Everi (EVRI) 10-Q 12 Nov 24 2024 Q3 Quarterly report Financial data

Cover

Cover - shares	9 Months Ended
	Sep. 30, 2024	Nov. 08, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2024
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		86,246,581
Entity Central Index Key	0001318568
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Revenues
Total revenues		$ 187,851	$ 206,600	$ 568,387	$ 615,789
Costs and expenses
Operating expenses		72,745	61,014	212,726	181,596
Research and development		18,457	16,120	57,753	48,853
Depreciation		28,199	19,902	67,877	58,373
Amortization		16,096	15,202	47,775	43,739
Total costs and expenses		176,422	154,153	502,145	458,024
Operating income		11,429	52,447	66,242	157,765
Other expenses
Interest expense, net of interest income		18,623	19,925	56,060	58,031
Total other expenses		18,623	19,925	56,060	58,031
(Loss) income before income tax		(7,194)	32,522	10,182	99,734
Income tax (benefit) provision		(4,620)	5,879	(971)	17,629
Net (loss) income		(2,574)	26,643	11,153	82,105
Foreign currency translation gain (loss)		1,738	(1,602)	722	(1,670)
Comprehensive (loss) income		$ (836)	$ 25,041	$ 11,875	$ 80,435
(Loss) earnings per share
Basic (in dollars per share)		$ (0.03)	$ 0.31	$ 0.13	$ 0.93
Diluted (in dollars per share)		$ (0.03)	$ 0.29	$ 0.13	$ 0.88
Weighted average common shares outstanding
Basic (in shares)		85,525	87,221	84,609	87,925
Diluted (in shares)		85,525	91,245	87,714	93,162
Games
Revenues
Total revenues		$ 91,546	$ 111,538	$ 286,339	$ 332,044
Costs and expenses
Total cost of revenues(3)	[1]	27,271	28,602	75,948	84,186
Operating expenses		30,091	22,805	88,060	64,574
Research and development		12,199	10,065	36,673	31,890
Depreciation		25,454	17,492	59,756	50,997
Amortization		11,914	11,153	35,207	32,304
Total costs and expenses		106,929	90,117	295,644	263,951
Operating income		(15,383)	21,421	(9,305)	68,093
Games | Gaming operations
Revenues
Total revenues		67,158	78,400	211,716	231,490
Costs and expenses
Total cost of revenues(3)	[1]	12,674	10,363	32,025	25,557
Games | Gaming equipment and systems
Revenues
Total revenues		24,388	33,138	74,623	100,554
Costs and expenses
Total cost of revenues(3)	[1]	14,597	18,239	43,923	58,629
FinTech
Revenues
Total revenues		96,305	95,062	282,048	283,745
Costs and expenses
Total cost of revenues(3)	[1]	13,654	13,313	40,066	41,277
Operating expenses		42,654	38,209	124,666	117,022
Research and development		6,258	6,055	21,080	16,963
Depreciation		2,745	2,410	8,121	7,376
Amortization		4,182	4,049	12,568	11,435
Total costs and expenses		69,493	64,036	206,501	194,073
Operating income		26,812	31,026	75,547	89,672
FinTech | Financial access services
Revenues
Total revenues		58,494	57,158	173,446	169,032
Costs and expenses
Total cost of revenues(3)	[1]	2,532	2,925	7,694	8,521
FinTech | Software and other
Revenues
Total revenues		26,958	24,838	77,484	73,048
Costs and expenses
Total cost of revenues(3)	[1]	3,586	1,484	10,203	4,830
FinTech | Hardware
Revenues
Total revenues		10,853	13,066	31,118	41,665
Costs and expenses
Total cost of revenues(3)	[1]	$ 7,536	$ 8,904	$ 22,169	$ 27,926
[1] Exclusive of depreciation and amortization.

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 595,955	$ 267,215
Settlement receivables	81,921	441,852
Trade and other receivables, net of allowances for credit losses of $5,367 and $5,210 at September 30, 2024 and December 31, 2023, respectively	102,030	107,933
Inventory	74,922	70,624
Prepaid expenses and other current assets	53,135	43,906
Total current assets	907,963	931,530
Non-current assets
Property and equipment, net	163,631	152,704
Goodwill	738,010	737,804
Other intangible assets, net	222,067	234,138
Other receivables	37,202	29,015
Deferred tax assets, net	595	598
Other assets	35,103	38,081
Total non-current assets	1,196,608	1,192,340
Total assets	2,104,571	2,123,870
Current liabilities
Settlement liabilities	635,491	662,967
Accounts payable and accrued expenses	215,415	215,530
Current portion of long-term debt	4,500	6,000
Total current liabilities	855,406	884,497
Non-current liabilities
Deferred tax liabilities, net	5,112	13,762
Long-term debt, less current portion	965,817	968,465
Other accrued expenses and liabilities	26,617	31,004
Total non-current liabilities	997,546	1,013,231
Total liabilities	1,852,952	1,897,728
Commitments and contingencies (Note 12)
Stockholders’ equity
Convertible preferred stock, $0.001 par value, 50,000 shares authorized and no shares outstanding at September 30, 2024 and December 31, 2023, respectively	0	0
Common stock, $0.001 par value, 500,000 shares authorized and 125,486 and 86,035 shares issued and outstanding at September 30, 2024, respectively, and 123,179 and 83,738 shares issued and outstanding at December 31, 2023, respectively	126	123
Additional paid-in capital	574,641	560,945
Retained earnings	73,884	62,731
Accumulated other comprehensive loss	(2,745)	(3,467)
Treasury stock, at cost, 39,451 and 39,441 shares at September 30, 2024 and December 31, 2023, respectively	(394,287)	(394,190)
Total stockholders’ equity	251,619	226,142
Total liabilities and stockholders’ equity	$ 2,104,571	$ 2,123,870

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Current assets
Allowances for doubtful accounts	$ 5,367	$ 5,210
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)	125,486,000	123,179,000
Common stock outstanding (in shares)	86,035,000	83,738,000
Treasury stock (in shares)	39,451,000	39,441,000

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities
Net income	$ 11,153	$ 82,105
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	67,877	58,373
Amortization	47,775	43,739
Non-cash lease expense	4,491	4,167
Amortization of financing costs and discounts	2,140	2,140
Loss on sale or disposal of assets	771	459
Accretion of contract rights	7,005	7,005
Provision for credit losses	8,333	8,861
Deferred income taxes	(8,620)	12,270
Reserve for inventory obsolescence	4,588	1,466
Stock-based compensation	7,441	14,185
Adjustment to deferred acquisition consideration	(161)	0
Changes in operating assets and liabilities:
Settlement receivables	359,894	24,219
Trade and other receivables	(10,598)	(2,583)
Inventory	(7,784)	(13,444)
Prepaid expenses and other assets	(7,684)	(4,299)
Settlement liabilities	(27,426)	(56,995)
Accounts payable and accrued expenses	(260)	(20,655)
Net cash provided by operating activities	458,935	161,013
Cash flows from investing activities
Capital expenditures	(124,023)	(97,523)
Acquisitions, net of cash acquired	0	(59,405)
Proceeds from sale of property and equipment	103	145
Net cash used in investing activities	(123,920)	(156,783)
Cash flows from financing activities
Repayments of term loan	(6,000)	(6,000)
Proceeds from exercise of stock options	6,168	13,935
Treasury stock - equity award activities, net of shares withheld	(96)	(8,126)
Treasury stock - repurchase of shares	0	(73,938)
Payment of deferred acquisition consideration	(4,411)	(10,451)
Net cash used in financing activities	(4,339)	(84,580)
Effect of exchange rates on cash and cash equivalents	259	(583)
Cash, cash equivalents and restricted cash
Net increase (decrease) for the period	330,935	(80,933)
Balance, beginning of the period	272,506	295,063
Balance, end of the period	603,441	214,130
Supplemental cash disclosures
Cash paid for interest	71,566	69,003
Cash received for interest	11,452	8,900
Cash paid for income tax, net	11,514	5,076
Supplemental non-cash disclosures
Accrued and unpaid capital expenditures	3,571	2,401
Transfer of leased gaming equipment to inventory	$ 5,682	$ 5,550

UNAUDITED CONDENSED CONSOLIDA_5

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings/Accumulated Deficit	Accumulated Other Comprehensive Loss	Treasury Stock
Balance, beginning of period (in shares) at Dec. 31, 2022		119,390
Balance, beginning of period at Dec. 31, 2022	$ 217,641	$ 119	$ 527,465	$ (21,266)	$ (4,197)	$ (284,480)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	28,066			28,066
Foreign currency translation	(186)				(186)
Stock-based compensation expense	4,825		4,825
Exercise of options (in shares)		702
Exercise of options	5,234	$ 1	5,233
Restricted share vesting and withholding (in shares)		53
Restricted stock vesting, net of shares withheld	(333)					(333)
Balance, end of period (in shares) at Mar. 31, 2023		120,145
Balance, end of period at Mar. 31, 2023	255,247	$ 120	537,523	6,800	(4,383)	(284,813)
Balance, beginning of period (in shares) at Dec. 31, 2022		119,390
Balance, beginning of period at Dec. 31, 2022	217,641	$ 119	527,465	(21,266)	(4,197)	(284,480)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	82,105
Balance, end of period (in shares) at Sep. 30, 2023		123,147
Balance, end of period at Sep. 30, 2023	243,534	$ 123	556,287	60,839	(5,867)	(367,848)
Balance, beginning of period (in shares) at Mar. 31, 2023		120,145
Balance, beginning of period at Mar. 31, 2023	255,247	$ 120	537,523	6,800	(4,383)	(284,813)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	27,396			27,396
Foreign currency translation	118				118
Stock-based compensation expense	4,828		4,828
Exercise of options (in shares)		494
Exercise of options	2,353		2,353
Restricted share vesting and withholding (in shares)		1,656
Restricted stock vesting, net of shares withheld	(7,736)	$ 2				(7,738)
Repurchase of shares	(40,023)					(40,023)
Balance, end of period (in shares) at Jun. 30, 2023		122,295
Balance, end of period at Jun. 30, 2023	242,183	$ 122	544,704	34,196	(4,265)	(332,574)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	26,643			26,643
Foreign currency translation	(1,602)				(1,602)
Stock-based compensation expense	4,532		4,532
Exercise of options (in shares)		841
Exercise of options	5,997	$ 1	7,052			(1,056)
Restricted share vesting and withholding (in shares)		11
Restricted stock vesting, net of shares withheld	(56)		(1)			(55)
Repurchase of shares	(34,163)					(34,163)
Balance, end of period (in shares) at Sep. 30, 2023		123,147
Balance, end of period at Sep. 30, 2023	$ 243,534	$ 123	556,287	60,839	(5,867)	(367,848)
Balance, beginning of period (in shares) at Dec. 31, 2023	83,738	123,179
Balance, beginning of period at Dec. 31, 2023	$ 226,142	$ 123	560,945	62,731	(3,467)	(394,190)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	4,554			4,554
Foreign currency translation	(1,693)				(1,693)
Stock-based compensation expense	1,942		1,942
Exercise of options (in shares)		81
Exercise of options	447		447
Restricted share vesting and withholding (in shares)		27
Restricted stock vesting, net of shares withheld	(97)					(97)
Balance, end of period (in shares) at Mar. 31, 2024		123,287
Balance, end of period at Mar. 31, 2024	$ 231,295	$ 123	563,334	67,285	(5,160)	(394,287)
Balance, beginning of period (in shares) at Dec. 31, 2023	83,738	123,179
Balance, beginning of period at Dec. 31, 2023	$ 226,142	$ 123	560,945	62,731	(3,467)	(394,190)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	$ 11,153
Balance, end of period (in shares) at Sep. 30, 2024	86,035	125,486
Balance, end of period at Sep. 30, 2024	$ 251,619	$ 126	574,641	73,884	(2,745)	(394,287)
Balance, beginning of period (in shares) at Mar. 31, 2024		123,287
Balance, beginning of period at Mar. 31, 2024	231,295	$ 123	563,334	67,285	(5,160)	(394,287)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	9,173			9,173
Foreign currency translation	677				677
Stock-based compensation expense	2,684		2,684
Exercise of options (in shares)		567
Exercise of options	1,760	$ 1	1,759
Restricted share vesting and withholding (in shares)		724
Restricted stock vesting, net of shares withheld	1	$ 1
Balance, end of period (in shares) at Jun. 30, 2024		124,578
Balance, end of period at Jun. 30, 2024	245,590	$ 125	567,777	76,458	(4,483)	(394,287)
Increase (Decrease) in Stockholders' Equity
Net income (loss)	(2,574)			(2,574)
Foreign currency translation	1,738				1,738
Stock-based compensation expense	2,815		2,815
Exercise of options (in shares)		742
Exercise of options	4,050	$ 1	4,049
Restricted share vesting and withholding (in shares)		166
Restricted stock vesting, net of shares withheld	$ 0
Balance, end of period (in shares) at Sep. 30, 2024	86,035	125,486
Balance, end of period at Sep. 30, 2024	$ 251,619	$ 126	$ 574,641	$ 73,884	$ (2,745)	$ (394,287)

