Everi Corporate Headquarters
7250 S Tenaya Way, Suite 100
Las Vegas, NV 89113

Everi Gaming Headquarters
206 Wild Basin Road South, Bldg B
Austin, TX 78746
Phone: (800) 833-7110

Key Personnel

Michael Rumbolz - CEO
Randy Taylor - President and Chief Operating Officer 
Mark Labay - Executive Vice President, Chief Financial Officer and Treasurer 
Tim Richards - Executive Vice President and Chief Strategy Officer
Kate Lowenhar-Fisher - Executive Vice President, Chief Legal Officer – General Counsel, and Corporate Secretary
Dean Ehrlich - Executive Vice President, Games Business Leader
David Lucchese - Executive Vice President, Sales, Marketing and Digital
Darren Simmons - Executive Vice President - FinTech Business Leader

About Everi

Everi (NYSE: EVRI) is a leading supplier of imaginative entertainment and trusted technology solutions for the casino, digital, 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers even more successful. For more information, please visitwww.everi.com, which is updated regularly with financial and other information about the Company.

Everi Videos and Product Demos

Latest News

EVERI DIGITAL TO PROVIDE HIGH-PERFORMING iGAMING CONTENT TO CAESARS SPORTSBOOK & CASINO

Player-Popular 'Triple Jackpot Gems®' Among Industry-Recognized Titles Available Via Caesars' Online Real-Money Gaming Operations

LAS VEGASFeb. 15, 2023 /PRNewswire/ -- Everi Digital, the online gaming business of Everi Holdings Inc. (NYSE:EVRI) (the "Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solutions, today announced it has entered into an agreement with Caesars Sportsbook & Casino to provide its award-winning online gaming content for the operator's real-money online gaming operations.

All content will be delivered via Everi's proprietary Spark Remote Game Server ("Spark RGS"), which houses the Company's Digital's iGaming catalog. High-performing titles, such as Triple Jackpot Gems®, Crystal Star®, and Black Diamond®, are among the nearly 70 engaging themes available via Spark RGS.

Everi has continually updated its server-based gaming solution, particularly to support a growing library of progressive game content that has proven to be popular with both land-based and iGaming players. Soon-to-be-released digital titles include Gold Standard Jackpots®, Lightning Zap, and the Super Jackpot Series: Super Jackpot Wild Gems®, Super Jackpot Seven Seas®, and Super Jackpot Double Lion®.

"This agreement with top-tier iGaming operator Caesars enables us to deliver our proven, popular content to even more players across North America, further establishing Everi Digital as a leading supplier of online gaming content," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "Caesars is focused on extending their legacy of providing great gaming entertainment experiences to their online players and we are pleased to be providing them with engaging content that will help them meet this goal." 

Everi Digital's compelling game content is now featured in over 80 real-money online casinos and over 40 social casinos. In the past four years, Everi Digital has continued to extend the footprint of the Spark RGS to provide its content to iGaming operators in ConnecticutMichiganNew JerseyPennsylvania, and West Virginia in the United States, as well as to the Canadian provinces of OntarioBritish ColumbiaManitobaQuebecAtlantic Canada, and Saskatchewan.

"Our partnership with Everi Digital integrates even more captivating gaming content into our online platform," said Senior Vice President of iGaming at Caesars Digital, Matthew Sunderland. "We know our customers love to play Everi titles at our brick-and-mortar casinos, so this partnership is a welcomed addition to our digital operation as we continue to bolster our elevated gaming offering for our customers."

EVERI TO PROVIDE BRITISH COLUMBIA LOTTERY CORPORATION WITH ANTI-MONEY LAUNDERING TECHNOLOGY

AML Compliance Agreement Enhances Partnership Between Everi and BCLC

LAS VEGAS, Jan. 10, 2023/PRNewswire/ -- 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 was selected by the British Columbia Lottery Corporation ("BCLC") to provide its Everi Compliance Anti-Money Laundering ("AML") solution in support of BCLC's gaming and online operations.

With deployment in over 600 gaming properties, Everi Compliance is the most widely used and sophisticated AML software available for the gaming industry. The Company will support BCLC as it conducts and manages lottery, casino, bingo, and online gaming on behalf of the province for the benefit of British Columbians.

"Everi is committed to adapting to customer needs as the industry changes and creates exciting new opportunities," said Darren Simmons, EVP and FinTech Business Leader for Everi. "BCLC has prioritized high levels of compliance as part of the continued expansion of their fast-growing gaming operations in casinos and online platforms across British Columbia. Our RegTech solutions are designed for a wide variety of applications, and we are proud to have been chosen to support BCLC's critical AML program."

The new AML agreement extends Everi's relationship with BCLC, as the Company also supplies land-based and online slot content throughout British Columbia. Everi Digital, the online gaming division of Everi Holdings Inc., is the largest provider of digital three-reel stepper products to BCLC's PlayNow.com online casino.

Raney to Retire from BoD

On December 23, 2022, Eileen F. Raney advised Everi Holdings Inc. (the "Company") that she will retire from the Board of Directors (the "Board") effective as of December 31, 2022.

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Eileen Raney


Ms. Raney, who is currently the Chair of the Board's Nominating and Governance Committee and a member of the Board's Audit Committee and Compensation Committee, has been a member of the Board since February 2016.

As a member of the Board, Ms. Raney has helped guide the Company through organic growth, multiple acquisitions and expansion of the Company's Diversity, Equity and Inclusion and Environmental, Social and Governance initiatives.

EVERI NAMED TO LIST OF "GREATER AUSTIN TOP WORKPLACES 2022" BY THE AUSTIN AMERICAN-STATESMAN

LAS VEGAS, Nov. 3, 2022 /PRNewswire/ -- 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, which is based on positive employee feedback gathered through an independent employee engagement survey.

"We are honored to be recognized again for our success in creating a positive company culture that is valued by our team members across multiple locations in the greater Austin area as well as our talented team of remote employees in Central Texas," said Randy Taylor, Everi President and CEO. "This award is based solely on direct feedback from our team members, who continue to collectively foster a strong, cohesive culture that makes Everi an exceptional place to work."

Issued by Energage, the research company with more than 16 years of experience surveying over 27 million employees at 70,000 organizations, Top Workplaces awards are based solely on employee feedback gathered through their annual independent survey. Their anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, including: alignment, execution, and connection, among others.

"Earning a Top Workplaces award is a badge of honor for companies, especially because it comes authentically from their employees," said Eric Rubino, Energage CEO. "That's something to be proud of. In today's market, leaders must ensure they're allowing employees to have a voice and be heard. That's paramount. Top Workplaces do this, and it pays dividends."

Everi to Report Q3 22 Results; Will Host Conference Call and Webcast

LAS VEGAS, Oct. 14, 2022 /PRNewswire/ -- 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").

Everi to Webcast Investor Presentation and Preview of Products at Global Gaming Expo 2022 on Monday October 10, 2022

LAS VEGAS, Oct. 6, 2022 /PRNewswire/ -- 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).

EVERI DIGITAL TO SHOWCASE NEW PROGRESSIVE TITLES AT GLOBAL GAMING EXPO 2022

LAS VEGAS, Oct. 6, 2022 /PRNewswire/ -- 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 our proprietary digital game library with more progressive titles that are in-demand with land-based players highlights our commitment to deliver exciting gaming entertainment experiences to the growing community of online players," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "Since launching our state-of-the-art Spark RGS platform, Everi Digital has continued to achieve consistent growth in the iGaming market as a result of our ability to provide world-class slot games to online players throughout North America. We are also encouraged by our performance recognition, as Everi has risen to the No. 3 ranked omni-channel game supplier in the Eilers & Krejcik-Fantini Game Performance Report."

Spark RGS houses Everi Digital's iGaming content and now features over 60 engaging titles, with more on the way. Since Spark RGS was first demonstrated at G2E in 2018, the Company has continually updated its server-based gaming solution, particularly to support its growing library of progressive game content that has proven to be popular with both land-based and iGaming players.

Everi Digital's compelling game content is now featured in over 70 real-money online casinos and over 40 social casinos. In the past four years, Everi Digital has continued to extend the footprint of the Spark RGS to now provide its content to iGaming operators in Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia in the United States, as well as to the Canadian provinces of Ontario, British Columbia, Manitoba, Quebec, and Atlantic Canada.

Additional industry-recognized digital titles on display at G2E 2022 will include Crystal Star®, the classic three-tiered progressive game, and Lightning Zap®, the thrilling innovative game with no reels, no paytables, and incredibly fast gameplay.

EVERI TO SHOWCASE NEWEST ADVANCEMENTS FOR ITS INDUSTRY-LEADING FINTECH AND REGTECH SOLUTIONS AT GLOBAL GAMING EXPO 2022

CashClub Wallet®, Mobile Innovations and Loyalty Enhancements Highlight Comprehensive Solutions Portfolio

LAS VEGAS, Oct. 5, 2022 /PRNewswire/ -- 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.

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 operations.

"We continue make great strides towards fulfilling our mission of being the one-stop source of EVERIthing® and positioning Everi as the gaming technology partner of choice for casino operators. The newest enhancements to our already comprehensive 'Digital Neighborhood,' which will be on display at G2E this year, will clearly demonstrate how we are meeting the challenge of providing solutions that help our customers capture EVERIdollar with our financial access solutions and meet players' EVERIway demand with our advanced loyalty products," said Randy Taylor, Everi President and CEO. "With the introduction of additional product advancements to our fully-integrated solutions, our FinTech business is even better positioned to deliver consistent growth and further build on our position as the industry's FinTech leader."

"Everi's industry-leading FinTech solutions create operational efficiencies with existing infrastructure and enable the self-service journeys that, increasingly, dominate the guest experience landscape," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "Our goal is to provide casino guests with a convenient, end-to-end mobile funding experience while delivering a one-stop shop of comprehensive, integrated solutions to casino operators. We believe our newest solutions on display at this year's G2E will once again highlight how Everi continues to successfully execute on our technology development priorities."

Digital CashClub Wallet® Technology Anchors "Digital Neighborhood" with New Banking as a Service Capabilities
Empowering casino operators to successfully deliver on all aspects of the mobile ecosystem, CashClub Wallet is a mobile digital wallet that seamlessly connects the Company's portfolio of FinTech products and applications. CashClub Wallet is the most widely adopted land-based digital gaming wallet in the U.S., currently deployed on electronic gaming devices across seven jurisdictions at 20 casinos, with 19 additional properties under various stages of deployment. CashClub Wallet extends cashless payments throughout the gaming enterprise using traditional, alternative, and mobile technologies.

Incorporating more funding sources than ever before, CashClub Wallet provides more diversity in accessing and distributing funds via Everi's Banking as a Service (BaaS) than other digital wallets with multiple partners. In addition to integration with leading credit/debit card companies, check cashing, and the ability to convert into digital currency, CashClub Wallet can be funded through Apple Pay®, PayPal, table and slot winnings (including jackpot payouts), the casino cage, point of sale purchases, and Everi's proprietary kiosks.

Loyalty Kiosk and Platform Expand Award-Winning Capabilities
The Prelude loyalty promotional kiosk is the ideal place for guests to engage directly with the casino's player loyalty program, unifying all loyalty program guest service functions into a simple, self-service solution. With a sleek, new retail-friendly look, Prelude can now be wall-mounted or otherwise configured to provide full flexibility within a limited floor space. The new unit design simplifies patron service and frees operators to maximize space given the Prelude's smaller footprint.

Everi's Trilogy™ loyalty platform represents a critical bridge between operator-centric financial technology solutions and player-centric gaming solutions. The updated Trilogy™ Engage 2.0.0 front-end client is the only casino loyalty software solution that is moving towards HTML5 based components, resulting in increased security of patron information and allowing Everi to offer more advanced, engaging game content and to integrate secure web content. New Trilogy Engage features include enhanced kiosk configuration and printer solutions, as well as a 130 title HTML game catalog that will be available by the end of the year. Trilogy 4.1.0 back-end updates feature enhanced Everi FinTech UI and UX alignment, modularization of core features for increased configurability, and further integration with Everi's popular TournEvent® platform.

Everi Supports Casino Mobile App Development
With the support of a dedicated mobile app development team, Everi is a single-source provider of FinTech services across the entire gaming enterprise. CashClub Wallet and Loyalty features can be rolled into a mobile experience that seamlessly connects the Company's portfolio of FinTech products and applications with casino operators' existing infrastructure. New mobile app features featured at G2E will include the ability to transfer funds to slot or table play, mobile loyalty program enrollment, and a digital version of the loyalty card in-wallet.

With over 21,000 mobile app users and 20 properties scheduled to go live with the Company's mobile technology in the next six months, Everi is the industry's fastest-growing mobile resort app provider.

Suite of Fully Integrated Solutions Provide Efficiency in Casino Operations to be Featured at G2E
Everi will also display at G2E its award-winning jackpot management system, Jackpot Xpress®. A prime example of Everi working with casino operators to enhance their operational efficiency and an extension of the Company's "Digital Neighborhood" concept, Jackpot Xpress is located at over 50 properties nationwide and is the only jackpot management system that combines mobile productivity, secure payment, tax forms management and anti-money laundering tracking into a single solution.

Everi's revolutionary backend progressive meter recording system, MetersXpress™, will also be on display. Currently live across multiple properties in North America, this solution helps operators capture progressive meters instantly and accurately using a mobile device, enabling operators to reduce back-of-house labor costs and time thanks to its automated process.

Recent Enhancements to "Digital Neighborhood" Help Expand Market Opportunity
The Company's ecash products and technologies on display at G2E 2022 represent a strategic extension of Everi's current suite of financial technology solutions within the FinTech segment.

Currently serving the majority of the Australian market, Everi will showcase the premium Cash Redemption Terminal ("CRT") which delivers advanced payment technology via a stunning large edge-lit screen and its elegant design. Everi will also display ecash's ultra-small footprint redemption terminal – miniCRT – which it believes is a great fit for U.S. casino small-floor needs as well as the route, bar, and tavern segment. The Premium CRT delivers advanced payment technology with a stunning large edge-lit screen and elegant design.

Everi recently announced 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. On display at G2E alongside Everi's FinTech offerings, 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.

Northern California’s New Sky River Casino Debuts Complete Cashless Convenience with Konami Gaming, Inc.’s SYNKROS and Everi’s CashClub Wallet Technology

Newly constructed entertainment destination launches industry-leading cashless gaming options for guests

Las Vegas, NV — October 5, 2022

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.

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 significant attention to creating memorable experiences for guests,” said Chris Gibase, president and chief operating officer at Sky River Casino. “By investing in cutting-edge cashless technology that brings convenience and innovation to payments, loyalty, and rewards, Sky River allows guests to focus on the entertainment, using whichever touchpoints they prefer.”

“It is incredibly impressive to see the historic opening of Sky River Casino made even larger by an industry-leading technology approach,” said Tom Jingoli, executive vice president & chief operating officer at Konami Gaming, Inc. “Wherever the transaction, with whatever payment method, guests have the opportunity to enjoy robust, real-time loyalty rewards and the use of integrated, digital account funds across all casino touchpoints.”

“As Sky River Casino officially opens and guests are stepping into this brand new 100,000 square foot destination for the first time, they can experience the convenience and advanced player-friendly features of a complete mobile ecosystem, via integrated CashClub Wallet-enabled digital funding at slots and tables, and contactless point-of-sale payments outside of the gaming floor,” said Darren Simmons, executive vice president and fintech business leader at Everi. “Activity across the guest experience is continuously captured, recognized, and rewarded by powerful integrations between Everi’s industry-leading cashless payments solutions and Konami’s robust SYNKROS systems environment.”

Sky River Casino officially opened to the public on August 15, with Konami’s award-winning SYNKROS as the destination’s core casino management system and conveniences of Everi’s CashClub Wallet inviting guests to connect to casino digital funding, rewards, and entertainment from anywhere.

Everi to Debut Player-Engaging Game Content and Newest Cabinet at Global Gaming Expo 2022

LAS VEGAS, Oct. 4, 2022 /PRNewswire/ -- 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 22nd 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.

"Our sustained investment in the development of differentiated cabinets and an expanded portfolio of player-popular games will once again be on display at G2E, with the debut of new products that continue to raise the bar on player engagement and entertainment," said Randy Taylor, Everi President and CEO. "Our G2E product debuts, such as the unique Dynasty Vue cabinet and the more than 50 new overall game titles on display, will once again highlight our successful execution on our multi-year product development roadmap. The Everi Games team continues to support internal product innovation and execute on a well-planned product roadmap with the introduction of Dynasty Vue and compelling content on display at G2E."

"Our newest product introductions at G2E demonstrate the success we are achieving through consistent reinvestment in our product development efforts to deliver highly differentiated gaming experiences that help our casino partners grow revenue by engaging players at increasingly higher levels," said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi. "Our focus is squarely aimed at fully supporting our current markets with an ever-expanding library of compelling game themes and new cabinets, including the launch of Dynasty Vue, which introduces a new era in Everi's hardware history. By combining the benefits of three distinct cabinet form factors, it offers our game developers a platform to create entirely new games that captivate players' attention. We are also excited to share with customers our content for the growing historical horse racing segment on both video and mechanical cabinets."

All Everi Games' products at G2E 2022 are available now or expected to be commercially available in less than six months and include:

New Video Cabinet
Launching in early 2023, the Dynasty Vue cabinet features a unique, custom display that enables Everi's designers to create game mechanics that players would typically experience on a portrait cabinet, while providing the sight lines comparable to a dual-screen cabinet, and the functionality and integrated base of a slant top cabinet. This innovative form factor features a custom 36-inch display and an integrated 27-inch top box, with distinctive dual-banded lighting for maximum attract value. The edge-lit digital button deck allows for increased game configurability and player communication with a dynamic play button and wireless mobile charging capability. The cabinet's integrated base provides flexibility in banking options with a standard 28-inch footprint and new merchandising opportunities. Dynasty Vue will debut with four launch families, including the Combo Cash Series, Money Slam Series, Wild Wheel Series, and the High Rollin' Gems Series – Everi's first multi-game product.

Standard Video Content
More than 10 new themes will be featured on Everi's Empire Flex™ cabinet including the Press Your Luck™ Series and Fu Blossom™ Series, which are both available on Everi's premium TournEvent® Winners Circle™ bank of cabinets, part of TournEvent Everiway™. These marquee banks feature synchronized content with enhanced sign packages that showcase theme-specific content. The Treasure Gates™ Series, Fortune Teller™ Series, Potion Explosion™ Series, and Banner™ Series, with persistent state features available in Class II and Class III, will also be available on the Empire Flex cabinet.

Standard Mechanical Content
Everi will introduce more than six new games on the latest addition to its three-reel mechanical portfolio Player Classic Signature™ which has performed strongly in the field since its first deployment earlier this year. The Platinum Signature Series, Crowns Diamond Respin Series, and Pay Upgrade Series, which introduces a persistence feature to the mechanical segment, will all be showcased at G2E 2022. These themes are reflective of Everi's commitment to innovation in the mechanical space and highlight the game entertainment elements that stepper players appreciate – a math first focus, unique play mechanics, and dynamic art and audio.

Premium Content
Based on the iconic animated variety television show, The Adventures of Rocky & Bullwinkle & Friends™ will be presented on the Skyline Revolve™ cabinet, while Everi's high-performing banked product Flex Fusion™ will showcase several original titles including two follow-on games for the high energy, tornadic themed Cashnado™ game, Storm Surge™ and Super Nova™. Lift Off™, with Locomotion™ and Starboard™ base themes, will also debut on Flex Fusion.

Everi will present two of its strongest performing third party brands – Little Shop of Horrors™ and Willie Nelson™ – in incredible 4K display on the Empire DCX™ cabinet, with Little Shop of Horrors Director's Cut™ and Willie Nelson Live™. Super Fiesta!™, with its four Mexican style gambler centric base themes, and Fruit Ninja Frenzy™, based on the popular mobile game Fruit Ninja, will be presented on the banked Empire Arena™ product.

TournEvent Everiway
Everi will showcase the gold standard in slot tournament solutions and the latest iteration of its award-winning TournEvent offering, TournEvent Everiway. All five versions of TournEvent Everiway will be available at G2E 2022 for customers to learn how these features are designed to improve ease of player access and to drive increased enthusiasm for slot tournament style play. The traditional group-style TournEvent Classic™ and the time flexible "sit-in-go," on-demand TournEvent Now® will be presented along with TournEvent Winners Circle™ and TournEvent Cross Play™, which enables customers to offer promotions across any combination of portrait or dual-screen cabinets. TournEvent Concierge™, powered by Everi's Trilogy™ loyalty platform, delivers a seamless slot tournament experience, simplifying tournament registration for staff and players.

The power of TournEvent will be on full display as Everi will host a charity slot tournament on Wednesday, Oct. 12, at 4 p.m. in the Company's booth, #1150, where nearly $16,000 will be donated to the winners' charities of choice. Players include some of the industry's most recognized slot stars on YouTube, as well as trade journalists and publishers.

Everi to Acquire Strategic Assets of Mobile-First, Guest Engagement Technology Innovator, Venuetize

Acquisition will Enhance Everi's Player Loyalty and Guest Engagement Technology Capabilities and Expand Addressable Market  Beyond Casino Gaming Industry

LAS VEGASOct. 4, 2022 /PRNewswire/ -- 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.

Everi Holdings Inc. Logo (PRNewsfoto/Everi Holdings Inc.)

Randy Taylor, President and Chief Executive Officer of Everi, said, "This acquisition will, for the first time, expand Everi's addressable market beyond casino gaming and also perfectly aligns with our capital allocation strategy, which has delivered a track-record of success of executing on high-return accretive investments that expand our technology capabilities into new markets and new geographies. The complementary assets and established customer base of Venuetize being acquired together with our existing financial access and loyalty products are expected to enable further growth into additional entertainment, sports and hospitality venues and also to create new crossover marketing opportunities with our existing customers."

Venuetize's technology is live in nearly 100 global venues, including partnerships with more than 50 sports teams and event venues associated with nine pro sports leagues and multiple retail and entertainment districts. Such recognized, world-class clients as the PGA Tour, Churchill Downs, TD Garden Hub on Causeway Street, and professional sports teams and venues associated with Major League Baseball, Major League Soccer, National Basketball Association, National Women's Soccer League and National Hockey League, have partnered with Venuetize to build connected fan and guest communities through enhanced mobile engagement. In addition to expanding Everi's addressable market into gaming-adjacent industries, with more than 185 third-party technology integrations, Venuetize is also expected to accelerate the growth of Everi's mobile wallet and loyalty offerings with established gaming customers through an expanded array of new mobile products and integrations.

The transaction is anticipated to close within 30 days, subject to customary conditions. The acquisition will be funded from existing cash on hand. Following the acquisition of these assets, Venuetize's experienced team will join Everi.

Darren Simmons, Executive Vice President and FinTech Business Leader of Everi, said, "Venuetize will grow Everi's base of recurring revenues, and leverage our combined capabilities and third-party integrations to further elevate the capabilities of our range of mobile and wallet offerings for both gaming and gaming-adjacent customers. We are excited to welcome the talented Venuetize team to Everi. We look forward to adding their expertise and the company's innovative technology solutions, which we expect will quickly become an important contributor toward our ongoing mobile-first growth initiatives. Having already established itself as a leading mobile platform provider in the sports, venue and entertainment markets, the addition of Venuetize begins an exciting new chapter for Everi, catapulting us into an expanding mobile space with recognized clients and venues known around the world."

Jon Romm, Venuetize's Founder and Chief Executive Officer, said, "I am thrilled at the opportunity to bring our expertise and leading solutions to the evolving mobile landscape in gaming. The knowledge and experience that our team has gained in delivering seamlessly integrated and complex mobile-first platforms to stadiums and other venues will readily create an encompassing fabric to strengthen guest engagement across any gaming enterprise."

Everi Named to Nevada "Top Workplaces" List by the Las Vegas Review-Journal and Las Vegas Business Press

LAS VEGAS, June 8, 2022 /PRNewswire/ -- 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 Place to Work®" from the Great Place to Work Institute in India, which is based on positive employee feedback gathered through an independent employee engagement survey.

"We are honored to be recognized again for our diligent work to create a positive company culture and shared values across multiple office locations in Nevada as well as with our talented team of remote employees," said Randy Taylor, Everi President and CEO. "As these awards are based upon direct feedback from our dedicated team members, they demonstrate the view of our workforce and serve to hold us accountable to live up to our core values and make Everi a unique place to work."

Issued by Energage, the research company with more than 16 years of experience surveying over 27 million employees at 70,000 organizations, Top Workplaces awards are based solely on employee feedback gathered through a third-party survey administered by employee engagement technology partner Energage LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, including: alignment, execution, and connection, among others.

"Top Workplaces is a beacon of light for organizations as well as a sign of resiliency and impressive performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."

Everi Acquires Developer of Historical Horse Racing Games, Intuicode Gaming

LAS VEGASMay 3, 2022 /PRNewswire/ -- 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 2024.  Total consideration is expected to be $22 million - $27 million, and Everi expects to fund the purchase price from existing cash on hand and future cash flow.

Dean Ehrlich, Everi's Executive Vice President and Games Business Leader, said, "This acquisition is a significant opportunity that brings substantial HHR knowledge and game development expertise to Everi that we expect will help expedite the development and commercialization of our extensive library of content into the HHR market and favorably position us for future growth. We are excited to welcome members of the Intuicode team to Everi, and we look forward to combining our respective strengths to develop new content as well as convert our proven, player-popular games to address the growing HHR market."   

Everi Holdings Earns Four 2022 Top Workplaces "Culture Excellence" Awards

LAS VEGAS, April 27, 2022 /PRNewswire/ -- 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". Everi's India offices also recently received an annual certification as a "Great Place to Work®" from the Great Place to Work Institute in India, based on positive employee feedback gathered through an independent employee engagement survey.

"We are honored to be recognized again for our efforts to build a diverse and cohesive culture across our domestic and international operations including recognition for our remote employee programs," said Randy Taylor, Everi President and CEO. "These awards are based upon feedback from our dedicated team members, who continue to ensure that we live up to our core values while making Everi such a unique and amazing place to work."

Issued by Energage, the research company with more than 16 years of experience surveying over 27 million employees at 70,000 organizations, Top Workplaces awards are based solely on employee feedback via a research-backed, 24-item employee engagement survey. "Culture Excellence" awards celebrate organizations that excel in specific areas of workplace culture.

"Top Workplaces is a beacon of light for organizations as well as a sign of resiliency and impressive performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."

Everi Holdings to Showcase In-Demand Games, FinTech Advancements, and Digital Content at the 2022 Indian Gaming Tradeshow & Convention

ANAHEIM, Calif. and LAS VEGAS, April 19, 2022 /PRNewswire/ -- 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™, the next iteration of Everi's one-of-a-kind TournEvent® platform. TournEvent Everiway provides added flexibility that enables all TournEvent supported cabinets, including dual-screen and/or portrait, to deliver the group-style TournEvent Classic™ or sit-and-go TournEvent Now® promotions. Player Classic Signature, the newest addition to Everi's successful mechanical cabinet portfolio, will also be showcased with several of its launch themes, including the Gems Deluxe™ Series as well as the Jackpot Power™Series, which features a progressive-tier burnout mechanic.

Smokin' Hot Stuff Wicked Wheel Fire & Ice™, with its two mischievous characters, will be presented on the Flex Fusion™ premium cabinet, Everi's fully featured banked product. Little Shop of Horrors Director's Cut™, which builds off the high-performing theme on the Empire MPX® portrait cabinet, and Outlander™, which is based on the hugely successful television series, will both be shown on the Empire DCX™ premium cabinet. Fu Lu Shou Land of Wealth™, presented on Empire Arena™ cabinet, showcases two unique base games that are chock full of exciting features, including a heart-pounding two-minute frenzy mode.

Everi's FinTech solutions continue to help tribal operator partners meet the emerging mobile ecosystem via the Company's "Digital Neighborhood," its complete suite of financial, casino loyalty and compliance products and services that bring commonality and continuity to operator workflows. With a particular focus on self-service, the growth of Everi's "Digital Neighborhood" suite demonstrates the Company's leadership position and highlights its ability to develop solutions that improve the casino patron experience across loyalty, payments, and casino operations.

The CashClub Wallet® solution integrates and extends cashless payments throughout the gaming enterprise using traditional, alternative, and mobile technologies. CashClub Wallet is a mobile digital wallet that allows casino operators to offer their guests the option of cashless and contactless funding of electronic game play, including funding at the gaming device, as well as payments at the point of sale or online to fund sports betting or social gaming. JackpotXpress, the intuitive jackpot and tax forms management solution, allows casino staff to securely and efficiently process slot jackpots using a mobile device right at the winning gaming machine. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure payment, tax forms management and anti-money laundering tracking into a single solution. Also on display will be the award-winning Trilogy™ loyalty platform, offering player-centric gaming solutions to enroll and engage customers while providing a premium experience that follows them across the gaming floor and beyond.

The Company will also exhibit its growing and unique library of award-winning iGaming content, including digital progressive games, all delivered via the proprietary Spark™ Remote Game Server ("RGS"). Over the past three years, Everi Digital has extended the footprint of the Spark RGS to include Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia in the United States, as well as Atlantic Canada, British Columbia, Manitoba, Ontario, and Quebec in Canada. During this time, Everi has become a top provider of iGaming content to operators and has consistently grown its reputation for creating compelling content. Everi's digital gaming catalog now consists of more than 50 distinct titles, with more on the way.

"We look forward to returning to the Indian Gaming Tradeshow & Convention to demonstrate our ongoing commitment to our Native American gaming partners," said Randy Taylor, Everi President and CEO. "Everi has a long, successful history of supporting tribal gaming operators, providing a broad portfolio of products that enhance the patron experience and help improve casino operational efficiency."

Everi Acquires Strategic Assets from XUVI

Acquisition Increases Loyalty Technology Capabilities

LAS VEGASApril 14, 2022 /PRNewswire/ -- 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 analytics and automation of routine marketing tasks, and optimizes marketing spend by reducing over and under-reinvestment. BEAMSTUDIO is expected to assist Everi's current QuikMarketing capabilities and leverage consumer data to assist casino marketers and deliver intelligent interactions across all channels and lay the foundation for highly targeted, cost-effective, and successful campaigns to acquire new patrons and strengthen existing customer relationships with precision and insight.

Darren Simmons, Everi's Executive Vice President and FinTech Business Leader, said, "The combination of XUVI's technology with our existing innovative loyalty solutions and marketing services will further strengthen our ability to provide customers with actionable information to enhance their patrons' gaming experience and drive revenue growth. This transaction marks another proof point of our focus on providing the gaming industry with the most extensive suite of loyalty and marketing technology to deliver a one-stop shop of comprehensive, integrated solutions that enable a seamless, convenient experience for casino patrons while delivering operational efficiencies for casino operators."

Everi Holdings Inc. Partners with Scarlet Pearl Casino Resort to Provide Casino Guests with Crypto-to-Cash Solution

D'IBERVILLE, Miss. and LAS VEGAS, April 12, 2022 /PRNewswire/ -- 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 in the age of digital currency. Combining B4U Financial's solution with Everi's ATMs and, in the future, additional financial access solutions at Scarlet Pearl, furthers our collective goal of being able deliver an enhanced and seamless patron experience," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "We continually evaluate advanced technologies that can add new capabilities to our 'Digital Neighborhood,' and our ability to integrate with the B4U Financial crypto solution meets this criterion by enabling us to further diversify the types of financial transactions we can offer to casino guests."

Located in D'Iberville, Mississippi, the Scarlet Pearl Casino Resort continues to invest in the existing casino and improve amenities to better serve all customers. Scarlet Pearl's partnership with Everi dates back to the casino's opening in 2015, with the installation of a full suite of financial and loyalty products and services, as well as electronic gaming machines.

"Scarlet Pearl's collaboration with Everi allows our guests a new way to fund their experience, as we continue our focus on setting high standards for player convenience and engagement," Scarlet Pearl CEO LuAnn Pappas said. "We are dedicated to delivering innovative experiences, and we are excited to be the first casino in Mississippi to introduce this new feature for our guests."

Everi Digital Expands High-Performing Online Slot and Gaming Content in Ontario

TORONTO and LAS VEGAS, April 4, 2022 /PRNewswire/ -- 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 as Ontario significantly expands its regulated online casino market access.

"Everi Digital is excited to partner with several new operators in Ontario to provide our award-winning gaming content to a continuously growing audience of online players throughout North America," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "With the expansion of our digital catalog to include progressive games, the Spark RGS now supports over 50 distinct titles, with a footprint stretching across four Canadian provinces. Our growing library of games have proven popular with Canadian audiences since we entered Quebec in 2020 and we are confident that players in the newly expanded Ontario market will agree."

Industry-recognized titles now available to a wider audience in Ontario include: the award-winning Cash Machine®, the classic three-reel, 9-line video title Double Ruby®, and El Dorado The Lost City® – a five-reel, 40-line game featuring a "reel match" bonus.

EVERI HOLDINGS JOINS THE U.S. ARMY'S PARTNERSHIP FOR YOUTH SUCCESS PROGRAM

LAS VEGAS, March 10, 2022 /PRNewswire/ -- 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 individuals with discipline, focus, and a strong work ethic cultivated while in service," said Randy Taylor, Everi President and COO. "As a company that has a strong focus in the technology industry, with job availability across our Games and FinTech business segments, we are eager to engage with veterans who possess a variety of skillsets. This is a win-win engagement for us both; we couldn't be more proud to work with the U.S. Army and those who have served our country."

Participation in PaYS allows partners, such as Everi, the opportunity to mentor soldiers and newly commissioned officers as they transition to private employment. The U.S. Army, as compared to its sister services, has a significantly larger recruiting mission for both active duty, Army Reserve and Army National Guard, on an annual basis. Therefore, the Army uses many recruiting incentives, including PaYS, in order to man the force.

EVERI HOLDINGS RECOGNIZED IN THREE CATEGORIES AT 2022 EKG SLOT AWARDS

Black Diamond® and Double Black Diamond™ Win "Top Performing" Mechanical Reel Awards; Everi Again Named "Most Improved Supplier"

LAS VEGAS, March 7, 2022 /PRNewswire/ -- 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 machine supplier by our casino operator customers. These wins were made possible by the hard work and tireless effort from multiple departments across the Everi team," said Dean Ehrlich, Everi Executive Vice President and Games Business Leader. "We will continue to build upon our success in both the video and mechanical reel segments, and are planning for the development of even more engaging player experiences and award-worthy products in the coming years. The entire Everi team thanks Eilers & Krejcik Gaming for highlighting and recognizing the performance of our compelling gaming content."

EKG Slot Award winners are determined through a data-driven process, combined with input from a distinguished industry advisory board, and official voting from over 100 qualified slot directors. These slot directors represent over 300 casinos that operate roughly 300,000 slot machines across the U.S. and Canada.

EVERI REPORTS RECORD FOURTH QUARTER AND FULL YEAR 2021 RESULTS

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%

LAS VEGAS, March 1, 2022 /PRNewswire/ -- 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 benet related to the reversal of deferred tax asset valuation allowances.
- Adjusted EBITDA, a non-GAAP financial measure, increased 45% to a fourth quarter record of $88.8 million from $61.2 million in the 2020 fourth quarter.
- Free Cash Flow, a non-GAAP financial measure, rose 37% to $19.7 million, inclusive of $31.5 million in placement fees paid to extend an agreement with a customer and to fund incremental placements with another customer, compared to $14.4 million of Free Cash Flow in the 2020 fourth quarter.


Record Full Year 2021 Financial Highlights

- Revenues rose 72% to $660.4 million compared to $383.7 million in 2020, and exceeded the prior record year achieved in 2019 by 24%, or $127.2 million.
- Net income, inclusive of $34.4 million in pre-tax costs for the extinguishment of debt associated with the Company's refinancing of its outstanding debt in the third quarter and the income tax benefit noted above, increased to a record $152.9 million, or $1.53 per diluted share, compared to a net loss of $81.7 million, or $(0.96) per diluted share, in 2020 and was $136.4 million higher than 2019.
- Adjusted EBITDA, a non-GAAP financial measure, increased 97% to $347.2 million compared to $176.5 million in 2020 and was 37%, or $94.0 million, higher than the prior record of $253.2 million generated in 2019.
- Free Cash Flow, a non-GAAP financial measure, increased to a record $158.7 million from $28.9 million in 2020 and was more than triple the $43.8 million generated in 2019.

Michael Rumbolz, Chief Executive Officer of Everi, said, "Our record fourth quarter 2021 results capped a year in which we delivered record-setting annual financial performance across our business. Driven by significant successes in both our Games and FinTech segments, we achieved new all-time full-year records for revenues, net income, Adjusted EBITDA, and Free Cash Flow.

"This performance reflects our strategic focus on growing our recurring revenues and our continued investment in the development of new and enhanced products that help our customers grow revenue and manage their business more effectively. The dedicated and collaborative efforts of our talented global workforce to execute on our operating priorities are clearly evidenced in these strong results. As we begin 2022, our core recurring-revenue businesses continue to grow and our newer initiatives – including iGaming and cashless wallet technology – have a strong foundation from which we expect to generate substantial contributions to our future financial performance.

"For 2022, we expect another year of steady growth as our operating results benet from the continued expansion of our installed base of leased gaming units, growing ship share of gaming machines sold, continued increases in same-store financial access transactions and ongoing organic growth of our Loyalty and regulatory compliance ("RegTech") solutions. Ongoing momentum in these product categories combined with our prudent management of operating and R&D expenses is expected to deliver another year of strong Free Cash Flow generation that will continue to enable Everi to allocate capital towards return-focused investments that generate further growth.

"Our capital allocation priorities will focus on increasing investment in internal product innovation and product enhancements to sustain consistent longer-term growth, as well as the continued pursuit of scalable, bolt-on acquisitions that can expand our product portfolio, boost our addressable market, geographically grow our currently served markets, and further diversify our revenue sources. Our recent announcements to acquire ecash Holdings and certain assets of Atlas Gaming in Australia provide long-term growth opportunities that complement our business strengths."

Randy Taylor, Everi's President and Chief Operating Officer, added, "Our fourth quarter financial results reflect the successful alignment and execution of our operating initiatives. Despite a year that began with substantial pandemic impacts, our Games business achieved record gaming machine unit sales and ended the year with a record-high gaming operations installed base.

Our FinTech business generated significant year-over-year quarterly growth in same-store financial access transactions and funds processed that exceeded historical growth rates and our Loyalty and RegTech software solutions recorded double-digit revenue increases.

