Connect with us
SIS

Latest News

Everi Announces Pricing of Public Offering of Common Stock

Vlad Poptamas

Published

on

Photo source: asgam.com
Reading Time: 2 minutes

Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a premier single-source provider of gaming products, financial technology and player loyalty solutions in the gaming industry, today announced the pricing of its previously announced underwritten public offering of 10,000,000 shares of its common stock at a public offering price of $11.25 per share (the “Offering”), for net proceeds of approximately $107,000,000, after underwriting discount but before estimated offering expenses payable by the Company.  The Company has also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of the Company’s common stock at the public offering price. The Offering is expected to close on December 10, 2019, subject to customary closing conditions.

The Company intends to use the net proceeds from the Offering to refinance a portion of its existing indebtedness in one or more transactions, which may include the repayment of certain outstanding borrowings under the Company’s existing term loan facility and/or the redemption and/or repurchase of a portion of its outstanding 7.50% Senior Unsecured Notes due 2025. Pending the deployment of the net proceeds for such refinancing transactions, the Company may invest the net proceeds in short-term, interest-bearing, investment-grade securities.

Jefferies and Stifel are acting as joint book-running managers, Craig-Hallum Capital Group and Raymond James are acting as joint lead managers, and SunTrust Robinson Humphrey is acting as co-manager for the Offering.

This Offering is being made pursuant to an effective shelf registration statement and prospectus and a related preliminary prospectus supplement filed by the Company with the Securities and Exchange Commission (“SEC”).  This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A preliminary prospectus supplement relating to, and describing the terms of, the Offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov.

Copies of the preliminary prospectus supplement and related prospectus for this Offering can be obtained from Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, New York 10022, or by email: [email protected], or by telephone: 1 (877) 821-7388; and from Stifel, Nicolaus & Company, Incorporated, Attention: Syndicate, One South Street, 17th Floor Baltimore, Maryland 21202, or by telephone: 1 (855) 300-7136, or by email: [email protected]

Forward-Looking Statements

The forward-looking statements in this press release are subject to a variety of risks and uncertainties, including those set forth under the heading “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our periodic reports filed with the Securities and Exchange Commission (the “SEC”), including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2018, and are based on information available to us on the date hereof.

These cautionary statements qualify our forward-looking statements and you are cautioned not to place undue reliance on these forward-looking statements. Any forward-looking statements, including the sale of common stock and use of proceeds therefrom, contained herein speaks only as of the date, today December 5, 2019, on which it is made, and we do not intend, and assume no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Latest News

WCC’s new Career Mode : The most challenging update in cricket gameplay till date

George Miller

Published

on

WCC’s new Career Mode : The most challenging update in cricket gameplay till date
Reading Time: 2 minutes

 

Stirs excitement among 110 million WCC fans 

Nextwave Multimedia, India’s leading game developer launches the third installment of the World Cricket Championship (WCC 3) with its first full-fledged career mode in a mobile cricket game. Amidst the Covid-19 pandemic cancellation of live sports, the career mode’s unique features promise to keep the cricket fever alive among fans around the world. The new career mode will have a cricket season sprawling across 3 brackets, 25 series, and 400+ matches with a built-in challenging performance decision system which determines your rise in ranks starting from a local club to the national or international level.

You can install this game on Android from the link below :
https://play.google.com/store/apps/details?id=com.nextwave.wcc3&hl=en_IN

WCC 3’s career mode stands apart with a 3D motion capture feature in a mobile cricket game along with other exclusive features like dynamic difficulty, choice, perma match flow and decision making system and visuals cut-scenes of the player getting selected, making it to the media and many moments of success and failure in a cricket career.

The WCC 3 installation is being launched in 3 phases. WCC 3 saw an overwhelming response with 500,000 pre-registrations within 2 weeks’ time of the opening. The game also saw 2 million downloads with commentators Aakash Chopra and Matthew Hayden with the first update. The WCC franchise boasts over 110 million downloads, with 15 million monthly active users and approx. 3 million users daily. The franchise has been a long standing successful cricket game and rated among the top 10 games in terms of monthly active users in India for 4 years in a row.

WCC 3 comes with a competitive multiplayer mode focusing on facing off with other players and becomes a communal activity which gamers can become part of 500 plus realistic animations simulate actual cricket. Updated gameplay mechanics, numerous new camera angles, real-time motion capture of athletes and professional cricketers, advanced artificial intelligence along with the bilingual commentary provide an enhanced, all-round gameplay experience.

On the new update, P.R.Rajendran, Founder and CEO, Nextwave Multimedia says, “The new career mode has been the most awaited feature by millions of our fans and we are working to further innovate with more cut scenes to enhance their experience, making it even more immersive. The game inputs are often guided by our fans and with all matches at a halt due to the pandemic, we hope that the game will fill the cricket void.”

World Cricket Championship has grown exponentially and is largely fan driven. The game has always strived to provide quality gaming content aided by continual innovation for its players. WCC 3 beta has since its launch touched 3 million downloads in 50 days and continues to maintain steady growth.

Continue Reading

Latest News

LiveG24 games land at Planetwin365 live Casinò

George Miller

Published

on

LiveG24 games land at Planetwin365 live Casinò
Reading Time: < 1 minute

 

With the new partnership between the SKS365 brand and the software provider specialized in Live Casino Games, the best titles will be available from today for all Planetwin365 customers

Planetwin365 has signed a new agreement with top-class software provider LiveG24s to offer to its customers the most popular Live Casino games such as Roulette, Blackjack and Baccarat.

