Everi (EVRI) 10-K 3 Mar 25 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Feb. 28, 2025	Jun. 28, 2024
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2024
Current Fiscal Year End Date	--12-31
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 per share
Trading Symbol	EVRI
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
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
ICFR Auditor Attestation Flag	true
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 687.5
Entity Common Stock, Shares Outstanding		86,437,717
Documents Incorporated by Reference	Certain portions of the registrant’s Definitive Proxy Statement for its 2025 Annual Meeting of Stockholders (which is expected to be filed with the Securities and Exchange Commission within 120 days after the end of the registrant’s 2024 fiscal year) are incorporated by reference into Part III of this Annual Report on Form 10-K. Except as expressly incorporated by reference, the registrant’s Proxy Statement shall not be deemed to be a part of this Annual Report on Form 10-K.
Entity Central Index Key	0001318568
Amendment Flag	false
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2024
Audit Information [Abstract]
Auditor Name	PricewaterhouseCoopers, LLP
Auditor Location	Boston, MA
Auditor Firm ID	238

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Total revenues		$ 757,903	$ 807,821	$ 782,519
Costs and expenses
Cost of revenues		157,831	161,240	165,322
Operating expenses		279,619	260,931	216,959
Research and development		77,312	67,633	60,527
Depreciation		89,636	78,691	66,801
Amortization		64,320	60,042	59,558
Total costs and expenses		668,718	628,537	569,167
Operating income		89,185	179,284	213,352
Other expenses
Interest expense, net of interest income		73,288	77,693	55,752
Total other expenses		73,288	77,693	55,752
Income before income tax		15,897	101,591	157,600
Income tax provision		881	17,594	37,111
Net income		15,016	83,997	120,489
Foreign currency translation (loss) gain		(3,991)	730	(2,742)
Comprehensive income		$ 11,025	$ 84,727	$ 117,747
Earnings per share
Basic (in dollars per share)		$ 0.18	$ 0.96	$ 1.33
Diluted (in dollars per share)		$ 0.17	$ 0.91	$ 1.24
Weighted average common shares outstanding
Basic (in shares)		85,023	87,176	90,494
Diluted (in shares)		88,151	91,985	97,507
Games
Revenues
Total revenues		$ 378,921	$ 429,154	$ 436,426
Costs and expenses
Cost of revenues	[1]	101,183	107,396	111,791
Operating expenses		112,780	103,666	76,496
Research and development		49,360	44,365	40,353
Depreciation		78,837	68,833	57,106
Amortization		47,954	44,201	43,044
Total costs and expenses		390,114	368,461	328,790
Operating income		(11,193)	60,693	107,636
Games | Gaming operations
Revenues
Total revenues		277,460	304,132	292,873
Costs and expenses
Cost of revenues	[1]	41,923	35,205	25,153
Games | Gaming equipment and systems
Revenues
Total revenues		101,461	125,022	143,553
Costs and expenses
Cost of revenues	[1]	59,260	72,191	86,638
FinTech
Revenues
Total revenues		378,982	378,667	346,093
Costs and expenses
Cost of revenues	[1]	56,648	53,844	53,531
Operating expenses		166,839	157,265	140,463
Research and development		27,952	23,268	20,174
Depreciation		10,799	9,858	9,695
Amortization		16,366	15,841	16,514
Total costs and expenses		278,604	260,076	240,377
Operating income		100,378	118,591	105,716
FinTech | Financial access services
Revenues
Total revenues		228,702	225,054	206,860
Costs and expenses
Cost of revenues	[1]	10,516	11,064	10,186
FinTech | Software and other
Revenues
Total revenues		104,120	99,490	80,232
Costs and expenses
Cost of revenues	[1]	13,562	6,159	4,125
FinTech | Hardware
Revenues
Total revenues		46,160	54,123	59,001
Costs and expenses
Cost of revenues	[1]	$ 32,570	$ 36,621	$ 39,220
[1]Exclusive of depreciation and amortization.

