EVERI is set to acquire the assets of Video King, a major provider of integrated electronic bingo gaming devices and systems.

 

Everi Holdings Inc

an industry leader in gaming technology located in Las Vegas, Nevada, announced in the early 2022 that it will buy all the properties of Video King, a leading supplier of integrated electronic bingo gaming equipment and systems. This acquisition will be expected to broaden Everi's product range and enhance its standing in the field of electronic gaming. 우리카지노

Everi provides a broad range of gaming-related products and services such as electronic gaming machines as well as financial technology solutions and security and compliance products for casinos as well as other operators of gaming. Its aim is to offer cutting-edge technological solutions and innovative products that improve the gaming experience for gamers and improve the profit margins of operators.

This acquisition by Video King is part of Everi's plan to broaden its product offerings and offer more complete gaming solutions to its clients. Video King has been a major participant in the world of electronic bingo for more than 40 years offering gaming equipment and systems for casinos, bingo halls and other establishments that offer gaming.

Electronic Bingo

The game of electronic bingo is becoming more popular in recent times and players are enjoying using electronic games, as well as the possibility of playing multiple cards at a time. Video King is leading this trend, introducing new electronic bingo devices and systems that deliver an exciting and engaging experience for bingo players.

The acquisition of assets from Video King will enable Everi to grow its reach in the online bingo market and provide more options and products to clients. The acquisition comprises Video King's product range as well as intellectual property and contracts with customers and also its distribution and manufacturing locations in Texas.

In a press release that announced the purchase, Everi Chief Executive Officer Michael Rumbolz declared, "The acquisition of Video King's assets is an important step in our strategic plan to expand our product offerings and strengthen our position as a leading provider of gaming technology solutions. Video King has a long history of innovation and excellence in the electronic bingo industry, and we are excited to welcome their talented team to the Everi family."

The acquisition is expected be completed by the beginning of the period of the year 2022. It is subjected to regulatory approvals as well as other normal closing conditions. Everi intends to integrate the assets of Video King into its current operations, and use its expertise and technology to create innovative and new gaming solutions.

One area in which the acquisition of the assets of Video King will likely to impact the industry immediately is the financial technology offered by Everi solutions. The electronic bingo industry is cash-based business, which is why Video King has developed sophisticated cash management and cash handling systems that are used extensively in the field. 먹튀검증

Video King

In integrating Video King's cash management and handling technology with its existing technological solutions for financial services, Everi will be able to provide a greater array of services and products to its clients. This will help operators more effectively control their money flow, and lessen the chance of theft and fraud, and also improve the effectiveness of their operations.

The acquisition of the assets of Video King will also be beneficial to Everi's prospects for growth. Electronic bingo is an incredibly expanding segment in the gaming industry. Video King has a strong customer base as well as established distribution channels, which will allow Everi to increase its presence on the market.

Additionally to this, the acquisition will also provide Everi the ability to access the Video King's huge intellectual property portfolio that includes a variety of trademarks and patents that relate to the technology of electronic bingo. This will allow Everi to create new and exciting products that are protected under intellectual property rights. This will give the company an edge on the market.

Conclusion

The acquisition of the assets of Video King is a significant milestone for Everi and offers a major chance for the company to diversify its product offerings and improve its position on the marketplace, and propel expansion in the coming years. With the acquisition set to be completed within the beginning of this year's quarter. Everi is well-positioned to take advantage of the increasing demand for electronic gaming and offer its customers the cutting-edge solutions. 먹튀검증