"Our operating momentum has been driven primarily by the strength of our high-margin Games and FinTech recurring revenue operations. Momentum in our Games business is evidenced by the achievement of the 11th consecutive quarter-end increase in our installed base of gaming operations units, inclusive of higher-earning premium units that helped drive a year-over-year increase in daily win per unit. Record quarterly slot machine sales of 1,910 units, a 62% sequential increase over the strong 2021 third quarter unit sales and a 42% year-over-year improvement over the 2019 fourth quarter, reflect continued growth in our ship share of replacement units. With annual industry replacement sales expected to increase in 2022, the investments we have made to expand and extend our Games portfolio have positioned Everi to achieve consistent progress towards our longer-term target of a 15% ship share for units sold.

"Our FinTech business generated record revenue, operating profit and Adjusted EBITDA in the fourth quarter, reflecting the benefit of our investments in the development of a comprehensive portfolio of integrated solutions that allow customers to operate more efficiently and productively. During the quarter, we facilitated more than 31 million transactions that delivered nearly $10 billion in value of funds to casino floors, a 25% increase over the then-record level of funds delivered in the pre-pandemic 2019 fourth quarter.

"Our improved earnings continue to translate into substantial Free Cash Flow, which increased more than five-fold year over year in 2021 to $158.7 million; a level that exceeds the last five years combined. We expect to continue to generate strong Free Cash Flow this year, which positions us to increase the capital we allocate towards return-focused investments in product innovation to sustain our growth and provide continued optionality to pursue accretive, scalable acquisitions that further enhance our growth prospects. We believe the Company's best years are still ahead and with a well-defined operating plan and our team's exceptional ongoing execution, we will continue to build stakeholder value."

See complete release with spreadsheet at https://s1.q4cdn.com/401000259/files/doc_news/EVERI-REPORTS-RECORD-FOURTH-QUARTER-AND-FULL-YEAR-2021-RESULTS-2022.pdf.

Everi to Acquire Financial Technology Provider - ecash Holdings Pty Ltd.

Complementary acquisition will expand Everi's FinTech reach into broad Australian gaming market for cash handling and payment solutions

 

LAS VEGAS, Feb. 7, 2022 /PRNewswire/ -- 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 conditions, is expected to occur within 60 days.

Everi will acquire ecash for guaranteed payments totaling AUD$33 million, with an initial payment at the time of closing of AUD$20 million (approximately US$14 million) with the remaining payments to be made on each of the first and second anniversaries in 2023 and 2024, respectively, following the date of the transaction's closing. Subject to achieving certain growth targets, there will be an additional contingent payment of up to AUD$10 million, which could increase the total consideration up to AUD$43 million. Everi expects to fund the total purchase price from existing cash on hand and future cash flow.

"We are pleased to enter into this agreement to acquire ecash and welcome their entire team to Everi upon the closing of the transaction," said Randy Taylor, Everi's President and Chief Operating Officer. "ecash is a strategic addition to our growing global portfolio that will provide Everi with an entry into the large Australian gaming market thanks to their experienced team, proven product portfolio and established customer base. The acquisition will also provide us with an incremental customer base in certain U.S. and other gaming markets we do not currently serve. Everi has never been better positioned as we continue to successfully execute our strategic growth initiatives."

Darren Simmons, Everi's Executive Vice President and FinTech Business Leader, said, "The integration of ecash into our robust FinTech portfolio and ability to scale this complementary business represents a significant opportunity to further expand our leadership position in the space and further diversify the markets we serve. We also expect that several of our FinTech and RegTech products, such as our Trilogy™ Loyalty solutions and Anti-Money Laundering software, will have applicability and add value for Australian gaming operators."  

Andre Soussa, Chief Executive Officer of ecash said, "We are thrilled by the opportunity to join the gaming industry's FinTech leader. By integrating ecash's current products and markets with Everi's offerings, we will be able to add value across a much wider range of clients and unlock exciting new growth opportunities along the way." Subsequent to closing, Mr. Soussa will be employed by Everi in the capacity of Managing Director, Australia.

EVERI NAMED TO "TOP WORKPLACES USA 2022" LIST

LAS VEGAS, Feb. 2, 2022 /PRNewswire/ -- 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 individuals," said Michael Rumbolz, Everi Chairman and CEO. "Our core values guide everything we do at Everi, and at the center of our values is our strong culture of inclusion and collaboration. These awards clearly identify and recognize our efforts to foster a diverse and cohesive culture across multiple office locations and among our employees who continue to work remotely."

The latest recognition as a "Top Workplaces USA 2022" joins a growing list of awards for Everi. The Company earned a "Greater Austin Top Workplaces 2021" distinction from The Austin American-Statesman, as well as a "Nevada Top Workplaces 2021" award from The Las Vegas Review-Journal and Las Vegas Business Press. Everi also earned national plaudits in 2021, winning a Top Workplaces 2021 Culture Excellence Award for "Direction" due to employees' high ratings and their proven willingness to be more invested in Everi's culture because of a belief in the direction set by senior leadership, and a 2021 Culture Excellence Award for "Remote Work" in October due to diligent efforts to create a desirable culture in a remote work environment. Everi's India offices also recently received an annual certification as a "Great Place to Work®" from the Great Place to Work Institute in India, based on positive employee feedback gathered through an independent employee engagement survey.

"Companies need to actively cultivate a cohesive employee culture while authentically representing their brand to job-seekers," said Eric Rubino, Energage CEO. "We believe the employee experience is mission-critical and think that leaders who embrace a people-first culture benefit greatly. By giving employees a voice and showcasing an authentic culture, organizations can attract and retain job seekers, ultimately resulting in strong corporate performance."

Everi Appoints Secil Tabli Watson and Paul Finch to Board of Directors; Ronald Congemi to Retire from Board in May; Atul Bali to Become Lead Independent Director

LAS VEGASJan. 26, 2022 /PRNewswire/ -- 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 the Board to ten members.

Ronald Congemi, Lead Independent Director of the Board, has informed the Company he will retire from the Board and will not stand for reelection at the Company's 2022 Annual Meeting of Stockholders, which is currently scheduled for May 18, 2022. The Board has selected Atul Bali, a member of the Board for the last two years, to become Lead Independent Director upon Mr. Congemi's retirement.

Michael Rumbolz, Chairman and Chief Executive Officer of Everi, said, "We are delighted to welcome Secil and Paul to Everi. Their achievements and distinguished experience make them ideal additions to the Board of Directors. Secil's global and digital experience as former Head of Digital Solutions at Wells Fargo and Paul's successful leadership of Early Warning Services and its collaborative launching of the banking industry's first real-time payments network Zelle® bring to the Board a wealth of business and financial industry knowledge. We look forward to benefiting from their insights and counsel as we focus on executing our growth strategies that will propel Everi on its path of building value for our stakeholders. At the same time, we want to thank Ron for his distinguished service to our Board. Everi will miss his insight and contributions."

Secil Tabli Watson
Ms. Watson has more than 25 years of experience in early start-up, large corporate and management consulting environments with deep understanding of digital, banking and financial technology. Until March 2021, as Executive Vice President and Head of Digital Solutions at Wells Fargo, she was responsible for digital transformation and oversaw innovations in payments, cyber-fraud and customer experience, including enhancing the bank's capabilities in the areas of mobile, authentication, fraud prevention, open banking APIs and P2P payments. During her 18 years at Wells Fargo, she transformed the bank's digital operations, managed key enterprise digital channels for consumers, businesses and commercial customers, and managed product P&Ls. She will bring to the Board a global perspective, having managed globally dispersed teams, including working in various geographies such as Australia and the United Kingdom.

Ms. Watson is an independent director of Bank of Marin Bancorp and Bank of Marin, Mclarend Technology Acquisition Corporation, a Special Purpose Acquisition Company focused on acquiring fintech companies, and Landed, a start-up whose mission is to help essential workers own their homes, and she advises Fortune 500 and growth companies on digital transformation and product strategy. She is a long-time practitioner of Diversity and Inclusion workplace programs, an advocate for conservation, and passionate about creating great customer experiences that deliver both business and community value.

Paul Finch
Mr. Finch is an accomplished entrepreneur and corporate leader. He was the chief executive officer of Early Warning Services, LLC from 2003 to 2019 and successfully guided Early Warning through several transformations, beginning with the transition to a bank-owned consortium model in 2006, and continuing with a series of strategic acquisitions and partnerships. In 2017, together with financial institutions across the U.S., Early Warning launched Zelle®, the banking industry's first real-time payments network. With more than 1,000 financial institutions, the Zelle Network includes small community banks and credit unions together with the largest national banks. Under his leadership, his team achieved consistent annual growth and established Early Warning as the pre-eminent provider of real-time payments, risk and authentication solutions to financial institutions nationwide.

Mr. Finch began his career in the payments industry as the founder and CEO of ACH Systems, an electronic payment technology outsourcing company specializing in the processing and settlement of U.S. ACH transactions. Subsequently, he headed global operations, technology and customer support at eFunds corporation. He is the president of the Finch Family Foundation, a non-profit organization in Phoenix dedicated to serving children and families in need, as well as an independent member of the Boards of FormFree Holdings Corporation, Capital Markets Gateway LLC, and Aiya Financial Technologies, innovative privately owned technology companies serving the financial industry. In 2017, Mr. Finch was named one of the 10 most innovative CEOs in Banking by Bank Innovation magazine

Atul Bali
Mr. Bali joined the Everi Board in 2019. He currently serves as Chairman of The Football Pools Ltd, the oldest pool betting organization in the world and Instant Win Gaming Ltd., a provider of mobile instant win games to state lottery operators in Europe and North America. In addition, Mr. Bali is an investor in, and advisor to, a range of privately held lottery, sports betting, igaming and fintech businesses. He also serves as a director on the board of Rainbow Rare Earths PLC, a UK listed producer of Rare Earth Metals with operations in South Africa and Burundi.

Having qualified as a Chartered Accountant with KPMG, Mr. Bali joined GTECH Corporation (now IGT) in 1997, and over 13 years held various executive positions, including President and CEO of GTECH G2. Subsequently, he served as CEO of XEN Group from 2010 to 2012 and thereafter in divisional President & CEO roles at Aristocrat Technologies Inc. from 2012 to 2014, RealNetworks, Inc. from 2014 to 2015, Gaming Realms PLC where he served on the board of directors from 2014 to 2018 and held the position of Deputy Chairman from 2015 to 2018 and Chairman of the Board of Meridian Tech Holdings Ltd from 2016 to 2021.

Exacta Systems Signs Historical Horse Racing Agreement with Everi Holdings

BOYNTON BEACH, Fla., Jan. 19, 2022 /PRNewswire/ -- 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 cabinets and player-popular game content will resonate well with HHR patrons."

Everi Agrees to Acquire Strategic Assets and Retains Experienced Team from Australia-Based Atlas Gaming

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, Everi’s Executive Vice President and Games Business Leader, said, “We are excited to welcome members of the talented and experienced Atlas team to Everi. We look forward to Atlas’ game developers and engineers bringing a global perspective that will help us execute a more robust product roadmap and support our growth strategy of delivering best-in-class content. This transaction strengthens Everi’s development capabilities and will further bolster the future expansion and differentiation of our gaming products. We expect to leverage the Atlas development team and purchased assets to provide more original content for our current customer base while creating an opportunity to further penetrate the markets Atlas has historically served, including Australia.”  

EVERI DONATES $10,000 TO ST. JUDE’S RANCH FOR CHILDREN

LAS VEGAS – (December 22, 2021) – 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 it donated $10,000 to St. Jude’s Ranch for Children.

For 55 years, St. Jude’s Ranch for Children in Southern Nevada has been a community of hope and healing; now the charity is building a first-of-its-kind program, the Healing Center, for the specialized care of child victims of sex trafficking. St. Jude’s Ranch for Children’s mission is to transform the lives of abused and at-risk children, young adults and families by empowering them to create new choices and new hope in a caring community.

This donation to St. Jude’s Ranch for Children is part of Everi’s overall strategy to support communities across the country. In addition to monetary support, Everi collaborates with nonprofit organizations to provide other support and employee volunteers. The Company also developed the award-winning Everi Cares Giving Module that allows casino operators to provide their gaming patrons a simple platform to donate the change from redeemed gaming vouchers while allowing operators to create good will, support their communities, and promote corporate social responsibility.

“We aim to bring positive, lasting change to the communities in which we operate and like to support local organizations that are being innovative,” said Randy Taylor, Everi President and COO. “Teaming with St. Jude’s Ranch for Children provides a direct impact in our community.”

Everi Announces Senior Management Transition

CEO Michael Rumbolz to be Appointed Executive Chairman; COO Randy Taylor to be Appointed CEO

LAS VEGASDec. 15, 2021 /PRNewswire/ -- The Board of Directors 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 Chief Executive Officer Michael D. Rumbolz will be appointed Executive Chairman of the Board and that current Chief Operating Officer Randy L. Taylor will succeed Mr. Rumbolz as Chief Executive Officer of the Company. Mr. Taylor also will be appointed to the Board of Directors. All appointments will be effective April 1, 2022.

"Under Mike's leadership the Company's market capitalization has increased from $168 million at the time of his appointment as Interim President and CEO in February 2016 to approximately $2 billion today," said Ronald Congemi, Lead Independent Director of Everi. "The Company's appreciation in market value, the significant growth we have achieved across our business and the culture of collaboration and innovation that exists at Everi today all directly reflect Mike's leadership. Mike was instrumental in establishing a vision for Everi, and he steered the Company through significant changes while implementing new operational practices. His contributions include improving the Company's depth and breadth of leadership, driving a corporate culture based on teamwork, collaboration and inclusion, and putting Everi on a growth path based on continuous operational improvement. He led the Company's smart, targeted internal and external investments that have significantly improved the Company's earnings power and its Free Cash Flow. Mike has placed Everi on a very strong foundation for the future. On behalf of our Board of Directors, we sincerely thank Mike for his nearly six years of outstanding service to the Company as our CEO, and we are excited that we will continue to benefit from his experience, insights and guidance as Executive Chairman."

 

"During his more than ten years at Everi, Randy Taylor has consistently assumed additional leadership and operations responsibilities. We are very fortunate to have a talented executive in Randy who is capable of seamlessly stepping into the CEO role to continue to lead and advance the strong growth trajectory and momentum the Company has established over the last several years," said Ronald Congemi. "Randy knows Everi intimately and has played a critical role in shaping the Company's growth initiatives while also being a leading advocate for establishing the values and principles we stand for as a company. Randy is highly respected by all of our stakeholders, both in and outside the company, and the Board is highly confident he is ideally suited to become our next CEO to continue to advance and execute Everi's growth strategy in the years ahead."

"I am honored by the trust the Board has shown me and excited by the substantial opportunities we have to grow Everi in the years ahead," said Randy Taylor. "Mike has had a tremendous influence on building Everi, and I have greatly appreciated the opportunity to work closely with him. With our core, recurring-revenue businesses continuing to grow strongly and early-phase growth ventures like iGaming and our cashless wallet technology set to be meaningful contributors in the future, Everi is favorably positioned for near and long-term growth and continued success."

Randy Taylor has served as President and Chief Operating Officer since April 1, 2020, having previously been Executive Vice President, Chief Financial Officer and Treasurer since March 2014. Mr. Taylor joined Everi in November 2011 as Senior Vice President and Controller.

Prior to joining Everi, he served at Citadel Broadcasting Corporation for ten years rising through a variety of financial roles to become Chief Financial Officer and Principal Financial Accounting Officer. Previously, Mr. Taylor served in various financial positions in the gaming industry with both casino operators and gaming suppliers.

Mike Rumbolz added, "It has been an honor to serve as Everi's CEO, working with the finest team in the industry for nearly six years. I believe the Company's best years are still ahead and I look forward to all of Everi's future successes. I am confident that under the continuity of the Company's leadership highlighted by Randy assuming the CEO role and with our great team, that Everi will continue to drive our existing business momentum and will continue to grow shareholder value."

Mr. Rumbolz served first as Everi's Interim President and Chief Executive Officer from February 2016 to May 2016, then President and Chief Executive Officer from May 2016 through March 2020, and since April 1, 2020 as Chief Executive Officer, having previously served as a member of the Board since 2010. From 2008 to 2010, he served as a consultant to the Company advising upon various strategic, product development and customer relations matters. Prior to that, he served as the Chairman and Chief Executive Officer of Cash Systems, Inc., a provider of cash access services to the gaming industry, from 2005 until 2008 when the Company acquired Cash Systems, Inc.

Mr. Rumbolz has provided consulting services and held various public and private sector employment positions in the gaming industry, including serving as a Member and Chairman of the Nevada Gaming Control Board from 1985 to 1988. He previously served as the Vice Chairman of the Board of Casino Data Systems, the President and CEO of Anchor Gaming, the Director of Development for Circus Circus Enterprises (later Mandalay Bay Group), and the President of Casino Windsor at the time of its construction and opening in Windsor, Ontario. In addition, Mike was the Chief Deputy Attorney General of the State of Nevada.

Mike currently serves as a Member of the Board of Managers of Seminole Hard Rock Holdings, LLC and as a Director of VICI Properties Inc. (NYSE: VICI).

EVERI LAUNCHES HIGH-PERFORMING ONLINE GAMING CONTENT WITH ATLANTIC LOTTERY CORPORATION

Expands Canadian Footprint to Atlantic Canada

LAS VEGASDec. 13, 2021 /PRNewswire/ -- Everi Digital, the online gaming division 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, announced today a new partnership to bring its award-winning gaming content to Atlantic Lottery Corporation's ("ALC") online casinos.

Everi's exciting three-reel mechanical and video slot content is now available online across the New Brunswick province. The Company is securely delivering its iGaming slot content to ALC via the proprietary Spark Remote Game Server™ ("Spark RGS"). Over the past three years, Everi Digital has extended the footprint of the Spark RGS and, in addition to ALC, provides its content to the Canadian provinces of British ColumbiaManitobaOntario, and Quebec, as well as operators in the states of ConnecticutMichiganNew JerseyPennsylvania, and West Virginia.

 

The Company is a leading provider of iGaming content and has consistently grown its reputation for creating compelling content. Everi's digital gaming catalog now features more than 50 engaging titles. Two of the Company's industry-recognized titles available at launch via the alc.ca online casino include Atomic Meltdown™, a three-reel, five-line game, and El Dorado The Lost City®, a five-reel, 40-line game featuring a "reel match" bonus.

"Our valuable new partnership with ALC allows Everi Digital to expand the footprint of our state-of the-art Spark RGS platform and deliver high-performing content to online players in Atlantic Canada," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "Everi's strong and growing digital game presence continues to resonate with players in all of our current markets. We're confident that as we further extend our online presence to include most of Canada, our distinct games will prove popular with ALC's online players."

Atlantic Lottery's alc.ca platform is the only regulated online casino in Atlantic Canada. The alc.ca platform experienced record sales in 2020-21 and continues to grow, demonstrating the rapidly growing importance of the Atlantic Lottery Corporation's online presence. By offering competitive games within a regulated environment, Atlantic Lottery also provides players access to robust responsible gambling features.

"Our agreement to bring Everi's unique digital slot and video content to alc.com is another example of Atlantic Lottery's continued commitment to invest in its digital channels," said Robert Lalonde ALC Manager, iGaming. "Our fast-growing alc.ca platform is part of our overall emphasis on modernizing our player experiences to allow us to effectively compete in this highly contested market."

Everi Named To List Of "Greater Austin Top Workplaces 2021" By The Austin American-Statesman

Everi Recognized as a "Top Workplace" for Second Time; Company Receives Culture Excellence Award for Remote Work

 

LAS VEGAS, Nov. 15, 2021 /PRNewswire/ -- 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 loyalty solutions, announced today that it has been honored with a "Greater Austin Top Workplaces 2021" award by The Austin American-Statesman.

The Austin-based newspaper published its full list of the award winners in a special "Top Workplaces 2021" section on November 12.

In addition to the recognition from The Austin American-Statesman, Everi earned a national Top Workplaces 2021 Culture Excellence Award for "Remote Work" in October due to its diligent efforts to create a desirable culture in a remote work environment. The Company also received in September a Nevada Top Workplaces 2021 award from The Las Vegas Review-Journal and Las Vegas Business Press, which published in September. Furthermore, it secured a national Culture Excellence Award in May for "Direction" as a result of employees' high ratings and their proven willingness to be more invested in Everi's culture because of a belief in the direction set by senior leadership.

"This award from The Austin American-Statesman would not be possible without the contributions of and feedback from our dedicated Everi team members," said Michael Rumbolz, Everi Chairman and CEO. "It is incredibly gratifying to see Everi's diverse team of passionate and talented individuals recognized with yet another workplace achievement. At our core, we are driven by a strong culture of collaboration, and these awards clearly identify and recognize our efforts across multiple office locations and where our employees continue to work remotely."

The list of "Greater Austin Top Workplaces 2021" is based solely on employee feedback, gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, such as alignment, execution, and connection.

"During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."

EVERI REPORTS 2021 THIRD QUARTER RESULTS

Growth in Games and FinTech Segments Drives Quarterly Record Recurring Revenue

Raises Full-year Revenue and Earnings Guidance


Las Vegas – November 3, 2021 - 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 third quarter results for the period ended September 30, 2021.

Third Quarter 2021 Financial Highlights and Updated Full Year Outlook

As the third quarter 2020 financial results were significantly impacted by the COVID-19 pandemic, Everi believes a more meaningful comparison for its 2021 third quarter results and an indication of its growth is to the 2019 third quarter results, for which revenues and Adjusted EBITDA were higher than in the 2020 third quarter.

Financial results for the 2021, 2020 and 2019 third quarter periods are presented in the
Consolidated, Games and Financial Technology Solutions comparative results tables below.


• Revenues rose 25% to $168.3 million, compared to $134.6 million in the 2019 third quarter.

• Operating income more than doubled to a record $55.1 million compared to $27.3 million in
the 2019 third quarter. Net income, inclusive of $34.4 million in pre-tax costs for the extinguishment of debt associated with the Company's refinancing of its outstanding debt in the quarter, decreased to $6.7 million, or $0.07 per diluted share, compared to $9.3 million, or $0.12 per diluted share, in the 2019 third quarter.

• Adjusted EBITDA, a non-GAAP financial measure, increased 40% to $90.6 million, compared to $64.7 million in the 2019 third quarter.

• Free Cash Flow, a non-GAAP financial measure, increased more than fivefold to a quarterly
record of $56.3 million, compared to $11.1 million in the 2019 third quarter.

• Company now expects full year revenue of $645 million to $653 million, net income of $98
million to $100 million, Adjusted EBITDA of $342 million to $346 million and Free Cash Flow
of $155 million to $160 million.

 

Michael Rumbolz, Chief Executive Officer of Everi, said, “The growth in our third quarter revenue, operating earnings and Free Cash Flow demonstrate the substantial ongoing momentum in our financial performance. We expect that further growth across both our Games and FinTech segments will continue for the remainder of this year and into 2022 and beyond. We expect to continue to benefit from the expansion of our installed base of leased gaming units, growth in ship share, same-store increases in financial access transactions, and the ongoing organic growth of our loyalty and regulatory compliance solutions. We believe the ongoing 2 strength across both businesses and our deep pipeline of new offerings will drive consistent earnings and revenue growth as well as the continued generation of significant Free Cash Flow.

“The favorable customer reaction to our newest products at G2E® last month bolsters our confidence in our near- and long-term outlook. For our Games segment, the scale of our newest content continues to increase with well-received new themes introduced across the spectrum of premium video, premium mechanical, standard video, standard mechanical, and wide-area progressive (“WAP”) machines. New premium games such as Cashnado™ and Smokin’ Hot Stuff Wicked Wheel Fire and Ice® further demonstrated to customers our commitment to offer both new themes and support of our popular hit franchises, while our unique for sale Cha Ching™ and Moneyline™ games for the high-performing Empire Flex® portrait cabinet highlight the creativity and innovation of our game design teams. Everi’s development teams continue to create products that raise the level of gaming entertainment and thereby offer an attractive return on the investments our customers make in our gaming products.

“Our portfolio of integrated FinTech products and services is more comprehensive and provides more value to casino operators than ever before and our newest offerings were similarly met with very favorable response at G2E. Our omni-channel, digital Cashclub Wallet® was a highlight of the show, including our demonstration of its seamless integration with our mobile-player loyalty offering. New products, such as MetersXpress™ and PitXpress™, which extends our Digital Neighborhood to the casino pit, provide key process efficiencies. With the strength and depth of our newest products and core offerings, Everi is favorably positioned to execute on our significant opportunities s to gain market share and deliver consistent future growth across our Games and FinTech businesses.”

Click here to see the full report with spreadsheet

 

Everi Integrates Cashclub Wallet® With Shift4

Agreement Combines Most Widely Deployed Land-Based Digital Gaming Wallet with Leading Provider of Integrated Payment Processing and Technology Solutions

LAS VEGAS, Nov. 2, 2021 /PRNewswire/ -- 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 an agreement with Shift4 (NYSE: FOUR) to integrate Everi's CashClub Wallet® technology with Shift4's end-to-end payment solution.

The CashClub Wallet technology from Everi extends cashless payments and a patron's digital journey throughout the gaming enterprise using traditional, alternative, and mobile technologies. Everi's single wallet solution empowers casino operators to successfully deliver on all aspects of the emerging mobile casino ecosystem, including funding at the gaming device, payments at the retail point of sale, and funding of online sports betting, iGaming or social gaming. This true cashless experience also provides patrons with multiple options to access funds while on the casino floor or on the go.

"Given our broad collective customer base, this momentous opportunity for Everi and Shift4 to expand the reach of CashClub Wallet to retail outlets opens the door for further improvements to a patron's digital journey across the casino enterprise," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "Our agreement with Shift4 reflects our collective goal of providing casino patrons with a convenient, casino-wide mobile funding experience."

Currently live at 15 casinos that host more than 32,000 electronic gaming devices, Everi's CashClub Wallet solution is the most widely deployed land-based digital gaming wallet in the U.S., and the market's only fully-integrated, multi-property, multi-jurisdictional, and system-agnostic solution.

As the leader in secure payment processing and integrated technology solutions, Shift4 powers the top point-of-sale (POS) and software providers across numerous industry verticals. Shift4 securely processes billions of transactions annually for more than 200,000 businesses.

"This partnership with Everi is an ideal way for us to enhance our collective capabilities and help our casino customers better serve their guests' payment needs," said Shift4 Chief Commercial Officer Michael Isaacman. "The gaming industry is rapidly moving towards more forward-thinking digital payments solutions and loyalty programs. By integrating Everi's cashless mobile digital wallet with our end-to-end solution, Shift4 and Everi will help improve casino operational efficiency while delivering a convenient and seamless payment experience to guests."

Everi Launches High-Performing Online Slot And Gaming Content In Connecticut

Expands North American Footprint to Nine Markets with Day One Availability

 

LAS VEGAS, Oct. 28, 2021 /PRNewswire/ -- Everi Digital, the online gaming division 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, has partnered with multiple iGaming operators to bring Everi's award-winning gaming content to online casinos in Connecticut.

With this launch, Everi's exciting three-reel mechanical themes and video slot content is available in the state for the first time. Over the past three years, Everi Digital has extended the footprint of its proprietary Spark Remote Game Server™ ("Spark RGS"), which houses its iGaming slot content, to include Connecticut, Michigan, New Jersey, Pennsylvania, and West Virginia, as well as British Columbia, Manitoba, Ontario, and Quebec in Canada.

During this time, Everi has become a top provider of iGaming content to operators and has consistently grown its reputation for creating compelling content. The Company's digital gaming catalog features more than 50 engaging titles, over 20 of which are now available in Connecticut. Some of the industry-recognized titles include: the award-winning Cash Machine™, the classic three-reel, 9-line video title Double Ruby™, and El Dorado The Lost City® – a five-reel, 40-line game featuring a "reel match" bonus.

"Our growing partnerships with iGaming operators have allowed us to deliver top-performing content to online players currently across a total of nine states and provinces in the U.S. and Canada," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "Everi's strong and growing digital game presence continues to resonate with players in all of the markets where we are live. We are pleased to be a day one launch partner in the state, and we are confident our distinct games will be popular with online players in Connecticut as we continue to grow our online presence."

Everi Signs Five-Year Agreement With Delaware Lottery To Provide Popular Three-Reel Mechanical And Video Slot Content Including Progressive Titles

Agreement Introduces Everi's Distinct Gaming Library to Delaware Players through Launch of Nearly 500 Recurring Revenue Games

 

LAS VEGAS and DOVER, Del., Oct. 26, 2021 /PRNewswire/ -- 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 a five-year agreement with the Delaware Lottery to launch the Company's high-performing gaming content.

Everi will bring an extensive library of its proven, player-popular games to Delaware for the first time with an anticipated late 2021 launch at three properties. The company plans to install nearly 500 units across Casino at Delaware Park, Dover Downs Hotel & Casino, and Harrington Raceway & Casino by early 2022. Everi will deploy almost every cabinet in its portfolio – the Empire MPX™, Empire Flex™, Empire DCX™, Empire Arena™, Flex Fusion™, Player Classic®, Player Classic Skyline™, and Skyline Revolve™ platforms.

"This is an important opportunity to work with the Delaware Lottery to grow our installed base and generate excitement with our high-performing products in a new market," said Dean Ehrlich, Everi Executive Vice President and Games Business Leader. "We are excited to bring patrons of Delaware casinos the elevated experience Everi is known for, with our engaging gaming content and cabinets."

Everi will deploy 68 total themes in the state. Each of the three properties will receive the award-winning The Vault® game theme with its attractive 360-degree LED sign as a showcase bank for the Company's Empire Arena platform. Other successful titles that will launch in Delaware include: Cashnado™ on Flex Fusion, as well as the industry-leading Double Black Diamond™, Crystal Star®, and the award-winning Cash Machine® on Player Classic.

Cashless Technology by Everi and Acres to be Installed at Penn National's Ohio Casinos

Following the debut of the mywallet app in other properties during the last two months, the company now intends to further incorporate cashless wagering in Toledo, Dayton and Youngstown by the end of October. The app, developed in conjunction with Everi Holdings and Acres Manufacturing, is reportedly the first in Ohio to allow guests to go cardless and cashless.

Hollywood Casino Columbus in Ohio is becoming the first gambling venue in the state to launch cashless gaming, as guests attending the Penn National Gaming-owned casino will no longer need to carry credit cards or cash in order to fund their operations.

Following the launch of this technology in other Penn National properties last month, the company now intends to incorporate cashless wagering at its Hollywood properties in Toledo, Dayton and Youngstown by the end of October, reports WBNS.

The company is utilizing the mywallet app and the mychoice rewards system, which gives access to “tier status, exclusive rewards, special offers and mycash balance” all in one place and instantly, according to the product’s description.


202110180100155593dae759ed2b70005deed2fc115938.jpg

The technology promises users to go cashless and cardless and “get connected more easily than ever before,” directly into their favorite slots. Users may buy chips or cash out at a table game by employing the app.

Moreover, guests can move funds to and from their mywallet account to their bank account, and even set up mobile and email balance alerts. Penn National Gaming further promises that, for a limited time, “there are no transaction fees.”

The Real Time Rewards, the company’s new loyalty rewards program, allows eligible members to earn and redeem mycash, the loyalty currency of mychoice, “faster than ever before.”

Members can earn mycash at over 35 mychoice destinations nationwide, including the company’s sportsbook locations, online sports betting and real money/play in online casinos. The currency can be redeemed for free play, hotel stays, dining, online casino credits, retail shopping at mychoice destinations, and at the mychoicemall.com online marketplace.

Penn National's $120 million Hollywood Casino York opened in August with this cashless and technology in place, debuting it in the state. The cutting-edge “3C” technology -cardless, cashless and contactless- has been developed in partnership with Everi Holdings and Acres Manufacturing.

“This is a revolutionary enhancement for our industry,” commented Todd George, Executive Vice President of Operations for Penn National that month. “This technology further supports Penn National’s omnichannel business approach where we are providing the best experiences, whether people are playing with us at our properties or on our numerous online offerings.”

DIGITAL EXCITEMENT MEETS NOSTALGIA WITH NEW EVERI GAMES ON OLG.CA

New games – including Atomic Meltdown and Smokin 777 – available now


TORONTO, Oct. 14, 2021 – Ontario Lottery and Gaming Corporation (OLG) today welcomes Nevada-based Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) to its ever-growing complement of digital casino game providers for Ontario’s trusted platform of choice, OLG.ca. Everi Digital will provide twelve new titles over the coming months – the first of which are available as of today – that are more advanced versions of classic three-reel “stepper” slots, reminiscent of older mechanical games with three reels.

“OLG is constantly exploring opportunities with new partners, like Everi Digital, to expand our digital gaming ecosystem and provide exciting new content to meet the needs of our current customers and to attract new audiences,” said Andrew Darley, OLG Senior Director, iCasino. “Our experienced players will love the nostalgia of these new three-reel slots while new players will appreciate the simplicity of these fun, themed games. Who doesn’t love to see those three reels line up with matching images? It’s casino gaming in its simplest form.”

New to OLG.ca are:

Atomic Meltdown
Triple Threat
Double Ruby
Fox Trot
Smokin 777
Wild Wild Gems
Cash Machine (coming in December)


“Everi Digital is excited to partner with OLG to provide high-performing game content to a continuously growing audience of online players throughout North America,” said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. “With the expansion of our digital catalog to include progressive games, our proprietary Spark Remote Game Server™ now supports over 50 distinct titles, with a footprint stretching across four Canadian provinces.”

OLG.ca offers thousands of digital slot titles and a full suite of table games as well as select lottery games and online sports betting with PROLINE+. A new Live Casino offering will be introduced in the coming weeks to further enhance the digital experience.

Players can access tools from OLG’s award-winning PlaySmart responsible gambling program at any time to manage their activity and ensure the fun remains in their game. One hundred per cent of proceeds from OLG.ca are reinvested in Ontario to build stronger communities and support provincial priorities like health care. Must be 19+ to play casino games or bet on sports and 18+ to play lottery games on OLG.ca.

Everi Tightens Full Year 2021 Net Income and Adjusted EBITDA Guidance to Top of the Previously Provided Range

Highlights Latest Product Offerings at Management Presentation

 

LAS VEGAS, Oct. 4, 2021 /PRNewswire/ -- 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 at its investor and analyst presentation in conjunction with the 2021 Global Gaming Expo ("G2E"), the Company tightened its outlook for 2021 full year net income and Adjusted EBITDA to the top end of the previously provided range. The Company now expects that 2021 full year net income will be $90 million to $95 million and Adjusted EBITDA will be $337 million to $342 million. Everi had previously expected 2021 full year net income of $87 million to $95 million and Adjusted EBITDA of $332 million to $342 million. The updated full year guidance demonstrates meaningful ongoing annual growth compared to 2020 and pre-pandemic 2019 results, even as the current COVID-19 pandemic environment persists.

"Everi's focus on providing casino operators and players with innovative products as a result of our ongoing investment in the development of new products is a key driver of our growth," said Michael Rumbolz, Everi Chairman and CEO. "As we execute on our plans that lead to the expected record setting financial results for 2021, we are also establishing an even stronger foundation for continued growth in 2022 and beyond."

Company Discusses Its Latest Expanded Offering of New Products
Dean Ehrlich, Everi Executive Vice President and Games Business Leader shared highlights of the Company's newest products on display at G2E that are designed to further enhance its leading position in the high-denomination mechanical reel segment and expand the depth and breadth of its growing video portfolio. Highlighted products (click here) also included Everi's latest premium titles, the next-generation TournEvent® platform and the latest form factor – a new three-reel mechanical cabinet. Dean Ehrlich, said, "The latest addition to our three-reel mechanical lineup – Player Classic Signature – is inspired by our long-term success with delivering top-performing mechanical games. This cabinet is built for the future and yet classic in its appeal for the player demographic."

David Lucchese, Everi Executive Vice President of Sales, Marketing and Digital shared highlights on the growth factors that are driving the Company's Business-to-Business ("B2B") iGaming expansion.  David Lucchese said, "Everi is on a strong growth track with our Digital Gaming business, as we benefit from the ongoing expansion of B2B iGaming solutions into new jurisdictions as well as growth within existing jurisdictions. Added growth comes from increasing our portfolio of games (click here), expanding our roster of integrated online customer sites, and developing high-performing customized games for customers."

Darren Simmons, Everi Executive Vice President and FinTech Business Leader shared highlights on the latest product additions to the Company's Digital Neighborhood of comprehensive financial, casino loyalty and compliance products and service solutions, which incorporate customer-centric features that significantly increase the efficiency of casino operations. Highlighted products (click here) included CashClub Wallet® cashless wallet technology, the Company's jackpot management system, enhancements to its growing casino loyalty platform and Everi's next-generation Anti-Money Laundering compliance platform. Darren Simmons said, "Our CashClub Wallet is an important hub within the comprehensive integrated product network that forms our Digital Neighborhood. We believe our cashless wallet technology creates new operational efficiencies with existing infrastructure across the entire casino ecosystem, while providing casino guests with a convenient, end-to-end mobile funding experience."

The expected outlook announced in this release contains forward-looking statements. Actual results may differ from this outlook, and such differences may be material.

Everi Acquires Strategic Assets from Meter Image Capturing

Progressive Meter Reporting Technology Adds New Functionality to Everi's FinTech Portfolio

LAS VEGAS, Oct. 1, 2021 /PRNewswire/ -- 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 is acquiring certain strategic assets of Meter Image Capturing, LLC ("MIC"), a privately owned provider of progressive meter reporting technology that utilizes optical and voice recognition to accurately record and store all progressive meter data of electronic gaming machines on a casino gaming floor, significantly enhancing the process and reducing time casino operators spend on this daily task. The acquisition was funded from existing cash on hand and Everi expects the acquisition to be accretive to earnings and operating cash flow. Financial terms were not disclosed.

Introduced to the gaming market in February 2020, MIC's technology solution is a revolutionary new system designed to improve operating efficiencies by reducing labor costs created by the monotonous task of recording progressive values to stay compliant with regulatory requirements. The technology collects progressive meter data more accurately and exponentially faster than typical methods commonly used in the gaming industry today, as well as automatically provide this data to back-end audit/financial departments. The MIC technology is currently deployed in more than 20 casinos.

Darren Simmons, Everi's Executive Vice President and FinTech Business Leader, said, "The acquisition of MIC's innovative technology is highly complementary with our portfolio of FinTech offerings that create efficiencies and cost savings for casino operators. This addition will allow our customers to streamline operations on their slot floor and back-of-house compliance audits. MIC's solution has been well received since its introduction early last year and we expect to leverage our experienced sales and marketing team and broad distribution channels to significantly expand the product's market awareness. This technology will seamlessly integrate with our award-winning Jackpot Xpress™ mobile product. Adding this functionality further enhances our comprehensive 'Digital Neighborhood' suite of financial, casino loyalty and RegTech products and services, bringing commonality and continuity to operator workflows.