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current assets
Cash and cash equivalents	$ 400,677	$ 267,215
Settlement receivables	109,640	441,852
Trade and other receivables, net of allowances for credit losses of $5,656 and $5,210 at December 31, 2024 and December 31, 2023, respectively	87,855	94,282
Inventory	67,821	70,624
Prepaid expenses and other current assets	68,114	57,557
Total current assets	734,107	931,530
Non-current assets
Property and equipment, net	157,992	152,704
Goodwill	736,470	737,804
Other intangible assets, net	216,915	234,138
Other receivables	6,329	2,786
Deferred tax assets	4,551	598
Other assets	65,545	64,310
Total non-current assets	1,187,802	1,192,340
Total assets	1,921,909	2,123,870
Current liabilities
Settlement liabilities	460,513	662,967
Accounts payable and accrued expenses	221,015	215,530
Current portion of long-term debt	0	6,000
Total current liabilities	681,528	884,497
Non-current liabilities
Deferred tax liabilities	6,514	13,762
Long-term debt, less current portion	950,935	968,465
Other accrued expenses and liabilities	26,996	31,004
Total non-current liabilities	984,445	1,013,231
Total liabilities	1,665,973	1,897,728
Commitments and contingencies (Note 14)
Stockholders’ equity
Convertible preferred stock, $0.001 par value, 50,000 shares authorized and no shares outstanding at December 31, 2024 and December 31, 2023, respectively	0	0
Common stock, $0.001 par value, 500,000 shares authorized and 125,853 and 86,402 shares issued and outstanding at December 31, 2024, respectively, and 123,179 and 83,738 shares issued and outstanding at December 31, 2023, respectively	126	123
Additional paid-in capital	579,806	560,945
Retained earnings	77,747	62,731
Accumulated other comprehensive loss	(7,458)	(3,467)
Treasury stock, at cost, 39,451 and 39,441 shares at December 31, 2024 and December 31, 2023, respectively	(394,285)	(394,190)
Total stockholders’ equity	255,936	226,142
Total liabilities and stockholders’ equity	$ 1,921,909	$ 2,123,870

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets, Current [Abstract]
Allowances for doubtful accounts	$ 5,656	$ 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)	125,853,023	123,178,882
Common stock outstanding (in shares)	86,402,000	83,738,000
Treasury stock (in shares)	39,451,000	39,441,000

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Cash flows from operating activities
Net income	$ 15,016	$ 83,997	$ 120,489
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation	89,636	78,691	66,801
Amortization	64,320	60,042	59,558
Non-cash lease expense	6,007	6,096	4,847
Amortization of financing costs and discounts	2,854	2,854	2,854
Loss on sale or disposal of assets	1,239	1,467	591
Accretion of contract rights	9,340	9,340	9,578
Provision for credit losses	11,422	11,623	10,115
Deferred income taxes	(11,185)	8,754	32,618
Reserve for inventory obsolescence	4,621	1,220	792
Write-down of assets	296	13,629	0
Stock-based compensation	10,702	18,711	19,789
Adjustment to deferred acquisition consideration	(1,014)	(1,766)	0
Changes in operating assets and liabilities:
Settlement receivables	331,881	(177,947)	(174,604)
Trade and other receivables	(7,614)	6,586	(18,780)
Inventory	(2,036)	(11,954)	(26,314)
Prepaid expenses and other assets	(13,225)	(6,121)	(37,911)
Settlement liabilities	(202,112)	194,878	176,274
Accounts payable and accrued expenses	8,260	(7,870)	25,944
Placement fee agreements	0	0	(547)
Net cash provided by operating activities	318,408	292,230	272,094
Cash flows from investing activities
Capital expenditures	(156,431)	(145,108)	(127,568)
Acquisitions, net of cash acquired	0	(59,405)	(51,450)
Proceeds from sale of property and equipment	269	206	227
Net cash used in investing activities	(156,162)	(204,307)	(178,791)
Cash flows from financing activities
Repayments of term loan	(26,000)	(6,000)	(6,000)
Proceeds from exercise of stock options	8,038	13,739	1,921
Treasury stock - equity award activities, net of shares withheld	(99)	(8,151)	(11,969)
Treasury stock - repurchase of shares	0	(100,000)	(84,347)
Payment of deferred acquisition consideration	(5,593)	(10,529)	(173)
Net cash used in financing activities	(23,654)	(110,941)	(100,568)
Effect of exchange rates on cash and cash equivalents	(2,517)	461	(1,398)
Cash, cash equivalents and restricted cash
Net increase (decrease) for the period	136,075	(22,557)	(8,663)
Balance, beginning of the period	272,506	295,063	303,726
Balance, end of the period	408,581	272,506	295,063
Supplemental cash disclosures
Cash paid for interest	87,084	86,528	54,749
Cash received for interest	15,153	12,028	3,807
Cash paid for income tax, net of refunds	14,476	5,481	4,522
Supplemental non-cash disclosures
Accrued and unpaid capital expenditures	2,221	4,408	3,222
Transfer of leased gaming equipment to inventory	$ 7,762	$ 6,719	$ 9,588

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock— Series A	Additional Paid-in Capital	(Accumulated Deficit)	Accumulated Other Comprehensive Loss	Treasury Stock
Balance at beginning of period (in shares) at Dec. 31, 2021		116,996
Balance at beginning of period at Dec. 31, 2021	$ 174,500	$ 117	$ 505,757	$ (141,755)	$ (1,455)	$ (188,164)
Increase (Decrease) in Stockholders' Equity
Net income	120,489			120,489
Foreign currency translation	(2,742)				(2,742)
Stock-based compensation expense	19,789		19,789
Exercise of options (in shares)		333
Exercise of options	1,921		1,921
Restricted share vesting and withholding (in shares)		2,061
Restricted stock vesting, net of shares withheld	(11,969)	$ 2	(2)			(11,969)
Repurchase of shares	(84,347)					(84,347)
Balance at end of period (in shares) at Dec. 31, 2022		119,390
Balance at end of period at Dec. 31, 2022	217,641	$ 119	527,465	(21,266)	(4,197)	(284,480)
Increase (Decrease) in Stockholders' Equity
Net income	83,997			83,997
Foreign currency translation	730				730
Stock-based compensation expense	18,711		18,711
Exercise of options (in shares)		2,061
Exercise of options	13,719	$ 2	14,773			(1,056)
Restricted share vesting and withholding (in shares)		1,728
Restricted stock vesting, net of shares withheld	(8,151)	$ 2	(4)			(8,149)
Repurchase of shares	$ (100,505)					(100,505)
Balance at end of period (in shares) at Dec. 31, 2023	83,738	123,179
Balance at end of period at Dec. 31, 2023	$ 226,142	$ 123	560,945	62,731	(3,467)	(394,190)
Increase (Decrease) in Stockholders' Equity
Net income	15,016			15,016
Foreign currency translation	(3,991)				(3,991)
Stock-based compensation expense	10,702		10,702
Exercise of options (in shares)		1,746
Exercise of options	8,164	$ 2	8,162			0
Restricted share vesting and withholding (in shares)		928
Restricted stock vesting, net of shares withheld	(99)	$ 1	(3)			(97)
Repurchase of shares	$ 2					2
Balance at end of period (in shares) at Dec. 31, 2024	86,402	125,853
Balance at end of period at Dec. 31, 2024	$ 255,936	$ 126	$ 579,806	$ 77,747	$ (7,458)	$ (394,285)

BUSINESS

BUSINESS	12 Months Ended
