Everi (EVRI) 10-Q 2 Aug 22 2022 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Jun. 30, 2022	Jul. 29, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	001-32622
Entity Registrant Name	EVERI HOLDINGS INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-0723270
Entity Address, Address Line One	7250 S. Tenaya Way
Entity Address, Address Line Two	Suite 100
Entity Address, City or Town	Las Vegas
Entity Address, State or Province	NV
Entity Address, Postal Zip Code	89113
City Area Code	800
Local Phone Number	833-7110
Title of 12(b) Security	Common Stock, $0.001 par value
Trading Symbol	EVRI
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		89,849,846
Entity Central Index Key	0001318568
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q2

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2022	Jun. 30, 2021
Revenues
Total revenues	$ 197,222		$ 172,582		$ 372,838	$ 311,695
Costs and expenses
Operating expenses	55,051		48,178		104,876	86,221
Research and development	14,064		8,766		26,583	17,179
Depreciation	15,678		15,931		30,898	32,108
Amortization	14,646		14,369		28,279	29,084
Total costs and expenses	142,673		118,193		265,698	217,112
Operating income	54,549		54,389		107,140	94,583
Other expenses
Interest expense, net of interest income	12,294		17,760		23,642	36,231
Total other expenses	12,294		17,760		23,642	36,231
Income before income tax	42,255		36,629		83,498	58,352
Income tax provision	9,734		415		19,455	1,604
Net income	32,521		36,214		64,043	56,748
Foreign currency translation (loss) gain	(2,606)		328		(2,026)	107
Comprehensive income	$ 29,915		$ 36,542		$ 62,017	$ 56,855
Earnings per share
Basic (in dollars per share)	$ 0.35		$ 0.41		$ 0.70	$ 0.65
Diluted (in dollars per share)	$ 0.33		$ 0.36		$ 0.65	$ 0.57
Weighted average common shares outstanding
Basic (in shares)	91,710		88,722		91,560	87,858
Diluted (in shares)	98,706		100,030		99,249	99,004
Games
Revenues
Total revenues	$ 112,347		$ 99,337		$ 210,683	$ 175,488
Costs and expenses
Cost of revenues	29,516	[1]	20,590	[1]	52,293	35,656
Operating expenses	20,680		17,565		38,026	32,160
Research and development	9,467		5,854		17,097	11,521
Depreciation	13,334		14,064		26,315	28,627
Amortization	10,467		10,675		20,272	21,659
Total costs and expenses	83,464		68,748		154,003	129,623
Operating income	28,883		30,589		56,680	45,865
Games | Gaming operations
Revenues
Total revenues	74,035		73,220		144,332	131,361
Costs and expenses
Cost of revenues	6,122	[1]	5,342	[1]	12,117	10,101
Games | Gaming equipment and systems
Revenues
Total revenues	38,268		26,090		66,266	44,078
Costs and expenses
Cost of revenues	23,394	[1]	15,248	[1]	40,176	25,555
Games | Gaming other
Revenues
Total revenues	44		27		85	49
FinTech
Revenues
Total revenues	84,875		73,245		162,155	136,207
Costs and expenses
Cost of revenues	13,718	[1]	10,359	[1]	22,769	16,864
Operating expenses	34,371		30,613		66,850	54,061
Research and development	4,597		2,912		9,486	5,658
Depreciation	2,344		1,867		4,583	3,481
Amortization	4,179		3,694		8,007	7,425
Total costs and expenses	59,209		49,445		111,695	87,489
Operating income	25,666		23,800		50,460	48,718
FinTech | Financial access services
Revenues
Total revenues	50,876		44,840		100,755	83,552
Costs and expenses
Cost of revenues	2,470	[1]	1,560	[1]	4,645	3,033
FinTech | Software and other
Revenues
Total revenues	18,997		15,604		36,864	32,850
Costs and expenses
Cost of revenues	886	[1]	1,129	[1]	1,821	2,133
FinTech | Hardware
Revenues
Total revenues	15,002		12,801		24,536	19,805
Costs and expenses
Cost of revenues	$ 10,362	[1]	$ 7,670	[1]	$ 16,303	$ 11,698
[1](1) Exclusive of depreciation and amortization.

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 238,106	$ 302,009
Settlement receivables	59,195	89,275
Trade and other receivables, net of allowances for credit losses of $5,284 and $5,161 at June 30, 2022 and December 31, 2021, respectively	108,726	104,822
Inventory	49,163	29,233
Prepaid expenses and other current assets	38,895	27,299
Total current assets	494,085	552,638
Non-current assets
Property and equipment, net	127,131	119,993
Goodwill	707,258	682,663
Other intangible assets, net	236,112	214,594
Other receivables	20,997	13,982
Deferred tax assets, net	9,475	32,121
Other assets	28,945	19,659
Total non-current assets	1,129,918	1,083,012
Total assets	1,624,003	1,635,650
Current liabilities
Settlement liabilities	204,199	291,861
Accounts payable and accrued expenses	208,200	173,933
Current portion of long-term debt	6,000	6,000
Total current liabilities	418,399	471,794
Non-current liabilities
Long-term debt, less current portion	973,760	975,525
Other accrued expenses and liabilities	29,215	13,831
Total non-current liabilities	1,002,975	989,356
Total liabilities	1,421,374	1,461,150
Commitments and contingencies (Note 13)
Stockholders’ equity
Convertible preferred stock, $0.001 par value, 50,000 shares authorized and no shares outstanding at June 30, 2022 and December 31, 2021, respectively	0	0
Common stock, $0.001 par value, 500,000 shares authorized and 119,109 and 90,761 shares issued and outstanding at June 30, 2022, respectively, and 116,996 and 91,313 shares issued and outstanding at December 31, 2021, respectively	119	117
Additional paid-in capital	516,785	505,757
Accumulated deficit	(77,712)	(141,755)
Accumulated other comprehensive loss	(3,481)	(1,455)
Treasury stock, at cost, 28,348 and 25,683 shares at June 30, 2022 and December 31, 2021, respectively	(233,082)	(188,164)
Total stockholders’ equity	202,629	174,500
Total liabilities and stockholders’ equity	$ 1,624,003	$ 1,635,650

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Current assets
Allowances for doubtful accounts	$ 5,284	$ 5,161
Stockholders’ equity
Convertible preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Convertible preferred stock authorized (in shares)	50,000,000	50,000,000
Convertible preferred stock outstanding (in shares)	0	0
Common stock par value (in dollars per share)	$ 0.001	$ 0.001
Common stock authorized (in shares)	500,000,000	500,000,000
Common stock issued (in shares)	119,109,000	116,996,000
Common stock outstanding (in shares)	90,761,000	91,313,000
Treasury stock (in shares)	28,348,000	25,683,000

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities
Net income	$ 64,043	$ 56,748
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	30,898	32,108
Amortization	28,279	29,084
Non-cash lease expense	2,257	2,399
Amortization of financing costs and discounts	1,427	2,344
Loss on sale or disposal of assets	289	1,486
Accretion of contract rights	4,897	4,637
Provision for credit losses	4,275	3,806
Deferred income taxes	18,548	896
Reserve for inventory obsolescence	468	1,211
Stock-based compensation	10,311	8,452
Changes in operating assets and liabilities:
Settlement receivables	30,041	10,546
Trade and other receivables	(8,888)	(26,297)
Inventory	(15,157)	(4,764)
Prepaid expenses and other assets	(23,892)	(7,146)
Settlement liabilities	(87,607)	20,682
Accounts payable and accrued expenses	14,046	27,326
Net cash provided by operating activities	74,235	163,518
Cash flows from investing activities
Capital expenditures	(60,044)	(49,234)
Acquisitions, net of cash acquired	(33,250)	(15,000)
Proceeds from sale of property and equipment	67	19
Placement fee agreements	(547)	0
Net cash used in investing activities	(93,774)	(64,215)
Cash flows from financing activities
Proceeds from exercise of stock options	719	8,703
Treasury stock - restricted share vestings and withholdings	(11,582)	(8,612)
Treasury stock - repurchase of shares	(30,298)	0
Payment of contingent consideration, acquisition	0	(9,875)
Net cash used in financing activities	(44,161)	(10,409)
Effect of exchange rates on cash and cash equivalents	(450)	67
Cash, cash equivalents and restricted cash
Net (decrease) increase for the period	(64,150)	88,961
Balance, beginning of the period	303,726	252,349
Balance, end of the period	239,576	341,310
Supplemental cash disclosures
Cash paid for interest	22,259	35,309
Cash paid for income tax, net	87	566
Supplemental non-cash disclosures
Accrued and unpaid capital expenditures	3,587	2,212
Transfer of leased gaming equipment to inventory	4,078	3,715
Term Loan
Cash flows from financing activities
Repayments of secured debt	(3,000)	0
Incremental Term Loan
Cash flows from financing activities
Repayments of secured debt	$ 0	$ (625)

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Loss	Treasury Stock
Balance, beginning of period (in shares) at Dec. 31, 2020		111,872
Balance, beginning of period at Dec. 31, 2020	$ (7,898)	$ 112	$ 466,614	$ (294,620)	$ (1,191)	$ (178,813)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	20,534			20,534
Foreign currency translation	(221)				(221)
Stock-based compensation expense	3,005		3,005
Exercise of warrants (in shares)		378
Exercise of options (in shares)		561
Exercise of options	2,285	$ 1	2,284
Restricted share vesting and withholding (in shares)		41
Restricted share vestings and withholdings	(173)		(1)			(172)
Balance, end of period (in shares) at Mar. 31, 2021		112,852
Balance, end of period at Mar. 31, 2021	17,532	$ 113	471,902	(274,086)	(1,412)	(178,985)
Balance, beginning of period (in shares) at Dec. 31, 2020		111,872
Balance, beginning of period at Dec. 31, 2020	(7,898)	$ 112	466,614	(294,620)	(1,191)	(178,813)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	56,748
Balance, end of period (in shares) at Jun. 30, 2021		115,559
Balance, end of period at Jun. 30, 2021	57,500	$ 116	483,762	(237,872)	(1,084)	(187,422)
Balance, beginning of period (in shares) at Mar. 31, 2021		112,852
Balance, beginning of period at Mar. 31, 2021	17,532	$ 113	471,902	(274,086)	(1,412)	(178,985)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	36,214			36,214
Foreign currency translation	328				328
Stock-based compensation expense	5,447		5,447
Exercise of options (in shares)		1,358
Exercise of options	6,418	$ 2	6,416
Restricted share vesting and withholding (in shares)		1,349
Restricted share vestings and withholdings	(8,439)	$ 1	(3)			(8,437)
Balance, end of period (in shares) at Jun. 30, 2021		115,559
Balance, end of period at Jun. 30, 2021	$ 57,500	$ 116	483,762	(237,872)	(1,084)	(187,422)
Balance, beginning of period (in shares) at Dec. 31, 2021	91,313	116,996
Balance, beginning of period at Dec. 31, 2021	$ 174,500	$ 117	505,757	(141,755)	(1,455)	(188,164)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	31,522			31,522
Foreign currency translation	580				580
Stock-based compensation expense	4,811		4,811
Exercise of options (in shares)		164
Exercise of options	699		699
Restricted share vesting and withholding (in shares)		(61)
Restricted share vestings and withholdings	(400)					(400)
Balance, end of period (in shares) at Mar. 31, 2022		117,221
Balance, end of period at Mar. 31, 2022	$ 211,712	$ 117	511,267	(110,233)	(875)	(188,564)
Balance, beginning of period (in shares) at Dec. 31, 2021	91,313	116,996
Balance, beginning of period at Dec. 31, 2021	$ 174,500	$ 117	505,757	(141,755)	(1,455)	(188,164)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	64,043
Repurchase of shares	$ (33,300)
Balance, end of period (in shares) at Jun. 30, 2022	90,761	119,109
Balance, end of period at Jun. 30, 2022	$ 202,629	$ 119	516,785	(77,712)	(3,481)	(233,082)
Balance, beginning of period (in shares) at Mar. 31, 2022		117,221
Balance, beginning of period at Mar. 31, 2022	211,712	$ 117	511,267	(110,233)	(875)	(188,564)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	32,521			32,521
Foreign currency translation	(2,606)				(2,606)
Stock-based compensation expense	5,500		5,500
Exercise of options (in shares)		5
Exercise of options	20		20
Restricted share vesting and withholding (in shares)		1,883
Restricted share vestings and withholdings	(11,182)	$ 2	(2)			(11,182)
Repurchase of shares	$ (33,336)					(33,336)
Balance, end of period (in shares) at Jun. 30, 2022	90,761	119,109
Balance, end of period at Jun. 30, 2022	$ 202,629	$ 119	$ 516,785	$ (77,712)	$ (3,481)	$ (233,082)