BUSINESS

BUSINESS	9 Months Ended
	Sep. 30, 2024
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 develops and offers products and services that provide gaming entertainment, improve our customers’ patron engagement, and help our casino customers operate their businesses more efficiently. We develop and supply entertaining game content, gaming machines and gaming systems and services for land-based and iGaming operators. Everi is a provider of financial technology solutions that power casino floors, provide operational efficiencies, and help fulfill regulatory requirements. The Company also develops and supplies player loyalty tools and mobile-first applications that enhance patron engagement for our customers and venues in the casino, sports, entertainment and hospitality industries. In addition, the Company provides bingo solutions through its consoles, electronic gaming tablets and related systems. Everi reports its financial performance, and organizes and manages its operations, across the following two business segments: (i) Games and (ii) FinTech. Everi Games provides gaming operators with gaming technology and entertainment products and services, including: (i) gaming machines, primarily comprising Class II, Class III and Historic Horse Racing (“HHR”) slot machines placed under participation and 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; (iii) business-to-business (“B2B”) digital online gaming activities; and (iv) bingo solutions through consoles, integrated electronic gaming tablets and related systems. 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. We also develop and offer mobile-first applications aimed at enhancing patron engagement for customers in the casino, sports, entertainment, and hospitality industries. Our solutions are secured using an end-to-end security suite to protect against cyber-related attacks, allowing us to maintain appropriate levels of security. 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.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2024
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 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, 2024 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 on Form 10-K for the year ended December 31, 2023 (the “Annual Report”). 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 cash held on behalf of patrons and funds required to be held to cover underlying financial access service transactions. 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 Statements of Cash Flows for the nine months ended September 30, 2024 (in thousands). Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Cash and cash equivalents Cash and cash equivalents $ 595,955 $ 267,215 Restricted cash - current Prepaid expenses and other current assets 7,385 5,190 Restricted cash - non-current Other assets 101 101 Total $ 603,441 $ 272,506 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, short-term 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, which represent Level 2 inputs. The fair value of long-term accounts payable is estimated by discounting the total obligation. As of September 30, 2024 and December 31, 2023, 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 (in thousands): Level of Hierarchy Fair Value Outstanding Balance September 30, 2024 $600 million Term Loan 2 $ 582,677 $ 580,500 $400 million Unsecured Notes 2 $ 398,000 $ 400,000 December 31, 2023 $600 million Term Loan 2 $ 589,433 $ 586,500 $400 million Unsecured Notes 2 $ 365,000 $ 400,000 The fair values of our borrowings were determined using Level 2 inputs based on quoted market prices for these securities. Reclassification of Balances Certain amounts in the accompanying Financial Statements have been reclassified to be consistent with the current year presentation. These reclassifications had no effect on net income for the prior periods. Recent Accounting Guidance Recently Adopted Accounting Guidance None. Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements Accounting Standards Update (“ASU”) 2023-07 , Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures The amendments in this update require enhanced reportable segment disclosures, primarily concerning significant segment expenses. December 31, 2024 We are currently evaluating the impact of adopting this ASU on our Financial Statements and our disclosures. ASU 2023-09 , Income Taxes (Topic 740): Improvements to Income Tax Disclosure The amendments in this update require enhanced income tax disclosures, primarily concerning the rate reconciliation and income taxes paid information. December 31, 2025 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures. ASU 2024-03 , Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Topic 220): The amendments in this update require disclosure, in the notes to financial statements, of specified information about certain costs and expenses. December 31, 2027 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures. As of September 30, 2024, other than what has been described above, we do not anticipate recently issued accounting guidance to have a significant impact on our Financial Statements.

REVENUES

REVENUES	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUES	REVENUES 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 17 — Segment Information.” Contract Balances Since our contracts may include multiple performance obligations, there is often a timing difference between cash collections and the satisfaction of such performance obligations and revenue recognition. Such arrangements are evaluated to determine whether contract assets and liabilities exist. We generally record contract assets when the timing of billing differs from when revenue is recognized due to contracts containing specific performance obligations that are required to be met prior to a customer being invoiced. We generally record contract liabilities when cash is collected in advance of us satisfying performance obligations, including those that are satisfied over a period of time. Balances of our contract assets and contract liabilities may fluctuate due to timing of cash collections. The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2024 2023 Contract assets (1) Balance, January 1 $ 26,635 $ 22,417 Balance, September 30 33,314 22,001 Increase (decrease) $ 6,679 $ (416) Contract liabilities (2) Balance, January 1 $ 51,799 $ 53,419 Balance, September 30 61,529 55,722 Increase $ 9,730 $ 2,303 1. Contract assets are included within trade and other receivables, net and other receivables in our Balance Sheets. 2. Contract liabilities are included within accounts payable and accrued expenses and other accrued expenses and liabilities in our Balance Sheets. We recognized approximately $32.5 million and $38.6 million in revenue that was included in the beginning contract liabilities balance during the nine months ended September 30, 2024 and 2023, 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, integrated electronic bingo gaming tablets, VLTs installed in the State of New York and similar technology in certain tribal jurisdictions, 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; and (ii) Gaming Equipment and Systems. 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 $44.5 million and $136.1 million for the three and nine months ended September 30, 2024, respectively, and $52.7 million and $153.4 million for the three and nine months ended September 30, 2023, 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. We also develop and offer mobile-first applications aimed at enhancing patron engagement for customers in the casino, sports, entertainment, and hospitality industries. In addition, our services operate as part of an end-to-end security suite to protect against cyber-related attacks, allowing us to maintain appropriate levels of security. 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 significant financial access kiosk and related equipment sales contracts accounted for under ASC 842 during the three and nine months ended September 30, 2024 and 2023.

LEASES

LEASES	9 Months Ended
	Sep. 30, 2024
Leases [Abstract]
LEASES	LEASES Lessee Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Assets Operating lease right-of-use assets Other assets, non-current $ 23,925 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,656 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,357 $ 26,930 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cash paid for: Long-term operating leases $ 2,318 $ 1,902 $ 6,598 $ 5,476 Short-term operating leases $ 613 $ 496 $ 1,725 $ 1,341 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ — $ — $ 922 $ 852 Other information related to lease terms and discount rates is as follows: At September 30, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.54 6.71 Weighted average discount rate: Operating leases 6.26 % 6.08 % Components of lease expense are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease cost: Operating lease cost $ 1,943 $ 1,632 $ 5,841 $ 4,668 Variable lease cost $ 315 $ 401 $ 1,098 $ 1,026 Maturities of lease liabilities are summarized as follows as of September 30, 2024 (in thousands): Year Ending December 31, Amount 2024 (excluding the nine months ended September 30, 2024) $ 2,345 2025 9,030 2026 5,377 2027 3,217 2028 2,813 Thereafter 14,765 Total future minimum lease payments 37,547 Less: Amount representing interest 7,534 Present value of future minimum lease payments 30,013 Less: Current operating lease obligations 7,656 Long-term lease obligations $ 22,357 Lessor Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 2,304 $ 810
LEASES	LEASES Lessee Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Assets Operating lease right-of-use assets Other assets, non-current $ 23,925 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,656 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,357 $ 26,930 Supplemental cash flow information related to leases is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Cash paid for: Long-term operating leases $ 2,318 $ 1,902 $ 6,598 $ 5,476 Short-term operating leases $ 613 $ 496 $ 1,725 $ 1,341 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ — $ — $ 922 $ 852 Other information related to lease terms and discount rates is as follows: At September 30, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.54 6.71 Weighted average discount rate: Operating leases 6.26 % 6.08 % Components of lease expense are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease cost: Operating lease cost $ 1,943 $ 1,632 $ 5,841 $ 4,668 Variable lease cost $ 315 $ 401 $ 1,098 $ 1,026 Maturities of lease liabilities are summarized as follows as of September 30, 2024 (in thousands): Year Ending December 31, Amount 2024 (excluding the nine months ended September 30, 2024) $ 2,345 2025 9,030 2026 5,377 2027 3,217 2028 2,813 Thereafter 14,765 Total future minimum lease payments 37,547 Less: Amount representing interest 7,534 Present value of future minimum lease payments 30,013 Less: Current operating lease obligations 7,656 Long-term lease obligations $ 22,357 Lessor Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 2,304 $ 810

