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Everi Holdings Acquired by Apollo Global Management

Story Highlights
  • Everi Holdings Inc. and IGT’s Gaming & Digital business were acquired by Apollo affiliates.
  • The merger aims to create a global leader in gaming and financial technology under the IGT name.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Everi Holdings Acquired by Apollo Global Management

Elevate Your Investing Strategy:

The latest update is out from Everi Holdings ( (EVRI) ).

On July 1, 2025, Everi Holdings Inc. and International Game Technology’s Gaming & Digital business were acquired by a holding company owned by Apollo Global Management affiliates. This transaction, valued at approximately $6.3 billion, aims to create a global leader in gaming, digital, and financial technology solutions under the IGT name. The merger resulted in Everi’s delisting from the NYSE, with stockholders receiving $14.25 per share. The combined enterprise will focus on delivering innovative content and scalable solutions across the global gaming ecosystem, with plans to integrate the two companies in the coming months.

The most recent analyst rating on (EVRI) stock is a Hold with a $14.25 price target. To see the full list of analyst forecasts on Everi Holdings stock, see the EVRI Stock Forecast page.

Spark’s Take on EVRI Stock

According to Spark, TipRanks’ AI Analyst, EVRI is a Neutral.

Everi Holdings’ overall stock score is primarily influenced by solid technical indicators and a strong cash flow position. However, the high P/E ratio and declining profit margins are significant concerns. The company’s high leverage and lack of dividend yield also weigh negatively on the overall score. Continued focus on reducing debt and improving profitability is essential for enhancing investor confidence.

To see Spark’s full report on EVRI stock, click here.

More about Everi Holdings

Everi Holdings Inc. is a company involved in the gaming, digital, and financial technology sectors. It offers gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty, and player engagement solutions. The company is organized into Gaming, Digital, and FinTech business units and is headquartered in Las Vegas.

Average Trading Volume: 1,698,936

Technical Sentiment Signal: Buy

Current Market Cap: $1.24B

For detailed information about EVRI stock, go to TipRanks’ Stock Analysis page.

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