	Dec. 31, 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) Financial Technology Solutions (“FinTech”). Everi Games provides gaming operators with gaming technology and entertainment products and services, including: (i) gaming machines, primarily comprising Class II, Class III and Historic Horse Racing (“HHR”) slot machines placed under participation 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: (i) 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; (ii) accounts for the CashClub Wallet, check warranty services, self-service loyalty and fully integrated kiosk maintenance services; (iii) self-service loyalty tools and promotion management software; (iv) compliance, audit, and data software; (v) casino credit data and reporting services; (vi) marketing and promotional offering subscription-based services; and (vii) other ancillary offerings. Macro-Economic Volatility and Global Instability, Employment Constraints and Supply Chain Disruptions We have experienced an impact from macro-economic volatility as a result of inflation, interest rate movements and global instability, particularly as it relates to our supply chain, both from an upstream and downstream perspective, which impacts the delivery of our products; and the effects of interest rate movements on our variable rate debt and pricing pressures on our business. Additionally, we continued to experience an impact from employment constraints as a result of inflation in recent years. This has placed pressure on competitive wages, which has led to increases in wages and other related costs.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Principles of Consolidation The consolidated financial statements are prepared under U.S. Generally Accepted Accounting Principles (GAAP) and include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation. Business Combinations When we acquire a business, we recognize the assets acquired and the liabilities assumed, at their acquisition date fair values. Goodwill is measured and recognized as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. Significant estimates and assumptions are required to value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable. These estimates are preliminary and typically include the calculation of an appropriate discount rate and projection of the cash flows associated with each acquired asset over its estimated useful life. As a result, up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill (referred to as the measurement period). In addition, deferred tax assets, deferred tax liabilities, uncertain tax positions, and tax related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. We reevaluate these items quarterly based upon facts and circumstances that existed as of the acquisition date and any adjustments to preliminary estimates are recorded to goodwill, in the period of identification, if identified within the measurement period. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded in the Statements of Operations. Cash and Cash Equivalents Cash and cash equivalents include cash and balances on deposit in banks and financial institutions. We consider highly liquid investments with maturities of three months or less at the time of purchase to be cash and cash equivalents. Such balances generally exceed the federal insurance limits; however, we periodically evaluate the creditworthiness of these institutions to minimize risk. Interest income earned on our cash balances was approximately $15.1 million, $12.1 million and $3.9 million for the years ended December 31, 2024, 2023 and 2022, respectively. ATM Funding Agreements We obtain all of the cash required to operate our ATMs through various ATM Funding Agreements. Some gaming operators provide the cash utilized within the ATM (“Site-Funded”). The Site-Funded receivables generated for cash dispensed from transactions performed at our ATMs are owned by us and we are liable to the gaming operator for the face amount of the cash dispensed. In our Balance Sheets, the amount of the receivable for transactions processed on these funds dispensed transactions is included within settlement receivables and the amount due to the gaming operator for the face amount of dispensing transactions is included within settlement liabilities. For the non-Site-Funded locations, we enter into commercial arrangements with third-party vendors to provide us the currency needed for normal operating requirements for our ATMs. For the use of these funds, we pay a cash usage fee based upon the target federal funds rate. Under these agreements, the currency supplied by the third-party vendors remains the sole property of these suppliers until funds are dispensed, at which time the third-party vendors obtain an interest in the corresponding settlement receivable. As the cash is an asset of these suppliers, it is therefore not reflected on our Balance Sheets. The usage fee for the cash supplied in these ATMs is included as interest expense in the Statements of Operations. Our rationale to record cash usage fees as interest expense is primarily due to the similar operational characteristics to a revolving line of credit, the fact that the fees are calculated on a financial index, and the fees are paid for access to a capital resource. Settlement Receivables and Settlement Liabilities We provide cash settlement services to gaming operators related to our financial access services, which involve the movement of funds between various parties involved in these types of transactions. We receive reimbursement from the patron’s credit or debit card issuing financial institution for the amount owed to the gaming operator plus the fee charged to the patron. These activities result in amounts due to us at the end of each business day that we generally recover over the next few business days, which are classified as settlement receivables on our Balance Sheets. In addition, cash settlement services result in amounts due to gaming operators for the cash disbursed to patrons through the issuance of a negotiable instrument or through electronic settlement for the face amount provided to patrons that we generally remit over the next few business days, which are classified as settlement liabilities on our Balance Sheets. Warranty Receivables If a gaming operator chooses to have a check warranted, it sends a request to our third-party check warranty service provider, asking whether it would be willing to accept the risk of cashing the check. If the check warranty provider accepts the risk and warrants the check, the gaming operator negotiates the patron’s check by providing cash for the face amount of the check. If the check is dishonored by the patron’s bank upon presentment, the gaming operator invokes the warranty, and the check warranty service provider purchases the check from the gaming operator for the full check amount and then pursues collection activities on its own. In our Central Credit Check Warranty product under our