Everi (EVRI) 10-Q 7 Nov 22 2022 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2022	Nov. 03, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 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		89,466,734
Entity Central Index Key	0001318568
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	Q3

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Revenues
Total revenues		$ 204,318	$ 168,302	$ 577,156	$ 479,997
Costs and expenses
Operating expenses		56,354	47,121	161,230	133,320
Research and development		16,803	9,598	43,386	26,799
Depreciation		17,444	14,463	48,342	46,571
Amortization		15,303	14,596	43,582	43,680
Total costs and expenses		149,700	113,229	415,398	330,341
Operating income		54,618	55,073	161,758	149,656
Other expenses
Interest expense, net of interest income		14,880	14,257	38,522	50,488
Loss on extinguishment of debt		0	34,389	0	34,389
Total other expenses		14,880	48,646	38,522	84,877
Income before income tax		39,738	6,427	123,236	64,779
Income tax provision (benefit)		10,329	(319)	29,784	1,285
Net income		29,409	6,746	93,452	63,494
Foreign currency translation loss		(2,639)	(442)	(4,665)	(335)
Comprehensive income		$ 26,770	$ 6,304	$ 88,787	$ 63,159
Earnings per share
Basic (in dollars per share)		$ 0.33	$ 0.07	$ 1.03	$ 0.72
Diluted (in dollars per share)		$ 0.30	$ 0.07	$ 0.95	$ 0.64
Weighted average common shares outstanding
Basic (in shares)		90,014	90,322	91,039	88,688
Diluted (in shares)		96,436	101,359	98,306	99,581
Games
Revenues
Total revenues		$ 112,520	$ 95,833	$ 323,203	$ 271,321
Costs and expenses
Cost of revenues	[1]	29,102	19,178	81,395	54,834
Operating expenses		19,860	16,711	57,886	48,871
Research and development		11,298	6,445	28,395	17,966
Depreciation		15,006	12,495	41,321	41,122
Amortization		11,472	10,805	31,744	32,464
Total costs and expenses		86,738	65,634	240,741	195,257
Operating income		25,782	30,199	82,462	76,064
Games | Gaming operations
Revenues
Total revenues		74,979	71,580	219,311	202,941
Costs and expenses
Cost of revenues	[1]	6,557	5,675	18,674	15,776
Games | Gaming equipment and systems
Revenues
Total revenues		37,500	24,220	103,766	68,298
Costs and expenses
Cost of revenues	[1]	22,545	13,503	62,721	39,058
Games | Gaming other
Revenues
Total revenues		41	33	126	82
FinTech
Revenues
Total revenues		91,798	72,469	253,953	208,676
Costs and expenses
Cost of revenues	[1]	14,694	8,273	37,463	25,137
Operating expenses		36,494	30,410	103,344	84,449
Research and development		5,505	3,153	14,991	8,833
Depreciation		2,438	1,968	7,021	5,449
Amortization		3,831	3,791	11,838	11,216
Total costs and expenses		62,962	47,595	174,657	135,084
Operating income		28,836	24,874	79,296	73,592
FinTech | Financial access services
Revenues
Total revenues		53,296	46,421	154,051	129,973
Costs and expenses
Cost of revenues	[1]	2,760	1,830	7,405	4,863
FinTech | Software and other
Revenues
Total revenues		22,192	17,024	59,056	49,874
Costs and expenses
Cost of revenues	[1]	1,163	1,063	2,984	3,196
FinTech | Hardware
Revenues
Total revenues		16,310	9,024	40,846	28,829
Costs and expenses
Cost of revenues	[1]	$ 10,771	$ 5,380	$ 27,074	$ 17,078
[1](1) Exclusive of depreciation and amortization. EVERI HOLDINGS INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - CONTINUED (In thousands, except earnings per share amounts)

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Cash and cash equivalents	$ 258,627	$ 302,009
Settlement receivables	76,854	89,275
Trade and other receivables, net of allowances for credit losses of $5,977 and $5,161 at September 30, 2022 and December 31, 2021, respectively	116,843	104,822
Inventory	55,890	29,233
Prepaid expenses and other current assets	39,009	27,299
Total current assets	547,223	552,638
Non-current assets
Property and equipment, net	130,545	119,993
Goodwill	707,214	682,663
Other intangible assets, net	230,928	214,594
Other receivables	24,777	13,982
Deferred tax assets, net	179	32,121
Other assets	28,657	19,659
Total non-current assets	1,122,300	1,083,012
Total assets	1,669,523	1,635,650
Current liabilities
Settlement liabilities	232,147	291,861
Accounts payable and accrued expenses	209,766	173,933
Current portion of long-term debt	6,000	6,000
Total current liabilities	447,913	471,794
Deferred Income Tax Liabilities, Net	345	0
Non-current liabilities
Long-term debt, less current portion	972,877	975,525
Other accrued expenses and liabilities	29,669	13,831
Total non-current liabilities	1,002,891	989,356
Total liabilities	1,450,804	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 September 30, 2022 and December 31, 2021, respectively	0	0
Common stock, $0.001 par value, 500,000 shares authorized and 119,258 and 89,972 shares issued and outstanding at September 30, 2022, respectively, and 116,996 and 91,313 shares issued and outstanding at December 31, 2021, respectively	119	117
Additional paid-in capital	522,353	505,757
Accumulated deficit	(48,303)	(141,755)
Accumulated other comprehensive loss	(6,120)	(1,455)
Treasury stock, at cost, 29,286 and 25,683 shares at September 30, 2022 and December 31, 2021, respectively	(249,330)	(188,164)
Total stockholders’ equity	218,719	174,500
Total liabilities and stockholders’ equity	$ 1,669,523	$ 1,635,650

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Current assets
Allowances for doubtful accounts	$ 5,977	$ 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)	119,258,000	116,996,000
Common stock outstanding (in shares)	89,972,000	91,313,000
Treasury stock (in shares)	29,286,000	25,683,000

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities
Net income	$ 93,452	$ 63,494
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	48,342	46,571
Amortization	43,582	43,680
Non-cash lease expense	3,599	3,400
Amortization of financing costs and discounts	2,140	3,234
Loss on sale or disposal of assets	420	1,616
Accretion of contract rights	7,367	6,966
Provision for credit losses	7,286	5,499
Deferred income taxes	28,042	(174)
Reserve for inventory obsolescence	659	1,610
Loss on extinguishment of debt	0	34,389
Stock-based compensation	15,012	12,404
Changes in operating assets and liabilities:
Settlement receivables	12,251	10,056
Trade and other receivables	(23,845)	(25,522)
Inventory	(23,026)	(5,569)
Prepaid expenses and other assets	(26,388)	(8,068)
Settlement liabilities	(59,432)	4,371
Accounts payable and accrued expenses	17,453	45,543
Net cash provided by operating activities	146,914	243,500
Cash flows from investing activities
Capital expenditures	(92,225)	(73,288)
Acquisitions, net of cash acquired	(33,250)	(15,000)
Proceeds from sale of property and equipment	115	215
Placement fee agreements	(547)	0
Net cash used in investing activities	(125,907)	(88,073)
Cash flows from financing activities
Proceeds from new term loan	0	600,000
Proceeds from 2021 unsecured notes	0	400,000
Repayments of 2017 unsecured notes	0	(285,381)
Proceeds from exercise of stock options	1,586	14,012
Treasury stock - restricted share vestings and withholdings	(11,815)	(8,909)
Treasury stock - repurchase of shares	(49,351)	0
Payment of contingent consideration, acquisition	0	(9,875)
Net cash used in financing activities	(64,080)	(190,653)
Effect of exchange rates on cash and cash equivalents	(1,106)	(237)
Cash, cash equivalents and restricted cash
Net decrease for the period	(44,179)	(35,463)
Balance, beginning of the period	303,726	252,349
Balance, end of the period	259,547	216,886
Supplemental cash disclosures
Cash paid for interest	42,070	45,167
Cash paid for income tax, net	846	975
Supplemental non-cash disclosures
Accrued and unpaid capital expenditures	5,511	32,999
Transfer of leased gaming equipment to inventory	7,758	5,636
New Term Loan
Cash flows from financing activities
Repayments of secured debt	(4,500)	0
Prior Term Loan
Cash flows from financing activities
Repayments of secured debt	0	(735,500)
Incremental Term Loan
Cash flows from financing activities
Repayments of secured debt	0	(124,375)
New Debt
Cash flows from financing activities
Fees associated with debt transactions	0	(19,797)
Prior Debt
Cash flows from financing activities
Fees associated with debt transactions	$ 0	$ (20,828)

