Everi Holdings Inc

Everi Holdings Inc (EVRI) News & Events

$14.240

+0.010 (+0.07%)At close

EVRI News

EVRI Events

7/22 08:30

Sixteen option delistings on July 22nd

Option delistings effective July 22nd include Radius Recycling, Inc. - Class A Common Stock (RDUS), PHX Minerals Inc. (PHX), LSEA Stock (LSEA), KRON Stock (KRON), Juniper Networks, Inc. (JNPR), INZY Stock (INZY), HARTFORD SCHRODERS COMMODITY STRATEGY ETF (HCOM), EVRI Stock (EVRI), Enstar Group Limited - Ordinary Shares (ESGR), Dada Nexus (DADA), GRANITESHARES 1X SHORT AMD DAILY ETF (AMDS), AGS Stock (AGS), RGLS Stock (RGLS), SWTX Stock (SWTX), WisdomTree Battery Value Chain and Innovation Fund (WBAT), and X Stock (X).

7/1 08:55

Apollo funds complete acquisitions of IGT's Gaming, Digital business and Everi

Apollo (APO) announced the completion of the previously announced acquisitions of International Game Technology's (IGT) Gaming & Digital Business and Everi Holdings (EVRI) by a holding company owned by funds managed by Apollo affiliates. The all-cash transaction, valued at approximately $6.3B, brings together complementary businesses to form a privately held global leader in gaming, digital and financial technology solutions. The two companies will be integrated into a combined enterprise in the coming months. Headquartered in Las Vegas, the combined enterprise will operate under the IGT name, while retaining the Everi brand in select markets and product lines. IGT will be organized into three business units: Gaming, Digital and FinTech, creating a customer-first enterprise supported by a people-first culture that values talent, collaboration and innovation. As previously announced, Hector Fernandez is expected to assume the role of CEO of IGT in the fourth quarter of 2025, following the expiration of a customary non-compete period. Until then, Mr. Khin will lead the organization and transition into the role of CEO of IGT's Gaming business unit upon Mr. Fernandez's arrival. Effective today, Everi common stock has been delisted from the New York Stock Exchange. Everi stockholders are receiving $14.25 per share in cash, and International Game Technology PLC is receiving $4.05B of gross cash proceeds

4/29 10:29

Everi Holdings sees March quarter revenue of $176M-$186M

In a regulatory filing, Everi Holdings has provided preliminary estimates of unaudited selected financial results as of March 31 and for its three months ended March 31 in connection with anticipated discussions with prospective lenders for purposes of financing a previously announced proposed transaction. For the three months ended March 31, Everi sees pro forma adjusted EBITDA of $66M-$72M, the filing noted. "As previously disclosed, on July 26, 2024, the Company entered into definitive agreements with International Game Technology PLC (IGT), a public limited company incorporated under the laws of England and Wales, Ignite Rotate LLC, a Delaware limited liability company and a direct wholly owned subsidiary of IGT, Voyager Parent, LLC, a Delaware limited liability company, and Voyager Merger Sub, Inc., a Delaware corporation and a direct wholly owned subsidiary of Buyer, pursuant to which, and subject to the terms and conditions of the definitive agreements, the Parties agreed to consummate certain proposed transactions, as a result of which, among other matters, Everi and IGT's Gaming & Digital business will be simultaneously acquired by a newly formed holding company owned by funds managed by affiliates of Apollo Global Management," the filing noted.

This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.

Get Started