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1/ST LAUNCHES FULL SUITE VENUE APP, INCLUDING AN INTEGRATED WAGERING EXPERIENCE FOR HORSE RACING FANS AT GULFSTREAM PARK, DEVELOPED WITH EVERI

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Everi Holdings (NYSE: EVRI) and 1/ST have launched the new Gulfstream Racing App, expanding Everi's presence in horse racing following its 2023 Venuetize acquisition. The app, now available on Apple App Store, combines traditional venue features with an integrated wagering experience.

Phase I includes ticketing, dining reservations, promotions, race schedules, messaging, and a 1/ST-designed in-app horse wagering system for win, place, and show bets. The app utilizes Everi's BeOn™ Mobile platform and CashClub Wallet® technology for cashless wagering on-site.

Launched before the 2025 Pegasus World Cup at Gulfstream Park, the partnership will expand to Santa Anita Park in Phase II, featuring enhanced horse wagering and wallet funding capabilities.

Everi Holdings (NYSE: EVRI) e 1/ST hanno lanciato la nuova Gulfstream Racing App, ampliando la presenza di Everi nel mondo delle corse di cavalli a seguito dell'acquisizione di Venuetize nel 2023. L'app, ora disponibile su Apple App Store, unisce le caratteristiche tradizionali dell'evento con un'esperienza di scommessa integrata.

La fase I include la vendita di biglietti, prenotazioni per i ristoranti, promozioni, programmi delle gare, messaggistica e un sistema di scommesse per i cavalli progettato da 1/ST per scommesse su vincite, piazzamenti e show. L'app utilizza la tecnologia di BeOn™ Mobile platform e CashClub Wallet® di Everi per scommesse senza contante sul posto.

Lanciata prima del 2025 Pegasus World Cup al Gulfstream Park, la partnership si espanderà al Santa Anita Park nella fase II, con funzionalità migliorate per le scommesse sui cavalli e il finanziamento del portafoglio.

Everi Holdings (NYSE: EVRI) y 1/ST han lanzado la nueva Gulfstream Racing App, ampliando la presencia de Everi en las carreras de caballos tras la adquisición de Venuetize en 2023. La app, ya disponible en el Apple App Store, combina características tradicionales de los eventos con una experiencia de apuestas integrada.

La Fase I incluye venta de entradas, reservas de restaurantes, promociones, horarios de carreras, mensajería y un sistema de apuestas de caballos diseñado por 1/ST para apuestas de ganar, colocar y mostrar. La app utiliza la tecnología de BeOn™ Mobile platform y CashClub Wallet® de Everi para apuestas sin efectivo en el lugar.

Lanzada antes de la Pegasus World Cup 2025 en Gulfstream Park, la asociación se expandirá al Santa Anita Park en la Fase II, con capacidades mejoradas de apuestas de caballos y financiación de billetera.

Everi Holdings (NYSE: EVRI)와 1/ST가 새로운 Gulfstream Racing App을 출시하여 2023년 Venuetize 인수 이후 Everi의 경마 진출을 확대했습니다. 현재 Apple App Store에서 제공되는 이 앱은 전통적인 현장 기능과 통합된 배팅 경험을 결합합니다.

1단계에는 티켓 판매, 레스토랑 예약, 프로모션, 경주 일정, 메시징 및 1/ST에서 설계한 앱 내 경마 배팅 시스템이 포함되어 있어 우승, 배치 및 쇼 베팅이 가능합니다. 해당 앱은 Everi의 BeOn™ Mobile platformCashClub Wallet® 기술을 활용하여 현장에서 현금 없이 배팅할 수 있습니다.

2025년 펠가수 월드컵을 앞두고 Gulfstream Park에서 출시된 이 파트너십은 2단계에서 Santa Anita Park로 확장되어 더욱 향상된 경마 배팅 및 지갑 자금 지원 기능을 갖출 예정입니다.

Everi Holdings (NYSE: EVRI) et 1/ST ont lancé la nouvelle Gulfstream Racing App, élargissant la présence d'Everi dans les courses de chevaux suite à l'acquisition de Venuetize en 2023. L'application, désormais disponible sur l'Apple App Store, combine des caractéristiques traditionnelles des lieux avec une expérience de paris intégrée.

La phase I comprend la vente de billets, les réservations de restaurants, les promotions, les horaires de courses, la messagerie et un système de paris internes conçu par 1/ST pour les paris gagnants, placés et de show. L'application utilise la technologie de BeOn™ Mobile platform et CashClub Wallet® d'Everi pour des paris sans espèces sur place.

Lancée avant la Pegasus World Cup 2025 au Gulfstream Park, le partenariat s'étendra au Santa Anita Park lors de la phase II, avec des capacités améliorées de paris sur les chevaux et de financement de portefeuille.

Everi Holdings (NYSE: EVRI) und 1/ST haben die neue Gulfstream Racing App gestartet, die die Präsenz von Everi im Pferderennsport nach der Übernahme von Venuetize im Jahr 2023 erweitert. Die App ist jetzt im Apple App Store erhältlich und kombiniert traditionelle Veranstaltungsfunktionen mit einem integrierten Wett-Erlebnis.