agreement with the third-party service provider, we receive all of the check warranty revenue. We are exposed to risk for losses associated with any warranted items that cannot be collected from patrons issuing the items. The warranty receivables amount is recorded in trade and other receivables, net on our Balance Sheets. On a monthly basis, the Company evaluates the collectability of the outstanding balances and establishes a reserve for the face amount of the expected losses on these receivables. The warranty expense associated with this reserve is included within cost of revenues (exclusive of depreciation and amortization) on our Statements of Operations. Allowance for Credit Losses We continually evaluate the collectability of outstanding balances and maintain an allowance for credit losses related to our trade and other receivables and notes receivable that have been determined to have a high risk of uncollectability, which represents our best estimates of the current expected credit losses to be incurred in the future. To derive our estimates, we analyze historical collection trends and changes in our customer payment patterns, current and expected conditions and market trends along with our operating forecasts, concentration, and creditworthiness when evaluating the adequacy of our allowance for credit losses. In addition, with respect to our check warranty receivables, we are exposed to risk for the losses associated with warranted items that cannot be collected from patrons issuing these items. We evaluate the collectability of the outstanding balances and establish a reserve for the face amount of the current expected credit losses related to these receivables. Account balances are charged against the provision when the Company believes it is probable the receivable will not be recovered. The provision for doubtful accounts receivable is included within operating expenses and the check warranty loss reserves are included within financial access services cost of revenues in the Statements of Operations. Inventory Our inventory primarily consists of component parts as well as finished goods and work-in-progress. The cost of inventory includes cost of materials, labor, overhead and freight. The inventory is stated at the lower of cost or net realizable value and accounted for using the first in, first out method (“FIFO”). Restricted Cash Our restricted cash primarily consists of: (i) funds held in connection with certain customer agreements; (ii) funds held in connection with a sponsorship agreement; (iii) wide-area progressive (“WAP”)-related restricted funds; and (iv) financial access activities related to cashless balances held on behalf of patrons. The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported within the Balance Sheets that sum to the total of the same such amounts shown in the Statements of Cash Flows for the years ended December 31, 2024, 2023, and 2022, respectively (in thousands). Year Ended December 31, Classification on our Balance Sheets 2024 2023 2022 Cash and cash equivalents Cash and cash equivalents $ 400,677 $ 267,215 $ 293,394 Restricted cash — current Prepaid expenses and other current assets 7,803 5,190 1,568 Restricted cash — non-current Other assets 101 101 101 Total $ 408,581 $ 272,506 $ 295,063 Property and Equipment Property and equipment are stated at cost, less accumulated depreciation, and are computed using the straight-line method over the estimated life of the assets, generally one two Placement Fee Agreements Periodically, we enter into long-term agreements with certain gaming establishments to secure the placement of our electronic gaming machines (“EGMs”) on casino floors. Under the terms of these placement fee agreements that we generally pay in full at the start of the term, the Company has the ability to install EGMs on the gaming floor for an extended period of time (i.e., generally multi-year agreements, with our largest agreement covering 83 months) under right to use arrangements. The gaming operations revenues generated as a result of these agreements are reduced by the accretion of contract rights, which represents the related amortization of the contract rights recorded in connection with such agreements. To the extent payments are made for these placement fee agreements to certain gaming establishments, we classify the amounts as cash outflows from operating activities in our Statements of Cash Flows. Goodwill Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired plus liabilities assumed arising from business combinations. We test for impairment annually on a reporting unit basis, at the beginning of our fourth fiscal quarter, or more often under certain circumstances that indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step 0” assessment based on reviewing relevant events and circumstances; or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using an appropriate methodology, such as a market approach that compares market multiples of comparable companies and/or an income approach that discounts future cash flows based on the estimated future results of our reporting units and to determine whether or not any impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded (for additional information refer to “ Note 11 — Goodwill and Other I n tangible As sets ” ). Our reporting units are identified as operating segments or one level below. Reporting units must: (i) engage in business activities from which they earn revenues and incur expenses; (ii) have operating results that are regularly reviewed by our segment management to ascertain the resources to be allocated to the segment and assess its performance; and (iii) have discrete financial information available. As of December 31, 2024, our reporting units included: (i) Games; (ii) Financial Access Services; (iii) Kiosk Sales and Services; (iv) Central Credit Services; (v) Compliance Sales and Services; (vi) Loyalty Sales and Services; and (vii) Mobile Technologies. The annual evaluation of goodwill requires the use of different assumptions, estimates, or judgments in the goodwill impairment testing process, such as: the applicable methodology and weighting based on the market multiples of comparable companies, the estimated future cash flows of our reporting units and the discount rate used to present value such cash flows. There can be no assurance that our estimates and assumptions made for purposes of our impairment assessments as of the time of evaluation will prove to be accurate predictions of the future. If our assumptions regarding business plans, mergers and acquisitions, competitive environments or anticipated growth rates are not correct, we may be required to record non-cash impairment charges in future periods, whether in connection with our normal review procedures periodically, or earlier, if an indicator of an impairment is present prior to such evaluation. Other Intangible Assets Other intangible assets