11/25/22
Land based casinos can now engage with patrons off site by offering a branded retail credit card rich with integrated rewards and customised perks Las Vegas, NV, 25 October 2022 - Railsr, Inc., the world’s leading global embedded finance platform, and Everi Payments Inc., the wholly owned subsidiary and FinTech business of Everi Holdings Inc. (NYSE:EVRI), a premier provider of land-based and cashless FinTech products and services, have entered into an agreement to develop an embedded credit and loyalty offering for the casino industry. Offered directly through Everi, as part of its digital CashClub® Wallet technology, gaming establishments can easily create greater engagement with patrons both at their hotels, shows, restaurants, and the casino floor–while also maintaining that engagement and incentivizing patron loyalty in their everyday experiences. We’re excited to announce the arrangement between Everi and Railsr,” said Tiffany Johnson, Head of Product, North America, Railsr,...
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11/08/22
Revenues Grew 21% to an All-time Quarterly Record $204.3 Million Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the third quarter ended September 30, 2022. Reflecting the expectation for steady operating performance in the fourth quarter, the Company also narrowed its full-year guidance ranges for net income, Adjusted EBITDA and Free Cash Flow. Third Quarter 2022 Highlights Revenues grew 21% to an all-time quarterly record of $204.3 million from $168.3 million in the 2021 third quarter, reflecting a 9% increase in recurring revenues to $143.6 million and a 64% increase in non-recurring revenues to $60.7 million, primarily for sales of gaming machines and FinTech hardware. FinTech segment revenues rose 27%, reflecting an 81% increase in hardware revenues, a 31% increase in software and other revenues, and a 15%...
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11/03/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced that the Company was recognized by the Austin American-Statesman with a "Greater Austin Top Workplaces 2022" award. The Austin-based newspaper held a celebration event for Top Workplaces honorees, Wednesday, and will publish its full list of award winners in a special Top Workplaces 2022 section, Nov. 6. This is the second consecutive year Everi earned this designation from the Austin American-Statesman, and it marks a total of 15 Top Workplaces honors awarded to the Company over the past two years. In addition to this recognition, the Company was recently named to the Nevada Top Workplaces list for the second consecutive year. In 2022, Everi's India offices also received a second annual certification as a Great Place to Work ® from the Great Place to Work Institute in India,...
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10/14/22
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2022 third quarter results before the market opens on Tuesday, November 8, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m. PT that day. The conference call may be accessed live over the phone by dialing (201) 689-8471. A replay will be available beginning at 2:00 p.m. ET that day and may be accessed by dialing (412) 317-6671; the PIN number is 13733645. The replay will be available until November 15, 2022. The call will be webcast live and archived at the Company's website at www.everi.com (select "Investors" followed by "Events & Contact"). About Everi Holdings Everi's mission is to lead the gaming industry through the power of people, imagination and technology. With a focus on player engagement and helping casino customers operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and...
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10/06/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it's hosting a live webcast of management's investor presentation and preview of the Company's products showcased at the upcoming 2022 Global Gaming Expo ("G2E"), as well as a question and answer period that will follow the presentation. The presentation and webcast will begin at 2:30 p.m. PT (5:30 p.m. ET) on Monday, October 10. The webcast will be archived through October 31, 2022 on the Company's website at www.everi.com (select "Investors," followed by "Events & Contact," followed by "Upcoming Events" for the live webcast or "Past Events" for the archived webcast). Earlier this week, the Company issued press releases showcasing their new and innovative Games, Digital and FinTech offerings to be featured at G2E. Experience the Multichannel News Releases by clicking:...
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10/06/22
Everi Digital, the online gaming business of Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, will showcase new progressive slot themes that are part of the expanded, proprietary content portfolio available on the Company's Spark Remote Game Server ("Spark RGS") at the 22nd annual Global Gaming Expo (G2E®), October 10-13, 2022. New Everi Digital progressive themes on display at G2E 2022 will include Gold Standard Jackpots ™, Everi's award-winning, player-popular mechanical game that has consistently ranked among the top 10 indexing games (premium leased, mechanical reel segment) in the Eilers & Krejcik-Fantini Game Performance Report. Double Jackpot Gems ®, another popular land-based game with a proven math model, will be an additional highlight of Everi's expanded display of digital progressive game themes. "The continued expansion of...
