Everi Holdings will cease manufacturing gaming machines in Texas, and consolidate all production at a new Las Vegas facility.
Already in Las Vegas, the business manufactures self-service fully integrated cash access kiosks, loyalty and other FinTech products. Production, assembly, and distribution will be moved to the new 182,500 sq ft location.
This location will allow for co-location of lab facilities for both games and FinTech companies, service and customer installation teams, administrative staff, and room for expansion.
The current Las Vegas facility will be closed for assembly of FinTech products. However, the site will soon be ready for use. Gaming machines production is currently located in Austin, Texas.
Everi stated that the 35 employees who are affected by the transition will have the option to relocate to Las Vegas, or apply for other jobs within the company.
According to the business, it anticipates that the projected closure and exit costs, relocation expenses, employee retention and other associated expenses will total $4.5 million by 2023.
Randy Taylor, Everi’s chief executive, stated that after assessing our immediate and long-term operational requirements, it became clear that streamlining our manufacturing, assembly, and distribution processes in a single facility would be the best way to serve our large and expanding casino client base.
“Having all our FinTech and Gaming products assembled and shipped out of one modern, environmentally-friendly facility in Las Vegas will allow us to reduce operational costs and still provide excellent customer service throughout the product ordering process.”
We have the greatest respect for Austin employees, who will be affected by this initiative. We are grateful for their contributions and will make the transition as easy as possible.