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)	63,494
Balance, end of period (in shares) at Sep. 30, 2021		116,357
Balance, end of period at Sep. 30, 2021	72,768	$ 116	493,022	(231,126)	(1,526)	(187,718)
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)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	6,746			6,746
Foreign currency translation	(442)				(442)
Stock-based compensation expense	3,952		3,952
Exercise of options (in shares)		762
Exercise of options	5,309	$ 0	5,309
Restricted share vesting and withholding (in shares)		36
Restricted share vestings and withholdings	(297)	$ 0	(1)			(296)
Balance, end of period (in shares) at Sep. 30, 2021		116,357
Balance, end of period at Sep. 30, 2021	$ 72,768	$ 116	493,022	(231,126)	(1,526)	(187,718)
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)	93,452
Repurchase of shares	$ (49,400)
Balance, end of period (in shares) at Sep. 30, 2022	89,972	119,258
Balance, end of period at Sep. 30, 2022	$ 218,719	$ 119	522,353	(48,303)	(6,120)	(249,330)
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		119,109
Balance, end of period at Jun. 30, 2022	202,629	$ 119	516,785	(77,712)	(3,481)	(233,082)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	29,409			29,409
Foreign currency translation	(2,639)				(2,639)
Stock-based compensation expense	4,701		4,701
Exercise of options (in shares)		115
Exercise of options	867		867
Restricted share vesting and withholding (in shares)		34
Restricted share vestings and withholdings	(233)	$ 0	0			(233)
Repurchase of shares	$ (16,015)					(16,015)
Balance, end of period (in shares) at Sep. 30, 2022	89,972	119,258
Balance, end of period at Sep. 30, 2022	$ 218,719	$ 119	$ 522,353	$ (48,303)	$ (6,120)	$ (249,330)

BUSINESS

BUSINESS	9 Months Ended
	Sep. 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 and Class III slot machines and Historic Horse Racing (“HHR”) gaming 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 September 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. Our revenues for the third quarter of 20 22 exceeded the third quarter of 2021. While gaming industry conditions have improved significantly compared to the start of the pandemic, it is unclear if customers’ industry capital allocations will fully return to and remain at pre-COVID levels. With macro-economic volatility and pandemic-related challenges still in effect, we expect that demand and supply for our products and services could be tempered in the short-term, to the extent gaming activity decreases at our customers’ locations, or fails to increase at expected rates, and to the extent our customers decide to restrict their capital spending as a result of uncertainty in the industry, or that supply chain disruptions might impact customer deliveries, or otherwise. The impact of the COVID-19 pandemic also exacerbates the risks disclosed in our Annual Report on Form 10-K for the year ended December 31, 2021 (the “Annual Report”), including, but not limited to: our ability to generate revenues and, earn profits, our ability to service existing and attract new customers and maintain our overall competitiveness in the market; the potential for significant fluctuations in demand for our products and services; overall trends in the gaming industry impacting our business, and potential volatility in our stock price, among other concerns.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 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 nine months ended September 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 invoicing and 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 September 30 - current 12,223 9,728 Balance at September 30 - non-current 10,589 5,647 Total 22,812 15,375 Increase (decrease) $ 7,591 $ (2,186) 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 September 30 - current 44,460 36,503 Balance at September 30 - non-current 2,246 493 Total 46,706 36,996 Increase $ 10,091 $ 9,727 (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 $25.1 million and $21.0 million in revenue that was included in the beginning contract liabilities balance during the nine months ended September 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 $51.4 million and $148.0 million for the three and nine months ended September 30, 2022, respectively, and $49.2 million and $141.6 million for the three and nine months ended September 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 nine months ended September 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 nine months ended September 30, 2022 (in thousands). Classification on our Balance Sheets At September 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 258,627 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 819 1,616 Restricted cash - non-current Other assets 101 101 Total $ 259,547 $ 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 September 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 September 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 September 30, 2022 $600 million New Term Loan 2 $ 572,972 $ 594,000 $400 million 2021 Unsecured Notes 2 $ 329,984 $ 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 September 30, 2022, we do not anticipate re cently issued accounting guidance to have a significant future impact on our consolidated financial statements.

LEASES

LEASES	9 Months Ended
	Sep. 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 September 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 September 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 18,426 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,436 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 16,281 $ 11,869 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,855 $ 1,660 $ 5,165 $ 5,030 Short-term operating leases $ 398 $ 400 $ 1,205 $ 1,219 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 997 $ 396 $ 7,448 $ 1,063 (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 September 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.57 3.52 Weighted Average Discount Rate: Operating leases 4.71 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,663 $ 1,276 $ 4,492 $ 4,192 Variable lease cost $ 259 $ 311 $ 902 $ 946 Maturities of lease liabilities are summarized as follows as of September 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the nine months ended September 30, 2022) $ 1,750 2023 7,293 2024 6,747 2025 5,834 2026 2,137 Thereafter 967 Total future minimum lease payments 24,728 Less: Amount representing interest 2,011 Present value of future minimum lease payments 22,717 Less: Current operating lease obligations 6,436 Long-term lease obligations $ 16,281 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 nine months ended September 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 September 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 366 $ 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 September 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 September 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 18,426 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,436 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 16,281 $ 11,869 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,855 $ 1,660 $ 5,165 $ 5,030 Short-term operating leases $ 398 $ 400 $ 1,205 $ 1,219 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 997 $ 396 $ 7,448 $ 1,063 (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 September 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.57 3.52 Weighted Average Discount Rate: Operating leases 4.71 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,663 $ 1,276 $ 4,492 $ 4,192 Variable lease cost $ 259 $ 311 $ 902 $ 946 Maturities of lease liabilities are summarized as follows as of September 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the nine months ended September 30, 2022) $ 1,750 2023 7,293 2024 6,747 2025 5,834 2026 2,137 Thereafter 967 Total future minimum lease payments 24,728 Less: Amount representing interest 2,011 Present value of future minimum lease payments 22,717 Less: Current operating lease obligations 6,436 Long-term lease obligations $ 16,281 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 nine months ended September 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 September 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 366 $ 1,331

