AP NEWS

Everi to Demonstrate Full Range of Financial Technology Solutions That Address the Current and Future Needs of the Gaming Floor at 2018 Global Gaming Expo

October 3, 2018

LAS VEGAS, Oct. 03, 2018 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), the casino gaming industry’s only single source provider of gaming products and financial technology solutions, will debut a comprehensive portfolio of financial technology solutions that optimize casino operations and enhance the guest experience at the 18th annual Global Gaming Expo (G2E®), to be held at the Sands Expo and Convention Center (Booth #1116) in Las Vegas from October 9-11. Alongside the Company’s largest-ever lineup of Games solutions, Everi FinTech will display its latest innovations that help operators responsibly deliver more cash to the casino floor and allow casino operators to maintain the highest level of compliance, all while driving gaming and non-gaming revenue.

“Each year, we process more than 100 million transactions across our secure network and drive almost $27 billion onto the floors of our casino partners,” said Michael Rumbolz, President and Chief Executive Officer, at Everi. “This scale and our expertise across the gaming industry’s financial technology space uniquely positions Everi to deliver integrated solutions that help casino operators maximize funds delivered to their casino floors while providing their guests with a rich, seamless experience. Our customers know that our commitment to innovation results in products that improve the efficiency of their cash access operations and provide them with the ability to make proactive and informed decisions around player behavior, such as through our Anti-Money Laundering (AML) compliance solutions. Everi’s advanced financial technology solutions on display at G2E 2018 will reinforce the fact we remain far ahead of the industry in creating products that address the industry’s current financial technology needs while also demonstrating the path forward as the market evolves.”

Darren Simmons, Everi’s FinTech Business Leader, added, “We’re focused on providing our customers with solutions that are fully integrated across all of the channels we address for the gaming industry’s financial technology needs. We remain committed to delivering industry-leading solutions that enable our customers to provide funds to the floor, meet their growing burden of regulatory obligations, and achieve the highest standard of network security, all with a keen eye on responsible gaming. This core foundation provides an excellent platform for Everi to develop the next generation of solutions that will provide customers with a 360-degree view of their guests, enabling them to make more informed decisions. These capabilities will be on display at G2E as we highlight how we are delivering the future of financial gaming technology, today.”

Everi FinTech product displays at G2E 2018 will also include integrated digital experience sessions where operators can interact with a combination of current, emerging, and future financial technology concepts, a new element for the show this year. Everi FinTech product demonstrations at G2E 2018 will include:

CashClub Wallet™ is a sophisticated, interactive digital wallet that consolidates payment options for players when integrated with Everi’s CashClub® software and full-service kiosks. CashClub Wallet allows players to store multiple payment methods, easily move funds in and out of the casino, and manage their spend limits, all aimed at supporting responsible gaming. CashClub Wallet also creates consistency across payment types through a convenient and efficient patron interface.

CashClub® Concierge is a personalized cash access cage service for VIPs as well as table games and high-limit room players that integrates mobile tablets and mobile point-of-sale (POS) devices through the CashClub software. CashClub Concierge eliminates the need for a player to move away from gaming to access additional funds as the product brings the cage to the player. Once players are enrolled in CashClub, they only need to visit the cage once for transactions to be authorized, retrieved, and completed on the floor.

Everi will have on display a number of its fully integrated kiosks including its newest full-service kiosks, the CXC 5.0 and CXC 5.0 L, that offer enhanced security features including self-frosting glass and a real-time rear view camera as well as plentiful branding and marketing space. Designed for smaller volume properties, the CXC 5.0 L offers similar services as the CXC 5.0, but with a smaller footprint and a lower price point. The space- and cost-efficient VersatileXchange™ (VXC) kiosk, a feature rich platform that can dispense cash or tickets, issue cards, convert currency, and/or configure enrollment, will also be on demonstration. All three of these kiosks will feature QuikTicket™, CashClub Wallet, ticket-in/ticket-out (TITO), bill breaking, and the Everi Cares™ Giving Module, the only premier cashless donation opportunity available in the gaming space.

Everi is teaming up with Atrient, a leading innovator in self-service loyalty kiosks for the gaming industry, to offer operators one-on-one demonstrations, showing how Atrient’s PowerKiosk™ combined with Everi’s multi-function CXC kiosks come together to enhance player loyalty and drive more funds to the gaming floor. Everi will also have two kiosks specifically tailored for international markets on display at the show.

Everi Compliance® AML solution is the gold standard for AML compliance across the industry. The product suite provides real-time tracking for all transactions on the casino floor and integrates with all major casino management systems. The system also completes, files, and archives forms required to comply with federal money laundering requirements.

Jackpot Xpress™ is a highly intuitive software platform that enables floor staff to securely and efficiently process jackpots using a mobile device (Jackpot Xpress Mobile) right at the player’s gaming machine or at the JackpotXchange® Lite (JXC-L) kiosk. Jackpot Xpress is the only jackpot management system that combines mobile productivity, secure kiosk payment, tax forms management, and AML tracking into a single solution. The technology effectively reduces or eliminates paper, reduces cage lines, player wait times, and improves efficiency of casino staff.

Everi’s CageXchange™ cash dispenser speeds up transactions, reduces cash shrinkage, and improves overall casino staff productivity. By reducing tedious manual cash counting, wait times are significantly shortened, allowing staff to focus more time on customer service and other cash room functions. CageXchange helps improve cage accuracy and stores cash securely, providing additional protection of funds while reducing counting and balancing times.

RecyclerXchange™ cash recycler removes the need for cashiers and tellers to count and verify currency, allowing staff to focus more time on customer service. RecyclerXchange automatically counts, stores, and sorts cash, allowing casinos to maximize cash inventory and tighten cash controls that positively impact operations. The product also increases a casino’s ability to flex services and space to meet evolving customer demands.

Everi’s CentralCredit® is the industry-leading repository for casino-related credit information and reporting to determine a patrons’ creditworthiness. The solution enables operators to quickly and efficiently make informed, proactive decisions for extending casino credit to patrons – as the platform provides real-time and seamless access to the industry’s largest gaming credit bureau. Similar to other solutions in Everi’s Intelligence toolkit, CentralCredit has helped operators grow market share and increase patron loyalty while increasing operational efficiencies.

Tweet ThisEveri FinTech to demonstrate full range of financial technology solutions that address the current and future needs of the gaming floor at 2018 Global Gaming Expo. October 9-11, Sands Expo. Booth #1116. https://bit.ly/2Jy8ZHr. #G2E2018 #everipowers

About EveriEveri is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a diverse portfolio of products including innovative gaming machines that Powers the Casino Floor®, and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence. For more information, visit www.everi.com.

Join Everi on Social MediaTwitter: https://twitter.com/everi_inc LinkedIn: https://www.linkedin.com/company/everi Facebook: https://www.facebook.com/EveriHoldingsInc/ Instagram: https://www.instagram.com/everi_inc

Product names mentioned in this release are trademarks of Everi Holdings Inc. and/or its wholly owned subsidiaries, except for “G2E,” which is a registered trademark of the American Gaming Association and Reed Elsevier Inc.

Contacts:

Investor RelationsRichard Land, James LeahyJCIR(212) 835-8500 evri@jcir.com

Media RelationsLee HigginsMarketing Communications Specialist(512) 334-7579 lee.higgins@everi.com

AP RADIO
Update hourly