"Everyone at Meter Image Capturing is excited that the gaming industry's FinTech leader, Everi, has chosen to incorporate our technology into their portfolio," said Patrick Schmit, MIC's Chief Executive Officer. "I'm confident MIC's existing customers and future users will be thrilled with the technical advances and superior service Everi provides going forward."

Everi to Webcast Investor Preview Of Showcased Products at Global Gaming Expo 2021

LAS VEGAS, Oct. 1, 2021 /PRNewswire/ -- 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 host a live webcast of management's investor presentation to preview their products for the upcoming 2021 Global Gaming Expo ("G2E") followed by a question and answer period on Monday, October 4, 2021, at 3:00 – 4:00 p.m. PT. The webcast of the presentation will be available beginning at 3:00 p.m. PT October 4, 2021 and be archived through October 21, 2021 on the Company's website at www.everi.com (select "Investors" followed by "Events & Contact").

Everi to Showcase Industry-leading, Fully Integrated FinTech Advancements At Global Gaming Expo 2021

CashClub Wallet®, Jackpot Xpress®, PitXpress™, and Trilogy™ Highlight Comprehensive Solutions Portfolio

LAS VEGASSept. 29, 2021 /PRNewswire/ -- 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 its ever-expanding "Digital Neighborhood", a fully integrated suite of FinTech solutions, at Global Gaming Expo (G2E) 2021 (October 4-7; Booth #1150).

Everi's "Digital Neighborhood" represents a complete suite of financial, casino loyalty and compliance products and services that bring commonality and continuity to operator workflows. The "Digital Neighborhood" suite demonstrates the Company's leadership position and highlights Everi's ability to develop solutions that incorporate customer-centric features across loyalty, payments, and casino operations.

"Our innovative financial technology and loyalty solutions allow casino operators to greatly increase the efficiency of their casino, loyalty and compliance operations," said Michael Rumbolz, Everi Chairman and CEO. "The newest iterations of our solutions on display at G2E, highlighted by our fully integrated 'Digital Neighborhood' portfolio, further build on Everi's position as the industry's FinTech leader and a strategic partner of choice for our customers across North America."

CashClub Wallet® Ushering in New Age of Cashless Funding Options
Everi's CashClub Wallet® integrates and extends cashless payments throughout the gaming enterprise using traditional, alternative, and mobile technologies. CashClub Wallet is a mobile digital wallet that allows casino operators to offer their guests the option of cashless and contactless funding of electronic game play, including funding at the gaming device, as well as payments at the point of sale or online to fund sports betting or social gaming. CashClub Wallet also provides guests with multiple options to access their funds while on the casino floor. Available on more than 26,000 electronic gaming devices, CashClub Wallet is the most widely deployed land-based digital gaming wallet in the U.S., and the market's only fully-integrated, multi-property, multi-jurisdictional, system-agnostic, solution. CashClub Wallet is scheduled be available at 16 commercial and tribal properties across four states by the end of October, and at nearly 30 properties by the end of 2021.

"CashClub Wallet anchors our mission-critical tools and serves to seamlessly connect our portfolio of FinTech products and applications," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "As we create operational efficiencies with existing infrastructure, it's important that the interactive journey of the player reflects our collective goal of providing casino guests with a convenient, end-to-end mobile funding experience."

Jackpot Xpress® Offers New Player and Casino Operator Efficiencies
Everi's award-winning jackpot management system, Jackpot Xpress®, is an extension of the Company's "Digital Neighborhood" concept. Installed in over 30 locations nationwide, the intuitive jackpot and tax forms management solution allows casino staff to securely and efficiently process slot jackpots using a mobile device right at the winning gaming machine. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure payment, tax forms management and anti-money laundering tracking into a single solution. Jackpot Xpress also powers digital adoption by integrating with CashClub Wallet, enables new card signups via integration with Everi's Loyalty Platform, and has secure email capabilities to allow casino patrons to electronically retrieve their tax forms.

Loyalty Platform Expands Award-Winning Capabilities
Everi's Trilogy™ represents a critical bridge between its operator-centric financial technology solutions and its player-centric gaming solutions. The enrollment and promotional kiosk, as well as the loyalty mobile module, are powered by an intuitive control panel that increases operational efficiency. It is the only loyalty software that is moving towards HTML5 based components, increasing security of patron information, and giving Everi the ability to offer more advanced engaging game content and the ability to integrate secure web content. In addition to this technological advancement displayed at G2E, a new Everi mobile platform, Trilogy Go!™, advances how casinos can engage with their patrons by extending many of our offered services; guests can book a table at a restaurant, participate in promotions and more directly from their mobile device.

Comprehensive Suite of RegTech Solutions
Everi is a leading compliance provider in the gaming industry and its range of integrated solutions helps keep casino operators in compliance and manage risk with ease. Everi will showcase two of it's latest RegTech innovations at G2E: Entegrity and PitXpress.

Entegrity is Everi's 4th generation Anti-Money Laundering platform that combines the latest in technology with Everi's decades of compliance experience to bring the most advanced toolkit for AML professionals in the gaming industry.

PitXpress modernizes table games operations and improves both the player and operator experience by automating the credit, front money and marker lifecycle using mobile technology. Marker issuance, redemption, and transfers are performed in real-time and mobile bet tracking allows for more accurate ratings for VIP players.

Everi has also partnered with Veridocs to integrate TrueAuthentication® and TrueListCheck™ technology into its numerous product offerings and to distribute the industry's leading ID authentication technology.

Everi Launches 'Borgata 777 Respin Custom-Themed Slot With BetMGM

LAS VEGASSept. 13, 2021 /PRNewswire/ -- Everi Digital, the online gaming division 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, announced it has partnered with BetMGM to launch the custom-themed game "Borgata 777 Respin."

Delivered via Everi's proprietary Spark Remote Game Server™, the Borgata 777 Respin game is the first title Everi has developed in coordination with BetMGM. It is currently available through BetMGM Casino, Borgata Casino, and Party Casino in New Jersey, and on BetMGM Casino and Borgata Casino in Pennsylvania.

"This rewarding collaboration with BetMGM brings online gamers a thrilling new title that adds to and enhances our award-winning stepper, video slot, and progressive jackpots content offerings," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "BetMGM is a trusted operator-partner and is committed to our collective goal of delivering memorable experiences to players."

Borgata 777 Respin offers a re-spin bonus that triggers randomly on any winning spin and each re-spin awards prizes equal to or more valuable than the previous re-spin. Through wild Borgata symbols, players also gain the opportunity for wins with 10x, 5x, and 3x multipliers.

"Everi has a reputation for developing engaging content and has delivered an incredible title in Borgata 777 Respin, a game sure to resonate with our players," said Oliver Bartlett, BetMGM's Director of Online Gaming. "BetMGM continues to leverage its strong themes and iconic brands to build the most robust online gaming portfolio and we're thrilled to provide players with another exciting gaming option."

Konami Gaming, Inc. and Everi Holdings Connect SYNKROS® With Everi's CashClub Wallet®

Konami Casino Management System to Support Everi's Cashless Funding and Payment Solution

LAS VEGAS, Aug. 5, 2021 /PRNewswire/ -- Konami Gaming, Inc. and Everi Holdings Inc. (NYSE: EVRI) today announced a partnership to integrate SYNKROS® with Everi's digital CashClub Wallet®. The integration of Konami's award-winning casino management system (CMS) with CashClub Wallet® merges Konami's reputation for high system reliability with Everi's industry leading solutions in cashless payments.

Through this partnership, Konami will offer Everi's flexible, cost-effective, funding and payment solution to operators that utilize Konami's advanced casino management system. SYNKROS empowers operators to capture and compile data through all connected areas of the property — gaming and non-gaming — to generate a 360-degree patron view. This includes marketing, slots, tables, analytics, cage, credit, vault and other interfaced resort amenities.

As one of the industry's leading player tracking systems, SYNKROS is best known for its reliability, marketing tools, and robust data. SYNKROS reaches a wide range of property types — everything from large destination properties to cruise ships, to local casino stops, and entire multi-property portfolios.

"SYNKROS is designed to empower casinos to grow and leverage the latest technology available, through its robust, dependable, and scalable architecture," said Tom Jingoli, Konami Gaming, Inc. Executive Vice President & Chief Operating Officer. "This integration with Everi's cashless solution offers a highly dependable, hassle-free cashless experience for both player and operator."

Working in conjunction with Konami's Money Klip™ — which delivers seamless cashless play at slots and tables — Everi's CashClub Wallet is an omni channel digital wallet that enables casino operators to offer cashless and contactless funding and withdrawals in and out of Money Klip on the gaming floor as well as at other resort amenities. CashClub Wallet empowers casino operators to successfully deliver on all aspects of the emerging mobile ecosystem, including funding at the gaming device, payments at point of sale, or funding online sports betting, iGaming or social gaming — a true cashless experience all while preserving existing options, channels, preferences, and features valued by customer segments.

"The partnership with Konami gives us the opportunity to support the SYNKROS CMS solution with our industry-leading CashClub wallet technology," said Darren Simmons, Executive Vice President and FinTech Business Leader for Everi. "We enhance the player experience by bringing customer-centric features to loyalty, payments, and cage and cash operations. For operators, this partnership creates measurable efficiencies while extending engagement between casinos and their patrons across the gaming environment."

About Everi
Everi's mission is to lead the gaming industry through the power of people, imagination, and technology. Focused on player engagement and assisting our casino customers to operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and iGaming operators. The Company is also the preeminent provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that facilitate convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.

About Konami Gaming, Inc.
Konami Gaming, Inc. is a Las Vegas-based subsidiary of KONAMI HOLDINGS CORPORATION (TSE: 9766). The company is a leading designer and manufacturer of slot machines and casino management systems for the global gaming market. For more information about Konami Gaming, Inc. or the SYNKROS gaming enterprise management system, please visit www.konamigaming.com.

EVERI REPORTS RECORD RESULTS FOR THE 2021 SECOND QUARTER

Broad-based Strength in Games and FinTech Segment Operating Performance

Provides Full Year 2021 Guidance, including Net Income of $87 Million to $95 Million and
Adjusted EBITDA of $332 Million to $342 Million


Las Vegas – August 4, 2021 - 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 loyaltysolutions, today reported record financial results for the second quarter ended June 30, 2021. The 2021second quarter revenue, net income, Adjusted EBITDA and Free Cash Flow are all slightly above therespective ranges the Company provided on June 21, 2021. The results are a quarterly sequential improvement from the 2021 first quarter, reflecting continued strength in casino patron demand, while stillreflecting an ongoing, but reduced, impact of the COVID-19 pandemic.

Second Quarter 2021 Financial Highlights Compared to the Second Quarter 2019


Because second quarter 2020 financial results were severely impacted by casino closures related to the COVID-19 pandemic, the Company believes it is more meaningful to compare 2021 second quarter results to those of the 2019 second quarter. Financial results for the 2021, 2020 and 2019 second quarter periods are presented in the Consolidated, Games and Financial Technology Solutions highlight tables below.

• Revenues rose 33% to a quarterly record $172.6 million, compared to $129.7 million in the
2019 second quarter.

• Net income improved 560% to a quarterly record $36.2 million, or $0.36 per diluted share,
compared to $5.5 million, or $0.07 per diluted share, in the 2019 second quarter.

• Adjusted EBITDA, a non-GAAP financial measure, increased 44% to a quarterly record $92.5
million, compared to $64.1 million in the 2019 second quarter.

• Free Cash Flow, a non-GAAP financial measure, increased 462% to $39.2 million, compared
to $7.0 million in the 2019 second quarter.

• Revenue, net income, Adjusted EBITDA and Free Cash Flow are all slightly above the
respective ranges the Company provided on June 21, 2021.

• Subsequent to quarter-end, completed a successful refinancing that reduced total debt to
$1.0 billion, decreased cash interest costs and extended maturities.


Michael Rumbolz, Chief Executive Officer of Everi, said, “The record 2021 second quarter results reflect
the substantial benefit of our execution of our ongoing growth initiatives, as well as improvement in industry trends. The strong momentum to-date this year in revenues, earnings and cash flow is being driven by consistent improvements in our Games and FinTech segment operating performance, demonstrating yet again the substantial demand that exists for our high-value products.


"A key highlight of our significant growth compared to pre-pandemic periods is the strength of our recurring revenue streams, which comprise an increased percentage of our overall business mix. This revenue is a significant contributor to our growing Free Cash Flow, which in turn has allowed us to dramatically lower our net leverage,” added Rumbolz. “Accordingly, we are favorably positioned to prudently invest in both internal product innovation and complementary, high-return, accretive acquisitions that will support our future growth.”

Mark Labay, Chief Financial Officer of Everi, said, “Our improved performance positioned us to obtain a
strong response from the capital markets for our recent debt refinancing, including credit rating agency upgrades of all our newly issued debt instruments. This resulted in lower borrowing rates and extended debt maturities. Upon completion of this successful refinancing, at current interest rates our annualized cash interest costs will now be approximately $23 million less than at June 30, 2021. We expect our lower annual interest will contribute to the sustainability and further growth of our Free Cash Flow.”

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(1) Operating loss, net loss, and net loss per diluted share for the three months ended June 30, 2020, included $14.8 million of pre-tax charges, including $11.0 million of business reorganization costs, $2.7 million of employee severance costs, $0.6 million non-recurring professional fees, and $0.5 million in other one-time charges. Operating income, net income and net earnings per diluted share for the three months ended June 30, 2019 included approximately $0.8 million for certain non-recurring professional fees and related costs and expenses associated with the acquisition of certain player loyalty assets and a non-cash charge of $0.8 million for the write-off of inventory related to certain legacy cabinets.

(2) In December 2019, the Company completed a public offering of 11.5 million shares of common stock. Weighted average basic shares outstanding were 88.7 million, 85.1 million, and 71.5 million shares for the periods ended June 30, 2021, 2020, and 2019, respectively.

(3) For a reconciliation of net income (loss) to Adjusted EBITDA and Free Cash Flow, see the Unaudited Reconciliation of Selected Financial GAAP to Non-GAAP Measures provided at the end of this release.

(4) Subsequent to quarter-end, the Company reduced its total outstanding debt to $1.0 billion through the successful issuance of $400 million of 5.000% senior unsecured notes due 2029 and $600 million of senior secured term loan at a rate of LIBOR plus 250 basis points with a LIBOR floor of 50 basis points due 2028, along with a $125 million revolving credit facility that is currently undrawn. In completing the transactions on August 3, 2021, the Company used cash on hand to pay the transaction fees and expenses and reduce the total debt by $144.6 million from the June 30, 2021 reported amount.

(5) For a reconciliation of Net Cash Position to Cash and Cash Equivalents, see the Unaudited Reconciliation of Cash and Cash Equivalents to Net Cash Position and Net Cash Available at the end of this release.

 

Second Quarter 2021 Results Overview

Results for the three-month period ended June 30, 2021 reflect the continued, albeit lesser, impact of the COVID-19 pandemic. Results for the 2020 second quarter reflect the impact of the COVID-19 pandemic and results for the 2019 second quarter were unimpacted by the pandemic.

Randy Taylor, Everi’s Chief Operating Officer, said, “Our record quarterly revenue was up 33% over the pre-COVID 2019 second quarter, primarily driven by the strength in our recurring revenue operations in both our Games and FinTech segments. Our Games segment momentum reflects the continued growth in our installed base of gaming operations units, particularly increased placements of our higher-earning premium units that drove the increase in daily win per unit. In addition, slot machine sales increased by 49% sequentially from the 2021 first quarter, reflecting what we believe is another quarter of higher ship share of replacement units. Second quarter unit sales also benefited from a larger share of shipments to new casino openings and expansions than we have historically achieved together with a greater number of new casino openings and expansions than typically experienced in a quarter.

“Our FinTech segment continues to benefit from our comprehensive, integrated financial access services and RegTech software solutions, as well as our newer loyalty products such as our updated and upgraded self-service loyalty kiosks. Our strong FinTech industry position enables Everi to benefit from the widespread increase in casino player activity, which drove mid-teens percentage growth in the number of financial access transactions we processed as compared to 2019 second quarter volumes; a rate that was significantly above our historical rate of growth.

“The operating performance of our two segments, together with a continued focus on operating expenses, led to net income of $36.2 million, or $0.36 per diluted share, record quarterly Adjusted EBITDA of $92.5 million, up more than 40% over the comparable 2019 period, and Free Cash Flow generation of $39.2 million.

“Additionally, we continue to see a high level of interest by casino operators in our cashless digital wallet solution and our iGaming slot content. These are two important growth initiatives in which we’ve invested over a number of years given our expectation that they can both be additive to our core business momentum in the near- and long-term.” 

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(1) Operating loss for the three months ended June 30, 2020, included $11.3 million of pre-tax charges, including $9.2 million of business reorganization costs, $1.6 million of employee severance costs and $0.5 million of other one-time charges. Operating income for the three months ended June 30, 2019 included approximately $0.3 million for certain nonrecurring professional fees and related costs and a non-cash charge of $0.8 million for the write-off of inventory related to certain legacy cabinets.

(2) For a reconciliation of net income (loss) to Adjusted EBITDA, see the Unaudited Reconciliation of Selected Financial GAAP to Non-GAAP measures provided at the end of this release.

(3) Daily win per unit reflects the total of all units installed at casinos, inclusive of closed casinos and inactive units, where such units would have recorded no revenue and excludes the impact of the direct costs associated with the Company’s wide-area progressive jackpot expense.

(4) The ending and average installed base for all three periods includes all units, whether or not casinos were open and whether or not the games were active.

 

2021 Second Quarter Games Segment Highlights

Games segment revenues increased to a quarterly record $99.3 million compared to $20.9 million in the 2020 second quarter and was up 43% over the $69.4 million in the 2019 second quarter. This reflects strong gaming operations performance as well as higher shipments of gaming machines.

Operating income increased to $30.6 million, compared to an operating loss of $41.8 million a year ago and operating income of $2.6 million in the second quarter of 2019. The increase in the 2021 second quarter operating income over the prior-year periods reflects the benefit of higher revenues, a greater 5 proportion of higher-margin gaming operations revenue in the overall mix, the Company’s cost containment efforts, and lower amortization. Adjusted EBITDA increased to a quarterly record $60.4 million, from $3.0 million and $34.7 million in the second quarter of 2020 and 2019, respectively.

Gaming operations revenue grew to a quarterly record $73.2 million, compared to $13.9 million and $45.6 million in the second quarter of 2020 and 2019, respectively.

• Reflecting the player popularity of the latest games and the growth in higher-earning premium unit placements, Daily Win per Unit (“DWPU”) rose to a quarterly record $45.66 in the second quarter of 2021, compared to $9.84 and $32.26 in the second quarter of 2020 and 2019, respectively.

• The installed base as of June 30, 2021 increased by 9%, or 1,313 units, year over year and by 302 units on a quarterly sequential basis to a record 16,251 units. • The premium portion of the installed base increased by 20%, or 1,165 units, year over year and by 264 units on a quarterly sequential basis to 6,961 units. Growth was driven primarily by incremental placements of the strong-performing The Vault™ game theme and premium mechanical reel games, as well as the continued solid performance of other themes including Smokin' Hot Stuff Wicked Wheel® and Shark Week®. Premium units represented 43% of the total installed base at quarter-end compared to 39% a year ago and 25% as of June 30, 2019. Wide-area progressive (“WAP”) units, a subcategory of premium units, grew by 114 units year over year to 1,082 units as of June 30, 2021, partly reflecting the launch of the new Monsterverse™ game on the Empire DCX® cabinet and the installation of the first WAP into commercial casinos in Nevada and New Jersey.

• Digital revenue more than doubled to $3.6 million in the second quarter of 2021 compared to $1.5 million a year ago and increased 50% on a quarterly sequential basis, partially reflecting a full quarter of revenue from Michigan. Digital revenue growth also reflects increased B2B revenue from the expanded base of iGaming operator sites featuring the Company’s games – including in West Virginia, British Columbia and Manitoba that went live during the quarter – along with a growing library of available slot content.

• Revenues from the New York Lottery system business were $6.3 million in the second quarter of 2021, compared to $4.9 million in the second quarter 2019. There was no revenue in the second quarter of 2020 due to the impact of the COVID-19 pandemic.

Gaming equipment and systems revenues generated from the sale of gaming units and other related parts and equipment totaled $26.1 million in the second quarter of 2021, compared to $7.0 million and $23.4 million in the second quarter of 2020 and 2019, respectively.

• The Company sold 1,402 units, including several hundred units for new casino openings and expansions, at an average selling price (“ASP”) of $17,894 in the second quarter of 2021. This is an increase compared with 381 units at an ASP of $18,044 in the second quarter of 2020 and 1,270 units at an ASP of $17,338 in the second quarter of 2019.

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* Rounding may cause variances.

(1) Operating loss for the three-month period ended June 30, 2020, included $3.5 million of pre-tax charges, including $1.8 million of business reorganization costs, $1.1 million of employee severance costs and $0.6 million of non-recurring professional fees. Operating income for the three months ended June 30, 2019 included the impact of approximately $0.5 million for certain non-recurring professional fees and related costs and certain expenses associated with the acquisition of certain player loyalty assets.

(2) For a reconciliation of net income (loss) to Adjusted EBITDA, see the Unaudited Reconciliation of Selected Financial GAAP to Non-GAAP Measures provided at the end of this release.

 

2021 Second Quarter Financial Technology Solutions Segment Highlights

FinTech revenues for the 2021 second quarter increased to a record $73.2 million, compared to $17.8 million in the 2020 second quarter and were up 21% over the $60.3 million in the 2019 second quarter. The growth over both years reflects an increase in revenues from financial access services, lower-margin hardware sales and software and other.

Operating income in the 2021 second quarter rose to $23.8 million, compared to an operating loss of $10.9 million a year ago and operating income of $22.3 million in the 2019 second quarter. The increase primarily reflects the benefit of higher revenues partially offset by an increase in research and development expense as a result of an acceleration of new product development efforts, including development of new and enhanced loyalty products and the Company’s CashClub Wallet® digital technology offering. Adjusted EBITDA was $32.1 million, compared to $0.3 million and $29.4 million in the second quarter of 2020 and 2019, respectively.

• Financial access services revenues, which include both cashless and cash dispensing debit and credit card transactions and check services, increased 16% on a quarterly sequential basis to $44.8 million, reflecting continued improvements in casino activity, and grew 13% from the second quarter of 2019.

     • Throughout the 2021 second quarter, growth in transactional activity on a same-store basis was up at a consistent mid-teens rate compared to the second quarter of 2019.

• Software and other revenues, which include loyalty and regulatory compliance (RegTech) software, product subscriptions, kiosk maintenance services, and other revenue, were $15.6 million, of which approximately 80% were of a recurring nature. This compares to total revenue of $4.4 million in the second quarter of 2020, of which 79% were of a recurring nature, and $12.8 million in the second quarter of 2019, of which 66% were of a recurring nature.

• Hardware sales revenues were $12.8 million, inclusive of significant shipments of self-service kiosks and other loyalty and financial access equipment for new casino openings and major expansions, in the second quarter of 2021, compared to $3.4 million and $7.8 million in the second quarter of 2020 and 2019, respectively.

 

Balance Sheet and Liquidity

• Subsequent to the 2021 second quarter-end, the Company entered into a series of refinancing transactions that reduced interest cost, extended debt maturities and resulted in $1.0 billion of total indebtedness. The new total debt comprises $600.0 million of senior secured term loan priced at LIBOR plus 2.50% with a LIBOR Floor of 50 basis points due 2028, $400.0 million of 5.000% senior unsecured notes due 2029, and a $125.0 million revolving credit facility due 2026 which is undrawn. At current market interest rates, the refinancing resulted in annual cash interest savings of approximately $23 million compared to June 30, 2021.

• As of June 30, 2021, the Company had $340.4 million of cash and cash equivalents. Pro forma for the debt repayment, early redemption fees and transaction costs of the refinancing transactions completed in the third quarter, the Company had cash and cash equivalents of $155.1 million. • In the 2021 second quarter, the Company paid $9.9 million in total earned contingent consideration for its 2019 acquisition of certain assets of Atrient and paid the remaining $5.0 million purchase price installment related to the 2019 acquisition of certain assets of Micro Gaming Technology.

 

Outlook

With industry conditions stabilizing, and assuming that conditions continue to trend without additional setbacks due to pandemic or other macro-economic effects, Everi is providing annual guidance of selected expected financial results, a practice consistent with its custom prior to the onset of the COVID-19 pandemic in 2020. For the full year 2021, the Company expects revenue of $615 million to $635 million, net income of $87 million to $95 million, Adjusted EBITDA of $332 million to $342 million, and Free Cash Flow of $168 million to $177 million. Factors considered in Everi’s 2021 outlook include:

• Capital expenditures (inclusive of placement fees) will be $105 million to $113 million;

• The Company expects to incur a loss on extinguishment of debt of approximately $32 million to $35 million in the 2021 third quarter, in conjunction with the early redemption of its 7.50% senior unsecured notes due 2025, the repayment of the incremental term loan and the refinancing of its senior secured credit facility due 2024, including the revolving credit facility due 2022. 8 Approximately $11 million to $14 million is expected to be non-cash related to the write-off of existing debt issuance costs and unamortized discount on the existing borrowings; and

• Shipments for new casino openings and expansions in the 2021 second half are expected to be lower, reflecting fewer new opening and expansions compared to the first half of 2021.

• Assumes no significant change or reversal of the Company's deferred tax asset valuation allowances during the year.

• The Company’s 2021 full year outlook does not contemplate any additional meaningful potential impact from any macroeconomic or pandemic-related setback; but does reflect the likelihood of receding government stimulus benefits and an increase in pressure on consumer discretionary spending. A summary and reconciliation of the financial targets is included as a supplemental table at the end of this release.

 

Investor Conference Call and Webcast 

The call will be archived on www.everi.com (select “Investors” followed by “Events & Contact”).

 

Non-GAAP Financial Information

In order to enhance investor understanding of the underlying trends in our business, our cash balance, and cash available for our operating needs, and to provide for better comparability between periods in different years, we are providing in this press release Adjusted EBITDA, Free Cash Flow, Net Cash Position and Net Cash Available, which are not measures of our financial performance or position under United States Generally Accepted Accounting Principles (“GAAP”). Accordingly, Adjusted EBITDA, and Free Cash Flow should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP. These measures should be read in conjunction with our net earnings, operating income, and cash flow data prepared in accordance with GAAP. With respect to Net Cash Position and Net Cash Available, these measures should be read in conjunction with cash and cash equivalents prepared in accordance with GAAP.

We define Adjusted EBITDA as earnings (loss) before interest, taxes, depreciation and amortization, loss on extinguishment of debt, non-cash stock compensation expense, accretion of contract rights, write-down of inventory, property and equipment and intangible assets, employee severance costs and other related expenses, litigation settlement received net of legal costs, foreign exchange loss, asset acquisition expense, non-recurring professional fees, and one-time charges. We present Adjusted EBITDA, as we use this measure to manage our business and consider this measure to be supplemental to our operating performance. We also make certain compensation decisions based, in part, on our operating performance, as measured by Adjusted EBITDA; and our current credit facility and existing senior unsecured notes require us to comply with a consolidated secured leverage ratio that includes performance metrics substantially similar to Adjusted EBITDA.

We define Free Cash Flow as Adjusted EBITDA less cash paid for interest, cash paid for capital expenditures, cash paid for placement fees, and cash paid for taxes net of refunds. We present Free Cash Flow as a measure of performance and believe it provides investors with another indicator of our operating 9 performance. It should not be inferred that the entire Free Cash Flow amount is available for discretionary expenditures.

A reconciliation of the Company’s net income (loss) per GAAP to Adjusted EBITDA and Free Cash Flow is included in the Unaudited Reconciliation of Selected Financial GAAP to Non-GAAP Measures provided at the end of this release. Additionally, a reconciliation of each segment’s operating income to EBITDA and Adjusted EBITDA is also included. On a segment level, operating income per GAAP, rather than net earnings per GAAP, is reconciled to EBITDA and Adjusted EBITDA as the Company does not report net earnings by segment. Management believes that this presentation is meaningful to investors in evaluating the performance of the Company’s segments.

We define (i) Net Cash Position as cash and cash equivalents plus settlement receivables less settlement liabilities and (ii) Net Cash Available as Net Cash Position plus undrawn amounts available under our revolving credit facility. We present Net Cash Position because our cash position, as measured by cash and cash equivalents, depends upon changes in settlement receivables and the timing of payments related to settlement liabilities. As such, our cash and cash equivalents can change substantially based upon the timing of our receipt of payments for settlement receivables and payments we make to customers for our settlement liabilities. We present Net Cash Available as management monitors this amount in connection with its forecasting of cash flows and future cash requirements.

A reconciliation of the Company’s cash and cash equivalents per GAAP to Net Cash Position and Net Cash Available is included in the Unaudited Reconciliation of Cash and Cash Equivalents to Net Cash Position and Net Cash Available provided at the end of this release.

 

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “goal,” “target,” "indication," “future,” “assume," "estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “project,” “may,” “should,” “can,” “designed to,” ” “favorably positioned,” “will provide,” or “will” and similar expressions to identify forwardlooking 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 differ materially from those contemplated in these statements, due to risks and uncertainties. Examples of forward-looking statements include, among others, statements regarding our ability to execute on key initiatives and deliver ongoing operating and financial improvements including guidance related to 2021 financial and operational metrics; regain revenue momentum; sustain our overall growth; generate Free Cash Flow; improve the Company’s capital structure; drive growth of the gaming operations installed base and DWPU; continue expanding the portions of the gaming floor the Company’s games address; successfully perform obligations required by acquisition agreements; and create incremental value for our shareholders, as well as statements regarding our expectations for the industry environment and the adoption of our products and technologies.

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 difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those indicated in forwardlooking statements. Important factors that could cause our actual results and financial condition to differ 10 materially from those indicated in the forward-looking statements include, without limitation, the impact of the ongoing COVID-19 global pandemic on our business, operations and financial condition, our history of net losses and our ability to generate profits in the future; our debt leverage and the related covenants that restrict our operations; our ability to generate sufficient cash to service all of our indebtedness and 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’ and gaming patrons’ preferences and demands for future services and product offerings; the overall growth of the gaming industry, if any; our ability to replace revenue associated with terminated customer 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 and enhanced products and services, including third-party licensed content; 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 difficulties that we may face; competitive pressures in the gaming and financial technology sectors; the impact of changes to tax laws; uncertainty of litigation outcomes; interest rate fluctuations; unanticipated expenses or capital needs and those other risks and uncertainties discussed in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 15, 2021. 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 forward-looking 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, 2020, and with the information included in our other press releases, reports and other filings with the SEC. Understanding the information contained in these filings is important in order to fully understand our reported financial results and our business outlook for future periods.

 

About Everi

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 operators. The Company is also a preeminent and comprehensive provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that facilitate convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.  

Everi Holdings an Aristocrat Technologies Enhance Oasis 360™ with Everi's' CashClub Wallet®

Aristocrat’s Casino Management Technology to Support Everi’s Cashless Commerce and Payment Solution


LAS VEGAS, July 21, 2021 – Aristocrat Technologies, Inc. a subsidiary of Aristocrat Leisure Limited (ASX: ALL), today announced a partnership with Everi Holdings Inc. (NYSE: EVRI) to integrate Oasis 360™ with Everi’s digital CashClub Wallet®. The integration of Aristocrat’s award-winning casino management system (CMS) with CashClub Wallet® further demonstrates Aristocrat’s leadership position in the land-based gaming technology supplier space.

Through this partnership, Aristocrat will offer Everi’s flexible, cost-effective, and secure cashless and contactless commerce and payment solution to operators that utilize Aristocrat’s wide array of customer experience solutions for mobile, electronic gaming devices, and table games. In addition, the integration of Aristocrat’s digital wallet services with CashClub Wallet provides guests another option to fund their play while providing a seamless gaming experience.

Oasis 360 offers an award-winning portfolio of casino management technology comprised of mobile, slot management, bonusing, digital, table management, loyalty solutions, kiosk, and a media management hub. Oasis 360 is built with an open architecture that allows for dynamic integration with third-party technologies such as CashClub Wallet. Furthermore, it provides a comprehensive solution including data capture from slot machines, tables and kiosks, key reports, jackpot processing, customer rewards, security breach assistance, pit operations, player credit, markers and check cashing.

“The integration between Oasis 360 and Everi’s CashClub Wallet shows our focus on delivering innovative guest and operator experiences for our customers with a continued pledge to world-class partnerships,” said Cath Burns, executive vice president of customer experience solutions for Aristocrat. “Our commitment to both guest and operator experiences are at the heart of everything we do and this partnership will be a driving force to move our industry technologies forward.”

Everi’s CashClub Wallet is a mobile digital wallet that enables casino operators to offer cashless and contactless funding of electronic game play across the casino floor. Everi empowers casino operators to successfully deliver on all aspects of the emerging mobile ecosystem, including funding at the gaming device, payments at point of sale, or funding online sports betting, iGaming or social gaming – a true cashless experience all while providing customers with multiple options to access funds while on the casino floor.

“We understand that complexity around the gaming customer is increasing every day and operators are looking for continued engagement by creating integrated solutions to deliver a seamless experience. This partnership represents an important opportunity to collaborate with Aristocrat and support their award-winning CMS solution with our industry-leading technology,” said Darren Simmons, executive vice president and FinTech business leader for Everi. “Integrating Oasis 360 with our CashClub Wallet solution fulfills our collective goal of creating a convenient, seamless mobile experience for casino guests and a cost-effective solution for operators.”

For more information about the Oasis 360™ system or any of Aristocrat’s industry-leading solutions, contact your Aristocrat representative or visit www.aristocratgaming.com.

© CashClub Wallet is a registered trademark of Everi Holdings Inc. and is used with permission.

About Aristocrat Technologies, Inc.
Aristocrat Technologies Inc. is a subsidiary of Aristocrat Leisure Limited (ASX: ALL), a global games leader with more than 6,000 employees. The company is licensed in over 300 gaming jurisdictions, operates in more than 90 countries, and offers a unique blend products and services. The company’s mission is to bring joy to life through the power of play. Its values are rooted in creativity and technology, and the company has a rich history of innovation that has shaped the gaming industry over many decades. For more information about Oasis 360 system or any of Aristocrat’s industry-leading solutions, contact your Aristocrat representative or visit www.aristocratgaming.com. Join Aristocrat on Facebook, Instagram, LinkedIn, and Twitter.

About Everi
Everi’s mission is to be the industry leader through the power of people, imagination and technology. Focused on player engagement and assisting our casino customers to operate more efficiently, the Company develops entertaining game content and gaming machines, gaming systems, and services for land-based and iGaming operators. The Company is also the preeminent provider of trusted financial technology solutions that power the casino floor while improving operational efficiencies and fulfilling regulatory compliance requirements, including products and services that facilitate convenient and secure cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.

Everi And JACK Entertainment Launch First Cashless Mobile Wallet In Northeast Ohio Gaming Market

LAS VEGAS and CLEVELAND, July 20, 2021 /PRNewswire/ -- 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 launch of JACK Mobile Wallet, a cashless mobile wallet at JACK Entertainment properties powered by Everi's digital CashClub Wallet® technology. Everi and JACK Entertainment have developed a multi-phase implementation strategy for Everi's comprehensive digital wallet solution across JACK Thistledown and JACK Cleveland Casino that will continue to expand functionality of the mobile wallet technology at both properties as each phase obtains Ohio regulatory approval.

Everi's CashClub Wallet is a mobile digital wallet that enables casino operators to offer their guests the option of cashless and contactless funding of electronic game play across the casino floor. Everi empowers casino operators to successfully deliver on all aspects of the emerging mobile ecosystem, including funding at the gaming device, payments at point of sale, or funding for sports betting or social gaming – all while providing customers with multiple options to access funds while on the casino floor. The CashClub Wallet technology will be phased in to assist with velocity control for responsible gaming and will be integrated with JACK's loyalty application and back-end system.

"Powered by the industry-leading CashClub Wallet technology, JACK Mobile Wallet fulfills a collective goal of enabling JACK Entertainment's guests the choice of having a cashless, mobile experience," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "Our aim is to enhance the player experience, which we do by bringing customer-centric features to loyalty, payments, and cage and cash operations and by providing continuity to our clients' workflows."

Guests can become a member of ClubJACK for free by registering at any of JACK Entertainment's properties. As part of ClubJACK, guests receive exclusive offers including free play, gift giveaways, special programming, and food and beverage promotions.

"JACK Entertainment looks to lead the industry with unique and innovative amenities and using technology to create a better guest experience when they visit our properties," said Mark Dunkeson, Chief Executive Officer of JACK Entertainment. "The launch of the mobile solution at JACK Thistledown Racino eliminates the need to handle cash on the casino floor, creating a frictionless experience for the customer and providing patrons with new, flexible options to fund their gaming."

Everi's CashClub Wallet® Successfully Integrated into Acres Manufacturing's Foundation™ Casino Management System

LAS VEGASJuly 19, 2021 /PRNewswire/ -- Acres Manufacturing Company today announced that Everi Holdings' CashClub Wallet® has been integrated into its Foundation casino management system. The combined technology allows casinos to enable cashless gaming at any slot machine or table game and is deployable at casinos worldwide.

Foundation, released by Acres Manufacturing Company earlier this year, gives casinos tremendous new capabilities to operate efficiently and market profitably to its players. The system reports every measure of data from any slot machine in real-time, giving casinos direct ownership and control of the entire data library. In addition, Foundation can write commands to the credit meter on any slot machine, making it an optimal solution for cashless gaming.

The integration allows casino players to move money into Everi's CashClub Wallet®, which can then command Acres Manufacturing Company's Foundation to make appropriate changes to the credit meter on any slot machine.  Foundation can operate with no disruption to the existing casino management system, making the combined solution quickly deployable at any casino operating Class II or Class III slot machines. 

"We are proud to partner with Everi to allow its CashClub Wallet® direct access to any casino game connected to Foundation," said John Acres, CEO & Founder of Acres Manufacturing Company.  "Together with Everi, we are answering the industry's call to rapidly implement cashless gaming." 

