Everi is both a game provider and software developer specializing in gaming machines, digital games, financial technology solutions, and regulatory compliance software for the gaming industry.
Everi is both a game provider and software developer specializing in gaming machines, digital games, financial technology solutions, and regulatory compliance software for the gaming industry.
Notable products include Everi's award-winning mechanical reel slot machines, Empire series gaming cabinets, digital slot games such as Lightning Zap and Gold Standard Jackpots, the TournEvent slot tournament system, and financial technology platforms like CashClub Wallet and Everi Compliance AML software.
Everi was originally founded in 1998, with its current incarnation formed as Everi Holdings Inc. in 2015 following the acquisition of Multimedia Games Holding Company by Global Cash Access Holdings.
The official website is https://www.everi.com
Contact details are available on the company website, typically including phone numbers, email contacts for sales and support, and the headquarters address in Las Vegas, Nevada, USA.
Everi Holdings was formed from a merger and acquisition; initial founders are not specifically documented publicly. The current ownership structure includes private equity ownership by Apollo Global Management after going private in 2025.
United States
Primary headquarters is in Las Vegas, Nevada. The company operates regionally with offices supporting operations across North America, Europe, Africa, Asia, and Australia.
Everi operates through subsidiaries including Everi Games Holding Inc., Everi Payments Inc., and Central Credit LLC, covering gaming, payments, and data analytics.
Everi was publicly traded under the ticker EVRI until taken private in 2025 by Apollo Global Management.
Precise current valuation is not publicly disclosed due to recent privatization; historically valued in multi-billion dollar market capitalization.
Key executives include Randy L. Taylor (CEO since 2022), Mark F. Labay (EVP, CFO), and other members overseeing gaming and fintech business units and strategy.
Approximately 2,300 employees across various divisions as of recent data.
In the first quarter of 2025, Everi reported revenues around $181 million with slight year-over-year declines; net income was approximately $3.9 million for the same quarter.
Primary revenue streams come from game content and hardware sales, financial technology services including cash access and payment processing, and regulatory compliance software.
Exact revenue distribution is not publicly detailed, but significant contributions come from gaming machines and game content, followed by financial services and compliance solutions.
Everi has experienced moderate growth with expansion into digital gaming and financial technology, though recent quarters showed slight revenue contraction and profitability pressure.
Plans include expanding digital and iGaming presence internationally, broadening fintech and RegTech solutions, and enhancing gaming content through new titles and innovative cabinet technology.
Holds multiple gaming licenses compliant with North American jurisdictions including Nevada and multiple tribal regulatory approvals, and licenses for international operations.
Licensed to operate in the United States, Canada, Australia, parts of Europe, and expanding into South America and Asia.
Regulated by state and tribal gaming commissions in the U.S., including Nevada Gaming Commission, as well as international regulatory authorities where applicable.
No publicly disclosed pending licenses; regularly renews licenses to operate within regulated jurisdictions.
Maintains certifications in AML compliance, data security, and gaming fairness meeting regulatory requirements.
No significant regulatory sanctions or penalties publicly reported.
Implements responsible gambling policies aligned with industry standards including player protections, self-exclusion tools, and compliance with jurisdictional requirements.
Uses independently tested RNG-certified gaming systems, transparent payout rates, and compliance to protect player interests and ensure fair gaming.
Provides market-leading AML compliance software (Everi Compliance) with automatic data integrations and workflows for casino operators to mitigate money laundering risks.
Supports KYC procedures through integrated identity verification and document authentication tools, aiding operators to comply with regulatory KYC mandates.
Games and systems undergo certification by independent testing laboratories like GLI to ensure compliance and fairness.
RNG technology certified by established independent testing agencies to guarantee randomness and fairness.
Complies with GDPR and other data protection regulations governing player and operator data privacy.
Provides comprehensive audit and compliance reporting tools to support regulatory and internal controls.
Systems and games are audited regularly as required by regulatory authorities and industry standards.
Holds a significant position in the North American land-based market and a growing share in online gambling through digital gaming platforms.
Primary competitors include International Game Technology (IGT), Scientific Games, Light & Wonder, and Aristocrat Technologies.
Combines strong fintech solutions with diverse gaming content, proprietary cabinets, and integrated regulatory compliance software, differentiating by end-to-end offerings.
Strongest presence in North America with growing footprints in Europe, South America, and Australia.
Known for reliable, innovative products and compliance leadership, enjoying good industry reputation among operators and players.
Recipient of multiple industry awards for game design innovation, compliance solutions, and product excellence.
Pricing aligns competitively with industry standards, offering flexible packages and bundled solutions.
Integration of gaming content with leading financial technology and compliance solutions in a single ecosystem.
