Everi Announces Date of the Company’s 2020 Annual Stockholders’ Meeting
April 27 2020 - 2:30PM
Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a
premier provider of gaming products and financial technology and
loyalty solutions in the gaming industry, today announced that the
Company’s 2020 Annual Meeting of Stockholders will be held on June
16, 2020, at 9:00 am Pacific Time at the Company’s Corporate
Headquarters located at 7250 S. Tenaya Way, Suite 100 in Las Vegas,
Nevada 89113. The Company may require attendees to comply with
health and safety protocols endorsed by the Centers for Disease
Control, which may include recommended social distancing and
personal protective equipment such as face masks.
Stockholders of record as of the close of
business on May 8, 2020, will be entitled to notice of, and to vote
at, the Annual Stockholders Meeting, or any adjournment or
postponement thereof. The Company intends to mail proxy materials
to stockholders of record for the Company’s Annual Meeting on or
about May 18, 2020.
About Everi
Everi is a leading supplier of imaginative
entertainment and trusted technology solutions for the casino,
interactive, and gaming industry. With a focus on both customers
and players, the Company develops entertaining games and gaming
machines, gaming systems and services, and is the preeminent and
most comprehensive provider of core financial products and
services, player loyalty tools and applications, and intelligence
and regulatory compliance solutions. Everi’s mission is to provide
casino operators with games that facilitate memorable player
experiences, offer seamless and secure financial transactions for
casinos and their patrons, and deliver software tools and
applications to improve casino operations efficiencies and fulfill
regulatory compliance requirements. Everi provides these products
and services in its effort to help make its customers even more
successful. For more information, please visit www.everi.com, which
is updated regularly with financial and other information about the
Company.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains “forward-looking
statements” as defined in the U.S. Private Securities Litigation
Reform Act of 1995, as amended. In this context, forward-looking
statements often address our expected future business and financial
performance, and often contain words such as “goal,” “target,”
“future,” “estimate,” “expect,” “anticipate,” “intend,” “plan,”
“believe,” “hope,” “seek,” “project,” “may,” “should,” “designed
to,” “in an effort to,” “will provide,” “look forward to,” or
“will” and similar expressions to identify forward-looking
statements. These statements are based upon management’s current
expectations, assumptions and estimates and are not guarantees of
timing, future events or performance. Actual results may differ
materially from those contemplated in these statements, due to
risks and uncertainties.
Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they are based only on our current beliefs, expectations and
assumptions regarding the future of our business, future plans and
strategies, projections, anticipated events and trends, the economy
and other future conditions. Because forward-looking statements
relate to the future, they are subject to inherent risks,
uncertainties and changes in circumstances that are often difficult
to predict and many of which are beyond our control. Our actual
results and financial condition may differ materially from those
indicated in forward-looking statements. Important factors that
could cause our actual results and financial condition to differ
materially from those indicated in the forward-looking statements
include, without limitation, the impact of the ongoing COVID-19
global pandemic on our business, operations and financial
condition, our history of net losses and our ability to generate
profits in the future; our substantial leverage and the related
covenants that restrict our operations; our ability to generate
sufficient cash to service all of our indebtedness, fund working
capital, and capital expenditures; our ability to withstand
unanticipated impacts of a pandemic outbreak of uncertain duration;
our ability to withstand the loss of revenue during the closure of
our customers’ facilities; our ability to maintain our current
customers; our ability to compete in the gaming industry; our
ability to execute on mergers, acquisitions and/or strategic
alliances, including the timing and closing of acquisitions and our
ability to integrate and operate such acquisitions consistent with
our forecasts; our ability to access the capital markets to raise
funds; expectations regarding our existing and future installed
base and win per day; expectations regarding development and
placement fee arrangements; inaccuracies in underlying operating
assumptions; expectations regarding customers’ preferences and
demands for future gaming offerings; expectations regarding our
product portfolio; the overall growth of the gaming industry, if
any; our ability to replace revenue associated with terminated
contracts; margin degradation from contract renewals; technological
obsolescence; our ability to comply with the Europay, MasterCard
and Visa global standard for cards equipped with security chip
technology; our ability to introduce new products and services,
including third-party licensed content; gaming establishment and
patron preferences; our ability to prevent, mitigate or timely
recover from cybersecurity breaches, attacks and compromises; the
level of our capital expenditures and product development;
anticipated sales performance; employee turnover; national and
international economic conditions; changes in global market,
business and regulatory conditions arising as a result of the
COVID-19 global pandemic; changes in gaming regulatory, card
association and statutory requirements; regulatory and licensing
difficulties that we may face; competitive pressures in the gaming
and financial technology sectors; the impact of changes to tax
laws; uncertainty of litigation outcomes; interest rate
fluctuations; unanticipated expenses or capital needs and those
other risks and uncertainties discussed in our most recent Annual
Report on Form 10-K filed with the U.S. Securities and Exchange
Commission on March 2, 2020 and our Form 8-K filed on April 21,
2020. Given these risks and uncertainties, there can be no
assurance that the forward-looking information contained in this
press release will in fact transpire or prove to be accurate.
Readers are cautioned not to place undue reliance on the
forward-looking statements contained herein, which are based only
on information currently available to us and speak only as of the
date hereof.
This press release should be read in conjunction
with our Annual Report on Form 10-K for the year ended December 31,
2019, and with the information included in our other press
releases, reports and other filings with the SEC. Understanding the
information contained in these filings is important in order to
fully understand our reported financial results and our business
outlook for future periods.
Contacts:
Investor RelationsEveri
Holdings Inc.William PfundVP, Investor Relations(702) 676-9513 or
william.pfund@everi.com
JCIRRichard Land, James
Leahy(212) 835-8500 or evri@jcir.com
Everi (NYSE:EVRI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Everi (NYSE:EVRI)
Historical Stock Chart
From Apr 2023 to Apr 2024