Thanks to this partnership, Planetwin365 players will be able to entertain themselves with the best live experience at the game table. LiveG24 is specialized in Live Casino Games and offers to its partners and their players the closest land-based casino experience ‘Online’.

Valentina Francione, LiveG24 Commercial Director commented: “We are very excited about the partnership with Planetwin365, and we look forward to contribute to their Live Casino expansion.

In addition to Roulette, Blackjack and Baccarat, Planetwin365’s customers will be delighted to play Auto Roulette, the new High Low game with side bets based on multiplier, and also the Dual Play Roulette broadcasted directly from the Land Based Casino.

We keep going to integrate our offer to meet the needs of an increasingly demanding and various customer base – added Troy Cox, Chief Commercial Officer in SKS365Relying on the best players in the market gives us the opportunity to guarantee one of the highest levels of digital entertainment which stands out for innovation, evolution and, above all, security.

Continue Reading

Latest News

Week 27/2020 slot games releases

George Miller

Published

on

Week 27/2020 slot games releases
Reading Time: 4 minutes

 

Here are this weeks latest slots releases!

Stakelogic has released its latest slot Dragons and Magic. The game is taking players to a mysterious land of fire, ice and poisonous dragons. Players wander through a dark and dangerous forest in search of treasures such as Wilds, Free Spins, Multipliers and Expanding Reels that can potentially deliver big, mega and insane wins. The 5×3 reel video slot allows players to open the spell book and summon tremendous magic powers with between 243 and 7776 ways to win with every spin. When three or more Scatter Symbols land anywhere on the reels, the Free Spins bonus feature is triggered summoning up to 50 bonus spins.

Stakelogic Releases its Latest Slot “Dragons and Magic”

 

Habanero has launched its latest immersive slot title, Hey Sushi. Set to be one of Habanero’s summer highlights, this exotic, high-volatility release sees a delicious range of sushi-themed symbols cascade down a 5×3 grid, as discerning players savour the chance to enjoy thrilling wins. The game awards 10 free games for every three Scatter symbols that land on the reels, with sushi symbols triggering multipliers of up to x15.

Habanero cooks up a feast with Hey Sushi

 

NetGame Entertainment has released its latest slot MMA Legends. The slot combines real casino online game with betting. In this new game, players will get the chance to appear among the great legends of the sport and feel every emotion of the martial art, where everything depends on technique and good fortune. The slot is equipped with 5 reels and 50 paylines. Both theme and gameplay of the slot are amazing and make the players feel like they are in the middle of a real fight club.

NetGame Entertainment Releases its New Slot “MMA Legends”

 

WeAreCasino has introduced its latest slot. The 20-payline slot features several high paying symbols that can lead to great rewards such as the Dagger, Lamp, Gemstone and the enchanting BellyDance that serves as a Wild. When 3 or more Scatter symbols ​​land on the reels, up to 60 Free Spins can be summoned. Once the player finds 3 or more Treasure Chests, mysterious hidden chests will emerge and can be unlocked for Bonus rewards and spins. A Genie can also double one’s riches for those who dare enter his gamble game.

WeAreCasino Unveils its New Slot “BELLY DANCE”

 

Relax Gaming, igaming aggregator and supplier of unique content, is commencing a battle for big wins in its latest release Marching Legions. The 5×3 slot is packed with engagement-enhancing features, including Marching Respins, Nudges and Free Spins, which make for an epic gameplay as players try to command and conquer the reels to win up to 10,000x their bet. As on any battlefield, there’s strength in numbers. Each time a full stack of legionaries appears they brandish their swords and charge across the game area, triggering Respins in their wake.

Relax Gaming rallies the troops in its new slot Marching Legions

 

Blueprint Gaming is once again delving deep into the ancient Egyptian tomb to bring players the riches of the Pharaohs in its latest addition to the hugely popular Eye of Horus franchise. Eye of Horus Gambler presents players with new levels of engagement, not seen in the original Reel Time Gaming (RTG) version which was successfully transitioned from retail to the online slots market by Blueprint back in 2017. Retaining the captivating charms of the classic title, which has developed a cult following across many of the major European gaming regions, Blueprint has incorporated a selectable Free Games feature which allows players to take control of the bonus and choose their own destiny.

Blueprint Gaming uncovers more mystery with Eye of Horus Gambler

 

Play’n GO have teamed up with global skateboard superstar Nyjah Huston and 5th Planet Games to launch their latest slot title Nyjah Huston – Skate for Gold. Widely considered one of the most successful skateboarding athletes ever, Nyjah Huston is a 6-time World Skateboarding Champion, and the slot celebrates his talent on a board. The slot brings the skill and excitement of pulling off combos onto the reels with some exciting new features, and these are the game’s crowning achievements. Both features, SKATE and Wildboard, challenge players to complete combos with Nyjah’s game symbols, which will release an animated Nyjah onto the grid as he kicks and flips across the reels, leaving a trail of Wilds in his wake.

Nyjah Huston Goes for Gold with Play'n GO

 

Return to the funky 90s and experience summer on a Miami beach where the fun never stops in BF Games’ latest slot title Hot Sunrise. This 3×3 neon-lit slot offers players the perfect summer vibes and is brimming with hot new features, fantastic gameplay and big rewards. A Wild symbol can substitute all other symbols and landing a stack of identical symbols on two of the reels awards a Respin. Hot Sunrise also comes with a new turbo feature which speeds up the excitement for players. When nine identical symbols land, players get a chance to spin the exciting Wheel Bonus for a chance to claim generous multipliers.

BF Games raises the temperature with latest title Hot Sunrise

 

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.