Everi's CashClub Wallet® is a mobile digital wallet that enables casino operators to offer a cashless and contactless funding option for the casino floor. Everi empowers casino operators with a single wallet solution to successfully deliver on all aspects of the emerging mobile casino ecosystem, including funding at the gaming device, payments at point of sale, or funding online sports betting, iGaming or social gaming — a true cashless experience all while providing customers with multiple options to access funds while on the casino floor or on the go.

"Leveraging a player's mobile device for cashless gameplay and real-time loyalty data presents a great opportunity to extend engagement between casino operators and their patrons across the gaming environment," said Darren Simmons, executive vice president and FinTech business leader for Everi. "The integration of our CashClub Wallet solution with the Acres Foundation technology will help deliver a seamless mobile experience for casino guests and an integrated cost-effective solution for operators."

Everi Announces Successful Closing of $400.0 Million Senior Unsecured Notes Due 2029

LAS VEGAS, July 15, 2021 /PRNewswire/ -- 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 successful closing of the previously announced offering of $400 million in aggregate principal amount of its 5.000% senior unsecured notes due 2029 issued at par (the "New Notes"). The New Notes are guaranteed by certain of the Company's wholly-owned subsidiaries.

The Company intends to use a portion of the proceeds from the New Notes to (i) redeem in full its 7.50% Senior Unsecured Notes due 2025 (the "2025 Notes") and (ii) pay all related fees and expenses. Upon consummation of the closing of the Company's previously announced anticipated new credit facilities in August 2021, the Company intends to use the remaining proceeds from the New Notes, together with proceeds of such anticipated new credit facilities and cash on hand, to (i) repay all borrowings outstanding under, and terminate all commitments under, its currently existing credit facilities; and (ii) pay all related fees and expenses.

The New Notes were offered and sold only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in accordance with Regulation S under the Securities Act.  The New Notes and the guarantees thereof have not been and will not be registered under the Securities Act or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the New Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the New Notes will be made only by means of a private offering memorandum. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

This press release does not constitute a notice of redemption under the indenture governing the 2025  Notes or an offer to tender for or purchase any 2025 Notes or any other security.

Everi Announces Successful Pricing Of $400 Million Of Senior Unsecured Notes

LAS VEGAS, June 30, 2021 /PRNewswire/ -- 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 has successfully priced its previously announced offering of $400 million in aggregate principal amount of senior unsecured notes due 2029 (the "New Notes") at a rate of 5.000% and an issue price of par.

The New Notes will be guaranteed by certain of the Company's wholly-owned subsidiaries.

The Company intends to use a portion of the proceeds from the New Notes to (i) redeem in full its 7.50% Senior Unsecured Notes due 2025 and (ii) pay all related fees and expenses.  Upon consummation of the closing of the Company's previously announced expected new credit facilities in August 2021, the Company intends to use the remaining proceeds from the New Notes, together with proceeds of such expected new credit facilities and cash on hand, to (i) repay all borrowings outstanding under, and terminate all commitments under, its existing credit facilities; and (ii) pay all related fees and expenses.

The offering is currently expected to close on July 15, 2021, subject to satisfaction of customary closing conditions.

The New Notes have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws. The New Notes are offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act, and to non-U.S. persons in accordance with Regulation S under the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the New Notes or any other securities and shall not constitute an offer, solicitation, or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the New Notes will be made only by means of a private offering memorandum. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. This press release contains information about pending transactions, and there can be no assurance that these transactions will be completed.

Everi Launches Private Offering Of $400.0 Million Senior Unsecured Notes Due 2029

LAS VEGAS, June 28, 2021 /PRNewswire/ -- 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 intends to offer, subject to market and other conditions, $400.0 million in aggregate principal amount of senior unsecured notes due 2029 (the "Notes") in a private offering. The Notes will be guaranteed on a senior unsecured basis by the Company and certain of the Company's direct and indirect domestic subsidiaries.

The Company intends to use the proceeds from the Notes to redeem in full its 7.50% Senior Unsecured Notes due 2025 and to pay related fees and expenses and, upon consummation of the credit facility refinancing described below, to repay a portion of the borrowings outstanding under its existing credit facilities.

Following the closing of the offering, the Company intends to enter into certain new credit facilities, the proceeds of which, together with cash on hand, are intended to be used to repay in full the remaining outstanding borrowings under its existing credit facilities (the "Credit Facility Refinancing"). The consummation of the offering of Notes is not conditioned upon the consummation of the Credit Facility Refinancing.

The Notes will be offered and sold only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes and the guarantees thereof will not be registered under the Securities Act or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation; or sale in any jurisdiction in which, or to any person to whom, such an offer, solicitation or sale is unlawful. Any offers of the Notes will be made only by means of a private offering memorandum. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. This press release contains information about pending transactions, and there can be no assurance that these transactions will be completed.

Everi Announces Expected 2021 Second Quarter Results In Connection With Plan To Refinance Outstanding Debt

Expects Quarterly Records for: Revenue of $167 Million to $172 Million, Net Income of $31 Million to $34 Million, Adjusted EBITDA of $87 Million to $91 Million, and Free Cash Flow of $32 Million to $36 Million
Announces Refinancing of its Outstanding Total Debt with Anticipated Prepayment of $144.9 Million

LAS VEGAS, June 21, 2021 /PRNewswire/ -- 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 in connection with its plan to take advantage of favorable market conditions to lower its cost of debt and extend maturities through a refinancing of its total outstanding debt, the Company has announced certain expected financial results for the second quarter ending June 30, 2021. The expected record 2021 second quarter results demonstrate meaningful quarterly sequential improvement compared to the 2021 first quarter results as well as substantial growth compared to the pre-pandemic 2019 second quarter results, even with a continued albeit lesser impact from the COVID19 pandemic.

Announces Plan to Refinance Outstanding Debt

The Company announced a plan to take advantage of favorable market conditions to refinance its outstanding total debt and extend maturities. Everi plans to refinance its $35 million Revolving Credit Facility due 2022 and its $820 million Term Loan Facility due 2024, prepay in full its $125 million Incremental Term Loan Facility due 2024, and redeem the $285.4 million of Unsecured Notes due 2025. After refinancing its $1,144.9 million total outstanding debt, the Company expects to have $1.0 billion of outstanding total debt and to have a new $125 million Revolving Credit Facility that will be undrawn at closing.

Expected 2021 Second Quarter Results

The Company expects 2021 second quarter consolidated revenues of approximately $167 million to $172 million reflecting a quarterly sequential improvement from $139.1 million in the 2021 first quarter and an increase of more than 25% compared to $129.7 million in the pre-pandemic 2019 second quarter. The Company expects 2021 second quarter net income of $31 million to $34 million compared to $20.5 million in the 2021 first quarter and $5.5 million in the 2019 second quarter. Diluted earnings per share are expected to be $0.31 to $0.34 compared to $0.21 per share in the 2021 first quarter and $0.07 per share in the 2019 second quarter.

In addition, the Company expects that Adjusted EBITDA, a non-GAAP financial measure, will be $87 million to $91 million in the 2021 second quarter, compared to $75.4 million in the 2021 first quarter and $64.1 million in the 2019 second quarter. The Company expects that the Games and FinTech segment contributions to revenues and Adjusted EBITDA in the 2021 second quarter results will approximate a proportional split in a manner consistent with the 2021 first quarter results.

As a result of the higher revenues and net income, Free Cash Flow is expected to be $32 million to $36 million for the 2021 second quarter. Reflecting the substantial benefits of improved revenues and consistent operating execution, which is driving higher margins, Everi's cash and cash equivalents rose to $360.8 million as of May 31, 2021, compared to $335.1 million as of March 31, 2021, and $251.7 million as of December 31, 2020. Net Cash Position, a non-GAAP financial measure, which includes the impact of the full receipt of outstanding settlement receivables and the full payment of outstanding settlement liabilities from cash and cash equivalents, rose to $225.5 million as of May 31, 2021, compared to $182.6 million as of March 31, 2021, and $139.1 million as of December 31, 2020.

Michael Rumbolz, Chief Executive Officer of Everi, said, "Our expected record 2021 second quarter results highlight the ongoing strength of our core recurring revenue businesses and the benefit of our organic growth initiatives. Both our Games and FinTech segments are performing significantly above pre-pandemic periods, driving substantial improvements in our total revenue, net income, Adjusted EBITDA, and Free Cash Flow. Since March, the total value processed of our financial access transactions on a same-store basis has been consistently trending at a mid-teens percentage growth rate above the comparable 2019 volumes. This is significantly higher than our mid-single digit percentage historical average growth rate.  Additionally, our gaming operations installed base has continued to grow, fueled primarily by a greater number of premium units, which is also driving new record levels of Daily Win per Unit. We also expect our gaming machine unit sales in the second quarter will well exceed the level shipped in the first quarter of 2021.

"Our strong performance is driven by the collaborative efforts of the worldwide Everi Team to continuously enhance our product portfolio and innovate new products that help our customers extend the connection with their guests and operate more efficiently, as well as our focus on providing unmatched customer service. Given the momentum of our products in both of our business segments and our continued focus on operating execution, as well as the potential opportunity to lower our annual interest expense through refinancing of our outstanding debt, we believe Everi is well positioned to continue to generate strong Free Cash Flow and further grow shareholder value."

The expected unaudited results announced in this release are derived from preliminary expected internal financial reports and are subject to revision based on the Company's procedures and controls associated with the completion of its quarter-end financial reporting, including all customary reviews and approvals of such financial statements for the quarter ending June 30, 2021. Accordingly, actual results may differ from these preliminary results and such differences may be material. The Company anticipates releasing its 2021 second quarter results on August 4, 2021, after market close.

Everi Launches New MonsterVerse Wide-Area Progressive, Featuring Kong and Godzilla, at San Manuel Casino

LAS VEGASJune 8, 2021 /PRNewswire/ -- 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 loyalty solutions, today announced the launch in the Southern California market of its MonsterVerse™ wide-area progressive ("WAP") game at San Manuel Casino. The WAP game, featuring Kong and Godzilla™ in earth shattering 4K display, is based on Legendary Entertainment's Monsterverse.

MonsterVerse is the newest series on Everi's Empire DCX premium cabinet, featuring Kong and Godzilla in earth shattering 4K game play, now available at San Manuel Casino.

Bigger than any single monster, Legendary's Monsterverse is an expansive story universe of multi-layered experiences centering around humanity's battle to survive in a world that is under siege by a catastrophic new reality—the monsters of our myths and legends are real. Beginning in 2014 with Godzilla and continuing with 2017's Kong: Skull Island, 2019's Godzilla: King of the Monsters, and 2021's Godzilla vs. Kong, Monsterverse films have accumulated close to two billion dollars globally at the box office.

Now, the two most beloved Titans, Kong and Godzilla, as well as other iconic kaiju monsters, are showcased in San Manuel Casino's newest gaming offerings, which also features the "Monster Bet", daring players to bet big to play four arrays at once. MonsterVerse™ is the latest series on Everi's Empire DCX™ premium cabinet, complete with dual-curved 43-inch monitors with integrated edge lighting, a 4K display providing an immersive player experience, enhanced game-controlled lighting, premium 4.1 surround sound, and convenient mobile device charging ports.

"San Manuel Casino is a great partner for the launch of our newest WAP game in Southern California which extends the breadth of our high-performing premium games portfolio in this market," said Dean Ehrlich, Everi Executive Vice President and Games Business Leader. "MonsterVerse™ continues to deliver the elevated, engaging gaming experience for players our premium games on the Empire DCX™ are known for while providing our customers with an attractive return on their investment."

Located just 60 minutes outside of Los Angeles, San Manuel Casino is a thrilling world of gaming. The addition of the first-to-market MonsterVerse™ enhances a leading gaming destination in Southern California, which features two stories of mechanical reels, video reels, video keno, in-house progressive jackpots, wide-area and Mystery Jackpots, and Wide-Area progressive (multi-casino) jackpot machines. San Manuel Casino recently hosted the Ultimate Titan Showdown, a slot pull tournament in celebration of the MonsterVerse™ launch.

"The summer is known for blockbuster premieres and so is San Manuel Casino," said Peter Arceo, San Manuel Casino General Manager. "Creating innovative experiences for our guests is the foundation of our success and will remain a focus with our upcoming expansion and beyond."

Everi Launches High-Performing Slot And Gaming Content Online In West Virginia

Everi Digital Expands into West Virginia Market with BetMGM, BetRivers, DraftKings

LAS VEGASJune 1, 2021 /PRNewswire/ -- Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) ("Everi" or the "Company"), a premier provider of land-based and digital casino gaming content, financial technology, and player loyalty solutions, has partnered with multiple iGaming operators to bring Everi's award-winning gaming content to West Virginia.

In partnering with BetMGM, BetRivers.com from Rush Street Interactive, and DraftKings, Everi launched its iGaming content for the first time in West Virginia via its proprietary Spark Remote Game Servers ("RGS"). The Company now offers 36 high-performing games, including the industry-recognized Atomic Meltdown™, Cash Machine™, Double Ruby™, Triple Threat™, and Smokin 777™, as well as many more. The launches mean Everi now supports BetMGM, DraftKings, and Rush Street Interactive in four states: MichiganNew Jersey, and Pennsylvania, in addition to West Virginia.

 

"The launch of our iGaming content across several sites in West Virginia with trusted partners in BetMGM, DraftKings, and Rush Street Interactive, is another step forward for our Digital gaming initiatives as it introduces our distinct gaming library to West Virginia online players for the first time," said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. "This move expands the footprint of our state-of-the-art RGS platform and we're confident our compelling games will be popular in this new market, adding to our growing online community."

In addition to its online presence, BetMGM Casino also operates in conjunction with The Greenbrier, the mountain luxury resort in West Virginia. Everi's award-winning three-reel mechanical games and exciting video slot content is available through Rush Street Interactive ("RSI") via BetRivers.com, and Mountaineer Casino, nestled in the scenic hills of northern West Virginia. DraftKings also launched Everi's expansive gaming portfolio in West Virginia, offering world-class experiences to its online casino and Hollywood Casino at Charles Town Races.

Everi and Caesars Palace to Install Jackpot Xpress

LAS VEGAS, May 20, 2021 (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 loyalty solutions, today announced an agreement with Caesars Entertainment, Inc. (NASDAQ: CZR) ("Caesars") to begin a Nevada field trial for Jackpot Xpress®, Everi’s jackpot management system, under guidelines issued by the Nevada Gaming Control Board. The trial will take place at the iconic Las Vegas Strip centerpiece, Caesars Palace.

Upon final approval by the Nevada Gaming Control Board, Caesars will have the option to install Jackpot Xpress at all its Nevada properties. Caesars will also have the option to install Jackpot Xpress at all its owned and managed locations, pending further jurisdictional approvals.

Jackpot Xpress is an award-winning, intuitive jackpot and tax forms management solution that enables casino staff to securely and efficiently process slot jackpots using a mobile device right at the winning gaming machine. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure payment, tax forms management, and anti-money laundering tracking into a single solution. Everi’s proprietary technology provides increased convenience for the player and improved efficiency for casino staff, all while eliminating paper, shrinking cage lines, and reducing player wait times — resulting in a greatly improved gaming experience. Caesars Palace will also be the first casino to utilize Everi’s proprietary electronic tax form delivery system. This system allows tax forms, such as W2-G forms, to be securely retrieved by the player, further enhancing the guest experience. For more information about Jackpot Xpress, please visit everi.com/jackpot-xpress.

“We continue to build an integrated Digital Neighborhood that encompasses our full suite of financial and loyalty products and services. These efforts have positioned Everi as the industry’s financial technology leader and a strategic partner for forward-thinking customers such as Caesars Entertainment,” said Darren Simmons, Everi’s Executive Vice President and FinTech Business Leader. “Our innovative products such as Jackpot Xpress provide value to our customers, as they enhance their ability to better serve their players while creating measurable efficiencies in their operations.” 

Everi Named a Top Workplace 2021 by The Las Vegas Review-Journal and Las Vegas Business Press

Nevada “Top Workplaces” Survey Recognizes Everi as an Industry Leader in Team Culture


LAS VEGAS, May 19, 2021 (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 loyalty solutions, has been honored with a “Top Workplaces 2021” award by The Las Vegas Review-Journal and Las Vegas Business Press.

The list is based solely on employee feedback, gathered through a third-party survey administered by employee engagement technology partner Energage, LLC. The anonymous survey uniquely measures 15 culture drivers that are critical to the success of any organization, such as alignment, execution, and connection.

“This award would not be possible without the contributions and feedback from our dedicated Everi team members, as well as the families who support them," said Michael Rumbolz, Everi Chairman and CEO. "We are driven by a culture of collaboration and a collective mission: to lead the industry by reimagining the gaming experience. After a difficult year, it is incredibly gratifying to see Everi’s diverse team of passionate and talented individuals recognized with this achievement."

In September, the Las Vegas Review-Journal and Las Vegas Business Press will publish an expanded article that shares additional information about Everi’s award, and it will include the overall rankings. Out of hundreds of entries, only 42 Nevada workplaces qualified for the list. Everi is the only company within the gaming manufacturing segment to be honored.

"During this very challenging time, Top Workplaces has proven to be a beacon of light for organizations, as well as a sign of resiliency and strong business performance," said Eric Rubino, Energage CEO. "When you give your employees a voice, you come together to navigate challenges and shape your path forward. Top Workplaces draw on real-time insights into what works best for their organization, so they can make informed decisions that have a positive impact on their people and their business."

Everi Digital Announces New Contract with BCLC to Provide Slot Content for PlayNow.com Online Casino

LAS VEGAS, April 19, 2021 (GLOBE NEWSWIRE) -- Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company), a premier provider of land-based and digital casino gaming content, financial technology and player loyalty solutions, announced a new contract with British Columbia Lottery Commission (“BCLC”). Pursuant to this contract, Everi Digital recently launched its online slot content on BCLC’s PlayNow.com. Everi Digital became the third slot content supplier to provide BCLC with both online and land-based slot games.

With this new agreement, Everi becomes the largest provider of three-reel stepper products to PlayNow.com’s online casino. With Everi’s extensive library of proven, player-popular stepper games, Everi will be able to expand by up to 10 times the amount of stepper content presently available to PlayNow.com players throughout British Columbia. Additionally, Everi will also be providing its latest successful video slot content for use on PlayNow.com’s online casino.

“We are extremely excited to continue working with BCLC to provide our high-performing game content that has proven popular with players in their land-based casinos to their growing audience of online players,” said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. “Online players in a growing number of markets clearly enjoy the experience provided by our library of world-class games, and the expansion of our partnership with BCLC demonstrates our efforts to leverage our engaging content to further expand our Digital gaming business.”

Miles Kilburn to Retire as Chairman of Everi’s Board of Directors

CEO Michael Rumbolz to Become Chairman

Ronald Congemi Named Lead Independent Director

LAS VEGAS, April 06, 2021 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming content and machines, financial technology, and player loyalty solutions, today announced that E. Miles Kilburn, Chairman of the Board of Directors of Everi, has informed the Company he will retire from the Board of Directors (the "Board") and will not stand for reelection at the Company’s 2021 Annual Meeting of Stockholders, which will be held on May 19, 2021, Mr. Kilburn’s last day of service on the Board. The Board has appointed Everi Chief Executive Officer, Michael D. Rumbolz, to become Chairman upon Mr. Kilburn’s retirement. The Board also named Ronald V. Congemi, a member of the Board for the last eight years, as Lead Independent Director, effective immediately.

The Board intends to review the opportunity to fill the open director position created by Mr. Kilburn’s retirement through the addition of a new director that would continue to advance the gender, cultural and professional diversity of its current composition and that would bring additional gaming, financial technology, digital and leadership experience to the Board. In addition, the Board’s deep commitment to excellence in corporate governance is reflected in its regular review of and ongoing work to further its existing senior leadership succession planning to ensure long-term continuity. The Board has already identified preferred candidates to ensure this continuity of leadership. While it presently anticipates continuing to pursue its succession plan, additional qualified candidates will continue to be considered.

E. Miles Kilburn Retires

E. Miles Kilburn has served as a member of the Board since March 2005 and has been Chairman since 2008. During his time on the Board, the Company has grown, evolved, and established itself as a leading provider of casino gaming content and products, financial technology solutions and player loyalty services to the gaming industry through both organic growth and 11 acquisitions. Mr. Kilburn’s vast experience and success in the payments industry helped guide Everi’s path to become a leading provider of such solutions to the gaming industry and in leveraging its capabilities to build a comprehensive portfolio of financial technology products and services. In 2014, the Company completed the acquisition of Multimedia Games, Inc., which at the time was a niche supplier of primarily Class II casino gaming equipment and is now one of the fastest-growing providers of slot entertainment for the gaming industry with a multi-year track record of revenue growth and increased operating results.

“Having served with distinction on the Board for 15 years including as Chairman since 2008, Miles has led our Board’s efforts to develop and adapt corporate governance practices that promote long-term value creation, transparency to stakeholders and accountability to our stockholders,” said Ronald V. Congemi, Lead Independent Director for Everi. “Since the Company’s IPO in 2005, Miles’ wisdom, experience and guidance has helped Everi develop and evolve into one of the most exciting growth companies in the gaming industry. On behalf of the Board and the entire organization I want to thank Miles for his long-time service to the Company and wish him continued success in the future.”

Miles Kilburn said, “I have enjoyed my long association with Everi, and take great satisfaction in the Company’s evolution into a leading supplier of gaming and financial service solutions to the gaming industry. Everi has strong business momentum and its financial recovery from the impact of the COVID-19 pandemic is well underway with significant opportunities for growth ahead of it. With Mike as Chairman and an exceptional leadership team in place who continue to develop and execute on Everi’s growth initiatives, the Company will continue to benefit from a strong foundation. With my business interests expanding and taking more of my time, and continuity of the Company’s stewardship in place, it’s a fitting time to retire and provide an opportunity for someone to bring new insights to the Board.”

Michael D. Rumbolz to Become Chairman

Upon Mr. Kilburn’s retirement, Michael D. Rumbolz will jointly serve as Chairman of the Board and Chief Executive Officer. Mr. Rumbolz has served as Everi’s Chief Executive Officer since April 1, 2020, having previously served as President and Chief Executive Officer from May 2016 through March 2020, and Interim President and Chief Executive Officer from February 2016 to May 2016, and has been a member of the Board since 2010. From 2008 to 2010, he served as a consultant to the Company advising upon various strategic, product development and customer relations matters. Prior to that, he served as the Chairman and Chief Executive Officer of Cash Systems, Inc., a provider of cash access services to the gaming industry, from 2005 until 2008 when the Company acquired Cash Systems, Inc.

Mr. Rumbolz has provided consulting services and held various public and private sector employment positions in the gaming industry, including serving as a Member and Chairman of the Nevada Gaming Control Board from 1985 to 1988. He previously served as the Vice Chairman of the Board of Casino Data Systems, the President and CEO of Anchor Gaming, the Director of Development for Circus Circus Enterprises (acquired by Mandalay Bay Group), and the President of Casino Windsor at the time of its construction and opening in Windsor, Ontario. In addition, Mike was the Chief Deputy Attorney General of the State of Nevada.

Mike currently serves as a Director of Seminole Hard Rock Entertainment, LLC and as a Director of VICI Properties Inc. (NYSE: VICI).

“Since first joining the Everi Board in 2010, I’ve had a deep and ongoing commitment to the success of Everi,” said Mr. Rumbolz. “Over the last several years, we’ve established a deep bench of experienced and talented leadership and an employee workforce that is second-to-none in my opinion. I am most proud of how we have focused on building a company culture that strives to be more diverse and collaborative, which is yielding more new and enhanced products than-ever-before and has laid a strong foundation for continued growth. I believe Everi is in the early innings of our growth trajectory, and I look forward to being a part of that continuing journey. I, along with the rest of the Board and Company, wish all the best to Miles in his next and future endeavors.”

Ronald V. Congemi as Lead Independent Director

Ronald V. Congemi has served as a member of the Board since February 2013. He is an active member of the Philadelphia Federal Reserve’s Payments Advisor Council and has served as a member of the board of Clearent LLC, a merchant processing company and as a consultant to the Acxsys Corporation of Canada, the operating arm of the Interac debit network of Canada. He also served four years as Chief Executive Officer of First Data’s Debit Services Group, with responsibility for all debit and Star branded network services. Prior, he was Senior Vice President of Concord EFS, Inc. and President of Concord’s Network Services Group, with management responsibility for the Star network and financial institution processing.

Mr. Congemi founded Star Systems, Inc. and built it into the country’s largest ATM and PIN-secure debit network during his 17-year tenure as President and CEO. Previously, he held positions of increasing responsibility at Visa International and began his career with Texas Commerce Bank in the information systems and bank card management divisions.

He has held positions as Chairman of the Electronic Funds Transfer Association, Chairman of Star Systems, Inc., Chairman of TNS Canada and Chairman of Early Warning Systems, LLC.

Everi and Three of its Slot Products Named Winners in Four Categories at Third Annual EKG Slot Awards

Empire Flex® Cabinet, Cash Machine® and Smokin Hot Stuff Wicked Wheel® Games Win Top Honors in their Respective Categories

Everi Named Most Improved Supplier in Core Games Category

LAS VEGAS, April 06, 2021 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company), a premier provider of land-based and digital casino gaming content and machines, financial technology and player loyalty solutions, announced today the Company and three of its slot products were recognized with Top Honors in four distinct categories at the Third Annual EKG Slot Awards event. Eilers & Krejcik Gaming’s EKG Slot Awards recognize excellence in slot machine game development within the land-based casino gaming industry and interactive gaming sector. Winners are determined through a data-driven process combined with input from a distinguished industry advisory board and official voting from over 100 qualified slot directors from over 300 casinos across the U.S. and Canadian markets and representing roughly 300,000 slot machines. The four top honors, out of the twelve categories in which the Company was nominated, is an improvement from the three top honors last year and Everi was the second most honored slot supplier for this year’s awards.

Everi’s Empire Flex® cabinet was honored as the Top Performing New Cabinet – in the Core games category, while its Cash Machine® game was recognized as the Top Performing Core Mechanical Reel Game for the second consecutive year and Smokin Hot Stuff Wicked Wheel® was cited as the Top Performing 3rd Party IP Branded Game, the second consecutive year the Company has won this category following the win for its Shark Week® Jaws of Steel™ game last year. The Company was also recognized for winning in the Most Improved Supplier – Core category.

“We are deeply honored by this industry recognition by our casino operator customers for the performance our games deliver on their slot floors and also appreciate the forum Eilers & Krejcik Gaming, which works year-round to highlight the performance of games on casino floors, has created to recognize great slot product and the companies that are at the forefront of innovation,” said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi. “This recognition is a testament to the passion and commitment of our development teams, and to the hard work and tireless effort of everyone across our entire organization to support our mission of striving to become one of the leaders in the industry by reimagining the gaming experience. Our slot product portfolio has been on a significant path of improvement over the last couple of years, and we expect our new slot products that will be introduced this year will again demonstrate our ability to develop even more engaging player experiences.”

Everi Appoints Kate Lowenhar-Fisher Executive Vice President, Chief Legal Officer – General Counsel, and Corporate Secretary

LAS VEGAS, March 15, 2021 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming products, financial technology and player loyalty solutions, today announced the appointment of Kate C. Lowenhar-Fisher as Executive Vice President, Chief Legal Officer – General Counsel, and Corporate Secretary, effective March 22, 2021, subject to customary regulatory approvals. Ms. Lowenhar-Fisher will have responsibility for the Company’s legal and regulatory compliance affairs and will report to Everi’s Chief Executive Officer, Michael Rumbolz.

Ms. Lowenhar-Fisher brings extensive expertise in the casino gaming industry to Everi, including more than 18 years of corporate legal and regulatory compliance experience on behalf of gaming equipment suppliers and casino operators. She most recently served as an Equity Member in the Las Vegas office of Dickinson Wright PLLC, where she chaired the firm’s Gaming & Hospitality Practice Group. During her time at Dickinson Wright, she advised clients on a wide range of corporate and gaming issues, such as financings, mergers and acquisitions, commercial transactions and internet gaming. She also was a member of the legal team that wrote the definitive book on casino gaming law in the United States, having co-authored the 2016–2020 editions of the LexisNexis publication “Gaming Law and Practice.” Prior to joining Dickinson Wright, Ms. Lowenhar-Fisher served as a shareholder at Brownstein Hyatt Farber Schreck, LLP, where she specialized in gaming law and commercial transactions.

Michael Rumbolz said, “We are delighted to welcome Kate to the Everi team at this exciting time in the ongoing evolution of our Company and our industry. Her extensive experience across a comprehensive range of corporate issues and deep knowledge of the gaming industry’s unique regulatory and compliance standards will be vital assets for our business going forward. With Everi’s growth focus and future expansion opportunities, we are fortunate to welcome to our team someone with Kate’s experience in so many aspects of gaming and corporate law. We look forward to the benefit of her counsel and contributions.”

Ms. Lowenhar-Fisher is a member of the International Association of Gaming Advisors and the International Masters of Gaming Law. She also sits on the boards of both the Grant a Gift Autism Foundation and the Nevada PEP. She holds a B.A. in International Relations from Stanford University, a J.D. from the Emory University School of Law and is admitted to the bar in both Nevada and California.

Everi Announces Successful Completion of Term Loan Repricing

LAS VEGAS, Feb. 02, 2021 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming products, financial technology and player loyalty solutions, today announced that it successfully completed the repricing of its $735.5 million First Lien Term Loan under its Credit Agreement as amended February 2, 2021 (the “Credit Agreement”).

Under the amended Credit Agreement, the LIBOR and Base Rate floor components of the interest rate applicable to the First Lien Term Loan were reduced by 25 basis points to 0.75% from 1.00% and to 1.75% from 2.00%, respectively. The LIBOR and Base Rate margins applicable to the First Lien Term Loan remain unchanged at 2.75% and 1.75%, respectively. The amended Credit Agreement includes six months of 101 soft call protection. The maturity of the First Lien Term Loan remains May 9, 2024, and no changes were made to the financial covenants or other debt repayment terms.

Jefferies acted as advisor and sole lead arranger for this amendment to the Credit Amendment.

“This repricing of our First Lien Term Loan reflects the tremendous progress we are achieving with strengthening our operating results,” said Mark Labay, Executive Vice President and Chief Financial Officer of Everi. “At current rates and with our existing balance on the First Lien Term Loan outstanding, the 25-basis-point reduction in our LIBOR floor is expected to generate cash interest rate savings of $1.8 million on an annualized basis. This repricing provides another important improvement to our capital structure following similar activities over the past few years that have significantly lowered the weighted average interest rate on our outstanding debt obligations. These savings improve our ability to generate Higher Free Cash Flow in future periods, providing opportunities for incremental deleveraging and the creation of new value for our shareholders.”

Everi Digital Launches Its Online Games in Michigan

Offers Popular Stepper and Video Slot Games to Michigan Online Players

LAS VEGAS, Jan. 22, 2021 (GLOBE NEWSWIRE) -- Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of land-based and digital casino gaming products, financial technology and player loyalty solutions, is now delivering its iGaming content in the state of Michigan through multiple online casino operators via its proprietary Remote Game Server (RGS).

Everi is partnering with multiple providers to offer a wide variety of its top performing games, including Atomic Meltdown™, Cash Machine™, Double Ruby™, Triple Threat™, Smokin 777™ and many more.

“Everi is excited to now offer in Michigan our high-performing game content that is popular with players in land-based casinos and has become a proven performer with our other iGaming partner-operators,” said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. “Online players enjoy the slot experience of our games, and our new partnerships in Michigan demonstrate our focus on expanding our Digital gaming business to provide our world-class slot games to the continuously growing community of online players.”

David Lucchese, Everi’s Executive Vice President of Sales, Marketing and Digital, Appointed President of AGEM

LAS VEGAS, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, announced today that David Lucchese, its Executive Vice President of Sales, Marketing and Digital, has been appointed President of AGEM (Association of Gaming Equipment Manufacturers). Mr. Lucchese’s two-year term began January 12, 2021.

“AGEM is very pleased to welcome David Lucchese as our President for the next two years,” said Marcus Prater, Executive Director of AGEM. “His vast experience and deep understanding of the issues facing gaming suppliers will serve him well as we navigate a difficult path brought on by the pandemic. We will forge ahead under his leadership and the overall gaming industry will emerge from this in a better position by working together to promote a spirit of cooperation championed by Dave, the AGEM Officers, and our member companies.”

“I am delighted that my peers have selected me as the newest President of AGEM,” said Mr. Lucchese. “I look forward to working with the entire AGEM leadership team and our member companies, maintaining the collaborative efforts which have served us well throughout the years. Together, we will continue to ensure that the voices of AGEM’s worldwide members are heard on important political, regulatory, problem gambling and other matters”.

Everi and the Seminole Tribe of Florida Launch Digital CashClub™ Wallet Solution at Seminole Hard Rock Hotel & Casino Hollywood and Seminole Classic Casino

LAS VEGAS, Dec. 21, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, in conjunction with the Seminole Tribe of Florida, today announced an agreement to launch the WildCard Wallet across casinos operated by Seminole Gaming. A digital wallet powered by Everi’s CashClub™ Wallet solution, WildCard Wallet is a mobile wallet solution that provides cashless, touchless funding of electronic game play throughout the casino floor. The Wildcard Wallet is currently live for funding electronic game play, as well as enabled for food and beverage and retail outlet purchases at Seminole Hard Rock Hotel & Casino Hollywood and Seminole Classic Casino. After the initial launch at the Seminole Hard Rock Hotel & Casino Hollywood and Seminole Classic Casino, a rollout to other Seminole gaming locations, including Seminole Hard Rock Hotel & Casino Tampa, will be fully completed in the first quarter 2021.

CashClub Wallet provides casino operators and their customers with a flexible, cost-effective, secure payment method on and off the casino floor. Creating a contactless environment that provides an alternative to cash, the CashClub Wallet application gives Seminole Hard Rock Hotel & Casino Hollywood and Seminole Classic Casino patrons the ability to deposit funds into their digital wallet at their convenience – while they are on site or away from the resort, via a bank card. Patrons can then access these funds for use directly at retail locations and at the game, enabling the casino to offer a fully cashless solution and manage their spend limits in support of responsible gaming.

“We are excited to collaborate with the Seminole Tribe of Florida and Hard Rock International for the launch of the WildCard Wallet digital payment option across Seminole gaming locations,” said Darren Simmons, EVP and FinTech Business Leader for Everi. “Powered by our industry-leading CashClub Wallet solution, the WildCard Wallet will provide gaming patrons at these casinos with a digital payment solution which fulfills our collective goal of enabling the casino’s guests a fully cashless, mobile experience.”

This best-in-class mobile wallet serves as the catalyst for Everi’s transformation of gaming patron funding of gaming experiences, either on-premise or online. Everi’s launch of the new CashClub Wallet is the first step in its efforts to provide omni-channel experiences across the casino floor and across the gaming sector.

“Our strong partnership with Everi for the announced launch of this innovative cashless funding solution will bolster the security and ease of funding transactions as well as the interoperability with other back office tools to support our operations, such as Anti-Money Laundering, Know Your Customer, and providing tax forms for casino winnings,” stated John Eder, Executive Vice President and Chief Financial Officer for Seminole Gaming and Hard Rock International. “The WildCard Wallet eliminates the need to handle cash at slot machines creating a frictionless experience for the customer and allows all patrons with flexible options to fund their gaming experience.”

Golden Nugget Celebrates Its #777th Game on the Seventh Anniversary of nj-casino.goldennuggetcasino.com with the Launch of a Unique Custom Game Designed By Everi

LAS VEGAS, Dec. 09, 2020 (GLOBE NEWSWIRE) -- Everi Digital, a division of Everi Holdings (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, in conjunction with Golden Nugget announced today that a custom game designed by Everi Digital has launched on nj-casino.goldennuggetcasino.com in celebration of the online casino’s seventh anniversary. It is the 777th game showcased for Golden Nugget’s players.

“Golden Nugget is one of the largest and most established online casinos in North America and has been a staple of the US online casino industry. They also host the largest online game library,” said David Lucchese, EVP of Sales, Marketing and Digital for Everi. “We are honored to have been selected to design a custom game for this industry leader as part of their seventh anniversary.”

Warren Steven, Senior Director, Golden Nugget Online Gaming said, “With the launch of the Golden Nugget Stepper branded game, Everi has been a committed partner and delivered an exceptional game for us to showcase. As we expand on our branded content, we continue to demonstrate the pledge of goldennuggetcasino.com to providing online casino patrons with the best and most diverse online gaming experience.”

Everi’s CashClub Wallet™ Launches at WinStar World Casino and Resort

LAS VEGAS, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Everi Holdings (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, in conjunction with WinStar World Casino and Resort, announced today that the initial launch of the WinStar Wallet will occur on December 3, 2020. A digital wallet powered by Everi’s CashClub Wallet™, the WinStar Wallet is a mobile solution that allows for the cashless and touchless funding of electronic game play throughout the casino floor. The WinStar Wallet will be available throughout WinStar’s resort for amenities, including all food and beverage and retail outlets, The Spa at WinStar, and WinStar Golf Club. WinStar World Casino and Resort features more games than any other casino in the world, with more than 8,500 electronic games and 100 table games.

CashClub Wallet provides casino operators and their customers with a flexible, cost-effective, secure payment method on the casino floor. Creating a contactless environment that provides an alternative to cash, the CashClub Wallet mobile application gives WinStar’s patrons the ability to deposit funds into their digital wallet at their convenience – while they are on site or away from the resort, via a bank card or directly from their checking account. Patrons can then access these funds for use directly at the game, enabling the casino to offer a fully touchless solution. At the conclusion of play, the patron can then move funds back into their digital wallet and either hold the funds in the wallet for future use or electronically send the funds out of their digital wallet and back into their bank account. Everi first introduced cashless technology in 2017 and made its digital initiative clear to the industry with the introduction of a cashless wagering feature called QuikTicket™. The flexible and multi-dimensional CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino or online across sports betting or social casinos, and manage their spending limits, helping to support responsible gaming.

“We are delighted to have such a great partner in WinStar World Casino and Resort to support the first launch of our CashClub Wallet cashless technology. This offering brings WinStar’s customers a new funding choice through a fully touchless, fully cashless, mobile experience. With our technology powering the WinStar Wallet, we are able to deliver new funding options while providing a seamless gaming experience for their patrons,” said Darren Simmons, EVP and FinTech Business Leader for Everi. “The CashClub Wallet provides gaming patrons with the same ability, comfort and convenience to load, retrieve and unload funds that they experience with other non-gaming digital wallet applications.”

