Gaming and payment solutions provider Everi Holdings (formerly Global Cash Access) has expanded its partnership with Canada’s Alberta Gaming and Liquor Commission (AGLC) to include a live trial of its gaming machines across the province.
Everi has been providing a portfolio of payment solutions to Alberta casinos for over 19 years, and will now provide a number of its electronic gaming machines at casino facilities across the province within the coming weeks.
Pending the successful completion of the trial, Everi anticipates the continued placement of its standard and premium video and mechanical reel gaming machines, with potential expansion to additional facilities within the AGLC network beginning in early 2016.
“The expansion of our relationship with the AGLC to now include our portfolio of gaming products is an important point of progress as we continue to execute on a number of key initiatives,” said Edward Peters, Everi’s executive vice president, sales and marketing. “This includes increasing the number of markets in which we are licensed to provide our gaming machines as well as leveraging the deep relationships we have established with long-term cash access customers to cross-market our expanded portfolio of gaming content and payments solutions.
“The AGLC has been a valued partner and we have mutually benefited from the placement of our payments solutions at facilities across the province. Our entrance into this market for our games business and newly expanded relationship with the AGLC, which will now include a diverse floor-wide portfolio of gaming entertainment and cash access solutions, will deliver new value to our partner while helping us expand our market share.”
The AGLC licenses and oversees 28 casino facilities and racing entertainment centers throughout Alberta in total.
As part of the strategic partnership, Everi expects to expand its payments products in Alberta with the launch of its automated jackpot payment kiosk JackpotXchange, which is currently awaiting testing ahead of a live-trial period.
“We have enjoyed a strategic partnership with Everi for payment solutions and are pleased to expand this relationship to include a trial of their games as they enter a new jurisdiction,” said Niaz Nejad, vice president lottery and gaming services of the AGLC. “We look forward to building upon our partnership and utilizing Everi's product suite to further improve the patron experience at casinos in the province as we consider bringing some of Everi's acclaimed gaming products, including TournEvent, to players in Alberta.”
Shares in Everi Holdings Inc (NASDAQ:EVRI) closed at $5.32 per share in New York Friday.