Notable partnerships with Light & Wonder for distribution and cross-licensing agreements with IGT.
Positions as a comprehensive solutions provider for gaming operators blending entertainment, technology, and compliance.
Strengths include fintech leadership and diverse game portfolio; weaknesses include intense competitive pressure and recent financial performance volatility.
Capitalizes on digital transformation, mobile gaming, cashless payments, regulatory technology, and global expansion trends.
Actively updates compliance software, secures required licenses, and builds RegTech solutions to adapt swiftly to regulatory changes.
Proven track record in innovation with proprietary cabinets, integrated fintech products, and advanced gaming content.
Demonstrates good responsiveness highlighted by new product launches and expansion into online and international markets.
Used by over 800 casinos and numerous operators in land-based and digital sectors.
Includes major casino operators across North America and international markets, as well as technology partners like Light & Wonder.
Serves a range of operators from tribal and commercial casinos to online iGaming platforms.
Works with Tier 1 large casino operators and smaller Tier 2/3 operators providing scalable solutions.
Maintains stable client relationships with long retention facilitated by integrated product suites and support.
Uses industry trade shows, digital marketing, strategic partnerships, and proven product performance to acquire new clients.
Contracts generally range from multi-year agreements typical for casino gaming and software licenses.
Provides exclusive partnership opportunities particularly in new markets or with strategic product bundles.
Offers onboarding, training, and dedicated support services to new operator clients.
Structured onboarding combining technical integration, regulatory assistance, and operational training.
Provides training programs including product demonstrations, compliance education, and operational best practices.
Numerous case studies highlight successful integration of Everi Compliance AML software and improved player engagement via Everi gaming cabinets.
Uses feedback surveys, client reviews, and direct account management communication to measure satisfaction.
Maintains client portals, regular account reviews, and support channels for continuous feedback.
Employs dedicated client service teams and escalation processes to resolve disputes and operational issues.
Offers onboarding, training, and dedicated support services to new operator clients.
Develops slot machines, video slots, mechanical reel games, electronic table games, progressive jackpots, and tournament titles.
Releases multiple new games annually with major launches timed for industry events like G2E.
Develops branded and licensed content including titles with licensed themes under cross-licensing agreements.
Offers diverse themes from classic slots to contemporary pop culture, adventurous and culturally relevant themes.
Provides demo versions and free play options to operators and players for testing and promotional use.
Offers a range of volatility options from low to high to cater to different player preferences.
RTP ranges typically fall between 85% and 98%, depending on game and jurisdictional requirements.
Supports progressive jackpot games and linked jackpot networks.
Bonus mechanics include free spins, hold-and-spin, multipliers, cascading reels, and interactive mini-games.
All digital games are optimized for mobile and desktop play with HTML5 technology.
Games support multiple languages including English, Spanish, French, and others to cater to global markets.
Adapts games culturally with localized content, languages, and regulatory compliance for different regions.
Implements accessibility options such as adjustable settings for visually impaired players and user-friendly interfaces.
Uses modern development frameworks including HTML5, proprietary game engines, and cloud-based server architectures.
Primarily built on HTML5 with some legacy systems supporting mechanical and video reels.
Provides APIs for seamless integration with operator platforms including player account management and financial services.
Designed for streamlined integration with operator CMS and platforms using standard industry APIs.
Offers comprehensive developer and integration documentation for clients and partners.
Provides turnkey gaming and payment solutions on a white-label or integrated basis.
Operators can configure parameters including RTP where jurisdiction permitted, bet sizes, and bonus frequency.
Offers robust reporting tools and business intelligence dashboards for player behavior, financials, and compliance metrics.
Supports real-time gaming data feeds and analytics for operators.
Implements encryption, secure communication protocols, anti-fraud systems, and compliance with gaming security standards.
Regularly provides software updates, patches, and maintenance schedules ensuring system stability and compliance.
Conducts rigorous load testing and optimization to ensure high performance under peak demands.
Compatible with various wallet and payment systems including CashClub Wallet digital payment solutions.
Supports integration of multiple payment methods including credit/debit cards, digital wallets, and cash access kiosks.
Offers integrated casino floor management platforms combining games, payments, loyalty, and compliance.
Includes back office tools for player tracking, financial reconciliation, compliance monitoring, and marketing management.
Currently not a primary sportsbook provider focus; mainly specialized in casino gaming and FinTech.
Features player loyalty, credit management, and analytics modules.
Provides tools for bonus and promotion management integrated within game and loyalty platforms.
Supports CRM functionality for operator use through loyalty platforms.
Affiliate management features depend on operator platform integration; Everi’s core offerings focus on floor and digital content.
Offers marketing campaign tools integrated with player data to support targeted promotions.
