The Latest Breaking News from Everi Holdings Inc

With sustained demand and rapid digital transformation, the financial services industry is poised for significant growth and expansion. Moreover, industry players usually benefit in a high-interest rate environment. Thus, robust financial stocks First American Financial (FAF), Everi Holdings (EVRI), and Digital World Acquisition (DWAC) could be ideal watchlist additions for…

Digitalization is poised to transform every niche of the financial services industry, providing numerous growth opportunities to the industry players. Moreover, financial institutions usually benefit in a rising interest rate environment. Hence, it could be wise to buy quality financial services stocks Everi Holdings (EVRI), Medallion Financial (MFIN), and Manhattan…

Everi Holdings Inc (NYSE:EVRI) has acquired Intuicode Gaming Corporation, a game development, and engineering firm focused on Historical Horse Racing games (HHR). Total consideration is expected to be $22 million - $27 million. Everi will initially pay $12.5 million, with two additional payments based on future revenue. The acquisition will provide Everi with…

Everi Holdings Inc (NYSE:EVRI) reported fourth-quarter FY21 sales growth of 51% year-on-year, to $180.4 million, beating the consensus of $167.48 million. Revenues from the Gaming segment rose 62.4% Y/Y to $105.4 million, and Financial Technology Solutions grew 37.4% to $75 million. Costs and expenses climbed 29.4% Y/Y to $132.5 million. The operating margin was…

Everi Holdings Inc (NYSE:EVRI) has signed an agreement to bring its game content and cabinets onto Exacta Systems' historical horse racing (HHR) system. The financial terms were not disclosed. Exacta Systems noted adding Everi's game content and gaming cabinets to its CONNECT system creates the opportunity to increase player engagement. "Collaborating with Exacta…