Everi Holdings said it has agreed to buy some assets of Australia's Atlas Gaming and Atlas Gaming Technologies, which will help it to expand into new international markets.
Everi Holdings has announced a leadership shake up with CEO Michael D. Rumbolz becoming Executive Chairman of the board and current Chief Operating Officer Randy L. Taylor taking over as CEO.
Everi Holdings swung back to a profit in 3Q21, powered by a 56 percent increase in revenue driven mainly by its gaming business.
Everi Holdings, a provider of land-based and digital casino gaming content and products reported record revenue in 2Q21, reaching $172.6 million.
Everi expects record Q2 results, with revenue of between $167 million - $172 million, up over 25 percent from its pre-pandemic levels in 2019.
Gaming supplier Everi has posted a strong start to the first quarter of 2021, with first quarter record revenue and all-time quarterly record net income, adjusted EBITDA and free cash flow.
U.S. gaming analyst Steve Wieczynski of Stifel Financial Corp. has raised targets on several gaming suppliers including AGS, Everi and Scientific Games based on results from the Q1 Eilers-Fantini slot survey.