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	9 Months Ended
	Sep. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [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 starting from the acquisition date. Pending Proposed Merger On February 28, 2024, the Company entered into definitive agreements with, among others, International Game Technology PLC, a public limited company incorporated under the laws of England and Wales (“IGT”), pursuant to which IGT agreed to spin-off a newly created subsidiary, which will own IGT’s Gaming & Digital business (“IGT Gaming”), with the Company acquiring IGT Gaming in a series of transactions (the “Original Proposed Transaction”). Upon the closing of the Original Proposed Transaction, under the terms of the agreements, IGT shareholders were expected to own approximately 54% of the combined company, with the Company’s existing stockholders expected to own approximately 46% of the combined company. On February 28, 2024, the Company and Ignite Rotate LLC, a subsidiary of IGT (“Spinco”), entered into a debt commitment letter and related letters with the lenders specified therein. On March 29, 2024, the Company and Spinco entered into an amended and restated debt commitment letter and related amended and restated letters (as amended, the “Commitment Letter”), pursuant to which the lenders committed to provide the Company and such subsidiary with up to $3.7 billion, together with a revolver of $0.8 billion, used to refinance the existing debt of the Company and its subsidiaries, and distribute funds to IGT, with the remainder to be used to pay the combined company’s fees, costs and expenses in connection with the Original Proposed Transaction, subject to the satisfaction of certain customary closing conditions including the consummation of the Original Proposed Transaction described above. In connection with the Original Proposed Transaction, we incurred transaction costs of approximately $1.2 million and $16.2 million during the three and nine months ended September 30, 2024, respectively, which are included within Operating Expenses of our Statements of Operations. On July 26, 2024, the Company entered into definitive agreements with, among others, IGT and Voyager Parent, LLC, a Delaware limited liability company (“Buyer”), whereby IGT Gaming and Everi will be simultaneously acquired by Buyer in an all-cash transaction (the “Proposed Transaction”). Following closing, IGT Gaming and Everi will be privately owned companies that are part of one combined enterprise and Everi’s common stock will be delisted from the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934, as amended. Under the terms of the agreements, Everi stockholders will receive $14.25 per share in cash (subject to adjustment for any stock or interest split, division or subdivision of shares, stock dividend, reverse stock split, combination of shares, reclassification, recapitalization, or other similar transaction) and IGT will receive $4.1 billion of gross cash proceeds for IGT Gaming, subject to customary transaction adjustments in accordance with the definitive agreements. The acquisitions of IGT Gaming and Everi by Buyer are cross-conditioned. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals and approval by Everi stockholders. In addition, on July 26, 2024, immediately prior to and in connection with the entry into the definitive agreements for the Proposed Transaction, each of the definitive agreements for the Original Proposed Transaction, including the Commitment Letter, was terminated by mutual consent of the respective parties thereto, effective immediately. There were no termination or other penalties surrounding the termination of such agreements. Buyer has obtained equity financing commitments and debt financing commitments for the purpose of funding the Proposed Transaction and paying related fees and expenses. Certain funds managed by affiliates of Apollo Global Management, Inc. (the “Guarantors”) have committed to invest in Buyer an aggregate amount of up to $2.3 billion, subject to the terms and conditions set forth in the equity commitment letter, and have entered into a limited guarantee in favor of IGT and the Company, pursuant to which the Guarantors are guaranteeing certain obligations of Buyer in connection with the merger agreement relating to the Proposed Transaction, including the termination fee and certain other fees, indemnities, and expenses, subject to a maximum aggregate liability cap. In addition, certain debt financing sources have committed to lend an aggregate principal amount of up to $4.3 billion, together with a committed revolving credit facility in an aggregate principal amount of up to $0.8 billion, to Buyer for the purpose of funding the Proposed Transaction, subject to the terms and conditions set forth in the debt commitment letter and any related fee letter. In addition, De Agostini S.p.A., a società per azioni organization under the laws of Italy and the controlling shareholder of IGT (“De Agostini”), has entered into a letter agreement with an affiliate of Buyer, pursuant to which De Agostini will make a minority investment in an indirect parent of Buyer. In connection with the Proposed Transaction, we incurred transaction costs of approximately $4.6 million and $5.4 million during the three and nine months ended September 30, 2024, respectively, and employee retention costs of approximately $2.4 million and $7.8 million during the three and nine months ended September 30, 2024, respectively, which are included within Operating Expenses of our Statements of Operations. eCash Holdings Pty Limited On March 1, 2022 (the “eCash Closing Date”), the Company acquired the stock of eCash Holdings Pty Limited (“eCash”). Under the terms of the stock purchase agreement, we paid the seller AUD$20 million (approximately USD$15 million) on the eCash Closing Date, additional consideration of AUD$5.0 million (USD$3.4 million) approximately one year following the eCash Closing Date and additional consideration of AUD$6.5 million (USD$4.2 million) approximately two years following the eCash Closing Date. In addition, we paid approximately AUD$8.7 million (USD$6.0 million) for the excess net working capital during the second quarter of 2022. We finalized our measurement period adjustments and recorded approximately $2.3 million primarily related to deferred taxes during the first quarter of 2023. The acquisition did not have a significant impact on our results of operations or financial condition. Intuicode Gaming Corporation On April 30, 2022 (the “Intuicode Closing Date”), the Company acquired the stock of Intuicode Gaming Corporation (“Intuicode”), a privately owned game development and engineering firm focused on HHR games. Under the terms of the stock purchase agreement, we paid the seller $12.5 million on the Intuicode Closing Date of the transaction, a net working capital payment of $1.6 million during the second quarter of 2022 and $6.4 million based on the achievement of a certain revenue target one year following the Intuicode Closing Date. In addition, we owe approximately $2.4 million as a final payment based on the achievement of a certain revenue target two years following the Intuicode Closing Date. We finalized our measurement period adjustments and recorded approximately $1.3 million primarily related to the final payment and deferred taxes during the second quarter of 2023. During the second quarter of 2024, the contingent consideration performance period ended and we revised our final payment estimate. As a result, we recorded an adjustment of approximately $0.2 million, which was included within Operating Expenses of our Statements of Operations. The acquisition did not have a significant impact on our results of operations or financial condition. The fair value of the contingent consideration was based on Level 3 inputs utilizing a discounted cash flow methodology. The estimates and assumptions included projected future revenues of the acquired business and a discount rate of approximately 5%. Contingent consideration to be paid is comprised of a short-term component that is recorded in accounts payable and accrued expenses in our Balance Sheets. The change in fair value of the contingent consideration during the period ended September 30, 2024 was not material. Venuetize, Inc. On October 14, 2022 (the “Venuetize 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. Under the terms of the asset purchase agreement, we paid the seller $18.2 million on the Venuetize Closing Date of the transaction and an immaterial amount twelve-months following the Venuetize Closing Date that was netted against a net working capital receivable of approximately $1.0 million. In addition, we expect to pay approximately $1.8 million in contingent consideration based upon the achievement of certain revenue targets on the twenty-four month and thirty-month anniversaries of the Venuetize Closing Date. We finalized our measurement period adjustments and recorded approximately $1.2 million primarily related to the net working capital receivable and deferred taxes during the fourth quarter of 2023. The acquisition did not have a significant impact on our results of operations or financial condition. 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 7%. Contingent consideration to be paid is comprised of a short-term component that is recorded in accounts payable and accrued expenses in our Balance Sheets. The change in fair value of the contingent consideration during the period ended September 30, 2024 was not material. VKGS LLC On May 1, 2023 (the “Video King Closing Date”), the Company acquired certain strategic assets of VKGS LLC (“Video King”), a privately owned leading provider of integrated electronic bingo gaming tablets, video gaming content, instant win games and systems. Under the terms of the purchase agreement, we paid the seller approximately $61.0 million, inclusive of a net working capital payment on the Video King Closing Date. We also made an additional net working capital payment of $0.3 million post-closing, early in the third quarter of 2023. In addition, we paid the seller approximately $0.2 million related to an indemnity holdback post-closing, during the fourth quarter of 2024, which was scheduled for release on the eighteen-month anniversary of the Video King Closing Date. We finalized our measurement period adjustments and recorded an immaterial amount related to deferred taxes during the quarter ended March 31, 2024. The acquisition did not have a significant impact on our results of operations or financial condition. Pro-forma financial information (unaudited) The acquisition related to Video King occurred during fiscal 2023; therefore, it is included in our Financial Statements for the three and nine months ended September 30, 2024. The unaudited pro forma financial data on a consolidated basis, including the historical operating results of the Company, assuming the Video King acquisition occurred on January 1, 2022, reflected revenue of approximately $206.6 million and $625.0 million and net income of approximately $26.6 million and $81.9 million for the three and nine months ended September 30, 2023, respectively. The acquisitions related to eCash, Intuicode and Venuetize occurred during fiscal 2022; therefore, each are included in our Financial Statements for the three and nine months ended September 30, 2024 and 2023, respectively. 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, 2024
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 $4.8 million and $14.4 million for the three and nine months ended September 30, 2024, respectively, and $5.1 million and $15.3 million for the three and nine months ended September 30, 2023, respectively. We are exposed to interest rate risk to the extent that the applicable rates increase. Under these agreements, the currency supplied by third party vendors remain their sole property until the funds are dispensed. As these funds are not our assets, supplied cash is not reflected in our Balance Sheets. 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 $450 million with the ability to increase the amount permitted by the vault cash provider. The term of the agreement expires on December 1, 2026 and will automatically renew for additional one-year periods unless either party provides a ninety-day written notice of its intent not to renew. The outstanding balance of funds provided in connection with this arrangement were approximately $230.5 million and $388.5 million as of September 30, 2024 and December 31, 2023, respectively. 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, 2024 and 2023, respectively.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	9 Months Ended
	Sep. 30, 2024
Receivables [Abstract]
TRADE AND OTHER RECEIVABLES	TRADE AND OTHER RECEIVABLES Trade and other receivables represent short-term credit granted to customers and long-term loans receivable in connection with our Games and FinTech equipment and software, and compliance products. Trade and loans receivable generally do not require collateral. The balance of trade and loans receivable consists of outstanding balances owed to us by gaming operators. Other receivables include income tax receivables and other miscellaneous receivables. The balance of trade and other receivables consisted of the following (in thousands): At September 30, At December 31, 2024 2023 Trade and other receivables, net Games trade and loans receivable $ 53,542 $ 66,044 FinTech trade and loans receivable 42,900 39,795 Contract assets (1) 33,314 26,635 Other receivables 9,476 4,474 Total trade and other receivables, net 139,232 136,948 Non-current portion of receivables Games trade and loans receivable 2,220 480 FinTech trade and loans receivable 17,985 15,551 Contract assets (1) 16,997 12,984 Total non-current portion of receivables 37,202 29,015 Total trade and other receivables, current portion $ 102,030 $ 107,933 1. Refer to “Note 3 — Revenues” 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, 2024 and 2023 is as follows (in thousands): Nine Months Ended September 30, 2024 2023 Beginning allowance for credit losses $ (5,210) $ (4,855) Provision (8,333) (8,861) Charge-offs, net of recoveries 8,176 8,539 Ending allowance for credit losses $ (5,367) $ (5,177)