Includes responsible gambling tools such as self-exclusion, spend limits, and play monitoring features.
Business intelligence reporting across financials, player activity, and compliance is supported.
Supports multi-currency financial transactions and multi-language gaming environments.
Comprehensive payment processing capabilities including kiosks, mobile payments, and reconciliation tools.
Advanced fraud detection algorithms and AML controls built into financial and gaming platforms.
Provides automated compliance reporting and documentation tools for regulatory bodies.
Platform built on scalable architecture to support growth in operators, players, and geographic expansion.
Investing in mobile gaming innovation, cashless payments, advanced data analytics, and RegTech tools.
No public indication of current VR/AR game development focus.
Exploring digital payments and blockchain for compliance and transaction transparency.
Uses AI and machine learning primarily to enhance player engagement analytics and regulatory compliance monitoring.
Offers mobile-optimized games and mobile-first financial service platforms.
Continues development for cross-platform compatibility spanning land-based, online, and mobile devices.
Offers advanced analytics and player personalization tools integrated into loyalty and gaming platforms.
Holds multiple patents related to gaming machines, slot mechanics, and financial technology solutions.
Continuously invests in technology upgrades and innovation to maintain industry leadership.
Allocates substantial R&D budget focused on new game content, fintech enhancements, and compliance solutions.
Engages in partnerships and collaborations to drive innovation, though specific partners are not publicly detailed.
Pioneers features such as Dynamic Glass video overlays, interactive tournament systems, and integrated jackpot management.
Designs games and systems for seamless play and content delivery across multiple platforms.
Focuses on expanding digital footprint, fintech convergence, cloud-based solutions, and AI-enhanced player experience.
Uses revenue share, licensing fees, and subscription models depending on product and operator type.
Standard industry revenue share percentages apply, often negotiated per contract.
Integration and setup fees vary by contract but typically apply, covering customization and technical onboarding.
Typically require minimum play or revenue commitments depending on agreements.
Offers tiered pricing packages tailored to operator size and service scope.
Provides discounts and incentives for long-term contracts and high-volume operators.
Pricing is competitive within the mid-to-upper range of the gaming supplier industry.
Additional fees may apply for premium service levels, advanced analytics, and compliance tools.
Payment terms and billing cycles are generally monthly or quarterly depending on contract.
Performance-based pricing models are available, aligning fees with revenue and player engagement milestones.
Early termination penalties typically apply and vary by contractual terms.
Additional costs may be incurred for adding new games, features, or hardware upgrades mid-contract.
Technical support and maintenance fees are either included or charged as part of service agreements.
Pricing may vary by geographical market to reflect regulatory and economic conditions.
Everi offers negotiation flexibility to accommodate operator needs and market conditions.
Contracts generally span 3 to 5 years.
Offers exclusivity in certain markets or product categories by agreement.
Performance guarantees commonly required to ensure minimum revenue thresholds.
Intellectual property rights for games and technology are licensed under specific terms, usually retaining ownership by Everi.
Contract disputes are resolved through negotiation, mediation, or arbitration as stipulated.
Contracts include termination clauses with notice periods typically ranging from 90 to 180 days.
Strict non-compete and confidentiality agreements are standard in contracts.
Agreements include liability and indemnification clauses protecting both parties.
Contracts contain force majeure provisions covering extraordinary events like natural disasters.
Regulatory compliance obligations are explicitly detailed in contracts.
Provides SLAs guaranteeing system uptime often exceeding 99.9%.
Contracts specify data retention, deletion, or transfer procedures upon termination.
Marketing and branding guidelines restrict operator use of Everi’s intellectual property and branding without approval.
Operators must obtain company approval for promotional campaigns involving Everi products.
Contract amendments and modifications are handled via formal mutual agreement procedures.
Offers comprehensive technical support including installation, troubleshooting, and updates.
Provides 24/7 support services for mission-critical systems.
Support channels include phone, email, live chat, and ticketing systems.
Response to technical issues is prioritized with rapid initial acknowledgement and resolution efforts.
Dedicated account managers provide ongoing client relationship and service management.
Offers consulting services related to product implementation, compliance, and operational optimization.
Provides educational programs and workshops for operator staff on products and compliance.
May offer certification programs for operator employees to ensure proper system use.
Supplies a range of marketing collateral, promotional materials, and product information.
Actively assists operators with regulatory compliance and licensing matters.
Provides technical integration support and project management services.
Premium support services may incur additional fees depending on contract terms.
Employs dedicated client service teams and escalation processes to resolve disputes and operational issues.
Structured escalation pathways guide unresolved problems from support to management levels.
Offers on-site support and consultation depending on contract and location.
System uptime guaranteed typically at 99.9% or higher.