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 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 second quarter of 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 nine months ended September 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 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 preliminary amounts o f identifiable assets acquired and liabilities assumed (i n thousands): Amount in USD* Current assets $ 12,850 Property and equipment 1,218 Other intangible assets 11,600 Goodwill 11,861 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 _______________________ *Reflects a measurement period adjustment of approximately $1.2 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 $4.2 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 September 30, 2022 reflected revenues of approximately $9.4 million and an immaterial net loss. We incurred acquisition-related costs of approximately $0.2 million for the nine months ended September 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 second quarter of 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 nine months ended September 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 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%. Based on our quarterly review, there were no material adjustments required to our estimates and assumptions with respect to the contingent consideration. 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 Other intangible assets 18,757 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. 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 3,357 Customer relationships 9 15,000 Total other intangible assets $ 18,757 The fair value of intangible assets was determined by applying the income approach. Other intangible assets acquired of approximately $18.8 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 $3.4 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 September 30, 2022 reflected revenues of approximately $3.6 million and net income of approximately $0.7 million. We incurred acquisition-related costs of approximatel y $0.1 million for the nine months ended September 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	9 Months Ended
	Sep. 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 $2.7 million and $5.5 million for the three and nine months ended September 30, 2022, respectively, and $1.2 million and $2.9 million for the three and nine months ended September 30, 2021, respectively. We are exposed to interest rate risk to the extent 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 $322.0 million and $401.8 million as of September 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 nine months ended September 30, 2022 and 2021.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	9 Months Ended
	Sep. 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. The balance of trade and other receivables consisted of the following (in thousands): At September 30, At December 31, 2022 2021 Trade and other receivables, net Games trade and loans receivables $ 83,329 $ 77,053 FinTech trade and loans receivables 32,118 21,504 Contract assets (1) 22,812 15,221 Other receivables 2,995 3,695 Net investment in sales-type leases 366 1,331 Total trade and other receivables, net 141,620 118,804 Non-current portion of receivables FinTech trade and loans receivables 12,165 7,340 Games trade and loans receivables 2,023 1,348 Contract assets (1) 10,589 5,294 Total non-current portion of receivables 24,777 13,982 Total trade and other receivables, current portion $ 116,843 $ 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 nine months ended September 30, 2022 and 2021 is as follows (in thousands): Nine Months Ended September 30, 2022 2021 Beginning allowance for credit losses $ (5,161) $ (3,689) Provision (7,286) (5,499) Charge-offs and recoveries 6,470 4,400 Ending allowance for credit losses $ (5,977) $ (4,788)

INVENTORY

INVENTORY	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Inventory Component parts, net of reserves of $2,582 and $2,422 at September 30, 2022 and December 31, 2021, respectively $ 40,063 $ 22,490 Work-in-progress 5,019 554 Finished goods 10,808 6,189 Total inventory $ 55,890 $ 29,233

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 22,632 $ 14,389 Deposits 13,353 7,709 Restricted cash (1) 819 1,616 Other 2,205 3,585 Total prepaid expenses and other current assets $ 39,009 $ 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 September 30, At December 31, 2022 2021 Other assets Operating lease ROU assets $ 18,426 $ 12,692 Prepaid expenses and deposits 8,531 4,789 Debt issuance costs of revolving credit facility 1,473 1,760 Other 227 418 Total other assets $ 28,657 $ 19,659

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Property and equipment consist of the following (dollars in thousands): At September 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-4 $ 273,117 $ 181,886 $ 91,231 $ 248,958 $ 166,075 $ 82,883 Rental pool - undeployed 2-4 30,833 24,456 6,377 23,284 18,285 4,999 FinTech equipment 1-5 36,820 25,267 11,553 32,802 21,257 11,545 Leasehold and building improvements Lease Term 13,227 10,320 2,907 12,598 9,234 3,364 Machinery, office, and other equipment 1-5 51,539 33,062 18,477 45,277 28,075 17,202 Total $ 405,536 $ 274,991 $ 130,545 $ 362,919 $ 242,926 $ 119,993 Depreciation expense related to property and equipment totaled approximately $17.4 million and $48.3 million for the three and nine months ended September 30, 2022, respectively, and $14.5 million and $46.6 million for the three and nine months ended September 30, 2021, respectively.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 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 $707.2 million and $682.7 million at September 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 im pair ment identified for our goodwill for the three and nine months ended September 30, 2022 and 2021. Other Intangible Assets Other intangible assets consist of the following (dollars in thousands): At September 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 $ 57,946 $ 10,042 $ 47,904 $ 58,837 $ 4,237 $ 54,600 Customer relationships 3-14 324,598 226,164 98,434 303,238 206,273 96,965 Developed technology and software 1-6 383,716 301,164 82,552 342,309 280,412 61,897 Patents, trade names and other 2-18 22,050 20,012 2,038 20,547 19,415 1,132 Total $ 788,310 $ 557,382 $ 230,928 $ 724,931 $ 510,337 $ 214,594 Amortization expense related to other intangible assets was approximately $15.3 million and $43.6 million for the three and nine months ended September 30, 2022, respectively, and $14.6 million and $43.7 million for the three and nine months ended September 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 nine months ended September 30, 2022 and 2021, there we r e no material write-downs of intangible assets.

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Accounts payable and accrued expenses Customer commissions payable $ 63,012 $ 57,515 Contract liabilities 44,460 36,238 Accounts payable - trade 38,336 25,453 Payroll and related expenses 25,646 29,125 Contingent consideration and acquisition-related liabilities (1) 10,712 — Financial access processing and related expenses 6,782 3,619 Operating lease liabilities 6,436 5,663 Accrued interest 4,316 9,273 Accrued taxes 3,821 2,756 Other 6,245 4,291 Total accounts payable and accrued expenses $ 209,766 $ 173,933 (1) Refer to “Note 4 — Business Combinations.”

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT The following table summarizes our outstanding indebtedness (dollars in thousands): Maturity Interest At September 30, At December 31, Date Rate 2022 2021 Long-term debt $600 million New Term Loan 2028 LIBOR+2.50% $ 594,000 $ 598,500 $125 million New Revolver 2026 LIBOR+2.50% — — Senior secured credit facilities 594,000 598,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 994,000 998,500 Debt issuance costs and discount (15,123) (16,975) Total debt after debt issuance costs and discount 978,877 981,525 Current portion of long-term debt (6,000) (6,000) Total long-term debt, net of current portion $ 972,877 $ 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 September 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 4.76% and 3.66% for the three and nine months ended September 30, 2022, respectively. Senior Unsecured Notes Our Senior Unsecured Notes (the “2021 USN”) had an outstanding balance of $400.0 million as of September 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 We were in compliance with the coven

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 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, and 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. The Court removed the case from the September trial calendar and requested briefs from the parties on relevant legal issues. Briefing is underway. Due to the current stage 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 current stage 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 to herein 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 an appeal of the Court’s Order. The appeal is underway. Due to the current stage 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 Transactions Act (FACTA) amendment to the Fair Credit Reporting Act (FCRA). Plaintiff’s complaint alleges she received a printed receipt for cash access services performed at an Everi Payments’ ATM which displayed more than four (4) digits of the account number. Plaintiff seeks statutory damages, punitive damages, injunctive relief, attorneys’ fees, and other relief. Everi filed a Petition for Removal to the United States District Court, District of Nevada. Thereafter, Everi filed a Motion to Dismiss, which is pending in the United States District Court. 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. 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	9 Months Ended
	Sep. 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. 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 September 30, 2022, Everi had approximately 90.0 million shares issued and outstanding, net of 29.3 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 0.9 million and 2.9 million shares repurchased at an average price of $17.29 and $16.87 per share for an aggregate amount of $16.0 million and $49.4 million during the three and nine ended September 30, 2022, respectively. The remaining availability under the May 2022 $150.0 million share repurchase program was $100.6 million as of September 30, 2022. T here were no share repurchases during the three and nine months ended September 30, 2021.

