12/30/19
Strategic tuck-in acquisition further bolsters Everi’s competitive position in the growing market for casino-focused loyalty and marketing technology Advances Everi’s future-forward path to a “Digital Neighborhood” that provides an enhanced gaming experience for casino patrons while driving operator efficiencies Transaction expected to be immediately accretive to earnings and Adjusted EBITDA
LAS VEGAS, Dec. 30, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced that its wholly owned subsidiary Everi Payments Inc. has acquired certain strategic assets of Micro Gaming Technologies Inc. (“MGT”), a privately owned provider of self-service casino loyalty and marketing products and promotional tools and apps. MGT’s products, software and technologies for casino operators represent an attractive, complementary...
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12/12/19
LAS VEGAS, Dec. 12, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced that it successfully completed the repricing of the Senior Secured Term Loan under its Credit Agreement dated as of May 9, 2017 (as amended, the “Credit Agreement”). Amendments to the Credit Agreement have reduced the applicable interest rate on the Term Loan to a rate of LIBOR plus 275 basis points with a LIBOR floor of 100 basis points. The maturity of the Term Loan remains May 9, 2024.
About Everi Everi is a leading supplier of imaginative entertainment and trusted technology solutions for the casino, interactive, and gaming industry. With a focus on both customers and players, the Company develops entertaining games and gaming machines, gaming systems and services, and is the preeminent and most comprehensive provider of core...
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12/10/19
LAS VEGAS, Dec. 10, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced the completion of its previously announced underwritten public offering of 10,000,000 shares at a public offering price of $11.25 per share (“the Offering”). The Company also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price, which the underwriters exercised in full. Total net proceeds for the Offering were approximately $123,000,000, after underwriting discounts but before estimated offering expenses payable by the Company.
The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in one or more transactions, which may include the repayment of certain outstanding borrowings under...
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12/05/19
LAS VEGAS, Dec. 05, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $11.25 per share (the “Offering”), for net proceeds of approximately $107,000,000, after underwriting discount but before estimated offering expenses payable by the Company. The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price. The Offering is expected to close on December 10, 2019, subject to customary closing conditions.
The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in one or more transactions, which may include...
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12/04/19
LAS VEGAS, Dec. 04, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced that it has commenced an underwritten public offering of 10,000,000 shares of its common stock (“the Offering”). The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price. All of the shares being offered are to be sold by the Company. The Offering is subject to market conditions, and there can be no assurance as to whether or when the Offering may be completed.
The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in one or more transactions, which may include the repayment of certain outstanding borrowings under the Company’s existing term loan facility and/or the...
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11/19/19
Company Adds Leading Operator-Partner to Remote Game Server Which Provides Online Versions of Everi’s High Performing Land-Based Games LAS VEGAS, Nov. 19, 2019 (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 and loyalty solutions, announced today that GoldenNuggetCasino.com has exclusively launched the Company’s player-favorite Triple Threat ® and six other titles for online real-money play in New Jersey. GoldenNuggetCasino.com is now fully integrated with Everi’s Remote Game Server (“RGS”), providing Golden Nugget with direct access to the Company’s premium land-based titles for its iGaming platform, including additional titles expected to follow the exclusive launch.
“Our RGS integration with GoldenNuggetCasino.com is another significant milestone for our Interactive division as it positions us to accelerate the growth of this business by delivering...
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11/05/19
LAS VEGAS, Nov. 05, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the gaming industry’s premier single-source provider of gaming products, financial technology and loyalty solutions, announced today that the Company’s Board of Directors (the “Board”) has appointed Atul Bali to the Board effective November 4, 2019. Mr. Bali, whom the Board has determined 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 Board’s Audit Committee (and determined to be an Audit Committee Financial Expert), Nominating and Corporate Governance Committee, and Compensation Committee. His appointment expands the size of the Board to eight members.
Mr. Bali is currently non-executive Chairman of the Board of Meridian Tech Holdings Ltd., a regulated global emerging markets sports betting and online gaming firm, operating in Europe, Latin America, and Africa, and has held...