BUSINESS

BUSINESS	6 Months Ended
	Jun. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BUSINESS	BUSINESS Everi Holdings Inc. (“Everi Holdings,” or “Everi”) is a holding company, the assets of which are the issued and outstanding shares of capital stock of each of Everi Payments Inc. (“Everi FinTech” or “FinTech”) and Everi Games Holding Inc., which owns all of the issued and outstanding shares of capital stock of Everi Games Inc. (“Everi Games” or “Games”). Unless otherwise indicated, the terms the “Company,” “we,” “us,” and “our” refer to Everi Holdings together with its consolidated subsidiaries. Everi is a supplier of entertainment and technology solutions for the casino and digital gaming industry. The Company develops game content and gaming machines, gaming systems and services for land-based and iGaming operators. The Company is also a provider of financial technology solutions that power the casino floor, including products and services that facilitate cash and cashless financial transactions, self-service player loyalty tools and applications, and regulatory and intelligence software. Everi reports its financial performance, and organizes and manages its operations, across the following two business segments: (i) Games and (ii) Financial Technology Solutions (“FinTech”). Everi Games provides gaming operators with gaming technology and entertainment products and services, including: (i) gaming machines, primarily comprising Class II, Class III and Historic Horse Racing (“HHR”) slot machines placed under participation or fixed-fee lease arrangements or sold to casino customers; (ii) providing and maintaining the central determinant systems for the video lottery terminals (“VLTs”) installed in the State of New York and similar technology in certain tribal jurisdictions; and (iii) business-to-business (“B2B”) digital online gaming activities. Everi FinTech provides gaming operators with financial technology products and services, including: (i) financial access and related services supporting digital, cashless and physical cash options across mobile, assisted and self-service channels; (ii) loyalty and marketing software and tools, regulatory and compliance (“RegTech”) software solutions, other information-related products and services, and hardware maintenance services; and (iii) associated casino patron self-service hardware that utilizes our financial access, software and other services. Our services operate as part of an end-to-end security suite to protect against cyber-related attacks and maintain the necessary secured environments to maintain compliance with applicable regulatory requirements. These solutions include: access to cash and cashless funding at gaming facilities via Automated Teller Machine (“ATM”) debit withdrawals, credit card financial access transactions, and point of sale (“POS”) debit card purchases at casino cages, kiosk and mobile POS devices; accounts for the CashClub Wallet, check warranty services, self-service loyalty and fully integrated kiosk maintenance services; self-service loyalty tools and promotion management software; compliance, audit, and data software; casino credit data and reporting services; marketing and promotional offering subscription-based services; and other ancillary offerings. Impact of the Coronavirus Disease 2019 (“COVID-19”) Pandemic The COVID-19 pandemic negatively impacted the global economy, disrupted global supply chains, and created significant volatility in the financial markets. Initially, it lowered equity market valuations and raised the cost of borrowing funds, increased unemployment levels, and caused temporary, and in certain cases, permanent closures of many businesses. The gaming industry was not immune to these factors as our casino customers closed their gaming establishments in the first quarter of 2020. As the initial impacts from the COVID-19 pandemic subsided, most of our casino customers began to reopen their operations over the remainder of 2020 and throughout 2021. While some of our customers’ locations have permanently ceased operations, nearly all of our customer base has resumed operations as of June 30, 2022. In addition, the impacts of employment constraints and supply chain disruptions continue to challenge our customers and us. Since the onset of COVID-19, we have implemented measures to mitigate our exposure throughout the global pandemic. While many pandemic impacts have subsided, further uncertainty still challenges our customers and us as a result of COVID-19 and the resurgence of its variants. We continue to evaluate our business strategies and monitor the impacts of the global pandemic, employment constraints and supply chain disruptions on our results of operations and financial condition, and make adjustments to our business, accordingly.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Our unaudited condensed consolidated financial statements included herein have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Some of the information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) have been condensed or omitted pursuant to such rules and regulations, although we believe the disclosures are adequate to make the information presented not misleading. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary for a fair statement of results for the interim periods have been made. The results for the three and six months ended June 30, 2022 are not necessarily indicative of results to be expected for the full fiscal year. The Financial Statements should be read in conjunction with the consolidated financial statements and notes thereto included in the most recently filed Annual Report. We evaluate the composition of our revenues to maintain compliance with SEC Regulation S-X Section 210.5-3, which requires us to separately present certain categories of revenues that exceed the quantitative threshold on our Statements of Operations. Revenue Recognition Overview We evaluate the recognition of revenue based on the criteria set forth in Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers and ASC 842 — Leases, as appropriate. We recognize revenue upon transferring control of goods or services to our customers in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We enter into contracts with customers that include various performance obligations consisting of goods, services, or combinations of goods and services. Timing of the transfer of control varies based on the nature of the contract. We recognize revenue net of any sales and other taxes collected from customers, which are subsequently remitted to governmental authorities and are not included in revenues or operating expenses. We measure revenue based on the consideration specified in a contract with a customer and adjusted, as necessary. Disaggregation of Revenues We disaggregate revenues based on the nature and timing of the cash flows generated by such revenues as presented in “Note 18 — Segment Information.” Contract Balances Since our contracts may include multiple performance obligations, there is often a timing difference between cash collections and the satisfaction of such performance obligations and revenue recognition. Such arrangements are evaluated to determine whether contract assets and liabilities exist. We generally record contract assets when the timing of billing differs from when revenue is recognized due to contracts containing specific performance obligations that are required to be met prior to a customer being invoiced. We generally record contract liabilities when cash is collected in advance of us satisfying performance obligations, including those that are satisfied over a period of time. Balances of our contract assets and contract liabilities may fluctuate due to timing of cash collections. The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2022 2021 Contract assets (1) Balance at January 1 - current $ 9,927 $ 9,240 Balance at January 1 - non-current 5,294 8,321 Total 15,221 17,561 Balance at June 30 - current 11,353 9,994 Balance at June 30 - non-current 4,972 7,252 Total 16,325 17,246 Increase (decrease) $ 1,104 $ (315) Contract liabilities (2) Balance at January 1 - current $ 36,238 $ 26,980 Balance at January 1 - non-current 377 289 Total 36,615 27,269 Balance at June 30 - current 48,569 30,694 Balance at June 30 - non-current 161 466 Total 48,730 31,160 Increase $ 12,115 $ 3,891 (1) The current portion of contract assets is included within trade and other receivables, net, and the non-current portion is included within other receivables in our Balance Sheets. (2) The current portion of contract liabilities is included within accounts payable and accrued expenses, and the non-current portion is included within other accrued expenses and liabilities in our Balance Sheets. We recognized approximately $21.1 million and $18.0 million in revenue that was included in the beginning contract liability balance during the six months ended June 30, 2022 and 2021, respectively. Games Revenues Our products and services include electronic gaming devices, such as Native American Class II offerings and other electronic bingo products, Class III slot machine offerings, HHR offerings, VLTs, B2B digital online gaming activities, accounting and central determinant systems, and other back office systems. We conduct our Games segment business based on results generated from the following major revenue streams: (i) Gaming Operations; (ii) Gaming Equipment and Systems; and (iii) Gaming Other. We recognize our Gaming Operations revenue based on criteria set forth in ASC 842 or ASC 606, as applicable. The amount of lease revenue included in our Gaming Operations revenues and recognized under ASC 842 was approximately $49.5 million and $96.6 million for the three and six months ended June 30, 2022, respectively, and $51.7 million and $92.5 million for the three and six months ended June 30, 2021, respectively. FinTech Revenues Our FinTech products and services include solutions that we offer to gaming establishments to provide their patrons with financial access and funds-based services supporting digital, cashless and physical cash options across mobile, assisted and self-service channels along with related loyalty and marketing tools, and other information-related products and services. In addition, our services operate as part of an end-to-end se curity suite to protect against cyber-related attacks and maintain the necessary secured environments to maintain compliance with applicable regulatory requirements. These solutions include: access to cash and cashless funding at gaming facilities via ATM debit withdrawals, credit card financial access transactions, and POS debit card purchases at casino cages, kiosk and mobile POS devices; accounts for the CashClub Wallet, check warranty services, self-service loyalty and fully integrated kiosk maintenance services; self-service loyalty tools and promotion management software; compliance, audit, and data software; casino credit data and reporting services; marketing and promotional offering subscription-based services; and other ancillary offerings. We conduct our FinTech segment business based on results generated from the following major revenue streams: (i) Financial Access Services; (ii) Software and Other; and (iii) Hardware. Hardware revenues are derived from the sale of our financial access and loyalty kiosks and related equipment and are accounted for under ASC 606, unless such transactions meet the definition of a sales type or direct financing lease, which are accounted for under ASC 842. We did not have any material financial access kiosk and related equipment sales contracts accounted for under ASC 842 during the three and six months ended June 30, 2022 and 2021. Restricted Cash Our restricted cash primarily consists of: (i) funds held in connection with certain customer agreements; (ii) funds held in connection with a sponsorship agreement; (iii) wide area progressive (“WAP”)-related restricted funds; and (iv) financial access activities related to cashless balances held on behalf of patrons. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Balance Sheets that sum to the total of the same such amounts shown in the statement of cash flows for the six months ended June 30, 2022 (in thousands). Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 238,106 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 1,369 1,616 Restricted cash - non-current Other assets 101 101 Total $ 239,576 $ 303,726 Allowance for Credit Losses We continually evaluate the collectability of outstanding balances and maintain an allowance for credit losses related to our trade and other receivables and notes receivable that have been determined to have a high risk of uncollectability, which represents our best estimates of the current expected credit losses to be incurred in the future. To derive our estimates, we analyze historical collection trends and changes in our customer payment patterns, current and expected conditions and market trends along with our operating forecasts, concentration, and creditworthiness when evaluating the adequacy of our allowance for credit losses. In addition, with respect to our check warranty receivables, we are exposed to risk for the losses associated with warranted items that cannot be collected from patrons issuing these items. We evaluate the collectability of the outstanding balances and establish a reserve for the face amount of the current expected credit losses related to these receivables. Account balances are charged against the provision when the Company believes it is probable the receivable will not be recovered. The provision for doubtful accounts receivable is included within operating expenses and the check warranty loss reserves are included within financial access services cost of revenues in the Statements of Operations. Goodwill Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired plus liabilities assumed arising from business combinations. We test for impairment annually on a reporting unit basis, at the beginning of our fourth fiscal quarter and between annual tests if events and circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step 0” assessment based on reviewing relevant events and circumstances; or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using both an income approach that discounts future cash flows based on the estimated future results of our reporting units and a market approach that compares market multiples of comparable companies to determine whether an impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded. The evaluation of impairment of goodwill requires the use of estimates about future operating results. Changes in forecasted operations can materially affect these estimates, which could materially affect our results of operations and financial condition. The estimates of expected future cash flows require significant judgment and are based on assumptions we determined to be reasonable; however, they are unpredictable and inherently uncertain, including, estimates of future growth rates, operating margins and assumptions about the overall economic climate as well as the competitive environment within which we operate. There can be no assurance that our estimates and assumptions made for purposes of our impairment assessments as of the time of evaluation will prove to be accurate predictions of the future. If our assumptions regarding business plans, competitive environments, or anticipated growth rates are not correct, we may be required to record non-cash impairment charges in future periods, whether in connection with our normal review procedures periodically, or earlier, if an indicator of an impairment is present prior to such evaluation. Our reporting units are identified as operating segments or one level below. Reporting units must: (i) engage in business activities from which they earn revenues and incur expenses; (ii) have operating results that are regularly reviewed by our segment management to ascertain the resources to be allocated to the segment and assess its performance; and (iii) have discrete financial information available. As of June 30, 2022, our reporting units included: (i) Games; (ii) Financial Access Services; (iii) Kiosk Sales and Services; (iv) Central Credit Services; (v) Compliance Sales and Services; and (vi) Loyalty Sales and Services. Fair Values of Financial Instruments The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are made at a specific point in time, based upon relevant market information about the financial instrument. The carrying amount of cash and cash equivalents, restricted cash, settlement receivables, short-term trade and other receivables, settlement liabilities, accounts payable, and accrued expenses approximate fair value due to the short-term maturities of these instruments. The fair value of the long-term trade and loans receivable is estimated by discounting expected future cash flows using current interest rates at which similar loans would be made to borrowers with similar credit ratings and remaining maturities. The fair value of long-term accounts payable is estimated by discounting the total obligation using the appropriate interest rates. As of June 30, 2022 and December 31, 2021, the fair value of trade and loans receivable approximated the carrying value due to contractual terms generally being slightly ov er 12 months. The f air value of our borrowings is estimated based on various inputs to determine a market price, such as: market demand and supply, size of tranche, maturity, and similar instruments trading in more active markets. The estimated fair value and outstanding balances of our borrowings are as follows (dollars in thousands): Level of Hierarchy Fair Value Outstanding Balance June 30, 2022 $600 million New Term Loan 2 $ 571,561 $ 595,500 $400 million 2021 Unsecured Notes 2 $ 342,000 $ 400,000 December 31, 2021 $600 million New Term Loan 2 $ 598,171 $ 598,500 $400 million 2021 Unsecured Notes 2 $ 404,000 $ 400,000 Our borrowings’ fair values were determined using Level 2 inputs based on quoted market prices for these securities. Reclassification of Prior Year Balances Certain amounts in the accompanying consolidated financial statements and accompanying notes have been reclassified to be consistent with the current year presentation. These reclassifications h ad no effect on net income for the prior periods. Recent Accounting Guidance Recently Adopted Accounting Guidance Standard Description Date of Adoption Effect on Financial Statements ASU 2021-05 , 'Leases (Topic 842): Lessors—Certain Leases with Variable Lease Payments This ASU amends the lease classification requirements for lessors to align them with practice under ASC Topic 840 January 1, 2022 The adoption of this ASU did not have a material effect on our Financial Statements or on our disclosures. Recent Accounting Guidance Not Yet Adopted As of June 30, 2022, we do not anticipate re cently issued accounting guidance to have a significant future impact on our consolidated financial statements.