WEIGHTED AVERAGE SHARES OF COMM

WEIGHTED AVERAGE SHARES OF COMMON STOCK	9 Months Ended
	Sep. 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 bas ic and diluted earnings pe r share is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted average shares Weighted average number of common shares outstanding - basic 90,014 90,322 91,039 88,688 Potential dilution from equity awards (1) 6,422 11,037 7,267 10,893 Weighted average number of common shares outstanding - diluted (1) 96,436 101,359 98,306 99,581 (1) There were 0.2 million and 0.1 million shares that were anti-dilutive under the treasury stock method for the three and nine ended September 30, 2022, respectively. T here were no shares that were anti-dilutive under the treasury stock method for the three and nine months ended September 30, 2021.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Sep. 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 81 1,276 Exercised options or vested shares (284) (1,978) Canceled or forfeited (25) (34) Outstanding, September 30, 2022 6,845 2,804

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2022
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The income tax provision for the three and nine months ended September 30, 2022, reflected an effective income tax rate of 26.0% and 24.2%, respectively, which wa s greater th an th e statutory federal rate of 21.0%, primarily due to state taxes, compensation deduction limitations, a net operating loss limitation 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 benefit for the three months ended September 30, 2021, reflected an effective income tax rate of negative 5.0%. The income tax provision for the nine months ended September 30, 2021, reflected an effective income tax rate of 2.0%. Those rates were 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 September 30, 2022, we recorded approximately $2.2 million of 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	9 Months Ended
	Sep. 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 slot machines and HHR gaming 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 another 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 September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Games Revenues Gaming operations $ 74,979 $ 71,580 $ 219,311 $ 202,941 Gaming equipment and systems 37,500 24,220 103,766 68,298 Gaming other 41 33 126 82 Total revenues 112,520 95,833 323,203 271,321 Costs and expenses Cost of revenues (1) Gaming operations 6,557 5,675 18,674 15,776 Gaming equipment and systems 22,545 13,503 62,721 39,058 Cost of revenues 29,102 19,178 81,395 54,834 Operating expenses 19,860 16,711 57,886 48,871 Research and development 11,298 6,445 28,395 17,966 Depreciation 15,006 12,495 41,321 41,122 Amortization 11,472 10,805 31,744 32,464 Total costs and expenses 86,738 65,634 240,741 195,257 Operating income $ 25,782 $ 30,199 $ 82,462 $ 76,064 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 FinTech Revenues Financial access services $ 53,296 $ 46,421 $ 154,051 $ 129,973 Software and other 22,192 17,024 59,056 49,874 Hardware 16,310 9,024 40,846 28,829 Total revenues 91,798 72,469 253,953 208,676 Costs and expenses Cost of revenues (1) Financial access services 2,760 1,830 7,405 4,863 Software and other 1,163 1,063 2,984 3,196 Hardware 10,771 5,380 27,074 17,078 Cost of revenues 14,694 8,273 37,463 25,137 Operating expenses 36,494 30,410 103,344 84,449 Research and development 5,505 3,153 14,991 8,833 Depreciation 2,438 1,968 7,021 5,449 Amortization 3,831 3,791 11,838 11,216 Total costs and expenses 62,962 47,595 174,657 135,084 Operating income $ 28,836 $ 24,874 $ 79,296 $ 73,592 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. At September 30, At December 31, 2022 2021 Total assets Games $ 909,973 $ 913,880 FinTech 759,550 721,770 Total assets $ 1,669,523 $ 1,635,650 Major Customers. No single customer accounted for more than 10% of our revenues for the three and nine months ended September 30, 2022 and 2021. Our five largest customers accounted for approximately 14% of our revenues for the three and nine months ended September 30, 2022, and 16% for the three and nine months ended September 30, 2021.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2022
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS On October 17, 2022 (the “Closing Date”), the Company acquired certain strategic assets of Venuetize, Inc. (“Venuetize”), a privately owned innovator of mobile-first technologies that provide an advanced guest engagement and m-commerce platform for the sports, entertainment and hospitality industries. The Venuetize acquisition of certain products and services represents a strategic expansion within and beyond casino gaming of Everi’s current suite of solutions for the FinTech segment. The acquisition will help to elevate the capabilities of mobile and wallet offerings, and provide Everi with complementary assets and an established customer base expected to enable further growth into additional entertainment, sports and hospitality venues, and also to create new crossover marketing opportunities within the Company's existing footprint. Under the terms of the asset purchase agreement, the Company made payments totaling $18 million by the time of closing. Subject to achieving certain revenue growth targets over the subsequent thirty-month period post-closing, additional contingent performance payments are expected to be between $2 million and $6 million. The transaction will be accounted for as a business combination und er t he acquisition method of a ccounting in accordance with GAAP. As a result of the timing of the acquisition, the initial accounting treatment is still being determined; and accordingly, certain disclosures were not available at the time the financial statements were issued. The acquisition is not expected to have a material impact on our results of operations or financial condition in 2022.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 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 nine months ended September 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 invoicing and 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 September 30 - current 12,223 9,728 Balance at September 30 - non-current 10,589 5,647 Total 22,812 15,375 Increase (decrease) $ 7,591 $ (2,186) 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 September 30 - current 44,460 36,503 Balance at September 30 - non-current 2,246 493 Total 46,706 36,996 Increase $ 10,091 $ 9,727 (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 $25.1 million and $21.0 million in revenue that was included in the beginning contract liabilities balance during the nine months ended September 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 $51.4 million and $148.0 million for the three and nine months ended September 30, 2022, respectively, and $49.2 million and $141.6 million for the three and nine months ended September 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 nine months ended September 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 September 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)	9 Months Ended
	Sep. 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 September 30 - current 12,223 9,728 Balance at September 30 - non-current 10,589 5,647 Total 22,812 15,375 Increase (decrease) $ 7,591 $ (2,186) 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 September 30 - current 44,460 36,503 Balance at September 30 - non-current 2,246 493 Total 46,706 36,996 Increase $ 10,091 $ 9,727 (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 nine months ended September 30, 2022 (in thousands). Classification on our Balance Sheets At September 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 258,627 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 819 1,616 Restricted cash - non-current Other assets 101 101 Total $ 259,547 $ 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 nine months ended September 30, 2022 (in thousands). Classification on our Balance Sheets At September 30, 2022 At December 31, 2021 Cash and cash equivalents Cash and cash equivalents $ 258,627 $ 302,009 Restricted cash - current Prepaid expenses and other current assets 819 1,616 Restricted cash - non-current Other assets 101 101 Total $ 259,547 $ 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 September 30, 2022 $600 million New Term Loan 2 $ 572,972 $ 594,000 $400 million 2021 Unsecured Notes 2 $ 329,984 $ 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)	9 Months Ended
	Sep. 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 September 30, 2022 At December 31, 2021 Assets Operating lease ROU assets Other assets, non-current $ 18,426 $ 12,692 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 6,436 $ 5,663 Non-current operating lease liabilities Other accrued expenses and liabilities $ 16,281 $ 11,869
Cash Flow Information	Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Cash paid for: Long-term operating leases $ 1,855 $ 1,660 $ 5,165 $ 5,030 Short-term operating leases $ 398 $ 400 $ 1,205 $ 1,219 Right-of-use assets obtained in exchange for lease obligations: Operating leases (1) $ 997 $ 396 $ 7,448 $ 1,063 (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 September 30, 2022 At December 31, 2021 Weighted Average Remaining Lease Term (in years): Operating leases 3.57 3.52 Weighted Average Discount Rate: Operating leases 4.71 % 5.04 % Components of lease expense, which are included in operating expenses, are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Operating Lease Cost: Operating lease cost $ 1,663 $ 1,276 $ 4,492 $ 4,192 Variable lease cost $ 259 $ 311 $ 902 $ 946
Payments Due	Maturities of lease liabilities are summarized as follows as of September 30, 2022 (in thousands): Year Ending December 31, Amount 2022 (excluding the nine months ended September 30, 2022) $ 1,750 2023 7,293 2024 6,747 2025 5,834 2026 2,137 Thereafter 967 Total future minimum lease payments 24,728 Less: Amount representing interest 2,011 Present value of future minimum lease payments 22,717 Less: Current operating lease obligations 6,436 Long-term lease obligations $ 16,281
Sales-type lease	Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At September 30, 2022 At December 31, 2021 Assets Net investment in sales-type leases - current Trade and other receivables, net $ 366 $ 1,331