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10/05/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, will showcase the newest enhancements for its "Digital Neighborhood", a fully-integrated suite of FinTech financial access, loyalty, and RegTech solutions, at the 22nd annual Global Gaming Expo (G2E®), October 10-13, 2022 (Booth #1150) in Las Vegas, Nevada. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8854154-everi-showcases-newest-fintech-regtech-advancements-at-global-gaming-expo-2022/ Everi's "Digital Neighborhood" is a comprehensive suite of financial, casino loyalty and compliance products and services that bring commonality and continuity to operator workflows. The "Digital Neighborhood" suite also highlights Everi's ability to develop solutions that incorporate customer-centric features across their loyalty, payments, and casino...
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10/05/22
Newly constructed entertainment destination launches industry-leading cashless gaming options for guests Konami Gaming, Inc., Everi Holdings Inc. (NYSE: EVRI), and Sky River Casino announced the launch of industry-leading cashless options as the newly constructed destination opens its doors to the public 15 miles south of downtown Sacramento, Calif. Newly constructed entertainment destination launches industry-leading cashless gaming options for guests (Graphic: Business Wire) Sky River Casino is debuting a true cashless experience on the gaming floor by combining Everi’s digital CashClub Wallet ® with Konami’s SYNKROS ® casino management system. Through the partnership, guests can enjoy a mix of digital, mobile, traditional, and contactless payment options across the destination’s 2,000 slot machines, 80 table games, and 12 unique dining experiences. Sky River Casino is owned by the Wilton Rancheria Tribe and managed by Boyd Gaming Corporation. “At Sky River, we have dedicated...
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10/04/22
Company to Introduce Video Cabinet Featuring Unique Custom Display Charity TournEvent® Takes Place Oct. 12 at Everi G2E Booth #1150 Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, will highlight its commitment to provide EVERIthing casino operators need to engage players with the debut of new games and a new gaming cabinet that deliver on the Company's promise of offering EVERIgame players will want to play at the 22 nd annual Global Gaming Expo (G2E ® ), October 10-13, 2022. Everi will introduce the stunning Dynasty Vue ™ – the Company's first form factor in its new Dynasty Series of game cabinets, as well as approximately 50 new original game themes and seven new licensed branded titles. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8854153-everi-global-gaming-expo-2022/ "Our...
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10/04/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, announced today that it will expand its addressable market beyond the casino gaming industry for the first time and broaden its range of mobile capabilities to its established gaming customers through an agreement to acquire certain strategic assets of Venuetize, Inc. ("Venuetize"). Venuetize is a privately owned innovator of mobile-first technologies that provide an advanced guest engagement and m-commerce platform for the sports, entertainment and hospitality industries. Venuetize collaborates with its clients and partners with their venue ecosystem to elevate the guest experience and strengthen their mobile channel engagement, leading to incremental revenue opportunities. Randy Taylor, President and Chief Executive Officer of Everi, said, "This acquisition will, for the first time, expand...
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08/03/22
All-Time Quarterly Record Revenues of $197.2 Million Drive Second Quarter Net Income of $32.5 Million and Adjusted EBITDA of $94.4 Million Games and FinTech Segments Each Generate Record Quarterly Recurring Revenues Highest-Ever Quarterly Sales of 1,957 Gaming Machines and Second Consecutive Quarter with More than $10 Billion in Funds Delivered to Customers' Casino Floors Repurchased 2.0 Million Shares for $33.3 Million Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the second quarter ended June 30, 2022. Everi also reiterated its full year outlook for Net income, Adjusted EBITDA and Free Cash Flow. Second Quarter 2022 Financial Highlights Revenues grew 14% to an all-time quarterly record $197.2 million from $172.6 million in the 2021 second quarter, reflecting a 7% increase in recurring revenues to a quarterly...
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07/12/22
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2022 second quarter results before the market opens on Wednesday, August 3, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m. PT that day. The conference call may be accessed live over the phone by dialing (201) 689-8471. A replay will be available beginning at 2:00 p.m. ET that day and may be accessed by dialing (412) 317-6671; the PIN number is 13730679. The replay will be available until August 10, 2022. The call will be webcast live and archived at the Company's website at www.everi.com (select "Investors" followed by "Events & Contact"). About Everi Holdings Everi's mission is to lead the gaming industry through the power of people, imagination and technology. With a focus on player engagement and helping casino customers operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and...