INVENTORY

INVENTORY	9 Months Ended
	Sep. 30, 2024
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, 2024 2023 Inventory Component parts $ 57,667 $ 59,632 Work-in-progress 1,619 1,147 Finished goods 15,636 9,845 Total inventory $ 74,922 $ 70,624 During the third quarter of 2024, we identified certain component parts that were no longer expected to be utilized to manufacture, refurbish, or support certain of our end-of-life electronic gaming devices, as discussed in “Note 9 — Property and Equipment . ” As a result, we increased our Games segment inventory reserves by approximately $3.5 million, of which $3.0 million was included within Gaming Operations Cost of Revenues and $0.5 million was included within Gaming Equipment and Systems Cost of Revenues of our Statements of Operations. We also determined that the expected utility of certain firm purchase commitments in our Games segment had declined resulting in a charge of approximately $3.8 million, which was included within Operating Expenses of our Statements of Operations.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Property and equipment consist of the following (in thousands): At September 30, 2024 At December 31, 2023 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-5 $ 299,590 $ 196,857 $ 102,733 $ 308,438 $ 218,110 $ 90,328 Rental pool - undeployed 2-5 52,399 41,220 11,179 39,578 29,770 9,808 FinTech equipment 1-5 31,545 23,089 8,456 32,719 21,911 10,808 Leasehold and building improvements Lease Term 19,828 6,313 13,515 19,271 4,887 14,384 Machinery, office, and other equipment 1-5 71,185 43,437 27,748 63,857 36,481 27,376 Total $ 474,547 $ 310,916 $ 163,631 $ 463,863 $ 311,159 $ 152,704 Depreciation expense related to property and equipment totaled approximately $28.2 million and $67.9 million for the three and nine months ended September 30, 2024, respectively, and $19.9 million and $58.4 million for the three and nine months ended September 30, 2023, respectively. During the third quarter of 2024, we determined that certain returned, end-of-life electronic gaming devices reflected in our Games segment were not likely to be re-deployed, primarily due to increased demand for our newer gaming devices, together with uncertainty in light of the Proposed Transaction discussed in “Note 5 — Business Combinations.” As a result, we shortened the remaining useful lives of these returned, end-of-life, electronic gaming devices and recorded a charge of approximately $6.4 million, which was included within Depreciation Expense of our Statements of Operations.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2024
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 $738.0 million and $737.8 million at September 30, 2024 and December 31, 2023, respectively. Other Intangible Assets Other intangible assets consist of the following (in thousands): At September 30, 2024 At December 31, 2023 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Other intangible assets Contract rights under placement fee agreements 2-7 $ 57,821 $ 28,597 $ 29,224 $ 57,821 $ 21,592 $ 36,229 Customer relationships 3-14 337,946 271,429 66,517 337,829 255,972 81,857 Developed technology and software 1-7 492,703 368,247 124,456 453,453 340,286 113,167 Patents, trademarks, and other 2-18 24,794 22,924 1,870 24,783 21,898 2,885 Total $ 913,264 $ 691,197 $ 222,067 $ 873,886 $ 639,748 $ 234,138 Amortization expense related to other intangible assets was approximately $16.1 million and $47.8 million for the three and nine months ended September 30, 2024, respectively, and $15.2 million and $43.7 million for the three and nine months ended September 30, 2023, respectively.

LONG-TERM DEBT

LONG-TERM DEBT	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT The following table summarizes our indebtedness (in thousands): Maturity Interest At September 30, At December 31, Date Rate 2024 2023 Long-term debt $600 million Term Loan 2028 SOFR+CSA+2.50% $ 580,500 $ 586,500 $125 million Revolver 2026 SOFR+CSA+2.50% — — Senior Secured Credit Facilities 580,500 586,500 $400 million Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 980,500 986,500 Debt issuance costs and discount (10,183) (12,035) Total debt after debt issuance costs and discount 970,317 974,465 Current portion of long-term debt (4,500) (6,000) Total long-term debt, net of current portion $ 965,817 $ 968,465 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 “Term Loan”); and (ii) a $125 million senior secured revolving credit facility due 2026, which was undrawn at closing (the “Revolver” and together with the Term Loan, the “Credit Facilities”). The Company, as borrower, entered into the credit agreement dated as of August 3, 2021, 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 “Original Credit Agreement”). On June 23, 2023, the Company entered into the first amendment (the “Amendment”) to the Original Credit Agreement (as amended, the “Amended Credit Agreement”), among Everi, as borrower, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and letter of credit issuer. Under the Amended Credit Agreement, the Secured Overnight Financing Rate (“SOFR”) replaced the Eurodollar Rate for all purposes under the Original Credit Agreement and under any other Loan Document (as defined therein) on July 1, 2023, when the ICE Benchmark Administration ceased to provide all available tenors of the Eurodollar Rate. In connection with such implementation of SOFR, the Company and Jefferies Finance LLC agreed to make conforming changes to the relevant provisions of the Original Credit Agreement, as reflected in the Amended Credit Agreement. On November 2, 2023, the Company entered into the second amendment (the “Second Amendment”), effective November 9, 2023, to the Original Credit Agreement and the Amended Credit Agreement (as amended, the “Credit Agreement”), among Everi, as borrower, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and letter of credit issuer. Under the Amended Credit Agreement, capitalized terms not otherwise defined in this Second Amendment have the same meanings as specified in the Original Credit Agreement or the Amended Credit Agreement, as the context may require; and pursuant to the Amended Credit Agreement, the borrower and the administrative agent jointly identified certain obvious errors of a technical nature in the Amended Credit Agreement and have agreed to amend the Amended Credit Agreement to correct such errors. The interest rate per annum applicable to the Credit Facilities will be, at the Company’s option, either the SOFR, inclusive of the credit spread adjustment (“CSA”) with a 0.50% floor plus a margin of 2.50%, or the base rate plus a margin of 1.50%. In addition, the CSA is recorded as interest expense that varies for the applicable interest period, with an adjustment of 0.1% for interest periods of one month, an adjustment of 0.3% for interest periods of two months and an adjustment of 0.4% for interest periods of three months. Our Revolver remained fully undrawn as of September 30, 2024. The weighted average interest rate on the Term Loan was 7.92% and 7.94% for the three and nine months ended September 30, 2024, respectively. Senior Unsecured Notes Our senior unsecured notes issued in 2021 (the “2021 Unsecured Notes”) had an outstanding balance of $400.0 million as of September 30, 2024 that accrues interest 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 covenants and terms of the Credit Facilities and the 2021 Unsecured Notes as of September 30, 2024.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES We are involved in various legal proceedings in the ordinary course of our business. In addition, following the announcement of the Proposed Transaction, three purported stockholders of Everi filed complaints alleging that the definitive proxy statement for the Special Meeting of Everi stockholders omitted or misstated material information with respect to the Proposed Transaction and seeking supplemental disclosures and other equitable and legal relief. The complaints are entitled Clancy v. Everi Holdings Inc., et al ., No. 1:24-cv-07255-AS (S.D.N.Y. filed Sept. 25, 2024), Marino v. Everi Holdings Inc., et al ., No. tc241024-69 (N.Y. S. Ct. filed Oct. 24, 2024) and Miller v. Everi Holdings Inc., et al ., docket no. unassigned (N.Y. S. Ct. filed Oct. 25, 2024) (the “Complaints”). Thirteen other purported stockholders of Everi have sent demand letters to the Company making allegations and demands similar to those in the Complaints. It is possible that other complaints will be filed or demand letters received. 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 that 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. 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 was completed in December 2022. The parties are awaiting further guidance from the court. Due to the current stage of the litigation, we are 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 (“Zenergy”), 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 parties participated in mediation on March 21, 2023. No settlement was reached at mediation. The parties filed a joint motion to set a firm trial date which the court granted. The case is on the court's May 28, 2025 trial calendar. Due to the current stage of the litigation, we are 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. On May 4, 2023, the United States District Court entered an order remanding the case to the District Court of Nevada, Clark County. On August 16, 2024, a settlement conference was held wherein the parties reached a resolution. The court entered an order of dismissal on September 11, 2024. This matter is now closed. In addition, we have commitments with respect to certain lease obligations discussed in “Note 4 — Leases,” installment payments under our purchase agreements discussed in “Note 5 — Business Combinations,”

STOCKHOLDERS' EQUITY

STOCKHOLDERS' EQUITY	9 Months Ended
	Sep. 30, 2024
Stockholders' Equity Note [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY On May 3, 2023, our Board of Directors authorized and approved a share repurchase program in an amount not to exceed $180 million, pursuant to which we were authorized to purchase outstanding Company common stock in open market or privately negotiated transactions over a period of eighteen (18) months through November 3, 2024, in accordance with Company and regulatory policies and trading plans established in accordance with Rules 10b5-1 and 10b-18 of the Securities Exchange Act of 1934, as amended. On May 2, 2024, the Board of Directors canceled the share repurchase program. As of May 2, 2024, the Company had repurchased $100.0 million of Company common stock under the $180 million authorized share repurchase program. No shares were repurchased during the three and nine months ended September 30, 2024, and 2.4 million and 5.1 million shares were repurchased during the three and nine months ended September 30, 2023, respectively.

WEIGHTED AVERAGE SHARES OF COMM

WEIGHTED AVERAGE SHARES OF COMMON STOCK	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
WEIGHTED AVERAGE SHARES OF COMMON STOCK	WEIGHTED AVERAGE SHARES OF COMMON STOCK The weighted average number of common stock outstanding used in the computation of bas ic and diluted (loss) earnings pe r share is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Weighted average shares Weighted average number of common shares outstanding - basic 85,525 87,221 84,609 87,925 Potential dilution from equity awards (1) — 4,024 3,105 5,237 Weighted average number of common shares outstanding - diluted (1) 85,525 91,245 87,714 93,162 1. We were in a net loss position for the three months ended September 30, 2024; therefore, no potential dilution from the application of the treasury stock method was applicable for the period. The potential dilution excludes the weighted average effect of equity awards to purchase approximately 0.9 million shares that were anti-dilutive under the treasury stock method for the three months ended September 30, 2024. There were 0.8 million shares that were anti-dilutive under the treasury stock method for the nine months ended September 30, 2024 and 0.6 million and 0.2 million shares that were anti-dilutive under the treasury stock method for the three and nine months ended September 30, 2023, respectively.

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	9 Months Ended
	Sep. 30, 2024
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; and (ii) time-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, 2023 4,804 2,464 Granted 109 1,473 Exercised options or vested shares (1,390) (917) Canceled or forfeited (175) (201) Outstanding, September 30, 2024 3,348 2,819 There were approximately 4.5 million awards of our common stock available for future equity grants under our existing equity incentive plan at September 30, 2024, which included 3.6 million additional shares approved by our stockholders during the second quarter of 2024.