Business Combinations and Asset

Business Combinations and Asset Acquisitions (Tables)	9 Months Ended
	Sep. 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 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 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 preliminary amounts o f identifiable assets acquired and liabilities assumed (i n thousands): Amount in USD* Current assets $ 12,850 Property and equipment 1,218 Other intangible assets 11,600 Goodwill 11,861 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 _______________________ *Reflects a measurement period adjustment of approximately $1.2 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 Other intangible assets 18,757 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
Finite-Lived Intangible Assets Acquired	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 3,357 Customer relationships 9 15,000 Total other intangible assets $ 18,757

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Trade and other receivables, net Games trade and loans receivables $ 83,329 $ 77,053 FinTech trade and loans receivables 32,118 21,504 Contract assets (1) 22,812 15,221 Other receivables 2,995 3,695 Net investment in sales-type leases 366 1,331 Total trade and other receivables, net 141,620 118,804 Non-current portion of receivables FinTech trade and loans receivables 12,165 7,340 Games trade and loans receivables 2,023 1,348 Contract assets (1) 10,589 5,294 Total non-current portion of receivables 24,777 13,982 Total trade and other receivables, current portion $ 116,843 $ 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 nine months ended September 30, 2022 and 2021 is as follows (in thousands): Nine Months Ended September 30, 2022 2021 Beginning allowance for credit losses $ (5,161) $ (3,689) Provision (7,286) (5,499) Charge-offs and recoveries 6,470 4,400 Ending allowance for credit losses $ (5,977) $ (4,788)

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2022
Inventory Disclosure [Abstract]
Schedule of Components of Inventory	Inventory consisted of the following (in thousands): At September 30, At December 31, 2022 2021 Inventory Component parts, net of reserves of $2,582 and $2,422 at September 30, 2022 and December 31, 2021, respectively $ 40,063 $ 22,490 Work-in-progress 5,019 554 Finished goods 10,808 6,189 Total inventory $ 55,890 $ 29,233

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Prepaid expenses and other current assets Prepaid expenses $ 22,632 $ 14,389 Deposits 13,353 7,709 Restricted cash (1) 819 1,616 Other 2,205 3,585 Total prepaid expenses and other current assets $ 39,009 $ 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 September 30, At December 31, 2022 2021 Other assets Operating lease ROU assets $ 18,426 $ 12,692 Prepaid expenses and deposits 8,531 4,789 Debt issuance costs of revolving credit facility 1,473 1,760 Other 227 418 Total other assets $ 28,657 $ 19,659

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 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 September 30, 2022 At December 31, 2021 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-4 $ 273,117 $ 181,886 $ 91,231 $ 248,958 $ 166,075 $ 82,883 Rental pool - undeployed 2-4 30,833 24,456 6,377 23,284 18,285 4,999 FinTech equipment 1-5 36,820 25,267 11,553 32,802 21,257 11,545 Leasehold and building improvements Lease Term 13,227 10,320 2,907 12,598 9,234 3,364 Machinery, office, and other equipment 1-5 51,539 33,062 18,477 45,277 28,075 17,202 Total $ 405,536 $ 274,991 $ 130,545 $ 362,919 $ 242,926 $ 119,993

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following (dollars in thousands): At September 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 $ 57,946 $ 10,042 $ 47,904 $ 58,837 $ 4,237 $ 54,600 Customer relationships 3-14 324,598 226,164 98,434 303,238 206,273 96,965 Developed technology and software 1-6 383,716 301,164 82,552 342,309 280,412 61,897 Patents, trade names and other 2-18 22,050 20,012 2,038 20,547 19,415 1,132 Total $ 788,310 $ 557,382 $ 230,928 $ 724,931 $ 510,337 $ 214,594

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	9 Months Ended
	Sep. 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 September 30, At December 31, 2022 2021 Accounts payable and accrued expenses Customer commissions payable $ 63,012 $ 57,515 Contract liabilities 44,460 36,238 Accounts payable - trade 38,336 25,453 Payroll and related expenses 25,646 29,125 Contingent consideration and acquisition-related liabilities (1) 10,712 — Financial access processing and related expenses 6,782 3,619 Operating lease liabilities 6,436 5,663 Accrued interest 4,316 9,273 Accrued taxes 3,821 2,756 Other 6,245 4,291 Total accounts payable and accrued expenses $ 209,766 $ 173,933 (1) Refer to “Note 4 — Business Combinations.”

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2022
Debt Disclosure [Abstract]
Schedule of Outstanding Indebtedness	The following table summarizes our outstanding indebtedness (dollars in thousands): Maturity Interest At September 30, At December 31, Date Rate 2022 2021 Long-term debt $600 million New Term Loan 2028 LIBOR+2.50% $ 594,000 $ 598,500 $125 million New Revolver 2026 LIBOR+2.50% — — Senior secured credit facilities 594,000 598,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 994,000 998,500 Debt issuance costs and discount (15,123) (16,975) Total debt after debt issuance costs and discount 978,877 981,525 Current portion of long-term debt (6,000) (6,000) Total long-term debt, net of current portion $ 972,877 $ 975,525

WEIGHTED AVERAGE SHARES OF CO_2

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The weighted average number of common stock shares outstanding used in the computation of bas ic and diluted earnings pe r share is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Weighted average shares Weighted average number of common shares outstanding - basic 90,014 90,322 91,039 88,688 Potential dilution from equity awards (1) 6,422 11,037 7,267 10,893 Weighted average number of common shares outstanding - diluted (1) 96,436 101,359 98,306 99,581 (1) There were 0.2 million and 0.1 million shares that were anti-dilutive under the treasury stock method for the three and nine ended September 30, 2022, respectively. T here were no shares that were anti-dilutive under the treasury stock method for the three and nine months ended September 30, 2021.

