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Everi Enters Seven-Year Strategic Relationship with Churchill Downs Incorporated for Financial Technology Related Services

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Everi (IGT brand) announced a seven-year agreement with Churchill Downs Incorporated (NASDAQ: CHDN) dated Oct. 8, 2025 to deploy Everi CashClub® and additional FinTech solutions across CDI live and historical racing venues and regional gaming properties.

Services include ATM, debit, credit, check processing, Everi Compliance anti-money laundering (AML) technology, and back-end gaming operational tools. The deal builds on existing integrations: Everi's BeOn™ Venue Platform powers the Churchill Downs Racetrack mobile app and IGT supplies historical horse racing games and hardware.

The partnership aims to deliver improved transaction diversity, stronger compliance, smarter data, and personalized patron engagement.

Everi (marchio IGT) ha annunciato un accordo di sette anni con Churchill Downs Incorporated (NASDAQ: CHDN) datato 8 ottobre 2025 per distribuire Everi CashClub® e altre soluzioni FinTech nelle sedi di corse dal vivo e storiche CDI e nelle proprietà regionali di gaming.

I servizi includono elaborazione di bancomat, carte di debito, carte di credito e assegni, la tecnologia anti-riciclaggio AML di Everi Compliance e strumenti operativi di backend per il gaming. L’accordo si basa su integrazioni esistenti: la BeOn™ Venue Platform di Everi alimenta l'app mobile del Churchill Downs Racetrack e IGT fornisce giochi storici di corse di cavalli e hardware.

La partnership punta a offrire una maggiore diversificazione delle transazioni, una conformità più robusta, dati più intelligenti e un coinvolgimento personalizzato degli ospiti.

Everi (marca IGT) anunció un acuerdo de siete años con Churchill Downs Incorporated (NASDAQ: CHDN) fechado el 8 de octubre de 2025 para implementar Everi CashClub® y otras soluciones FinTech en los venues de carreras en vivo e históricas de CDI, y en propiedades de juego regionales.

Los servicios incluyen procesamiento de cajeros automáticos, débito, crédito y cheques, la tecnología AML de Everi Compliance y herramientas de operaciones de backend del gaming. El acuerdo se apoya en integraciones existentes: la BeOn™ Venue Platform de Everi impulsa la app móvil del Churchill Downs Racetrack y IGT suministra juegos de carreras de caballos históricas y hardware.

La asociación tiene como objetivo ofrecer una mayor diversidad de transacciones, un cumplimiento más sólido, datos más inteligentes y una interacción personalizada con los clientes.

Everi (IGT 브랜드)7년 간의 계약을 Churchill Downs Incorporated(NASDAQ: CHDN)과 2025년 10월 8일에 체결했다고 발표했습니다. CDI의 생방송 및 기록적인 경주 장소와 지역 게이밍 자산에 Everi CashClub® 및 추가 FinTech 솔루션을 도입하기 위함입니다.

서비스에는 ATM, 직불, 신용, 수표 처리, Everi Compliance의 자금세탁방지(AML) 기술, 백엔드 게이밍 운영 도구가 포함됩니다. 이 계약은 기존 통합을 기반으로 합니다: Everi의 BeOn™ Venue Platform가 Churchill Downs Racetrack 모바일 앱을 구동하고 IGT가 기록형 경주 게임 및 하드웨어를 공급합니다.

파트너십은 거래 다양성 향상, 더 강한 컴플라이언스, 더 스마트한 데이터, 개인화된 관람객 참여를 제공하는 것을 목표로 합니다.

Everi (marque IGT) a annoncé un accord de sept ans avec Churchill Downs Incorporated (NASDAQ : CHDN) daté du 8 octobre 2025 pour déployer Everi CashClub® et d’autres solutions FinTech à travers les sites de courses en direct et historiques CDI ainsi que les propriétés de jeux régionaux.

