Willie Nelson Slot Machines

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Las Vegas-based gaming technology provider Everi Holdings reported its second straight profitable quarter Tuesday, exceeding analysts’ expectations for revenue and hitting the forecast for earnings.

“Ongoing customer demand for products across the spectrum of our games and financial technology solutions portfolio is driving growth across the key performance indicators of our business,” Everi President and CEO Michael Rumbolz said in a release issued Tuesday afternoon.

He said adjusted cash flow increased 10 percent to a record $59.5 million for the quarter.

The company produces a series of reel slot machine games called “Super Jackpot” and themed slot machines using the imagery of country star Willie Nelson.

Executives said new offerings would be demonstrated at October’s Global Gaming Expo in Las Vegas and details of some of the company’s capital expense goals would be outlined at Everi’s first-ever analyst day on Sept. 26 in Chicago.

Everi raised its projected adjusted cash flow for 2018 from $228 million to $231 million.

 

 

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