LEASES

LEASES	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
LEASES	LEASES We determine if a contract is, or contains, a lease at the inception, or modification, of a contract based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of an asset is predicated upon the notion that a lessee has both the right to (i) obtain substantially all of the economic benefit from the use of the asset; and (ii) direct the use of the asset. Operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of minimum lease payments over the expected lease term at commencement date. Lease expense is recognized on a straight-line basis over the expected lease term. Our lease arrangements have both lease and non-lease components, and we have elected the practical expedient to account for the lease and non-lease elements as a single lease. Certain of our lease arrangements contain options to renew with terms that generally have the ability to extend the lease term to a range of approximately one Lessee We enter into operating lease agreements for real estate purposes that generally consist of buildings for office space and warehouses for manufacturing purposes. Certain of our lease agreements consist of rental payments that are periodically adjusted for inflation. Our lease agreements do not contain material residual value guarantees or material restrictive covenants. Our lease agreements do not generally provide explicit rates of interest; therefore, we use our incremental collateralized borrowing rate, which is based on a fully collateralized and fully amortizing loan with a maturity date the same as the length of the lease that is based on the information available at the commencement date to determine the present value of lease payments. Leases with an initial term of 12 months or less (short-term) are not accounted for on our Balance Sheets. As of June 30, 2022 and December 31, 2021, our finance leases were not material. Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 19,044 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,268 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 17,168 $ 11,869 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,642 $ 1,745 $ 3,310 $ 3,370 Short-term operating leases $ 398 $ 389 $ 807 $ 819 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 504 $ 667 $ 6,451 $ 667 (1) The amounts are presented net of current year terminations and exclude amortization for the period. Other information related to lease terms and discount rates is as follows: At June 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.81 3.52 Weighted Average Discount Rate: Operating leases 4.68 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,467 $ 1,456 $ 2,829 $ 2,916 Variable lease cost $ 364 $ 385 $ 643 $ 635 Maturities of lease liabilities are summarized as follows as of June 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the six months ended June 30, 2022) $ 3,462 2023 7,019 2024 6,420 2025 5,641 2026 2,137 Thereafter 967 Total future minimum lease payments 25,646 Less: Amount representing interest 2,210 Present value of future minimum lease payments 23,436 Less: Current operating lease obligations 6,268 Long-term lease obligations $ 17,168 Lessor We generate lease revenues primarily from our gaming operations activities, and the majority of our leases are month-to-month leases. Under these arrangements, we retain ownership of the electronic gaming machines (“EGMs”) installed at customer facilities. We receive recurring revenues based on a percentage of the net win per day generated by the leased gaming equipment or a fixed daily fee. Such revenues are generated daily and are limited to the lesser of the net win per day generated by the leased gaming equipment or the fixed daily fee and the lease payments that have been collected from the lessee. Certain of our leases have terms and conditions with options for a lessee to purchase the underlying assets. Refer to "Note 9 - Property and Equipment" for details of our rental pool assets cost and accumulated depreciation. We did not have material sales transactions that qualified for sales-type lease accounting treatment during the three and six months ended June 30, 2022 and 2021 . Our interest income recognized in connection with sales-type leases executed in the prior periods was not material. Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 801 $ 1,331
LEASES	LEASES We determine if a contract is, or contains, a lease at the inception, or modification, of a contract based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of an asset is predicated upon the notion that a lessee has both the right to (i) obtain substantially all of the economic benefit from the use of the asset; and (ii) direct the use of the asset. Operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of minimum lease payments over the expected lease term at commencement date. Lease expense is recognized on a straight-line basis over the expected lease term. Our lease arrangements have both lease and non-lease components, and we have elected the practical expedient to account for the lease and non-lease elements as a single lease. Certain of our lease arrangements contain options to renew with terms that generally have the ability to extend the lease term to a range of approximately one Lessee We enter into operating lease agreements for real estate purposes that generally consist of buildings for office space and warehouses for manufacturing purposes. Certain of our lease agreements consist of rental payments that are periodically adjusted for inflation. Our lease agreements do not contain material residual value guarantees or material restrictive covenants. Our lease agreements do not generally provide explicit rates of interest; therefore, we use our incremental collateralized borrowing rate, which is based on a fully collateralized and fully amortizing loan with a maturity date the same as the length of the lease that is based on the information available at the commencement date to determine the present value of lease payments. Leases with an initial term of 12 months or less (short-term) are not accounted for on our Balance Sheets. As of June 30, 2022 and December 31, 2021, our finance leases were not material. Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 19,044 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,268 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 17,168 $ 11,869 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,642 $ 1,745 $ 3,310 $ 3,370 Short-term operating leases $ 398 $ 389 $ 807 $ 819 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 504 $ 667 $ 6,451 $ 667 (1) The amounts are presented net of current year terminations and exclude amortization for the period. Other information related to lease terms and discount rates is as follows: At June 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.81 3.52 Weighted Average Discount Rate: Operating leases 4.68 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,467 $ 1,456 $ 2,829 $ 2,916 Variable lease cost $ 364 $ 385 $ 643 $ 635 Maturities of lease liabilities are summarized as follows as of June 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the six months ended June 30, 2022) $ 3,462 2023 7,019 2024 6,420 2025 5,641 2026 2,137 Thereafter 967 Total future minimum lease payments 25,646 Less: Amount representing interest 2,210 Present value of future minimum lease payments 23,436 Less: Current operating lease obligations 6,268 Long-term lease obligations $ 17,168 Lessor We generate lease revenues primarily from our gaming operations activities, and the majority of our leases are month-to-month leases. Under these arrangements, we retain ownership of the electronic gaming machines (“EGMs”) installed at customer facilities. We receive recurring revenues based on a percentage of the net win per day generated by the leased gaming equipment or a fixed daily fee. Such revenues are generated daily and are limited to the lesser of the net win per day generated by the leased gaming equipment or the fixed daily fee and the lease payments that have been collected from the lessee. Certain of our leases have terms and conditions with options for a lessee to purchase the underlying assets. Refer to "Note 9 - Property and Equipment" for details of our rental pool assets cost and accumulated depreciation. We did not have material sales transactions that qualified for sales-type lease accounting treatment during the three and six months ended June 30, 2022 and 2021 . Our interest income recognized in connection with sales-type leases executed in the prior periods was not material. Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 801 $ 1,331

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS We account for business combinations in accordance with ASC 805 — Business Combinations, which requires that the identifiable assets acquired and liabilities assumed be recorded at their estimated fair values on the acquisition date separately from goodwill, which is the excess of the fair value of the purchase price over the fair values of these identifiable assets and liabilities. We include the results of operations of an acquired business as of the acquisition date. ecash Holdings Pty Limited On March 1, 2022 (the “Closing Date”), the Company acquired the stock of ecash Holdings Pty Limited and wholly-owned subsidiaries Global Payment Technologies Australia Pty Limited, and ACN 121 187 068 Pty Limited (collectively “ecash”), a privately owned, Australia-based developer and provider of innovative cash handling and financial payment solutions for the broader gaming industry in Australia, Asia, Europe, and the United States. The acquisition of ecash’s products and services represents a strategic extension of Everi’s current suite of financial technology solutions within the FinTech segment. The acquisition provides Everi with a complementary portfolio of new customer locations throughout Australia, the United States, and other geographies. Under the terms of the stock purchase agreement, we paid the seller AUD$20 million (approximately USD$15 million) on the Closing Date of the transaction and we will pay an additional AUD$6.5 million one year following the Closing Date and another AUD$6.5 million two years following the Closing Date. In addition, we paid approximately AUD$8.7 million (approximately USD$6.0 million) for the excess net working capital during the quarter ended June 30, 2022. Pursuant to the arrangement, there is an earn-out provision of up to AUD$10 million, to the extent certain growth targets are achieved. The payment, if any, is subject to certain employment restrictions and will be accounted for as compensation expense in accordance with GAAP. The acquisition did not have a significant impact on our results of operations or financi al condition for the three and six months ended June 30, 2022. The total preliminary purchase consideration for ecash was as follows (in thousands, at fair value): Amount in USD Purchase consideration Cash consideration paid at closing $ 14,980 Cash consideration to be paid post-closing 15,905 Total purchase consideration $ 30,885 Cash consideration to be paid is comprised of a short-term component that is recorded in accounts payable and accrued expenses and a long-term component payable within two years recorded in other accrued expenses and liabilities of our Balance Sheets. The transaction was accounted for using the acquisition method of accounting, which requires, among other things, the assets acquired and liabilities assumed be recognized at their respective fair values as of the acquisition date. The excess of the purchase price over those fair values was recorded as goodwill, which will be amortized over a period of 15 years for tax purposes. The goodwill recognized is primarily attributable to the income potential from the expansion of our footprint in the gaming space by enhancing our financial technology solution portfolio to add new markets and business lines and an assembled workforce, among other strategic benefits. The estimates and assumptions used include the projected timing and amount of future cash flows and discount rates reflecting risk inherent in the future cash flows. The estimated fair values of assets acquired and liabilities assumed and resulting goodwill are subject to adjustment as the Company finalizes its purchase price accounting. The significant items for which a final fair value has not been determined include, but are not limited to: the valuation and estimated useful lives of intangible assets, deferred and unearned revenues, and deferred income taxes. We do not expect our fair value determinations to materially change; however, there may be differences between the amounts recorded at the Closing Date and the final fair value analysis, which we expect to complete no later than the first quarter of 2023. The information below reflects the amounts of identifiable assets acquired and liabilities assumed (in thousands): Amount in USD* Current assets $ 13,630 Property and equipment 1,218 Other intangible assets 11,600 Goodwill 11,081 Other assets 726 Total Assets 38,255 Accounts payable and accrued expenses 7,160 Other accrued expenses and liabilities 210 Total liabilities 7,370 Net assets acquired $ 30,885 _______________________ *R eflects a measurement period adjustment of approximately $0.4 million from the initial allocation as of the closing date of the transaction. Current assets acquired included approximately $2.8 million in cash. Trade receivables acquired of approximately $5.7 million were short-term in nature and considered to be collectible, and therefore, the carrying amounts of these assets represented their fair values. Inventory acquired of approximately $5.0 million consisted of raw materials and finished goods and was recorded at fair value based on the estimated net realizable value of these assets. Property, equipment, and leased assets acquired were not material in size or scope, and the carrying amounts of these assets approximated their fair values. The following table summariz es preliminary values of acquired intangible assets (dollars in thousands): Useful Life (Years) Estimated Fair Value (USD) Other Intangible Assets Trade name 3 $ 700 Developed technology 3 3,600 Customer relationships 9 7,300 Total other intangible assets $ 11,600 The fair value of intangible assets was determined by applying the income app roach. Other intangible assets acquired of approximately $11.6 million were comprised of customer relationships, developed technology and trade name. The fair value of customer relationships of approximately $7.3 million was determined by applying the income approach utilizing the excess earnings methodology using Level 3 inputs in the fair value hierarchy including a discount rate of 17%. The fair value of developed technology of approximately $3.6 million was determined by applying the income approach utilizing the relief from royalty methodology using Level 3 inputs with a royalty rate of 7.5% and a discount rate of 17%. The fair value of trade name of approximately $0.7 million was determined by applying the income approach utilizing the relief from royalty methodology using Level 3 inputs with a royalty rate of 2% and a discount rate of 17%. The financial results included in our Statements of Operations since the acquisition date and through June 30, 2022 reflected revenues of approximately $5.4 million and net loss of approximately $0.2 million. We incurred acquisition-related costs of approximately $0.2 million for the six months ended June 30, 2022. Intuicode Gaming Corporation On April 30, 2022 (the “Closing Date”), the Company acquired the stock of Intuicode Gaming Corporation (“Intuicode”), a privately owned game development and engineering firm focused on HHR games. The acquisition of Intuicode provides Everi with additional HHR expertise that will help the Company accelerate its growth in the expanding HHR market that will benefit the Games segment. Under the terms of the stock purchase agreement, we paid the seller $12.5 million on the Closing Date of the transaction and a net working capital payment of $1.6 million during the three months ended June 30, 2022. In addition, we expect to pay approximately $13.0 million in contingent consideration based upon the achievement of certain revenue targets on the first and second anniversaries of the Closing Date. We expect the total consideration for this acquisition, inclusive of contingent consideration, to be approximately $27.1 million. The acquisition did not have a significant impact on our results of operations or financial condition for the three and six months ended June 30, 2022. The total preliminary purchase consideration for Intuicode was as follows (in thousands, at fair value): Amount in USD Purchase consideration Cash consideration paid at closing $ 12,500 Cash consideration to be paid post-closing 1,595 Total cash consideration 14,095 Contingent consideration (at fair value) 12,150 Total purchase consideration $ 26,245 The fair value of the contingent consideration was based on Level 3 inputs utilizing a discounted cash flow methodology. The estimates and assumptions included projected future revenues of the acquired business and a discount rate of approximately 5%. Contingent consideration to be paid is comprised of a short-term component that is recorded in accounts payable and accrued expenses and a long-term component payable within two years recorded in other accrued expenses and liabilities of our Balance Sheets. The transaction was accounted for using the acquisition method of accounting, which requires, among other things, the assets acquired and liabilities assumed be recognized at their respective fair values as of the acquisition date. The excess of the purchase price over those fair values was recorded as goodwill, which will be amortized over a period of 15 years for tax purposes. Th e goodwill recognized is primarily attributable to the income potential from the expansion of our footprint in the gaming space by accelerating our entry into and growth in the expanding HHR market and business line, assembled workforce, among other strategic benefits. The estimates and assumptions used include the projected timing and amount of future cash flows and discount rates reflecting risk inherent in the future cash flows. The estimated fair values of assets acquired and liabilities assumed and resulting goodwill are subject to adjustment as the Company finalizes its purchase price accounting. The significant items for which a final fair value has not been determined include, but are not limited to: the valuation and estimated useful lives of intangible assets, deferred and unearned revenues, and deferred income taxes. We do not expect our fair value determinations to materially change; however, there may be differences between the amounts recorded at the Closing Date and the final fair value analysis, which we expect to complete no later than the second quarter of 2023. The information below reflects the preliminary amounts of identifiable assets acquired and liabilities assumed as of the closing date of the transaction (in thousands): Amount in USD Current assets $ 3,944 Property and equipment 157 Other intangible assets 18,600 Goodwill 10,422 Total Assets 33,123 Accounts payable and accrued expenses 2,407 Deferred tax liabilities 4,471 Total liabilities 6,878 Net assets acquired $ 26,245 Current assets acquired included approximately $2.1 million in cash. Trade receivables acquired of approximately $0.6 million were short-term in nature and considered to be collectible, and therefore, the carrying amounts of these assets represented their fair values. Inventory acquired of approximately $0.4 million consisted of raw materials and finished goods and was recorded at fair value based on the estimated net realizable value of these assets. Property, equipment, and leased assets acquired were not material in size or scope, and the carrying amounts of these assets approximated their fair values. The following table summarizes preliminary values of acquired intangible assets (dollars in thousands): Useful Life (Years) Estimated Fair Value (USD) Other Intangible Assets Trade name 10 $ 400 Developed technology 2 3,200 Customer relationships 9 15,000 Total other intangible assets $ 18,600 The fair value of intangible assets was determined by applying the income approach. Other intangible assets acquired of approximately $18.6 million were comprised of customer relationships, developed technology and trade name. The fair value of customer relationships of approximately $15.0 million was determined by applying the income approach utilizing the excess earnings methodology using Level 3 inputs in the hierarchy with a discount rate of 40%. The fair value of developed technology of approximately $3.2 million was determined by applying the income approach utilizing the relief from royalty methodology using Level 3 inputs with a royalty rate of 25% and a discount rate of 35%. The fair value of trade name of approximately $0.4 million was determined by applying the income approach utilizing the relief from royalty methodology using Level 3 inputs with a royalty rate of 1% and a discount rate of 40%. The financial results included in our Statements of Operations since the acquisition date and through June 30, 2022 reflected revenues of approximately $1.3 million and net income of approximately $0.2 million. We incurred acquisition-related costs of approximatel y $0.1 million for the three and six months ended June 30, 2022. Pro-forma financial information (unaudited) The unaudited pro forma financial data includes the historical operating results of the Company and the two acquired businesses prior to the acquisitions as if the transactions occurred on January 1, 2021. The unaudited pro forma results include increases to depreciation and amortization expense based on the purchased intangible assets and costs directly attributable to the acquisitions.The unaudited pro forma results do not purport to be indicative of results of operations as of the date hereof, for any period ended on the date hereof, or for any other future date or period; nor do they give effect to synergies, cost savings, fair market value adjustments and other changes expected as a result of the acquisitions.

