Everi Agrees to Acquire Strategic Assets and Retains Experienced Team from Australia-Based Atlas Gaming
11 Janeiro 2022 - 10:00AM
Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a
premier provider of land-based and digital casino gaming content
and products, financial technology and player loyalty solutions,
today announced that it has agreed to acquire certain strategic
assets, including game development technology and intellectual
property of Atlas Gaming Pty Ltd and Atlas Gaming Technologies Pty
Ltd (collectively, “Atlas”), an Australia-based developer and
provider of proprietary gaming content and products. Everi expects
the acquisition to close within the next 60 days. The acquisition
of the Atlas assets complements Everi’s existing game development
studios and portfolio of games while providing a pathway for future
expansion into new international markets. In conjunction with the
acquisition of these assets, Atlas development and engineering team
members will join Everi. Everi will fund the acquisition from
existing cash on hand.
Dean Ehrlich, Everi’s Executive Vice President
and Games Business Leader, said, “We are excited to welcome members
of the talented and experienced Atlas team to Everi. We look
forward to Atlas’ game developers and engineers bringing a global
perspective that will help us execute a more robust product roadmap
and support our growth strategy of delivering best-in-class
content. This transaction strengthens Everi’s development
capabilities and will further bolster the future expansion and
differentiation of our gaming products. We expect to leverage the
Atlas development team and purchased assets to provide more
original content for our current customer base while creating an
opportunity to further penetrate the markets Atlas has historically
served, including Australia.”
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Forward-Looking Statements
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release are subject to additional risks and uncertainties,
including those set forth under the heading “Risk Factors” and
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” in our filings with the Securities and
Exchange Commission (the “SEC”), including, without limitation, our
Annual Report on Form 10-K for the fiscal year ended December 31,
2020 filed with the SEC on March 15, 2021 and subsequent periodic
reports, and are based on information available to us on the date
hereof.
These cautionary statements qualify our
forward-looking statements, and you are cautioned not to place
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date on which it is made, and we do not intend, and assume no
obligation, to update or revise any forward-looking statements,
whether as a result of new information, future events or
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This press release should be read in conjunction
with our most recent reports on Form 10‑K and Form 10‑Q, and the
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Understanding the information contained in these filings is
important in order to fully understand our reported financial
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About Everi
Everi’s mission is to lead the gaming industry
through the power of people, imagination and technology. With a
focus on player engagement and helping casino customers operate
more efficiently, the Company develops entertaining game content
and gaming machines, gaming systems, and services for land-based
and iGaming operators. The Company is also a preeminent and
comprehensive provider of trusted financial technology solutions
that power the casino floor while improving operational
efficiencies and fulfilling regulatory compliance requirements,
including products and services that facilitate convenient and
secure cash and cashless financial transactions, self-service
player loyalty tools and applications, and regulatory and
intelligence software. For more information, please visit
www.everi.com, which is updated regularly with financial and other
information about the Company.
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Contacts: Everi Media
RelationsDona CasseseVP, Marketing (702) 556-7133
or dona.cassese@everi.com
Mike YoungCorporate Communications Specialist (702) 518-9179
or mike.young@everi.com
Everi Investor RelationsWilliam PfundSVP,
Investor Relations (702) 676-9513
or william.pfund@everi.com
JCIRRichard Land, James Leahy(212) 835-8500
or evri@jcir.com
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