“Creating a digital, cashless customer experience has been a focus of ours for some time and throughout our review of various solutions, it was clear Everi’s CashClub Wallet met all of our goals,” said Jack Parkinson, General Manager of WinStar World Casino and Resort. “WinStar Wallet will give our patrons a safe, secure and convenient way to game with us which further enhances their gaming experience.”

Everi Highlights Roadmap for Cashless Gaming Industry Leadership

LAS VEGAS, Aug. 12, 2020 (GLOBE NEWSWIRE) -- Reflecting the gaming industry’s increased focus on contactless and cashless solutions to facilitate player choice in funding options, Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a gaming industry leader for cash access player funding, highlights its current in-market solutions and its roadmap for near- and mid-term cashless product implementations. Everi’s cashless/contactless solutions, which include products that are already live in casinos and CashClub Wallet®, the Company’s fully cashless integrated mobile solution that is expected to be live in the first casinos in the fourth quarter of 2020, collectively demonstrate the Company’s positioning as an industry innovator and leader for both cash and cashless funding solutions to address the unique needs of the highly regulated gaming industry.

“For almost two decades, our cash access solutions have been at the forefront of innovative player funding technology across the gaming industry,” said Chief Executive Officer Michael Rumbolz. “In 2019, we facilitated more than 115 million transactions that delivered $30 billion of cash to casino floors and generated $165 million in revenue for Everi. We have a large base of casinos and other facilities using our fully integrated FinTech network today, as well as our portfolio of compliance services and loyalty products. We stand ready to leverage the strengths of our current product suite, already live on casino floors, with our deep development pipeline of products and services to enhance our status as provider of choice in the gaming industry well into the future. Our focused innovation and breadth of integrated capabilities enables us to provide casino patrons with a seamless transition to our cashless alternatives, positioning us to meet players’ and casino operators’ preferences, whether players want to select cash or a cashless funding solution.

“In the near-term, we expect players’ choice for funding on the casino floor will continue to favor existing cash access solutions, such as ATM withdrawals or cash advances. Going forward, and over time, adoption of cashless and contactless funding solutions will grow, allowing players the ability to move value across gaming and non-gaming venues within our customers’ land-based operations, but also into and out of a casino’s online and sports wagering offerings, and finally back to the patrons’ checking, credit and debit accounts. These bi-directional funding solutions are the hallmark of Everi’s CashClub Wallet ecosystem. Players will have the opportunity to transfer funds into and out of their wallet from the comfort of their own home before arriving at their favorite casino. This will create additional opportunities for new incremental transactions and provide tremendous value for patrons,” added Rumbolz. “By providing cashless options for players, we are creating new revenue opportunities for our customers and Everi. With our superior solutions for cash and cashless funding access, combined with our money transmitter capabilities and our integration with third-party, cashless wagering systems, we’re strategically positioned to provide seamless, cost-efficient back-of-the-house functionality to solve the unique regulatory needs of casino operators – creating a fully integrated, multi-jurisdictional, on premise and online, cashless financial- and loyalty-based ecosystem that will provide compelling value for both casino operators and players.”

everi cashless 2

Everi’s extensive, integrated FinTech and Loyalty product lines, including anti-money laundering (“AML”) and other compliance services necessary in the regulated gaming industry, provide unified and cost-efficient benefits on the casino floor - both front- and back-of-house - enabling card-based and mobile scenarios, while remaining agnostic to third-party integrations. This one-source, bi-directional functionality of the integrated CashClub Wallet makes it a convenient and cost-effective solution for casino and resort operators who desire 360-degree visibility and compatibility across their “On Premise and Online” player amenities. Everi’s integrated offering of cash and cashless options, together with their full suite of integrated products and services, provides operators with a seamless and low-cost transition for their patrons who switch from cash to cashless.

“Since the outbreak of COVID-19, the interest from our casino customers for cashless and contactless player funding technologies has greatly accelerated,” said Darren Simmons, Executive Vice President and FinTech Business Leader. “As players and casinos seek options that lessen interactions with casino employees and reduce handling of cash, we provide technology and solutions that are safer and support social distancing measures to protect players and employees. We have the opportunity now to reconcile the unique needs of the funding environment inside casinos with the quickly-evolving financial and payment environment outside the casino.”

“We’ve been innovating in this area for more than 15 years, including with our present-day self-service, cashless, gaming voucher platform,” added Simmons. “Everi is addressing casinos’ demand for immediate options today, while also developing the products that can establish a foundation to lead the industry in its embrace of true mobile cashless gaming technology in the future.”

Everi’s Cashless and Contactless Products

Each of the solutions highlighted below offer a convenient supplemental alternative to dispensing cash on the casino floor, while preserving value for operators and continuing to support a player’s choice of cash. Enabled by the Everi CashClub Wallet solution, players have for the first time the ability to move funding transactions bi-directionally: from gaming on the casino floor to a casino’s online offerings, such as sports betting and online gaming and back again, while also moving funds into the casino and depositing funds back into the wallet upon the conclusion of their casino experience. The hallmark of the Everi CashClub Wallet solution is its ability to move funds into, across and out of casinos without the need for handling of cash. This expanded capability provides seamless funds movement for the casino patron, while offering potential new transaction types to drive increased revenue for casino operators and Everi based on the flow of funds: whether to purchase a gaming voucher, fund a mobile wallet, or deposit funds back to the player’s bank account. Each solution helps lower operators’ costs by reducing cash handling, cashier cage lines, and kiosk maintenance expense by lowering the total load on the kiosk cash dispenser.

Product Highlights:

Digital CashClub Wallet® mobile app solution

  • Expected to be live by 2020 year-end
  • Enhances the guest experience by allowing players to access funds (cash or cashless) when they want, how they want and where they want
  • A white-label, integrated, cashless wallet app that consolidates payment options to one source
  • Secure PCI-certified, AML-integrated, multi-source payment processing engine: ATM, debit cards, credit cards, bank accounts, checks
  • Allows players to store multiple payment methods, easily move funds bi-directionally into and out of the casino, and manage their spend limits
  • Allows players to easily move funds both into and out of electronic gaming machines (“EGMs”) on the casino floor
  • Integrated with Everi’s loyalty solutions and with leading third-party casino gaming systems
  • Can be extended across casinos’ on-premise point-of-sale systems and online platforms (F&B, hotel, retail, sportsbook, online gaming and other offerings)
  • Seamlessly integrate front-of-house gaming transactions with back-of-house processes
  • Integrated with existing cash access platform for easy account creation for increased patron acceptance
  • Funds can remain on the wallet or be cashed out via an ATM/kiosk by tapping contactless technology or deposited back into the player’s bank account or credit card (via ACH or OCT)
  • If a player chooses, the Everi CashClub Wallet can also accept cash deposits and provide cash access from self-service devices
  • Additional regulatory approvals, and / or field trials, may be necessary in certain commercial jurisdictions

Everi Mobile Wallet with Gaming Voucher
  • Ready for implementation in the third quarter 2020
  • Extends the functionality of the QuikTicket® gaming voucher platform by allowing a white-label, core version of Everi’s CashClub Wallet mobile app to interface directly with a kiosk as the source of funds for the purchase of a gaming voucher
  • Players fund a casino-branded mobile wallet and use the mobile wallet to purchase a gaming voucher from a kiosk
  • Gaming vouchers dispensed from Everi kiosks can be used as virtual currency for gaming in the same way a traditional gaming voucher (Ticket In, Ticket Out) can be used among EGMs
  • At the end of play, players can insert gaming vouchers into a QuikTicket-enabled kiosk to transfer funds back to their mobile wallet, enabling bi-directional movement. From there, the player can elect to leave the funds in the mobile wallet for use at a later time or transfer the funds back to their bank account or credit card
  • Approved for use in almost all tribal and commercial jurisdictions

EVERI_cashless.jpg

Everi Digital Expands Relationship with Parx Casino, Delivering Additional Player-Preferred Slot Content for Online Real-Money Play in New Jersey

Company Builds on Success of December 2019 Launch with Parx Online in Pennsylvania

LAS VEGAS, Aug. 10, 2020 (GLOBE NEWSWIRE) -- Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, extended its online gaming partnership with Parx Casino® and its Parx Online™ online casino. Seven of Everi’s player-popular stepper titles -- Atomic Meltdown®, Double Ruby®, Red Alert®, Shamrock Spin™, Smokin’ 777®, Star Magic™ and Triple Threat® -- are now available to the Parx Online™ player community in New Jersey with additional titles expected to follow in the coming months.

“This expansion with Parx Casino® and Parx Online™ builds on the success of our December 2019 launch with their online casino in Pennsylvania. Their online player community in New Jersey can now enjoy the same highly entertaining and proven three-reel mechanical and video slot content,” said David Lucchese, Executive Vice President, Sales, Marketing, and Digital, for Everi. “With Parx Online™ live, Everi Digital is now offering its world-class content via its remote game server (RGS) to more than 13 online operators in New Jersey, with more properties expected to come online later this year.”

“Our ability to offer some of Everi’s most popular land-based stepper and video slots to our online players in both Pennsylvania and New Jersey aligns with our mission to provide the absolute best gaming and entertainment experience for our customers,” said Gil Bushkin, Head of Marketing, Interactive Gaming and Sports, at Parx Casino®. “The process of integrating with Everi’s RGS for our New Jersey launch was as seamless as it was in Pennsylvania. Everi’s RGS also provides data analytics and real-time reporting features, which expedites game performance data collection and drives our decision making,” added Tim Cogswell, Head of Product and Analytics, Interactive Gaming and Sports, at Parx Casino®.

Everi’s RGS currently supports a library of more than 30 titles, which the Company expects to further expand on an annual basis. Everi designed its proprietary RGS using state-of-the-art system architecture, enabling it to develop and distribute player-preferred content directly to operators. This content includes award-winning three-reel mechanical games and exciting video slots, all built to deliver the exact same look, game features, and math as their land-based counterparts, with the added ability to display games in landscape or portrait mode. Everi’s RGS also offers robust data analytics and real-time reporting and can support custom-built games for operators.

Everi Participates In Fantini’s Cashless Gaming Report

Fantini Research’s latest special report Contactless Gaming: Mobilizing the Money offers insights on the status of contactless gaming in the industry.

The expansion of cashless gaming regulations in Nevada could pave the way for the industry’s latest revolution.

Everi was one of the companies that shared products and insights with Fantini.

QuikTicket is a cash replacement that can be obtained at an Everi self-service kiosk to be used at machines:


QuikTicket

The Wallet allows players to store multiple payment methods and move funds in and out of their accounts:

Wallet

Everi Digital Launches High Performing Slot Content at Borgata Online Casino, BetMGM and Party Casino New Jersey

LAS VEGAS, Aug. 03, 2020 (GLOBE NEWSWIRE) -- Everi Digital, the online gaming division of Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products, financial technology and loyalty solutions, has partnered with ROAR Digital LLC, a joint venture created by MGM Resorts International (NYSE: MGM) and GVC Holdings Plc (LSE: GVC), to launch three of its long-time player popular three-reel mechanical titles on Borgata Online Casino, BetMGM, and Party Casino New Jersey.

Smokin' 777®, Meltdown®, and Double Ruby® are available for play now on these market leading brands for online real-money gaming in New Jersey. In addition, Everi Digital will launch Hot Spot 777®, an exclusive title for GVC Holdings Plc. in August 2020. Additional titles are expected to follow this initial launch.

“At Everi, we consider ROAR Digital to be a leading premiere operator, and this partnership is another significant milestone for our Digital business. It enables us to introduce our world-class gaming content to more online players and expands the footprint of our proprietary, state-of-the-art remote game server (RGS),” said David Lucchese, Executive Vice President, Sales, Marketing, and Digital, for Everi. “This move further strengthens the deep relationship with MGM Resorts International, GVC and ROAR that already exists with our Games, Digital and FinTech businesses.”

“We are excited about the opportunity to deliver some of the industry’s best performing land-based titles to our gaming titles for online play in New Jersey courtesy of Everi Digital,” said Matthew Sunderland, ROAR Digitals Vice President of Gaming. “Our integration with Everi’s RGS will enable us to seamlessly add Everi’s compelling gaming content to our online gaming platform, which in turn helps us bring new and exciting gaming experiences to our existing and growing customer base.”

Everi Digital Launches Its First Games in Canada with Lotoquebec.com via Scientific Games’ OpenGaming™ Ecosystem

LAS VEGAS (July 28, 2020) – Everi Digital, the online gaming division of 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, is now delivering its online gaming content to Lotoquebec.com via its proprietary Remote Game Server (RGS).

Everi partnered with Scientific Games’ (NASDAQ: SGMS) OpenGaming™ ecosystem to bring its premier land-based games to Quebec players online. This partner-operator collaboration launched with six of Everi’s player popular titles including Star Magic™, Vortex™, Tiger 7’s™, Double Jackpot™, Smokin 777™, and Meltdown™, all offered in both French and English with additional titles to follow the initial launch.

“Everi is delighted to extend our Games and FinTech partnership with Lotoquebec.com to bring our high-performing game content that dominates in land-based casinos and is a proven performer with our other leading online partner-operators to online players in Pennsylvania and New Jersey,” said David Lucchese, Executive Vice President of Sales, Marketing, and Digital for Everi. “This partnership demonstrates our continued Digital gaming expansion and reaffirms our commitment to leveraging our ultramodern RGS platform to provide our world class slot games to the growing community of online players in Quebec and beyond.”

“Everi’s diverse library of gaming content, from its award-winning stepper titles to its compelling video slots, augments our expanding lineup of entertaining online content which serves our players in Quebec,” said Charles Major, Senior Director, Products and Innovation, at Lotoquebec.com. “We believe the addition of Everi’s content will help us expand our audience and deepen engagement with our current community of online players. We are excited to debut Everi’s content and look forward to future Everi game releases that will further enhance our players’ entertainment experience.”

Dylan Slaney, SVP Casino and Platforms for Scientific Games, said: “We’re thrilled that OpenGaming™ has been instrumental in allowing Lotoquebec.com to enhance its games library with the addition of Everi’s premium content. Our OGS platform continues to lead the way in bringing dynamic iGaming content to players all over the world, and Lotoquebec.com’s customer base will love the new games that are available. Following the launch of Everi’s games in New Jersey and Canada, we’re looking forward to entering even more markets with them in the coming months.”

First Everi WAP jackpot to hit in Washington state

Las Vegas, Nevada  (June 19, 2020) – After reopening on May 28, a lucky player won big on Tuesday, June 16, when he hit a at $925,104.86 jackpot at Ilani Resort and Casino in Ridgefield, Washington while playing one of Everi Holdings Inc. (NYSE: EVRI) (“Everi”) newest WAP offerings The Mask™, on its wide-area progressive (“WAP”) link and Everi’s newest cabinet the Empire DCX™.

“We are excited that our new products are being positively received by both our casino partners and their players, and are delighted  to pay another player a life changing jackpot on one of our games,” said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi.

ilani’s President and General Manager, Kara Fox-LaRose continued, “Here at ilani our desire is to free the spirit by celebrating the moments that fill life with memorable and lasting experiences and we are thrilled to celebrate this incredible experience with our latest winner.”

Everi first installed it’s WAP link designed exclusively for Class II Bingo live in Washington state March 11, 2020. The WAP link currently connects more than 810 original and premium licensed games in multiple juristictions and has paid out 30 jackpots totaling nearly $11,000,000 million to date.

About Everi
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

ABOUT ILANI:
Located on a 156-acre site in Ridgefield, Washington, ilani, developed by the Cowlitz Tribe and Salishan-Mohegan, a partnership that includes Mohegan Sun, one of the world’s foremost gaming and entertainment developers and operators, is the West Coast’s premier gaming, dining, entertainment and meeting destination. With nearly 400,000 total square feet, ilani includes 100,000 square feet of gaming space with 2,500 slots and 75 gaming tables; 15 different restaurants, bars and retail outlets; and a 2,500-seat meeting and entertainment venue hosting nationally recognized performances. For more information, visit ilaniresort.com and follow ilani on FacebookTwitter, and Instagram.

To learn more about gaming  at Ilani Resort and Casino, visit  www.ilaniresort.com

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc
LinkedIn:  https://www.linkedin.com/company/everi
Facebook:  https://www.facebook.com/EveriHoldingsInc/
Instagram:  https://www.instagram.com/everi_inc

Legal Notice
Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries

THE MASK and all related characters and elements © & ™ New Line Productions, Inc. (s20)

 

Contacts:
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations(702) 676-9513 or william.pfund@everi.com 

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com 

Media Relations
Dona Cassese
VP, Marketing
(702) 556-7133 or  Dona.cassese@everi.com

# # #

Ocean Casino Resort Integrates with Everi Interactive Remote Game Server to Deliver High Performing Games to Online Player Community

LAS VEGAS (May 13, 2020) – Everi Interactive, a division of 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 it is now delivering its online gaming content to OceanOnlineCasino.com, part of Ocean Casino Resort in Atlantic City, for real-money online gaming in New Jersey. The partner-operator launched with three of Everi’s player popular titles – Atomic Meltdown®, Star Magic®, and Triple Threat® – with additional titles releasing over the next several weeks on the site. With direct access to Everi’s 22 approved titles for real-money gaming in New Jersey, Ocean can now offer its online players some of the industry’s highest performing land-based three-reel mechanical and video titles including Double Jackpot®, Meltdown®, and Smokin’ 777®.

 

ABOUT EVERI
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.  

ABOUT OCEAN CASINO RESORT:
Voted Best Casino, Hotel Rooms and Best Comps! The Ocean Casino Resort spans 20 beachfront acres on the world-famous Atlantic City Boardwalk located in North Beach. As the tallest building in Atlantic City, the tower encompasses 1,399 guest rooms and suites with unparalleled views. Ocean’s high-energy casino features live entertainment, ocean views, nearly 2,000 of the most exciting slot machines, 125 action-packed table games and the finest sportsbook on the East Coast in partnership with William Hill. Ocean Casino Resort offers an industry-leading loyalty program, Ocean Rewards Club, that provides members with valuable incentives, benefits and WOW rewards. With more than 20 restaurants, Ocean Casino Resort offers world-class dining including American Cut, Amada and Dolce Mare. Best in class amenities such as Exhale Spa + Bathhouse, 3 pools, HQ2 Nightclub, HQ2 Beachclub, Topgolf Swing Suite, shopping and more provide guests with boundless entertainment options. Additionally, Ocean Casino Resort has 160,000 square feet of flexible, indoor meeting and convention space and 90,000 square feet of unique outdoor spaces. Ocean Casino Resort is owned and operated by AC Ocean Walk, L.L.C.

 

 

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc
LinkedIn:  https://www.linkedin.com/company/everi
Facebook:  https://www.facebook.com/EveriHoldingsInc/
Instagram:  https://www.instagram.com/everi_inc

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com 

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com 

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579 or lee.higgins@everi.com

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.

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 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.

Contacts: 

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com

Source: Everi Holdings Inc.

Everi Announces Successful Completion of $125 Million Incremental Term Loan and Certain Amendments to Its Senior Secured Credit Agreement

LAS VEGAS, April 21, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of gaming products and financial technology and loyalty solutions in the gaming industry, today announced that the Company successfully completed its new First Lien Term Loan (“Incremental Financing”) in the amount of $125 million. The Incremental Financing has a maturity concurrent with the May 2024 maturity date under its existing Senior Secured Credit Facility (“Existing Credit Agreement”) and an interest rate of LIBOR plus 1050 basis points with a 1% LIBOR floor. The net proceeds are intended to provide additional liquidity and financial flexibility to better position Everi to withstand the challenging conditions resulting from the novel COVID-19 pandemic and strengthen its operations as industry conditions improve.

In addition to this Incremental Financing, the Company also amended its Existing Credit Agreement to provide for changes to certain covenant provisions, including, but not limited to: eliminating the financial maintenance covenant related to senior secured leverage for each of the remaining quarters in 2020; modifying the compliance threshold in each of the quarters thereafter; and changes that limit the Company’s ability to make certain restricted payments and designate unrestricted subsidiaries (the “Amendment”). 

After fees, discounts and expenses from the Incremental Financing and the Amendment, the Company received approximately $118 million in net proceeds. Prior to the closing of the Incremental Financing, the Company had a total principal balance outstanding of approximately $1.06 billion comprised of $735.5 million on the Company’s existing First Lien Term Loan due in 2024, $35.0 million on its Revolving Credit Facility due in 2022 and $285.4 million of its 7.50% Senior Unsecured Notes due in 2025. 

“With our revenue and the associated workload essentially having been reduced to near zero and our limited clarity as to the various timelines when our customers may restart their operations, we have taken prudent actions to position our Company to withstand this period of minimal or reduced gaming industry activity,” said Michael Rumbolz, Chief Executive Officer. “We believe this incremental financing provides Everi with the flexibility to withstand this current disruption and ensure that as activity resumes we are positioned to support our customers as they reopen for business, bring our employees back to work, and regain the operating and financial momentum we consistently demonstrated prior to the COVID-19 outbreak.”

“Our continued hope is that the steps undertaken to contain the novel COVID?19 virus will prevail and that our economy and way of life can get back to normal as quickly as possible,” added Rumbolz.

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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

Cautionary Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” as defined 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 financial 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 effort 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 differ 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 difficult to predict and many of which are beyond our control. Our actual results and financial condition may differ materially from those indicated in forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, without limitation, the impact of the ongoing COVID-19 global pandemic on our business, operations and financial condition, our history of net losses and our ability to generate profits in the future; our substantial leverage and the related covenants that restrict our operations; our ability to generate sufficient 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 offerings; 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 difficulties that we may face; competitive pressures in the gaming and financial technology sectors; the impact of changes to tax laws; uncertainty of litigation outcomes; interest rate fluctuations; unanticipated expenses or capital needs and those other risks and uncertainties discussed in our most recent Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission on March 2, 2020 and our Form 8-K filed 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 forward-looking 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 filings with the SEC. Understanding the information contained in these filings is important in order to fully understand our reported financial results and our business outlook for future periods.

Contacts:
Investor Relations

Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com

Everi Interactive Continues to Expand Community of Partner-Operators with Launch of Gaming Content on PalaCasino.com

LAS VEGAS (April 15, 2020) – 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 PalaCasino.com, the online casino owned and operated by Pala Interactive, has launched three of Everi’s player-favorite slots – Atomic Meltdown®, Double Jackpot®, and Triple Threat® – for real-money online gaming in New Jersey. An additional 19 already approved titles in New Jersey are expected to follow the initial launch including Red Alert®, Star Magic®, and Zoltar Speaks®, among others. This launch comes on the heels of delivery of exclusive gaming content to Parx Online, part of Parx Casino in Pennsylvania in January 2020, and prior to that GoldenNuggetCasino.com in New Jersey in November 2019, all via Everi’s remote game server (RGS).

About Everi
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.  

About Pala Interactive LLC
Found in 2013, Pala Interactive anticipated the growth of online gaming opportunities in the United States and now provides its proprietary Online Gaming Platform for real money and social gaming.

Today Pala Interactive offer their Online Gaming Platform, consisting of proprietary technology and services, including player account management platform, online casino products, gaming content, relevant marketing and technology integrations.
Visit www.palainteractive.com for more information.

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc
LinkedIn:  https://www.linkedin.com/company/everi
Facebook:  https://www.facebook.com/EveriHoldingsInc/
Instagram:  https://www.instagram.com/everi_inc

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com 

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com 

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579 or lee.higgins@everi.com

Everi Holdings Announces New Executive Leadership Roles to Support Further Growth

Randy Taylor Promoted to President and Chief Operating Officer

Mark Labay Appointed Executive Vice President and Chief Financial Officer

David Lucchese Named Executive Vice President, Sales, Marketing and Digital, Following Retirement of Edward Peters

CEO Michael Rumbolz Extends Employment Term Through March 2022

LAS VEGAS, March 09, 2020 (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 Randy L. Taylor has been promoted to the newly created position of President and Chief Operating Officer and Mark F. Labay has been appointed to succeed Mr. Taylor as Executive Vice President, Chief Financial Officer and Treasurer. In addition, David J. Lucchese will assume the role of Executive Vice President, Sales, Marketing and Digital, succeeding Edward A. Peters who informed the Company of his plans to retire following a distinguished 37-year professional career. The appointments are effective as of April 1, 2020.

The Company also announced that the Company’s Board of Directors has extended Mr. Rumbolz’ employment agreement as Chief Executive Officer for an additional 14 months through March 31, 2022. In conjunction with the announced executive leadership changes, Mr. Rumbolz will shift his primary focus towards Everi’s long-term strategic growth initiatives, including support for the Company’s ongoing growth plans, its organizational development, corporate culture and technological innovation.

“These changes to the executive management team fortify our leadership capabilities and are the result of our organizational development and succession planning initiatives,” said E. Miles Kilburn, Chairman of the Board of Everi. “The appointments recognize the significant contributions Randy, Mark and Dave have made to Everi’s success, their broad expertise, and their ability to successfully execute on new opportunities and to resolve challenges effectively and efficiently. Under Mike’s leadership, Everi has distinguished itself in recent years with its success and strong operating performance, while creating and fostering a culture that emphasizes innovation and collaboration, elements that have become an integral foundation of our growth. These leadership changes will help facilitate our ongoing performance momentum and success in delivering future profitable growth.”

As President and Chief Operating Officer, Mr. Taylor will assume primary oversight of the Company’s day-to-day execution of ongoing operational performance targets and the Company’s efforts to drive continuous improvement across its operations. Mr. Taylor will help guide the enterprise-wide execution of Everi’s growth-focused strategies and will further foster success-oriented accountability across the Company. He most recently served as the Company’s Executive Vice President and Chief Financial Officer since March 2014, and previously served as Senior Vice President, Corporate Controller. Prior to joining Everi in 2011, Mr. Taylor served as Chief Financial Officer and Principal Financial Accounting Officer of Citadel Broadcasting Corporation, having advanced through various finance and accounting roles during a 10-year tenure at Citadel. Previous responsibilities also included significant casino gaming and supplier experience, having served at Aladdin Gaming, LLC, Showboat, Inc., and Bally Technologies, Inc. Mr. Taylor holds a Bachelor of Science in Accounting degree from the University of Denver.

“Randy has been instrumental in driving Everi’s success and positioning it for continued growth,” said Mr. Rumbolz. “He has had direct oversight of many areas of the business where we’ve achieved significant success. These include the improvements in our balance sheet during the last several years, the implementation of prudent investment strategies, including the disciplined allocation of capital to expand and improve our Games and FinTech product portfolio that has driven consistent profitable growth, and overseen several accretive acquisitions. His experience and attention to detail will help to further improve our day-to-day focus and financial performance.”

Mr. Labay has been with Everi for more than 17 years, most recently serving under Mr. Taylor as Senior Vice President, Finance and Investor Relations since April 2014. As Chief Financial Officer, Mr. Labay will be responsible for the Company’s financial, accounting, treasury, and investor relations functions, and will implement financial strategies that support Everi’s growth initiatives. During his time at Everi, he has progressed through a number of the Company’s finance, accounting, operational and strategic development functions, and has served as Senior Vice President and General Manager Core Cash Access Services and Senior Vice President Finance and Controller. Prior to joining Everi, Mr. Labay was Controller of El Portal Group and had been with Deloitte & Touche. He holds a Masters Degree in Accounting from the University of Florida.

“Over the last six years, Mark has worked closely with Randy on the development and implementation of initiatives that have helped drive profitable growth and improve our financial foundation and flexibility. He has led the process of identifying and completing several accretive, strategic transactions that have improved the competitive position and financial performance of our FinTech business. Mark’s financial and operational experience will continue to benefit the Company as he moves into his new position,” said Mr. Rumbolz.

In his new role, Mr. Lucchese will be responsible for Everi’s global sales and customer-experience efforts, as well as continuing to guide the growth of the Company’s Digital operations. Mr. Lucchese has extensive experience in the gaming industry and has held several executive leadership roles at Everi since joining the Company in April 2010. Most recently, he has served since January 2017 as Executive Vice President, Digital and Interactive Business Leader, while retaining oversight for the relationship of strategic corporate accounts in the FinTech business. He also served as Executive Vice President, Games and as Executive Vice President of Client Services. Mr. Lucchese’s first role at Everi was Executive Vice President of Sales, a role he held for nearly four years. Before joining the Company, he served for nearly 25 years in sales positions at Bally Technologies, Inc., Aristocrat Technologies, Inc., and Casino Data Systems. He holds a Bachelor of Science degree in Marketing and Management from Indiana University.

“In addition to leading our successful efforts to launch and grow our digital and Interactive business, Dave has continued to lead all aspects of many of our larger strategic accounts. By aligning responsibility for all our customer touchpoints under Dave, we expect to continue the momentum we have in place to better serve customers, strengthen our competitive position in the marketplace and enhance our long-term profitability,” said Rumbolz.

“Finally, on behalf of the entire Everi team, we wish Ed Peters the very best in his well-deserved retirement,” said Mr. Rumbolz. “Ed has had an extraordinarily successful career and during his five years at Everi, he built and led a team that has dramatically grown sales of both Games and FinTech products and services. He leaves behind a strong team dedicated to helping our customers achieve even greater success. We are pleased that Ed has agreed to a transitional position through May 2021 to affect a smooth hand-off with our customers. I am excited to work with Randy, Mark and Dave in their new roles and look forward to the year ahead as we continue to deliver increased value for all our stakeholders.”

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 financial products and services, player loyalty tools and applications, intelligence and regulatory compliance solutions. Everi’s mission is to provide casino operators with games that facilitate memorable player experiences, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.

Investor Relations Contacts

Everi Holdings Inc. JCIR
William Pfund Richard Land, James Leahy
VP, Investor Relations 212-835-8500 or evri@jcir.com
702-676-9513 or william.pfund@everi.com   

Everi Wins in Three Categories at Second Annual EKG Slot Awards Show

LAS VEGAS, March 04, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of gaming products and financial technology and loyalty solutions in the gaming industry, won in three distinct categories at the Second Annual EKG Slot Awards on Feb. 27, 2020, at The Cosmopolitan in Las Vegas. Everi won “Top Performing New Mechanical Reel Core Game” category for Cash Machine®; “Top Performing Third Party IP Branded Game” category for Discovery Channel’s Shark Week® Jaws of Steel™; and “Most Improved Supplier – Premium” category.

The event is presented by Eilers & Krejcik Gaming, LLC, and designed to recognize excellence in slot machine game development in the casino gaming industry. Winners are determined through a data driven process combined with a distinguished advisory board.

“This acknowledgment coupled with the gold medal for Best Slot Product we received from Global Gaming Business in October 2019 is a testament to our commitment to delivering great products,” said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi. “We are honored with this recognition by our customers as it reflects our teams’ hard work and dedication to our mission of providing meaningful value-added products to the casino floor.”

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Honored to have won in three categories at Second Annual EKG Slot Awards – Top Performing New Mechanical Reel Core Game, Top Performing Third Party IP Branded Game, and Most Improved Supplier. http://bit.ly/2WgY5Ns. @EilersKrejcik #EKGSlotAwards #letsgo

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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc
LinkedIn:  https://www.linkedin.com/company/everi
Facebook:  https://www.facebook.com/EveriHoldingsInc/
Instagram:  https://www.instagram.com/everi_inc

Legal Notice
©2019 TM Discovery Communications, LLC. Shark Week and related logos are trademarks of Discovery Communications, LLC. Used under license. All rights reserved.

Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries.

Contacts:

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579 or lee.higgins@everi.com

Everi Holdings to Participate in Five Upcoming Investor Conferences

LAS VEGAS, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) announced today that Randy Taylor, Executive Vice President and Chief Financial Officer, and William Pfund, Vice President, Investor Relations, will participate in five upcoming institutional investor conferences:

  • Raymond James 40th Annual Institutional Investor Conference on March 4, 2020 at the JW Marriott Orlando Grande Lakes in Orlando, FL. Mr. Taylor will make a company presentation at the conference. Mr. Taylor and Mr. Pfund, will also conduct individual and group meetings with institutional investors throughout the day.
     
  • J.P. Morgan Gaming, Lodging, Restaurant & Leisure Management Access Forum on Thursday, March 12 and Friday, March 13, 2020 at Encore, Wynn Las Vegas in Las Vegas, NV. Mr. Pfund will conduct individual and group meetings with institutional investors on both days.
     
  • ROTH Capital Partners 32nd Annual ROTH Conference on Monday, March 16, 2020 at The Ritz-Carlton, Laguna Niguel in Dana Point, CA. Mr. Taylor will conduct individual and group meetings with institutional investors throughout the day.
     
  • Macquarie Consumer Bright Ideas Conference on Tuesday, March 17, 2020 at Macquarie’s offices in New York City. Mr. Pfund will conduct individual and group meetings with institutional investors throughout the day.
     
  • BofA Securities 2020 March Gaming Roundtable on Thursday, March 19, 2020 at ARIA Resort & Casino in Las Vegas, NV. Mr. Taylor and Mr. Pfund will host a company presentation.

About Everi Holdings
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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, deliver self-service equipment, and software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.

Contacts:
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
702-676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
212-835-8500 or evri@jcir.com

EVERI Logo.png

Source: Everi Holdings Inc.

Everi Introduces New Empire DCX™ and Empire Flex™ Cabinets and Next Iteration of Award-Winning TournEvent® Platform

LAS VEGAS, Feb. 19, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier provider of gaming products, financial technology, and loyalty solutions in the gaming industry, announced today that three leading tribal casino properties are the first to deploy the Company’s latest gaming hardware platforms and entertainment experiences. The all-new Empire Flex™ cabinet featuring BEAST™ recently debuted at Coushatta Casino Resort in Kinder, La., the new Empire DCX™ cabinet featuring The Mask™ themed slot game debuted at Pechanga Resort Casino in Temecula, Calif., and the TournEvent Now™ sit-and-go feature is now installed at Pala Casino in Pala, Calif.

“These first-to-market installations represent a significant milestone for Everi and reflect our commitment to creating innovative hardware platforms on a consistent basis as set forth in our development roadmap,” said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi. “These recent deployments also align with our commitment at the Global Gaming Expo in October 2019 to have our products commercially available no later than the summer of 2020. We believe these newest offerings are a clear embodiment of our team’s talent for creating products that deliver elevated gaming experiences for players while providing our customers with an attractive return on their investment.”

BEAST on Empire Flex
The Empire Flex cabinet, a new for-sale form factor with industry-unique lighting architecture, showcases a 49-inch flexed display with eye-popping 4K content, flexible integrated light bars, and a larger enhanced glass button deck. BEAST brings majestic and ferocious beasts to life and provides players 1,024 different ways to win with immersive 4K visual engagement and innovative horizontal expanding reels.

The Mask™ on Empire DCX
The Empire DCX premium video cabinet features dual-curved 43-inch monitors with integrated edge lighting, a 4K display that provides a captivating player experience, enhanced game-controlled lighting, and premium 4.1 surround sound. Players at Pechanga will experience an all-new slot game based on New Line Cinema’s 1994 hit comedy The Mask, which follows the misadventures of bank clerk Stanley Ipkiss, who is transformed into a manic hero when he wears a mysterious mask.

TournEvent Now
Simplicity and flexibility are at the heart of Everi’s TournEvent Now sit-and-go feature, an upgrade for existing Core HDX® TournEvent® banks and part of the next iteration of the industry-leading slot tournament system. This all-new feature offers operators a significantly easier approach to managing round one qualifying events, in which players can compete at their own pace and on their own time, effectively moving themselves through the first round of tournaments without the need for casino staff or formal events.

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Everi Introduces New Empire DCX and Empire Flex Cabinets and Next Iteration of Award-Winning TournEvent Platform. http://bit.ly/2WgY5Ns. @CoushattaResort @PechangaCasino @PalaCasino #letsgo #everipowers

Everi to Impress at ICE London with Powerful Lineup of Financial Technology, Loyalty, and Interactive Products

LAS VEGAS (Jan. 28, 2020) – Everi Holdings Inc. (“Everi” or the “Company”), a premier provider of gaming products and financial technology and loyalty solutions in the gaming industry, will showcase its deep portfolio of industry-leading financial technology solutions and growing interactive gaming capabilities at ICE® London, Feb. 4-6, 2020, in stand N1-260 in the north hall at the ExCeL London. At the show, operators will experience hands-on demonstrations of Everi’s innovative financial technology and interactive solutions and learn how these products elevate casino guests’ experience both on and off property.

“We are excited to return to ICE London this year to demonstrate for operators our forward-thinking financial technology and loyalty products that provide more freedom and convenience for their guests, leading to an unmatched casino experience while also helping them to operate more efficiently,” said Darren Simmons, Executive Vice President and FinTech Business Leader, at Everi. “We are also excited to engage with operators to show how our unrelenting commitment to transform player loyalty has translated into unique solutions that offer returns on their investment in our technology. In addition, ICE London provides an excellent showcase for us to demonstrate how our interactive capabilities continue to evolve to provide consistently higher levels of online gaming entertainment.”

Financial Technology and Loyalty Solutions

Everi will demonstrate a strong array of financial technology solutions and its award-winning loyalty products including:

  • Figur™ – the space efficient, feature-rich touchscreen kiosk provides guests with a simple, secure interface with a self-imposed limit feature to complete their cash advance transactions efficiently and responsibly. 
  • CasinoDirect™ – the latest version of Everi’s cloud-based cash desk software platform is General Data Protection Regulation (GDPR) compliant and arms cashiers with a single, easy-to-use dashboard that streamlines the retrieval of cash advance transactions.
  • CasinoDirect Concierge – a personalized mobile cash access service for VIPs and table game players that allows for transactions to take place in a convenient and private setting.
  • Enrollment Kiosk – a self-service kiosk that replaces the player loyalty enrollment desk, driving new player signups and printing new and replacement cards.
  • Promotional Kiosk – an intuitive self-service solution that unifies all loyalty program guest service functions including account lookups, comp redemptions, casino maps, and interactive property information.

Interactive Gaming Products

Since launching its proprietary remote game-server (“RGS”) in 2018, Everi has released more than 30 games online, all developed to offer the exact same look, game features, and math as their land-based counterparts. Leveraging the power of Everi’s library of award-winning mechanical reel and video slots extends the Company’s player reach while simultaneously expanding its online real-money footprint. At ICE London, the Company will showcase its state-of the-art RGS, its growing online library, and the platform’s unique feature that enables players to play games in landscape or portrait mode.

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Everi to Impress at @ICE_London with Powerful Lineup of Financial Technology, Loyalty, and Interactive Products. https://bit.ly/2Jy8ZHr. #letsgo #fintech #loyalty

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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make its customers even more successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

Join Everi on Social Media

Twitter:  https://twitter.com/everi_inc   

LinkedIn:  https://www.linkedin.com/company/everi  

Facebook:  https://www.facebook.com/EveriHoldingsInc/  

Instagram:  https://www.instagram.com/everi_inc  

Product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “Ice London”, which is a registered trademark of Clarion Events Limited, and “Figur”, which is a trademark of PCF Print Management Ltd.