FUNDING AGREEMENTS

FUNDING AGREEMENTS	6 Months Ended
	Jun. 30, 2022
A T M Funding Agreement Disclosure [Abstract]
FUNDING AGREEMENTS	FUNDING AGREEMENTS We have commercial arrangements with third-party vendors to provide cash for certain of our fund dispensing devices. For the use of these funds, we pay a usage fee on either the average daily balance of funds utilized multiplied by a contractually defined usage rate or the amounts supplied multiplied by a contractually defined usage rate. These fund usage fees, reflected as interest expense within the Statements of Operations, were approximately $1.7 million and $2.7 million for the three and six months ended June 30, 2022, respectively, and $0.9 million and $1.6 million for the three and six months ended June 30, 2021, respectively. We are exposed to interest rate risk to the extent that the applicable rates increase. Under these agreements, the currency supplied by third party vendors remains their sole property until the funds are dispensed. As these funds are not our assets, supplied cash is not reflected in our Balance Sheets. The outstanding balance of funds provided from the third parties were approximately $403.7 million and $401.8 million as of June 30, 2022 and December 31, 2021, respectively. Our primary commercial arrangement, the Contract Cash Solutions Agreement, as amended, is with Wells Fargo, N.A. (“Wells Fargo”). Wells Fargo provides us with cash up to $300 million with the ability to increase the amount as defined within the agreement or otherwise permitted by the vault cash provider. The term of the agreement expires on June 30, 2024 and will automatically renew for additional one-year periods unless either party provides a ninety-day written notice of its intent not to renew. We are responsible for losses of cash in the fund dispensing devices under this agreement, and we self-insure for this type of risk. There were no material losses for the three and six months ended June 30, 2022 and 2021.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
TRADE AND OTHER RECEIVABLES	TRADE AND OTHER RECEIVABLESTrade and other receivables represent short-term credit granted to customers and long-term loans receivable in connection with our Games and FinTech equipment and compliance products. Trade and loans receivables generally do not require collateral. The balance of trade and loans receivables consists of outstanding balances owed to us by gaming establishments. Other receivables include income tax receivables and other miscellaneous receivables. The balance of trade and other receivables consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Trade and other receivables, net Games trade and loans receivables $ 73,555 $ 77,053 FinTech trade and loans receivables 37,084 21,504 Contract assets (1) 16,325 15,221 Other receivables 1,958 3,695 Net investment in sales-type leases 801 1,331 Total trade and other receivables, net 129,723 118,804 Non-current portion of receivables Games trade and loans receivables 1,008 1,348 FinTech trade and loans receivables 15,017 7,340 Contract assets (1) 4,972 5,294 Total non-current portion of receivables 20,997 13,982 Total trade and other receivables, current portion $ 108,726 $ 104,822 (1) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for a discussion on the contract assets. Allowance for Credit Losses The activity in our allowance for credit losses for the six months ended June 30, 2022 and 2021 is as follows (in thousands): Six Months Ended June 30, 2022 2021 Beginning allowance for credit losses $ (5,161) $ (3,689) Provision (4,275) (3,806) Charge-offs and recoveries 4,152 2,705 Ending allowance for credit losses $ (5,284) $ (4,790)

INVENTORY

INVENTORY	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
INVENTORY	INVENTORY Our inventory primarily consists of component parts as well as work-in-progress and finished goods. The cost of inventory includes cost of materials, labor, overhead and freight, and is accounted for using the first in, first out method. The inventory is stated at the lower of cost or net realizable value. Inventory consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Inventory Component parts, net of reserves of $2,412 and $2,422 at June 30, 2022 and December 31, 2021, respectively $ 36,572 $ 22,490 Work-in-progress 4,081 554 Finished goods 8,510 6,189 Total inventory $ 49,163 $ 29,233

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	6 Months Ended
	Jun. 30, 2022
Prepaid Expense and Other Assets [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other assets include the balance of prepaid expenses, deposits, debt issuance costs on our New Revolver (as defined below), restricted cash, operating lease ROU assets, and other assets. The current portion of these assets is included in prepaid expenses and other current assets and the non-current portion is included in other assets, both of which are contained within the Balance Sheets. The balance of the current portion of prepaid expenses and other assets consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 21,601 $ 14,389 Deposits 13,602 7,709 Restricted cash (1) 1,369 1,616 Other 2,323 3,585 Total prepaid expenses and other current assets $ 38,895 $ 27,299 (1) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for discussion on the composition of the restricted cash balance. The balance of the non-current portion of other assets consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Other assets Operating lease ROU assets $ 19,044 $ 12,692 Prepaid expenses and deposits 8,042 4,789 Debt issuance costs of revolving credit facility 1,568 1,760 Other 291 418 Total other assets $ 28,945 $ 19,659

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Property and equipment consist of the following (dollars in thousands): At June 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-4 $ 263,215 $ 174,621 $ 88,594 $ 248,958 $ 166,075 $ 82,883 Rental pool - undeployed 2-4 30,016 23,724 6,292 23,284 18,285 4,999 FinTech equipment 1-5 33,711 22,730 10,981 32,802 21,257 11,545 Leasehold and building improvements Lease Term 12,668 9,963 2,705 12,598 9,234 3,364 Machinery, office, and other equipment 1-5 49,528 30,969 18,559 45,277 28,075 17,202 Total $ 389,138 $ 262,007 $ 127,131 $ 362,919 $ 242,926 $ 119,993 Depreciation expense related to property and equipment totaled approximately $15.7 million and $30.9 million for the three and six months ended June 30, 2022, respectively, and $15.9 million and $32.1 million for the three and six months ended June 30, 2021, respectively.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND OTHER INTANGIBLE ASSETS	GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired plus liabilities assumed arising from business combinations. The balance of goodwill was approximately $707.3 million and $682.7 million at June 30, 2022 and December 31, 2021, respectively. We have the following reporting units: (i) Games; (ii) Financial Access Services; (iii) Kiosk Sales and Services; (iv) Central Credit Services; (v) Compliance Sales and Services; and (vi) Loyalty Sales and Services. In accordance with ASC 350 (“Intangibles—Goodwill and Other”), we test goodwill at the reporting unit level, which is identified as an operating segment or one level below, for impairment on an annual basis and between annual tests if events and circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. We test our goodwill for impairment on October 1 each year, or more frequently if events or changes in circumstances indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step 0” assessment based on reviewing relevant events and circumstances or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using both an income approach that discounts future cash flows based on the estimated future results of our reporting units and a market approach that compares market multiples of comparable companies to determine whether or not any impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded. There w as no impair ment identified for our goodwill for the three and six months ended June 30, 2022 and 2021. Other Intangible Assets Other intangible assets consist of the following (dollars in thousands): At June 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Other intangible assets Contract rights under placement fee agreements 2-7 $ 59,384 $ 9,135 $ 50,249 $ 58,837 $ 4,237 $ 54,600 Customer relationships 3-14 325,024 219,344 105,680 303,238 206,273 96,965 Developed technology and software 1-6 371,758 293,410 78,348 342,309 280,412 61,897 Patents, trade names and other 2-18 21,591 19,756 1,835 20,547 19,415 1,132 Total $ 777,757 $ 541,645 $ 236,112 $ 724,931 $ 510,337 $ 214,594 Amortization expense related to other intangible assets was approximately $14.6 million and $28.3 million for the three and six months ended June 30, 2022, respectively, and $14.4 million and $29.1 million for the three and six months ended June 30, 2021, respectively. We evaluate our other intangible assets for potential impairment whenever events or changes in circumstances indicate that the carrying amount of an asset or asset group may not be recoverable. During the three and six months ended June 30, 2022 and 2021, there we re no m aterial write-downs of intangible assets.

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	ACCOUNTS PAYABLE AND ACCRUED EXPENSES The following table presents our accounts payable and accrued expenses (in thousands): At June 30, At December 31, 2022 2021 Accounts payable and accrued expenses Customer commissions payable $ 59,525 $ 57,515 Contract liabilities 48,569 36,238 Accounts payable - trade 36,006 25,453 Payroll and related expenses 20,678 29,125 Contingent consideration and acquisition-related liabilities 10,922 — Accrued interest 9,302 9,273 Operating lease liabilities 6,268 5,663 Financial access processing and related expenses 5,402 3,619 Accrued taxes 4,027 2,756 Repurchase of shares 3,039 — Other 4,462 4,291 Total accounts payable and accrued expenses $ 208,200 $ 173,933

LONG-TERM DEBT

LONG-TERM DEBT	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT The following table summarizes our outstanding indebtedness (dollars in thousands): Maturity Interest At June 30, At December 31, Date Rate 2022 2021 Long-term debt $600 million New Term Loan 2028 LIBOR+2.50% $ 595,500 $ 598,500 $125 million New Revolver 2026 LIBOR+2.50% — — Senior secured credit facilities 595,500 598,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 995,500 998,500 Debt issuance costs and discount (15,740) (16,975) Total debt after debt issuance costs and discount 979,760 981,525 Current portion of long-term debt (6,000) (6,000) Total long-term debt, net of current portion $ 973,760 $ 975,525 New Credit Facilities Our Senior Secured Credit Facilities consist of: (i) a seven-year $600 million senior secured term loan due 2028 issued at 99.75% of par (the “New Term Loan ” ); and (ii) a $125 million senior secured revolving credit facility due 2026, which was undrawn at closing (the “ New Revolver” and together with the New Term Loan, the “New Credit Facilities”). The Company, as borrower, entered into the credit agreement dated as of August 3, 2021 (the “Closing Date”), among the Company, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and a letter of credit issuer (the “New Credit Agreement”). The interest rate per annum applicable to the New Credit Facilities will be, at the Company’s option, either the Eurodollar rate with a 0.50% LIBOR floor plus a margin of 2.50% or the base rate plus a margin of 1.50%. The New Revolver is available for general corporate purposes, including permitted acquisitions, working capital and the issuance of letters of credit. Borrowings under the New Revolver are subject to the satisfaction of customary conditions, including the absence of defaults and the accuracy of representations and warranties. Our New Revolver remained fully undrawn as of June 30, 2022. The Company is required to make periodic payments on the New Term Loan in an amount equal to 0.25% per quarter of the initial aggregate principal, with the final principal repayment installment on the maturity date. Interest is due in arrears on each interest payment date applicable thereto and at such other times as may be specified in the New Credit Agreement. As to any loan other than a base rate loan, the interest payment dates shall be the last day of each interest period applicable to such loan and the maturity date (provided, however, that if any interest period for a Eurodollar Rate loan exceeds three months, the respective dates that fall every three months after the beginning of such interest period shall also be interest payment dates). As to any base rate loan, commencing on the last business day of December 2021, the interest payment dates shall be last business day of each of March, June, September and December and the maturity date. Voluntary prepayments of the New Term Loan and the New Revolver and voluntary reductions in the unused commitments are permitted in whole or in part, in minimum amounts as set forth in the New Credit Agreement governing the New Credit Facilities, with prior notice, and without premium or penalty, except that certain refinancings or repricings of the New Term Loan within six months after the Closing Date was subject to a prepayment premium of 1.00% of the principal amount repaid. The New Credit Agreement contains certain covenants that, among other things, limit the Company’s ability, and the ability of certain of its subsidiaries, to incur additional indebtedness, sell assets or consolidate or merge with or into other companies, pay dividends or repurchase or redeem capital stock, make certain investments, issue capital stock of subsidiaries, incur liens, prepay, redeem or repurchase subordinated debt, and enter into certain types of transactions with its affiliates. The New Credit Agreement also requires the Company, together with its subsidiaries, to comply with a maximum consolidated secured leverage ratio of 4.25:1.00 as of the measurement date. The weighted average interest rate on the New Term Loan was 3.21% and 3.11% for the three and six months ended June 30, 2022, respectively. Senior Unsecured Notes Our Senior Unsecured Notes (the “2021 USN”) had an outstanding balance of approximately $400.0 million as of June 30, 2022, for which interest accrues at a rate of 5.00% per annum and is payable semi-annually in arrears on each January 15 and July 15. Compliance with Debt Covenants

