Everi Holdings streamlines production with new Vegas facility

hard hat construction
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Everi Holdings has begun construction on a new gaming machine and fintech production facility in Las Vegas that will replace its predecessor currently located in Austin, Texas

Aiming to ‘streamline production and simplify supply chain processes and the distribution of completed products’, the new facility will be located in Las Vegas and will be completed in October 2023. 

The purpose of the project is to consolidate the manufacturing of its gaming machines, with its self-service fully integrated cash access and loyalty kiosks, as well as other fintech products currently in Las Vegas.

Consequently, the facility in Austin will close within six months post-completion, which will impact 35 members of staff. Everi has stated that it will offer each of those the opportunity to relocate to Las Vegas or to apply for other positions within the company. 

Randy Taylor, CEO of Everi, explained: “We have the highest regard for our Austin employees who will be impacted by this initiative. We greatly value their contributions and will strive to make any transition as painless as possible.”

Everi has also outlined that there will be an approximate expense of $4.5m related to the planned closure and exit costs, relocation, and other expenses as it moves to the 182,500 leased facility in Vegas. 

As well as manufacturing and shipping, the facility will offer space to co-locate lab facilities for both games and fintech businesses, house service and customer installation teams and administrative staff.

Taylor added: “As we assessed our near- and long-term operational needs – it was clear that streamlining all of our manufacturing, assembly and distribution processes into a single facility designed to our specifications would best serve the needs of our large and growing casino customer base.

“Having all of our fintech and gaming products assembled and shipped from one new, modern, environmentally-friendly facility in Las Vegas, will provide for operational efficiencies while also helping us continue to meet our goals of providing excellent customer service throughout the entire product ordering process.”