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06/08/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced that the Company was recognized by the Las Vegas Review-Journal and Las Vegas Business Press with a 2022 Nevada Top Workplaces® award. Everi was named to the Nevada Top Workplaces list for the second consecutive year, with this most recent recognition marking a total of 10 "Top Workplaces" awards over the past year. In 2022, Everi earned four "Culture Excellence" awards from Top Workplaces and was named to the prestigious category of "Top Workplaces USA 2022." In 2021, the Company received the "Greater Austin Top Workplaces 2021" distinction from The Austin American-Statesman. It also earned national plaudits, winning two Top Workplaces 2021 Culture Excellence Awards for "Direction" and for "Remote Work". Everi's India offices also received an annual certification as a "Great...
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05/10/22
Games and FinTech Segments Generate Highest-Ever Quarterly Recurring Revenues First Quarter Record Revenues of $175.6 Million Drives Record First Quarter Net Income of $31.5 Million, $0.31 in EPS and Adjusted EBITDA of $89.6 Million Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the first quarter ended March 31, 2022. First Quarter 2022 Financial Highlights Revenues rose 26% to $175.6 million from $139.1 million in the 2021 first quarter, led by a quarterly record $134.4 million of recurring revenues. Net income increased 54% to $31.5 million, or $0.31 per diluted share, compared to $20.5 million, or $0.21 per diluted share, in the 2021 first quarter. Adjusted EBITDA, a non-GAAP financial measure, increased 19% to a first quarter record $89.6 million from $75.4 million in the 2021 first quarter. Free Cash Flow, a...
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05/03/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has acquired Intuicode Gaming Corporation ("Intuicode"), a privately owned game development and engineering firm focused on Historical Horse Racing ("HHR") games. In 2021, Intuicode generated over $10 million in annual revenue from the sale of gaming machines and recurring participation revenue from game theme placements at HHR locations throughout the United States. Intuicode and its experienced HHR game development team provide Everi with additional HHR expertise that will help the Company accelerate its entry into and growth in the expanding HHR market. The acquisition cost includes an initial payment of $12.5 million, with two additional payments based on future revenue to be made on each of the first and second anniversaries of the acquisition's closing in 2023 and...
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04/27/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced the Company was recognized with 2022 Top Workplaces® "Culture Excellence" awards at a national level in four categories: Leadership, Innovation, Compensation & Benefits, and Work-life Flexibility. The most recent recognition marks a total of nine "Top Workplaces" awards earned by Everi over the past year. In February 2022, Everi was named to the prestigious category of "Top Workplaces USA 2022." In the Fall of 2021, Everi received the "Greater Austin Top Workplaces 2021" distinction from The Austin American-Statesman, as well as the "Nevada Top Workplaces 2021" award from The Las Vegas Review-Journal and Las Vegas Business Press. Everi also earned national plaudits in 2021, winning two Top Workplaces 2021 Culture Excellence Award for "Direction" and for "Remote Work"....
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04/19/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced it will showcase the new Player Classic Signature™ cabinet with seven new classic stepper themes as well as compelling content for the Empire Flex ™ cabinet, alongside the Company's latest FinTech and iGaming innovations at the 2022 Indian Gaming Tradeshow & Convention, to be held April 21-22, 2022, at the Anaheim Convention Center in Anaheim, California. Everi will display, in Booth #420, its expanding breadth and depth of player-engaging video content and classic stepper games, as well as fresh takes on entertaining premium titles. More than 10 new innovative themes on the Empire Flex portrait cabinet will be featured, including Cha-Ching!™ , Money Line™ , and the Press Your Luck ™ Series based on the iconic game show. These themes are also available on TournEvent Everiway™...
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04/18/22
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2022 first quarter results before the market opens on Tuesday, May 10, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m. PT that day. The conference call may be accessed live over the phone by dialing (201) 689-8471. A replay will be available beginning at 2:00 p.m. ET that day and may be accessed by dialing (412) 317-6671; the PIN number is 13728195. The replay will be available until May 17, 2022. The call will be webcast live and archived at the Company's website at www.everi.com (select "Investors" followed by "Events & Contact"). About Everi Holdings Everi's mission is to lead the gaming industry through the power of people, imagination and technology. With a focus on player engagement and helping casino customers operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and iGaming...