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES W e are involved in various legal proceedings in the ordinary course of our business. While we believe resolution of the claims brought against us, both individually and in the aggregate, will not have a material adverse impact on our financial condition or results of operations, litigation of this nature is inherently unpredictable. Our views on these legal proceedings, including those described below, may change in the future. We intend to vigorously defend against these actions, and ultimately believe we should prevail. Legal Contingencies We evaluate matters and record an accrual for legal contingencies when it is both probable that a liability has been incurred and the amount or range of the loss may be reasonably estimated. We evaluate legal contingencies at least quarterly and, as appropriate, establish new accruals or adjust existing accruals to reflect: (i) the facts and circumstances known to us at the time, including information regarding negotiations, settlements, rulings, and other relevant events and developments; (ii) the advice and analyses of counsel; and (iii) the assumptions and judgment of management. Legal costs associated with such proceedings are expensed as incurred. Due to the inherent uncertainty of legal proceedings as a result of the procedural, factual, and legal issues involved, the outcomes of our legal contingencies could result in losses in excess of amounts we have accrued. FACTA-related matter: Geraldine Donahue, et al. v. Everi Payments Inc., et al. (“Donahue”) is a putative class action matter filed on December 12, 2018, in the Circuit Court of Cook County, Illinois County Division, Chancery Division. The original defendant was dismissed and Everi Holdings and FinTech (the “Defendants”) were substituted as the defendants on April 22, 2019. The plaintiff, on behalf of herself and others similarly situated, alleges that Everi Holdings and Everi FinTech (i) have violated certain provisions of FACTA by their failure, as agent to the original defendant, to properly truncate patron credit card numbers when printing financial access receipts as required under FACTA, and (ii) have been unjustly enriched through the charging of service fees for transactions conducted at the original defendant’s facilities. The plaintiff sought an award of statutory damages, attorneys’ fees, and costs. The parties settled this matter on a nationwide class basis. On December 3, 2020, the court entered the Final Order and Judgment approving the settlement and dismissing all claims asserted against the Defendants with prejudice. Everi Holdings and Everi FinTech have paid all funds required pursuant to the settlement. Distributions were made to class members and remaining unclaimed funds were distributed to nonprofit charitable organizations in compliance with the court’s October 4, 2021 approval. Defense counsel for Everi Payments Inc. has asked the court provide a final closing order/entry as this matter is now closed. NRT matter: NRT Technology Corp., et al. v. Everi Holdings Inc., et al. is a civil action filed on April 30, 2019 against Everi Holdings and Everi FinTech in the United States District Court for the District of Delaware by NRT Technology Corp. and NRT Technology, Inc., alleging monopolization of the market for unmanned, integrated kiosks in violation of federal antitrust laws, fraudulent procurement of patents on functionality related to such unmanned, integrated kiosks and sham litigation related to prior litigation brought by Everi FinTech (operating as Global Cash Access Inc.) against the plaintiff entities. The plaintiffs are seeking compensatory damages, treble damages, and injunctive and declaratory relief. Discovery is closed and this case is currently set for trial on September 26, 2022. Due to the early stages of the litigation, we are currently unable to estimate the probability of the outcome of this matter or reasonably estimate the range of possible damages, if any. Zenergy Systems, LLC matter: Zenergy Systems, LLC v. Everi Payments Inc. is a civil action filed on May 29, 2020, against Everi FinTech in the United States District Court for the District of Nevada, Clark County by Zenergy Systems, LLC, alleging breach of contract, breach of a non-disclosure agreement, conversion, breach of the covenant of good faith and fair dealing, and breach of a confidential relationship related to a contract with Everi FinTech that expired in November 2019. The plaintiff is seeking compensatory and punitive damages. Everi FinTech has counterclaimed against Zenergy alleging breach of contract, breach of implied covenant of good faith and fair dealing, and for declaratory relief. The case is set for trial in February 2023. Due to the early stages of the litigation, we are currently unable to estimate the probability of the outcome of this matter or reasonably estimate the range of possible damages, if any. Sadie Saavedra matter: Sadie Saavedra, et al. v. Everi Payments Inc., et al. is a civil action filed on August 30, 2021, against Everi Holdings and Everi FinTech in the United States District Court, Central District of California (Western Division) by Sadie Saavedra, individually and on behalf of a class of similarly situated individuals, alleging violations of the Unfair Competition Law (California Business & Professions Code § 17200) and unjust enrichment. The plaintiffs allege that certain of Everi’s ATMs screen are deceptive and designed to maximize the number of transaction fees and mislead consumers into incurring fees for transactions. The plaintiffs are seeking restitution, injunctive relief and attorneys’ fees. On April 11, 2022, the Court entered an Order granting the Motion to Dismiss on behalf of Everi Holdings and Everi FinTech. The Plaintiff did not file a timely appeal, and as a result, this matter is closed. Sightline Payments matter: Sightline Payments LLC v. Everi Holdings Inc., et al. is a civil action filed on September 30, 2021, against Everi Holdings, Everi FinTech, Everi Games Holding Inc., and Everi Games (collectively referred here as “Everi”) in the United States District Court, Western District of Texas (Waco Division) by Sightline Payments LLC alleging patent infringement in violation of 35 U.S.C. § 271 et seq. The plaintiff’s complaint alleges that Everi’s CashClub Wallet product infringes on certain patents owned by the plaintiff. The plaintiff is seeking compensatory damages. Everi filed a Motion to Dismiss or Transfer for Lack of Venue. On June 1, 2022, the Court granted Everi’s Motion to Dismiss ruling that the Western District of Texas was not the proper venue for an action against Everi Fintech, Everi Holdings and Everi Games. The Court granted plaintiff 14 days to file an amended complaint as to Everi Games Holding Inc. Plaintiff did not file an amended complaint. On June 23, 2022, the plaintiff, Sightline Payments LLC, filed a Notice of Appeal of the Court’s Dismissal Order. We are in the early stages of litigation and currently unable to determine the probability of the outcome or estimate the range of reasonably possible loss, if any, in this matter. Due to the early stages of the litigation, we are currently unable to estimate the probability of the outcome of this matter or reasonably estimate the range of possible damages, if any. Mary Parrish matter: Mary Parrish v. Everi Holdings Inc., et al. is a civil action filed on December 28, 2021, against Everi Holdings and Everi FinTech in the District Court of Nevada, Clark County by Mary Parrish alleging violation of the Fair and Accurate Credit In addition, we have commitments with respect to certain lease obligations discussed in “Note 3 — Leases” and installment payments under our purchase agreements discussed in “Note 4 — Business Combinations.”

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	6 Months Ended
	Jun. 30, 2022
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY On May 4, 2022, our Board of Directors authorized and approved a new share repurchase program in an amount not to exceed $150.0 million pursuant to which we may purchase outstanding Company common stock in open market or privately negotiated transactions over a period of eighteen (18) months through November 4, 2023, in accordance with Company and regulatory policies and trading plans established in accordance with Rules 10b5-1 and 10b-18 of the Securities Exchange Act of 1934. The actual number of shares to be purchased will depend upon market conditions and is subject to available liquidity, general market and economic conditions, alternative uses for the capital and other factors. All shares purchased will be held in the Company’s treasury for possible future use. As of June 30, 2022, Everi had approximately 90.8 million shares issued and outstanding, net of 28.3 million shares held in the Company’s treasury. There is no minimum number of shares that the Company is required to repurchase, and the program may be suspended or discontinued at any time without prior notice. This new repurchase program supersedes and replaces, in its entirety, the previous share repurchase program. There were 2.0 million shares repurchased during the three months ended June 30, 2022 at an average price of $16.68 per share for an aggregate amount of $33.3 million. The remaining availability under the May 2022 $150.0 million share repurchase program was $116.7 million as of June 30, 2022. T here were no share repurchases during the three and six months ended June 30, 2021.

WEIGHTED AVERAGE SHARES OF COMM

WEIGHTED AVERAGE SHARES OF COMMON STOCK	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
WEIGHTED AVERAGE SHARES OF COMMON STOCK	WEIGHTED AVERAGE SHARES OF COMMON STOCK The weighted average number of common stock shares outstanding used in the computation of basic and diluted earnings per share is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Weighted average shares Weighted average number of common shares outstanding - basic 91,710 88,722 91,560 87,858 Potential dilution from equity awards (1) 6,996 11,308 7,689 11,146 Weighted average number of common shares outstanding - diluted (1) 98,706 100,030 99,249 99,004 (1) There were 0.5 million shares that were anti-dilutive under the treasury stock method for the three months ended June 30, 2022 and an immaterial number of shares that were anti-dilutive for the six months ended June 30, 2022 under the treasury stock method. There were no shares that were anti-dilutive under the treasury stock method for the three months ended June 30, 2021, and there were approximately 0.2 million shares of common stock that were anti-dilutive under the treasury stock method for the six months ended June 30, 2021.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION Equity Incentive Awards Generally, we grant the following types of awards: (i) restricted stock units with either time- or performance-based criteria; (ii) time-based options; and (iii) market-based options. We estimate forfeiture amounts based on historical patterns. A summary of award activity is as follows (in thousands): Stock Options Restricted Stock Units Outstanding, December 31, 2021 7,073 3,540 Granted — 1,240 Exercised options or vested shares (169) (1,944) Canceled or forfeited (25) (20) Outstanding, June 30, 2022 6,879 2,816

INCOME TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The income tax provision for the three and six months ended June 30, 2022, reflected an effective income tax rate of 23.0% and 23.3%, respectively, which was greater than the statutory federal rate of 21.0%, primarily due to state taxes, compensation deduction limitations and an accrual for a foreign withholding tax, partially offset by both a research credit and the benefit from stock option exercises. The income tax provision for the three and six months ended June 30, 2021 reflected an effective income tax rate of 1.1% and 2.7%, which was less than the statutory federal rate of 21.0%, primarily due to a decrease in our valuation allowance for our deferred tax assets and the benefit from stock option exercises . We have analyzed filing positions in all of the federal, state, and foreign jurisdictions where we are required to file income tax returns, as well as all open tax years in these jurisdictions. As of June 30, 2022, we recorded approximat ely $2.2 million o f unrecognized tax benefits, all of which would impact our effective tax rate, if recognized. We do not anticipate that our unrecognized tax benefits will materially change within the next 12 months. We have not accrued any penalties and interest for our unrecognized tax benefits. We may, from time to time, be assessed interest or penalties by tax jurisdictions, although any such assessments historically have been minimal and immaterial to our financial results. Our policy for recording interest and penalties associated with audits and unrecognized tax benefits is to record such items as a component of income tax in our Statements of Operations.