are stated at cost, less accumulated amortization, and are amortized primarily using the straight-line method. Other intangible assets consist primarily of customer relationships (rights to provide Games and FinTech services to gaming operator customers), developed technology, including capitalized software development costs, trade names and trademarks, acquired through business combinations and contract rights. Customer relationships require us to make renewal assumptions, which impact the estimated useful lives of such assets. Capitalized software development costs require us to make certain judgments as to the stages of development and costs eligible for capitalization. Capitalized software costs placed in service are amortized over their useful lives, generally not to exceed six years. We review intangible assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Such events or circumstances include, but are not limited to, a significant decrease in the fair value of the underlying business or market price of the asset, a significant adverse change in legal factors or business climate that could affect the value of an asset, or a current period operating or cash flow loss combined with a history of operating or cash flow losses. We group intangible assets for impairment analysis at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. Recoverability of definite lived intangible assets is measured by a comparison of the carrying amount of the asset to future net cash flows expected to be generated by the asset, on an undiscounted basis and without interest or taxes. Any impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets. Debt Issuance Costs Debt issuance costs incurred in connection with long-term borrowings are capitalized and amortized to interest expense based upon the related debt agreements using the straight-line method, which approximates the effective interest method. Debt issuance costs related to line-of-credit arrangements are included in other assets, non-current, on our Balance Sheets. All other debt issuance costs are included as contra-liabilities in long-term debt. Cost of Revenues (Exclusive of Depreciation and Amortization) The cost of revenues (exclusive of depreciation and amortization) represents the direct costs required to perform revenue generating transactions, and are comprised primarily of inventory and related costs associated with the sale of our financial access and loyalty kiosks and software, electronic gaming machines and system sale, check cashing warranties, field service, and network operations personnel. Advertising, Marketing, and Promotional Costs We expense advertising, marketing, and promotional costs as incurred. Total advertising, marketing, and promotional costs, included in operating expenses in the Statements of Operations, were $4.0 million, $4.0 million, and $3.5 million for the years ended December 31, 2024, 2023, and 2022, respectively. Research and Development Costs We conduct research and development activities for both our Games and FinTech segments. Our Gaming research and development activities are primarily to develop gaming systems, game engines, casino data management systems, central determination and other electronic bingo-outcome determination systems, video lottery outcome determination systems, gaming platforms and gaming content, and to enhance our existing product lines. Our FinTech research and development activities are primarily to develop: (i) payments products, systems, and related capabilities such as security, encryption and business rule engines that deliver differentiated patron experiences and integrate with our other products; (ii) compliance products that increase efficiencies, profitability, enhance employee/patron relationships, and meet regulatory reporting requirements; (iii) loyalty products, systems, and features that attract, engage, and retain patrons in more intuitive and contextual ways than our competition; (iv) cashless alternatives, such as the CashClub Wallet; and (v) mobile-first applications aimed at enhancing patron engagement for customers in the casino, sports, entertainment, and hospitality industries. Research and development costs consist primarily of salaries and benefits, consulting fees, certification and testing fees. Once the technological feasibility has been established, the project is capitalized until it becomes available for general release. Research and development costs were $77.3 million, $67.6 million, and $60.5 million for the years ended December 31, 2024, 2023, and 2022, respectively. Income Taxes We are subject to income taxes in the United States as well as various states and foreign jurisdictions in which we operate. We account for income taxes in accordance with accounting guidance whereby deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been included in the financial statements or income tax returns. Deferred tax assets and liabilities are determined based upon differences between financial statement carrying amounts of existing assets and their respective tax bases using enacted tax rates expected to apply to taxable income in years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on the income tax provision and deferred tax assets and liabilities generally is recognized in the results of operations in the period that includes the enactment date. We evaluate the realization of our deferred tax assets based on all available evidence and establish a valuation allowance to reduce deferred tax assets when it is more likely than not that they will not be realized. This assessment considers all available positive and negative evidence, including our past operating results, forecasts of future earnings, the scheduled reversal of deferred tax liabilities, the duration of statutory carryforward periods and tax planning strategies. We recognize tax benefits from an uncertain position only if it is more likely than not that the position will be sustained upon examination by taxing authorities based on the technical merits of the issue. The amount recognized is the largest benefit that we believe has greater than a 50% likelihood of being realized upon settlement. Although we believe our assumptions, judgments and estimates are reasonable, changes in tax laws, and their interpretation, as well as the examination of our tax returns by taxing authorities, could significantly impact the amounts provided for income taxes in our consolidated financial statements. Our effective tax rate is affected by a number of factors including the actual results of operations, changes in our stock price for shares issued as employee compensation, changes in the valuation of our deferred tax assets or liabilities and changes in tax laws or rates for income taxes and other non-income taxes in various jurisdictions. The Organization for Economic Cooperation and Development’s (“OECD”) Base Erosion and Profit Shifting project involving negotiations