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.
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Everi Holdings (NYSE: EVRI) will announce its 2023 first quarter results on May 10, 2023, before market opening. A conference call and webcast will follow at 11:00 a.m. ET to discuss the results. To participate in the call, dial (201) 689-8471. A replay will be available starting at 2:00 p.m. ET on the same day, accessible by calling (412) 317-6671 with the PIN 13737378 until May 17, 2023. Everi is focused on innovation, providing technology solutions for casinos and gaming operators, as well as financial technology that enhances operational efficiencies and compliance. The company aims to enhance patron engagement through gaming content and loyalty tools.
Everi Holdings Inc. (NYSE: EVRI) announced an agreement to acquire assets of VKGS LLC (Video King) for approximately $59 million, set to close within 60 days. This acquisition aims to enhance Everi's Games segment, leveraging Video King's established customer base and electronic bingo technology to expand its digital content market. Video King generated over $25 million in revenue in 2022, mainly from more than 50,000 installed electronic bingo tablets across various venues. The deal is expected to enhance Everi's Adjusted EBITDA and Free Cash Flow. Everi aims to leverage Video King's resources to introduce new gaming content and enhance player experiences through digital wallets and loyalty products.
Everi Holdings Inc. (NYSE: EVRI) has expanded its mobile app, Venuetize, with Phase Two of the Churchill Downs Racetrack experience, enhancing fan engagement for the Kentucky Derby. The app now includes a dedicated Kentucky Derby mode featuring live event engagement, ticket access, event maps, and alerts for Derby Week. Phase One, introduced in September, offers year-round racetrack functionalities such as ticketing, venue navigation, race calendars, and expert insights. Executives from both Everi and Churchill Downs express enthusiasm for this mobile-first initiative that aims to improve customer interaction and operational efficiency.
Everi Holdings Inc. (NYSE: EVRI) announced the first installation of its new Dynasty Vue™ gaming cabinet at Yaamava' Resort & Casino in Highland, California, on April 3, 2023. This innovative cabinet features a unique custom display and a 27-inch integrated top box, designed for enhanced player experience. The initial offering includes the Combo Cash™ Series with base themes Rockin' Reels™ and Secret Treasures™, allowing players to win up to $20,500. A ribbon-cutting ceremony is scheduled for April 4, 2023, to celebrate this launch, marking a significant step in Everi's gaming technology evolution.
Everi Holdings Inc. (NYSE: EVRI) unveiled its innovative mobile gaming solution, Vi™, at the Indian Gaming Tradeshow & Convention 2023 in San Diego. This all-in-one platform integrates Everi Digital games, the CashClub Wallet®, and player loyalty features, allowing players to engage in gaming across casino properties using their mobile devices. Vi utilizes geolocation for registered play in approved areas and connects with existing casino systems through Everi's Player Account Management. With access to nearly 70 games via the Spark™ Remote Game Server, Vi aims to enhance player interaction and create new revenue streams for casino operators.
Everi Holdings Inc. (NYSE: EVRI) announced its participation in the Indian Gaming Tradeshow and Convention from March 27-30, 2023, where it will showcase the innovative Dynasty Vue™ cabinet. This new gaming cabinet displays features that enhance player engagement, including a custom display and integrated 27-inch top box. Everi will also introduce over 20 new original game themes and several licensed themes. Notable game families include Combo Cash™ and Wild Wheel™. Everi aims to strengthen its position in the gaming industry by providing unique game content and advanced technology solutions.
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