Everi Acquires Assets of Video King (VKGS LLC)

April 11, 2023

Everi Holdings Inc. agreed to acquire the majority of assets of VKGS LLC (Video King) for approximately $59 million in cash. The asset purchase expands Everi's addressable market for digital casino gaming content—Video King brings an installed base of more than 50,000 portable electronic bingo tablets, revenue of over $25 million in 2022, and licensing in ~60 jurisdictions.

Buyers
Everi Holdings Inc.
Targets
VKGS LLC (Video King)
Sellers
VKGS LLC (Video King)
Location
Nebraska, United States
Transaction Type
Divestiture

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