INCOME TAXES

INCOME TAXES	9 Months Ended
	Sep. 30, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The income tax benefit for the three months ended September 30, 2024 reflected an effective income tax rate of 64.2%, which was greater than the statutory federal rate of 21.0%, primarily due to a research credit, the benefit from equity award activities and the 2023 federal return-to-provision adjustments recorded in the current reporting period, partially offset by a valuation allowance on certain deferred tax assets. The income tax benefit for the nine months ended September 30, 2024 reflected an effective income tax rate of negative 9.5%, which was less than the statutory federal rate of 21.0%, primarily due to a research credit and the 2023 federal return-to-provision adjustments recorded in the current reporting period, partially offset by state taxes and a valuation allowance on certain deferred tax assets. The income tax provision for the three and nine months ended September 30, 2023 reflected an effective income tax rate of 18.1% and 17.7%, respectively, which was less than the statutory federal rate of 21.0%, respectively, primarily due to a research credit and the benefit from equity award activities, partially offset by state taxes and compensation deduction limitations. We have analyzed our positions in the federal, state and foreign jurisdictions where we are required to file income tax returns, as well as the open tax years in these jurisdictions. As of September 30, 2024, we recorded approximately $5.2 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.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2024
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 consists of the Chief Executive Officer and the Chief Financial Officer. Our CODM determined that our operating segments for conducting business are: (i) Games and (ii) FinTech. 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. Refer to “Note 1 — Business” for additional information regarding our operating segments. Corporate overhead expenses have been allocated to the segments either through specific identification or based on a reasonable methodology. In addition, we record depreciation and amortization expenses to the business segments. Our business is predominantly domestic with no specific regional concentrations that were material to our results of operations or financial condition, 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, 2024 2023 2024 2023 Games Revenues Gaming operations (1) $ 67,158 $ 78,400 $ 211,716 $ 231,490 Gaming equipment and systems 24,388 33,138 74,623 100,554 Total revenues 91,546 111,538 286,339 332,044 Costs and expenses Cost of revenues (2) Gaming operations 12,674 10,363 32,025 25,557 Gaming equipment and systems 14,597 18,239 43,923 58,629 Total cost of revenues (3) 27,271 28,602 75,948 84,186 Operating expenses (4) (5) (6) (7) (9) (10) (11) 30,091 22,805 88,060 64,574 Research and development 12,199 10,065 36,673 31,890 Depreciation (8) 25,454 17,492 59,756 50,997 Amortization 11,914 11,153 35,207 32,304 Total costs and expenses 106,929 90,117 295,644 263,951 Operating (loss) income $ (15,383) $ 21,421 $ (9,305) $ 68,093 1. Includes the accretion of contract rights of approximately $2.3 million and $7.0 million for each of the three and nine months ended September 30, 2024 and 2023, respectively. 2. Excludes depreciation and amortization. 3. Includes approximately $3.5 million of additional inventory reserves, of which $3.0 million was included within Gaming Operations Cost of Revenues and $0.5 million was included within Gaming Equipment and Systems Cost of Revenues, for the three and nine months ended September 30, 2024, respectively. 4. Includes approximately $2.1 million and $2.8 million of transaction costs related to the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 5. Includes approximately $1.2 million and $15.8 million of transaction costs related to the Original Proposed Transaction for the three and nine months ended September 30, 2024, respectively, and approximately $1.4 million for the three and nine months ended September 30, 2023, respectively. 6. Includes approximately $1.3 million and $4.0 million of employee retention costs for the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 7. Includes approximately $1.4 million and $2.1 million of severance costs related to the realignment of certain employee functions within the Games business for the three and nine months ended September 30, 2024, respectively, and approximately $0.4 million for the nine months ended September 30, 2023. 8. Includes approximately $6.4 million of depreciation charges for certain end-of-life electronic gaming devices returned from our install base for the three and nine months ended September 30, 2024, respectively. 9. Includes approximately $3.8 million of accrued charges for the decline in expected utility of certain firm purchase commitments for the three and nine months ended September 30, 2024, respectively. 10. Includes approximately $0.1 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the three and nine months ended September 30, 2024, respectively, and approximately $0.1 million and $0.4 million of other legal fees and professional expenses associated with the Video King asset acquisition for the three and nine months ended September 30, 2023. 11. Includes approximately $0.3 million and $0.5 million of office and warehouse consolidation expenses for the three and nine months ended September 30, 2023, respectively. * Rounding may cause variances. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 FinTech Revenues Financial access services $ 58,494 $ 57,158 $ 173,446 $ 169,032 Software and other 26,958 24,838 77,484 73,048 Hardware 10,853 13,066 31,118 41,665 Total revenues 96,305 95,062 282,048 283,745 Costs and expenses Cost of revenues (1) Financial access services 2,532 2,925 7,694 8,521 Software and other 3,586 1,484 10,203 4,830 Hardware 7,536 8,904 22,169 27,926 Total cost of revenues 13,654 13,313 40,066 41,277 Operating expenses (2) (3) (4) (5) (6) 42,654 38,209 124,666 117,022 Research and development 6,258 6,055 21,080 16,963 Depreciation 2,745 2,410 8,121 7,376 Amortization 4,182 4,049 12,568 11,435 Total costs and expenses 69,493 64,036 206,501 194,073 Operating income $ 26,812 $ 31,026 $ 75,547 $ 89,672 1. Excludes depreciation and amortization. 2. Includes approximately $2.5 million and $2.6 million of transaction costs related to the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 3. Includes approximately $0.4 million of transaction costs related to the Original Proposed Transaction for the nine months ended September 30, 2024 and approximately $0.2 million for the three and nine months ended September 30, 2023, respectively. 4. Includes approximately $1.1 million and $3.8 million of employee retention costs for the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 5. Includes approximately $0.1 million and $0.2 million of severance costs related to the realignment of certain employee functions within the FinTech business for the three and nine months ended September 30, 2024, respectively, and approximately $0.1 million and $1.0 million for the three and nine months ended September 30, 2023, respectively. 6. Includes approximately $0.2 million and $0.5 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the three and nine months ended September 30, 2024, respectively. We recorded a benefit of approximately $0.2 million against other legal fees and expenses associated with insurance recoveries from litigation matters for the three and nine months ended September 30, 2023, and $0.1 million of legal fees for debt amendment costs in the nine months ended September 30, 2023. * Rounding may cause variances. At September 30, At December 31, 2024 2023 Total assets Games $ 934,623 $ 931,322 FinTech 1,169,948 1,192,548 Total assets $ 2,104,571 $ 2,123,870 Major Customers. No single customer accounted for more than 10% of our revenues for the three and nine months ended September 30, 2024 and 2023, respectively. Our five largest customers accounted for approximately 13.6% and 13.1% of our revenues for the three and nine months ended September 30, 2024, respectively, and 14.0% and 12.3% for the three and nine months ended September 30, 2023, respectively.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS As of the filing date, we had not identified, and were not aware of, any subsequent events for the period.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Mar. 31, 2024	Sep. 30, 2023	Jun. 30, 2023	Mar. 31, 2023	Sep. 30, 2024	Sep. 30, 2023
Pay vs Performance Disclosure
Net income (loss)	$ (2,574)	$ 9,173	$ 4,554	$ 26,643	$ 27,396	$ 28,066	$ 11,153	$ 82,105

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2024 shares	Sep. 30, 2024 shares
Trading Arrangements, by Individual
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Geoffrey P. Judge [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		Geoffrey P. Judge, a member of the Company’s Board of Directors, on August 16, 2024 entered into a Rule 10b5-1 trading arrangement intended to satisfy Rule 10b5-1(c) to purchase and sell up to 20,000 shares of Company common stock between November 15, 2024 and April 18, 2025, subject to certain limit orders, all of which shares were to be acquired upon the exercise of employee stock option awards that are set to expire on April 22, 2025.
Name	Geoffrey P. Judge
Title	Board of Directors
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 16, 2024
Expiration Date	April 22, 2025
Arrangement Duration	249 days
Aggregate Available	20,000	20,000

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation Our 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, 2024 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 on Form 10-K for the year ended December 31, 2023 (the “Annual Report”).
Restricted Cash	Restricted Cash
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.
Reclassification of Balances	Reclassification of Balances Certain amounts in the accompanying Financial Statements have been reclassified to be consistent with the current year presentation. These reclassifications had no effect on net income for the prior periods.
Recent Accounting Guidance	Recent Accounting Guidance Recently Adopted Accounting Guidance None. Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements Accounting Standards Update (“ASU”) 2023-07 , Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures The amendments in this update require enhanced reportable segment disclosures, primarily concerning significant segment expenses. December 31, 2024 We are currently evaluating the impact of adopting this ASU on our Financial Statements and our disclosures. ASU 2023-09 , Income Taxes (Topic 740): Improvements to Income Tax Disclosure The amendments in this update require enhanced income tax disclosures, primarily concerning the rate reconciliation and income taxes paid information. December 31, 2025 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures. ASU 2024-03 , Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Topic 220): The amendments in this update require disclosure, in the notes to financial statements, of specified information about certain costs and expenses. December 31, 2027 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures. As of September 30, 2024, other than what has been described above, we do not anticipate recently issued accounting guidance to have a significant impact on our Financial Statements.
Revenue	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 17 — Segment Information.” Contract Balances Since our contracts may include multiple performance obligations, there is often a timing difference between cash collections and the satisfaction of such performance obligations and revenue recognition. Such arrangements are evaluated to determine whether contract assets and liabilities exist. We generally record contract assets when the timing of billing differs from when revenue is recognized due to contracts containing specific performance obligations that are required to be met prior to a customer being invoiced. We generally record contract liabilities when cash is collected in advance of us satisfying performance obligations, including those that are satisfied over a period of time. Balances of our contract assets and contract liabilities may fluctuate due to timing of cash collections.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2024
Accounting Policies [Abstract]
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 Statements of Cash Flows for the nine months ended September 30, 2024 (in thousands). Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Cash and cash equivalents Cash and cash equivalents $ 595,955 $ 267,215 Restricted cash - current Prepaid expenses and other current assets 7,385 5,190 Restricted cash - non-current Other assets 101 101 Total $ 603,441 $ 272,506
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 Statements of Cash Flows for the nine months ended September 30, 2024 (in thousands). Classification on our Balance Sheets At September 30, 2024 At December 31, 2023 Cash and cash equivalents Cash and cash equivalents $ 595,955 $ 267,215 Restricted cash - current Prepaid expenses and other current assets 7,385 5,190 Restricted cash - non-current Other assets 101 101 Total $ 603,441 $ 272,506
Estimated Fair Value and Outstanding Balances of Borrowings	The estimated fair value and outstanding balances of our borrowings are as follows (in thousands): Level of Hierarchy Fair Value Outstanding Balance September 30, 2024 $600 million Term Loan 2 $ 582,677 $ 580,500 $400 million Unsecured Notes 2 $ 398,000 $ 400,000 December 31, 2023 $600 million Term Loan 2 $ 589,433 $ 586,500 $400 million Unsecured Notes 2 $ 365,000 $ 400,000
Summary of Recent Accounting Guidance	Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements Accounting Standards Update (“ASU”) 2023-07 , Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures The amendments in this update require enhanced reportable segment disclosures, primarily concerning significant segment expenses. December 31, 2024 We are currently evaluating the impact of adopting this ASU on our Financial Statements and our disclosures. ASU 2023-09 , Income Taxes (Topic 740): Improvements to Income Tax Disclosure The amendments in this update require enhanced income tax disclosures, primarily concerning the rate reconciliation and income taxes paid information. December 31, 2025 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures. ASU 2024-03 , Income Statement – Reporting Comprehensive Income – Expense Disaggregation Disclosures (Topic 220): The amendments in this update require disclosure, in the notes to financial statements, of specified information about certain costs and expenses. December 31, 2027 We are currently evaluating the effect of adopting this ASU on our Financial Statement disclosures.

REVENUES (Tables)

REVENUES (Tables)	9 Months Ended
	Sep. 30, 2024
Revenue from Contract with Customer [Abstract]
Contract Asset and Liability	The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2024 2023 Contract assets (1) Balance, January 1 $ 26,635 $ 22,417 Balance, September 30 33,314 22,001 Increase (decrease) $ 6,679 $ (416) Contract liabilities (2) Balance, January 1 $ 51,799 $ 53,419 Balance, September 30 61,529 55,722 Increase $ 9,730 $ 2,303 1. Contract assets are included within trade and other receivables, net and other receivables in our Balance Sheets. 2. Contract liabilities are included within accounts payable and accrued expenses and other accrued expenses and liabilities in our Balance Sheets.

