WIRE)- The Board of Directors (the "Board") of Everi Holdings Inc. (NYSE:EVRI) (the "Company", "Everi") today announced the appointment of current Director, Michael D. Rumbolz , to the role of Interim President and Chief Executive Officer (collectively, "CEO"). The Board has formed a search committee to identify a qualified candidate to serve as the Company's permanent CEO. The Board voted to remove Ram V. Chary from his positions as the Company's President, CEO and Board member, effective on February 13, 2016 . "While this was a difficult decision, the Board believes this move is in the Company's best interest," said E. Miles Kilburn , Chairman of the Board. The Board will consider internal and external candidates for the role, and expects to hire a CEO who has a strong track record of success. "Our search committee is working diligently to identify a qualified successor for the role of permanent CEO, and during...
Read More »