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 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 81 1,276 Exercised options or vested shares (284) (1,978) Canceled or forfeited (25) (34) Outstanding, September 30, 2022 6,845 2,804

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2022
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables present segment information (in thousands)*: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 Games Revenues Gaming operations $ 74,979 $ 71,580 $ 219,311 $ 202,941 Gaming equipment and systems 37,500 24,220 103,766 68,298 Gaming other 41 33 126 82 Total revenues 112,520 95,833 323,203 271,321 Costs and expenses Cost of revenues (1) Gaming operations 6,557 5,675 18,674 15,776 Gaming equipment and systems 22,545 13,503 62,721 39,058 Cost of revenues 29,102 19,178 81,395 54,834 Operating expenses 19,860 16,711 57,886 48,871 Research and development 11,298 6,445 28,395 17,966 Depreciation 15,006 12,495 41,321 41,122 Amortization 11,472 10,805 31,744 32,464 Total costs and expenses 86,738 65,634 240,741 195,257 Operating income $ 25,782 $ 30,199 $ 82,462 $ 76,064 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 FinTech Revenues Financial access services $ 53,296 $ 46,421 $ 154,051 $ 129,973 Software and other 22,192 17,024 59,056 49,874 Hardware 16,310 9,024 40,846 28,829 Total revenues 91,798 72,469 253,953 208,676 Costs and expenses Cost of revenues (1) Financial access services 2,760 1,830 7,405 4,863 Software and other 1,163 1,063 2,984 3,196 Hardware 10,771 5,380 27,074 17,078 Cost of revenues 14,694 8,273 37,463 25,137 Operating expenses 36,494 30,410 103,344 84,449 Research and development 5,505 3,153 14,991 8,833 Depreciation 2,438 1,968 7,021 5,449 Amortization 3,831 3,791 11,838 11,216 Total costs and expenses 62,962 47,595 174,657 135,084 Operating income $ 28,836 $ 24,874 $ 79,296 $ 73,592 (1) Exclusive of depreciation and amortization. * Rounding may cause variances. At September 30, At December 31, 2022 2021 Total assets Games $ 909,973 $ 913,880 FinTech 759,550 721,770 Total assets $ 1,669,523 $ 1,635,650

BUSINESS - Narrative (Details)

BUSINESS - Narrative (Details)	9 Months Ended
	Sep. 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	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021	Dec. 31, 2020
Contract assets
Contract assets, current	$ 12,223	$ 9,728	$ 9,927	$ 9,240
Contract assets, noncurrent	10,589	5,647	5,294	8,321
Total	22,812	15,375	15,221	17,561
Increase (decrease)	7,591	(2,186)
Contract liabilities
Contract liabilities, current	44,460	36,503	36,238	26,980
Contract liabilities, noncurrent	2,246	493	377	289
Total	46,706	36,996	$ 36,615	$ 27,269
Increase	$ 10,091	$ 9,727

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - USD ($) $ in Thousands	3 Months Ended			9 Months Ended
	Sep. 30, 2022	Mar. 31, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Contract with customer liability				$ 25,100	$ 21,000
Total revenues	$ 204,318		$ 168,302	$ 577,156	479,997
Contractual terms of trade and loans receivable		12 months		12 months
Games
Disaggregation of Revenue [Line Items]
Total revenues	112,520		95,833	$ 323,203	271,321
Games | Gaming operations, leased equipment
Disaggregation of Revenue [Line Items]
Total revenues	$ 51,400		$ 49,200	$ 148,000	$ 141,600

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 258,627	$ 302,009
Restricted Cash, Current, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets	Prepaid expenses and other current assets
Restricted cash - current	$ 819	$ 1,616
Restricted Cash, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Restricted cash - non-current	$ 101	$ 101
Total	259,547	303,726	$ 216,886	$ 252,349
Cash and Cash Equivalents
Cash and Cash Equivalents [Line Items]
Cash and cash equivalents	$ 258,627	$ 302,009

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 ($)	Sep. 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 | New Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	572,972,000	598,171,000
Fair Value | Level 2 | Incremental Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	329,984,000	404,000,000
Outstanding Balance | Level 2 | New Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	594,000,000	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 ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Lessee, Lease, Description [Line Items]
Sales-type lease, revenue	$ 0	$ 0	$ 0	$ 0
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year		1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	10 years		10 years

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 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	$ 18,426	$ 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	$ 6,436	$ 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	$ 16,281	$ 11,869

LEASES - Cash Flow Information

LEASES - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Cash paid for:
Long-term operating leases	$ 1,855	$ 1,660	$ 5,165	$ 5,030
Short-term operating leases	398	400	1,205	1,219
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 997	$ 396	$ 7,448	$ 1,063

LEASES - Lease Costs (Details)

LEASES - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Weighted average remaining lease term, operating leases	3 years 6 months 25 days		3 years 6 months 25 days		3 years 6 months 7 days
Weighted average discount rate, operating leases	4.71%		4.71%		5.04%
Operating lease cost	$ 1,663	$ 1,276	$ 4,492	$ 4,192
Variable lease cost	$ 259	$ 311	$ 902	$ 946

LEASES - Payments Due (Details)

LEASES - Payments Due (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Amount
2022 (excluding the nine months ended September 30, 2022)	$ 1,750
2023	7,293
2024	6,747
2025	5,834
2026	2,137
Thereafter	967
Total future minimum lease payments	24,728
Less: Amount representing interest	2,011
Present value of future minimum lease payments	22,717
Current operating lease liabilities	6,436	$ 5,663
Long-term lease obligations	$ 16,281	$ 11,869

LEASES - Sales-type lease (Deta

LEASES - Sales-type lease (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Net investment in sales-type leases - current	$ 366	$ 1,331

