Welcome to our dedicated page for Everi Hldgs news (Ticker: EVRI), a resource for investors and traders seeking the latest updates and insights on Everi Hldgs stock.
Everi Holdings Inc. (EVRI) has been described in its public communications as a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions, and bingo. The Everi news feed on Stock Titan aggregates company announcements and related coverage so readers can see how Everi’s gaming, FinTech, and mobile offerings are being deployed across casinos, online gaming, and sports and entertainment venues.
Recent Everi news releases highlight several themes. On the gaming side, the company regularly announces new cabinets, hardware platforms, and game themes for major industry events such as the Global Gaming Expo and the Indian Gaming Tradeshow & Convention. These stories describe how Everi is adding new video and mechanical slot content, expanding its digital catalog through Everi Digital, and introducing online versions of land-based hits for iGaming markets.
Everi’s FinTech and RegTech activities are another frequent subject of its news. Announcements describe enhancements to the CashClub Wallet cashless payments platform, the BeOn Mobile Services Platform, and AML compliance systems such as Everi Compliance and the Entegrity AML platform. News items also cover new modules for transaction monitoring, incident management, and tax form handling, as well as route and table-game solutions like the Cash RedemptionXChange kiosk and PitXpress.
The company’s expansion into sports, entertainment, and hospitality venues is reflected in stories about mobile apps and venue technology built on its Venuetize and BeOn platforms. Examples include mobile apps for professional sports teams and venue-specific applications that integrate ticketing, content, and, in some cases, wallet and wagering features.
In addition to product and customer announcements, the news feed also captures corporate developments. These include Everi stockholders’ approval of an acquisition by funds managed by affiliates of Apollo Global Management, Inc., and subsequent filings and announcements related to the completion of a broader transaction involving International Game Technology PLC’s Gaming & Digital business. Readers interested in EVRI can use this page to follow how Everi’s products, partnerships, and corporate structure evolve over time.
Everi Digital, a division of Everi Holdings (NYSE: EVRI), will unveil its inaugural digital progressive games at G2E 2021 from October 4-7. This launch includes 11 themes for the proprietary Spark Remote Game Server (Spark RGS). The digital gaming catalog has expanded to over 50 titles, with popular games like Crystal Star and Blazin' Gems making their digital debuts. The company has invested in enhancing their gaming solutions since 2018, aiming to capture growth in the iGaming market and improve player engagement across various regions.
Everi Holdings, a leader in casino gaming and financial technology, will host a live webcast on October 4, 2021, from 3:00 to 4:00 p.m. PT. The event will preview their products for the 2021 Global Gaming Expo, followed by a Q&A session. The webcast will start at 3:00 p.m. PT and be accessible on their website until October 21, 2021. Recently, Everi announced innovative gaming and FinTech solutions, continuing its commitment to enhancing player engagement and operational efficiency.
Everi Holdings (NYSE: EVRI) announced the acquisition of strategic assets from Meter Image Capturing, LLC, enhancing its FinTech offerings for casino operators. The acquisition leverages MIC's progressive meter reporting technology, which improves operational efficiency by accurately recording gaming machine data. Financial terms were not disclosed, but Everi expects the deal to be accretive to earnings and operating cash flow. MIC's technology, already deployed in over 20 casinos, will streamline operations and integrate with Everi's existing products.
Everi Holdings (NYSE: EVRI) will showcase nearly 40 new original game themes and 6 licensed titles at the Global Gaming Expo (G2E) from October 4-7, 2021. The event highlights Everi's focus on innovative gaming cabinets and engaging player experiences. New products include the Player Classic Signature cabinet and several premium titles for the Skyline Revolve cabinet. The TournEvent platform will be enhanced with five new features to increase revenue for casino operators. Everi aims to reinforce its leadership in gaming while expanding its library of entertainment options.
Everi Holdings Inc. (NYSE: EVRI) will present its comprehensive suite of FinTech solutions, termed the "Digital Neighborhood," at the Global Gaming Expo (G2E) 2021 from October 4-7. The offerings include the CashClub Wallet, a cashless payment solution available on over 26,000 electronic gaming devices, and Jackpot Xpress, an intuitive jackpot management system. With a focus on enhancing operational efficiency and customer experience, Everi aims to solidify its position as a leading provider in the gaming industry's FinTech space.
Everi Digital, the online gaming division of Everi Holdings, has partnered with BetMGM to introduce the custom-themed game Borgata 777 Respin. This title is accessible via BetMGM Casino and Borgata Casino in New Jersey and Pennsylvania. It features a re-spin bonus and various multipliers, enhancing player engagement. David Lucchese, Everi's EVP, emphasized the collaboration's aim to deliver vibrant gaming experiences. This marks Everi's first partnership game with BetMGM, adding to their digital content portfolio.
Acres Manufacturing Company announced that its Foundation™ casino management system is facilitating cashless gaming at Penn National Gaming's new Hollywood Casino York in Pennsylvania. Following prior installations, Foundation™ will further be deployed at additional Penn National casinos as regulatory approvals are obtained. The system integrates with Penn National's mychoice wallet, powered by Everi Holdings' CashClub Wallet, enabling secure transactions for players on the casino floor. The technology aims to enhance player experience through real-time behavior data and seamless cashless gaming.
Everi Holdings has announced the launch of its CashClub Wallet® technology at Penn National Gaming's Hollywood Casino York in Pennsylvania. This digital wallet enables cashless transactions, allowing guests to deposit funds via debit or credit cards and access them directly at gaming machines. The partnership includes plans for broader implementation across Penn National's properties pending regulatory approval. The technology aims to enhance guest convenience and operational efficiency while integrating with Penn National's mychoice loyalty program.
Everi Holdings (NYSE: EVRI) has partnered with Konami Gaming to integrate its digital CashClub Wallet with Konami's SYNKROS casino management system. This collaboration aims to enhance cashless transactions for casino operators, providing reliable funding solutions and improved player experiences. The integration supports a seamless cashless environment, enabling operators to manage payments and funding efficiently across various gaming and non-gaming operations.
Everi Holdings Inc. (NYSE: EVRI) reported record financial results for Q2 2021, showing a 33% revenue increase to $172.6 million compared to Q2 2019. Net income soared 560% to $36.2 million, with Adjusted EBITDA rising 44% to $92.5 million. The company's Free Cash Flow grew 462% to $39.2 million. Following successful refinancing, total debt is now $1.0 billion, reducing annual interest costs by $23 million. The robust performance is attributed to strong demand in Games and FinTech segments, alongside a growing percentage of recurring revenues.