More records for Everi Holdings

Another record quarter has been recorded by player loyalty systems and casino products supplier Everi Holdings.

The company recorded record revenues and EBITDA to the end of June and highest-ever sales of slots at just short of 2,000.

Revenue was up 14 per cent to $197.2m compared with the same quarter of last year. There was a 37 per cent increase in slots sales and other equipment.

EBITDA reached $94.4m, an increase on the $92.5m of last year’s second quarter.

Said Randy Taylor, CEO: “These record financial results were driven by another consecutive quarter of record recurring revenues for both our games and FinTech businesses despite the very challenging year-over-year comparison for these operations, as last year’s results included the significant benefit from casino reopening activities and financial stimulus payments provided to consumers.”