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Everi Extends Agreement with Caesars Entertainment to Provide Access to Industry’s Largest Gaming Credit Bureau and Reporting System

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Everi Extends Agreement with Caesars Entertainment to Provide Access to Industry’s Largest Gaming Credit Bureau and Reporting SystemReading Time: 2 minutes

 

Everi Holdings Inc., the casino gaming industry’s single source provider of gaming products and financial technology solutions, announced that it has entered into a three-year agreement with Caesars Entertainment Corporation (NASDAQ: CZR) (“Caesars”) to provide its CentralCredit® services to select Caesars casino properties. This industry-leading service is used by casino operators to make real-time decisions when it comes to extending credit lines for guests.

“Securing a long-term extension for our CentralCredit® solution with Caesars Entertainment is another proof point of our ability to offer the industry’s most effective financial technology products that help our customers manage their operations,” said Darren Simmons, Business Leader, Financial Technology Solutions, at Everi. “Similar to other solutions in our Intelligence toolkit, CentralCredit® increases our casino partners’ operational efficiencies with seamless, real-time credit reporting access while helping grow market share and increase patron loyalty.”

Everi’s CentralCredit® service is the industry’s largest gaming credit bureau and the leading source of casino-related credit information and reporting. Used to determine guest credit worthiness, the service enables casino operators to access credit reports and updates on guest activity through a private, secure interface. The service features real-time updates to casino activity and international gaming credit data.
For more information about CentralCredit® or the Intelligence toolkit, visit Everi’s website at www.everi.com/intelligence.

 

About Everi :
Everi is a leading supplier of technology solutions for the casino gaming industry. The Company provides casino operators with a diverse portfolio of products including innovative gaming machines that Powers the Casino Floor®, and casino operational and management systems that include comprehensive, end-to-end financial technology solutions, critical intelligence offerings, and gaming operations efficiency technology. Everi also provides proven, tier one land-based game content to online social and real-money markets via its Remote Game Server and operates social play for fun casinos. Everi’s mission is to be a transformative force for casino operations by facilitating memorable player experiences, delivering reliable protection and security, and striving for customer satisfaction and operational excellence.


Source: European Gaming Media

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Mobile Betting Bill Fails to Progress Through New York Assembly

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Mobile Betting Bill Fails to Progress Through New York AssemblyReading Time: 1 minute

 

Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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Eldorado Resorts to Buy Caesars Entertainment Corp

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Eldorado Resorts to Buy Caesars Entertainment CorpReading Time: 1 minute

 

Eldorado Resorts Inc., the US based casino operator, has agreed to merge with Caesars Entertainment Corp through a $17.3 billion cash and stock deal.

The deal, which is expected to be announced soon, values Caesars at close to $13 a share. The combined company’s ownership would be split roughly between Eldorado and Caesars shareholders.

An Eldorado spokesman said the company did not comment on rumours or speculation. Caesars did not immediately respond to requests for comment.

The combination of the two companies would create a serious competitor to larger casino industry players, such as Las Vegas Sands Corp, Wynn Resorts Ltd and MGM Resorts International.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Eldorado Resorts to Buy Caesars Entertainment Corp

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Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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Nagasaki Governor Reaffirms His Support for Sasebo IR BidReading Time: 1 minute

 

Nagasaki Governor Hodo Nakamura has reaffirmed his support for the Sasebo IR bid and urged the national government not to delay too much in issuing its IR regulations and establishing the national regulatory framework.

While Sasebo’s bid is not linked to a specific timeline, the local government does wish to move forward quickly, especially now that other competing bids could emerge from the Kyushu region.

In related news, Nagasaki IR Business Connect Seminar is going to be held with the participation of international operators and investment groups.


Source: European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Nagasaki Governor Reaffirms His Support for Sasebo IR Bid

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