among over 140 countries has the potential to substantially affect international tax policies, including the implementation of a minimum global effective tax rate of 15%. We are not currently subject to these rules as they are only applicable to multinational companies with global revenue of at least EUR 750 million. We will continue to monitor developments in the OECD’s project and policy changes in the countries in which we operate, as our effective tax rate and cash tax payments could increase when we become subject to these rules in future years. Employee Benefits Plan The Company provides a 401(k) Plan that allows employees to defer up to the lesser of the Internal Revenue Code prescribed maximum amount or 75% of their income on a pre-tax basis through contributions to the plan. As a benefit to employees, the Company matches a percentage of these employee contributions (as defined in the plan document). Expenses related to the matching portion of the contributions to the 401(k) Plan were $7.8 million, $6.3 million, and $4.6 million for the years ended December 31, 2024, 2023, and 2022, respectively. Fair Values of Financial Instruments The fair value of a financial instrument represents the amount at which the instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. Fair value estimates are made at a specific point in time, based upon relevant market information about the financial instrument. The carrying amount of cash and cash equivalents, restricted cash, settlement receivables, short-term trade and other receivables, settlement liabilities, accounts payable, and accrued expenses approximate fair value due to the short-term maturities of these instruments. The fair value of the long-term trade and loans receivable is estimated by discounting expected future cash flows using current interest rates at which similar loans would be made to borrowers with similar credit ratings and remaining maturities. The fair value of long-term accounts payable is estimated by discounting the total obligation. As of December 31, 2024 and 2023, the fair value of trade and loan receivable approximated the carrying value due to contractual terms generally being slightly over 12 months. The fair value of our borrowings is estimated based on various inputs to determine a market price, such as: market demand and supply, size of tranche, maturity, and similar instruments trading in more active markets. The estimated fair value and outstanding balances of our borrowings are as follows (dollars in thousands): Level of Hierarchy Fair Value Outstanding Balance December 31, 2024 $600 million Term Loan 2 $ 561,201 $ 560,500 $400 million 2021 Unsecured Notes 2 $ 400,000 $ 400,000 December 31, 2023 $600 million Term Loan 2 $ 589,433 $ 586,500 $400 million 2021 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. Foreign Currency Translation Foreign currency denominated assets and liabilities for those foreign entities for which the local currency is the functional currency are translated into U.S. dollars based on exchange rates prevailing at the end of each year. Revenues and expenses are translated at average exchange rates during the year. The effects of foreign exchange gains and losses arising from these translations are included as a component of other comprehensive income (loss) in the Statements of Operations. Translation adjustments on intercompany balances of a long-term investment nature are recorded as a component of accumulated other comprehensive loss in our Balance Sheets. Use of Estimates We have made estimates and judgments affecting the amounts reported in these financial statements and the accompanying notes in conformity with GAAP. The actual results may materially differ from these estimates. Earnings Applicable to Common Stock Basic earnings per share is calculated by dividing net income by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the effect of potential common stock resulting from assumed stock option exercises and vesting of restricted stock unless it is anti-dilutive. To the extent we report a net loss from continuing operations in a particular period, no potential dilution from the application of the treasury stock method would be applicable. Stock-Based Compensation Stock-based compensation results in a cost that is measured at fair value on the grant date of an award. Generally, we issue grants that are classified as equity awards. To the extent we issue grants that are considered liability awards, they are remeasured at fair value at the end of each reporting period until settlement with changes being recognized as stock-based compensation cost with a corresponding adjustment recorded to the liability, either immediately or during the remaining service period depending on the vested status of the award. Generally, with respect to stock option awards granted under our plans, they expire 10 years from the date of grant with the exercise price based on the closing market price of our common stock on the date of the grant. Our restricted stock awards, restricted stock units, and performance-based stock units, are measured at fair value based on the closing stock price on the grant date, except for certain awards with a share-based payment arrangements priced in relation to similar indexed securities, which are valued using a lattice model. Our time-based stock option awards are measured at fair value on the grant date using the Black Scholes model. The stock-based compensation cost is recognized on a straight-line basis over the vesting period of the awards. Forfeiture amounts are estimated at the grant date for stock awards and are updated periodically based on actual results, to the extent they differ from the estimates. Acquisition-Related Costs We expense acquisition-related costs as incurred. Acquisition-related costs include, but are not limited to: financial advisory, legal and debt fees; accounting, consulting and professional fees associated with due diligence, valuation and integration; severance; and other related costs and adjustments. Reclassification of Balances Certain amounts in the accompanying consolidated financial statements and accompanying notes have been reclassified to be consistent with the current year presentation. These reclassifications had no effect on net income or financial condition for any period presented. Recent Accounting Guidance Recently Adopted Accounting Guidance Standard Description Date of 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 The adoption of this ASU resulted in the inclusion of significant expense and measure of profit or loss segment information Financial Statement disclosures. Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements 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 December 31, 2024, other than what has been described above, we do not anticipate recently issued accounting guidance to have a significant impact on our consolidated financial statements.