Les services incluent le traitement ATM, débit, crédit et chèques, la technologie AML d’Everi Compliance et des outils opérationnels de backend pour le gaming. L’accord s’appuie sur des intégrations existantes : la BeOn™ Venue Platform d’Everi alimente l’application mobile Churchill Downs Racetrack et IGT fournit des jeux historiques de courses hippiques et du matériel.

Le partenariat vise à offrir une meilleure diversité des transactions, une conformité renforcée, des données plus intelligentes et un engagement personnalisé des clients.

Everi (IGT-Marke) hat eine Sieben-Jahre-Vereinbarung mit Churchill Downs Incorporated (NASDAQ: CHDN) datiert auf den 8. Oktober 2025 bekannt gegeben, um Everi CashClub® und weitere FinTech-Lösungen in CDI-Live- und historischen Renndestinationen sowie regionalen Gaming-Einheiten zu implementieren.

Zu den Dienstleistungen gehören ATM-, Debit-, Kredit- und Scheckbearbeitung, Everi Compliance AML-Technologie und Backend-Gaming-Betriebssysteme. Die Vereinbarung baut auf bestehenden Integrationen auf: Everis BeOn™ Venue Platform treibt die Churchill Downs Racetrack Mobile App an und IGT liefert historische Pferderennspiele und Hardware.

Ziel der Partnerschaft ist es, eine verbesserte Transaktionsvielfalt, stärkere Compliance, intelligentere Daten und eine personalisierte Kundenbindung zu erzielen.

إيفري (علامة IGT) أعلنت عن اتفاقية لمدة سبع سنوات مع Churchill Downs Incorporated (NASDAQ: CHDN) بتاريخ 8 أكتوبر 2025 لنشر Everi CashClub® وحلول FinTech إضافية عبر مواقع CDI لسباقات المواسم الحية والتاريخية، وملكيات المقاطعات الخاصة بالألعاب الإقليمية.

تشمل الخدمات معالجة أجهزة الصراف الآلي والخصم والائتمان والشيكات، وتكنولوجيا مكافحة غسل الأموال AML من Everi Compliance، وأدوات التشغيل الخلفي للألعاب. تعتمد الصفقة على تكاملات موجودة بالفعل: منصة BeOn™ Venue من Everi تشغّل تطبيق Churchill Downs Racetrack للجوال وتزوّد IGT ألعاب سباقات الخيل التاريخية ومعدات.

يهدف الشراكة إلى تقديم تنويع معاملات محسّن، امتثال أقوى، بيانات أذكى، وتفاعل مخصّص مع الجمهور.

Everi(IGT 品牌)宣布与 Churchill Downs Incorporated(纳斯达克股票代码:CHDN)签署一项七年的协议,日期为 2025年10月8日,在 CDI 的现场与历史竞赛场馆及区域游戏资产中部署 Everi CashClub® 及其他 FinTech 解决方案。

服务包括 ATM、借记、信用、支票处理、Everi Compliance 的反洗钱(AML)技术,以及后端游戏运营工具。该协议建立在现有集成之上:Everi 的 BeOn™ Venue Platform 为 Churchill Downs Racetrack 的移动应用提供支持,IGT 提供历史赛马游戏与硬件。

此合作关系旨在提供更丰富的交易多样性、增强的合规性、更智能的数据以及面向客户的个性化互动。

Positive
  • Signed seven-year FinTech services agreement with CDI
  • Deployment across live, historical racing, and regional gaming venues
  • Includes AML compliance technology to strengthen Title 31 controls
  • Integration with existing BeOn™ mobile app and IGT hardware
Negative
  • None.

Insights

Seven-year FinTech deal with Churchill Downs provides a stable, multi-venue revenue runway and operational integration opportunities.

Everi and IGT will deploy a broad set of financial services across Churchill Downs Incorporated venues, including CashClub®, ATM, debit, credit, check services, and Everi Compliance AML technology, plus back-end gaming operations tools. The contract spans seven years and extends existing product ties such as the BeOn™ Venue Platform and IGT historical racing offerings, implying multi-product, multi-venue implementation rather than a single-point sale.