SEGMENT INFORMATION

SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Operating segments are components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision-making group (the “CODM”). Our CODM generally consists of the Chief Executive Officer and the Chief Financial Officer. Our CODM allocates resources and measures profitability based on our operating segments, which are managed and reviewed separately, as each represents products and services that can be sold separately to our customers. Our segments are monitored by management for performance against our internal forecasts. We have reported our financial performance based on our segments in both the current and prior periods. Our CODM determined that our operating segments for conducting business are: (i) Games and (ii) FinTech: • Everi Games primarily provides gaming operators with gaming technology products and services, including: (i) gaming machines, primarily comprising Class II and Class III and HHR slot machines placed under participation or fixed-fee lease arrangements or sold to casino customers; (ii) provision and maintenance of the central determinant systems for the VLTs installed in the State of New York and similar technology in certain tribal jurisdictions; and (iii) B2B digital online gaming activities. • Everi FinTech provides gaming operators with financial technology and entertainment products and services, including: (i) financial access and related services supporting digital, cashless and physical cash options across mobile, assisted and self-service channels; (ii) loyalty and marketing software and tools, RegTech software solutions, other information-related products and services, and hardware maintenance services; and (iii) associated casino patron self-service hardware that utilizes our financial access, software and other services. Corporate overhead expenses have been allocated to the segments either through specific identification or based on a reasonable methodology. In addition, we record depreciation and amortization expenses to the business segments. Our business is predominantly domestic with no specific regional concentrations and no significant assets in foreign locations. The following tables present segment information (in thousands)*: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Games Revenues Gaming operations $ 74,035 $ 73,220 $ 144,332 $ 131,361 Gaming equipment and systems 38,268 26,090 66,266 44,078 Gaming other 44 27 85 49 Total revenues 112,347 99,337 210,683 175,488 Costs and expenses Cost of revenues (1) Gaming operations 6,122 5,342 12,117 10,101 Gaming equipment and systems 23,394 15,248 40,176 25,555 Cost of revenues 29,516 20,590 52,293 35,656 Operating expenses 20,680 17,565 38,026 32,160 Research and development 9,467 5,854 17,097 11,521 Depreciation 13,334 14,064 26,315 28,627 Amortization 10,467 10,675 20,272 21,659 Total costs and expenses 83,464 68,748 154,003 129,623 Operating income $ 28,883 $ 30,589 $ 56,680 $ 45,865 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 FinTech Revenues Financial access services $ 50,876 $ 44,840 $ 100,755 $ 83,552 Software and other 18,997 15,604 36,864 32,850 Hardware 15,002 12,801 24,536 19,805 Total revenues 84,875 73,245 162,155 136,207 Costs and expenses Cost of revenues (1) Financial access services 2,470 1,560 4,645 3,033 Software and other 886 1,129 1,821 2,133 Hardware 10,362 7,670 16,303 11,698 Cost of revenues 13,718 10,359 22,769 16,864 Operating expenses 34,371 30,613 66,850 54,061 Research and development 4,597 2,912 9,486 5,658 Depreciation 2,344 1,867 4,583 3,481 Amortization 4,179 3,694 8,007 7,425 Total costs and expenses 59,209 49,445 111,695 87,489 Operating income $ 25,666 $ 23,800 $ 50,460 $ 48,718 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. At June 30, At December 31, 2022 2021 Total assets Games $ 943,045 $ 913,880 FinTech 680,958 721,770 Total assets $ 1,624,003 $ 1,635,650 Major Customers. No single customer accounted for more than 10% of our revenues for the three and six months ended June 30, 2022 and 2021. Our five largest customers accounted for approximately 15% and 14% of our revenues for the three and six months ended June 30, 2022, respectively, and 17% for the three and six months ended June 30, 2021, respectively.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTSAs of the filing date, we had not identified, and were not aware of, any subsequent event for the period.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our unaudited condensed consolidated financial statements included herein have been prepared by us pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Some of the information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) have been condensed or omitted pursuant to such rules and regulations, although we believe the disclosures are adequate to make the information presented not misleading. In the opinion of management, all adjustments (which include normal recurring adjustments) necessary for a fair statement of results for the interim periods have been made. The results for the three and six months ended June 30, 2022 are not necessarily indicative of results to be expected for the full fiscal year. The Financial Statements should be read in conjunction with the consolidated financial statements and notes thereto included in the most recently filed Annual Report.
Revenue Recognition	Revenue Recognition Overview We evaluate the recognition of revenue based on the criteria set forth in Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers and ASC 842 — Leases, as appropriate. We recognize revenue upon transferring control of goods or services to our customers in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We enter into contracts with customers that include various performance obligations consisting of goods, services, or combinations of goods and services. Timing of the transfer of control varies based on the nature of the contract. We recognize revenue net of any sales and other taxes collected from customers, which are subsequently remitted to governmental authorities and are not included in revenues or operating expenses. We measure revenue based on the consideration specified in a contract with a customer and adjusted, as necessary. Disaggregation of Revenues We disaggregate revenues based on the nature and timing of the cash flows generated by such revenues as presented in “Note 18 — Segment Information.” Contract Balances Since our contracts may include multiple performance obligations, there is often a timing difference between cash collections and the satisfaction of such performance obligations and revenue recognition. Such arrangements are evaluated to determine whether contract assets and liabilities exist. We generally record contract assets when the timing of billing differs from when revenue is recognized due to contracts containing specific performance obligations that are required to be met prior to a customer being invoiced. We generally record contract liabilities when cash is collected in advance of us satisfying performance obligations, including those that are satisfied over a period of time. Balances of our contract assets and contract liabilities may fluctuate due to timing of cash collections. The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2022 2021 Contract assets (1) Balance at January 1 - current $ 9,927 $ 9,240 Balance at January 1 - non-current 5,294 8,321 Total 15,221 17,561 Balance at June 30 - current 11,353 9,994 Balance at June 30 - non-current 4,972 7,252 Total 16,325 17,246 Increase (decrease) $ 1,104 $ (315) Contract liabilities (2) Balance at January 1 - current $ 36,238 $ 26,980 Balance at January 1 - non-current 377 289 Total 36,615 27,269 Balance at June 30 - current 48,569 30,694 Balance at June 30 - non-current 161 466 Total 48,730 31,160 Increase $ 12,115 $ 3,891 (1) The current portion of contract assets is included within trade and other receivables, net, and the non-current portion is included within other receivables in our Balance Sheets. (2) The current portion of contract liabilities is included within accounts payable and accrued expenses, and the non-current portion is included within other accrued expenses and liabilities in our Balance Sheets. We recognized approximately $21.1 million and $18.0 million in revenue that was included in the beginning contract liability balance during the six months ended June 30, 2022 and 2021, respectively. Games Revenues Our products and services include electronic gaming devices, such as Native American Class II offerings and other electronic bingo products, Class III slot machine offerings, HHR offerings, VLTs, B2B digital online gaming activities, accounting and central determinant systems, and other back office systems. We conduct our Games segment business based on results generated from the following major revenue streams: (i) Gaming Operations; (ii) Gaming Equipment and Systems; and (iii) Gaming Other. We recognize our Gaming Operations revenue based on criteria set forth in ASC 842 or ASC 606, as applicable. The amount of lease revenue included in our Gaming Operations revenues and recognized under ASC 842 was approximately $49.5 million and $96.6 million for the three and six months ended June 30, 2022, respectively, and $51.7 million and $92.5 million for the three and six months ended June 30, 2021, respectively. FinTech Revenues Our FinTech products and services include solutions that we offer to gaming establishments to provide their patrons with financial access and funds-based services supporting digital, cashless and physical cash options across mobile, assisted and self-service channels along with related loyalty and marketing tools, and other information-related products and services. In addition, our services operate as part of an end-to-end se curity suite to protect against cyber-related attacks and maintain the necessary secured environments to maintain compliance with applicable regulatory requirements. These solutions include: access to cash and cashless funding at gaming facilities via ATM debit withdrawals, credit card financial access transactions, and POS debit card purchases at casino cages, kiosk and mobile POS devices; accounts for the CashClub Wallet, check warranty services, self-service loyalty and fully integrated kiosk maintenance services; self-service loyalty tools and promotion management software; compliance, audit, and data software; casino credit data and reporting services; marketing and promotional offering subscription-based services; and other ancillary offerings. We conduct our FinTech segment business based on results generated from the following major revenue streams: (i) Financial Access Services; (ii) Software and Other; and (iii) Hardware. Hardware revenues are derived from the sale of our financial access and loyalty kiosks and related equipment and are accounted for under ASC 606, unless such transactions meet the definition of a sales type or direct financing lease, which are accounted for under ASC 842. We did not have any material financial access kiosk and related equipment sales contracts accounted for under ASC 842 during the three and six months ended June 30, 2022 and 2021.
Restricted Cash	Restricted CashOur restricted cash primarily consists of: (i) funds held in connection with certain customer agreements; (ii) funds held in connection with a sponsorship agreement; (iii) wide area progressive (“WAP”)-related restricted funds; and (iv) financial access activities related to cashless balances held on behalf of patrons.
Allowance for Credit Losses	Allowance for Credit Losses We continually evaluate the collectability of outstanding balances and maintain an allowance for credit losses related to our trade and other receivables and notes receivable that have been determined to have a high risk of uncollectability, which represents our best estimates of the current expected credit losses to be incurred in the future. To derive our estimates, we analyze historical collection trends and changes in our customer payment patterns, current and expected conditions and market trends along with our operating forecasts, concentration, and creditworthiness when evaluating the adequacy of our allowance for credit losses. In addition, with respect to our check warranty receivables, we are exposed to risk for the losses associated with warranted items that cannot be collected from patrons issuing these items. We evaluate the collectability of the outstanding balances and establish a reserve for the face amount of the current expected credit losses related to these receivables. Account balances are charged against the provision when the Company believes it is probable the receivable will not be recovered. The provision for doubtful accounts receivable is included within operating expenses and the check warranty loss reserves are included within financial access services cost of revenues in the Statements of Operations.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired plus liabilities assumed arising from business combinations. We test for impairment annually on a reporting unit basis, at the beginning of our fourth fiscal quarter and between annual tests if events and circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step 0” assessment based on reviewing relevant events and circumstances; or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using both an income approach that discounts future cash flows based on the estimated future results of our reporting units and a market approach that compares market multiples of comparable companies to determine whether an impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded.
Fair Values of Financial Instruments	Fair Values of Financial Instruments The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are made at a specific point in time, based upon relevant market information about the financial instrument.
Recent Accounting Guidance	Recently Adopted Accounting Guidance Standard Description Date of Adoption Effect on Financial Statements ASU 2021-05 , 'Leases (Topic 842): Lessors—Certain Leases with Variable Lease Payments This ASU amends the lease classification requirements for lessors to align them with practice under ASC Topic 840 January 1, 2022 The adoption of this ASU did not have a material effect on our Financial Statements or on our disclosures. Recent Accounting Guidance Not Yet Adopted As of June 30, 2022, we do not anticipate re cently issued accounting guidance to have a significant future impact on our consolidated financial statements.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Contract Asset and Liability	The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2022 2021 Contract assets (1) Balance at January 1 - current $ 9,927 $ 9,240 Balance at January 1 - non-current 5,294 8,321 Total 15,221 17,561 Balance at June 30 - current 11,353 9,994 Balance at June 30 - non-current 4,972 7,252 Total 16,325 17,246 Increase (decrease) $ 1,104 $ (315) Contract liabilities (2) Balance at January 1 - current $ 36,238 $ 26,980 Balance at January 1 - non-current 377 289 Total 36,615 27,269 Balance at June 30 - current 48,569 30,694 Balance at June 30 - non-current 161 466 Total 48,730 31,160 Increase $ 12,115 $ 3,891 (1) The current portion of contract assets is included within trade and other receivables, net, and the non-current portion is included within other receivables in our Balance Sheets. (2) The current portion of contract liabilities is included within accounts payable and accrued expenses, and the non-current portion is included within other accrued expenses and liabilities in our Balance Sheets.
Reconciliation of Cash, Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Balance Sheets that sum to the total of the same such amounts shown in the statement of cash flows for the six months ended June 30, 2022 (in thousands). Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 238,106 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 1,369 1,616 Restricted cash - non-current Other assets 101 101 Total $ 239,576 $ 303,726
Reconciliation of Cash, Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Balance Sheets that sum to the total of the same such amounts shown in the statement of cash flows for the six months ended June 30, 2022 (in thousands). Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 238,106 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 1,369 1,616 Restricted cash - non-current Other assets 101 101 Total $ 239,576 $ 303,726
Estimated Fair Value and Outstanding Balances of Borrowings	The estimated fair value and outstanding balances of our borrowings are as follows (dollars in thousands): Level of Hierarchy Fair Value Outstanding Balance June 30, 2022 $600 million New Term Loan 2 $ 571,561 $ 595,500 $400 million 2021 Unsecured Notes 2 $ 342,000 $ 400,000 December 31, 2021 $600 million New Term Loan 2 $ 598,171 $ 598,500 $400 million 2021 Unsecured Notes 2 $ 404,000 $ 400,000
Summary of Recent Accounting Guidance	Recently Adopted Accounting Guidance Standard Description Date of Adoption Effect on Financial Statements ASU 2021-05 , 'Leases (Topic 842): Lessors—Certain Leases with Variable Lease Payments This ASU amends the lease classification requirements for lessors to align them with practice under ASC Topic 840 January 1, 2022 The adoption of this ASU did not have a material effect on our Financial Statements or on our disclosures.

LEASES (Tables)

LEASES (Tables)	6 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Balance Sheet Information	Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 19,044 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,268 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 17,168 $ 11,869
Cash Flow Information	Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,642 $ 1,745 $ 3,310 $ 3,370 Short-term operating leases $ 398 $ 389 $ 807 $ 819 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 504 $ 667 $ 6,451 $ 667 (1) The amounts are presented net of current year terminations and exclude amortization for the period.
Lease Costs	Other information related to lease terms and discount rates is as follows: At June 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.81 3.52 Weighted Average Discount Rate: Operating leases 4.68 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,467 $ 1,456 $ 2,829 $ 2,916 Variable lease cost $ 364 $ 385 $ 643 $ 635
Payments Due	Maturities of lease liabilities are summarized as follows as of June 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the six months ended June 30, 2022) $ 3,462 2023 7,019 2024 6,420 2025 5,641 2026 2,137 Thereafter 967 Total future minimum lease payments 25,646 Less: Amount representing interest 2,210 Present value of future minimum lease payments 23,436 Less: Current operating lease obligations 6,268 Long-term lease obligations $ 17,168
Sales-type lease	Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At June 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 801 $ 1,331

Business Combinations and Asset

Business Combinations and Asset Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Total Purchase Consideration	The total preliminary purchase consideration for ecash was as follows (in thousands, at fair value): Amount in USD Purchase consideration Cash consideration paid at closing $ 14,980 Cash consideration to be paid post-closing 15,905 Total purchase consideration $ 30,885 The total preliminary purchase consideration for Intuicode was as follows (in thousands, at fair value): Amount in USD Purchase consideration Cash consideration paid at closing $ 12,500 Cash consideration to be paid post-closing 1,595 Total cash consideration 14,095 Contingent consideration (at fair value) 12,150 Total purchase consideration $ 26,245
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The information below reflects the amounts of identifiable assets acquired and liabilities assumed (in thousands): Amount in USD* Current assets $ 13,630 Property and equipment 1,218 Other intangible assets 11,600 Goodwill 11,081 Other assets 726 Total Assets 38,255 Accounts payable and accrued expenses 7,160 Other accrued expenses and liabilities 210 Total liabilities 7,370 Net assets acquired $ 30,885 _______________________ *R eflects a measurement period adjustment of approximately $0.4 million from the initial allocation as of the closing date of the transaction. The information below reflects the preliminary amounts of identifiable assets acquired and liabilities assumed as of the closing date of the transaction (in thousands): Amount in USD Current assets $ 3,944 Property and equipment 157 Other intangible assets 18,600 Goodwill 10,422 Total Assets 33,123 Accounts payable and accrued expenses 2,407 Deferred tax liabilities 4,471 Total liabilities 6,878 Net assets acquired $ 26,245
Asset Acquisition, Contingent Consideration	The following table summariz es preliminary values of acquired intangible assets (dollars in thousands): Useful Life (Years) Estimated Fair Value (USD) Other Intangible Assets Trade name 3 $ 700 Developed technology 3 3,600 Customer relationships 9 7,300 Total other intangible assets $ 11,600 The following table summarizes preliminary values of acquired intangible assets (dollars in thousands): Useful Life (Years) Estimated Fair Value (USD) Other Intangible Assets Trade name 10 $ 400 Developed technology 2 3,200 Customer relationships 9 15,000 Total other intangible assets $ 18,600

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	6 Months Ended
	Jun. 30, 2022
Receivables [Abstract]
Schedule of Components of Trade and Other Receivables	The balance of trade and other receivables consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Trade and other receivables, net Games trade and loans receivables $ 73,555 $ 77,053 FinTech trade and loans receivables 37,084 21,504 Contract assets (1) 16,325 15,221 Other receivables 1,958 3,695 Net investment in sales-type leases 801 1,331 Total trade and other receivables, net 129,723 118,804 Non-current portion of receivables Games trade and loans receivables 1,008 1,348 FinTech trade and loans receivables 15,017 7,340 Contract assets (1) 4,972 5,294 Total non-current portion of receivables 20,997 13,982 Total trade and other receivables, current portion $ 108,726 $ 104,822 (1) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for a discussion on the contract assets.
Activity in Allowance for Credit Losses	The activity in our allowance for credit losses for the six months ended June 30, 2022 and 2021 is as follows (in thousands): Six Months Ended June 30, 2022 2021 Beginning allowance for credit losses $ (5,161) $ (3,689) Provision (4,275) (3,806) Charge-offs and recoveries 4,152 2,705 Ending allowance for credit losses $ (5,284) $ (4,790)

INVENTORY (Tables)

INVENTORY (Tables)	6 Months Ended
	Jun. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Components of Inventory	Inventory consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Inventory Component parts, net of reserves of $2,412 and $2,422 at June 30, 2022 and December 31, 2021, respectively $ 36,572 $ 22,490 Work-in-progress 4,081 554 Finished goods 8,510 6,189 Total inventory $ 49,163 $ 29,233

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	6 Months Ended
	Jun. 30, 2022
Prepaid Expense and Other Assets [Abstract]
Schedule of Components of Current Portion of Prepaid and Other Assets	The balance of the current portion of prepaid expenses and other assets consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 21,601 $ 14,389 Deposits 13,602 7,709 Restricted cash (1) 1,369 1,616 Other 2,323 3,585 Total prepaid expenses and other current assets $ 38,895 $ 27,299 (1) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for discussion on the composition of the restricted cash balance.
Schedule of Components of Non-Current Portion of Prepaid and Other Assets	The balance of the non-current portion of other assets consisted of the following (in thousands): At June 30, At December 31, 2022 2021 Other assets Operating lease ROU assets $ 19,044 $ 12,692 Prepaid expenses and deposits 8,042 4,789 Debt issuance costs of revolving credit facility 1,568 1,760 Other 291 418 Total other assets $ 28,945 $ 19,659

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Components of Property, Equipment and Leased Assets	Property and equipment consist of the following (dollars in thousands): At June 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-4 $ 263,215 $ 174,621 $ 88,594 $ 248,958 $ 166,075 $ 82,883 Rental pool - undeployed 2-4 30,016 23,724 6,292 23,284 18,285 4,999 FinTech equipment 1-5 33,711 22,730 10,981 32,802 21,257 11,545 Leasehold and building improvements Lease Term 12,668 9,963 2,705 12,598 9,234 3,364 Machinery, office, and other equipment 1-5 49,528 30,969 18,559 45,277 28,075 17,202 Total $ 389,138 $ 262,007 $ 127,131 $ 362,919 $ 242,926 $ 119,993

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	6 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following (dollars in thousands): At June 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Other intangible assets Contract rights under placement fee agreements 2-7 $ 59,384 $ 9,135 $ 50,249 $ 58,837 $ 4,237 $ 54,600 Customer relationships 3-14 325,024 219,344 105,680 303,238 206,273 96,965 Developed technology and software 1-6 371,758 293,410 78,348 342,309 280,412 61,897 Patents, trade names and other 2-18 21,591 19,756 1,835 20,547 19,415 1,132 Total $ 777,757 $ 541,645 $ 236,112 $ 724,931 $ 510,337 $ 214,594

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2022
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The following table presents our accounts payable and accrued expenses (in thousands): At June 30, At December 31, 2022 2021 Accounts payable and accrued expenses Customer commissions payable $ 59,525 $ 57,515 Contract liabilities 48,569 36,238 Accounts payable - trade 36,006 25,453 Payroll and related expenses 20,678 29,125 Contingent consideration and acquisition-related liabilities 10,922 — Accrued interest 9,302 9,273 Operating lease liabilities 6,268 5,663 Financial access processing and related expenses 5,402 3,619 Accrued taxes 4,027 2,756 Repurchase of shares 3,039 — Other 4,462 4,291 Total accounts payable and accrued expenses $ 208,200 $ 173,933

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	6 Months Ended
	Jun. 30, 2022
Debt Disclosure [Abstract]
Schedule of Outstanding Indebtedness	The following table summarizes our outstanding indebtedness (dollars in thousands): Maturity Interest At June 30, At December 31, Date Rate 2022 2021 Long-term debt $600 million New Term Loan 2028 LIBOR+2.50% $ 595,500 $ 598,500 $125 million New Revolver 2026 LIBOR+2.50% — — Senior secured credit facilities 595,500 598,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 995,500 998,500 Debt issuance costs and discount (15,740) (16,975) Total debt after debt issuance costs and discount 979,760 981,525 Current portion of long-term debt (6,000) (6,000) Total long-term debt, net of current portion $ 973,760 $ 975,525

WEIGHTED AVERAGE SHARES OF CO_2

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Tables)	6 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of weighted average number of common shares outstanding used in computation of basic and diluted earnings per share	The weighted average number of common stock shares outstanding used in the computation of basic and diluted earnings per share is as follows (in thousands): Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Weighted average shares Weighted average number of common shares outstanding - basic 91,710 88,722 91,560 87,858 Potential dilution from equity awards (1) 6,996 11,308 7,689 11,146 Weighted average number of common shares outstanding - diluted (1) 98,706 100,030 99,249 99,004 (1) There were 0.5 million shares that were anti-dilutive under the treasury stock method for the three months ended June 30, 2022 and an immaterial number of shares that were anti-dilutive for the six months ended June 30, 2022 under the treasury stock method. There were no shares that were anti-dilutive under the treasury stock method for the three months ended June 30, 2021, and there were approximately 0.2 million shares of common stock that were anti-dilutive under the treasury stock method for the six months ended June 30, 2021.