Everi to Provide New York Lottery With Video Lottery Gaming Central System Through 2029

LAS VEGAS, Jan. 14, 2020 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or “the Company”) announced today that it has extended its relationship with the New York Lottery for 10 additional years, pursuant to a new agreement to provide the New York Lottery with the video lottery central system through September 2029. Everi’s central system currently monitors and administers more than 17,000 Video Lottery Terminals (“VLTs”) installed at nine facilities across New York State. The Company will continue to earn a fixed percentage of the net revenue generated by the installed VLTs.

Robert Williams, Executive Director of the New York State Gaming Commission, said, “During the nearly 16 years that video lottery gaming has operated at racetracks across the State, the Commission has offered innovative gaming entertainment to players, which has provided a consistent source of funding for education in New York and distributed more than $250 billion in prizes. Through the management of their central system, Everi has been a contributor to that success as a valued technological partner. We are looking forward to continuing our collaboration with the company for the next 10 years.”

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “We are honored to be selected by New York State to continue to support the success of their video lottery gaming enterprise. With more than 150 billion individual player transactions made since beginning the operation of the central system for video lottery gaming across racetracks in the State nearly 16 years ago, we remain committed to providing a state-of-the-art system that helps make management of the New York VLTs seamless and secure. We are pleased the New York Lottery has once again made Everi their choice to help them achieve ongoing success from these operations during the next decade.”

“Securing this contract extension with the State of New York would not have been possible without the significant contributions of a number of organizations within Everi throughout the competitive bid process,” said Keith Riggs, Senior Vice President, Engineering, at Everi. “We are proud to have been awarded the contract and to have the opportunity to continue to put forth a trusted and reliable platform that serves as an important source of revenue for New York State. We believe this win is a testament to our innovative video lottery gaming central system.”

Everi Launches Exclusive Gaming Content with Parx Casino for Online Real-Money Play in Pennsylvania

Company Partners with Premier Land-Based and Online Casino to Offer Distinct Stepper and Video Games to Online Player Community

LAS VEGAS, Jan. 07, 2020 (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 Parx Online™, the online casino from Parx Casino®, has launched five of the Company’s player popular stepper titles – including Double Jackpot®, Meltdown®, Smokin’ 777®, Tiger 7s®, and Vortex® – for real-money online gaming in Pennsylvania. Parx Online™ plans to introduce additional titles following the initial launch, including exclusive games such as Star Magic™ and Sapphire Spin™. 

“We are excited to have Parx Online™ fully integrated with our remote game server (RGS), enabling us to directly deliver some of our highest performing land-based three-reel mechanical and video titles to their online player community,” said David Lucchese, Executive Vice President, Digital and Interactive Business Leader, of Everi. “The addition of one of the premier online and land-based casinos in Pennsylvania to our RGS speaks to the power of our state-of-the art platform and our deep library of high performing slot games.”

“Our aim is to offer guests throughout the region the absolute best gaming and entertainment experience,” said Matthew Cullen, Senior Vice President, Interactive Gaming and Sports, at Parx Casino®. “Access to Everi’s library of compelling gaming content, in particular their player favorite stepper titles, aligns with our mission as it allows us to further enhance the entertainment experience for our online players, which we believe will expand our customer base.”

Everi’s RGS currently supports a library of more than 30 titles, which the Company expects to continue to expand on an annual basis. Everi designed its proprietary RGS using state-of-the-art system architecture enabling the Company to develop and distribute player-preferred content directly to operators. This content includes award-winning three-reel mechanical games and exciting video slots, all built to deliver the exact same look, game features, and math as their land-based counterparts with the added player feature to play games in landscape or portrait mode. Everi’s RGS offers robust data analytics and real-time reporting and can support custom-built games for operators.

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Everi Launches Exclusive Gaming Content with @parxcasino for Online Real-Money Play in Pennsylvania. Company to Offer Distinct Stepper and Video Games to Online Player Community. http://bit.ly/2WgY5Ns. @parxonline #letsgo #everipowers

About Everi
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

About Parx Casino
Parx Casino® is owned and operated by Greenwood Racing, Inc. and is the #1 revenue generating casino property in Pennsylvania. Parx Casino® is conveniently located 20 minutes north of center city Philadelphia, I-95 exit 37 or PA Turnpike exit 351 (westbound), exit 352 (eastbound) on Street Road in Bensalem Bucks County. Parx features over 200,000 square feet of gaming; 3,270 slot machines and 124 live table games; 48 poker tables in custom built private room; live racing & simulcast action; Xcite Center, 1,500 seat live entertainment venue, Liberty Bell Gastropub, farm-to-fork inspired menu; Oliveto, New York City style pizza and Italian Classics; Parx Grill, an upscale signature restaurant; Foodies quick service dining; Chickie's & Pete's Crab House and SportsBar; Jax sports bar; Circle Bar; Bambu Noodle House; The Lucky Cheese ~ gourmet grilled cheese eatery; XLounge, luxury casino lounge and complimentary parking for over 5,000 cars. In 2019, Parx Casino® launched sports betting with a $10M world-class sportsbook. Also in 2019, Parx launched online gaming and online sports betting. For more information on Parx Casino®, visit www.parxcasino.com.

Join Everi on Social Media
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LinkedIn:  https://www.linkedin.com/company/everi
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Legal Notice
Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries except for “Parx Casino”, which is a registered trademark of Greenwood Racing Inc.

Contacts:

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com 

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com 

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579 or lee.higgins@everi.com

 

Everi Acquires Strategic Assets From Provider of Casino Loyalty and Marketing Technology, Micro Gaming Technologies

  • 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 addition to Everi’s portfolio of FinTech products and services. The acquisition also provides Everi with a portfolio of customer locations where MGT’s solutions are currently installed, including at properties of many key Everi customers.

Under the terms of the transaction, Everi acquired certain assets of MGT for an initial payment at the time of closing of $15 million, with a further $5 million to be paid April 1, 2020 and $5 million on December 24, 2021.  Everi expects to fund the acquisition from existing cash on hand and future cash flow.

Darren Simmons, Everi’s Executive Vice President and FinTech Business Leader, said, “The acquisition of the MGT assets will further strengthen our ability to provide our customers with a one-stop shop of comprehensive, integrated solutions that enable a seamless, convenient experience for casino patrons while delivering operational efficiencies for casino operators. By combining our existing Everi player loyalty and marketing solutions with these assets from MGT, we will be better positioned to offer our customers the industry’s most extensive suite of loyalty and marketing technology. We have already begun the process of developing a roadmap for integrating the best functionality of MGT’s platform with the best of our existing loyalty and FinTech suite of products and services with an eye towards further strengthening our overall solution set.

“We see a significant opportunity for growth in the player loyalty market and the planned acquisition of the MGT assets represents a significant step forward in our goal to establish loyalty and marketing-based services as a meaningful growth driver for our business.  In addition, combining the product capabilities of MGT’s solutions with our innovative existing and planned FinTech digital products will help accelerate the development and commercialization of our ‘Digital Neighborhood.’ We are extremely focused on driving our vision of providing seamless, integrated, real-time, self-service connections that offer our casino customers the ability to aggregate a guest’s interactions providing for a 360-degree view of their spending patterns within the casino enterprise.”  

Forward-Looking Statements
The forward-looking statements in this press release are subject to a variety of risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our periodic reports filed with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2018, and are based on information available to us on the date hereof.

These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements, including the acquisition of certain assets discussed herein and any expected benefits from those assets and combining said assets with Everi’s existing business, speaks only as of the date, today December 30, 2019, on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

About Everi Holdings
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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.  

Contacts:
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
702-676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
212-835-8500 or evri@jcir.com 

Everi Announces Successful Completion of Term Loan Repricing

LAS VEGAS, Dec. 12, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, nancial 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 oor 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 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 customers successful. For more information, please visit www.everi.com, which is updated regularly with nancial and other information about the Company.

Contacts

Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
702-676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
212-835-8500 or evri@jcir.com

Source: Everi Holdings Inc.

Everi Announces the Completion of its Common Stock Offering

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 the Company’s existing term loan facility and/or the redemption and/or repurchase of a portion of its outstanding 7.50% Senior Unsecured Notes due 2025. Pending the deployment of the net proceeds for such refinancing transactions, the Company may invest the net proceeds in short-term, interest-bearing, investment-grade securities.

Jefferies and Stifel acted as joint book-running managers, Craig-Hallum Capital Group and Raymond James acted as joint lead managers, and SunTrust Robinson Humphrey acted as co-manager for the Offering.

This Offering was made pursuant to an effective shelf registration statement and prospectus and a related preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission (“SEC”). This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A preliminary prospectus supplement relating to, and describing the terms of, the Offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.

Copies of the preliminary prospectus supplement and related prospectus for this Offering can be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022, or by email: Prospectus_Department@Jefferies.com, or by telephone: 1 (877) 821-7388; and from Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One South Street, 17th Floor, Baltimore, Maryland 21202, or by telephone: 1 (855) 300-7136, or by email: Syndprospectus@stifel.com.

Forward-Looking Statements

The forward-looking statements in this press release are subject to a variety of risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our periodic reports filed with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2018, and are based on information available to us on the date hereof.

These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements, including the use of proceeds from the Offering, contained herein speaks only as of the date, today December 10, 2019, on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful.     

Contacts
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
702-676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
212-835-8500 or evri@jcir.com

Everi Delivering World Class Exclusive Gaming Content to Golden Nugget for Online Real-Money Gaming in New Jersey

11/19/2019 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 nancial 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 signicant milestone for our Interactive division as it positions us to accelerate the growth of this business by delivering world class gaming content directly to licensed online real-money gaming operators in New Jersey,” said David Lucchese, Executive Vice President, Digital and Interactive Business Leader, of Everi. “We are excited to partner with one of the most successful online casino operators in the U.S. and deliver to the GoldenNuggetCasino.com player community our deep library of compelling titles that continue to perform well in land-based casinos.”

“Everi’s land-based stepper titles and entertaining video slot games represent a unique content prole that we know will resonate well with our online players,” said Thomas Winter, Senior Vice President and General Manager, Online Gaming, at Golden Nugget. “Current Everi titles such as Black Diamond® have been performing extremely well and we are excited to integrate directly with their RGS to provide us access to even more of their high-quality gaming content.”

Everi’s RGS currently supports a library of 30 titles and is expected to exceed 50 titles by year-end. Everi designed its proprietary RGS using state-of-the-art system architecture enabling the Company to develop and distribute compelling player-preferred content directly to operators. This content includes award-winning three-reel mechanical games and attractive video slots, all built to deliver the exact same look, game features, and math as their land-based counterparts with the added player feature to play games in landscape or portrait mode. Everi’s RGS oers robust data analytics and real-time reporting and can support custom-built games for operators.

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Everi Delivering World Class Exclusive Gaming Content to Golden Nugget for Online Real-Money Gaming in New Jersey. https://bit.ly/2Jy8ZHr. @GNOnlineCasino #letsgo #everipowers

About Everi

Everi (NYSE: EVRI) 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 customers successful. For more information, please visit www.everi.com, which is updated regularly with nancial and other information about the Company.   

About Golden Nugget Atlantic City

The Golden Nugget Atlantic City, located on Frank S. Farley Marina, is a premier resort destination, oering guests more than 740 rooms and suites. The entire property went through a $150 million complete renovation 5 years ago and has taken on a fresh, modern look to include a high-energy casino featuring the most popular slot and video poker machines, table games, and poker room; nightly entertainment, new bars and lounges, stylish retail oerings, as well as Landry’s signature world-class restaurants such as Chart House and Vic & Anthony’s Steakhouse; a luxury spa and salon; and H20 poolside lounge. The Golden Nugget has already established strong brand recognition worldwide with locations in Las Vegas and Laughlin, NV, Biloxi, MS and Lake Charles, Louisiana. 

Launched in November 2013, GoldenNuggetCasino.com intends to oer the best user experience to New Jersey online and mobile real-money gaming players. Supported by the largest selection of games for both desktop and mobile players, a user-friendly interface and a world-class Customer Service team, GoldenNuggetCasino.com was voted Operator of the Year four years in a row from 2015 to 2018 at the iGaming North America Awards.

Join Everi on Social Media

Twitter:  https://twitter.com/everi_inc

LinkedIn:  https://www.linkedin.com/company/everi

Facebook:  https://www.facebook.com/EveriHoldingsInc/

Instagram:  https://www.instagram.com/everi_inc

Legal Notice

Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries.

Contacts:

Investor Relations

Everi Holdings Inc.

William Pfund

VP, Investor Relations (702) 676-9513 or william.pfund@everi.com

JCIR

Richard Land, James Leahy

(212) 835-8500 or evri@jcir.com

Media Relations

Lee Higgins

Corporate Communications Manager

(512) 334-7579 or lee.higgins@everi.com

Source: Everi Holdings Inc.

Everi Congratulates TournEvent of Champions® Winner Following Thrilling Finale at XS Nightclub in Las Vegas on October 16

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 tournament in North America filled with memorable experiences for all of the players and finalists. As we have expanded the campaign across the U.S. and Canada with hundreds of thousands of players participating on an annual basis, we have had many unforgettable nights at each of the partnering casinos’ qualifying events and unmatched entertainment and excitement at The Million Dollar Event in Las Vegas every year. This success is not possible without the commitment of our partner casinos, our promotions team, and sponsors.”

The 2019 TournEvent of Champions kicked off in May 2019 featuring two tour buses traveling more than 20,000 miles across North America with The Money Man®, Everi’s iconic brand ambassador, to visit 86 partner casinos. More than 230,000 participants competed in TournEvent qualifiers to identify the top 153 players who competed in The Million Dollar Event on October 16 for a share of more than $1.3 million in cash prizes, including the One Million Dollar* top prize. The 2019 TournEvent of Champions was sponsored by Effinet, PC Promotions, Southern California Gaming Guide, and Unistar-Sparco Computers, Inc.

This year’s event also included a charity slot tournament between rounds 1 and 2 of The Million Dollar Event during which $10,000 will be donated to winners’ charities of choice. Some of the industry’s most subscribed to slot stars on YouTube and well-respected trade journalists and publishers participated in the Slot Star Charity TournEvent. Jason with King Jason Slots came in first playing for Autism Speaks, followed by Sarah with Slotlady in second place for Cancer Research Institute, and Diana Evoni with Vegas Slot Machine Videos in third place for Sunday Friends.

* The One Million Dollar top prize payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

Everi to showcase broad portfolio of interactive gaming offerings at 2019 Global Gaming Expo

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 19th 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 operators.

At G2E 2019, Everi’s Interactive product team will engage with current and potential customers as they demonstrate the advantages of integrating and deploying the Company’s RGS in their social and/or real-money interactive gaming operations. Everi will showcase its portfolio of online game content currently available including a key differentiating player feature on its RGS that offers both landscape and portrait functionality of games that are immediately available.

“Since launching our proprietary RGS a year ago at G2E and subsequently going live in New Jersey and Pennsylvania, we have had great initial success for our interactive platform and content, demonstrating the popularity of our games can transcend the land-based casino and extend to both online social and real-money environments,” said Michael Rumbolz, President and Chief Executive Officer, of Everi. “Today, we are working with partners and operators in additional states and believe that by the end of 2019, our RGS and gaming content will attract greater numbers of players wherever they may be. In addition, we have seen growing interest in our interactive solutions portfolio from operators outside the United States and plan to expand our real-money RGS footprint into Canada and Europe, two new geographies that would join Colombia, which is live today. All told, we now have agreements in place that will support the majority of existing real-money casino operators in New Jersey and Pennsylvania and we look forward to G2E 2019 where our team will focus on expanding our reach with additional operators and technology partners.”

David Lucchese, Executive Vice President and Interactive Business Leader of Everi, added, “Our early success in New Jersey and our to-date performance in the social space demonstrates that Everi is well-positioned with the right content and technology to serve our customers’ interactive gaming needs. We remain on pace to expand our RGS game library to more than 50 titles by year-end and are proud to note that all of our online titles were developed from our land-based content including our high-performing video games and best-in-class, award-winning mechanical games. All of Everi’s RGS content is delivered in a configurable form that allows us to tailor its performance for operators and with the flexibility to quickly add new online themes from our land-based content library. We are also well positioned to support our customers with omni-channel content launches across land-based, social, and real-money online. Put simply, we believe we have a compelling product offering and long-term content plan and look forward to showcasing what we can do today and what we plan to do in the future at G2E 2019.”

Everi’s RGS currently supports 30 titles with its library of content expected to exceed 50 titles by year-end. Everi designed its proprietary RGS using state-of-the-art system architecture enabling the Company to develop and distribute compelling player-preferred content directly to operators. This content includes award-winning three-reel mechanical games and attractive video slots all built around land-based slot math with the added player feature to play the game in landscape or portrait mode. Everi’s RGS also offers robust data analytics and real-time reporting and can support custom-built games for operators.

Everi to Showcase “Digital Neighborhood” Connecting Guest Loyalty, Cash Access Experiences, and Casino Solutions Made Possible by Industry-Leading Financial Technology Portfolio at 2019 Global Gaming Expo

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 19th 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 customer-centric features to loyalty, payments, and cage and cash operations, which ultimately serve to enhance the player experience.

“Everi’s commitment to innovation will be on full display at G2E 2019 as we demonstrate how our new player loyalty technology integrates seamlessly with our financial technology solutions to further elevate the player experience and provide higher efficiencies for operators,” said Michael Rumbolz, President and Chief Executive Officer of Everi. “Our unmatched suite of financial technology products and services are designed from the ground up to help operators operate more efficiently and maximize funds to their floors, while providing a new gateway for player engagement by tying critical player loyalty programs to back of house operations. With the addition and integration of our loyalty offerings, our solutions set is more powerful than ever and we are excited to demonstrate to operators how we can drive meaningful change across the operator’s business both in the back of the house and on the casino floor.”

Darren Simmons, Executive Vice President and FinTech Business Leader of Everi, added, “We are again changing the game through the addition of a robust marketing platform to our already comprehensive set of financial technology product offerings. Everi’s loyalty platform creates a central hub for all of our product touch points – including games, financial technology solutions, and interactive – and is a critical new way we can better serve operators and their guests alike. This ‘digital neighborhood’ of solutions optimizes the security, functionality, and efficiency of operators’ business operations. This approach also enables them to coordinate all their guest interactions across the full life cycle of each casino visit – from the time they enter the property, sign-up for a loyalty program, and access funding through their game play and cash out interactions – resulting in a seamless, exceptional player experience.”

Financial technology product demonstrations at G2E 2019 will include:

Loyalty Solutions
Everi’s loyalty solutions, debuting for the first time at G2E 2019, represent a critical bridge between the Company’s operator-centric financial technology solutions and its player-centric games solutions. The loyalty products on display, enrollment and promotional kiosks, are powered by an ever-evolving loyalty control panel. These kiosks are designed to engage new and returning players, creating an experience that is both easy and exciting while also enticing players to join the operator’s loyalty program and have even more fun on the gaming floor.

The first stop for player engagement on the casino floor is the enrollment kiosk, a self-service solution that replaces the player loyalty enrollment desk with a self-service kiosk. The enrollment kiosk drives new player loyalty enrollments, prints new and replacement player loyalty cards, and interfaces with the new loyalty app, enabling players to sign up for other Everi products such as the CashClub Wallet®. Players can also update their contact details and other information, all without the need to visit a club desk. Just as important, the enrollment kiosk prints permanent player cards, thus removing a time-consuming step from the operator’s workflow. Up to four player loyalty tiers can be printed by one kiosk, making this an efficient solution that frees up casino floor space for more games or other revenue-generating uses.

The promotional kiosk is the new place for guests to engage with the property’s player loyalty program, unifying all loyalty program guest service functions into a simple, self-service solution. The promotional kiosk offers account lookups and comp redemptions and delivers casino maps and interactive property information, while also highlighting the best entertainment on property with a custom event calendar. Players can also participate in entertaining promotional games, virtual drawings, offers, and more at the promotional kiosk. The kiosk’s control panel makes using the promotional platform intuitive for operators and guests alike. The top screen can be used to turn an idle kiosk into a real-time billboard for the latest property events and features.

Bringing the player loyalty program to guests’ mobile phones can be accomplished through the loyalty app, a uniquely designed mobile application that allows operators to interact and engage with guests regardless of their location. The loyalty app enables the delivery of promotions and offers directly to guests’ mobile devices, allows patrons to view and activate drawings and other promotions, and receive location-based rewards when they are at the casino. The loyalty app also allows guests to view their account information, including their tier status and point levels, at any time. The loyalty app supports other Everi products such as CashClub Wallet.

Payment Solutions
Led by CashClub®, Everi’s leading payments software platform, the Company’s payments solutions are designed to maximize funds to the floor, optimize how players access their funds, and enable operators to monitor and control player activity with an eye toward responsible gaming. CashClub Wallet is an interactive digital wallet that consolidates payment options for players when integrated with CashClub and the Company’s full-service kiosks. CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino, and manage their spend limits, all aimed at supporting responsible gaming. CashClub Wallet also creates consistency across payment types through a convenient and efficient patron interface. CashClub Wallet may be accessed via a player card or mobile app (either stand alone, integrated in the loyalty app, or via a third party). CashClub Wallet can easily move funds both onto and back out of electronic gaming machines on the casino floor if allowed by the casino’s regulatory system.

CashClub Concierge is a personalized cash access cage service for VIPs as well as table games and high-limit room players that integrates mobile tablets and mobile point-of-sale (POS) devices through CashClub. The service eliminates the need for a player to move away from gaming to access additional funds as the product brings the cage to the player. Once enrolled in CashClub, players only need to visit the cage once for transactions to be authorized, retrieved, and completed on the floor.

The Company’s CXC 5.0 and CXC 5.0 L full-service kiosks provide the player interface between CashClub and in-casino funds, offering enhanced security features including self-frosting glass and a real-time rear-view camera as well as plentiful branding and marketing space. Designed for smaller volume properties, the CXC 5.0 L provides similar services as the CXC 5.0, but with a smaller footprint and at a lower price point. Joining CXC 5.0 and CXC 5.0 L is VersatileXchange™ (VXC), a space- and cost-efficient kiosk that is optimized with non-cash transaction features like QuikTicket™. All three kiosks feature QuikTicket, CashClub Wallet, ticket-in/ticket-out (TITO), and the Everi Cares™ Giving Module, the only cashless donation opportunity available in the gaming space.

In today’s information security environment, operators need to know their cash dispensing touch points are protected from inside and outside threats. Everi’s Security Suite leverages Diebold Nixdorf’s fully compliant and certified Vynamic® Security Suite to deliver a layered software security approach that protects against threats from across the logical attack landscape. The suite offers intrusion protection from software threats such as viruses and malware, hardens the kiosk operating system, and encrypts device disks. Security Suite also provides full access protection by reducing available pathways for unauthorized outside access.

Casino Solutions
Everi powers operator cash and compliance operations through its comprehensive suite of casino solutions designed to optimize transactions, reduce cash exposure, and improve the guest experience, while providing the tools operators need to comply with growing regulatory demands. The Everi Compliance® AML (Anti-Money Laundering) solution is the gold standard for AML compliance across the industry as it provides real-time tracking for all transactions on the casino floor and integrates with all major casino management systems. The system also completes, files, and archives forms required to comply with federal money laundering requirements.

Everi’s CentralCredit™ is the industry-leading repository for casino-related credit information and reporting to determine a guests’ creditworthiness. The solution enables operators to quickly and efficiently make informed, proactive decisions for extending casino credit to guests – as the platform provides real-time and seamless access to the industry’s largest gaming credit bureau. CentralCredit has been proven to help operators grow market share and increase patron loyalty while increasing operational efficiencies.

RCS-Active™ and RCS-700™ are powerful cash recyclers designed to automate casino vault and cage operations by enabling rapid processing of notes and coins. Operators deploying RCS-Active™ and RCS-700™ save time in their efforts to count cash moving in and out of the vault, optimize cash on hand to minimize cash buys, and increase the accuracy and accountability of their cashiers and retail operators. These cash management solutions have among the highest capacity and speed on the market and feature Cash Complete Connect™, the industry’s most powerful back of house cash management software solution.

Everi’s CageXchange™ cash dispenser improves accuracy, reduces cash shrinkages/overages, and improves overall casino staff productivity. Wait times are significantly shortened by reducing tedious manual cash counting, allowing staff to focus more time on guest service and other cage operations. CageXchange helps improve cage accuracy and stores cash securely, providing additional protection of funds while reducing counting and balancing times.

Jackpot Xpress® is an award-winning, intuitive jackpot and tax forms management solution that enables floor staff to securely and efficiently process jackpots using a mobile device (Jackpot Xpress Mobile) right at the player’s gaming machine or at the JackpotXchange® kiosk. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure kiosk payment, tax forms management, and AML tracking into a single solution. The technology reduces or eliminates paper, reduces both cage lines and player wait times, improves casino staff efficiency, and allows the player more time on device.

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About Everi Holdings
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.   

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc 
LinkedIn:  https://www.linkedin.com/company/everi 
Facebook:  https://www.facebook.com/EveriHoldingsInc/ 
Instagram:  https://www.instagram.com/everi_inc

Product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E”, which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.; “Vynamic”, which is a registered trademark of Diebold Nixdorf, Incorporated; and “RCS-Active”, “RCS-700”, and “Cash Complete Connect”, which are trademarks of SUZO HAPP.

Contacts:
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
(702) 676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579
lee.higgins@everi.com

Everi Games to Showcase New Transformative and Engaging Player Experiences at 2019 Global Gaming Expo

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 19th 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. Everi Games will display new cabinets and games, including more than 50 original game themes and 15 licensed brand titles; the Empire Flex™ cabinet, a new form factor with industry-unique lighting architecture; and extensions for player-popular cabinets and game themes. Everi will also host the conclusion to its always-thrilling TournEvent of Champions® The Million Dollar Event® for the seventh year in a row.

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Our game and hardware creativity as well as the scale of our new game titles, bonus features, and game mechanics output have all increased significantly in recent years, as we continue to emphasize innovation that transforms the player experience. Our product lineup at G2E 2019 will demonstrate this commitment and the creativity of our games development teams through new hardware platforms, added depth of original content and engaging play features, games based on popular entertainment brands, and new themes that extend our excellence in a number of slot categories. We are excited to demonstrate the further evolution of Everi’s slot floor experiences at G2E as we showcase one of the industry’s most engaging product portfolios.”

Dean Ehrlich, Executive Vice President and Games Business Leader of Everi, added, “We look forward to demonstrating the extended breadth of our standard and premium games’ portfolio – as we build on our momentum in multiple categories especially the premium slot segment, while also showcasing unique enhancements and added depth for our standard video slot library, extending our leadership position in the mechanical reel segment, and further expanding the capabilities of our TournEvent® system. Importantly, the vast majority of our slot products on display this year will be commercially available prior to next summer, making our booth a must-see destination for operators looking to generate a great return on their investment by engaging players today while keeping an eye on tomorrow.”

This year, Everi will display its deepest-ever portfolio of hardware platforms and game content that deliver engaging entertainment experiences. Everi Games’ G2E 2019 product demonstrations will include:

The new Empire Flexvideo platform features a 49-inch flexed display on top of the Company’s popular Empire MPX base with eye-popping 4K content, industry-unique flexible integrated light bars, and a larger enhanced glass button deck. Expected to hit casino floors in the first half of 2020, the Empire Flex will debut at G2E 2019 with 14 unique themes including four games for the new Beast series, which features different majestic and ferocious beasts. Beast series games give players 1,024 different ways to win with 4K visual engagement and innovative horizontal expanding reels. Wicked Wheel Panda™ and Wicked Wheel Fire Phoenix™ feature a video wheel bonus round with random multipliers and nudges, creating an incredible amount of anticipation for players. The games offer the unique 243 Ways™ to win feature, which enable players to possibly win progressive jackpots at any bet level. Power Shot Freedom™ and Power Shot Prosperity™ are five-reel, 40-line video slots where players chase instant credit prizes or bolts in the power reel symbols, leading to a power shot bonus for a chance at big wins. 

Empire Flex will also feature a persistent state offering, an industry-popular mechanic that gives players incentives to keep playing as they chase and/or collect bonuses, multipliers, and other awards at G2E 2019. Building on the popularity of Crush™, which was introduced at last year’s G2E, Crush Dynasty™ and Crush Conquest™ contain no reels, lines, or pay tables, and instead include a sculpted Aztec head that crushes boulders to yield credits. Crush Dynasty and Crush Conquest include the new Rampage Feature, a mystery event where the stone Aztec head icon crushes multiple boulders that roll down chutes on either side of the screen to award large bonuses. Both titles will also be available on the Empire MPX cabinet.

Following its sneak peek at last year’s G2E, the new Empire DCX™ cabinet is back and ready for action with Monsterverse™ featuring Kong and Godzilla™ in earth shattering 4K game play. Based on the shared fictional blockbuster, cinematic universe from Legendary Entertainment, Monsterverse offers the Monster Bet that dares players to bet big and play four arrays at once.  Two additional games, The Mask®, based on New Line Cinema’s 1994 hit comedy, and The Karate Kid®, based on the popular feature film franchise that debuted in 1984, will also be on display at G2E and out on casino floors in late 2019. The Empire DCX cabinet includes dual curved 43-inch horizontal monitors with integrated edge lighting and enhanced game-controlled lighting, a 4K display that provides an immersive player experience, and premium 4.1 surround sound.

Introduced at last year’s G2E to great acclaim with the Discovery Channel’s Shark Week® theme that is currently a hit on casino floors, the fully featured Empire Arena™ banked product is back with two new themes and heart-pounding, bank-wide bonus features. Empire Arena offers an immersive gaming experience for players and flexibility in banking configurations for operators, starting with three units up to eight units. The bank features edge-lit shelves and circular signage that amplifies the product’s merchandising capabilities.

The Vault™ will debut on Empire Arena with three base games that feature Vault Respins, a lock-and-respin game play mechanic, free spins and pick bonuses, and the bank-wide bonus Diamond Rush. The attention-grabbing alert prepares players for a fast rate of competitive, community style play where all players compete to deplete the vault and “steal” diamonds from other players on the bank. Also debuting on Empire Arena, Dragon Kingdom™ features two base games with wilds that accumulate to trigger the Dragon Wheel, which awards bonuses, progressives, and credit prizes.

Everi will also present two licensed themes on its larger-than-life hardware platform Renegade 3600™ – Press Your Luck® and Snoop Dogg Presents The Joker’s Wild®Press Your Luck is based on the 1980s television game show and revived on ABC primetime in June 2019. The theme features two base games along with an innovative hold-and-respin bonus, giving players the opportunity to experience the iconic game show right on the floor. Snoop Dogg Presents The Joker’s Wild is based on the popular Snoop Dogg-hosted version of the classic television game show that aired on TBS. Players compete by matching symbols on three reels and answering questions.

The single-screen Empire MPX cabinet returns to G2E with 11 unique themes on display including two persistent state games. Gift of the Nile™ and Dragon Flame™ feature a persistent wild-symbol feature as the eye and the flame from the dragon’s mouth come down and mysteriously pop up 3D wild symbols with every subsequent spin moving the player’s progress one-step forward. The Smokin Hot Stuff Jackpot® Respins™ game utilizes a unique take on the Company’s popular locking respin feature using mini games to add another layer of excitement. Little Shop of Horrors®, based on the popular movie featuring the unusual plant named Audrey II, features wilds in the base game that feed Audrey II and trigger the game’s biggest bonus – Mean Green Mother free spins. Both titles will feature Everi’s Apex Edge™ topper, a 27-inch monitor that sits atop the Empire MPXfeaturing game-controlled edge lighting and unique game content.

Everi’s Core HDX® cabinet remains popular with players thanks to its dual widescreen 23-inch, 1080p HD monitors, integrated touchscreens, and premium three-way sound system. Everi will feature a wealth of new content for the Core HDX cabinet including the new Jackpot Alert banked series that features quick hitting progressives. Triple Jackpot Gems™ and Triple Wild Dragons™ bring Everi’s popular high denomination mechanical reel games to the Core HDX, featuring volatile three-reel, nine-line games with classic symbols and multiplying wilds.

Everi will demonstrate completely new concepts and further brand extensions for its three-reel mechanical Player Classic® cabinet with more than 20 new games debuting at G2E 2019, all building on the success Everi continues to have in the high denomination mechanical space. Wild Rainbow Luck™ and Fortune Time™ along with Liberty Jackpots™ and Double Wild Gems™ will be featured on the Player Classic 26 with the Apex U™ topper. The Player Classic26 with Apex U enhances Everi’s Player Classic cabinet with additional merchandising on the larger 26-inch top box and video topper that displays game content and updates as players increase bets and earn prizes.

The enormous Zoltar 5X Pay™ and Zoltar Triple Jackpot™ premium mechanical bank is based on the all-knowing animatronic fortune-telling machine from Characters Unlimited, Inc., and features the iconic and recognizable voice of Zoltar, the great gypsy himself. Zoltar has made several appearances in television commercials and been seen in hundreds of locations around the world and in the homes of many collectors. Both games feature a free spin bonus where Zoltar predicts a multiplier between 2X – 10X with each free spin on the next reel stop. Smokin’ Hot Stuff Bonus Multipliers™ and Smokin’ Hot Stuff Double Jackpots™ is another premium mechanical product pairing that brings the successful progressive pick bonus of Smokin’ Hot Stuff Wicked Wheel to the Player Classic with multiple ways to win jackpots.

Triple Double Patriot™ and Triple Double Gems™ along with Triple Wild Dragon™, an extension of the successful Triple Jackpot Gems title, will all be on display at G2E on the Player Classic with the Skyline™ top box, enhancing the look and feel of the Player Classic with a vintage-inspired bezel. Everi continues to deepen its library of original content for the Skyline Revolve™, which features an 18-inch mechanical wheel and a 23-inch portrait monitor along with a physical bell that cuts through the floor during big wins. Double Jackpot Gems Grand Wheel™ and Double Jackpot Lion’s Share Grand Wheel™ in addition to Gold Standard Jackpots™ and Cash Machine Jackpots™ will debut on the Skyline Revolve cabinet at G2E.

TournEvent®, the industry’s leading slot tournament system, also makes a leap forward with TournEvent 6.0 featuring two new exclusive in-revenue banked games and a new banked product dedicated to the championship round play called The Winner’s Circle™The Winner’s Circle brings TournEvent to the Empire MPX with the new out-of-revenue theme Star Struck™ that incorporates background music from C+C Music Factory hit “Gonna Make You Sweat (Everybody Dance Now)”. In addition, Everi will release its TournEvent Now sit-and-go feature, an upgrade for existing Core HDX TournEvent banks, as part of the next iteration of the TournEvent platform.

Finally, Everi will again host The Million Dollar Event* at G2E 2019, bringing to a thrilling conclusion the 2019 TournEvent of Champions, which kicked off in May 2019. Now in its seventh consecutive year, the 2019 TournEvent of Champions featured two tour buses and The Money Man®, visiting 86 partner casinos across the United States and Canada. More than 230,000 participants competed in TournEvent qualifiers to identify the 153 players who will compete on October 16 at XS in the Wynn/Encore Las Vegas Resort for a share of more than $1.3 million in cash prizes, including a $1 million* top prize. The TournEvent of Champions event will also include a charity slot tournament during which $10,000 will be donated to the winners’ charities of choice. Players include some of the industry’s most recognized slot stars on Youtube as well as well-respected trade journalists and publishers.

*Payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

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Everi Games to Showcase New Transformative and Engaging Player Experiences at 2019 Global Gaming Expo. http://bit.ly/2WgY5Ns. @G2Eshows #everipowers

About Everi Holdings
Everi (NYSE: EVRI) 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 financial 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, offer seamless and secure financial transactions for casinos and their patrons, and deliver software tools and applications to improve casino operations efficiencies and fulfill regulatory compliance requirements. Everi provides these products and services in its effort to help make customers successful. For more information, please visit www.everi.com, which is updated regularly with financial and other information about the Company.

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc 
LinkedIn:  https://www.linkedin.com/company/everi 
Facebook:  https://www.facebook.com/EveriHoldingsInc/ 
Instagram:  https://www.instagram.com/everi_inc

Legal Notices
Hot Stuff the Little Devil © 2019 Classic Media, LLC. All Rights Reserved.

Monsterverse and © 2019 Legendary. All Rights Reserved. GODZILLA™ and © Toho Co. Ltd. All rights reserved.

THE MASK and all related characters and elements © & ™ Turner Entertainment Co. (s19)
The Karate Kid: TM & © 2019 Columbia Pictures Industries, Inc. All rights reserved.

©2019 TM Discovery Communications, LLC. Shark Week and related logos are trademarks of Discovery Communications, LLC. Used under license. All rights reserved.  
Press Your Luck ®/© Fremantle 2019.  All Rights Reserved.

SNOOP DOGG PRESENTS THE JOKER’S WILD © 2019 Sony Pictures Television Inc. and Turner Entertainment Networks, Inc. All Rights Reserved.

LITTLE SHOP OF HORRORS and all related characters and elements © & ™ Turner Entertainment Co. (s19)

Zoltar ©™ 2019 Characters Unlimited, Inc. All Rights Reserved.

Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.

Contacts:
Investor Relations
Everi Holdings Inc.
William Pfund
VP, Investor Relations
702-676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
212-835-8500 or evri@jcir.com

Media Relations
Lee Higgins
Corporate Communications Manager
(512) 334-7579
lee.higgins@everi.com

Everi Demonstrates Commitment to Tribal Gaming Operators with Full Display of Innovative Products at OIGA 2019 Conference and Tradeshow

Several of Everi’s latest gaming products and innovative financial technology solutions will be on display at the Oklahoma Indian Gaming Association (OIGA) Conference and Tradeshow, July 22-24, 2019, in Tulsa, Okla., at the Cox Business Center in booth #1114.

Everi continues to expand its deep library of original for-sale video titles with the introduction of Fu Xuan II™, the follow-on theme to the player popular Fu Xuan® game, and Dragon Surge™, a five-reel, 720 Ways™ game with a thrilling expanding reels feature and enticing progressives. The company will showcase both of these themes on the space efficient Empire MPX™ (“E43”) cabinet at OIGA. Yardbirds 3 Foxy in the Henhouse™ and Yardbirds 3 Return of the Chicken™, the latest classic video series on the E43 and a follow-on to Yardbirds 2 Foxy’s Revenge®, will also be presented at the show.

