Everi and Penn National Gaming Launch Digital CashClub Wallet® Technology at Penn National Casinos
LAS VEGAS, August 12, 2021 / PRNewswire / – Everi Holdings Inc. (NYSE: EVRI) (“Everi” or the “Company”), a leading provider of land and digital casino gaming content and products, financial technology and gaming solutions. player loyalty, today announced that the company’s digital CashClub wallet® powers new my from Penn National Gaming, Inc. (Nasdaq: PENN) (“Penn National”)choice Wallet at Hollywood Casino York at Pennsylvania, following previous installations at the Hollywood Casino at Penn National Race Course and at the Meadows Racetrack & Casino at Pennsylvania. The new mychoice Wallet offers Penn National customers a secure and convenient cashless payment method on the casino grounds, and this facility is part of a deal that will see mychoice Wallet brought into Penn National casino properties pending appropriate regulatory approvals.
Everi’s CashClub wallet is a mobile digital wallet that enables casino operators to offer cashless and contactless financing of electronic gaming throughout the casino. Penn National is mychoice Wallet, powered by Everi, will allow customers to deposit funds into their digital wallet at their convenience – anytime or anywhere, including before arriving at the property or during the property via a debit card, a credit card or directly from their bank account. Guests can then access these funds for use directly in-game, creating a completely cashless, contactless environment that takes advantage of the guest’s mobile device. At the casino, mychoice Wallet will interface with Acres Manufacturing’s Foundation ™ casino management system, which allows direct interaction with all slots and table games, while also providing instant sharing of slot player data. at Penn National casinos.
At the end of the game, CashClub wallet The technology allows customers to transfer funds to their digital wallet where they can be held for future use or returned electronically to a bank account. Players can store multiple payment methods and easily transfer funds in and out of the casino. Everi’s CashClub wallet technology supports responsible gaming by managing spending limits.
“The implementation of mychoice The wallet in our casino properties is an important step in our ongoing initiative to deploy a new generation of cashless, cardless and contactless technologies (the 3Cs) to improve customer service and operational efficiency, ”said Todd George, executive vice president of operations at Penn National. “By eliminating transactional friction, we can offer our customers the convenience and experience they enjoy in many other consumer-oriented industries that have already adopted similar finance technologies. Thanks to its integration with our mychoice player loyalty program, mychoice Wallet will also help us to further extend our connection with our customers. “
“Penn National has deployed our financial technology solutions, including our Financial Access Services solutions, for many years and we are delighted to extend our relationship by providing our CashClub wallet technology to support the deployment of mychoice Wallet across their nationwide casino footprint, ”said Darren simmons, Executive Vice President and FinTech Business Leader for Everi. “Penn National’s thoughtful approach and rapid deployment of this digital technology is a prime example of the industry-leading position they are taking to provide their customers with more options and convenience, resulting in a great experience. more enjoyable gaming on their casino floors.choice Wallet will offer Penn National guests a new funding choice that will give them the same ability, comfort and convenience to load, retrieve and unload funds they know with other non-gaming digital wallet apps . “
Everi’s mission is to lead the gaming industry through the power of people, imagination and technology. Focused on player engagement and helping our casino customers operate more efficiently, the Company develops entertaining gaming content and gaming machines, gaming systems and services for land operators and iGaming. The Company is also the leading provider of trusted financial technology solutions that power the casino while improving operational efficiency and meeting regulatory compliance requirements, including products and services that facilitate cash and cashless financial transactions. , self-service player loyalty tools and applications. , and regulatory and intelligence software. For more information, please visit www.everi.com, which is regularly updated with financial and other information about the Company.
About Penn National Gaming
With the largest and most diverse regional gaming footprint in the country, comprising 43 properties in 20 states, Penn National continues to evolve into a highly innovative omnichannel provider of retail and online gaming, live racing and sports betting entertainment. The Company’s properties include approximately 50,000 gaming machines, 1,300 table games and 8,800 hotel rooms, and operate under various well-known brands, including Hollywood, Ameristar and L’Auberge. Our wholly-owned interactive division, Penn Interactive, manages retail sports betting across the company’s entire portfolio, as well as online social casino, bingo and iCasino products. In February 2020, Penn National entered into a strategic partnership with Barstool Sports, under which Barstool exclusively promotes the Company’s land and online casinos and sports betting products, including the Barstool Sportsbook mobile app, to its national audience. The company’s omnichannel approach is enhanced by the mychoice loyalty program, which rewards and recognizes its more than 20 million members for their loyalty to retail and online gaming and sports betting products with the most dynamic set. offers, experiences and levels of service in Industry.
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SOURCE Everi Holdings Inc.