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Our sum of the parts (SOTP) analysis yields a base-case valuation of . big dollar casino promo codes no deposit Valley Forge Casino Gift Card Fbce We see a high case of and a low case of . 50. Assuming Bain’s . 50 forecast proves accurate, that still means Everi would roughly double from current levels. borgata online casino.com is turtle lake casino open raging bull casino mobile no deposit bonus codes If the more enthusiastic call winds up being correct, that means the gaming stock would more than quadruple from where it trades at this writing. is casino buffet open Cashless MomentumIn the wake of the coronavirus, there’s significant momentum for casinos to move to cashless payments to cut down on the possible health risks associated with players handing dealers currency in exchange for chips. That shift could be a boon for Everi. “EVRI’s roughly 70% of Fintech share in North American casinos stages natural/unique add-on technologies addressing casino loyalty, current cashless floor momentum, and outside four-wall opportunities, which other gaming suppliers (and Fintech peers) simply cannot replicatejamul casino covid 19,” said Bain. r bar live casino

Last month, the Nevada Gaming Commission (NGC) endorsed several rule changes that could make cashless wagering systems mainstream in the Silver State. Everi’s CashClub Wallet expands on the old ticket-out/ticket-in technology typically used for kiosks and slot machines by allowing patrons to have winnings deposited directly into a digital wallet. oh harrah s cherokee casino That eliminates the need for gamblers to take chips or tickets to the cage for cash. chukchansi casino hotel Bain also points out that Everi has a recurring revenue model, while its rivals mostly rely on one-time sales. las atlantis casino website That makes revenue visibility easier to predict with Everi and murkier with competitors. Other Everi PerksIn the investment community, fintech is often viewed through the lens of disruption to traditional banking services, such as peer-to-peer transfers, credit card swiping, and investing. Companies such as PayPal (NASDAQ:PYPL) and Square (NYSE:SQ) are dominant names in those arenas. As such, some investors gloss over the growing

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