OverviewSuggest Edit

Everi Holdings Inc. (formerly Global Cash Access Holdings) is a company that produces slot machines and provides financial equipment and services to casinos. The Company provides comprehensive content, electronic gaming units, and systems for Native American and commercial casinos, including TournEvent slot tournament solution; and the central determinant system for the video lottery terminals installed in the State of New York.

Everi Payments provides access to cash at gaming facilities via Automated Teller Machine cash withdrawals, credit card cash access transactions, point of sale debit card transactions, and check verification and warranty services; fully integrated gaming industry kiosks that provide cash access and related services; products and services that improve credit decision making, automate cashier operations and enhance patron marketing activities for gaming establishments; compliance, audit and data solutions; and online payment processing solutions for gaming operators in states that offer intrastate, Internet-based gaming and lottery activities.

TypePublic
Founded1998
HQLas Vegas, US
Websiteeveri.com
Employee Ratings3

Latest Updates

Employees (est.) (Dec 2018)1,250(+14%)
Job Openings37
Revenue (FY, 2018)$469.5 M(-51%)
Share Price (Dec 2019)$11.9 (-7%)

Key People/Management at Everi

Michael Rumbolz

Michael Rumbolz

President and Chief Executive Officer
Randy Taylor

Randy Taylor

Executive Vice President and Chief Financial Officer
Dean Ehrlich

Dean Ehrlich

Executive Vice President and Games Business Leader
David Lucchese

David Lucchese

Executive Vice President, Digital & Interactive Business Leader
Edward Peters

Edward Peters

Executive Vice President, Sales and Marketing
Harper Ko

Harper Ko

Executive Vice President, Chief Legal Officer and General Counsel
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Everi Office Locations

Everi has an office in Las Vegas
Las Vegas, US (HQ)
7250 S Tenaya Way #100
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Everi Financials and Metrics

Everi Revenue

Everi's revenue was reported to be $469.52 m in FY, 2018
USD

Revenue (Q3, 2019)

48.5m

Gross profit (Q3, 2019)

43.6m

Gross profit margin (Q3, 2019), %

89.8%

Market capitalization (5-Dec-2019)

857.5m

Closing stock price (5-Dec-2019)

11.9

Cash (30-Sept-2019)

275.7m

EV

1.7b
Everi's current market capitalization is $857.5 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

544.1m584.5m582.4m593.1m827.0m859.5m974.9m469.5m

Revenue growth, %

2%39%4%

Cost of goods sold

94.4m

Gross profit

375.1m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

135.1m136.9m151.1m147.5m149.8m146.8m149.1m146.1m150.6m144.9m145.5m207.5m206.4m208.7m205.8m214.0m222.2m237.5m242.2m247.3m111.0m118.7m120.3m123.8m129.7m48.5m

Cost of goods sold

86.5m96.1m24.6m24.6m26.0m4.9m

Gross profit

24.5m22.6m95.7m99.1m103.7m43.6m

Gross profit Margin, %

22%19%80%80%80%90%
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

55.5m153.0m114.3m89.1m102.0m119.1m128.6m297.5m

Accounts Receivable

37.7m52.4m5.0m47.8m64.4m

Prepaid Expenses

15.4m18.3m26.8m19.0m20.8m20.7m20.3m

Inventories

7.1m7.1m9.4m27.2m28.7m19.1m24.0m24.4m
USDY, 2019

EV/CFO

14.3 x

Financial Leverage

-21.8 x
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Everi Operating Metrics

FY, 2014FY, 2015FY, 2016

Patent Applications

70 60 50

Patents (US)

150

Patents Issued

220 220 250
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Everi Revenue Breakdown

Embed Graph

Everi revenue breakdown by business segment: 24.8% from Games and 75.2% from Payments

Everi Online and Social Media Presence

Embed Graph

Everi News and Updates

Everi Holdings to Participate at 16th Annual Craig-Hallum Institutional Investor Conference on May 29

