LAS VEGAS, Aug. 12, 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
that the Company's digital CashClub Wallet® technology is
powering Penn National Gaming, Inc.'s (Nasdaq: PENN) ("Penn
National") new mychoice Wallet at Hollywood Casino York in
Pennsylvania, following previous
installations at Hollywood Casino at Penn National Race Course and
the Meadows Racetrack & Casino in Pennsylvania. The new mychoice Wallet
provides Penn National's guests with a secure, convenient cashless
payment method on the casino floor, and this installation is part
of an agreement that will see mychoice Wallet introduced at
Penn National's casino properties pending appropriate regulatory
approvals.
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Everi's CashClub Wallet is a mobile digital wallet that
enables casino operators to offer cashless and contactless funding
of electronic game play across the casino floor. Penn National's
mychoice Wallet, powered by Everi, will allow guests to
deposit funds into their digital wallet at their convenience — at
any time or anywhere, including before arriving at the property or
while at the property via a debit card, credit card or directly
from their bank account. Guests can then access these funds for use
directly at the game, creating a fully cashless, contactless
environment that leverages the guest's mobile device. On the casino
floor, mychoice Wallet will interface with the Foundation™
casino management system from Acres Manufacturing, which provides
for direct interaction with all of the slot machines and table
games, while also providing instantaneous sharing of slot player
data across Penn National's casinos.
At the conclusion of game play, CashClub Wallet
technology enables guests to move funds back into their digital
wallet where they can be held for future use or electronically sent
back into a bank account. Players can store multiple payment
methods and easily move funds in and out of the casino. Everi's
CashClub Wallet technology supports responsible gaming
through spending limit management.
"The implementation of mychoice Wallet at our casino
properties is an important step in our ongoing initiative to deploy
a new generation of cashless, cardless and contactless technologies
(the 3Cs) to improve guest service and operational efficiency,"
said Todd George, Executive Vice
President of Operations at Penn National. "By eliminating
transactional friction, we can provide our guests with the
convenience and experience they get across many other
consumer-facing industries, which have already adopted similar
funding technologies. Through its integration with our
mychoice player loyalty program, mychoice Wallet will
also help us further extend our connection with our guests."
"Penn National has deployed our financial technology solutions,
including our financial access services solutions, for many years
and we are delighted to expand our relationship by providing our
CashClub Wallet technology to support the rollout of
mychoice Wallet across their nationwide casino footprint,"
said Darren Simmons, Executive Vice
President and FinTech Business Leader for Everi. "Penn National's
thoughtful approach and rapid rollout of this digital technology is
an excellent example of the industry leadership position they are
taking to provide their guests with more options and convenience,
resulting in a more enjoyable gaming experience on their casino
floors. mychoice Wallet will provide Penn National's guests
with a new funding choice that gives them the same ability, comfort
and convenience to load, retrieve and unload funds that they
experience with other non-gaming, digital wallet applications."
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 Penn National Gaming
With the nation's largest and most diversified regional gaming
footprint, including 43 properties across 20 states, Penn National
continues to evolve into a highly innovative omni-channel provider
of retail and online gaming, live racing and sports betting
entertainment. The Company's properties feature approximately
50,000 gaming machines, 1,300 table games and 8,800 hotel rooms,
and operate under various well-known brands,
including Hollywood, Ameristar, and L'Auberge. Our
wholly-owned interactive division, Penn Interactive, operates
retail sports betting across the Company's portfolio, as well as
online social casino, bingo, and iCasino products. In February
2020, Penn National entered into a strategic partnership
with Barstool Sports, whereby Barstool is exclusively
promoting the Company's land-based and online casinos and sports
betting products, including the Barstool Sportsbook mobile app, to
its national audience. The Company's omni-channel approach is
bolstered by the mychoice loyalty program, which rewards and
recognizes its over 20 million members for their loyalty to both
retail and online gaming and sports betting products with the most
dynamic set of offers, experiences, and service levels in the
industry.
Contact:
For Everi:
Media Relations
Dona
Cassese
Vice President, Marketing
(702) 556-7133 or dona.cassese@everi.com
Investor Relations
William
Pfund
Senior Vice President, Investor Relations
(702) 676-9513 or william.pfund@everi.com
JCIR
Richard Land, James Leahy
(212) 835-8500 or evri@jcir.com
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
For Penn:
Justin Sebastiano
Senior Vice President, Finance & Treasurer
Penn National Gaming, Inc.
(610) 373-2400
Joseph N. Jaffoni
JCIR
(212) 835-8500 or penn@jcir.com
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SOURCE Everi Holdings Inc.