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11/05/19
Revenues increased 12% to a quarterly record $134.6 million, reflecting growth in both Games and FinTech revenues
Net income improved 350% to $9.3 million from $2.1 million; diluted earnings per share more than tripled to $0.12 from $0.03 a year ago Adjusted EBITDA increased 11% to a quarterly record $64.7 million Reiterates full-year revenues and Adjusted EBITDA guidance LAS VEGAS, Nov. 05, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the gaming industry’s premier single-source provider of gaming products, financial technology and loyalty solutions, today reported record financial results for the third quarter ended September 30, 2019 and reiterated its financial targets for the full year. “Our record quarterly financial results can be directly attributed to the value of our product development initiatives and the operating strategies we adopted. Together, these are driving ongoing growth across our business,” said Michael Rumbolz,...
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10/23/19
Tamar M. from del Lago Resort and Casino Awarded $1 Million Grand Prize* LAS VEGAS, Oct. 23, 2019 (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 and loyalty solutions, crowned Tamar M. the winner of its seventh annual TournEvent of Champions® The Million Dollar Event® on October 16 at XS Nightclub in the Wynn/Encore Las Vegas Resort. Tamar M., representing del Lago Resort and Casino in Waterloo, New York, walked away with the grand prize of One Million Dollars*, bringing to a conclusion the industry’s premier slot tournament.
“Congratulations to Tamar M. from del Lago Resort and Casino for winning this year’s TournEvent of Champions The Million Dollar Event,” said Ed Peters, Executive Vice President, Sales and Marketing, at Everi. “Since its start as statewide slot tournaments in California and Washington in 2012, we have offered the premier slot...
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10/17/19
LAS VEGAS, Oct. 17, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2019 third quarter results after the market closes on Tuesday, November 5, 2019, 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) 239-9838 or for international callers by dialing (323) 794-2551. 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 7029323. The replay will be available until November 12, 2019. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About Everi Holdings
Everi (NYSE: EVRI) is a leading supplier of imaginative entertainment and trusted technology solutions for the casino,...
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10/14/19
Company to Demonstrate Capabilities of its Remote Game Server and Library of Nearly 50 Video and Mechanical Reel Titles Based on its Player-Popular Slot Content LAS VEGAS, Oct. 14, 2019 (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 and loyalty solutions, will demonstrate the growing breadth and depth of its social and real-money interactive solutions for operators worldwide at the 19 th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1150) in Las Vegas, Nevada, from October 15-17. The Company’s remote game server (“RGS”) and broad range of social and real-money game titles based on its high-performing video content and best-in-class mechanical reel content will be on display as Everi showcases how these distinct interactive solutions serve to heighten player engagement and deliver proven performance for...
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10/09/19
Company will Display Integrated Suite of Loyalty, Payment, and Casino Offerings Designed to Help Operators Efficiently Manage Patron Interactions and Funds Across the Casino Floor LAS VEGAS, Oct. 09, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products, financial technology, and loyalty solutions, will demonstrate its most comprehensive portfolio ever at the 19 th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1150) in Las Vegas, Nevada, from October 15-17. The Company’s “Digital Neighborhood” of financial technology solutions is designed to seamlessly connect through Everi’s expansive and secure network and serves to optimize visibility, functionality, and usability for casino operators worldwide. Everi’s financial technology solutions on display at G2E 2019 bring commonality and continuity to operator workflows by bringing...
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10/08/19
Company will Display Significantly Expanded Library of Standard and Premium Game Themes and Industry Unique Form Factors, Including the All-New Empire Flex Cabinet, and Differentiated Mechanical Reel Games that Further Industry Leadership LAS VEGAS, Oct. 08, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the gaming industry’s only single source provider of gaming products and financial technology and loyalty solutions, will debut its most comprehensive portfolio of gaming entertainment experiences that will heighten player engagement and help casino operators generate higher returns on their investments at the 19 th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1150) in Las Vegas, Nevada, from October 15-17.
Everi’s product demonstrations are focused on the “here and now” this year with virtually all of its products on display at G2E 2019 expected to be available prior to the summer of 2020....
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08/06/19
Revenues increase 9.3% to quarterly record $129.7 million reflecting record Games and FinTech revenue Net Income improves 267% to $5.5 million; Diluted Earnings per share rise to $0.07 Adjusted EBITDA increases 7.7% to quarterly record $64.1 million LAS VEGAS, Aug. 06, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported record financial results for the second quarter ended June 30, 2019. “Our focus on product innovation across both Games and FinTech, a commitment to excellence in customer service, and our continued prudent fiscal management once again helped drive record quarterly operating results,” said Everi President and CEO, Michael Rumbolz. “We generated our twelfth consecutive quarter of year over year revenue and Adjusted EBITDA growth, and our sixth consecutive quarter of positive net income. Revenue was up 9.3% to a record $129.7 million, net income increased 267% to $5.5 million, and Adjusted EBITDA rose 7.7% to a record $64.1...