Everi will showcase its first mechanical wheel top box in the Grand Wheel Premium Series with Double Jackpot Gems Grand Wheel™ and Double Jackpot Lion’s Share Grand Wheel™ in this latest series for Skyline Revolve™. Gamblers will feel at home with the themes’ classic game mechanics coupled with the excitement and win potential of the wheel. Cash Machine™, the only stepper game of its kind that offers simple “win what you see” gameplay, and Zoltar 5X Pay™ and Zoltar Triple Jackpot™, Everi’s latest premium linked mechanical themes based on the all-knowing, all-seeing great gypsy king, will be showcased on the Player Classic 26.

In addition to these gaming products, Everi will provide operators hands-on demonstrations of its innovative player loyalty promotional and enrollment kiosks powered by Atrient. These award-winning platforms deliver the most flexible, efficient, and reliable mechanisms for awarding loyalty, encouraging play, and improving player contact data capture. Operators will also have the opportunity to see first-hand Everi’s fully integrated kiosks, the CXC 5.0 and CXC 5.0L, that offers enhanced security features and branding and marketing space.

Zoltar ©™ 2019 Characters Unlimited, Inc. All Rights Reserved.

Everi Recognized by 2020 Women on Boards for Having 20 Percent or More Corporate Board Seats Held By Women

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 counsel Eileen and Maureen provide our leadership team and board of directors,” said Miles Kilburn, Board Chairman, at Everi. “We encourage more companies to embrace diversity and inclusion and continue to foster this culture not only at the board level, but at the company level as well. Our Women’s Leadership Initiative was put in place three years ago to do just that – to develop diverse leaders throughout the organization and to create opportunities and a path for advancement. Diverse talent and perspectives will enable us to continue to successfully execute on our key strategic initiatives to drive shareholder value, which must start at the top.”

“We applaud Everi’s board of directors for engaging the diverse opinions and perspectives of both genders on their board,” said Betsy Berkhemer-Credaire, CEO of 2020 Women on Boards. “Studies have shown that the varied perspectives of women are uniquely valuable to corporations and the challenges they face today and can be key factors in profitability, productivity, and workforce engagement.”

2020WOB is a nonprofit organization that monitors and publishes how many women are on companies’ board of directors and ranks each company from ‘W’ for ‘Winning’ with at least 20 percent to ‘Z’ for Zero, meaning no women directors. Half the Russell 3000 companies still have only one woman director or none.

The 2018 nationwide statistic was 17.7 percent, a gain of 469 board seats for women, which is an improvement over the previous year at 16 percent. Of those, 295 were new seats created by expanding the board, not seats previously held by men. In total for 2018, approximately 25,250 board seats existed among the Russell 3000 companies with only 4,477 held by women.

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Everi Recognized by 2020 Women on Boards for Having 20 Percent or More Corporate Board Seats Held By Women. Company Recognized as a Leader in Board Diversity. http://bit.ly/2WgY5Ns. @2020WOB #womenonboards #everipowers

About 2020 Women on Boards
2020 Women on Boards (2020WOB) is a global education and advocacy campaign committed to building public awareness and momentum towards the goal of achieving at least 20 percent of all public company board seats to be held by women by the year 2020, the milestone 100th anniversary that commemorates the 19th Amendment, when women won the right to vote. The campaign’s signature programs include the Gender Diversity Directory, a database which tracks the gender composition of company boards, the annual Gender Diversity Index report, and the National Conversation on Board Diversity events held in more than 30 cities each November. In just 9 short years, 2020WOB has become a respected global brand while building a reputation as a formidable advocate for advancing women to corporate boards. For more information, visit, www.2020WOB.com.

Everi Holdings to Participate at Stifel 2019 Cross Sector Insight Conference on June 10

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 technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Contacts
Investor Relations
Richard Land, James Leahy          
JCIR
212-835-8500 or evri@jcir.com                                  

Everi to showcase compelling gaming products and powerful financial technology solutions at 2019 Indian Gaming Tradeshow and Convention

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 marketing platform and experience hands-on demonstrations of PowerKiosk™. Operators will see first-hand how these powerful solutions and services can deliver a premium guest experience and significantly increase patron loyalty.


“Everi has a long history of supporting tribal gaming operators with a broad portfolio of innovative gaming and financial technology solutions that enhance the player experience on our customers’ casino floors and significantly improve the efficiency of our customers’ cage, cash access, and compliance operations,” said Michael Rumbolz, President and Chief Executive Officer at Everi. “We look forward to returning to NIGA this year to highlight our latest products and solutions as we demonstrate our ongoing commitment to our Class II and Class III Native American gaming partners.”

Highlights of the Company’s gaming products, financial technology solutions, and interactive capabilities on display at NIGA (Booth #1431) include:

Games

Everi Games will feature innovative hardware platforms and gaming content at NIGA designed to engage players at higher levels and enable operators to generate higher returns on their investments in its products.

Everi will feature a number of new and exciting for-sale linked banked themes on its Empire MPX™ (“E43”) cabinet including the MoneyBall® Series, Fu Stacks™, and Lazer Lock™. Lazer Lock is a unique offering that utilizes multiple progressive pools and offers a player selectable multi-denomination option. Legendary country singer-songwriter Willie Nelson is behind the newest installment of the E43 game series for the premium segment of tribal casino floors.

Everi’s Empire Arena™ will be on display at NIGA supported by the licensed Discovery Shark Week™ bonus game and three popular base games. Empire Arena enhances the already proven Empire 5527™ and expands it to create a fully featured banked product with multiple configurations. Everi will also feature its latest title on the game-changing, larger-than-life Renegade 3600™, Smokin’ Hot Stuff Jackpot Respins™, which expands on the success of the Smokin’ Hot Stuff™ theme based on the friendly and fiery comic book character.

Two brand new themes, Double Jackpot Gems Grand Wheel™ and Double Jackpot Lions Share Grand Wheel™, will be featured on Everi’s Skyline Revolve™, the Company’s first mechanical wheel top box feature for its popular Skyline™ top box. A number of themes will be displayed on the Player Classic 26, which adds a 26-inch top box to the Player Classic cabinet, including the Cash Machine™ theme, offering simple “win what you see” gameplay. Everi will also display the Player Classic 26 with Apex U™ topper that will feature several games, including Wild Electric Diamond™ and Wild Jewels™.

Financial Technology Solutions

Everi FinTech’s sole focus is on providing intuitive, flexible financial technology solutions that enable operators to maximize funds to their floor while providing a premium experience for their guests.

• CashClub® Concierge – a personalized cash access cage service for VIPs as well as table game and high-limit room players that integrates mobile tablets and mobile point-of-sale (POS) devices through Everi’s CashClub software. CashClub Concierge eliminates the need for a player to leave their gaming position to access additional funds by bringing the cage to the player.

• CXC 5.0 / 5.0 L – Everi’s fully integrated kiosks offer enhanced security features including a real-time rear view camera as well as plentiful branding and marketing space. Designed for smaller volume properties, the CXC 5.0 L offers similar services as the CXC 5.0, but with a smaller footprint and a lower price point.

• Jackpot Xpress™ – an award-winning software platform that enables floor staff to securely and efficiently process jackpots using a mobile device (Jackpot Xpress Mobile) right at the player’s gaming machine or at the JackpotXchange® Lite (JXC-L) kiosk.

• CashComplete™ RCS-700 – this powerful note recycler has the ability to count, store, and sort notes to maximize cash inventory and tighten cash controls, fully automating a property’s cash management.

• CageXchange™ cash dispenser – speeds up transactions, reduces cash shrinkage, and improves overall casino staff productivity.

• Everi Compliance® AML – the gold standard for AML compliance across the industry provides real-time tracking for all transactions on the floor and integrates with all major casino management systems.

Interactive Gaming Products

Following the successful launch of its Remote Game Server (“RGS”) at the 2018 Global Gaming Expo, Everi will demonstrate how operators can leverage the RGS to seamlessly deliver online gaming entertainment uniquely tailored to their brand and player strategies. Everi’s RGS is a platform for the development and distribution of new games, allowing operators to launch land-based, online real-money, and online social gaming channels with higher visibility and promotion. The Company will offer more than 50 game titles on its RGS in 2019 by replicating its premium land-based gaming experience for online players. At NIGA, discussions will focus on working with customers and partners to integrate with Everi’s RGS to bring proven, land-based content to interactive and online channels.

Everi Holdings to Participate in Two upcoming Institutional Investor Conferences

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 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, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Contacts
Investor Relations
Richard Land, James Leahy
JCIR
212-835-8500 or evri@jcir.com

Everi Holdings to Participate at Raymond James 40th Annual Institutional Investor Conference on March 4

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 40th 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 systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Contacts
Investor Relations
Richard Land, James Leahy
JCIR
212-835-8500 or evri@jcir.com

Bay Area Resident Wins $923,165 Jackpot at San Pablo Lytton Casino

SAN PABLO, Calif. (Feb. 7, 2019) – A man from Hayward, Calif., won big on Tuesday, February 5, when he hit a $923,165 at San Pablo Lytton Casino while playing Everi Holdings Inc. (NYSE: EVRI) (“Everi”) White Hot Diamonds®, one of eight popular three-reel mechanical game themes featured on Everi’s Jackpot Lockdown® wide-area progressive (“WAP”) link.

The local resident is a regular patron of San Pablo Lytton Casino and was getting ready to leave when he hit the jackpot. The winner intends to use the money to pay off his mortgage.

“You can come to San Pablo Lytton Casino any day and leave a millionaire,” said Michael Gorczynski, General Manager of San Pablo Lytton Casino. “Stop by. Start winning.”

“Our Jackpot Lockdown WAP link games continue to prove to be popular with casino patrons since the link’s introduction in early 2017 and we’re happy to see a lucky player at San Pablo Lytton Casino hit a life changing jackpot,” said Dean Ehrlich, Executive Vice President and Games Business Leader, at Everi.

Everi’s Jackpot Lockdown was one of the first WAP links designed exclusively for Class II markets going live for the first time in February 2017. The WAP link currently connects more than 550 original and premium licensed games and has paid out 14 jackpots totaling more than $4.4 million to date.

To learn more about gaming at San Pablo Lytton Casino, visit https://www.sanpablolytton.com/

The Lytton Band of Pomo Indians owns and operates San Pablo Lytton Casino. The casino employs over 500 people from the San Pablo area. The casino spends millions each year on local goods and services and provides over half of the City of San Pablo’s operational general fund.

Everi to showcase innovative financial technology solutions and expanding interactive gaming portfolio at ICE London

LAS VEGAS, Jan. 31, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (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 Edward Peters, Executive Vice President, Sales and Marketing, at Everi. “Our product demonstrations will reflect the significant investments we are making to further enhance our leading financial technology solutions that enable operators to maximize funds to their floor while providing a premium experience for their guests. We are also excited to showcase our interactive gaming capabilities, including our deep library of award-winning, tier one content that we can bring directly from our land-based game development to our new Remote Game Server.”

Highlights of the Company’s financial technology solutions and interactive gaming products on display at ICE London include:

Financial Technology Solutions
Everi will demonstrate a number of its intuitive, flexible financial technology solutions including:


Figur™ – CasinoDirect’s™ space efficient, feature-rich touchscreen kiosk with a portrait display provides patrons with a simple, secure interface to complete their cash advance transactions.


CXC 5.0 L – Everi’s newest full-service kiosk with a smaller footprint and lower price point offers enhanced security features including a real-time rear view camera as well as plentiful branding and marketing space.

CasinoDirect – the latest version of Everi’s cloud-based cash desk software platform is General Data Protection Regulation (GDPR) compliant and arms cashiers with a single, easy-to-use dashboard that streamlines the retrieval of cash advance transactions.

CasinoDirect Concierge – a personalized mobile cash access service for VIPs and table game players that allows for transactions to take place in a convenient and private setting.


Interactive Gaming Products
Following the successful launch of its Remote Game Server (“RGS”) at the 2018 Global Gaming Expo, Everi will demonstrate how operators can leverage the RGS to seamlessly deliver online gaming entertainment uniquely tailored to their brand and player strategies. Everi’s RGS is a platform to develop and distribute new games, allowing operators to launch land-based, online real-money, and online social gaming channels with higher visibility and promotion. The Company will offer more than 50 game titles on its RGS in 2019 by replicating its premium land-based gaming experience for online players. At ICE London, discussions will focus on working with customers and partners to integrate with Everi’s RGS to bring proven, land-based content to interactive and online channels.

Everi and Penn National Gaming Extend Cash Access Services Agreement

LAS VEGAS, Nov. 05, 2018 - 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 level of operating efficiencies and ease of use our cash access products deliver to casino operators and their players,” said Darren Simmons, Business Leader, Financial Technology Solutions, at Everi. “Our cash access products are designed and built with both the casino employee and patron in mind all in an effort to help drive more funds to the floor efficiently and securely. We appreciate Penn National’s continued recognition of the unique benefits our innovative products bring to their operations and their ability to offer a better patron experience in deciding to extend and expand on the services we provide them.”

“Our goal is to deliver best-in-market gaming, entertainment, and dining experiences for our customers,” said Jay Snowden, President and Chief Operating Officer of Penn National. “We want to provide our more than five million active customers in our player rewards database, and those patrons who visit our gaming facilities for the first time, an exceptional experience which typically starts with them accessing funds. Everi’s cash access products and intuitive kiosks will enable us to offer that premium experience our patrons have come to expect from a Penn National facility.”

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About Everi
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 machine and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

British Columbia Lottery to Deploy Everi’s Industry-Leading TournEvent System Across Entire Province

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 British Columbia’s slot tournament system provider of choice, Everi is excited to deploy TournEvent in casinos across the province as we continue to grow our Games business in Canada. We believe agency approval is a testament to our innovative, easy-to-use platform. We look forward to bringing TournEvent to British Columbia as we partner with the province’s casinos to offer the industry’s leading slot tournament solution which heightens operators’ marketing efforts and brings fun and excitement to their floors.”

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British Columbia Lottery to Deploy Everi’s Industry-Leading TournEvent System Across Entire Province. Company to Deliver TournEvent Slot Tournament Systems and Gaming Machines to All 35 Casino Properties in 2019. https://bit.ly/2Jy8ZHr. #bclc #everipowers

Everi Congratulates TournEvent of Champions® Winner Following Exciting October 10 Finale at XS Nightclub in Las Vegas

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, Evergreen Park, for beating the top slots players in North America to win the grand prize in the 2018 TournEvent of Champions,” said Ed Peters, Executive Vice President, Sales and Marketing, at Everi. “The continued success of TournEvent of Champions is not made possible without the commitment of our partner casinos as they host TournEvent® qualifying events that create the excitement on which this program thrives. We also want to acknowledge our dedicated promotions team for partnering with the 104 participating casinos over the last five months to create memorable experiences for their TournEvent players.”

The 2018 TournEvent of Champions kicked off in May 2018 and featured three tour buses and The Money Man®, Everi’s iconic brand ambassador, visiting 104 partner casinos traveling nearly 50,000 miles across the United States and Canada. More than 200,000 participants competed in TournEvent qualifiers to identify the top 166 players who competed in last night’s The Million Dollar Event for a share of more than $1.3 million in cash prizes, including the $1 million* top prize. The finale was streamed live on the TournEvent of Champions and Super Jackpot Slots Community Casino Facebook pages.

As a precursor to The Million Dollar Event, Everi held a skill-based slot tournament based on the fiercely popular app Fruit Ninja™ earlier in the day in Everi’s booth at the Global Gaming Expo®. Played on the company’s award-winning and industry leading TournEvent slot tournament solution, nearly all 166 TournEvent of Champion finalists and their guests competed for 14 spots in the Fruit Ninja tournament championship held that evening during The Million Dollar Event, with the winner taking home $5,000.

The 2018 TournEvent of Champions was sponsored by Norwegian Cruise Line, Southern California Gaming Guide, Columbus Data Services, Effinet, PC Promotions, and Unistar-Sparco Computers, Inc.

* Payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

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About Everi
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a diverse portfolio of products including innovative gaming machines that Powers the Casino Floor®, and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Join Everi on Social Media
Twitter: https://twitter.com/everi_inc
LinkedIn: https://www.linkedin.com/company/everi
Facebook: https://www.facebook.com/EveriHoldingsInc/
Instagram: https://www.instagram.com/everi_inc

Legal Notice

Fruit Ninja: TM © Halfbrick Studios. Used under license. All rights reserved.

Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.

Everi Extends Agreement with Caesars Entertainment to Provide Access to Industry’s Largest Gaming Credit Bureau and Reporting System

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’ operational efficiencies with seamless, real-time credit reporting access while helping grow market share and increase patron loyalty.”

Everi’s CentralCredit® service is the industry’s largest gaming credit bureau and the leading source of casino-related credit information and reporting. Used to determine guest credit worthiness, the service enables casino operators to access credit reports and updates on guest activity through a private, secure interface. The service features real-time updates to casino activity and international gaming credit data.

For more information about CentralCredit® or the Intelligence toolkit, visit Everi’s website at www.everi.com/intelligence

Everi to Highlight Growing Interactive Gaming Capabilities at 2018 Global Gaming Expo

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 18th 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 real-money, and online social gaming channels with higher visibility and promotion. Everi will leverage its existing land-based portfolio to offer more than 50 titles on its RGS in 2019 to support the Company’s interactive gaming strategy focused on exceeding expectations by replicating Everi’s premium land-based gaming experience for online players. The RGS was recently launched to support online social gaming opportunities and will soon be available to licensed online real-money gaming operators following approval by independent gaming testing agencies and regulators by the end of the year.

“Everi is favorably positioned to help our customers benefit through the development of customized gaming experiences that will engage their existing patrons, attract new players, and help them grow their businesses,” said Michael Rumbolz, President and Chief Executive Officer, of Everi. “Our customers know Everi as a creator of world-class content with slot gaming entertainment that continues to raise the bar on excitement and player engagement. Our new interactive gaming capabilities build on this legacy with content that will enable operators to deliver the most compelling online gaming, social, casual, and mobile content and to build player loyalty for their unique and valuable brands.”

“Everi has an expansive library of tier one content that we can now bring directly from our land-based game development process to our new RGS,” said David Lucchese, Executive Vice President, Digital and Interactive Business Leader, for Everi. “While we are still early in the rollout of our interactive solutions, our capabilities and success in this segment continue to improve at a significant clip with Super Jackpot Slots™, already a top-rated, full-featured online social casino offering. We also have a tremendous library of high-performing stepper games that we are now leveraging including the successful launch of the High Rollin Vegas Slots™ online social casino. To date, our social and real-money interactive offerings are top performers and the launch of Everi’s RGS will be another catalyst as we ramp our activities. Our library uses proven land-based math models and themes that players love to play in both the three-reel mechanical and video multi-line games. Players connect and engage with Everi’s deep library of games and it’s exciting to be able to unlock this for online operators.”

At G2E, Everi’s Interactive division’s business discussions will include a focus on working with customers and partners to integrate with its RGS to bring proven, land-based tier one content to interactive and online channels. Discussions will also focus on establishing new relationships with brand and intellectual property owners to deliver these assets to both real-money wagering and social casino markets and seeking new affiliate partners and sponsorship/marketing opportunities for the Company’s social casino opportunities.

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About Everi
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a diverse portfolio of products including innovative gaming machines that Powers the Casino Floor®, and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Join Everi on Social Media
Twitter: https://twitter.com/everi_inc
LinkedIn: https://www.linkedin.com/company/everi
Facebook: https://www.facebook.com/EveriHoldingsInc/
Instagram: https://www.instagram.com/everi_inc

Product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.

Everi to Demonstrate Full Range of Financial Technology Solutions That Address the Current and Future Needs of the Gaming Floor at 2018 Global Gaming Expo

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 18th 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 non-gaming revenue.

“Each year, we process more than 100 million transactions across our secure network and drive almost $27 billion onto the floors of our casino partners,” said Michael Rumbolz, President and Chief Executive Officer, at Everi. “This scale and our expertise across the gaming industry’s financial technology space uniquely positions Everi to deliver integrated solutions that help casino operators maximize funds delivered to their casino floors while providing their guests with a rich, seamless experience. Our customers know that our commitment to innovation results in products that improve the efficiency of their cash access operations and provide them with the ability to make proactive and informed decisions around player behavior, such as through our Anti-Money Laundering (AML) compliance solutions. Everi’s advanced financial technology solutions on display at G2E 2018 will reinforce the fact we remain far ahead of the industry in creating products that address the industry’s current financial technology needs while also demonstrating the path forward as the market evolves.”

Darren Simmons, Everi’s FinTech Business Leader, added, “We’re focused on providing our customers with solutions that are fully integrated across all of the channels we address for the gaming industry’s financial technology needs. We remain committed to delivering industry-leading solutions that enable our customers to provide funds to the floor, meet their growing burden of regulatory obligations, and achieve the highest standard of network security, all with a keen eye on responsible gaming. This core foundation provides an excellent platform for Everi to develop the next generation of solutions that will provide customers with a 360-degree view of their guests, enabling them to make more informed decisions. These capabilities will be on display at G2E as we highlight how we are delivering the future of financial gaming technology, today.”

Everi FinTech product displays at G2E 2018 will also include integrated digital experience sessions where operators can interact with a combination of current, emerging, and future financial technology concepts, a new element for the show this year. Everi FinTech product demonstrations at G2E 2018 will include:

CashClub Wallet™ is a sophisticated, interactive digital wallet that consolidates payment options for players when integrated with Everi’s CashClub® software and full-service kiosks. CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino, and manage their spend limits, all aimed at supporting responsible gaming. CashClub Wallet also creates consistency across payment types through a convenient and efficient patron interface.

CashClub® Concierge is a personalized cash access cage service for VIPs as well as table games and high-limit room players that integrates mobile tablets and mobile point-of-sale (POS) devices through the CashClub software. CashClub Concierge eliminates the need for a player to move away from gaming to access additional funds as the product brings the cage to the player. Once players are enrolled in CashClub, they only need to visit the cage once for transactions to be authorized, retrieved, and completed on the floor.

Everi will have on display a number of its fully integrated kiosks including its newest full-service kiosks, the CXC 5.0 and CXC 5.0 L, that offer enhanced security features including self-frosting glass and a real-time rear view camera as well as plentiful branding and marketing space. Designed for smaller volume properties, the CXC 5.0 L offers similar services as the CXC 5.0, but with a smaller footprint and a lower price point. The space- and cost-efficient VersatileXchange™ (VXC) kiosk, a feature rich platform that can dispense cash or tickets, issue cards, convert currency, and/or configure enrollment, will also be on demonstration. All three of these kiosks will feature QuikTicket™, CashClub Wallet, ticket-in/ticket-out (TITO), bill breaking, and the Everi Cares™ Giving Module, the only premier cashless donation opportunity available in the gaming space.

Everi is teaming up with Atrient, a leading innovator in self-service loyalty kiosks for the gaming industry, to offer operators one-on-one demonstrations, showing how Atrient’s PowerKiosk™ combined with Everi’s multi-function CXC kiosks come together to enhance player loyalty and drive more funds to the gaming floor. Everi will also have two kiosks specifically tailored for international markets on display at the show.

Everi Compliance® AML solution is the gold standard for AML compliance across the industry. The product suite provides real-time tracking for all transactions on the casino floor and integrates with all major casino management systems. The system also completes, files, and archives forms required to comply with federal money laundering requirements.

Jackpot Xpress™ is a highly intuitive software platform that enables floor staff to securely and efficiently process jackpots using a mobile device (Jackpot Xpress Mobile) right at the player’s gaming machine or at the JackpotXchange® Lite (JXC-L) kiosk. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure kiosk payment, tax forms management, and AML tracking into a single solution. The technology effectively reduces or eliminates paper, reduces cage lines, player wait times, and improves efficiency of casino staff.

Everi’s CageXchange™ cash dispenser speeds up transactions, reduces cash shrinkage, and improves overall casino staff productivity. By reducing tedious manual cash counting, wait times are significantly shortened, allowing staff to focus more time on customer service and other cash room functions. CageXchange helps improve cage accuracy and stores cash securely, providing additional protection of funds while reducing counting and balancing times.

RecyclerXchange™ cash recycler removes the need for cashiers and tellers to count and verify currency, allowing staff to focus more time on customer service. RecyclerXchange automatically counts, stores, and sorts cash, allowing casinos to maximize cash inventory and tighten cash controls that positively impact operations. The product also increases a casino’s ability to flex services and space to meet evolving customer demands.

Everi’s CentralCredit® is the industry-leading repository for casino-related credit information and reporting to determine a patrons’ creditworthiness. The solution enables operators to quickly and efficiently make informed, proactive decisions for extending casino credit to patrons – as the platform provides real-time and seamless access to the industry’s largest gaming credit bureau. Similar to other solutions in Everi’s Intelligence toolkit, CentralCredit has helped operators grow market share and increase patron loyalty while increasing operational efficiencies.

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Everi FinTech to demonstrate full range of financial technology solutions that address the current and future needs of the gaming floor at 2018 Global Gaming Expo. October 9-11, Sands Expo. Booth #1116. https://bit.ly/2Jy8ZHr. #G2E2018 #everipowers

Everi Games to Display Most Diverse Portfolio of Hardware Platforms, Game Content, Player-Engagement Features, and Banked Solutions at 2018 Global Gaming Expo

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 18th 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 more than 90 original game themes inclusive of 15 licensed brand titles; industry-unique hardware platforms that enable new entertainment experiences; extensions for player-popular game themes; and the thrilling conclusion to the sixth annual 2018 TournEvent of Champions®.

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Our investments over the last several years in developing new gaming entertainment solutions and experiences for players have significantly expanded the areas of the slot floor we address. We continue to evolve our product portfolio to include new gaming cabinets, original content, games featuring licensed brands from iconic entertainment properties, and exciting game play features. As a result, our solutions engage players at higher levels and help casino operators generate higher returns on their investments in our products. The new hardware platforms and gaming content we will debut at G2E 2018 further raise the bar on the level of innovation and entertainment we provide to operators and their guests. Our team is excited to demonstrate these products for our customers at the show.”

Dean Ehrlich, Executive Vice President and Games Business Leader of Everi, added, “Our product development team is completely focused with a commitment to produce superior game content and hardware that creates unique player experiences that are sure to resonate throughout the slot floor. This focus has driven us to develop innovative cabinets and other hardware platforms as well as unique original content. Our new product introductions at G2E 2018 will continue our track record for delivering highly-differentiated form factors and game content. With our largest and most diverse display of new gaming entertainment solutions in Everi’s history, our booth at G2E 2018 is a must see for casino operators seeking products that will help them engage players and grow their business.”

Everi Games’ G2E 2018 product demonstrations will include:

Exciting New Hardware Platforms
As Everi continues to expand its game theme portfolio, the Company has developed new cabinets and other hardware platforms that help promote games, keep players engaged, and deliver new, immersive entertainment experiences. The new cabinet and hardware platforms debuting at G2E this year include:

The new Empire DCX™ premium video cabinet features dual curved 43-inch monitors with integrated edge lighting, a 4K display that provides an immersive player experience, enhanced game controlled lighting, and premium 4.1 surround sound. Expected to hit casino floors in mid-2019, the Empire DCX will debut at G2E with two branded game themes: The Mask™ and The Karate Kid™. The Mask slot game is based on New Line Cinema’s 1994 hit comedy that follow the misadventures of bank clerk Stanley Ipkiss, who is transformed into a manic hero when he wears a mysterious mask, and features exciting game play including mask reels with a nudge and pick feature and a free spin bonus. The Karate Kid is based on the popular feature film franchise [and now a Youtube Premium original series, Cobra Kai] that first debuted in 1984 featuring the struggles of Daniel LaRusso to overcome his transition to Southern California and a group of bullies with the help of Mr. Miyagi. The Karate Kid game features Miyagi Multipliers and a Young Hearts Respin that highlights LaRusso and his love interest Ali Mills.

Everi’s Renegade 3600™ offering is a larger-than-life hardware platform. The wide-area progressive (WAP) banked solution features three 43-inch convex curved monitors which combine to create a unique visual bonus experience along with a sign-based speaker package that supplements the sound capabilities of the individual Core HDX™ gaming cabinets. The platform offers a unique floor-wide celebration environment that is sure to turn heads. The Renegade 3600 will debut two new games: Smokin’ Hot Stuff Jackpots™, a new version of Smokin’ Hot Stuff™ based on the friendly and fiery comic book character, and Snoop Dogg Presents The Joker’s Wild™, which is based on the popular new Snoop Dogg-hosted version of the classic TV game show that airs on TBS and where players compete by matching symbols on three reels and answering questions.

Empire Arena™ offers an immersive gaming experience and bank-wide bonuses across a six-pod arrangement of Empire 5527™ cabinets, making it impossible to miss on the gaming floor. Empire Arena features edge-lit shelves and circular signage that amplifies the product’s merchandising capabilities. At G2E 2018, Empire Arena will be featured with four base video game themes and Discovery Channel’s Shark Week® bank wide bonus feature that brings undersea adventure to life in a spectacular way with big win celebrations.

Everi is a leader in the high-denomination three-reel mechanical reel market segment with games that continue to rank at the highest levels of industry performance. Building on this success, the Company’s new Skyline Revolve™ offering will introduce the first mechanical wheel top box feature for the popular Skyline™ top box which combines the traditional look and feel of the Player Classic® gaming cabinet with a vintage-inspired bezel for a thrilling reinvention of the classic mechanical cabinet. Skyline Revolve will debut at G2E with the latest extensions of games based on the Penn & Teller® and Casablanca® licenses, themes which have proven popular since their introduction on video platforms in 2016. The new platform also features dynamic lighting behind the wheel wedges and a physical bell that sounds during bonuses and big wins.

Growing Portfolio of Game Content
Everi has evolved its portfolio of gaming cabinets over the last several years and now delivers a broad range of unique cabinet designs to casinos across the U.S. and Canada. The Company is expanding its library of games featured on these cabinets and will highlight new and exciting gaming content at G2E 2018.

Since its introduction last year at G2E as a for-sale offering, the single-screen Empire MPX™ (the “E43”) has proven popular with players. With a smaller space requirement that allows for optimized bank configurations, the E43 enables operators to place more units in a dedicated space and save up to 25 percent of floor space compared to traditional bank configurations. The E43 features a 43-inch full HD display, game-controlled lighting with backlight feature, an ergonomic LCD button deck, and a USB charging dock.

New E43 standard games debuting at G2E 2018 include three new games for the Company’s Lightning Zap Jackpots™ series which does away with reels, lines, and pay tables to create an entirely new player experience. These new game extensions capitalize on the game’s proven formula for success with simplicity, random events, and huge upside. Each theme – Electric Rush™, Power Burst™ and Super Charge™ – offers different features and distinct volatility levels. Everi’s Apex Edge™ topper, a 27-inch monitor that sits atop the E43 cabinet and features game controlled edge lighting and unique game content displayed on the screen, will be featured on E43 for-sale offerings at the show. MoneyBall® will also debut on the E43 standard cabinet featuring a random ball that awards static jackpots in a unique bonus event execution.

A new premium offering for the E43 cabinet that will debut at G2E is South Park®, the wildly successful animated sitcom on Comedy Central that is currently in its 22nd season. The game incorporates some of the show’s more unforgettable scenes and characters including They Killed Kenny free spins, a Professor Chaos multiplier feature, and Cupid Me Wilds features.

The Empire 5527™ premium cabinet features a portrait-oriented 55-inch upper display and landscape-oriented 27-inch lower display to dazzle players. The Empire 5527 leverages proven technology from the Empire MPX to deliver an exciting new player experience with visuals never before seen on an Everi gaming device. New games debuting on the Empire 5527 cabinet include Press Your Luck®, based on the popular television game show which brings the excitement of table play to the slot floor. Felix the Cat®, a new game based on the iconic character that sprang from the age of silent films and first debuted nearly 100 years ago, will also be on display. Felix the Cat features seven interactive bonuses, progressives available on all bets, and easy to understand all scatter pays.

Since its introduction in early 2017, Everi’s Core HDX® gaming cabinet has proven to be popular with players with its dual widescreen 23-inch, 1080p HD monitors, integrated touchscreens, and premium 3-way sound system. Lazer Lock™, a banked multi-denomination linked progressive offering with four themes – Jade Empire™, Ice Sapphire™, Flame Ruby™, and Pharaoh’s Treasure™ – will be featured on the Core HDX. Lazer Lock features two unique free spin bonuses – one with wild multipliers and another with a three-reel symbol – and higher bets that provide players with better progressive odds. Everi will also have on display Pop-N-Win™ on the Core HDX. Pop-N-Win is a banked, premium linked progressive game that features a custom faux-skill bonus game that mimics an asynchronous timed TournEvent® style game. Yardbirds 2 Foxy's Revenge®, Shark Attack®, and Honey Bear® will be featured as the base games at the show.

For the popular three-reel mechanical reel Player Classic® cabinet, Everi is bringing several new innovations to G2E. Cash Machine™ is the only stepper game of its kind with easy to understand game play and a max bet feature that activates all reels, and Hundred or Grand™ offers simple all or nothing gameplay for the hi-denomination player with only two available prizes – 100 credits or 1,000 credits. In addition, the legendary country music of Willie Nelson, one of the most iconic American singer-songwriters of all time, will be featured in a follow-up to the successful WAP games introduced earlier this year for Class II and Class III markets. Willie Nelson’s On the Road Again™ is a new banked concept that features a symbol-triggered progressive and an opportunity to respin up to nine times with a winning spin.

Everi will also introduce the Player Classic 26, adding a 26-inch top box to the Player Classic cabinet with the Liberty Spirit™ theme among others. The Player Classic Boost, which integrates an Apex N™ topper, is a for-sale linked progressive offering and will feature several games including Wild Electric Diamond™, Wild Jewels™, and Wild Gems Extra Spin™.

Sixth Annual TournEvent of Champions
The award-winning, industry-leading TournEvent slot tournament solution has been a centerpiece of Everi’s G2E presence for more than 10 years and on casino floors for nearly as long. Everi will again host The Million Dollar Event®* at G2E 2018, bringing to an exciting conclusion the 2018 TournEvent of Champions, which kicked off in May 2018.

Now in its sixth consecutive year, the 2018 TournEvent of Champions featured three tour buses and The Money Man® visiting 104 partner casinos across the United States and Canada. More than 200,000 participants competed in TournEvent qualifiers to identify the 166 players who will compete on October 10 at XS in the Wynn/Encore Las Vegas Resort for a share of more than $1.3 million in cash prizes, including a $1 million* top prize. Everi will live stream all of the action via Facebook Live on its TournEvent of Champions and Super Jackpot Slots™ Casino Community Facebook pages.

*Payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

Everi and Intelligent Gaming Systems Enter Into Reseller Agreement to Address U.K. Market

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 provide funds to the floor, perform at their peak efficiency, and promote responsible gaming. We also look forward to collaborating with Intelligent Gaming on product integrations that will further streamline cash desk operations and allow us to introduce new financial technology products to the U.K. market.”

“Everi is a leading payments provider to gaming establishments in the U.K. and we’re excited to be working together,” said Martin Sykes, Managing Director, of Intelligent Gaming. “Through this reseller agreement, we look forward to working closely with Everi to help customers achieve tangible operational improvements and the highest standard of accountability.”

Intelligent Gaming will primarily represent Everi’s CasinoDirect™ kiosk solution with its enhanced U.K. cloud-based software platform. The General Data Protection Regulation (GDPR) compliant software provides players a simple interface to begin their cash advance transactions right on the gaming floor while cashiers are provided with a single, easy-to-use dashboard that streamlines the retrieval of cash advance transactions.

As part of the agreement, Intelligent Gaming will provide local 24-hour help desk services and first level support while Everi will maintain on-site technical and second level support. Issue tracking and management has been integrated into Intelligent Gaming’s current system services organization.

Everi to Showcase Transformative Casino Products at OIGA 2018 Conference and Tradeshow

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 access, improve cash handling, and provide data driven solutions. Put simply, our comprehensive product portfolio helps operators increase performance and efficiency.”

Highlights of the Company’s gaming products and financial technology solutions on display at the OIGA show (Booth #1026) include:

Games Product Portfolio 

The for-sale Empire MPX™ (E43) platform is a premium, space efficient gaming cabinet now available with more than 15 game themes. E43 features a 43” 1080p HD portrait display, game-controlled lighting, and a convenient charging station for mobile devices. Fu Xuan®, Bai Shou Feng Xiang™, and Sheng Shi Gui Fei™ will be featured on the E43 at the OIGA show along with Lightning Zap™, an innovative game featuring no reels or pay tables and fast game play.

Customers will also have the opportunity to experience the recently debuted Buffy the Vampire Slayer™ game theme, based on the wildly popular '90s television show, and Warner Bros.' beloved musical Singin’ in the Rain™ on the E43 cabinet.

Launched in March 2018, the Empire 5527™ platform is a new premium gaming cabinet that features a portrait oriented 55-inch upper display and landscape oriented 27-inch lower display. The cabinet incorporates game-specific merchandising packages featuring toppers and side LED panels that stand out on the casino floor. Games featured on the E5527 on display at the OIGA show will be The Brady Bunch™, based on the popular '70s television show; Fruit Ninja™, one of the most downloaded social games of all time; and Felix the Cat™, the black-and-white cartoon born in 1919 during the silent film era.

Everi’s Player Classic® mechanical reel games feature eye-catching merchandising including a 55-inch sign display surrounded by backlit plexiglass and pod fillers that showcase game themes. The Company will showcase one of the most iconic American singer-songwriters of all time, Willie Nelson, in two games – Willie Nelson’s Shotgun Willie™ and Willie Nelson’s Whiskey River™ – on the Player Classic slot machine.

Financial Technology Solutions

Everi will demonstrate a number of its intuitive and flexible financial technology solutions at the OIGA show including:

  • CXC 5.0 – the newest full-service kiosk offers enhanced security features including self-frosting glass and a real-time rear view camera as well as plentiful branding and marketing space.
  • VersatileXchange™ (VXC) – a space- and cost-efficient kiosk packed with versatility to dispense cash or tickets, issue cards, convert currency, and/or configure enrollment.
  • Jackpot Xpress™ – an easy-to-use software platform that enables floor staff to securely and efficiently process and pay jackpots using a mobile device or the JackpotXchange® Lite (JXC-L) kiosk, all designed to alleviate cage lines and player wait times.
  • CageXchange™ – a durable, space saving cash dispensing system that expedites transactions, reduces exposed cash, and improves overall player experience.
  • CashClub® Wallet™ – an interactive electronic wallet that enables players to store multiple payment methods and funds and easily move those funds in, around, and out of the casino as well as manage spending limits, all aimed at creating a better user experience that supports responsible gaming.
  • CashClub Concierge – a personalized cash access cage service for VIPs and high-limit room and table game players that is fully integrated with mobile tablets and POS devices via Everi’s CashClub software.

