Everi Hldgs Stock Price, News & Analysis

Everi Holdings Inc. (formerly NYSE: EVRI) is 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 company focuses on delivering gaming entertainment, improving patron engagement for its customers, and helping operators run their businesses more efficiently. Everi develops entertaining game content, gaming machines, and gaming systems for land-based casinos, iGaming operators, and bingo operators, and it also supplies trusted financial technology and loyalty tools used across the gaming, sports, entertainment, and hospitality industries.

According to Everi’s own descriptions in multiple news releases, its mission is to lead the gaming industry through the power of people, imagination, and technology. It positions itself as one of the largest suppliers of technology solutions for the casino floor, with an expanding focus in adjacent industries. The company highlights its role in powering casino floors with financial technology solutions that improve operational efficiencies and support regulatory compliance requirements, including Anti-Money Laundering (AML) compliance.

Gaming content, cabinets, and digital products

Everi’s gaming business includes the development of game content, gaming machines, and gaming systems for casinos and online operators. The company showcases a broad catalog of video and mechanical slot content on various hardware platforms, including portrait and banked video cabinets and three-reel mechanical cabinets, as described in its Global Gaming Expo (G2E) and Indian Gaming Tradeshow announcements. These platforms host numerous original and licensed themes and are designed to engage players on casino floors.

Through Everi Digital, the company extends its land-based content into the online channel. Everi Digital is described as the online gaming business of Everi Holdings Inc., offering online versions of player-popular land-based titles and instant win and arcade-style games for iGaming markets. The digital portfolio is delivered via Everi’s proprietary Spark Remote Game Server and includes more than 100 distinct titles with a footprint spanning North America and Europe, according to Everi’s G2E 2024 digital product announcement.

Financial technology and cashless solutions

Everi is also described as a leading innovator and provider of financial technology solutions that power casino floors and support compliance. Its FinTech portfolio includes cash access solutions, cashless payment products, AML and broader regulatory technology (RegTech), and tools that support tax form management and jackpot processing. The company emphasizes convergence and connectivity across product lines, with a focus on secure, mobile-first self-service capabilities for patrons.

One of Everi’s highlighted products is CashClub Wallet, which the company describes as a digital wallet technology that supports cashless gaming and other payments. In a news release about Penn Entertainment’s “PENN Wallet” at M Resort Spa Casino, Everi states that CashClub Wallet is used to power mobile cashless funding across the gaming floor and that it incorporates multiple funding sources. The company also notes that CashClub Wallet is integrated into its broader Banking as a Service (BaaS) approach and is available in multiple jurisdictions.

Everi’s RegTech offerings include Everi Compliance, which the company describes as the gold standard in AML compliance software in the gaming industry, deployed in hundreds of gaming establishments worldwide. Building on this platform, Everi has introduced Entegrity, its fourth-generation AML compliance platform, which combines the company’s compliance experience with newer technology and adds modules such as Analytics Manager, Incident Manager, and Form Manager. These tools are designed to automate data collection, enhance transaction monitoring, and manage tax form lifecycles in connection with other Everi systems.

Mobile services, loyalty, and venue technology

Beyond the casino floor, Everi describes a growing focus on mobile engagement and venue technology. The BeOn Mobile Services Platform is presented as a mobile services bundle that extends the casino floor to a patron’s mobile device, combining gamification, loyalty, payments, and data insights into a single experience. BeOn integrates with CashClub Wallet for cashless gaming, supports operator loyalty programs, and offers marketing technology capabilities, including segmentation and promotional tools.

Everi also applies its technology in sports, entertainment, and hospitality venues through its Venuetize platform, which it calls a leading mobile technology and advanced e-commerce platform for these industries. In partnership announcements, Everi explains that Venuetize underpins mobile apps for professional sports teams and venue operators, enabling features such as ticket access, venue maps, content, and, in some cases, integrated wallet and e-commerce functions. These deployments illustrate Everi’s stated strategy of expanding into adjacent markets such as sports and entertainment.

Loyalty and marketing solutions are another key part of the company’s offering. Everi describes its Trilogy platform as powering player loyalty tools and mobile-first applications for casinos, hotels, and venues. Products such as QuikDraw, a cloud-based promotional drawing solution, use patron data to build segmentation and run marketing campaigns, often in conjunction with BeOn’s mobile capabilities.

