11/15/18
Company to Deliver Award-Winning TournEvent Slot Tournament Systems and Gaming Machines to All 35 Casino Properties in 2019
LAS VEGAS, Nov. 15, 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, announced today the British Columbia Lottery Corporation (“BCLC”) has approved the Company’s award-winning TournEvent® slot tournament system for deployment at all casino properties in the province. The first TournEvent systems and related electronic gaming machines are expected to ship to 11 properties in December 2018 for installation in January 2019. Systems and gaming devices are expected to ship to the remaining 24 properties during the first half of 2019. “We appreciate the BCLC’s extensive review and approval of our TournEvent system among a competitive field,” said Ed Peters, Executive Vice President, Sales and Marketing, at Everi. “As...
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11/06/18
Revenues of $120.3 Million, Net Income of $2.1 Million or $0.03 per Diluted Share and Adjusted EBITDA of $58.3 Million Ninth Consecutive Quarter of Consolidated Revenue and Adjusted EBITDA Growth LAS VEGAS, Nov. 06, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the third quarter ended September 30, 2018. Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Our third quarter results reflect the ongoing progress we are achieving through the execution of key initiatives, including the successful introduction of new products for our Games and Financial Technology Solutions (“FinTech”) businesses which are driving consistent growth. We generated our ninth consecutive quarter of year over year revenue and Adjusted EBITDA growth, with revenue increasing 17.3% to $120.3 million and Adjusted EBITDA rising 9.6% to $58.3 million. We also generated our third consecutive quarter of positive net...
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11/05/18
LAS VEGAS, Nov. 05, 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, announced today a four-year extension of its cash advance, ATM, check warranty, and redemption device services agreement with Penn National Gaming, Inc. (NASDAQ: PENN) (“Penn National”), the nation’s largest regional gaming operator with 40 properties in 18 jurisdictions throughout the United States.
Everi will also serve as the exclusive supplier of any new kiosk hardware deployed at Penn National sites during the extended agreement term. Everi has been a long time provider of ATM, cash advance, and check warranty services for Penn National as well as ATM and cash advance services for Pinnacle Entertainment prior to its recent acquisition by Penn National. “Extending our agreement to provide a full range of cash access services for Penn National is a testament to the...
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10/18/18
LAS VEGAS, Oct. 18, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2018 third quarter results after the market closes on Tuesday, November 6, 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 today and may be accessed by dialing (844) 512-2921 or (412) 317-6671 for international callers; the PIN number is 2679513. The replay will be available until November 13, 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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10/12/18
Tanya S. from Pines Restaurant & Casino Evergreen Park, Alberta, Canada, Awarded $1 Million Grand Prize* Tanya S. of Pines Restaurant & Casino Evergreen Park, Alberta, Canada Wins $1 Million Grand Prize* LAS VEGAS, Oct. 12, 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, crowned Tanya S. representing Pines Restaurant & Casino, Evergreen Park, in Grande Prairie, Alberta, Canada, the winner of its sixth annual TournEvent of Champions® The Million Dollar Event® on October 10 at XS Nightclub in the Wynn/Encore Las Vegas Resort. Tanya S. walked away with the grand prize of $1 million* and a cruise for two on a Norwegian Cruise Line® ship, having overcome 166 competitors and bringing to a conclusion the premier slot tournament in North America. “On behalf of Everi, congratulations to Tanya S. from Pines Restaurant & Casino,...
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10/09/18
LAS VEGAS, Oct. 09, 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, announced today that it has entered into a three-year agreement with Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”) to provide its CentralCredit ® services to select Caesars casino properties. This industry-leading service is used by casino operators to make real-time decisions when it comes to extending credit lines for guests.
“Securing a long-term extension for our CentralCredit® solution with Caesars Entertainment is another proof point of our ability to offer the industry’s most effective financial technology products that help our customers manage their operations,” said Darren Simmons, Business Leader, Financial Technology Solutions, at Everi. “Similar to other solutions in our Intelligence toolkit, CentralCredit® increases our casino partners’...
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10/08/18
Platform Positions Company to Accelerate Delivery of Proven Land-Based Game Content to Online Social and Real-Money Markets LAS VEGAS, Oct. 08, 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, is now delivering a comprehensive portfolio of interactive gaming products with the launch of its Remote Game Server (“RGS”) which it will unveil at the 18 th annual Global Gaming Expo (G2E®) at the Sands Expo and Convention Center in Las Vegas from October 9-11. Alongside the Company’s most diverse lineup of Games and FinTech solutions, Everi will show casino operators how they can seamlessly create an online gaming entertainment community uniquely tailored to their brand and player strategies through the RGS.
The RGS is a platform to develop and distribute new games with a strategy that allows operators to launch land-based, online...
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10/03/18
Company’s Leading Solutions Help Maximize Funds Delivered to the Casino Floor, Enable Data-Driven Decisions, and Set the Stage for the Transformation of Financial Technology Solutions Across the Casino Enterprise LAS VEGAS, Oct. 03, 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, will debut a comprehensive portfolio of financial technology solutions that optimize casino operations and enhance the guest experience at the 18 th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1116) in Las Vegas from October 9-11. Alongside the Company’s largest-ever lineup of Games solutions, Everi FinTech will display its latest innovations that help operators responsibly deliver more cash to the casino floor and allow casino operators to maintain the highest level of compliance, all while driving gaming and...
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10/02/18
G2E Highlights Include Debut of All-New Empire DCX Premium Cabinet; Company’s First Mechanical Wheel Top Box; Growing Portfolio of Licensed Content; Significantly Expanded Library of Gaming Themes; and Industry Unique Form Factors Finale of Sixth Annual TournEvent of Champions Features 166 Participants Competing for $1 Million* Grand Prize LAS VEGAS, Oct. 02, 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, will debut a comprehensive portfolio of gaming entertainment solutions that will help casino operators deliver a more engaging experience for their players at the 18 th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1116) in Las Vegas, Nevada, from October 9-11. Alongside a deep lineup of innovative Financial Technology solutions, Everi Games will display new cabinets and games, including...
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09/07/18
LAS VEGAS, Sept. 07, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today that its senior management will be participating in two upcoming institutional investor conferences:
Bank of America Merrill Lynch’s 2018 Gaming & Lodging Conference on Thursday, September 13 at the Bank of America Tower in New York. Randy Taylor, Executive Vice President and Chief Financial Officer, and Mark Labay, Senior Vice President, Strategic Development & Investor Relations, will conduct individual and group meetings with institutional investors throughout the day. Stifel’s 5th Annual Stifel Baltusrol Executive Summit on Monday, September 17 in New Jersey. Michael Rumbolz, President and Chief Executive Officer, and Mr. Taylor will conduct individual and group meetings with institutional investors throughout the day. About Everi Holdings Everi is a leading...
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09/05/18
Analyst Day Presentations to be Available via Webcast LAS VEGAS, Sept. 05, 2018 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today that it is hosting an Analyst Day on Wednesday, September 26, 2018 in Chicago, IL. The Analyst Day will include presentations from Michael Rumbolz, President and Chief Executive Officer, and Chief Financial Officer, Randy Taylor, as well as other members of the Company’s senior management team. Management’s presentations will address the Company’s current and long-term strategic focus as well as its financial growth outlook. The Analyst Day will include a question and answer session and a sneak preview of the Company’s G2E product demonstrations for in-person attendees following management’s presentations. The Analyst Day will be webcast live on the Company’s website beginning at 9:00 a.m. CT (10:00 a.m. ET). Interested parties may...
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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