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Everi Announces Pricing of Public Offering of Common Stock

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Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $11.25 per share (the “Offering”), for net proceeds of approximately $107,000,000, after underwriting discount but before estimated offering expenses payable by the Company.  The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price. The Offering is expected to close on December 10, 2019, subject to customary closing conditions.

The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in one or more transactions, which may include the repayment of certain outstanding borrowings under the Company’s existing term loan facility and/or the redemption and/or repurchase of a portion of its outstanding 7.50% Senior Unsecured Notes due 2025. Pending the deployment of the net proceeds for such refinancing transactions, the Company may invest the net proceeds in short-term, interest-bearing, investment-grade securities.

Jefferies and Stifel are acting as joint book-running managers, Craig-Hallum Capital Group and Raymond James are acting as joint lead managers, and SunTrust Robinson Humphrey is acting as co-manager for the Offering.

This Offering is being made pursuant to an effective shelf registration statement and prospectus and a related preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission (“SEC”).  This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A preliminary prospectus supplement relating to, and describing the terms of, the Offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.

Copies of the preliminary prospectus supplement and related prospectus for this Offering can be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022, or by email: [email protected], or by telephone: 1 (877) 821-7388; and from Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One South Street, 17th Floor Baltimore, Maryland 21202, or by telephone: 1 (855) 300-7136, or by email: [email protected].

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Forward-Looking Statements

The forward-looking statements in this press release are subject to a variety of risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our periodic reports filed with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2018, and are based on information available to us on the date hereof.

These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements, including the sale of common stock and use of proceeds therefrom, contained herein speaks only as of the date, today December 5, 2019, on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

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GGPoker Hosts Exclusive Online Satellites To WSOP Circuit Montreal

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Prestigious live poker event to run August 18 through September 2 at Playground, in Kahnawake 

GGPoker, the World’s Biggest Poker Room, is excited to announce the launch of online satellite tournaments for the upcoming WSOP Circuit Montreal live poker festival, which runs August 18 through September 2 at Playground.

The online qualifiers launched across Canada on Sunday, June 15, with satellites expected to be made available in Ontario later today. Players can win their way into the WSOP-C Main Event for free, with multiple freeroll tournaments hosted at GGPoker.

The WSOP Circuit is one of the biggest and most popular live tournament series in the world, with more than $225M in prizes won during the most recent 2024/2025 season.

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WSOP-C Montreal will be hosted at Playground, the award-winning gaming and entertainment destination located just minutes from downtown Montreal. At least $5M in prizes will be won over the course of the festival, which will be headlined by the WSOP-C Montreal Main Event:

  • Buy-In: $2,500
  • Guaranteed Prizes: $2.2M
  • Day 1 Flights: Day 1A on August 28, Day 1B on August 29 and Day 1C on August 30
  • Day 2: August 31
  • Final Day: September 1

Daniel Negreanu, GGPoker Global Ambassador, expressed his enthusiasm for WSOP Circuit Montreal: “I’m always pumped when WSOP events are held in Canada and the wonderful Canadian poker community gets to share in the thrills and excitement associated with the world’s top poker experience. Win your way in at GGPoker and take aim at at least $5M in prizes – it’s going to be great!”

“We are absolutely thrilled to host not only one, but two WSOP Circuit events at Playground this year!” said Playground’s Vice President of Gaming Operations, Ryan Bevens. “Playground has always been where poker dreams come true, and we look forward to welcoming players from across Canada and around the world to experience the excitement and prestige that only WSOP-C events bring. See you soon!”

Each GGPoker WSOP-C Montreal Main Event satellite winner will snag exclusive GGPoker-branded merchandise in addition to their $2,500 Main Event ticket.

WSOP Circuit Montreal will use the recently launched WSOP+ application to ensure that players enjoy the best experience possible. The application makes event registration, player tracking, and content sharing easier than ever before.

To register for WSOP-C Montreal Main Event satellite tournaments, please log in to GGPoker.

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To learn more about WSOP-C Montreal at Playground, please visit: playground.ca/poker/tournaments/wsop-c-montreal-2025

Please note that all amounts mentioned in the above press release are denominated in Canadian dollars.

The post GGPoker Hosts Exclusive Online Satellites To WSOP Circuit Montreal appeared first on European Gaming Industry News.

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LGUs, state university get Php20-M emergency vehicles from PAGCOR

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The Philippine Amusement and Gaming Corporation on Thursday, June 26, turned over ten Patient Transport Vehicles (PTVs) worth Php20 million to several local government units and a state university to enhance their emergency medical services.