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	6 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Summary of Award Activity	A summary of award activity is as follows (in thousands): Stock Options Restricted Stock Units Outstanding, December 31, 2021 7,073 3,540 Granted — 1,240 Exercised options or vested shares (169) (1,944) Canceled or forfeited (25) (20) Outstanding, June 30, 2022 6,879 2,816

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables present segment information (in thousands)*: Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Games Revenues Gaming operations $ 74,035 $ 73,220 $ 144,332 $ 131,361 Gaming equipment and systems 38,268 26,090 66,266 44,078 Gaming other 44 27 85 49 Total revenues 112,347 99,337 210,683 175,488 Costs and expenses Cost of revenues (1) Gaming operations 6,122 5,342 12,117 10,101 Gaming equipment and systems 23,394 15,248 40,176 25,555 Cost of revenues 29,516 20,590 52,293 35,656 Operating expenses 20,680 17,565 38,026 32,160 Research and development 9,467 5,854 17,097 11,521 Depreciation 13,334 14,064 26,315 28,627 Amortization 10,467 10,675 20,272 21,659 Total costs and expenses 83,464 68,748 154,003 129,623 Operating income $ 28,883 $ 30,589 $ 56,680 $ 45,865 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 FinTech Revenues Financial access services $ 50,876 $ 44,840 $ 100,755 $ 83,552 Software and other 18,997 15,604 36,864 32,850 Hardware 15,002 12,801 24,536 19,805 Total revenues 84,875 73,245 162,155 136,207 Costs and expenses Cost of revenues (1) Financial access services 2,470 1,560 4,645 3,033 Software and other 886 1,129 1,821 2,133 Hardware 10,362 7,670 16,303 11,698 Cost of revenues 13,718 10,359 22,769 16,864 Operating expenses 34,371 30,613 66,850 54,061 Research and development 4,597 2,912 9,486 5,658 Depreciation 2,344 1,867 4,583 3,481 Amortization 4,179 3,694 8,007 7,425 Total costs and expenses 59,209 49,445 111,695 87,489 Operating income $ 25,666 $ 23,800 $ 50,460 $ 48,718 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. At June 30, At December 31, 2022 2021 Total assets Games $ 943,045 $ 913,880 FinTech 680,958 721,770 Total assets $ 1,624,003 $ 1,635,650

BUSINESS - Narrative (Details)

BUSINESS - Narrative (Details)	6 Months Ended
	Jun. 30, 2022 segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of business segments	2

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Contract Asset and Liability (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Contract assets
Contract assets, current	$ 11,353	$ 9,994	$ 9,927	$ 9,240
Contract assets, noncurrent	4,972	7,252	5,294	8,321
Total	16,325	17,246	15,221	17,561
Increase (decrease)	1,104	(315)
Contract liabilities
Contract liabilities, current	48,569	30,694	36,238	26,980
Contract liabilities, noncurrent	161	466	377	289
Total	48,730	31,160	$ 36,615	$ 27,269
Increase	$ 12,115	$ 3,891

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Contract with customer liability			$ 21,100	$ 18,000
Total revenues	$ 197,222	$ 172,582	$ 372,838	311,695
Contractual terms of trade and loans receivable			12 months		12 months
Games
Disaggregation of Revenue [Line Items]
Total revenues	112,347	99,337	$ 210,683	175,488
Games | Gaming operations, leased equipment
Disaggregation of Revenue [Line Items]
Total revenues	$ 49,500	$ 51,700	$ 96,600	$ 92,500

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Cash (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 238,106	$ 302,009
Restricted cash - current	1,369	1,616
Total	239,576	303,726	$ 341,310	$ 252,349
Cash and Cash Equivalents
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	238,106	302,009
Prepaid Expenses and Other Current Assets
Cash and Cash Equivalents [Line Items]
Restricted cash - current	1,369	1,616
Other Assets
Cash and Cash Equivalents [Line Items]
Restricted cash - non-current	$ 101	$ 101

BASIS OF PRESENTATION AND SUM_7

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Fair Value and Outstanding Balances of Borrowings (Details) - USD ($)	Jun. 30, 2022	Dec. 31, 2021	Aug. 03, 2021	Dec. 31, 2019
Senior secured notes | New Revolver
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Principal amount of debt	$ 600,000,000	$ 600,000,000	$ 600,000,000
Senior unsecured notes | 2021 Unsecured Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Principal amount of debt	400,000,000	400,000,000		$ 400,000,000
Fair Value | Level 2 | Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	571,561,000	598,171,000
Fair Value | Level 2 | Incremental Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	342,000,000	404,000,000
Outstanding Balance | Level 2 | Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	595,500,000	598,500,000
Outstanding Balance | Level 2 | Incremental Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	$ 400,000,000	$ 400,000,000

LEASES - Narrative (Details)

LEASES - Narrative (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Sales-type lease, revenue	$ 0	$ 0
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	10 years

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating lease ROU assets	$ 19,044	$ 12,692
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accounts payable and accrued expenses	Accounts payable and accrued expenses
Current operating lease liabilities	$ 6,268	$ 5,663
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	Other accrued expenses and liabilities	Other accrued expenses and liabilities
Non-current operating lease liabilities	$ 17,168	$ 11,869

LEASES - Cash Flow Information

LEASES - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Cash paid for:
Long-term operating leases	$ 1,642	$ 1,745	$ 3,310	$ 3,370
Short-term operating leases	398	389	807	819
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 504	$ 667	$ 6,451	$ 667

LEASES - Lease Costs (Details)

LEASES - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Weighted average remaining lease term, operating leases	3 years 9 months 21 days		3 years 9 months 21 days		3 years 6 months 7 days
Weighted average discount rate, operating leases	4.68%		4.68%		5.04%
Operating lease cost	$ 1,467	$ 1,456	$ 2,829	$ 2,916
Variable lease cost	$ 364	$ 385	$ 643	$ 635

LEASES - Payments Due (Details)

LEASES - Payments Due (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Amount
2022 (excluding the six months ended June 30, 2022)	$ 3,462
2023	7,019
2024	6,420
2025	5,641
2026	2,137
Thereafter	967
Total future minimum lease payments	25,646
Less: Amount representing interest	2,210
Present value of future minimum lease payments	23,436
Current operating lease liabilities	6,268	$ 5,663
Long-term lease obligations	$ 17,168	$ 11,869

LEASES - Sales-type lease (Deta

LEASES - Sales-type lease (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Net investment in sales-type leases - current	$ 801	$ 1,331

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) $ in Thousands, $ in Thousands				3 Months Ended		4 Months Ended	6 Months Ended
	Apr. 30, 2022 USD ($)	Mar. 01, 2022 AUD ($)	Mar. 01, 2022 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($) business	Jun. 30, 2021 USD ($)
Business Acquisition [Line Items]
Number of acquired businesses | business							2
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Cash consideration paid at closing		$ 20,000	$ 14,980
Contingent consideration			10,000
Payments for excess net working capital		$ 8,700	$ 6,000
Cash payments, noncurrent, payment period		2 years	2 years
Goodwill, amortization period							15 years
Adjustment assets							$ 400
Cash				$ 2,800		$ 2,800	2,800
Trade receivables				5,700		5,700	5,700
Inventory				$ 5,000		5,000	5,000
Revenue since acquisition date						5,400
Net loss since acquisition date						$ 200
Transaction costs							$ 200
Cash consideration to be paid post-closing			$ 15,905
Business combination, consideration transferred			$ 30,885
ecash Holdings Pty Limited | Trade name | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.17		0.17	0.17
ecash Holdings Pty Limited | Trade name | Measurement Input, Royalty Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.02		0.02	0.02
ecash Holdings Pty Limited | Developed technology | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.17		0.17	0.17
ecash Holdings Pty Limited | Developed technology | Measurement Input, Royalty Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.075		0.075	0.075
ecash Holdings Pty Limited | Customer relationships | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.17		0.17	0.17
ecash Holdings Pty Limited | Tranche One
Business Acquisition [Line Items]
Contingent consideration		$ 6,500
Contingent consideration, period since closing		1 year	1 year
ecash Holdings Pty Limited | Tranche Two
Business Acquisition [Line Items]
Contingent consideration		$ 6,500
Contingent consideration, period since closing		2 years	2 years
Intuicode
Business Acquisition [Line Items]
Cash consideration paid at closing	$ 12,500
Cash payments, noncurrent, payment period	2 years
Goodwill, amortization period							15 years
Cash				$ 2,100		$ 2,100	$ 2,100
Trade receivables				600		600	600
Inventory				400		400	400
Revenue since acquisition date						1,300
Net loss since acquisition date						$ 200
Transaction costs				100			$ 100
Cash consideration to be paid post-closing				1,600
Business combination, contingent consideration, earn-out liability	$ 13,000
Business combination, consideration transferred	$ 26,245			$ 27,100
Intuicode | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Acquired business discount rate				0.05		0.05	0.05
Intuicode | Trade name | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.40		0.40	0.40
Intuicode | Trade name | Measurement Input, Royalty Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.01		0.01	0.01
Intuicode | Developed technology | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.35		0.35	0.35
Intuicode | Developed technology | Measurement Input, Royalty Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.25		0.25	0.25
Intuicode | Customer relationships | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.40		0.40	0.40
ecash Holdings Pty Limited and Intuicode Gaming Corporation
Business Acquisition [Line Items]
Pro forma revenue				$ 198,200	$ 180,300		$ 382,900	$ 329,200
Pro forma net income (loss)				$ 31,300	$ 36,700		$ 63,800	$ 58,100

BUSINESS COMBINATIONS - Summary

BUSINESS COMBINATIONS - Summary of Total Purchase Consideration (Details) $ in Thousands, $ in Millions				3 Months Ended
	Apr. 30, 2022 USD ($)	Mar. 01, 2022 AUD ($)	Mar. 01, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Acquisition [Line Items]
Contingent consideration (at fair value)				$ 10,922	$ 0
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Cash consideration paid at closing		$ 20	$ 14,980
Cash consideration to be paid post-closing			15,905
Total purchase consideration			$ 30,885
Intuicode
Business Acquisition [Line Items]
Cash consideration paid at closing	$ 12,500
Cash consideration to be paid post-closing				1,600
Cash consideration to be paid post-closing	1,595
Total cash consideration	14,095
Contingent consideration (at fair value)	12,150
Total purchase consideration	$ 26,245			$ 27,100

BUSINESS COMBINATIONS - Summa_2

BUSINESS COMBINATIONS - Summary of Identifiable Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Mar. 01, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill	$ 707,258		$ 682,663
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Current assets		$ 13,630
Property and equipment		1,218
Other intangible assets	11,600	11,600
Goodwill		11,081
Other assets		726
Total Assets		38,255
Accounts payable and accrued expenses		7,160
Other accrued expenses and liabilities		210
Total liabilities		7,370
Net assets acquired		$ 30,885
Intuicode
Business Acquisition [Line Items]
Current assets	3,944
Property and equipment	157
Other intangible assets	18,600
Goodwill	10,422
Total Assets	33,123
Accounts payable and accrued expenses	2,407
Deferred tax liabilities	4,471
Total liabilities	6,878
Net assets acquired	$ 26,245

BUSINESS COMBINATIONS - Summa_3

BUSINESS COMBINATIONS - Summary of Acquired Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Mar. 01, 2022
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Other intangible assets	$ 11,600	$ 11,600
Intuicode
Business Acquisition [Line Items]
Other intangible assets	$ 18,600
Trade name | ecash Holdings Pty Limited
Business Acquisition [Line Items]
Useful Life (Years)	3 years
Other intangible assets	$ 700
Trade name | Intuicode
Business Acquisition [Line Items]
Useful Life (Years)	10 years
Other intangible assets	$ 400
Developed technology | ecash Holdings Pty Limited
Business Acquisition [Line Items]
Useful Life (Years)	3 years
Other intangible assets	$ 3,600
Developed technology | Intuicode
Business Acquisition [Line Items]
Useful Life (Years)	2 years
Other intangible assets	$ 3,200
Customer relationships | ecash Holdings Pty Limited
Business Acquisition [Line Items]
Useful Life (Years)	9 years
Other intangible assets	$ 7,300
Customer relationships | Intuicode
Business Acquisition [Line Items]
Useful Life (Years)	9 years
Other intangible assets	$ 15,000

FUNDING AGREEMENTS (Details)