Historically maintains high reliability and consistent uptime standards.
Regular maintenance windows scheduled with client notification and planned updates.
Robust disaster recovery and business continuity plans are in place.
Backup systems and redundancies implemented to ensure uninterrupted service.
Continuous performance monitoring and reporting tools are provided to clients.
Systems architected to scale for high traffic during peak demand periods.
Implements multi-layered cybersecurity defenses and incident response protocols.
Conducts regular security audits and penetration testing as part of compliance.
Established incident response procedures for rapid mitigation of security threats.
Maintains communication channels to promptly notify clients of service issues or disruptions.
May offer service credits or compensation in accordance with SLA agreements.
Employs encryption, secure backups, and regular audits to ensure data integrity.
Holds certifications such as ISO 27001 for information security management.
Provides detailed system performance metrics and reports regularly to clients.
Invests a significant but undisclosed percentage of revenue into R&D focused on gaming content and fintech.
Employs a large team of software developers and engineers estimated to be several hundred.
R&D priorities include digital game innovation, fintech enhancements, regulatory compliance tools, and AI-driven analytics.
Maintains dedicated product and innovation teams focused on new gaming and fintech technologies.
Exploring AI-enhanced personalization, blockchain for compliance, and mobile-first gaming technologies.
Uses operator and player feedback to iteratively improve products and services.
Development cycles vary by product but generally span several months to one year from concept to release.
Collaborates with select external game developers and technology partners for diverse content.
Employs rigorous QA including automated testing, live game simulations, and compliance checks.
Prioritizes features based on market trends, regulatory changes, and operator demands.
Offers beta testing programs and pilot deployments with partner operators.
Implements strict IP protection measures and contractual safeguards.
Uses Agile and Scrum methodologies for flexible and rapid product development.
Ensures all games and platforms are developed cross-platform compatible across desktop, mobile, and casino systems.
Focuses on intuitive UI, accessible UX design, and engaging player interfaces.
Expanding into European markets, South America, and more developed online iGaming territories.
Pursuing additional licenses to expand online and international footprint.
Plans include increased presence in regulated online markets and emerging jurisdictions.
Exploring new digital game types, mobile financial solutions, and player engagement tools.
Engaged in recent M&A activity including acquisition by Apollo Global Management; strategic partnerships ongoing.
Leveraging integrated fintech and gaming content advantages to compete against new entrants.
Continues to invest in sales and marketing focused on new markets and digital distribution.
Evaluating direct-to-operator digital delivery and partnerships for broader access.
Increasing mobile-first game offerings and personalized content to meet evolving preferences.
Positions as a consolidate leader bridging gaming content, fintech, and compliance in a converging market.
Continuously innovates proprietary gaming cabinets and payment kiosks.
Investing in RegTech and compliance platforms to stay ahead of regulatory changes.
Focuses on continuous innovation, customer service, and broad product portfolio.
Emphasizes mobile-optimized games and mobile financial services offering.
No primary emphasis on live dealer or streaming games reported.
Limited activity noted in esports or virtual sports betting verticals.
Exploring blockchain integration primarily for transaction transparency and compliance.
Developing AI-driven analytics for enhanced personalization and predictive insights.
Implements responsible gambling tools integrated with compliance software and player data.
Targeting emerging regulated markets with tailored content and fintech solutions.
Supports evolving payment methods including cashless and mobile wallet technologies.
Focuses on integrated, omnichannel gaming and financial services experiences across land-based and digital platforms.
Maintains robust compliance programs and regular audit procedures.
Enforces strict data privacy policies compliant with GDPR and other regulations.
Focuses on attracting skilled gaming, fintech, and compliance professionals with development programs.
Continuously innovates product offerings and support services to meet evolving expectations.
Invests in cloud-based infrastructure for scalability and remote service delivery.
Optimizes code and infrastructure to reduce load times and enhance gameplay smoothness.
Enhances BI tools to provide actionable player and operational insights for operators.
Improves API offerings to streamline integration and expand interoperability.
Continuously upgrades security measures including encryption and intrusion detection.
Expands platform capacity and flexibility to support diverse operator needs.
Adopts modern programming frameworks and development tools aligned with industry best practices.
Upgrades content management systems to support efficient game distribution and updates.
Incorporates ML features for predictive analytics in player behavior and fraud detection.
Implements automated testing and enhanced QA methodologies.
Uses modern collaboration tools to improve internal and external communications.
Upgrades content management systems to support efficient game distribution and updates.
Pursues automation in testing, deployment, and operational processes.
Researching next-gen gaming tech including cloud gaming and enhanced player interfaces.
Actively modernizes legacy products and infrastructure to improve efficiency and capabilities.