Everi implements furloughs, salary cuts to help gaming supplier ‘save the business’

Gaming equipment provider Everi Holdings said Tuesday it implemented targeted furloughs and company-wide salary reductions in an effort to preserve its cash on hand as the company weathers the nationwide casino shut down due to the COVID-19 coronavirus pandemic. Everi, which supplies gaming machines and systems that manage financial transactions and player loyalty programs, said the business disruption caused by the rapid nationwide casino shutdown has reduced all revenue and the associated workload “to near zero and limited visibility as to when our (casino) customers may reopen for business.”

Read more: Howard Stutz, CDC Gaming Reports