On-property mobile gaming and route/venue solutions

Everi has also introduced Vi, which it describes as an on-property mobile gaming solution delivered through the BeOn platform. According to the company’s trade show announcements, Vi allows patrons, within the allowable gaming footprint, to play Everi Class II digital games beyond the traditional casino floor, such as in hotel rooms or other resort areas, while integrating CashClub Wallet, Everi Compliance, and Trilogy loyalty functionality.

In addition to large casino properties, Everi targets route and distributed gaming markets with products such as the Cash RedemptionXChange (CRX) kiosk, which it describes as an ultra-small-footprint solution for automated cash handling and cash access. The company also highlights PitXpress, a table-game management solution that uses mobile technology to automate marker issuance, redemption, and related pit and cage functions, aiming to improve accuracy and reduce paperwork for operators.

Corporate status and ownership

Everi Holdings Inc. historically traded on the New York Stock Exchange under the ticker symbol EVRI. According to an 8-K filed on July 1, 2025, Everi completed a merger pursuant to an Agreement and Plan of Merger dated July 26, 2024, under which a newly formed subsidiary of Voyager Parent, LLC, a holding company owned by funds managed by affiliates of Apollo Global Management, Inc., merged with and into Everi. As a result of this merger, Everi became a direct wholly owned subsidiary of Voyager Parent, LLC, and all outstanding shares of Everi common stock (other than specified excluded shares) were converted into the right to receive a cash amount per share as described in the filing.

The same 8-K states that, following the merger, Everi common stock would be removed from listing on the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934. A Form 25 filed on July 1, 2025, by the New York Stock Exchange confirms the notification of removal from listing and registration of Everi’s common stock under Section 12(b) of the Exchange Act. Subsequently, a Form 15 filed on July 11, 2025, certifies the termination of registration of Everi’s common stock under Section 12(g) of the Exchange Act and the suspension of Everi’s duty to file periodic reports under Sections 13 and 15(d), noting that there was approximately one holder of record as of the certification date.

These filings indicate that Everi is no longer a publicly traded company and no longer files periodic reports with the U.S. Securities and Exchange Commission. However, the company continues to be described in its news releases as operating its gaming, FinTech, loyalty, and venue technology businesses as a privately held subsidiary within the ownership structure established by the merger.

Relationship to International Game Technology transaction

Everi’s change in control is part of a broader transaction involving International Game Technology PLC (referred to as Brightstar Lottery in certain communications) and its Gaming & Digital business. In a November 2024 news release, IGT describes a proposed transaction in which its Gaming & Digital business and Everi Holdings Inc. would be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management, Inc. The July 1, 2025 Form 8-K filed by Everi confirms that this transaction closed, with Everi and IGT’s Gaming & Digital business being acquired by the same buyer.

In a separate June 2025 announcement, IGT explains that, after completion of the sale of its Gaming & Digital business and the concurrent acquisition of Everi, its lottery business will operate under the Brightstar Lottery name and trade under a new ticker symbol on the New York Stock Exchange. That announcement also notes that it is anticipated that the buyer and Everi will use the “IGT” and “International Game Technology” names following closing of the transaction. These statements provide context for Everi’s role within a larger gaming and lottery ecosystem following its acquisition.

Historical background

Polygon’s description of Everi notes that the company was formed when Global Cash Access and Multimedia Games combined and that Everi launched in 2015 with a mission related to transforming the casino floor. While this background is not repeated in the more recent company news releases, it provides historical context for Everi’s roots in both cash access services and gaming content. Over time, based on the company’s own descriptions, its activities have expanded to include digital gaming, cashless payments, AML and compliance technology, mobile services, and venue-focused applications.

Business focus going forward

Across its recent announcements, Everi consistently emphasizes several themes: providing gaming entertainment through land-based and digital content; supplying financial technology that supports cash access, cashless payments, and regulatory compliance; delivering loyalty and marketing technology that enhances patron engagement; and extending these capabilities into sports, entertainment, and hospitality venues through mobile apps and integrated e-commerce. Although Everi is no longer listed on a public exchange, these communications indicate that the company continues to operate with a focus on these areas under private ownership.