REVENUES

REVENUES	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
REVENUES	Revenues Revenue Recognition Overview We evaluate the recognition of revenue based on the criteria set forth in Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers and ASC 842 — Leases, as appropriate. We recognize revenue upon transferring control of goods or services to our customers in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We enter into contracts with customers that include various performance obligations consisting of goods, services, or combinations of goods and services. Timing of the transfer of control varies based on the nature of the contract. We recognize revenue net of any sales and other taxes collected from customers, which are subsequently remitted to governmental authorities and are not included in revenues or operating expenses. We measure revenue based on the consideration specified in a contract with a customer and adjusted, as necessary. Collectability To assess collectability, we determine whether it is probable that we will collect substantially all of the consideration to which we are entitled in exchange for the goods and services transferred to the customer in accordance with the terms and conditions of the contract. In connection with these procedures, we evaluate the customer using internal and external information available, including, but not limited to, research and analysis of our credit history with the customer. Based on the nature of our transactions and historical trends, we determine whether our customers have the ability and intention to pay the amounts of consideration when they become due to identify potentially significant credit risk exposure. Contract Combinations - Multiple Promised Goods and Services Our contracts may include various performance obligations for promises to transfer multiple goods and services to a customer, especially since our Games and FinTech businesses may enter into multiple agreements with the same customer that meet the criteria to be combined for accounting purposes under ASC 606. When this occurs, a Stand-Alone Selling Price (“SSP”) will be determined for each performance obligation in the combined arrangement, and the consideration will be allocated between the respective performance obligations. The SSP of our goods and services is generally determined based on observable prices, an adjusted market assessment approach, or an expected cost-plus margin approach. We utilize a residual approach only when the SSP for performance obligations with observable prices has been established and the remaining performance obligation in the contract with a customer does not have an observable price as it is uncertain or highly variable and, therefore, is not discernible. We use our judgment to analyze the nature of the promises made and determine whether each is distinct or should be combined with other promises in the contract based on the level of integration and interdependency between the individual deliverables. Disaggregation of Revenues We disaggregate revenues based on the nature and timing of the cash flows generated by such revenues as presented in “Note 19 — Segment Information.” Outbound Freight Costs, Installation and Training Upon transferring control of goods to a customer, the shipping and handling costs in connection with sale transactions are generally accounted for as fulfillment costs and included in cost of revenues. Our performance of installation and training services relating to the sales of gaming equipment and systems and FinTech equipment does not modify the software or hardware in those equipment and systems. Such installation and training services are generally immaterial in the context of the contract; and therefore, such items do not represent a separate performance obligation. Costs to Acquire a Contract with a Customer We typically incur incremental costs to acquire customer contracts in the form of sales commissions; however, because the expected benefit from these contracts is one year or less, we expense these amounts as incurred . 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, beginning of period $ 26,635 $ 22,417 Balance, end of period 35,564 26,635 Increase $ 8,929 $ 4,218 Contract liabilities (2) Balance, beginning of period $ 51,799 $ 53,419 Balance, end of period 63,563 51,799 Increase (decrease) $ 11,764 $ (1,620) (1) Contract assets are included within prepaid expenses and other current assets and other assets 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 $34.9 million and $36.0 million in revenue that was included in the beginning contract liability balance during 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. Gaming Operations We primarily provide: (i) leased gaming equipment, both Class II and Class III offerings, and HHR on a participation and a daily fixed-fee basis, including standard games and hardware and premium games and hardware, inclusive of local-area progressive, and WAP; (ii) accounting and central determinant systems; (iii) digital online gaming activities; and (iv) bingo solutions through consoles, integrated electronic gaming tablets and related systems. We evaluate the recognition of lease revenues based on criteria set forth in ASC 842. Under these arrangements, we retain ownership of the machines installed at customer facilities. We recognize recurring rental income over time based on a percentage of the net win per day generated by the leased gaming equipment or a daily fixed fee based on the timing services are provided. Such revenues are generated daily and are limited to the lesser of the net win per day generated by the leased gaming equipment and the fixed daily fee and the lease payments that have been collected from the lessee. Gaming operations revenues are generated by leased gaming equipment deployed at sites under placement fee agreements for dedicated floor space. The gaming operations revenues generated by these agreements are reduced by the accretion of contract rights, which represents the related amortization recorded in connection with such agreements. Gaming operations lease revenues accounted for under ASC 842 are generally short-term in nature with payment terms ranging from 30 to 90 days. We recognized $178.0 million, $201.9 million, and $197.9 million in lease revenues for the years ended December 31, 2024, 2023, and 2022, respectively. Gaming operations revenues include amounts generated by WAP systems, which are recognized under ASC 606. WAP consists of linked slot machines located in multiple casino properties that are connected to a central system. WAP-based gaming machines have a progressive jackpot administered by us that increases with every wager until a player wins the top award combination. Casino operators pay us a percentage of the coin-in (the total amount wagered), a percentage of net win, or a combination of both for services related to the design, assembly, installation, operation, maintenance, administration, and marketing of the WAP offering. The gaming operations revenues with respect to WAP machines represent a separate performance obligation and we transfer control and recognize revenue over time based on a percentage of the coin-in, a percentage of net win, or a combination of both, based on the timing services are provided. These arrangements are generally short-term in nature with a majority of invoices payable within 30 to 90 days. Such revenues are presented in the Statements of Operations, net of the jackpot expense, which are composed of incremental amounts funded by a portion of coin-in from the players. At the time a jackpot is won by a player, an additional jackpot expense is recorded in connection with the base seed amount required to fund the minimum level as set forth in the WAP arrangements with the casino operators. In addition, gaming operations include revenues generated under our arrangement to provide the New York State Gaming Commission (the “NYSGC”) with a central determinant monitoring and accounting system for the VLTs in operation at licensed State of New York gaming facilities. Pursuant to our agreement with the NYSGC, we receive a portion of the network-wide net win (generally, cash-in less prizes paid) per day in exchange for provision and maintenance of the central determinant system and