Execution depends on staged rollouts, integration with existing systems, and ongoing compliance performance; operational delays or integration friction would slow value realization. Key items to watch include deployment milestones, volume of processed transactions, and renewal or expansion signals within the seven-year term starting Oct. 8, 2025.

IGT to Deploy Everi's Financial Access Services and Additional FinTech Solutions

LAS VEGAS, Oct. 8, 2025 /PRNewswire/ -- Everi, an IGT brand, today announced a seven-year agreement with Churchill Downs Incorporated ("CDI") (NASDAQ: CHDN) to utilize Everi's CashClub® services and additional FinTech solutions. CDI will roll out a wide range of Everi FinTech products across their live and historical racing entertainment venues and regional gaming properties. This includes ATM, debit, credit and check services, as well as Everi Compliance anti-money laundering ("AML") technology, and a comprehensive suite of solutions designed to optimize back-end gaming operations.

Bill Mudd, President and COO of CDI, said: "The FinTech agreement with Everi represents a tremendous opportunity for our customers. In addition to advancing our financial technology capabilities, the partnership enhances Title 31 compliance and strengthens our operational excellence. Everi's technology, scale, and expertise align seamlessly with our growth strategy and will help us deliver the innovative, secure, and seamless experiences our customers expect and deserve."

Darren Simmons, IGT CEO FinTech, said: "As an iconic brand across gaming and sports and entertainment, Churchill Downs aligns with our philosophy of providing unique patron experiences. We are pleased to enhance their customer journeys and gaming operations with our robust FinTech solutions that offer more diversity in transaction types, process more transactions, and drive more value to the floor than any other supplier in the industry."

The agreement also builds upon the existing relationship between IGT, Everi and CDI, as Everi's BeOn™ Venue Platform powers the Churchill Downs Racetrack mobile app, and IGT provides historical horse racing games and hardware.

By combining Everi's FinTech innovation with IGT's global infrastructure, operators can benefit from a flexible, modular foundation that delivers smarter data, stronger compliance, and personalized engagement at every touchpoint. Together, IGT and Everi are reimagining how payments, loyalty, and compliance come together — helping operators move faster, serve smarter, and lead the next era of connected gaming. 

For more information, visit IGT.com, follow us on FacebookLinkedIn, and X, or watch IGT videos on YouTube.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC's Gaming & Digital Business and Everi Holdings Inc. IGT's offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, IGT drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

About Churchill Downs Incorporated
Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for over 150 years, beginning with the company's most iconic and enduring asset, the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI has expanded through the acquisition, development, and operation of live and historical racing entertainment venues, the growth of the online wagering businesses, and the acquisition, development, and operation of regional casino gaming properties. www.churchilldownsincorporated.com.

Contact:
Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (775) 448-0257

© 2025 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

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SOURCE Everi Holdings Inc.

FAQ

What did Everi announce with Churchill Downs (CHDN) on Oct. 8, 2025?

Everi announced a seven-year agreement to provide CashClub® and additional FinTech solutions across CDI venues.

Which FinTech services will Everi provide to Churchill Downs (CHDN)?

Services include ATM, debit, credit, check processing, Everi Compliance AML technology, and back-end gaming solutions.

Will Everi's agreement with Churchill Downs (CHDN) affect the Churchill Downs Racetrack app?

Yes; the agreement builds on existing integration where Everi's BeOn™ Venue Platform powers the Racetrack mobile app.

How long is the Everi and Churchill Downs (CHDN) FinTech contract?

The contract term is seven years starting from the Oct. 8, 2025 announcement.

What investor-relevant benefits does the Everi–Churchill Downs (CHDN) deal claim to deliver?

The companies cite stronger compliance, smarter data, expanded transaction types, and improved patron engagement.
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