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07/16/19
LAS VEGAS, July 16, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2019 second quarter results after the market closes on Tuesday, August 6, 2019, 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) 263-0877 or for international callers by dialing (646) 828-8143. 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 2252326. The replay will be available until August 13, 2019. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About Everi Holdings
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the Casino Floor® by...
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06/05/19
Company Recognized as a Leader in Board Diversity LAS VEGAS, June 05, 2019 (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, has been named a Winning ‘W’ Company by 2020 Women on Boards (“2020WOB”) for achieving at least 20 percent women on its board of directors before the year 2020. Eileen Raney and Maureen Mullarkey have served on Everi’s board of directors beginning in 2016 and 2018, respectively.
Winning ‘W’ Companies are cited in the 2020WOB annual Gender Diversity Index, which tracks the numbers of corporate board seats held by women among the Russell 3000 Index. The Russell 3000 Index is comprised of the 3,000 largest U.S. traded stocks representing approximately 98 percent of all U.S. incorporated equity securities. “We are proud 2020WOB is recognizing Everi’s commitment to board diversity and thankful for the invaluable strategy and...
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06/03/19
LAS VEGAS, June 03, 2019 (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 the Company will participate at the Stifel 2019 Cross Sector Insight Conference on June 10, 2019 at The InterContinental Hotel in Boston, MA. Randy Taylor, Executive Vice President and Chief Financial Officer, will be making a company presentation at 1:15 p.m. ET. Mr. Taylor and Mark Labay, Senior Vice President, Finance & Investor Relations, will also conduct individual and group meetings with institutional investors throughout the day.
About Everi Holdings Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the Casino Floor® by providing casino operators with a diverse portfolio of products including innovative gaming machines and casino operational and management systems that include comprehensive, end-to-end financial...
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05/22/19
LAS VEGAS, May 22, 2019 (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 the Company will participate at the 16 th Annual Craig Hallum Institutional Investor Conference to be held on May 29, 2019 at The Depot Renaissance Minneapolis Hotel in Minneapolis, MN. Randy Taylor, Executive Vice President and Chief Financial Officer, and Mark Labay, Senior Vice President, Finance & Investor Relations, will conduct individual and group meetings with institutional investors throughout the day.
About Everi Holdings Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the Casino Floor® by providing casino operators with a diverse portfolio of products including innovative gaming machines and casino operational and management systems that include comprehensive, end-to-end financial technology solutions,...
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05/07/19
Revenues increase 11.5% to quarterly record $123.8 million reflecting record Games and FinTech revenue Net Income improves 28% to $5.9 million from $4.6 million; Diluted Earnings per share rise to $0.08 Adjusted EBITDA increases 5.7% to quarterly record $61.3 million LAS VEGAS, May 07, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported record financial results for the first quarter ended March 31, 2019. “Our record first quarter results reflect the eleventh consecutive quarter we have achieved year over year revenue and Adjusted EBITDA growth as we again generated solid organic growth while also benefiting from initial contributions of our recent acquisition of player loyalty technology,” said Everi President and CEO, Michael Rumbolz. “First quarter revenues rose 11.5% to a record $123.8 million, net income improved 28% to $5.9 million, Adjusted EBITDA rose 5.7% to a record $61.3 million and Free Cash Flow improved 80% to $21.2 million....
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04/16/19
LAS VEGAS, April 16, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2019 first quarter results after the market closes on Tuesday, May 7, 2019, 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 3668090. The replay will be available until May 14, 2019. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About Everi Holdings
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the Casino Floor® by...
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03/29/19
LAS VEGAS, March 29, 2019 (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 it will showcase its latest gaming innovations at the Indian Gaming Tradeshow and Convention (“NIGA”) taking place at the San Diego Convention Center (Booth #1431) in San Diego, Calif., from April 2-4, 2019. Everi will demonstrate a wide range of gaming technology solutions for Class II and Class III tribal customers, including state-of-the-art cabinets and creative new games, enhancements to its financial technology solutions, and its expanding interactive capabilities.