LEASES (Tables)

LEASES (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 At December 31, 2023 Assets Operating lease right-of-use assets Other assets, non-current $ 23,925 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,656 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,357 $ 26,930
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, 2024 2023 2024 2023 Cash paid for: Long-term operating leases $ 2,318 $ 1,902 $ 6,598 $ 5,476 Short-term operating leases $ 613 $ 496 $ 1,725 $ 1,341 Right-of-use assets obtained in exchange for lease obligations: Operating leases $ — $ — $ 922 $ 852
Lease Costs	Other information related to lease terms and discount rates is as follows: At September 30, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.54 6.71 Weighted average discount rate: Operating leases 6.26 % 6.08 % Components of lease expense are as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating lease cost: Operating lease cost $ 1,943 $ 1,632 $ 5,841 $ 4,668 Variable lease cost $ 315 $ 401 $ 1,098 $ 1,026
Payments Due	Maturities of lease liabilities are summarized as follows as of September 30, 2024 (in thousands): Year Ending December 31, Amount 2024 (excluding the nine months ended September 30, 2024) $ 2,345 2025 9,030 2026 5,377 2027 3,217 2028 2,813 Thereafter 14,765 Total future minimum lease payments 37,547 Less: Amount representing interest 7,534 Present value of future minimum lease payments 30,013 Less: Current operating lease obligations 7,656 Long-term lease obligations $ 22,357
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, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 2,304 $ 810

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 2023 Trade and other receivables, net Games trade and loans receivable $ 53,542 $ 66,044 FinTech trade and loans receivable 42,900 39,795 Contract assets (1) 33,314 26,635 Other receivables 9,476 4,474 Total trade and other receivables, net 139,232 136,948 Non-current portion of receivables Games trade and loans receivable 2,220 480 FinTech trade and loans receivable 17,985 15,551 Contract assets (1) 16,997 12,984 Total non-current portion of receivables 37,202 29,015 Total trade and other receivables, current portion $ 102,030 $ 107,933 1. Refer to “Note 3 — Revenues” 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, 2024 and 2023 is as follows (in thousands): Nine Months Ended September 30, 2024 2023 Beginning allowance for credit losses $ (5,210) $ (4,855) Provision (8,333) (8,861) Charge-offs, net of recoveries 8,176 8,539 Ending allowance for credit losses $ (5,367) $ (5,177)

INVENTORY (Tables)

INVENTORY (Tables)	9 Months Ended
	Sep. 30, 2024
Inventory Disclosure [Abstract]
Schedule of Components of Inventory	Inventory consisted of the following (in thousands): At September 30, At December 31, 2024 2023 Inventory Component parts $ 57,667 $ 59,632 Work-in-progress 1,619 1,147 Finished goods 15,636 9,845 Total inventory $ 74,922 $ 70,624

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	9 Months Ended
	Sep. 30, 2024
Property, Plant and Equipment [Abstract]
Schedule of Components of Property, Equipment and Leased Assets	Property and equipment consist of the following (in thousands): At September 30, 2024 At December 31, 2023 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Property and equipment Rental pool - deployed 2-5 $ 299,590 $ 196,857 $ 102,733 $ 308,438 $ 218,110 $ 90,328 Rental pool - undeployed 2-5 52,399 41,220 11,179 39,578 29,770 9,808 FinTech equipment 1-5 31,545 23,089 8,456 32,719 21,911 10,808 Leasehold and building improvements Lease Term 19,828 6,313 13,515 19,271 4,887 14,384 Machinery, office, and other equipment 1-5 71,185 43,437 27,748 63,857 36,481 27,376 Total $ 474,547 $ 310,916 $ 163,631 $ 463,863 $ 311,159 $ 152,704

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Other Intangible Assets	Other intangible assets consist of the following (in thousands): At September 30, 2024 At December 31, 2023 Useful Life Cost Accumulated Net Book Cost Accumulated Net Book Other intangible assets Contract rights under placement fee agreements 2-7 $ 57,821 $ 28,597 $ 29,224 $ 57,821 $ 21,592 $ 36,229 Customer relationships 3-14 337,946 271,429 66,517 337,829 255,972 81,857 Developed technology and software 1-7 492,703 368,247 124,456 453,453 340,286 113,167 Patents, trademarks, and other 2-18 24,794 22,924 1,870 24,783 21,898 2,885 Total $ 913,264 $ 691,197 $ 222,067 $ 873,886 $ 639,748 $ 234,138

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	9 Months Ended
	Sep. 30, 2024
Debt Disclosure [Abstract]
Schedule of Outstanding Indebtedness	The following table summarizes our indebtedness (in thousands): Maturity Interest At September 30, At December 31, Date Rate 2024 2023 Long-term debt $600 million Term Loan 2028 SOFR+CSA+2.50% $ 580,500 $ 586,500 $125 million Revolver 2026 SOFR+CSA+2.50% — — Senior Secured Credit Facilities 580,500 586,500 $400 million Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 980,500 986,500 Debt issuance costs and discount (10,183) (12,035) Total debt after debt issuance costs and discount 970,317 974,465 Current portion of long-term debt (4,500) (6,000) Total long-term debt, net of current portion $ 965,817 $ 968,465

WEIGHTED AVERAGE SHARES OF CO_2

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Tables)	9 Months Ended
	Sep. 30, 2024
Earnings Per Share [Abstract]
Schedule of Weighted Average Number of Shares	The weighted average number of common stock outstanding used in the computation of bas ic and diluted (loss) earnings pe r share is as follows (in thousands): Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Weighted average shares Weighted average number of common shares outstanding - basic 85,525 87,221 84,609 87,925 Potential dilution from equity awards (1) — 4,024 3,105 5,237 Weighted average number of common shares outstanding - diluted (1) 85,525 91,245 87,714 93,162 1. We were in a net loss position for the three months ended September 30, 2024; therefore, no potential dilution from the application of the treasury stock method was applicable for the period. The potential dilution excludes the weighted average effect of equity awards to purchase approximately 0.9 million shares that were anti-dilutive under the treasury stock method for the three months ended September 30, 2024. There were 0.8 million shares that were anti-dilutive under the treasury stock method for the nine months ended September 30, 2024 and 0.6 million and 0.2 million shares that were anti-dilutive under the treasury stock method for the three and nine months ended September 30, 2023, respectively.

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2023 4,804 2,464 Granted 109 1,473 Exercised options or vested shares (1,390) (917) Canceled or forfeited (175) (201) Outstanding, September 30, 2024 3,348 2,819

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2024
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, 2024 2023 2024 2023 Games Revenues Gaming operations (1) $ 67,158 $ 78,400 $ 211,716 $ 231,490 Gaming equipment and systems 24,388 33,138 74,623 100,554 Total revenues 91,546 111,538 286,339 332,044 Costs and expenses Cost of revenues (2) Gaming operations 12,674 10,363 32,025 25,557 Gaming equipment and systems 14,597 18,239 43,923 58,629 Total cost of revenues (3) 27,271 28,602 75,948 84,186 Operating expenses (4) (5) (6) (7) (9) (10) (11) 30,091 22,805 88,060 64,574 Research and development 12,199 10,065 36,673 31,890 Depreciation (8) 25,454 17,492 59,756 50,997 Amortization 11,914 11,153 35,207 32,304 Total costs and expenses 106,929 90,117 295,644 263,951 Operating (loss) income $ (15,383) $ 21,421 $ (9,305) $ 68,093 1. Includes the accretion of contract rights of approximately $2.3 million and $7.0 million for each of the three and nine months ended September 30, 2024 and 2023, respectively. 2. Excludes depreciation and amortization. 3. Includes approximately $3.5 million of additional inventory reserves, of which $3.0 million was included within Gaming Operations Cost of Revenues and $0.5 million was included within Gaming Equipment and Systems Cost of Revenues, for the three and nine months ended September 30, 2024, respectively. 4. Includes approximately $2.1 million and $2.8 million of transaction costs related to the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 5. Includes approximately $1.2 million and $15.8 million of transaction costs related to the Original Proposed Transaction for the three and nine months ended September 30, 2024, respectively, and approximately $1.4 million for the three and nine months ended September 30, 2023, respectively. 6. Includes approximately $1.3 million and $4.0 million of employee retention costs for the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 7. Includes approximately $1.4 million and $2.1 million of severance costs related to the realignment of certain employee functions within the Games business for the three and nine months ended September 30, 2024, respectively, and approximately $0.4 million for the nine months ended September 30, 2023. 8. Includes approximately $6.4 million of depreciation charges for certain end-of-life electronic gaming devices returned from our install base for the three and nine months ended September 30, 2024, respectively. 9. Includes approximately $3.8 million of accrued charges for the decline in expected utility of certain firm purchase commitments for the three and nine months ended September 30, 2024, respectively. 10. Includes approximately $0.1 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the three and nine months ended September 30, 2024, respectively, and approximately $0.1 million and $0.4 million of other legal fees and professional expenses associated with the Video King asset acquisition for the three and nine months ended September 30, 2023. 11. Includes approximately $0.3 million and $0.5 million of office and warehouse consolidation expenses for the three and nine months ended September 30, 2023, respectively. * Rounding may cause variances. Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 FinTech Revenues Financial access services $ 58,494 $ 57,158 $ 173,446 $ 169,032 Software and other 26,958 24,838 77,484 73,048 Hardware 10,853 13,066 31,118 41,665 Total revenues 96,305 95,062 282,048 283,745 Costs and expenses Cost of revenues (1) Financial access services 2,532 2,925 7,694 8,521 Software and other 3,586 1,484 10,203 4,830 Hardware 7,536 8,904 22,169 27,926 Total cost of revenues 13,654 13,313 40,066 41,277 Operating expenses (2) (3) (4) (5) (6) 42,654 38,209 124,666 117,022 Research and development 6,258 6,055 21,080 16,963 Depreciation 2,745 2,410 8,121 7,376 Amortization 4,182 4,049 12,568 11,435 Total costs and expenses 69,493 64,036 206,501 194,073 Operating income $ 26,812 $ 31,026 $ 75,547 $ 89,672 1. Excludes depreciation and amortization. 2. Includes approximately $2.5 million and $2.6 million of transaction costs related to the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 3. Includes approximately $0.4 million of transaction costs related to the Original Proposed Transaction for the nine months ended September 30, 2024 and approximately $0.2 million for the three and nine months ended September 30, 2023, respectively. 4. Includes approximately $1.1 million and $3.8 million of employee retention costs for the Proposed Transaction for the three and nine months ended September 30, 2024, respectively. 5. Includes approximately $0.1 million and $0.2 million of severance costs related to the realignment of certain employee functions within the FinTech business for the three and nine months ended September 30, 2024, respectively, and approximately $0.1 million and $1.0 million for the three and nine months ended September 30, 2023, respectively. 6. Includes approximately $0.2 million and $0.5 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the three and nine months ended September 30, 2024, respectively. We recorded a benefit of approximately $0.2 million against other legal fees and expenses associated with insurance recoveries from litigation matters for the three and nine months ended September 30, 2023, and $0.1 million of legal fees for debt amendment costs in the nine months ended September 30, 2023. * Rounding may cause variances. At September 30, At December 31, 2024 2023 Total assets Games $ 934,623 $ 931,322 FinTech 1,169,948 1,192,548 Total assets $ 2,104,571 $ 2,123,870

