{"id":2881,"date":"2025-06-12T09:27:30","date_gmt":"2025-06-12T09:27:30","guid":{"rendered":"http:\/\/opiniao-publica24-7.com\/?p=2881"},"modified":"2025-06-18T15:29:05","modified_gmt":"2025-06-18T15:29:05","slug":"igt-everi-merger-to-create-north-americas-largest-land-based-casino-game-machine-supplier","status":"publish","type":"post","link":"http:\/\/opiniao-publica24-7.com\/index.php\/2025\/06\/12\/igt-everi-merger-to-create-north-americas-largest-land-based-casino-game-machine-supplier\/","title":{"rendered":"IGT-Everi Merger to Create North America\u2019s Largest Land-Based Casino Game Machine Supplier"},"content":{"rendered":"

The post IGT-Everi Merger to Create North America\u2019s Largest Land-Based Casino Game Machine Supplier<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n

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Taking over market share<\/h2>\n

Apollo Global Management is moving ahead with its proposed acquisition of IGT Gaming and Everi Holdings Inc. According to Fitch Ratings, the takeover will have a deep impact on North America\u2019s gaming industry and create the region\u2019s largest supplier of land-based slots and game machines.<\/p>\n

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will own more than 77,000 North American casino gambling machine installations<\/p>\n<\/blockquote>\n

Combined, the new entity will have a greater installed base and market share of slot cabinets and other game machines than any of its major competitors, Light & Wonder and Aristocrat Leisure. The firm, which is backed by private equity investment firm Apollo, will own more than 77,000 North American casino gambling machine installations, a higher figure than Light & Wonder\u2019s current 54,397.<\/p>\n

The entities\u2019 combined 2024 pro forma revenues are $2.6bn and $1.1bn in Adjusted EBITDA.<\/p>\n

Creating a brand new identity<\/h2>\n

The acquisition, announced in a press release in July 2024<\/a>, will see IGT spin off its slot business to Everi to focus on its lottery technology business. After closing, the combined company will be privately owned and have a new name and ticker.<\/p>\n

While Everi has historically had a smaller foothold in the slots industry, Analysts believe the merger will be a catalyst for meaningful diversification and growth. The agency indicated there was significant potential for cross-selling, most specifically among IGT\u2019s in-market global sales channels and Everi\u2019s FinTech and Class II gaming offerings.<\/p>\n

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leaves opportunities for the company to export its content overseas<\/p>\n<\/blockquote>\n

Revenue sources must be sensibly well-balanced, with gaming activities generating 29%, sales of equipment 23%, systems and software 23%, and the remaining with FinTech and digital platforms. The blend also leaves opportunities for the company to export its content overseas through IGT\u2019s international networks.<\/p>\n

Competing in innovative markets<\/h2>\n

Aristocrat and Light & Wonder currently have larger digital and iGaming footprints, but Fitch highlights the FinTech segment offered by Everi, which delivers differentiated value. This has greater potential in longer-term opportunities in cashless products and player interaction solutions in casino settings.<\/p>\n

The acquisitions will be finalized in the third quarter of this year and will position the new enterprise as the biggest supplier of land-based casino gaming devices in North America.<\/p>\n

The post IGT-Everi Merger to Create North America\u2019s Largest Land-Based Casino Game Machine Supplier<\/a> appeared first on Vegas Slots Online News<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The post IGT-Everi Merger to Create North America\u2019s Largest Land-Based Casino Game Machine Supplier appeared first on Vegas Slots Online News. Taking over market share Apollo Global Management is moving ahead with its proposed acquisition…<\/p>\n

Continue Reading “IGT-Everi Merger to Create North America\u2019s Largest Land-Based Casino Game Machine Supplier”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":2844,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[14],"tags":[],"_links":{"self":[{"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/posts\/2881"}],"collection":[{"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/comments?post=2881"}],"version-history":[{"count":1,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/posts\/2881\/revisions"}],"predecessor-version":[{"id":2882,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/posts\/2881\/revisions\/2882"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/media\/2844"}],"wp:attachment":[{"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/media?parent=2881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/categories?post=2881"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/opiniao-publica24-7.com\/index.php\/wp-json\/wp\/v2\/tags?post=2881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}