EVRI Stock Discussion

Everi Holdings Inc. Description

Everi Holdings Inc. provides cash access services and related equipment and services to the gaming industry. The company operates in Cash Advance, ATM, Check Services, Games, and Other segments. Its cash access products and services include Casino Cash Plus 3-in-1 ATM, a cash-dispensing machine that offers patrons to access cash through ATM cash withdrawals, point-of-sale (POS) debit card transactions, and credit card cash access transactions. The company also offers check verification and warranty services, which allow gaming establishments to manage and reduce risks on patron checks that they cash; fully integrated kiosks that are multi-function terminals; and Jackpot kiosk, a multi-function employee kiosk, which allow casino personnel to immediately process and dispense taxable jackpots in the form of cash, tickets, or a combination of both. In addition, it provides Central Credit, a gaming patron credit bureau that allows gaming establishments in credit-granting decisions; anti-money laundering and tax compliance software solutions for gaming operators; non ATM terminals that perform authorizations for credit card cash access and POS debit card transactions; database services; and an online payment processing solution for gaming operators in states that offer intra-state, and Internet-based gaming and lottery activities. Further, the company offers various gaming products; and sells machines, as well as player terminals, licenses, back office systems, and other related equipment. Everi Holdings Inc. sells its products and services to casinos and other gaming properties in the United States, Europe, Canada, the Caribbean, Central America, and Asia. The company was formerly known as Global Cash Access Holdings, Inc. and changed its name to Everi Holdings Inc. in August 2015. The company was founded in 1998 and is headquartered in Las Vegas, Nevada.

Sector: Consumer Cyclical
Industry: Gambling
Keywords: Payment Systems Games ATM Casino Credit Card Payment Processing Debit Card Kiosks Embedded Systems Lottery Credit Bureau Interactive Kiosk Automated Teller Machine Payment Processing Solution Atm Card Money Laundering Digital Wallet Database Services Gaming Products Back Office Systems Cash Advance Check Services Office Systems Tax Compliance Software