BUSINESS (Details)

BUSINESS (Details)	9 Months Ended
	Sep. 30, 2024 segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments	2

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Schedule of Cash (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023	Sep. 30, 2023	Dec. 31, 2022
Accounting Policies [Abstract]
Cash and cash equivalents	$ 595,955	$ 267,215
Restricted Cash, Current, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets	Prepaid expenses and other current assets
Restricted cash - current	$ 7,385	$ 5,190
Restricted Cash, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets
Restricted cash - non-current	$ 101	$ 101
Total	$ 603,441	$ 272,506	$ 214,130	$ 295,063

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details)	9 Months Ended	12 Months Ended
	Sep. 30, 2024	Dec. 31, 2023
Accounting Policies [Abstract]
Contractual terms of trade and loans receivable	12 months	12 months

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Fair Value and Outstanding Balances of Borrowings (Details) - USD ($)	Sep. 30, 2024	Dec. 31, 2023	Aug. 03, 2021
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
Fair Value | Level 2 | New Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	582,677,000	589,433,000
Fair Value | Level 2 | Incremental Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	398,000,000	365,000,000
Outstanding Balance | Level 2 | New Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	580,500,000	586,500,000
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

REVENUES - Contract Asset and L

REVENUES - Contract Asset and Liability (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Contract assets
Balance, January 1	$ 26,635	$ 22,417
Balance, September 30	33,314	22,001
Increase (decrease)	6,679	(416)
Contract liabilities
Balance, January 1	51,799	53,419
Balance, September 30	61,529	55,722
Increase	$ 9,730	$ 2,303

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Disaggregation of Revenue [Line Items]
Contract liability, revenue recognized			$ 32,500	$ 38,600
Total revenues	$ 187,851	$ 206,600	568,387	615,789
Games
Disaggregation of Revenue [Line Items]
Total revenues	91,546	111,538	286,339	332,044
Gaming operations, leased equipment | Games
Disaggregation of Revenue [Line Items]
Total revenues	$ 44,500	$ 52,700	$ 136,100	$ 153,400

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating lease right-of-use assets	$ 23,925	$ 27,489
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accounts payable and accrued expenses	Accounts payable and accrued expenses
Less: Current operating lease obligations	$ 7,656	$ 7,079
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	$ 22,357	$ 26,930

LEASES - Cash Flow Information

LEASES - Cash Flow Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Leases [Abstract]
Long-term operating leases	$ 2,318	$ 1,902	$ 6,598	$ 5,476
Short-term operating leases	613	496	1,725	1,341
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 0	$ 0	$ 922	$ 852

LEASES - Lease Costs (Details)

LEASES - Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Leases [Abstract]
Weighted average remaining lease term, operating leases	6 years 6 months 14 days		6 years 6 months 14 days		6 years 8 months 15 days
Weighted average discount rate, operating leases	6.26%		6.26%		6.08%
Operating lease cost	$ 1,943	$ 1,632	$ 5,841	$ 4,668
Variable lease cost	$ 315	$ 401	$ 1,098	$ 1,026

LEASES - Payments Due (Details)

LEASES - Payments Due (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Amount
2024 (excluding the nine months ended September 30, 2024)	$ 2,345
2025	9,030
2026	5,377
2027	3,217
2028	2,813
Thereafter	14,765
Total future minimum lease payments	37,547
Less: Amount representing interest	7,534
Present value of future minimum lease payments	30,013
Less: Current operating lease obligations	7,656	$ 7,079
Long-term lease obligations	$ 22,357	$ 26,930

LEASES - Sales-type Lease (Deta

LEASES - Sales-type Lease (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Leases [Abstract]
Net investment in sales-type leases — current	$ 2,304	$ 810

BUSINESS COMBINATIONS (Details)

BUSINESS COMBINATIONS (Details) $ / shares in Units, $ in Thousands, $ in Millions

3 Months Ended

9 Months Ended

Jul. 26, 2024 USD ($) $ / shares

May 01, 2023 USD ($)

Oct. 14, 2022 USD ($)

Apr. 30, 2022 USD ($)

Mar. 01, 2022 USD ($)

Mar. 01, 2022 AUD ($)

Sep. 30, 2024 USD ($)

Sep. 30, 2023 USD ($)

Jun. 30, 2023 USD ($)

Mar. 31, 2023 USD ($)

Jun. 30, 2022 USD ($)

Jun. 30, 2022 AUD ($)

Sep. 30, 2024 USD ($)

Sep. 30, 2023 USD ($)

Feb. 28, 2024 USD ($)

Dec. 31, 2023 USD ($)

Business Acquisition [Line Items]

Deferred tax liabilities, net

$ 5,112

$ 5,112

$ 13,762

International Game Technology PLC

Business Acquisition [Line Items]

Principal amount of debt

$ 4,300,000

Share price (in dollars per share) | $ / shares

$ 14.25

Proceeds from fees received

$ 4,100,000

Buyer aggregate amount

2,300,000

International Game Technology PLC | Revolving credit facility

Business Acquisition [Line Items]

Principal amount of debt

$ 800,000

Debt Commitment Letter

Business Acquisition [Line Items]

Principal amount of debt

$ 3,700,000

Debt Commitment Revolver

Business Acquisition [Line Items]

Principal amount of debt

$ 800,000

Global Gaming And Play Ditial Business

Business Acquisition [Line Items]

Transaction costs

4,600

5,400

Employee retention costs

2,400

7,800

Global Gaming And Play Ditial Business | IGT Shareholders

Business Acquisition [Line Items]

Ownership percentage

54%

Global Gaming And Play Ditial Business | Everi Exisitng Shareholders

Business Acquisition [Line Items]

Ownership percentage

46%

Global Gaming And Play Ditial Business, Original Proposed Transaction

Business Acquisition [Line Items]

Transaction costs

1,200

$ 16,200

ecash Holdings Pty Limited

Business Acquisition [Line Items]

Cash consideration paid at closing

$ 15,000

$ 20

Payments for excess net working capital

$ 6,000

$ 8.7

Deferred taxes

$ 2,300

ecash Holdings Pty Limited | Tranche One

Business Acquisition [Line Items]

Contingent consideration

$ 3,400

$ 5

Contingent consideration, final payment

1 year

1 year

ecash Holdings Pty Limited | Tranche Two

Business Acquisition [Line Items]

Contingent consideration

$ 4,200

$ 6.5

Contingent consideration, final payment

2 years

2 years

Intuicode

Business Acquisition [Line Items]

Cash consideration paid at closing

$ 12,500

Business combination, consideration transferred, liabilities incurred

1,600

Final payment and deferred taxes

$ 200

$ 1,300

Intuicode | Measurement Input, Discount Rate

Business Acquisition [Line Items]

Acquired business discount rate

0.05

0.05

Intuicode | Business Combination, Contingent Consideration, Period One

Business Acquisition [Line Items]

Earn-out liability

$ 6,400

Revenue target anniversary

1 year

Intuicode | Business Combination, Contingent Consideration, Period Two

Business Acquisition [Line Items]

Earn-out liability

$ 2,400

Revenue target anniversary

2 years

Venuetize, Inc.

Business Acquisition [Line Items]

Cash consideration paid at closing

$ 18,200

Earn-out liability

1,800

Business combination, consideration transfer

$ 1,000

Deferred tax liabilities, net

$ 1,200

Venuetize, Inc. | Measurement Input, Discount Rate

Business Acquisition [Line Items]

Acquired business discount rate

0.07

0.07

Venuetize, Inc. | Business Combination, Contingent Consideration, Period One

Business Acquisition [Line Items]

Revenue target anniversary

12 months

Venuetize, Inc. | Business Combination, Contingent Consideration, Period Two

Business Acquisition [Line Items]

Revenue target anniversary

24 months

Venuetize, Inc. | Business Combination, Contingent Consideration, Period Three

Business Acquisition [Line Items]

Revenue target anniversary

30 months

VKGS LLC

Business Acquisition [Line Items]

Cash consideration paid at closing

$ 61,000

Earn-out liability

$ 200

Revenue target anniversary

18 months

Additional net working capital payment

$ 300

Pro forma revenue

206,600

$ 625,000

Pro forma net income

$ 26,600

$ 81,900

FUNDING AGREEMENTS (Details)

FUNDING AGREEMENTS (Details) - Indemnification Guarantee - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Contract Cash Solutions Agreement
Funding Agreements
Cash usage fees incurred	$ 4,800,000	$ 5,100,000	$ 14,400,000	$ 15,300,000
Outstanding balance	230,500,000		230,500,000		$ 388,500,000
Contract Cash Solutions Agreement, as amended
Funding Agreements
Maximum amount	$ 450,000,000		$ 450,000,000
Renewal period			1 year
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, 2024	Dec. 31, 2023
Trade and other receivables, net
Contract assets	$ 33,314	$ 26,635
Other receivables	9,476	4,474
Total trade and other receivables, net	139,232	136,948
Non-current portion of receivables	37,202	29,015
Contract assets	16,997	12,984
Total trade and other receivables, current portion	102,030	107,933
Gaming operations
Trade and other receivables, net
Trade receivables, net	53,542	66,044
Non-current portion of receivables	2,220	480
FinTech
Trade and other receivables, net
Trade receivables, net	42,900	39,795
Non-current portion of receivables	$ 17,985	$ 15,551

TRADE AND OTHER RECEIVABLES - A

TRADE AND OTHER RECEIVABLES - Activity in Allowance for Credit Losses (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning allowance for credit losses	$ (5,210)	$ (4,855)
Provision	(8,333)	(8,861)
Charge-offs, net of recoveries	8,176	8,539
Ending allowance for credit losses	$ (5,367)	$ (5,177)

INVENTORY - Schedule of Invento

INVENTORY - Schedule of Inventory (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Inventory
Component parts	$ 57,667	$ 59,632
Work-in-progress	1,619	1,147
Finished goods	15,636	9,845
Total inventory	$ 74,922	$ 70,624

INVENTORY - Narrative (Details)

INVENTORY - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2024	Sep. 30, 2023
Inventory [Line Items]
Reserve for inventory obsolescence		$ 4,588	$ 1,466
Games
Inventory [Line Items]
Reserve for inventory obsolescence	$ 3,500	3,500
Purchase commitment impairment	3,800	$ 3,800
Games | Gaming operations
Inventory [Line Items]
Reserve for inventory obsolescence	3,000
Games | Gaming equipment and systems
Inventory [Line Items]
Reserve for inventory obsolescence	$ 500