BUSINESS COMBINATIONS - Narrati

BUSINESS COMBINATIONS - Narrative (Details) $ in Thousands, $ in Millions				3 Months Ended				7 Months Ended	9 Months Ended
	Apr. 30, 2022 USD ($)	Mar. 01, 2022 AUD ($)	Mar. 01, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 AUD ($)	Jun. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2022 USD ($) business	Sep. 30, 2021 USD ($)
Business Acquisition [Line Items]
Number of acquired businesses | business									2
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Cash consideration paid at closing		$ 20	$ 14,980
Contingent consideration			$ 10,000
Payments for excess net working capital					$ 8.7	$ 6,000
Cash payments, noncurrent, payment period		2 years	2 years
Goodwill, amortization period		15 years	15 years
Adjustment assets			$ 1,200
Cash				$ 2,800				$ 2,800	$ 2,800
Trade receivables				5,700				5,700	5,700
Inventory				4,200				4,200	4,200
Other intangible assets			11,600	11,600				11,600	11,600
Revenue since acquisition date								9,400
Net loss since acquisition date								0
Transaction costs									200
Cash consideration post-closing			15,905
Business combination, consideration transferred			$ 30,885
ecash Holdings Pty Limited | Customer relationships
Business Acquisition [Line Items]
Other intangible assets				$ 7,300				$ 7,300	$ 7,300
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 | Developed technology
Business Acquisition [Line Items]
Other intangible assets				$ 3,600				$ 3,600	$ 3,600
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 | Trade name
Business Acquisition [Line Items]
Other intangible assets				$ 700				$ 700	$ 700
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 | Tranche One
Business Acquisition [Line Items]
Contingent consideration		$ 6.5
Contingent consideration, period since closing		1 year	1 year
ecash Holdings Pty Limited | Tranche Two
Business Acquisition [Line Items]
Contingent consideration		$ 6.5
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
Other intangible assets				18,757				18,757	18,757
Revenue since acquisition date								3,600
Net loss since acquisition date								$ 700
Transaction costs									$ 100
Cash consideration 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 | Customer relationships
Business Acquisition [Line Items]
Other intangible assets				$ 15,000				$ 15,000	$ 15,000
Intuicode | Customer relationships | Measurement Input, Discount Rate
Business Acquisition [Line Items]
Finite-lived intangible assets acquired, measurement input				0.40				0.40	0.40
Intuicode | Developed technology
Business Acquisition [Line Items]
Other intangible assets				$ 3,357				$ 3,357	$ 3,357
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 | Trade name
Business Acquisition [Line Items]
Other intangible assets				$ 400				$ 400	$ 400
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
ecash Holdings Pty Limited and Intuicode Gaming Corporation
Business Acquisition [Line Items]
Pro forma revenue				$ 204,300			$ 174,900		$ 587,200	$ 504,100
Pro forma net income (loss)				$ 29,400			$ 6,900		$ 93,200	$ 65,000

BUSINESS COMBINATIONS - Schedul

BUSINESS COMBINATIONS - Schedule of Total Purchase Consideration (Details) $ in Thousands, $ in Millions				3 Months Ended
	Apr. 30, 2022 USD ($)	Mar. 01, 2022 AUD ($)	Mar. 01, 2022 USD ($)	Sep. 30, 2022 USD ($)	Jun. 30, 2022 USD ($)	Dec. 31, 2021 USD ($)
Business Acquisition [Line Items]
Contingent consideration (at fair value)				$ 10,712		$ 0
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Cash consideration paid at closing		$ 20	$ 14,980
Cash consideration post-closing			15,905
Total purchase consideration			$ 30,885
Intuicode
Business Acquisition [Line Items]
Cash consideration paid at closing	$ 12,500
Cash consideration post-closing					$ 1,600
Cash consideration 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 - Sched_2

BUSINESS COMBINATIONS - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Mar. 01, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Goodwill	$ 707,214		$ 682,663
ecash Holdings Pty Limited
Business Acquisition [Line Items]
Current assets		$ 12,850
Property and equipment		1,218
Other intangible assets	11,600	11,600
Goodwill		11,861
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
Other intangible assets	18,757
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 - Intangi

BUSINESS COMBINATIONS - Intangible Assets Acquired as Part of Business Combination (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 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	$ 18,757
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	$ 3,357
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		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Contract Cash Solutions Agreement
Funding Agreements
Cash usage fees incurred	$ 2,700,000	$ 1,200,000	$ 5,500,000	$ 2,900,000
Outstanding balance	322,000,000		322,000,000		$ 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 - S

TRADE AND OTHER RECEIVABLES - Schedule of Components of Trade and Other Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Trade and other receivables, net
Contract assets	$ 22,812	$ 15,221
Other receivables	2,995	3,695
Net investment in sales-type leases	366	1,331
Total trade and other receivables, net	141,620	118,804
Non-current portion of receivables	24,777	13,982
Contract assets	10,589	5,294
Total trade and other receivables, current portion	116,843	104,822
Gaming operations
Trade and other receivables, net
Trade receivables, net	83,329	77,053
Non-current portion of receivables	2,023	1,348
FinTech
Trade and other receivables, net
Trade receivables, net	32,118	21,504
Non-current portion of receivables	$ 12,165	$ 7,340

TRADE AND OTHER RECEIVABLES - A

TRADE AND OTHER RECEIVABLES - Activity in Allowance for Credit Losses (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning allowance for credit losses	$ (5,161)	$ (3,689)
Provision	(7,286)	(5,499)
Charge-offs and recoveries	6,470	4,400
Ending allowance for credit losses	$ (5,977)	$ (4,788)

INVENTORY (Details)

INVENTORY (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Inventory
Component parts, net of reserves of $2,582 and $2,422 at September 30, 2022 and December 31, 2021, respectively	$ 40,063	$ 22,490
Work-in-progress	5,019	554
Finished goods	10,808	6,189
Total inventory	55,890	29,233
Component parts, reserves	$ 2,582	$ 2,422

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Prepaid expenses and other current assets
Prepaid expenses	$ 22,632	$ 14,389
Deposits	13,353	7,709
Restricted cash	819	1,616
Other	2,205	3,585
Total prepaid expenses and other current assets	39,009	27,299
Other assets
Operating lease ROU assets	18,426	12,692
Prepaid expenses and deposits	8,531	4,789
Debt issuance costs of revolving credit facility	1,473	1,760
Other	227	418
Total other assets	$ 28,657	$ 19,659

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of Components of Property, Equipment and Leased Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Cost	$ 405,536		$ 405,536		$ 362,919
Accumulated Depreciation	274,991		274,991		242,926
Net Book Value	130,545		130,545		119,993
Depreciation	17,444	$ 14,463	48,342	$ 46,571
FinTech
Property, Plant and Equipment [Line Items]
Depreciation	2,438	$ 1,968	7,021	$ 5,449
Rental pool - deployed
Property, Plant and Equipment [Line Items]
Cost	273,117		273,117		248,958
Accumulated Depreciation	181,886		181,886		166,075
Net Book Value	91,231		$ 91,231		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	30,833		$ 30,833		23,284
Accumulated Depreciation	24,456		24,456		18,285
Net Book Value	6,377		$ 6,377		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	51,539		$ 51,539		45,277
Accumulated Depreciation	33,062		33,062		28,075
Net Book Value	18,477		18,477		17,202
Machinery, office, and other equipment | FinTech
Property, Plant and Equipment [Line Items]
Cost	36,820		36,820		32,802
Accumulated Depreciation	25,267		25,267		21,257
Net Book Value	11,553		$ 11,553		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	13,227		$ 13,227		12,598
Accumulated Depreciation	10,320		10,320		9,234
Net Book Value	$ 2,907		$ 2,907		$ 3,364