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04/14/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has acquired certain strategic assets of XUVI, LLC ("XUVI"), a privately owned marketing platform provider designed to value, target and engage customers to increase loyalty through immersive data analytics utilizing customer behaviors and artificial intelligence. The acquisition was funded from existing cash on hand. Financial terms were not disclosed. XUVI's marketing platform, BEAMSTUDIO, is a cutting-edge technology solution that combines historical and behavioral propensity data to assign a customer's future value based on their unique characteristics and behaviors. The technology provides real-time predictive and actionable insights to augment marketing with targeted campaigns focused on valued customers. BEAMSTUDIO increases operating efficiencies through data...
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04/12/22
Everi Holdings Inc. (NYSE:EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced its subsidiary, Everi Payments Inc., is now live with a leading solution for the liquidity of crypto currencies, B4U Financial, at the Scarlet Pearl Casino Resort ("Scarlet Pearl") on Mississippi's Gulf Coast. Through Everi's financial access solutions, the B4U Financial crypto currency solution allows casino patrons the ability to convert digital currency into cash. Additional integration capabilities include casino operators' ability to track the disbursement of cash through the B4U API to the owners' existing systems in real time. This capability is enhanced by Everi's real-time monitoring tools and remote diagnostics features, which provide greater uptime with quicker response and resolve times. "Providing new, alternative ways to fund a patron's casino experience is crucial...
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04/04/22
Everi Interactive LLC d/b/a Everi Digital, the online gaming subsidiary of Everi Holdings Inc. (NYSE:EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it holds a supplier license from the Alcohol and Gaming Commission of Ontario. This license allows Everi Digital to expand the reach of its content to multiple operators serving the newly regulated Ontario iGaming market. Over the past three years, Everi Digital has extended the footprint of its proprietary Spark™ Remote Game Server ("Spark RGS"), which houses its iGaming content, to include Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia in the United States, as well as to British Columbia, Manitoba, Ontario, Quebec, and Atlantic Canada. After launching in Ontario with OLG.ca in October 2021, Everi Digital will now deliver its top-performing slot content to multiple online operators...
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03/10/22
Agreement Connects Army Veterans to Employment Opportunities with Everi Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today an agreement between the Company and the U.S. Army whereby Everi will enter the Army's Partnership for Youth Success ("PaYS") Program. The PaYS Program is a strategic partnership between the U.S. Army and a cross section of corporations, companies, and public sector agencies. PaYS partners, such as Everi, guarantee soldiers an interview and possible employment after the Army. This unique program is part of the Army's effort to partner with America's business community and provides America's youth with an opportunity to serve their country while they prepare for their future. "Everi is proud to celebrate this new initiative with the U.S. Army. It allows us to identify and connect with a talented pool of...
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03/07/22
Black Diamond® and Double Black Diamond™ Win "Top Performing" Mechanical Reel Awards; Everi Again Named "Most Improved Supplier" Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today that the Company won three awards at the fourth annual EKG Slot Awards. The EKG Slot Awards recognize excellence in land-based and interactive slot machine game development. For the third consecutive year, Everi won the award for "Most Improved Supplier – Core." In addition, Black Diamond ® was recognized as the "Top Performing Core Mechanical Reel Game" and Double Black Diamond™ was recognized as the "Top Performing New Mechanical Reel Core Game." This represents Everi's second win in the "Top Performing New Mechanical Reel Core Game" category, with Cash Machine ™ receiving the same honor in 2019. "We are deeply honored to be recognized as a top slot...
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03/01/22
Ongoing Strength in Recurring Revenues and Record Game Machine Sales Drive 51% Year-over-Year Increase in Quarterly Revenues
Initiates 2022 Full Year Guidance, including Adjusted EBITDA Growth of 6% - 8% Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced results for the fourth quarter and full year ended December 31, 2021 Fourth Quarter 2021 Financial Highlights Revenues rose 51% to a quarterly record $180.4 million from $119.6 million in the 2020 fourth quarter. Net income grew to a record $89.4 million, or $0.88 per diluted share, compared to $1.1 million, or $0.01 per diluted share, in the 2020 fourth quarter; net income in the 2021 fourth quarter includes an improvement of 180% in operating income as well as a $63.5 million, or $0.62 per share, income tax benefit related to the reversal of deferred tax asset valuation...