As part of the acquisition of certain assets of Atrient announced on March 12, operators will also have the opportunity to visit the co-branded Atrient booth (#1519) located directly across from the Everi booth to learn more about its award-winning, feature-rich self-service kiosks and...
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03/12/19
Fourth quarter Revenues increased 13.8% to $119.5 million Fourth quarter Net income improved to $4.2 million from a loss of $25.0 million and Diluted Earnings per Share improved to $0.06 from a loss of $(0.37) Adjusted EBITDA increased 6.4% to $54.6 million Provides Outlook for 2019 Growth in Revenue, Adjusted EBITDA and Free Cash Flow Announces Strategic FinTech Tuck-in Acquisition LAS VEGAS, March 12, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) today reported financial results for the fourth quarter and full year ended December 31, 2018. Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Our fourth quarter results reflect continued strong customer demand for new products across our business segments as we achieved our tenth consecutive quarter of revenue and Adjusted EBITDA growth and generated record fourth quarter revenue and Adjusted EBITDA. Fourth quarter revenue rose 13.8% to $119.5 million and Adjusted EBITDA...
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03/07/19
LAS VEGAS, March 07, 2019 (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:
J.P. Morgan’s Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 14 at Wynn Las Vegas. Michael Rumbolz, President and Chief Executive Officer, and Randy Taylor, Executive Vice President and Chief Financial Officer, will conduct individual and group meetings with institutional investors throughout the day. Macquarie Consumer Bright Ideas Conference on Monday, March 18 at Macquarie’s offices in New York City. Mark Labay, Senior Vice President, Strategic Development & Investor Relations, will conduct individual and group meetings with institutional investors throughout the day. About Everi Holdings Everi is a leading supplier of technology...
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02/25/19
LAS VEGAS, Feb. 25, 2019 (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 the Company will participate at the Raymond James 40 th Annual Institutional Investor Conference to be held on March 4, 2019 at the JW Marriott Orlando Grande Lakes in Orlando, FL. Randy Taylor, Executive Vice President and Chief Financial Officer, will be making a company presentation at 11:35 a.m. ET. Mr. Taylor and Senior Vice President, Strategic Development & Investor Relations, Mark Labay, will also conduct individual and group meetings with institutional investors throughout the day.
About Everi Holdings Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the Casino Floor® by providing casino operators with a diverse portfolio of products including innovative gaming machines and casino operational and management...
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02/19/19
LAS VEGAS, Feb. 19, 2019 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2018 fourth quarter and full year results after the market closes on Tuesday, March 12, 2019, 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) 794-2523. 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 7779057. The replay will be available until March 19, 2019. The call will be webcast live from the Company’s website at www.everi.com (select “Investors” followed by “Events & Presentations”). About Everi Holdings
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company Powers the...
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01/31/19
LAS VEGAS, Jan. 31, 2019 (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 it will showcase its industry-leading financial technology solutions and growing interactive gaming capabilities at ICE® London , Feb. 5-7, 2019, in stand N1-260 at the ExCel London.
Everi is teaming up with Atrient, a leading innovator in self-service loyalty and enrollment kiosks for the gaming industry, to demonstrate how Atrient’s PowerKiosk™ and Everi’s multi-function CXC 5.0 L kiosk can combine to enhance player loyalty and drive more funds to the gaming floor. Atrient will also have a number of their enrollment kiosks for demonstrations at the companies’ shared stand (N1-260). “We are excited to attend ICE London this year in partnership with Atrient, providing us with the opportunity to connect with long standing customers and new customers,” said...
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01/24/19
President and CEO Michael Rumbolz’s Employment Agreement Extended through January 2021
Darren Simmons Promoted to Executive Vice President and FinTech Business Leader LAS VEGAS, Jan. 24, 2019 (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 its Board of Directors has extended the employment agreement of President and Chief Executive Officer, Michael Rumbolz, for an additional two years through January 31, 2021. The extension supersedes Mr. Rumbolz’s prior employment term, which was to conclude in May 2019. Since his appointment as Interim President and Chief Executive Officer in February 2016, and subsequently as President and Chief Executive Officer beginning May 2016, Mr. Rumbolz has overseen the implementation of a series of strategic operating initiatives that have resulted to date in nine consecutive quarters of...
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