Everi Signs Five-Year Agreement With Delaware Lottery To Provide Popular Three-Reel Mechanical And Video Slot Content Including Progressive Titles

Rhea-AI Summary

Everi Holdings has signed a five-year agreement with the Delaware Lottery to introduce its gaming content, launching in late 2021 at three locations: Casino at Delaware Park, Dover Downs Hotel & Casino, and Harrington Raceway & Casino. Nearly 500 gaming units will be installed by early 2022, showcasing 68 game themes, including the award-winning The Vault®. This partnership aims to expand Everi's market presence and enhance player engagement.

Positive

• Five-year agreement with Delaware Lottery enhances market penetration.
• Installation of nearly 500 gaming units expected to boost revenue.
• Introduction of high-demand game themes, including award-winners.

Negative

• None.

LAS VEGAS and DOVER, Del., Oct. 26, 2021 /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, and player loyalty solutions today announced a five-year agreement with the Delaware Lottery to launch the Company's high-performing gaming content.

Everi will bring an extensive library of its proven, player-popular games to Delaware for the first time with an anticipated late 2021 launch at three properties. The company plans to install nearly 500 units across Casino at Delaware Park, Dover Downs Hotel & Casino, and Harrington Raceway & Casino by early 2022. Everi will deploy almost every cabinet in its portfolio – the Empire MPX™, Empire Flex™, Empire DCX™, Empire Arena™, Flex Fusion™, Player Classic®, Player Classic Skyline™, and Skyline Revolve™ platforms.

"This is an important opportunity to work with the Delaware Lottery to grow our installed base and generate excitement with our high-performing products in a new market," said Dean Ehrlich, Everi Executive Vice President and Games Business Leader. "We are excited to bring patrons of Delaware casinos the elevated experience Everi is known for, with our engaging gaming content and cabinets."

Everi will deploy 68 total themes in the state. Each of the three properties will receive the award-winning The Vault® game theme with its attractive 360-degree LED sign as a showcase bank for the Company's Empire Arena platform. Other successful titles that will launch in Delaware include: Cashnado™ on Flex Fusion, as well as the industry-leading Double Black Diamond™, Crystal Star®, and the award-winning Cash Machine® on Player Classic.

About Everi

Everi's mission is to lead the gaming industry through the power of people, imagination, and technology. Focused on player engagement and assisting our casino customers to 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 the preeminent 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.

About The Delaware Lottery

Since the start of operations in 1975, the Delaware Lottery has contributed $5.8 billion to the state's General Fund to help finance needed state services that benefit everyone in Delaware. Recently, Delaware Lottery contributed $215.7 million to the State's General Fund for the fiscal year that ended on June 30, 2021. The Lottery offers a variety of games: POWERBALL®, MEGA MILLIONS®, LOTTO AMERICA®, MULTI-WIN LOTTO, LUCKY FOR LIFE®, PLAY 3, PLAY 4, Keno®, Sports Lottery and Instant Games, iGaming, Video Lottery and Table Games. Delaware Lottery game and promotional details are available at delottery.com, at licensed locations, and from the Lottery's office in Dover.

Join Everi on Social Media
Twitter:  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

Contacts:
Everi Media Relations
Dona Cassese
VP, Marketing
(702) 556-7133 or dona.cassese@everi.com

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

Everi Investor Relations
William Pfund
SVP, Investor Relations  
(702) 676-9513 or william.pfund@everi.com

JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com

 

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SOURCE Everi Holdings Inc.

FAQ

What is the significance of Everi's agreement with the Delaware Lottery?

The agreement signifies Everi's expansion into Delaware's market, allowing access to new customers and potential revenue growth.

How many gaming units will Everi install in Delaware?

Everi plans to install nearly 500 gaming units across three properties in Delaware.

What games will be launched as part of the Everi agreement?

Everi will launch 68 game themes, including popular titles like The Vault®, Cashnado™, and Double Black Diamond™.

When is Everi expected to launch its gaming content in Delaware?

The launch is anticipated in late 2021, with installations completed by early 2022.

How does this agreement benefit Everi's business model?

The agreement provides an opportunity for Everi to increase its installed base and enhance player engagement through its high-performing products.