Phase I umfasst Ticketverkauf, Restaurantreservierungen, Promotionen, Rennzeitpläne, Messaging und ein von 1/ST entworfenes In-App-Pferdewett-System für Gewinn-, Platz- und Showwetten. Die App nutzt Everis BeOn™ Mobile platform und CashClub Wallet® Technologie für bargeldloses Wetten vor Ort.

Die Partnerschaft, die vor dem Pegasus World Cup 2025 im Gulfstream Park gestartet wurde, wird in Phase II auf den Santa Anita Park ausgeweitet und bietet verbesserte Funktionen für Pferdewetten und Wallet-Finanzierungsmöglichkeiten.

Positive
  • Strategic expansion into Sports and Entertainment market through new app launch
  • Integration of cashless wagering technology for on-site betting
  • Planned expansion to additional venue (Santa Anita Park)
  • New revenue stream through horse racing wagering platform
Negative
  • initial availability (Apple App Store only)
  • Restricted to on-site wagering in Phase I

Insights

The launch of the Gulfstream Racing App marks a strategic milestone in Everi's evolution from a traditional gaming technology provider to a comprehensive digital solutions company. This development is particularly significant for three key reasons:

First, it demonstrates successful integration of the Venuetize acquisition, showing Everi's ability to leverage M&A investments to penetrate new markets. The horse racing betting market in the US is estimated at over $11 billion annually, presenting a substantial opportunity for revenue growth.

Second, the partnership with 1/ST, a leader in North American horse racing, provides Everi with immediate access to premium venues and a established customer base. The planned expansion to Santa Anita Park indicates a scalable business model that could be replicated across other major racing venues.

Third, the integration of BeOn™ Mobile and CashClub Wallet® technologies creates multiple revenue streams through:

  • Transaction fees from digital wagering
  • Wallet funding fees
  • Licensing fees for the venue app platform
  • Potential revenue sharing from increased betting activity

The timing of the launch ahead of the prestigious Pegasus World Cup maximizes visibility and adoption potential. The phased rollout approach also allows for iterative improvements based on user feedback, reducing implementation risks while maintaining momentum.

The technical architecture of the Gulfstream Racing App represents a significant advancement in mobile betting technology integration. The solution stands out for several technical innovations:

The platform's ability to handle both traditional venue operations (ticketing, dining, promotions) and real-time wagering transactions demonstrates sophisticated middleware integration. This unified approach reduces friction in the user journey and potentially increases betting conversion rates.

The implementation of cashless wagering through CashClub Wallet® is particularly noteworthy as it addresses both regulatory compliance and user convenience. The system's ability to process win, place and show bets while maintaining security protocols showcases advanced transaction handling capabilities.

The phased deployment strategy indicates a well-planned technical roadmap, with Phase II set to expand wallet funding options and betting features. This iterative approach allows for performance optimization and user feedback incorporation, important for maintaining high app store ratings and user retention.

Utilizing Everi's BeOn™ Mobile Services, the Gulfstream Racing App Includes Traditional Venue App Features and an Expanded Wagering Experience

LAS VEGAS and HALLANDALE BEACH, Fla., Jan. 29, 2025 /PRNewswire/ -- Everi Holdings Inc. (NYSE: EVRI) ("Everi" or "the Company"), a premier provider of land-based and digital casino gaming content and products, financial technology, player loyalty solutions and bingo, in an agreement with 1/ST, North America's preeminent Thoroughbred horse racing and pari-mutuel wagering company, today announced the launch of their new mobile app and wagering experience, Gulfstream Racing.

The new Gulfstream Racing App is now available in the Apple App Store. This launch is part of Everi's strategic expansion into Sports and Entertainment following its acquisition of Venuetize in 2023 and expands the company's footprint in the horse racing segment. Gulfstream Racing will be a valuable companion app for guests seeking the premier hospitality experience that 1/ST provides.

Phase I of the app launch includes traditional venue app features – ticketing, dining reservations, promotions, race schedules, push and messaging – and a 1/ST designed in-app horse wagering experience to allow fans to place win, place and show bets. The app utilizes Everi's BeOn™ Mobile platform and digital CashClub Wallet® technology to facilitate a cashless wagering option in the app for fans on-site.

The app launched ahead of the 2025 Pegasus World Cup, South Florida's leading luxury sports and lifestyle event, which took place on Saturday, January 25, at Gulfstream Park. In addition to Gulfstream Park, Everi and 1/ST will soon roll out a venue app for the renowned Santa Anita Park, including an expansion of the horse wagering and wallet funding experiences, as part of Phase II of this mobile deployment.

"With 1/ST's experience in delivering world-class entertainment and wagering for horse racing fans, we felt it was a natural fit for Everi to help enhance the venue experience with additional mobile and funding capabilities," said Darren Simmons, Everi's Executive Vice President and FinTech Business Leader. "Our ability to develop solutions for additional fan engagement, flexible enough to reach them wherever they are, is a key part of our combined strategy to enable seamless, mobile-first, self-service journeys, to meet fans at their preferred touchpoint."