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Everi to showcase transformative casino products at OIGA Conference and Tradeshow. 6/24-25 in Oklahoma City. https://bit.ly/2Jy8ZHr. #okindiangaming #everipowers

Everi to Showcase Gaming Technology Solutions Leadership at 2018 Indian Gaming Tradeshow & Convention in Las Vegas

LAS VEGAS, April 16, 2018 (GLOBE NEWSWIRE) -- 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 33rd 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 Class III Native American gaming partners. As a long-time partner of Native American operators, Everi has created a broad portfolio of cutting edge gaming technology solutions that highly enhance the player experience with our leading gaming entertainment solutions while significantly improving the efficiency of our customers’ cage, cash access and compliance operations. Our product demonstrations at NIGA will also showcase the significant investments we are making in the development of innovative gaming technology solutions to support our tribal customers, including new cabinets and creative new games, as well as further enhancements to our leading payments solutions. In a rapidly evolving environment, Everi remains deeply committed to understanding our partners’ needs and we believe that we are a partner of choice for the Class II and Class III Native American gaming market. We look forward to welcoming NIGA attendees to Las Vegas as we work together to create a world-class gaming experience.”

Diverse, Growing Portfolio of Games Products

Everi Games’ product momentum continues to increase and the solutions on display at NIGA 2018 will clearly demonstrate the Company’s exciting and growing lineup of powerful new cabinet options designed to leverage Everi’s new licensed and original content game themes. Key highlights of the Everi Games display at NIGA 2018 (Booth #1146) include:

The Empire MPX™ (“E43”), which is available for sale with twelve themes, giving casinos the variety they need to entice their patrons to come back wanting more. A highlight from the game mix is Lightning Zap™, an innovative game with no reels and fast game play that has shown outstanding performance in initial field placements.

Everi will also debut the much anticipated Buffy the Vampire Slayer™, based on the wildly popular 90s TV show that has since led to successful movies and books thanks to a strong cult following. The company will also display the classic musical Singin’ in the Rain™ starring Hollywood icon Gene Kelly. Both of these titles will reside on the E43 cabinet for the participation segment of tribal casino slot floors.

The all-new Empire 5527™ (“E5527”) launched in March 2018 and will feature three exciting licensed themes, The Brady Bunch™, based on the popular 70s TV show, Fruit Ninja™, one of the most downloaded casual social games of all time, and Felix the Cat™, the black-and-white cartoon born in 1919 during the silent film era. Everi’s E5527 provides an inviting experience for players, featuring a 27” main display and an edge-lit 55” portrait top display with game-controlled lighting. The E5527 leverages the Empire MPX™ base to allow operators to configure the cabinet in ways that save valuable floor space while giving casino patrons plenty of room to play comfortably. These premium cabinets also include game theme specific merchandising packages featuring toppers and side LED panels, making games stand out on the casino floor.

The legendary country music of Willie Nelson, one of the most iconic American singer-songwriters of all time, will debut on slot floors with two new games for Everi’s Player Classic® mechanical reel cabinet: Willie Nelson’s Shotgun Willie™ and Willie Nelson’s Whiskey River™. These classic Everi mechanical reel games feature eye-catching merchandising such as a 55" sign display surrounded by backlit plexiglass, as well as pod fillers that showcase the game themes. With Everi’s proven mechanical reel game track record, don't miss out on these brand new games which combine the song stylings of Willie Nelson with classic Everi game mechanics.

Everi will also showcase Everi Bet™ 2.0, which was recently unveiled on the list of Casino Journal's Top 20 Most Innovative Gaming Technology Awards 2017. Everi Bet™ 2.0 increases the configurable options for casino operators to assign individual payback, or Return to Player (RTP), to each bet increment. This feature incentivizes players to bet up from minimum wagers and receive better rewards through a more favorable paytable and RTP based on the higher wager.

Leading Provider of Payments Solutions
Everi Payments products on display at NIGA 2018 will focus on bringing innovation to floor-wide cash access, improving cash handling on the casino floor, and providing data driven solutions:

CashClub Wallet™ is a sophisticated, interactive, electronic wallet that consolidates payment options for players when integrated with Everi’s CashClub® software and full-service Xchange kiosks. CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino, and manage their spending limits, thus supporting responsible gaming initiatives. CashClub Wallet also creates consistency across payment types through a convenient and efficient patron interface.

Everi’s newest full service kiosks, the CXC 5.0 and CXC 5.0L, offer enhanced security features including self-frosting glass and a real-time rear view camera to give casino patrons a more private and secure cash access experience. Built with the operator in mind, the CXC 5.0 kiosk provides ample branding and marketing space on the second screen as well as on custom fit LCD panels between each kiosk in wall or pod configurations. These newest kiosks also offer the Company’s same great functionality such as ATM, bill break, ticket redemption, QuikTicket™, and Giving Module with a more sophisticated, secure and appealing look. Operators selecting the CXC 5.0L benefit from similar properties, security features and marketing opportunities, all on a smaller footprint device.

Everi Cares™ Giving Module, Everi’s revolutionary new socially conscious ticket redemption product, provides players with the opportunity to donate the change (or more) from their gaming ticket to select charities. Everi Cares Giving Module is a recipient of Casino Journal's Top 20 Most Innovative Gaming Technology Awards 2017 and is now available on more than 173 kiosks at properties across the United States. In the first three months of 2018, Everi Cares Giving Module facilitated donations of almost $50,000 to thirteen national and regional charities. For one charity in Oklahoma, the amount of donations received in January and February 2018 is equivalent to providing roughly 16,000 free meals to the community.

AML Intelligence for Everi Compliance® combines the Company’s deep experience in gaming AML with VizExplorer’s industry-proven analytics platform to help operators quickly identify potentially suspicious activity. As casino systems create an ever-increasing amount of data, proper tools are necessary to sift through this data to extract meaningful intelligence and insight. AML Intelligence provides operators with easy-to-use tools for searching, case management, subject management and monitoring that are needed for federally mandated compliance.

NIGA Charity Slot Tournament Returns for 2018
For the second year running, Everi is bringing its Charity Slot Tournament to the NIGA show floor. Leveraging the Company’s industry-leading TournEvent slot tournament solution and hosted in partnership with NIGA Chairman Ernest Stevens, Jr., the Charity Slot Tournament benefiting Spirit of Sovereignty will be held at Everi’s booth (#1146) at the Las Vegas Convention Center on Friday, April 20 at 10:30 am PT.

Spirit of Sovereignty was established in 2002 as the charitable arm of NIGA and is a NIGA-advised donor fund at the Indian Land Tenure Foundation. It directly supports the efforts of Native Americans and Native American tribes to achieve self-determination through educational opportunities and positive children’s programming.

The first-place winner of the Charity Slot Tournament will direct up to $10,000 of the charitable proceeds to the program of their choice within the Spirit of Sovereignty, supporting scholarships at tribal colleges or programs serving Native youth on the reservation of their choice while the second and third place finishers will direct up to $5,000 and up to $3,000, respectively, based on number of participants. Visitors to NIGA 2018 are invited to attend and cheer on the participants as they compete to benefit this worthy cause.

Buffy the Vampire Slayer TM & © 2018 Twentieth Century Fox Film Corporation. All rights reserved.

SINGIN' IN THE RAIN and all related characters and elements © & ™ Turner Entertainment Co. (s18)

TM & © 2018 A CBS Company. THE BRADY BUNCH and related marks and logos are trademarks of A CBS Company. All Rights Reserved.

Fruit Ninja: TM © Halfbrick Studios. Used under license. All rights reserved.

Felix the Cat © 2018 Classic Media, LLC. All Rights Reserved

Willie Nelson™ and © WN Family Partnership, LTD. Used under license. All rights reserved.

Willie Nelson-Themed Games Go Live on Everi's New Wide-Area Progressive Link

LAS VEGAS, March 28, 2018 (GLOBE NEWSWIRE) -- 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 of three Shotgun Willie symbols or three Whiskey River symbols awarding the WAP jackpot prize.

Everi also announced that a lucky player recently won a $115,900 jackpot, the third-ever awarded on the Company’s Class II WAP link. The lucky winner hit the jackpot at WinStar World Casino and Resort in Thackerville, OK while playing Smokin' Hot Stuff™, the licensed theme based on the classic Harvey comic character, Hot Stuff the Little Devil, who debuted in 1957. This most recent jackpot celebration comes a mere 4 days after a lucky player won a nearly $1 million jackpot at the new RiverStar Casino in Terral, OK.

Jackpot Lockdown™ was one of the first WAP links developed exclusively for Class II markets, going live in March 2017 at four casinos. Now, with the launch of Willie Nelson-themed games, Everi expands its WAP offerings to also serve Class III tribal gaming operators and is currently live in 30 casinos across 10 states.

“Our wide-area progressive link continues to deliver value for our customers by bringing exciting gaming entertainment with the chance for significant jackpot awards,” said Dean Ehrlich, Executive Vice President and Games Business Leader for Everi. “With multiple jackpots already awarded, our WAP games are growing in popularity with players. With the recent debut of games based on the iconic career of Willie Nelson, we are further raising the bar on player-appealing content available for our WAP link and extending the excitement of this WAP offering to our Class III tribal customers. With these new game introductions and the expected level of WAP placements in the coming months, we are demonstrating further progress on our key strategic initiative of growing our premium games installed base.”

Willie Nelson’s Shotgun Willie and Willie Nelson’s Whiskey River TM and ©WN Family Partnership, LTD. Used under license. All rights reserved. 

Hot Stuff the Little Devil © 2018 Classic Media, LLC. All Rights Reserved.

Everi Partners With Leading Independent Game Design Studio, bZillions, for Development of New Game Content

LAS VEGAS, March 21, 2018 (GLOBE NEWSWIRE) -- 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 player-popular games throughout the years.  bZillions’ team of game developers has extensive expertise in developing games for both Class III and Class II markets with its latest success developing a significant large-format gaming device.     

Dean Ehrlich, Executive Vice President and Gaming Business Leader for Everi, said, “This  partnership with Steve and the design team at bZillions expands our ability to bring additional exciting new content that delight players, to casinos across North America.  bZillions has a track record of creating product that drives increased performance on all sorts of different platforms.  We’re excited to work closely with them as they leverage our next generation hardware platforms including our recently introduced E43. bZillions will also utilize the mechanical reel, large format The Texan HDX® cabinet, and our soon to be released E5527 cabinet to bring unique new gaming content to our customers and their players.”

Steve Weiss, founder and Chief Executive Officer of bZillions, added, “Partnering with Everi to develop new game content exclusive for their advanced platform and exciting new gaming cabinets is an excellent opportunity for bZillions to demonstrate our expertise in creating innovative new gaming entertainment experiences to market.  We are excited for the opportunity to create content that utilizes the capabilities of Everi’s innovative new and existing gaming cabinets to bring new levels of excitement and engagement to players.”

Lucky Player Hits Nearly $1 Million Jackpot on Everi Class II Wide-Area Progressive

LAS VEGAS, March 12, 2018 (GLOBE NEWSWIRE) -- 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 hit a life changing jackpot,” said Dean Ehrlich, Executive Vice President and Games Business Leader for Everi. “Thanks to increasing player demand, more and more casinos are installing our high-performing games as they seek to increase the amount of value added content featured on their slot floor. Our premium games are an important component of our overall product strategy and we are excited that our games are resonating with a growing number of players.”

Everi Extends Agreement With New York Lottery to Provide Video Lottery Gaming Central System

LAS VEGAS, Feb. 06, 2018 (GLOBE NEWSWIRE) -- 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 order to ensure that the New York Lottery continues to benefit from a state-of-the-art system for the management of VLTs provided by the two current vendors.  We are honored to have helped drive the past success of video lottery gaming in New York State and to be selected by the New York Lottery to continue to help them going forward.”

Brad Maione, Communications Director of the New York State Gaming Commission said, “We have had tremendous success with video lottery gaming at racetracks across the State as a result of working with technology partners such as Everi.  We are pleased to be moving forward through this extension with a valued partner as we continue to look to grow contributions from VLTs which provide an important source of funding to New York State.”

Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” as defined in the U.S. Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “goal,” “target,” “future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “project,” “may,” “should,” or “will” and similar expressions to identify forward-looking statements.  The forward-looking statements in this press release are subject to additional risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our filings with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the fiscal year ended December 31, 2016 filed with the SEC on March 14, 2017 and subsequent periodic reports, and are based on information available to us on the date hereof. These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statement contained herein speaks only as of the date on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Everi Appoints Harper Ko, Executive Vice President, Chief Legal Officer – General Counsel

LAS VEGAS, Jan. 16, 2018 (GLOBE NEWSWIRE) -- 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 business units.  In her role as Deputy General Counsel, Gaming, Ms. Ko served as a strategic advisor to their Gaming unit executive management team for all commercial matters including material commercial transactions, customer and third-party matters, and regulatory compliance and litigation matters.  She joined Scientific Games following its acquisition of Bally Gaming, Inc. in November 2014 where she served as Assistant General Counsel beginning in November 2007.  Prior to that Ms. Ko was a Contract Attorney with Harrah’s Operating Company and Associate Corporate Counsel for Aristocrat Technologies, Inc.  Ms. Ko began her career in the gaming industry as Staff Counsel for WMS Gaming Inc. from May 2000 to August 2004.

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “Harper brings to our executive team a deep knowledge and expertise of the gaming industry’s unique regulatory and compliance issues as well as a significant track record of success in helping to foster commercial relationships with customers and vendors.  Harper possesses the ideal skill set to help Everi shape strategies to address the industry’s complex legal and regulatory environment.  We are pleased to have attracted a general counsel with Harper’s level of expertise, experience and accomplishments and we look forward to the benefit of her counsel and contributions.”

Harper Ko commented on her appointment, “I was attracted to Everi and the opportunities for continued growth in its Games and Payments segments as well as its commitment to integrity in its business practices.  I look forward to working with Mike and the entire Everi team as we continue to execute on our strategic priorities.”

Ms. Ko holds a J.D. from Chicago-Kent College of Law, and a B.S. in Psychology as a Natural Science from the University of Michigan.  She is a Board Member at Project 150, a 501(c)3 non-profit charitable organization committed to helping over 2,500 students in 45 high schools across Las Vegas and a member of the Executive Leadership Committee for the Go Red for Women, American Heart Association.  Ms. Ko previously served as an Officer (co-General Counsel, Vice President) of the Association of Gaming Equipment Manufacturers, and was honored with the Rising Star Award by Great Women in Gaming.

New Everi Cares Giving Module Creates Charitable Contribution Option Directly From the Casino Floor

LAS VEGAS, Nov. 06, 2017 (GLOBE NEWSWIRE) -- 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 debut of the revolutionary new Everi Cares™ Giving Module following the recent successful completion of a 30-day beta trial at a Las Vegas casino. Designed to make social consciousness a convenient priority on the casino floor at the time of a kiosk-based voucher redemption, Everi Cares Giving Module allows players to easily donate funds to fully vetted charities and enables casinos to give back to their communities, enhance their own corporate responsibility programs, and better engage with players looking to donate to charities.

“We are delighted to add this innovative new capability to our world-class Payments product suite and make it available to our customers for the first time,” commented Michael Rumbolz, President and Chief Executive Officer of Everi. “The Everi Cares Giving Module offers a completely new and convenient way for casinos and their players to make a powerful positive impact on their local community by creating a direct link between the casino floor and worthy local charities. This easy to implement new product offering is unique to Everi and greatly expands the capabilities and power of our Payments solutions while providing noticeable operational and marketing benefits for casino operators.”

Everi Cares Giving Module provides an opportunity for players redeeming a gaming voucher at an Everi full service kiosk to donate all or part of their ticket to select charities.

Mr. Rumbolz added, “Everi is dedicated to helping our customers support the communities in which they operate and we are excited to provide them with this tool which ultimately benefits everyone. The introduction of the Everi Cares Giving Module follows on previous charitable programs such as our TournEvent® for Charities held at the Global Gaming Expo and our Tribal Leaders Charity Slot Tournament at the Indian Gaming Tradeshow & Convention, along with countless other events and causes supported by the Company and our team members each year. We look forward to rolling this new product out to our customers in the coming months.”

Casino operators are also positioned to benefit in their operations and community relations when implementing the Everi Cares Giving Module in their full-service kiosk footprint. Operationally, it helps reduce the amount of abandoned vouchers and lowers coin handling expenses by pushing coin redemption awards towards charitable donations and, potentially, eliminating the need for coins on the casino floor. In addition, it helps casinos in their community relations programs as it increases the profile of local charities in the eyes of players, creates an initial player-charity relationship, builds community awareness for casinos and appeals to the generosity of the millennial generation.

Everi Crowns 2017 TournEvent of Champions® Winner in Exciting October 4 Finale at XS Nightclub in Las Vegas

James W. from Potawatomi Hotel & Casino Awarded $1 Million Grand Prize*

 

LAS VEGAS, Oct. 05, 2017 (GLOBE NEWSWIRE) -- Following a thrilling slot tournament competition on October 4 at XS Nightclub in the Wynn/Encore resort in Las Vegas, Nevada, James W. representing Potawatomi Hotel & Casino in Milwaukee, WI bested 172 competitors to win the 2017 TournEvent of Champions® grand prize of $1 million* and a cruise for two on a Norwegian Cruise Line® ship.  Last night was truly a special night for the winner as his big win came on the eve of his 49th wedding anniversary.


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/44e17809-d001-4c60-88f0-ad655326966d

Presented by Everi Games Inc. and now in its sixth year, the TournEvent of Champions and The Million Dollar Event™ final in Las Vegas is the gaming industry’s premier slot tournament featuring a championship round with $1.3 million in total cash prizes. This year’s event included more than 225,000 players at 107 casinos from across the U.S. and Canada who participated in qualifying slot tournaments to earn a spot at the championship in Las Vegas.

“On behalf of Everi, our congratulations go out to James from Potawatomi Casino. Last night was the culmination of months of work by our casino partners who host the TournEvent of Champions qualifying events and provide the growing excitement on which our event thrives,” said Ed Peters, Everi Executive Vice President, Sales and Marketing. “We are also grateful to the 2017 TournEvent of Champions finalists for their competitive spirit and enthusiasm which makes this tournament so memorable.”

The popularity of TournEvent of Champions continues to grow and was a huge success in 2017 thanks to the dedicated event team at Everi, our participating casinos, and the amazing staff at Wynn/Encore. The 2017 TournEvent of Champions was sponsored by: Effinet, Norwegian Cruise Line, Quixant, Southern California Gaming GuideSouthern and Midwest Gaming and Destinations, Creative Surfaces, PC Promotions, Sparco, Columbus Data Services, and Sequel Data.

Linda Trinh, Everi Vice President of Marketing & Promotions, added, “TournEvent of Champions is a true team effort and we are delighted by the success of our 2017 campaign which was made possible by the support of our casino partners and generous sponsors. The Everi team is looking forward to our 2018 campaign which will again culminate in Las Vegas with a $1 million grand prize for one lucky slot player.”

As a precursor to The Million Dollar Event, the fourth annual TournEvent for Charities celebrity slot tournament took place on Wednesday, October 4 in Everi’s booth (#1116) at the Global Gaming Expo®TournEvent for Charities featured 20 celebrities—including Penn & Teller and Robin Leach— competing in a fun-filled slot tournament on behalf of their favorite charities. In the end, Ricardo Lagunaprofessional BMX rider and star of MTV Tr3s' The Ricardo Laguna Project, claimed victory and the $10,000 winner’s check on behalf of his charity, Nevada SPCA. The remaining charitable organizations selected by the participating celebrities were winners in their own right, sharing in the nearly $40,000 in contributions made by Everi.  Additionally, Everi donated $20,000 to The National Compassion Fund, which provides a single, trusted way for the public to donate directly to victims of mass crime, in this case, victims of the October 1 shooting in Las Vegas.

For more information about TournEvent of Champions, please visit www.tournevent.com.

*The One Million Dollar Grand Prize awarded using periodic payments over 20 years or in a lump sum, present day cash value payment.

Everi Games’ Display at 2017 Global Gaming Expo to Feature Company’s Most Expansive Portfolio of New Hardware Platforms, Game Content and Game Features

G2E Highlights Include Debut of All-New Empire 5527 Premium Cabinet; Expanded Portfolio of Licensed Content with New Themes such as The Brady BunchWillie Nelson, Buffy The Vampire Slayer, Knight Rider, Singin’ in the Rain and Discovery Channel’s Shark Week

Company to Celebrate Blockbuster Finale of 6th Annual TournEvent of Champions

LAS VEGAS, Sept. 28, 2017 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), will demonstrate its position as the only gaming technology provider that can deliver a comprehensive portfolio of gaming entertainment and payments solutions to help casino operators deliver a winning experience for their players at the 17th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1116) in Las Vegas, Nevada from October 3-5.  Alongside a deep lineup of new, innovative Payments solutions, Everi Games will display the most diverse set of gaming entertainment products in its history, including more than 90 unique game themes and seven new licensed titles, new hardware and game innovations, an exciting upgrade for the award-winning TournEvent® slot tournament solution and, for the sixth consecutive year, the thrilling conclusion to the 2017 TournEvent of Champions®.

Michael Rumbolz, President and Chief Executive Officer of Everi, commented, “By leveraging our growing talent base and customer-centric development strategy, the Games team’s expertise and focus continues to establish Everi as a leading full-service gaming equipment provider. I am excited for customers to see first-hand the potential of our product portfolio to aid in their efforts to provide guests with leading gaming entertainment solutions. As the industry’s only provider of games and payments solutions, I believe Everi’s booth is a must-see destination at the show.”

Dean Ehrlich, Executive Vice President and Games Business Leader of Everi, added, “Our product roadmap strategy will be on full display at the 2017 Global Gaming Expo. Our talented development team has created a strong array of new cabinets and game themes that will keep players engaged and energized, and our customers will see Everi’s clear commitment to help them achieve their objectives.  We look forward to welcoming customers to our booth at G2E 2017 and showing them how we can work together to drive growth in their casino business.”

Everi Games’ G2E product demonstrations will include:

Exciting New Hardware & Innovation 
With the continued expansion of the Company’s game theme portfolio to include new premium and licensed content, Everi is set to debut an exciting lineup of powerful new hardware options that leverage the new game themes to create unique gaming experiences.

Everi will debut the Empire MPX™ cabinet, (also dubbed the E43), as a for-sale offering with non-licensed themes at G2E. Thanks to its unique cabinet shape that allows for optimized bank configurations, the E43 cabinet allows operators to place more units in a dedicated space and save up to 25% casino floor space compared to traditional bank configurations. The E43 also features a 43-inch full HD display, game-controlled lighting with backlight feature, and a new ergonomic LCD button deck with USB charging docks.

The all-new Empire 5527 premium lease cabinet features a portrait-oriented 55-inch upper display and landscape-oriented 27-inch lower display that are sure to dazzle players. The Empire 5527 cabinet leverages proven technology from the Company’s Empire MPX to deliver an exciting new player experience with visuals never before seen on an Everi gaming device.

Upping the bar to create immersive gaming experiences and engaging player bonus features, Everi is introducing its next-generation Nitro™ media system to new areas of the slot floor at G2E 2017. The Nitromedia system helps power new visual effects and engaging game features that can be displayed bank-wide across connected top box screens as well as on overhead signs and toppers such as the Company’s 65-inch, full HD overhead Foundation™ sign.

By leveraging the combined power of the Empire 5527 and Nitro, Everi will debut an all-new premium banked game solution. The new Empire Arena creates immersive gaming experiences and bank-wide bonuses that are sure to grab players’ attention from across the entire gaming floor.

A new larger-than-life sign package, Renegade 3600™, delivers three 43-inch convex curved monitors which combine to create a unique visual bonus experience, and its sign-based speaker package supplements the sound capabilities of the individual gaming cabinets to offer a unique floor-wide celebration environment that is sure to turn heads.

Everi Bet™ version 2.0 will be implemented on a variety of new titles. The newest version of Everi Bet builds on the revolutionary original offering and allows operators to optimize their gaming floors by easily configuring enabled games while preserving hit rates and maintaining intended volatility.  Everi Bet 2.0 will also include accelerated game features as the players ramp up their bets on certain new theme deployments.

Exciting New Licensed Content
Everi’s strategic focus on expanding its portfolio of third-party content continues to leverage brands and themes that lend themselves to logical player appeal and innovative game play mechanics. The fruits of this ongoing effort will be on full display at G2E 2017 as Everi will debut exciting new games based on well-known entertainment properties, personalities and characters – including The Brady Bunch™,Willie Nelson™Buffy The Vampire Slayer™, Knight Rider™, Singin’ in the Rain™, Discovery Channel’s Shark Week™, and Hot Stuff™ – that are sure to raise the bar for players.

The legendary country music of Willie Nelson, one of the most iconic American singer-songwriters of all time, will debut on slot floors with two new games for Everi’s Player Classic® mechanical reel cabinet – Willie Nelson’s Shotgun Willie™ and Willie Nelson’s Whiskey River™.

The new Buffy The Vampire Slayer for the Empire MPX cabinet is a 5-reel, 1024-ways video game that showcases Buffy Summers, Sarah Michelle Gellar’s popular “Slayer” character, battling against the vampires and demons of the paranormal world that emanates from the Hellmouth beneath Sunnydale High School’s library.

Knight Rider, the classic NBC television series starring David Hasselhoff as Michael Knight and his AI-equipped car,  KITT, comes to life on both the Core HDX® and Player HD® cabinets in a new 5-reel, 30-line video game.

Singin’ in the Rain, based on the classic American romantic-comedy movie musical which ranks in the top ten on the American Film Institute’s 100 Greatest American Movies of All Time list, is a new 3-reel, 5-line mechanical game making its debut on the Skyline cabinet. Featuring a symbol-triggered Wide-Area Progressive jackpot award and a free spin bonus that showcases the iconic song and clips from the film, this new game will surely excite traditional mechanical game players.

A new key content introduction for Empire Arena is Discovery Channel’s Shark Week bank-wide bonus game. Shark Week brings undersea adventure to life in a spectacular new way as the capabilities of Nitrodrive thrilling new bank-wide bonus offerings and big win celebrations for a banked array of six gaming devices. The immersive environment features colorful tropical fish and sharks swimming in constant motion across the Nitro System-controlled top screens, interacting with the on-screen coral reef and even down onto the player’s LCD button panel, providing stunning visuals that draw players’ attention from across the slot floor.

The debut game for the Empire 5527 is The Brady Bunch, a new licensed title based on the classic 1970’s sitcom. Under license by CBS Consumer Products, it will feature the show’s beloved characters along with a variety of bonus games that include video clips and sound from the show’s most memorable moments. There are multiple mystery bonus triggers and two exciting picking bonuses – including the Hawaii Pick, which offers the chance to win the Grand Progressive, and the Sunshine Day free spins, which offers a frequent retrigger and increasing multiplier – along with a featured “Marcia, Marcia, Marcia” bonus that brings Maureen McCormick’s legendary Marcia Brady character to life.

Hot Stuff’s Diamond Blaze™, Everi’s new Class II and Class III WAP banked solution, creates a larger-than-life experience for the entire casino floor thanks to the new Renegade 3600 sign package. Renegade 3600 creates a unique visual bonus experience by combining three 43-inch convex curved monitors and individually controlled LED lighting around each monitor for exciting big win anticipation and a celebratory light show.

TournEvent Innovation Continues
The award-winning, industry-leading TournEvent slot tournament solution has been a centerpiece of Everi’s Global Gaming Expo presence for more than nine years and a centerpiece of casino floors for nearly as long. Offering unparalleled operator flexibility and player entertainment, and powered by NitroTournEvent 5.0 takes the TournEvent fun to a new level with a number of administrative upgrades and exciting new out-of-revenue games.

During G2E 2017, Everi will feature two exciting tournament events in its booth (#1116) on the show floor, putting the TournEvent bank on display to good use. First, the Company presents it’s first-ever TournEvent for Customers on Tuesday, October 3, at 2:00 p.m. Everi will also host celebrities and media personalities who will compete in the TournEvent for Charities on Wednesday, October 4, at 11:00 a.m.The event will feature 24 Las Vegas celebrities and media personalities playing for a share of the $40,000 prize pool for charity.  Both of these high-profile events will be played on the newly released Fruit Ninja TournEvent game.

The 2017 Global Gaming Expo will also serve as the host for The Million Dollar Event®*, the always exciting culmination of the 2017 TournEvent of Champions, which kicked off on April 28 at Muckleshoot Casino in Auburn, Washington. In its sixth consecutive year, the 2017 TournEvent of Champions featured three tour buses and The Money Man visiting 107 casinos across the United States and Canada to identify the 173 players who will compete on October 4 at XS in the Wynn/Encore Las Vegas Resort for a share of $1.3 million in cash prizes, including a $1 million top prize.

*Payable in periodic payments over 20 years or in a lump sum, present day cash value payment.

Buffy The Vampire Slayer™ & ® 2017 Twentieth Century Fox Film Corporation. All Rights Reserved.

Knight Rider is a trademark and copyright of Universal City Studios LLC. Licensed by Universal Studios 2017. All Rights Reserved.

Willie Nelson™ and © WN Family Partnership, LTD. Used under license. All rights reserved.

TM & © 2017 A CBS Company. THE BRADY BUNCH and related marks and logos are trademarks of A CBS Company. All Rights Reserved.

SINGIN' IN THE RAIN and all related characters and elements © & ™ Turner Entertainment Co. (s17)

©2017 & TM Discovery Communications, LLC. Shark Week and related logos are trademarks of Discovery Communications, LLC. Used under license. All rights reserved.

Fruit Ninja: TM © Halfbrick Studios. Used under license. All rights reserved.
Hot Stuff the Little Devil © 2017 Classic Media, LLC. All Rights Reserved.

Other product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.


Everi Payments to Demonstrate Innovative Portfolio of Industry-Leading Payments Technology Solutions at 2017 Global Gaming Expo

Leading Solutions Increase Funds Access on Casino Floors, Improve Cash Handling and Promote Data-Driven Decision Making LAS VEGAS, Sept. 27, 2017 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”) will demonstrate its position as the only gaming technology provider that can deliver a comprehensive portfolio of payments and gaming entertainment solutions which help casino operators offer a winning experience for their players at the 17th annual Global Gaming Expo (G2E®) at the Sands Expo and Convention Center (Booth #1116) in Las Vegas, Nevada from October 3-5. Alongside the Company’s largest ever lineup of Games solutions, Everi Payments’ G2E display will feature innovative cash access solutions that provide players with new options for managing their funds on the gaming floor, critical cash handling solutions that increase cage and enterprise efficiency, and data-driven solutions that promote insights into customer behavior. “As the clear leader for casino industry payments and compliance solutions, Everi continues to set the bar higher with our comprehensive portfolio of new and innovative offerings that improve the efficiency of our customers’ payments operations while enhancing their players’ experience,” said Michael Rumbolz, President and Chief Executive Officer of Everi. “Our customers know that Everi is deeply committed to understanding their changing needs for cash access and compliance solutions in a rapidly evolving environment. We believe that our range of Payments offerings on display at G2E 2017 will demonstrate the benefits of our ongoing efforts to develop products that ease operational and financial burdens while simultaneously offering a heightened guest experience which delivers more cash to the casino floor. We are excited to welcome our customers to Las Vegas in October where we will showcase the power of our integrated, industry-unique Payments solutions.” Juliet Lim, Executive Vice President and Payments Business Leader, added, “The Payments team is dedicated to working closely with customers to understand their operating needs in order to provide them with solutions that help increase player access to funds on the casino floor from a growing number of sources, meet the increasing burden of local, state and federal regulatory obligations, and keep player data and financial information secure. As the gaming industry’s only provider of integrated Payments and Games products, our solutions are proven to deliver an ultra-reliable, seamless experience across the casino floor, cage and back office. We continue to innovate each and every day with our customers in mind and with an eye towards the consistent enhancement of our already unmatched Payments solutions portfolio.” All Everi Payments products are focused on bringing innovation to floor-wide cash access, improving cash handling on the casino floor and providing data driven solutions. Everi Payments will feature the following new or enhanced products at G2E 2017: CashClub Wallet™ is a sophisticated, interactive wallet that consolidates payment options for players when integrated with Everi’s CashClub® software and full-service Xchange kiosks. CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino, and manage their spend limits, thus supporting responsible gaming initiatives. CashClub Wallet also creates consistency across payment types through a convenient and efficient patron interface. CXC 5.0 is Everi’s newest full service kiosk offering enhanced security features including selffrosting glass and a real-time rear view camera to give casino patrons a more private and secure cash access experience. Built with the operator in mind, the CXC 5.0 kiosk provides ample branding and marketing space on the second screen as well as on custom fit LCD panels between each kiosk in wall or pod configurations. Everi’s newest kiosks offer the Company’s same great functionality such as ATM, bill break, ticket redemption, QuikTicket™, and Giving Module with a more sophisticated, secure and appealing look. CXC 5.0 L offers smaller properties similar security features and marketing opportunities on a smaller footprint device. AML Intelligence for Everi Compliance™ combines the Company’s deep experience in gaming AML with VizExplorer’s industry-proven analytics platform to help operators quickly identify potentially suspicious activity. As casino systems create an ever-increasing amount of data, proper tools are necessary to sift through this data to extract meaningful intelligence and insight. AML Intelligence provides operators with easy-to-use tools for searching, case management, subject management and monitoring that are needed for federal mandate compliance. Bringing Innovation to Floor-Wide Cash Access With an unmatched focus on helping operators save both time and money, Everi’s innovative funds access products provide players with the options they need to manage their funds for use on the casino floor. These solutions also create unique user experience efficiencies for players and represent a bridge to the casino of the future as they bring cashless and other payment types to the slot floor. Everi Payments will showcase QuikTicket, which expands the funds to the floor options provided by Everi kiosks by allowing operators to dispense gaming tickets in lieu of cash along with CashClub Concierge, which offers personalized cage access services for VIP customers, table games players and high limit room players that are fully integrated with Everi’s CashClub software, eliminating the need for a player to stop gaming in order to access additional funds for play. Everi Improves Casino Floor Cash Handling In today’s environment, casino operators are continually looking for ways to improve the efficiency of their operations, reduce overhead and manage rising labor costs. Everi’s industryleading cash handling solutions are ideally positioned to automate and even eliminate certain tedious cash handling functions, allowing operators to focus their attention where it is needed most: on the player. Everi will showcase several unique offerings: CageXchange™ improves cash accuracy and provides for secure cash storage, allowing operators to protect their funds and reduce counting and balancing times; RecyclerXchange™ offers automatic sorting, counting and storage of cash, and eliminates the need for manual currency counting and verification by cage staff; and JackpotXchange® Lite (JXC-L) with Jackpot Xpress™, a full-service jackpot payout solution built to help operators improve guest service, increase player time on device and streamline operations. Utilizing JXC-L, Everi’s smaller footprint jackpot kiosk device with integrated ID scanner, and Jackpot Xpress, which leverages mobile device capabilities to allow for the secure and efficient collection of patron information, operators can now pay out jackpots directly at the gaming machine. Data Driven Solutions Improve Casino Decision Making Everi’s data-driven product solutions comprise a suite of proven, industry-leading software tools that are designed to deliver better player intelligence to the decision makers who shape the player experience. The Company’s powerful set of integrated offerings, including the award-winning Everi Compliance platform and AML Intelligence solutions, allow operators to dig more deeply into complex player trends and behaviors to identify the critical information that leads to better, player-focused decision making across the enterprise. In addition to AML Intelligence, Everi Payments will showcase CashInsite™ with Everi IQ™, which provides casino marketing teams with a unique real-time perspective into player loyalty and willingness to spend by allowing for the correlation of property-wide player loyalty transactions captured by VizExplorer with cash access transaction behavior provided by Everi and Self-Service Check Cashing, which allows players to conveniently cash checks electronically at one of the Company’s fullservice kiosks once their checking account or accounts are enrolled with the casino through CashClub Check Services. About Everi Everi is dedicated to providing video and mechanical reel gaming content and technology solutions, integrated gaming payments solutions and compliance and efficiency software. Everi Games provides: (a) comprehensive content, electronic gaming units and systems for Native American and commercial casinos, including both Wide-Area Progressive systems and the award winning TournEvent® slot tournament solution; and (b) the central determinant system for the video lottery terminals installed in the State of New York. Everi Payments provides: (a) access to cash at gaming facilities via Automated Teller Machine cash withdrawals, credit card cash access transactions, point of sale debit card transactions, and check verification and warranty services; (b) fully integrated gaming industry kiosks that provide cash access and related services; (c) products and services that improve credit decision making, automate cashier operations and enhance patron marketing activities for gaming establishments; (d) compliance, audit and data solutions; and (e) online payment processing solutions for gaming operators in states that offer intrastate, Internet-based gaming and lottery activities.

Casablanca™ Slot Machine Debuts at Boyd Gaming Properties Across the U.S.

LAS VEGAS, Sept. 15, 2017 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, announced that its Local-Area Progressive video slot – Casablanca – has made its market debut at Boyd Gaming’s properties in six states: Nevada, Illinois, Indiana, Iowa, Kansas and Mississippi.

Casablanca is based on the 1942 timeless American romantic drama, which ranks second on the American Film Institute’s “100 Greatest American Movies of All Time list.”

Casablanca leverages the unique characteristics of Everi’s newly-deployed Empire MPX™ cabinet and features iconic entertainment elements from the classic film to truly elevate slot game play. The Empire MPX cabinet provides operators with flexible bank configurations which save casino floor space along with a 43-inch full HD display, game-controlled lighting with backlight feature and a new ergonomic LCD button deck.

A five-reel, 30-line video game, Casablanca offers multiple exciting bonus features, including the Rick’s Café bonus featuring the classic song, “As Time Goes By.” In addition, the new Casablanca game perfectly captures the timeless chemistry between Rick Blaine and Ilsa Lund to bring the romance and adventure of Rick’s Café Americain to life on casino floors.

“For decades, Casablanca has thrilled fans of all ages and this new game captures the joy and emotion of one of the all-time great feature films and combines it with exciting bonus rounds, including the chance to win a progressive jackpot,” said Dean Ehrlich, Executive Vice President and Games Business Leader for Everi. “Since its debut, Casablanca has quickly found a strong fan base. It’s an exciting game that’s clearly resonating with players.”

The Casablanca slot game was created in partnership with Warner Bros. Consumer Products.