During the turnover ceremony at the PAGCOR Corporate Office in Pasay City, six PTVs were awarded to the municipalities of Palanan, Quezon, San Isidro, Cabagan, San Mariano, and San Pablo, all in Isabela province.

The City of Parañaque, the municipalities of Tanauan in Batangas and Balabac in Palawan as well as the Mariano Marcos State University (MMSU) in Ilocos Norte also received one PTV unit each.

Each vehicle is fitted with a GPS navigation system and essential medical equipment such as an ambulance stretcher, oxygen tank, wheelchair, and first aid kit.

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PAGCOR Chairman and CEO Alejandro H. Tengco joins officials from nine local government units and the Mariano Marcos State University for a photo opportunity during the turnover of 10 Patient Transport Vehicles (PTVs) last June 26, 2025.

PAGCOR Chairman and CEO Alejandro H. Tengco said the PTV distribution is part of the agency’s efforts to improve healthcare delivery and to enhance access to medical services especially in geographically isolated communities.

“We want to ensure that even remote areas have the means to respond to medical emergencies. This is part of PAGCOR’s commitment to reach communities that need government support the most,” Mr. Tengco said.

“‘Yan po ang hangad ng PAGCOR; salamat sa pagkakataong makatulong at makapaglingkod sa inyo,” Mr. Tengco told the PTV recipients during the turnover event.

PAGCOR Vice President for the Corporate Social Responsibility Group Ramon Stephen Villaflor (2nd from left) and Assistant Vice President for Community Relations and Services Eric Balcos (far left) hand over the ceremonial vehicle key to Atty. Christopher A. Mamauag (3rd from left), Mayor of Cabagan, Isabela.

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Mayor Christopher A. Mamauag of Cabagan, Isabela – a town where travel to tertiary hospitals takes several hours – expressed gratitude for the assistance and said the vehicle will significantly boost the town’s emergency response capabilities.

“Kami po ay nagpapasalamat kay President Ferdinand Marcos Jr., at sa PAGCOR, sa pamumuno ni Chairman Alejandro Tengco, sa pagpapaunlak sa aming kahilingan na magkaroon ng Patient Transport Vehicle para sa aming mga kababayan sa bayan ng Cabagan.

“Malaking tulong po ito at gagamitin namin ito ng wasto,” he said.

Each patient transport vehicle donated by PAGCOR is equipped with a GPS navigation system, an ambulance stretcher with mounted restraining system, medical oxygen, a wheelchair, and a first aid kit.

 

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The post LGUs, state university get Php20-M emergency vehicles from PAGCOR appeared first on European Gaming Industry News.

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Evolution Launches First Live Casino Studio in the Philippines

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Evolution has announced that its first-ever live casino studio in Asia went live today.

Located in Cebu, the Philippines, the studio marks a significant milestone in Evolution’s Asia-Pacific expansion and serves the regulated Philippine online gaming market, which is the first licensed iGaming jurisdiction in Asia.

The new operation launches in partnership with  One Visaya Gaming Corporation (OVG), an industry leading company which operates with strict adherence to PAGCOR’S (Philippines Amusement and Gaming Corporation) code of conduct. This collaboration allows Evolution to offer its trusted live casino content to operators licensed in the Philippines.

Evolution’s state-of-the-art live casino studio in Cebu will initially offer Baccarat tables. Lightning Roulette and other game shows — including Marble Race and the standout Super Color Game, designed especially for players in the Philippines — are due to launch later this year. This new studio marks a major step in Evolution’s commitment to delivering localised, fully compliant entertainment tailored to regional markets.

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Gionata La Torre, Evolution’s Chief Executive Officer for Europe, said: “We’re proud to launch our first live casino studio in Asia in the Philippines and be part of its regulated online gaming market. This new studio is a major milestone in our long-term commitment to the region. Partnering with OVG allows us to deliver world-class live content tailored to local preferences through licensed operators.”

La Torre added: “With player favourites available from day one and more exciting titles on the way, our focus remains on quality, innovation, and localisation — the keys to building trust and lasting engagement in any market.”

For trade press and media enquiries, please contact:
Amy Riches, Head of Marketing, [email protected]

For investor enquiries, please contact:
Carl Linton, Head of Investor Relations, [email protected]

 

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The post Evolution Launches First Live Casino Studio in the Philippines appeared first on European Gaming Industry News.

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