Online Casino Slots ects to pay for the transaction out of current and future cash flow. We see a significant opportunity for growth in the player loyalty market, and the planned acquisition of the MGT assets represents a significant step forward in our goal to establish loyalty and marketing-based services as a meaningful growth driver for our business,” said Everi Executive Vice President Darren Simmons in a statement. On the back of a fourth-quarter gain of about 55 percent, Everi shares are up 158. winstar world casino gym 48 percent year-to-date, making the stock one of this year’s best-performing small-cap gaming names. golden nugget casino from my location casino near me that allows 18 year olds island view casino near gulfport ms poker casino in india Evaluating EveriEarlier this month, Las Vegas-based Everi sold 10 million shares of stock, netting 7 million in proceeds in the process. While the shares slumped on the news because new share offerings dilute current investors, the name has bounced back.

Analysts applauded the move because the company is using million of that capital to reduce an outstanding term loan, and another 75 percent of the proceeds repay some senior notes. Those actions that will save Everi about million in annual interest expenses. We remain constructive on EVRI shares on the other side of the recent equity raise, as we believe the deal accomplished two important items that should support further share price appreciation over the intermediate-to-longer term,” said Stifel analyst Brad Boyer in a recent note obtained by Casino. island view casino reviews org. Boyer said the share offering allowed management to reduce leveraviejas casino is it openge while giving existing and new investors the opportunity to add to or start positions of Everi at favorable prices. borgata hotel casino new jersey A Good Deal?

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Everi didn’t say when the MGT transaction will close, or if it will add to the company’s bottom line. But the market for enhanced loyalty programs and accessible financial solutions at gaming properties is growing. when did jackson rancheria casino open Boyer is bullish on the positioning of Everi’s slots and fintech businesses. “Within the slot business, our recent checks confirm demand for the company’s latest products remains solid, particularly within the premium and mechanical reel segments, while consistent regional GGR trends, an emerging terminal replacement cycle and growing demand for recently-acquired Atrient kiosk technology favorably position the FinTech business,” said the analyst. 20p roulette casino The analyst has a price target on the stock, implying upside of 19. 4 percent from where it trades at this writing. paito mgm casino 4d

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