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 707,214,000		$ 707,214,000		$ 682,663,000
Impairment of goodwill	0	$ 0	0	$ 0
Amortization of intangible assets	15,300,000	14,600,000	43,600,000	43,700,000
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	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Cost	$ 788,310	$ 724,931
Accumulated Amortization	557,382	510,337
Net Book Value	230,928	214,594
Contract rights under placement fee agreements
Finite-Lived Intangible Assets [Line Items]
Cost	57,946	58,837
Accumulated Amortization	10,042	4,237
Net Book Value	$ 47,904	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	$ 324,598	303,238
Accumulated Amortization	226,164	206,273
Net Book Value	$ 98,434	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	$ 383,716	342,309
Accumulated Amortization	301,164	280,412
Net Book Value	$ 82,552	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	$ 22,050	20,547
Accumulated Amortization	20,012	19,415
Net Book Value	$ 2,038	$ 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	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021	Dec. 31, 2020
Payables and Accruals [Abstract]
Customer commissions payable	$ 63,012	$ 57,515
Contract liabilities	44,460	36,238	$ 36,503	$ 26,980
Accounts payable - trade	38,336	25,453
Payroll and related expenses	25,646	29,125
Contingent consideration and acquisition-related liabilities	10,712	0
Financial access processing and related expenses	6,782	3,619
Operating lease liabilities	6,436	5,663
Accrued interest	4,316	9,273
Accrued taxes	3,821	2,756
Other	6,245	4,291
Total accounts payable and accrued expenses	$ 209,766	$ 173,933

LONG-TERM DEBT - Schedule of Ou

LONG-TERM DEBT - Schedule of Outstanding Indebtedness (Details) - USD ($)	9 Months Ended
	Sep. 30, 2022	Dec. 31, 2021	Aug. 03, 2021	Dec. 31, 2019
Debt Instrument [Line Items]
Total debt	$ 994,000,000	$ 998,500,000
Debt issuance costs and discount	(15,123,000)	(16,975,000)
Total debt after debt issuance costs and discount	978,877,000	981,525,000
Current portion of long-term debt	(6,000,000)	(6,000,000)
Total long-term debt, net of current portion	972,877,000	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	$ 594,000,000	598,500,000
Senior secured notes | Senior secured notes | New Revolver
Debt Instrument [Line Items]
Total debt	594,000,000	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	9 Months Ended
	Aug. 03, 2021 USD ($)	Sep. 30, 2022 USD ($)	Sep. 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		4.76%	3.66%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($)	3 Months Ended			9 Months Ended
	Sep. 30, 2022	Jun. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 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)	89,972,000			89,972,000			91,313,000
Treasury stock (in shares)	29,286,000			29,286,000			25,683,000
Treasury stock acquired (in shares)	900,000		0	2,900,000	0
Treasury stock acquired (in usd per share)	$ 17.29			$ 16.87
Repurchase of shares	$ 16,015,000	$ 33,336,000		$ 49,400,000
Stock repurchase program, remaining authorized repurchase amount	$ 100,600,000			$ 100,600,000

WEIGHTED AVERAGE SHARES OF CO_3

WEIGHTED AVERAGE SHARES OF COMMON STOCK - Schedule of Weighted Average Number of Shares (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Weighted average shares
Weighted average number of common shares outstanding - basic (in shares)	90,014,000	90,322,000	91,039,000	88,688,000
Potential dilution from equity awards (in shares)	6,422,000	11,037,000	7,267,000	10,893,000
Weighted average number of common shares outstanding - diluted (in shares)	96,436,000	101,359,000	98,306,000	99,581,000
Anti-dilutive equity awards excluded from computation of earnings per share (in shares)	200,000	0	100,000	0

SHARE-BASED COMPENSATION - Summ

SHARE-BASED COMPENSATION - Summary of Award Activity (Details) - shares shares in Thousands	9 Months Ended
	Sep. 30, 2022
Stock Options
Stock Options
Outstanding (in shares)	7,073
Granted (in shares)	81
Exercised options (in shares)	(284)
Canceled or forfeited (in shares)	(25)
Outstanding (in shares)	6,845
Restricted Stock Units
Restricted Stock Units
Outstanding (in shares)	3,540
Granted (in shares)	1,276
Vested (in shares)	(1,978)
Canceled or forfeited (in shares)	(34)
Outstanding (in shares)	2,804
Common Stock
Restricted Stock Units
Number of shares available for grant (in shares)	3,700

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Income Tax Disclosure [Abstract]
Effective income tax rate	26%	(5.00%)	24.20%	2%
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		9 Months Ended
		Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Revenues
Total revenues		$ 204,318	$ 168,302	$ 577,156	$ 479,997
Costs and expenses
Operating expenses		56,354	47,121	161,230	133,320
Research and development		16,803	9,598	43,386	26,799
Depreciation		17,444	14,463	48,342	46,571
Amortization		15,303	14,596	43,582	43,680
Total costs and expenses		149,700	113,229	415,398	330,341
Operating income		54,618	55,073	161,758	149,656
Total assets
Total assets		1,669,523		1,669,523		$ 1,635,650
Games
Revenues
Total revenues		112,520	95,833	323,203	271,321
Costs and expenses
Cost of revenues	[1]	29,102	19,178	81,395	54,834
Operating expenses		19,860	16,711	57,886	48,871
Research and development		11,298	6,445	28,395	17,966
Depreciation		15,006	12,495	41,321	41,122
Amortization		11,472	10,805	31,744	32,464
Total costs and expenses		86,738	65,634	240,741	195,257
Operating income		25,782	30,199	82,462	76,064
Total assets
Total assets		909,973		909,973		913,880
Games | Gaming operations
Revenues
Total revenues		74,979	71,580	219,311	202,941
Costs and expenses
Cost of revenues	[1]	6,557	5,675	18,674	15,776
Games | Gaming equipment and systems
Revenues
Total revenues		37,500	24,220	103,766	68,298
Costs and expenses
Cost of revenues	[1]	22,545	13,503	62,721	39,058
Games | Gaming other
Revenues
Total revenues		41	33	126	82
FinTech
Revenues
Total revenues		91,798	72,469	253,953	208,676
Costs and expenses
Cost of revenues	[1]	14,694	8,273	37,463	25,137
Operating expenses		36,494	30,410	103,344	84,449
Research and development		5,505	3,153	14,991	8,833
Depreciation		2,438	1,968	7,021	5,449
Amortization		3,831	3,791	11,838	11,216
Total costs and expenses		62,962	47,595	174,657	135,084
Operating income		28,836	24,874	79,296	73,592
Total assets
Total assets		759,550		759,550		$ 721,770
FinTech | Financial access services
Revenues
Total revenues		53,296	46,421	154,051	129,973
Costs and expenses
Cost of revenues	[1]	2,760	1,830	7,405	4,863
FinTech | Software and other
Revenues
Total revenues		22,192	17,024	59,056	49,874
Costs and expenses
Cost of revenues	[1]	1,163	1,063	2,984	3,196
FinTech | Hardware
Revenues
Total revenues		16,310	9,024	40,846	28,829
Costs and expenses
Cost of revenues	[1]	$ 10,771	$ 5,380	$ 27,074	$ 17,078
[1](1) Exclusive of depreciation and amortization. EVERI HOLDINGS INC. AND SUBSIDIARIES UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - CONTINUED (In thousands, except earnings per share amounts)

SEGMENT INFORMATION - Major Cus

SEGMENT INFORMATION - Major Customers (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2021
Five largest customers | Customer risk | Revenue from Contract with Customer
Revenue, Major Customer [Line Items]
Concentration risk, percentage	14%	16%	16%

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - Subsequent Event $ in Millions	Oct. 17, 2022 USD ($)
Subsequent Event [Line Items]
Payment for asset acquisition	$ 18
Minimum
Subsequent Event [Line Items]
Total cash consideration	2
Maximum
Subsequent Event [Line Items]
Total cash consideration	$ 6