LAS VEGAS, May 22, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today that the Company will participate at the 16th Annual Craig Hallum Institutional Investor Conferenc…

Everi Holdings to Report 2019 First Quarter Results on May 7 and Host Conference Call and Webcast

LAS VEGAS, April 16, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) announced today that it will release its 2019 first quarter results after the market closes on Tuesday, May 7, 2019, and host a conference call and simultaneous webcast at 5:00 p.m. ET that day.  Both the call and webcas…

Everi to Showcase Compelling Gaming Products and Powerful Financial Technology Solutions at 2019 Indian Gaming Tradeshow and Convention

LAS VEGAS, March 29, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today it will showcase its latest gaming innovations at the Indian Gaming …

Everi Reports 2018 Fourth Quarter and Full Year Results

Provides Outlook for 2019 Growth in Revenue, Adjusted EBITDA and Free Cash Flow

Everi Holdings to Participate in Two upcoming Institutional Investor Conferences

LAS VEGAS, March 07, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today that its senior management will be participating in two upcoming institutional investor conferen…

Everi Holdings to Participate at Raymond James 40th Annual Institutional Investor Conference on March 4

LAS VEGAS, Feb. 25, 2019 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI), the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced today that the Company will participate at the Raymond James 40th Annual Institutional Investor Confere…
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Everi Blogs

Everi Delivering World Class Exclusive Gaming Content to Golden Nugget for Online Real-Money Gaming in New Jersey

LAS VEGAS (Nov. 19, 2019) – Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and financial technology and loyalty solutions, announced today that GoldenNuggetCasino.com has exclusively launched the Company’s player-fa…

Everi Wins Best Slot Product and Best Consumer-Service Technology Awards from Global Gaming Business

LAS VEGAS (Nov. 14, 2019) – Everi Holdings Inc., (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products and financial technology and loyalty solutions, received the gold medal for Best Slot Product for its Smokin’ Hot Stuff Wicked Wheel™ game theme an…

Everi Appoints Atul Bali to Its Board of Directors

LAS VEGAS (Nov. 5, 2019) – Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the gaming industry’s premier single-source provider of gaming products, financial technology and loyalty solutions, announced today that the Company’s Board of Directors (the “Board”) has appointed Atul Bali to …

Everi Reports 2019 Third Quarter Results

LAS VEGAS (Nov. 5, 2019) – Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the gaming industry’s premier single-source provider of gaming products, financial technology and loyalty solutions, today reported record financial results for the third quarter ended September 30, 2019 and reit…

Everi Congratulates TournEvent of Champions® Winner Following Thrilling Finale at XS Nightclub in Las Vegas on October 16

LAS VEGAS (Oct. 23, 2019) – Everi Holdings Inc. (NYSE: EVRI), (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products and financial technology and loyalty solutions, crowned Tamar M. the winner of its seventh annual TournEvent of Champions® The Million…

Everi to Showcase Broad Portfolio of Interactive Gaming Offerings at 2019 Global Gaming Expo

LAS VEGAS (Oct. 14, 2019) – Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products and financial technology and loyalty solutions, will demonstrate the growing breadth and depth of its social and real-money interactive…
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Everi Frequently Asked Questions

  • When was Everi founded?

    Everi was founded in 1998.

  • Who are Everi key executives?

    Everi's key executives are Michael Rumbolz, Randy Taylor and Dean Ehrlich.

  • How many employees does Everi have?

    Everi has 1,250 employees.

  • What is Everi revenue?

    Latest Everi annual revenue is $469.5 m.

  • What is Everi revenue per employee?

    Latest Everi revenue per employee is $375.6 k.

  • Who are Everi competitors?

    Competitors of Everi include Canterbury Park, Penn National Gaming and SJM Holdings.

  • Where is Everi headquarters?

    Everi headquarters is located at 7250 S Tenaya Way #100, Las Vegas.

  • Where are Everi offices?

    Everi has an office in Las Vegas.

  • How many offices does Everi have?

    Everi has 1 office.