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02/08/22
Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2021 fourth quarter and full year results before the market opens on Tuesday, March 1, 2022, and host a conference call and simultaneous webcast at 11:00 a.m. ET / 8:00 a.m. PT that day. The conference call may be accessed live over the phone by dialing (201) 689-8471. A replay will be available beginning at 2:00 p.m. ET that day and may be accessed by dialing (412) 317-6671; the PIN number is 13727092. The replay will be available until March 8, 2022. The call will be webcast live and archived at the Company's website at www.everi.com (select "Investors" followed by "Events & Contact"). About Everi Holdings Everi's mission is to lead the gaming industry through the power of people, imagination and technology. With a focus on player engagement and helping casino customers operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based...
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02/07/22
Complementary acquisition will expand Everi's FinTech reach into broad Australian gaming market for cash handling and payment solutions Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, announced today that it has entered into an agreement to acquire ecash Holdings Pty Ltd. ("ecash"), a privately owned, Australia-based developer and provider of innovative cash handling and financial payment solutions for the broader gaming industry in Australia, Asia, Europe and the United States. ecash's products and technologies represent a strategic extension of Everi's current suite of financial technology solutions within the FinTech segment. The acquisition will provide Everi with a complementary portfolio of new customer locations throughout Australia, the United States and other geographies. The closing of the transaction, subject to customary...
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02/02/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today it has been named to the "Top Workplaces USA 2022" list as a result of an independent employee engagement survey conducted by Energage. This marks a total of five top workplace awards earned by Everi during the last 12 months. Top Workplaces USA celebrates organizations with 150 or more employees that strive to build a great workplace culture. Over 42,000 organizations were invited by Energage to have their employees participate in the Top Workplaces USA employee engagement survey, with results calculated by comparing the survey's research-based statements, including 15 "culture drivers" that are proven to predict high performance against industry benchmarks. "It is incredibly gratifying to see yet another national recognition for Everi's diverse team of passionate and talented...
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01/26/22
Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today that Secil Tabli Watson and Paul Finch have been appointed to the Company's Board of Directors (the "Board") effective February 1, 2022. Both Ms. Watson and Mr. Finch are well-respected, experienced business and financial executives who have been determined to satisfy the criteria for independent directors for the purposes of New York Stock Exchange rules, applicable Securities and Exchange Commission requirements, and the Company's Governance Guidelines. They have been appointed to serve as members of the Board's Audit Committee, Nominating and Governance Committee, and Compensation Committee. Their appointments, together with the previously announced addition of Randy Taylor to the Board in conjunction with becoming Chief Executive Officer on April 1, will expand the size of...
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01/19/22
Exacta Systems and Everi Holdings Inc. (NYSE: EVRI), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, announced today that they have signed an agreement to bring Everi's award-winning game content and cabinets onto Exacta's historical horse racing (HHR) system. Ross O'Hanley, Chief Revenue Officer at Exacta Systems, remarked, "Exacta is proud to partner with Everi for the historical horse racing market. Adding Everi's high-performing game content and gaming cabinets to our Exacta CONNECT system creates a tremendous opportunity to increase player engagement at all of our customers' locations." Dean Ehrlich, Executive Vice President and Games Business Leader at Everi, commented: "Collaborating with Exacta Systems is a significant opportunity to introduce our extensive library of proven mechanical reel and video gaming content into the growing HHR market. We are confident that our distinctive gaming...
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01/11/22
LAS VEGAS, Jan. 11, 2022 (GLOBE NEWSWIRE) - Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming content and products, financial technology and player loyalty solutions, today announced that it has agreed to acquire certain strategic assets, including game development technology and intellectual property of Atlas Gaming Pty Ltd and Atlas Gaming Technologies Pty Ltd (collectively, “Atlas”), an Australia-based developer and provider of proprietary gaming content and products. Everi expects the acquisition to close within the next 60 days. The acquisition of the Atlas assets complements Everi’s existing game development studios and portfolio of games while providing a pathway for future expansion into new international markets. In conjunction with the acquisition of these assets, Atlas development and engineering team members will join Everi. Everi will fund the acquisition from existing cash on hand.
Dean Ehrlich,...
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