Everi Announces Date of the Company’s 2020 Annual Stockholders’ Meeting
LAS VEGAS, April 27, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of gaming products and nancial technology and loyalty solutions in the gaming industry, today announced that the Company’s 2020 Annual Meeting of Stockholders will be held on June 16, 2020, at 9:00 am Pacic Time at the Company’s Corporate Headquarters located at 7250 S. Tenaya Way, Suite 100 in Las Vegas, Nevada 89113. The Company may require attendees to comply with health and safety protocols endorsed by the Centers for Disease Control, which may include recommended social distancing and personal protective equipment such as face masks.
Stockholders of record as of the close of business on May 8, 2020, will be entitled to notice of, and to vote at, the Annual Stockholders Meeting, or any adjournment or postponement thereof. The Company intends to mail proxy materials to stockholders of record for the Company’s Annual Meeting on or about May 18, 2020.
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 nancial products and services, player loyalty tools and applications, and intelligence and regulatory compliance solutions. Everi’s mission is to provide casino operators with games that facilitate memorable player experiences, oer seamless and secure nancial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations eciencies and fulll regulatory compliance requirements. Everi provides these products and services in its eort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with nancial and other information about the Company.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as dened in the U.S. Private Securities Litigation Reform Act of 1995, as amended. In this context, forward-looking statements often address our expected future business and nancial performance, and often contain words such as “goal,” “target,” “future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “hope,” “seek,” “project,” “may,” “should,” “designed to,” “in an eort to,” “will provide,” “look forward to,” or “will” and similar expressions to identify forward-looking statements. These statements are based upon management’s current expectations, assumptions and estimates and are not guarantees of timing, future events or performance. Actual results may dier materially from those contemplated in these statements, due to risks and uncertainties
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and changes in circumstances that are often dicult to predict and many of which are beyond our control. Our actual results and nancial condition may dier materially from those indicated in forward-looking statements. Important factors that could cause our actual results and nancial condition to dier materially from those indicated in the forwardlooking statements include, without limitation, the impact of the ongoing COVID-19 global pandemic on our business, operations and nancial condition, our history of net losses and our ability to generate prots in the future; our substantial leverage and the related covenants that restrict our operations; our ability to generate sucient cash to service all of our indebtedness, fund working capital, and capital expenditures; our ability to withstand unanticipated impacts of a pandemic outbreak of uncertain duration; our ability to withstand the loss of revenue during the closure of our customers’ facilities; our ability to maintain our current customers; our ability to compete in the gaming industry; our ability to execute on mergers, acquisitions and/or strategic alliances, including the timing and closing of acquisitions and our ability to integrate and operate such acquisitions consistent with our forecasts; our ability to access the capital markets to raise funds; expectations regarding our existing and future installed base and win per day; expectations regarding development and placement fee arrangements; inaccuracies in underlying operating assumptions; expectations regarding customers’ preferences and demands for future gaming oerings; expectations regarding our product portfolio; the overall growth of the gaming industry, if any; our ability to replace revenue associated with terminated contracts; margin degradation from contract renewals; technological obsolescence; our ability to comply with the Europay, MasterCard and Visa global standard for cards equipped with security chip technology; our ability to introduce new products and services, including third-party licensed content; gaming establishment and patron preferences; our ability to prevent, mitigate or timely recover from cybersecurity breaches, attacks and compromises; the level of our capital expenditures and product development; anticipated sales performance; employee turnover; national and international economic conditions; changes in global market, business and regulatory conditions arising as a result of the COVID-19 global pandemic; changes in gaming regulatory, card association and statutory requirements; regulatory and licensing diculties that we may face; competitive pressures in the gaming and nancial technology sectors; the impact of changes to tax laws; uncertainty of litigation outcomes; interest rate uctuations; unanticipated expenses or capital needs and those other risks and uncertainties discussed in our most recent Annual Report on Form 10-K led with the U.S. Securities and Exchange Commission on March 2, 2020 and our Form 8-K led on April 21, 2020. Given these risks and uncertainties, there can be no assurance that the forward-looking information contained in this press release will in fact transpire or prove to be accurate. Readers are cautioned not to place undue reliance on the forwardlooking statements contained herein, which are based only on information currently available to us and speak only as of the date hereof.
This press release should be read in conjunction with our Annual Report on Form 10-K for the year ended December 31, 2019, and with the information included in our other press releases, reports and other lings with the SEC. Understanding the information contained in these lings is important in order to fully understand our reported nancial results and our business outlook for future periods.
Everi Holdings Inc.
VP, Investor Relations
(702) 676-9513 or firstname.lastname@example.org
Richard Land, James Leahy
(212) 835-8500 or email@example.com
Source: Everi Holdings Inc.