Gaming technology firm Everi Holdings Inc has extended its relationship with the New York Lottery for 10 additional years, pursuant to a new agreement to provide it with the video lottery central system until September 2029.
Everi’s central system currently monitors and administers more than 17,000 video lottery terminals (VLTs) installed at nine facilities across New York State, from which the company will continue to earn a fixed percentage of the net revenue they generate.
Robert Williams, Executive Director of the New York State Gaming Commission, said: “During the nearly 16 years that video lottery gaming has operated at racetracks across the state, the Commission has offered innovative gaming entertainment to players, which has provided a consistent source of funding for education in New York and distributed more than $250bn in prizes.
“Through the management of their central system, Everi has been a contributor to that success as a valued technological partner. We are looking forward to continuing our collaboration with the company for the next 10 years.”
Michael Rumbolz, President and CEO of Everi, commented: “We are honored to be selected by New York State to continue to support the success of their video lottery gaming enterprise. With more than 150 billion individual player transactions made since beginning the operation of the central system for video lottery gaming across racetracks in the state nearly 16 years ago, we remain committed to providing a state-of-the-art system that helps make management of the New York VLTs seamless and secure.”