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