FUNDING AGREEMENTS (Details) - Indemnification Guarantee - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Contract Cash Solutions Agreement
Funding Agreements
Cash usage fees incurred	$ 1,700,000	$ 900,000	$ 2,700,000	$ 1,600,000
Outstanding balance	403,700,000		403,700,000		$ 401,800,000
Contract Cash Solutions Agreement, as amended
Funding Agreements
Maximum amount	$ 300,000,000		$ 300,000,000
Renewal period			1 year
Guarantor obligations, non-renewal notice period			90 days

TRADE AND OTHER RECEIVABLES - B

TRADE AND OTHER RECEIVABLES - Balance of Trade and Other Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Trade and other receivables, net
Contract assets	$ 16,325	$ 15,221
Other receivables	1,958	3,695
Net investment in sales-type leases	801	1,331
Total trade and other receivables, net	129,723	118,804
Non-current portion of receivables	20,997	13,982
Contract assets	4,972	5,294
Total trade and other receivables, current portion	108,726	104,822
Gaming operations
Trade and other receivables, net
Trade receivables, net	73,555	77,053
Non-current portion of receivables	1,008	1,348
FinTech
Trade and other receivables, net
Trade receivables, net	37,084	21,504
Non-current portion of receivables	$ 15,017	$ 7,340

TRADE AND OTHER RECEIVABLES - A

TRADE AND OTHER RECEIVABLES - Allowance for Credit Losses (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning allowance for credit losses	$ (5,161)	$ (3,689)
Provision	(4,275)	(3,806)
Charge-offs and recoveries	4,152	2,705
Ending allowance for credit losses	$ (5,284)	$ (4,790)

INVENTORY (Details)

INVENTORY (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Inventory
Component parts, net of reserves of $2,412 and $2,422 at June 30, 2022 and December 31, 2021, respectively	$ 36,572	$ 22,490
Work-in-progress	4,081	554
Finished goods	8,510	6,189
Total inventory	49,163	29,233
Component parts, reserves	$ 2,412	$ 2,422

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Prepaid expenses and other current assets
Prepaid expenses	$ 21,601	$ 14,389
Deposits	13,602	7,709
Restricted cash	1,369	1,616
Other	2,323	3,585
Total prepaid expenses and other current assets	38,895	27,299
Other assets
Operating lease ROU assets	19,044	12,692
Prepaid expenses and deposits	8,042	4,789
Debt issuance costs of revolving credit facility	1,568	1,760
Other	291	418
Total other assets	$ 28,945	$ 19,659

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Cost	$ 389,138		$ 389,138		$ 362,919
Accumulated Depreciation	262,007		262,007		242,926
Net Book Value	127,131		127,131		119,993
Depreciation	15,678	$ 15,931	30,898	$ 32,108
FinTech
Property, Plant and Equipment [Line Items]
Depreciation	2,344	$ 1,867	4,583	$ 3,481
Rental pool - deployed
Property, Plant and Equipment [Line Items]
Cost	263,215		263,215		248,958
Accumulated Depreciation	174,621		174,621		166,075
Net Book Value	88,594		$ 88,594		82,883
Rental pool - deployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			2 years
Rental pool - deployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			4 years
Rental pool - undeployed
Property, Plant and Equipment [Line Items]
Cost	30,016		$ 30,016		23,284
Accumulated Depreciation	23,724		23,724		18,285
Net Book Value	6,292		$ 6,292		4,999
Rental pool - undeployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			2 years
Rental pool - undeployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			4 years
Machinery, office, and other equipment
Property, Plant and Equipment [Line Items]
Cost	49,528		$ 49,528		45,277
Accumulated Depreciation	30,969		30,969		28,075
Net Book Value	18,559		18,559		17,202
Machinery, office, and other equipment | FinTech
Property, Plant and Equipment [Line Items]
Cost	33,711		33,711		32,802
Accumulated Depreciation	22,730		22,730		21,257
Net Book Value	10,981		$ 10,981		11,545
Machinery, office, and other equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			1 year
Machinery, office, and other equipment | Minimum | FinTech
Property, Plant and Equipment [Line Items]
Useful Life (Years)			1 year
Machinery, office, and other equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)			5 years
Machinery, office, and other equipment | Maximum | FinTech
Property, Plant and Equipment [Line Items]
Useful Life (Years)			5 years
Leasehold and building improvements
Property, Plant and Equipment [Line Items]
Cost	12,668		$ 12,668		12,598
Accumulated Depreciation	9,963		9,963		9,234
Net Book Value	$ 2,705		$ 2,705		$ 3,364

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 707,258,000		$ 707,258,000		$ 682,663,000
Impairment of goodwill	0	$ 0	0	$ 0
Amortization of intangible assets	14,600,000	14,400,000	28,300,000	29,100,000
Impairment of intangible assets	$ 0	$ 0	$ 0	$ 0

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Other Intangible Assets (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Cost	$ 777,757	$ 724,931
Accumulated Amortization	541,645	510,337
Net Book Value	236,112	214,594
Contract rights under placement fee agreements
Finite-Lived Intangible Assets [Line Items]
Cost	59,384	58,837
Accumulated Amortization	9,135	4,237
Net Book Value	$ 50,249	54,600
Contract rights under placement fee agreements | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years
Contract rights under placement fee agreements | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	7 years
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost	$ 325,024	303,238
Accumulated Amortization	219,344	206,273
Net Book Value	$ 105,680	96,965
Customer relationships | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	3 years
Customer relationships | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	14 years
Developed technology and software
Finite-Lived Intangible Assets [Line Items]
Cost	$ 371,758	342,309
Accumulated Amortization	293,410	280,412
Net Book Value	$ 78,348	61,897
Developed technology and software | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	1 year
Developed technology and software | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	6 years
Patents, trade names and other
Finite-Lived Intangible Assets [Line Items]
Cost	$ 21,591	20,547
Accumulated Amortization	19,756	19,415
Net Book Value	$ 1,835	$ 1,132
Patents, trade names and other | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years
Patents, trade names and other | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	18 years

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Customer commissions payable	$ 59,525	$ 57,515
Contract liabilities	48,569	36,238	$ 30,694	$ 26,980
Accounts payable - trade	36,006	25,453
Payroll and related expenses	20,678	29,125
Contingent consideration and acquisition-related liabilities	10,922	0
Accrued interest	9,302	9,273
Operating lease liabilities	6,268	5,663
Financial access processing and related expenses	5,402	3,619
Accrued taxes	4,027	2,756
Repurchase of shares	3,039	0
Other	4,462	4,291
Total accounts payable and accrued expenses	$ 208,200	$ 173,933

LONG-TERM DEBT - Summary of Ind

LONG-TERM DEBT - Summary of Indebtedness (Details) - USD ($)	6 Months Ended
	Jun. 30, 2022	Dec. 31, 2021	Aug. 03, 2021	Dec. 31, 2019
Debt Instrument [Line Items]
Total debt	$ 995,500,000	$ 998,500,000
Debt issuance costs and discount	(15,740,000)	(16,975,000)
Total debt after debt issuance costs and discount	979,760,000	981,525,000
Current portion of long-term debt	(6,000,000)	(6,000,000)
Total long-term debt, net of current portion	973,760,000	975,525,000
Senior secured notes | New Revolver
Debt Instrument [Line Items]
Principal amount of debt	$ 600,000,000	600,000,000	$ 600,000,000
Senior secured notes | New Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread	2.50%
Revolving credit facility | New Revolver
Debt Instrument [Line Items]
Total debt	$ 0	0
Principal amount of debt			$ 125,000,000
Revolving credit facility | New Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread	2.50%
Senior secured notes
Debt Instrument [Line Items]
Total debt	$ 595,500,000	598,500,000
Senior secured notes | Senior secured notes | New Revolver
Debt Instrument [Line Items]
Total debt	595,500,000	598,500,000
Senior unsecured notes | 2021 Unsecured Notes
Debt Instrument [Line Items]
Total debt	400,000,000	400,000,000
Principal amount of debt	$ 400,000,000	$ 400,000,000		$ 400,000,000
Interest rate	5%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)		3 Months Ended	6 Months Ended
	Aug. 03, 2021 USD ($)	Jun. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Senior unsecured notes | FinTech Segment
Debt Instrument [Line Items]
Principal amount of debt		$ 400,000,000	$ 400,000,000
New Credit Facilities | Eurodollar
Debt Instrument [Line Items]
Basis spread	0.50%
New Credit Facilities | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread	2.50%
New Credit Facilities | Base Rate
Debt Instrument [Line Items]
Basis spread	1.50%
Credit Agreement Dated May 9, 2017
Debt Instrument [Line Items]
Leverage ratio, maximum		4.25	4.25
2017 Unsecured Notes | Senior unsecured notes
Debt Instrument [Line Items]
Interest rate		5%	5%
Senior secured notes | New Revolver
Debt Instrument [Line Items]
Debt term	7 years
Principal amount of debt	$ 600,000,000	$ 600,000,000	$ 600,000,000	$ 600,000,000
Percentage of par amount issued	0.9975
Senior secured notes | New Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread			2.50%
Revolving credit facility | New Revolver
Debt Instrument [Line Items]
Principal amount of debt	$ 125,000,000
Maximum borrowing capacity	$ 125,000,000
Periodic payment, percentage of principal			0.0025
Period for prepayment premium from closing date			6 months
Prepayment penalty, percentage of principal amount repaid			1%
Revolving credit facility | New Revolver | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread			2.50%
Incremental Term Loan | Incremental Term Loan Credit Agreement April 21, 2020
Debt Instrument [Line Items]
Weighted average interest rate during period		3.21%	3.11%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	May 04, 2022	Dec. 31, 2021
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount					$ 150,000,000
Stock repurchase program, period in force			18 months
Common stock outstanding (in shares)	90,761,000		90,761,000			91,313,000
Treasury stock (in shares)	28,348,000		28,348,000			25,683,000
Treasury stock, shares, acquired		0	2,000,000	0
Repurchase of shares	$ 33,336,000		$ 33,300,000
Stock repurchase program, remaining authorized repurchase amount	$ 116,700,000		$ 116,700,000
Treasury Stock Acquired, Average Cost Per Share			$ 16.68

WEIGHTED AVERAGE SHARES OF CO_3

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Weighted average shares
Weighted average number of common shares outstanding - basic (in shares)	91,710,000	88,722,000	91,560,000	87,858,000
Potential dilution from equity awards (in shares)	6,996,000	11,308,000	7,689,000	11,146,000
Weighted average number of common shares outstanding - diluted (in shares)	98,706,000	100,030,000	99,249,000	99,004,000
Anti-dilutive equity awards excluded from computation of earnings per share (in shares)	500,000	0	0	200,000

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) - shares shares in Thousands	6 Months Ended
	Jun. 30, 2022
Stock Options
Stock Options
Outstanding (in shares)	7,073
Granted (in shares)	0
Exercised options (in shares)	(169)
Canceled or forfeited (in shares)	(25)
Outstanding (in shares)	6,879
Restricted Stock Units
Restricted Stock Units
Outstanding (in shares)	3,540
Granted (in shares)	1,240
Vested (in shares)	(1,944)
Canceled or forfeited (in shares)	(20)
Outstanding (in shares)	2,816
Common Stock
Restricted Stock Units
Number of shares available for grant (in shares)	3,900

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	23%	1.10%	23.30%	2.70%
Statutory federal rate			21%	21%
Unrecognized tax benefits	$ 2.2		$ 2.2

SEGMENT INFORMATION - Revenues,

SEGMENT INFORMATION - Revenues, Operating Income, and Assets (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2022	Jun. 30, 2021	Dec. 31, 2021
Revenues
Total revenues	$ 197,222		$ 172,582		$ 372,838	$ 311,695
Costs and expenses
Operating expenses	55,051		48,178		104,876	86,221
Research and development	14,064		8,766		26,583	17,179
Depreciation	15,678		15,931		30,898	32,108
Amortization	14,646		14,369		28,279	29,084
Total costs and expenses	142,673		118,193		265,698	217,112
Operating income	54,549		54,389		107,140	94,583
Total assets
Total assets	1,624,003				1,624,003		$ 1,635,650
Games
Revenues
Total revenues	112,347		99,337		210,683	175,488
Costs and expenses
Cost of revenues	29,516	[1]	20,590	[1]	52,293	35,656
Operating expenses	20,680		17,565		38,026	32,160
Research and development	9,467		5,854		17,097	11,521
Depreciation	13,334		14,064		26,315	28,627
Amortization	10,467		10,675		20,272	21,659
Total costs and expenses	83,464		68,748		154,003	129,623
Operating income	28,883		30,589		56,680	45,865
Total assets
Total assets	943,045				943,045		913,880
Games | Gaming operations
Revenues
Total revenues	74,035		73,220		144,332	131,361
Costs and expenses
Cost of revenues	6,122	[1]	5,342	[1]	12,117	10,101
Games | Gaming equipment and systems
Revenues
Total revenues	38,268		26,090		66,266	44,078
Costs and expenses
Cost of revenues	23,394	[1]	15,248	[1]	40,176	25,555
Games | Gaming other
Revenues
Total revenues	44		27		85	49
FinTech
Revenues
Total revenues	84,875		73,245		162,155	136,207
Costs and expenses
Cost of revenues	13,718	[1]	10,359	[1]	22,769	16,864
Operating expenses	34,371		30,613		66,850	54,061
Research and development	4,597		2,912		9,486	5,658
Depreciation	2,344		1,867		4,583	3,481
Amortization	4,179		3,694		8,007	7,425
Total costs and expenses	59,209		49,445		111,695	87,489
Operating income	25,666		23,800		50,460	48,718
Total assets
Total assets	680,958				680,958		$ 721,770
FinTech | Financial access services
Revenues
Total revenues	50,876		44,840		100,755	83,552
Costs and expenses
Cost of revenues	2,470	[1]	1,560	[1]	4,645	3,033
FinTech | Software and other
Revenues
Total revenues	18,997		15,604		36,864	32,850
Costs and expenses
Cost of revenues	886	[1]	1,129	[1]	1,821	2,133
FinTech | Hardware
Revenues
Total revenues	15,002		12,801		24,536	19,805
Costs and expenses
Cost of revenues	$ 10,362	[1]	$ 7,670	[1]	$ 16,303	$ 11,698
[1](1) Exclusive of depreciation and amortization.

SEGMENT INFORMATION - Major Cus

SEGMENT INFORMATION - Major Customers (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2022	Jun. 30, 2021
Five largest customers | Customer risk | Revenue from Contract with Customer
Revenue, Major Customer [Line Items]
Concentration risk, percentage	15%	17%	14%	17%