"The collaboration between Everi and 1/ST is about delivering an intuitive, convenient and engaging experience for our fans, and is specially designed for those who are new to horse racing," said Keith Johnson, President, 1/ST TECHNOLOGY.  "The Gulfstream Racing App puts the picks of our horse racing experts readily into their hands with a simplified direct betting interface. It also includes ticketing, dining and key venue event highlights, putting everything you need for a fun day at the track in one easy-to-use platform."

About Everi
Everi's mission is to lead the gaming industry through the power of people, imagination, and technology. As one of the largest suppliers of technology solutions for the casino floor that also has an expanding focus in adjacent industries, our commitment is to continually develop products and services that provide gaming entertainment, improve our customers' patron engagement, and help our customers operate their businesses more efficiently. We develop entertaining game content, gaming machines, and gaming systems to serve our land-based, iGaming and bingo operators. Everi is a leading innovator and provider of trusted financial technology solutions that power casino floors, improve casinos' operational efficiencies, and fulfill regulatory compliance requirements. The Company also develops and supplies player loyalty tools and mobile-first applications that drive increased patron engagement for our customers and venues in the casino, sports, entertainment, and hospitality industries. For more information, please visit www.everi.com.

About The Stronach Group and 1/ST
The Stronach Group is a world-class technology, entertainment and real estate development company with Thoroughbred racing and pari-mutuel wagering at the core. The Stronach Group's 1/ST business (pronounced "First") is North America's preeminent Thoroughbred racing and pari-mutuel wagering company and includes the 1/ST RACING & GAMING, 1/ST CONTENT, 1/ST TECHNOLOGY and 1/ST EXPERIENCE businesses, while advocating for and driving the 1/ST HORSE CARE mission. 1/ST represents The Stronach Group's continued movement toward redefining Thoroughbred racing and the ecosystem that drives it. 1/ST RACING & GAMING drives the best-in-class racing operations and gaming offerings at the company's premier racetracks and training centers including: Santa Anita Park and San Luis Rey Downs (California); Gulfstream Park – home of the Pegasus World Cup and Palm Meadows Thoroughbred Training Center (Florida); Laurel Park, The Preakness Stakes, Rosecroft Raceway and Bowie Training Center (Maryland). 1/ST CONTENT is the operating group for 1/ST's media and content companies including: Monarch Content Management, Elite, TSG Global Wagering Solutions (GWS) and XBTV. 1/ST TECHNOLOGY is racing's largest racing and gaming technology company offering world-class products via its AmTote, Xpressbet, 1/ST BET, XB SELECT, XB NET, PariMAX and Betmix brands. 1/ST EXPERIENCE blends the worlds of sports, entertainment and hospitality through innovative content development, elevated national and local venue management and hospitality, strategic partnerships, sponsorships, and procurement development. As the advocate for critical industry reforms and by making meaningful investments into aftercare programs for retired horses and jockeys, 1/ST HORSE CARE represents The Stronach Group's commitment to achieving the highest level of horse and rider care and safety standards in Thoroughbred racing on and off the track. The Stronach Group's TSG Properties is responsible for the development of the company's live, play and work communities surrounding its racing venues including: The Village at Gulfstream Park (Florida) and Paddock Pointe (Maryland). For more information, visit www.1st.com or follow @1ST_racing on Twitter or @1stracing on Instagram and Facebook.

Join Everi on Social Media
Twitter:  https://twitter.com/everi_inc
LinkedIn:  https://www.linkedin.com/company/everi 
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Contacts: 
Everi Media Relations
Dona Cassese
VP, Marketing
(702) 556-7133 or dona.cassese@everi.com

Mike Young
Corporate Communications
(702) 518-9179 or mike.young@everi.com

1/ST Media Relations
Tiffani Steer
Vice President, Communications
Tiffani.steer@1st.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/1st-launches-full-suite-venue-app-including-an-integrated-wagering-experience-for-horse-racing-fans-at-gulfstream-park-developed-with-everi-302363021.html

SOURCE Everi Holdings Inc.

FAQ

What features are included in Phase I of the Gulfstream Racing App by EVRI?

Phase I includes ticketing, dining reservations, promotions, race schedules, push messaging, and a 1/ST-designed in-app horse wagering system for win, place, and show bets, utilizing BeOn™ Mobile platform and CashClub Wallet® technology.

When will EVRI expand the Gulfstream Racing App to Santa Anita Park?

The expansion to Santa Anita Park will occur in Phase II of the mobile deployment, with enhanced horse wagering and wallet funding experiences, though no specific date was announced.

What betting options are available in the EVRI Gulfstream Racing App?

The app currently allows users to place win, place, and show bets through a simplified direct betting interface, with cashless wagering options available for on-site users.

How does EVRI's CashClub Wallet® technology integrate with the Gulfstream Racing App?

CashClub Wallet® technology facilitates cashless wagering options within the app for fans betting on-site at Gulfstream Park.

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