PROPERTY AND EQUIPMENT (Details

PROPERTY AND EQUIPMENT (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Cost	$ 474,547		$ 474,547		$ 463,863
Accumulated Depreciation	310,916		310,916		311,159
Net Book Value	163,631		163,631		152,704
Depreciation	28,199	$ 19,902	67,877	$ 58,373
Rental pool - deployed
Property, Plant and Equipment [Line Items]
Cost	299,590		299,590		308,438
Accumulated Depreciation	196,857		196,857		218,110
Net Book Value	$ 102,733		$ 102,733		90,328
Rental pool - deployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	2 years		2 years
Rental pool - deployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years		5 years
Rental pool - undeployed
Property, Plant and Equipment [Line Items]
Cost	$ 52,399		$ 52,399		39,578
Accumulated Depreciation	41,220		41,220		29,770
Net Book Value	$ 11,179		$ 11,179		9,808
Rental pool - undeployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	2 years		2 years
Rental pool - undeployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years		5 years
Machinery, office, and other equipment
Property, Plant and Equipment [Line Items]
Cost	$ 71,185		$ 71,185		63,857
Accumulated Depreciation	43,437		43,437		36,481
Net Book Value	$ 27,748		$ 27,748		27,376
Machinery, office, and other equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	1 year		1 year
Machinery, office, and other equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years		5 years
Leasehold and building improvements
Property, Plant and Equipment [Line Items]
Cost	$ 19,828		$ 19,828		19,271
Accumulated Depreciation	6,313		6,313		4,887
Net Book Value	13,515		13,515		14,384
FinTech
Property, Plant and Equipment [Line Items]
Depreciation	2,745	$ 2,410	8,121	$ 7,376
FinTech | Machinery, office, and other equipment
Property, Plant and Equipment [Line Items]
Cost	31,545		31,545		32,719
Accumulated Depreciation	23,089		23,089		21,911
Net Book Value	$ 8,456		$ 8,456		$ 10,808
FinTech | Machinery, office, and other equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	1 year		1 year
FinTech | Machinery, office, and other equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years		5 years

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 738,010		$ 738,010		$ 737,804
Amortization	$ 16,096	$ 15,202	$ 47,775	$ 43,739

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Other Intangible Assets (Details) - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Cost	$ 913,264	$ 873,886
Accumulated Amortization	691,197	639,748
Net Book Value	222,067	234,138
Contract rights under placement fee agreements
Finite-Lived Intangible Assets [Line Items]
Cost	57,821	57,821
Accumulated Amortization	28,597	21,592
Net Book Value	$ 29,224	36,229
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	$ 337,946	337,829
Accumulated Amortization	271,429	255,972
Net Book Value	$ 66,517	81,857
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	$ 492,703	453,453
Accumulated Amortization	368,247	340,286
Net Book Value	$ 124,456	113,167
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)	7 years
Patents, trademarks, and other
Finite-Lived Intangible Assets [Line Items]
Cost	$ 24,794	24,783
Accumulated Amortization	22,924	21,898
Net Book Value	$ 1,870	$ 2,885
Patents, trademarks, and other | Minimum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	2 years
Patents, trademarks, and other | Maximum
Finite-Lived Intangible Assets [Line Items]
Useful Life (Years)	18 years

LONG-TERM DEBT - Schedule of Ou

LONG-TERM DEBT - Schedule of Outstanding Indebtedness (Details) - USD ($)	9 Months Ended
	Sep. 30, 2024	Dec. 31, 2023	Aug. 03, 2021
Debt Instrument [Line Items]
Total debt	$ 980,500,000	$ 986,500,000
Debt issuance costs and discount	(10,183,000)	(12,035,000)
Total debt after debt issuance costs and discount	970,317,000	974,465,000
Current portion of long-term debt	(4,500,000)	(6,000,000)
Total long-term debt, net of current portion	965,817,000	968,465,000
Senior secured notes | New Revolver
Debt Instrument [Line Items]
Principal amount of debt	$ 600,000,000	600,000,000	$ 600,000,000
Basis spread	2.50%
Revolving credit facility | New Revolver
Debt Instrument [Line Items]
Total debt	$ 0	0
Principal amount of debt	$ 125,000,000
Basis spread	2.50%
Senior secured notes
Debt Instrument [Line Items]
Total debt	$ 580,500,000	586,500,000
Senior secured notes | Senior secured notes | New Revolver
Debt Instrument [Line Items]
Total debt	580,500,000	586,500,000
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
Interest rate	5%

LONG-TERM DEBT - Narrative (Det

LONG-TERM DEBT - Narrative (Details)		3 Months Ended	9 Months Ended
	Aug. 03, 2021 USD ($)	Sep. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)	Dec. 31, 2023 USD ($)
Senior unsecured notes | FinTech Segment
Debt Instrument [Line Items]
Principal amount of debt		$ 400,000,000	$ 400,000,000
New Credit Facilities
Debt Instrument [Line Items]
Basis spread, period one (as a percent)	0.10%
Basis spread, period two (as a percent)	0.30%
Basis spread, period three (as a percent)	0.40%
New Credit Facilities | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Floor interest rate	0.50%
Basis spread	2.50%
New Credit Facilities | Base Rate
Debt Instrument [Line Items]
Basis spread	1.50%
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
Basis spread			2.50%
Revolving credit facility | New Revolver
Debt Instrument [Line Items]
Principal amount of debt		$ 125,000,000	$ 125,000,000
Maximum borrowing capacity	$ 125,000,000
Basis spread			2.50%
Senior secured term loan facility | New Credit Agreement, dated May 9, 2017
Debt Instrument [Line Items]
Weighted average interest rate during period		7.92%	7.94%

STOCKHOLDERS' EQUITY (Details)

STOCKHOLDERS' EQUITY (Details) - USD ($) shares in Millions, $ in Millions		3 Months Ended		9 Months Ended
	May 02, 2024	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	May 03, 2023
Stockholders' Equity Note [Abstract]
Stock repurchase program, authorized amount						$ 180
Stock repurchase program, period in force				18 months
Repurchase of shares	$ 100
Treasury stock acquired (in shares)		0	2.4	0	5.1

WEIGHTED AVERAGE SHARES OF CO_3

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Details) - shares shares in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Weighted average shares
Weighted average number of common shares outstanding - basic (in shares)	85,525	87,221	84,609	87,925
Potential dilution from equity awards (in shares)	0	4,024	3,105	5,237
Weighted average number of common shares outstanding - diluted (in shares)	85,525	91,245	87,714	93,162
Anti-dilutive equity awards excluded from computation of earnings per share (in shares)	900	600	800	200

SHARE-BASED COMPENSATION (Detai

SHARE-BASED COMPENSATION (Details) shares in Thousands	3 Months Ended	9 Months Ended
	Jun. 30, 2024 shares	Sep. 30, 2024 shares
Stock Options
Stock Options
Outstanding (in shares)		4,804
Granted (in shares)		109
Exercised options (in shares)		(1,390)
Canceled or forfeited (in shares)		(175)
Outstanding (in shares)		3,348
Restricted Stock Units
Restricted Stock Units
Outstanding (in shares)		2,464
Granted (in shares)		1,473
Vested (in shares)		(917)
Canceled or forfeited (in shares)		(201)
Outstanding (in shares)		2,819
Common Stock
Restricted Stock Units
Number of shares available for grant (in shares)		4,500
Number of additional shares approved	3,600

INCOME TAXES (Details)

INCOME TAXES (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Effective income tax rate	64.20%	18.10%	(9.50%)	17.70%
Statutory federal rate	21%	21%	21%	21%
Unrecognized tax benefits	$ 5.2		$ 5.2

SEGMENT INFORMATION - Revenues,

SEGMENT INFORMATION - Revenues, Operating Income, and Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023	Dec. 31, 2023
Revenues
Total revenues	$ 187,851	$ 206,600	$ 568,387	$ 615,789
Costs and expenses
Operating expenses	72,745	61,014	212,726	181,596
Research and development	18,457	16,120	57,753	48,853
Depreciation	28,199	19,902	67,877	58,373
Amortization	16,096	15,202	47,775	43,739
Total costs and expenses	176,422	154,153	502,145	458,024
Operating (loss) income	11,429	52,447	66,242	157,765
Total assets
Total assets	2,104,571		2,104,571		$ 2,123,870
Reserve for inventory obsolescence			4,588	1,466
Global Gaming And Play Ditial Business
Total assets
Transaction costs	4,600		5,400
Employee retention costs	2,400		7,800
Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs	1,200		16,200
Games
Revenues
Total revenues	91,546	111,538	286,339	332,044
Costs and expenses
Total cost of revenues	27,271	28,602	75,948	84,186
Operating expenses	30,091	22,805	88,060	64,574
Research and development	12,199	10,065	36,673	31,890
Depreciation	25,454	17,492	59,756	50,997
Amortization	11,914	11,153	35,207	32,304
Total costs and expenses	106,929	90,117	295,644	263,951
Operating (loss) income	(15,383)	21,421	(9,305)	68,093
Total assets
Total assets	934,623		934,623		931,322
Accretion of contract rights	2,300	7,000	2,300	7,000
Reserve for inventory obsolescence	3,500		3,500
Severance costs	1,400	400	2,100	400
Write down of property and equipment	6,400		6,400
Purchase commitment impairment	3,800		3,800
Other legal fees and expenses (benefit)	100		100
Office and warehouse consolidation expenses		300		500
Games | Global Gaming And Play Ditial Business
Total assets
Transaction costs	2,100		2,800
Games | Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs	1,200	1,400	15,800	1,400
Employee retention costs	1,300		4,000
Games | Video King Asset Acquisition
Total assets
Other legal fees and expenses (benefit)		100		400
Games | Gaming operations
Revenues
Total revenues	67,158	78,400	211,716	231,490
Costs and expenses
Total cost of revenues	12,674	10,363	32,025	25,557
Total assets
Reserve for inventory obsolescence	3,000
Games | Gaming equipment and systems
Revenues
Total revenues	24,388	33,138	74,623	100,554
Costs and expenses
Total cost of revenues	14,597	18,239	43,923	58,629
Total assets
Reserve for inventory obsolescence	500
FinTech
Revenues
Total revenues	96,305	95,062	282,048	283,745
Costs and expenses
Total cost of revenues	13,654	13,313	40,066	41,277
Operating expenses	42,654	38,209	124,666	117,022
Research and development	6,258	6,055	21,080	16,963
Depreciation	2,745	2,410	8,121	7,376
Amortization	4,182	4,049	12,568	11,435
Total costs and expenses	69,493	64,036	206,501	194,073
Operating (loss) income	26,812	31,026	75,547	89,672
Total assets
Total assets	1,169,948		1,169,948		$ 1,192,548
Severance costs	100	100	200	1,000
Other legal fees and expenses (benefit)	200	(200)	500	(200)
Legal fees for debt amendment costs				100
FinTech | Global Gaming And Play Ditial Business
Total assets
Transaction costs	2,500		2,600
Employee retention costs	1,100		3,800
FinTech | Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs	400	200	400	200
FinTech | Financial access services
Revenues
Total revenues	58,494	57,158	173,446	169,032
Costs and expenses
Total cost of revenues	2,532	2,925	7,694	8,521
FinTech | Software and other
Revenues
Total revenues	26,958	24,838	77,484	73,048
Costs and expenses
Total cost of revenues	3,586	1,484	10,203	4,830
FinTech | Hardware
Revenues
Total revenues	10,853	13,066	31,118	41,665
Costs and expenses
Total cost of revenues	$ 7,536	$ 8,904	$ 22,169	$ 27,926

SEGMENT INFORMATION - Major Cus

SEGMENT INFORMATION - Major Customers (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023	Sep. 30, 2024	Sep. 30, 2023
Five largest customers | Customer risk | Revenue from Contract with Customer
Revenue, Major Customer [Line Items]
Concentration risk, percentage	13.60%	14%	13.10%	12.30%