recognize revenue over time, based on the timing services are provided. We also provide the central determinant system technology to Native American tribes in other licensed jurisdictions, for which we receive a portion of the revenue generated from the VLTs connected to the system. These arrangements are generally short-term in nature with payments due monthly. Gaming operations also include revenues generated by our digital solutions comprised of B2B activities. Our B2B operations provide games to our business customers, including both regulated real money and social casinos, which offer the games to consumers on their apps. Our B2B arrangements primarily provide access to our game content, and revenue is recognized over time as the control transfers upon our business partners’ daily access to such content based on either a flat fee or revenue share arrangements with the social and regulated real money casinos, based on the timing services are provided. Gaming operations also include revenues generated by bingo solutions through consoles, integrated electronic gaming tablets and related systems. Gaming operations also include other revenues that are generated from fees paid by casino customers that participate in our TournEvent of Champions® national slot tournament or who contract with us to provide certain service functions on games that are owned by the customer. Gaming Equipment and Systems Gaming equipment and systems revenues are derived from the sale of some combination of: (i) gaming equipment and player terminals; (ii) game content; (iii) license fees; and (iv) ancillary equipment, such as signage and lighting packages. Such arrangements are predominately short-term in nature with payment terms ranging from 30 to 180 days, and with certain agreements providing for extended payment terms up to 39 months. Each contract containing extended payment terms over a period of 12 months is evaluated for the presence of a financing component; however, our contracts generally do not contain a financing component that has been determined to be significant to the contract. Distinct and thus, separately identifiable performance obligations for gaming equipment and systems arrangements include gaming equipment, player terminals, content, system software, license fees, ancillary equipment, or various combinations thereof. Gaming equipment and systems revenues are recognized at a point in time when control of the promised goods and services transfers to the customer, which is generally upon shipment or delivery pursuant to the terms of the contract. The performance obligations are generally satisfied at the same time or within a short period of time. FinTech Revenues Financial Access Services Financial Access Services revenues are generally comprised of the following distinct performance obligations: funds advanced, funds dispensed, and check services. We do not control the funds advanced and funds dispensed services provided to a customer and, therefore, we are acting as an agent whose performance obligation is to arrange for the provision of these services. Our financial access services involve the movement of funds between the various parties associated with financial access transactions and give rise to settlement receivables and settlement liabilities, both of which are settled in days following the transaction. Funds advanced revenues are primarily comprised of transaction fees assessed to gaming patrons in connection with credit card financial access and POS debit card financial access transactions. Such fees are primarily based on a combination of a fixed amount plus a percentage of the face amount of the credit card financial access or POS debit card financial access transaction amount. In connection with these types of transactions, we report certain direct costs incurred as reductions to revenues on a net basis, which generally include: (i) commission expenses payable to casino operators; (ii) interchange fees payable to the network associations; and (iii) processing and related costs payable to other third-party partners. Funds dispensed revenues are primarily comprised of transaction fees in the form of cardholder surcharges assessed to gaming patrons in connection with funds dispensed cash withdrawals at the time the transactions are authorized and interchange reimbursement fees paid to us by the patrons’ issuing banks. The cardholder surcharges assessed to gaming patrons in connection with funds dispensed cash withdrawals are currently a fixed dollar amount and not a percentage of the transaction amount. In connection with these types of transactions, we report certain direct costs incurred as reductions to revenues on a net basis, which generally include: (i) commission expenses payable to casino operators; (ii) interchange fees payable to the network associations; and (iii) processing and related costs payable to other third-party partners. Funds transmitted revenues are primarily comprised of transaction fees assessed to gaming patrons in connection with funds transmitted to a patron’s external bank account or other approved account from a physical device such as our kiosks, or via the CashClub Wallet. In connection with these types of transactions, we report certain direct costs incurred as reductions to revenues on a net basis. Check services revenues are principally comprised of check warranty revenues and are generally based upon a percentage of the face amount of checks warranted. These fees are paid to us by gaming operators. We report certain direct costs incurred as reductions to revenues on a net basis, which include: (i) w arranty expenses, defined as amounts paid by the third-party check warranty service provider to gaming operators to purchase dishonored checks; and (ii) service fees, defined as amounts paid to the third-party check warranty service provider for its assistance. For financial access services arrangements, since the customer simultaneously receives and consumes the benefits as the performance obligations occur, we recognize revenues as earned over a period of time using an output method depicting the transfer of control to the customer based on variable consideration, such as volume of transactions processed with variability generally resolved in the reporting period. Software and Other Software and other revenues include amounts derived from our financial access, loyalty kiosk, compliance, and loyalty related revenue streams from the sale of: (i) software licenses, software subscriptions, professional services, and certain other ancillary fees; (ii) service-related fees associated with the sale, installation, training, and maintenance of equipment directly to our customers under contracts, which are generally short-term in nature with payment terms ranging from 30 to 90 days, secured by the related equipment; (iii) credit worthiness-related software subscription services that are based upon either a flat monthly unlimited usage fee or a variable fee structure driven by the volume of patron credit histories generated; and (iv) ancillary marketing and database services. Software license revenues are recognized at a point in time; software subscriptions are recognized over the term of the contract. 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 definition of a sales type or direct financing lease which are accounted for under ASC 842. Revenues are recognized at a point in time when control of the promised goods and services transfers to the customer generally upon shipment or delivery pursuant to the terms of the contract. The sales contracts are generally short-term in nature with payment terms ranging from 30 to 90 days, while certain agreements provide for extended payment terms of up to 60 months. Each contract containing extended payment terms over a period of 12 months is evaluated for the presence of a financing component; however, our contracts generally do not contain a financing component that has been determined to be significant to the contract.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Leases	LEASES We determine if a contract is, or contains, a lease at the inception, or modification, of a contract based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of an asset is predicated upon the notion that a lessee has both the right to (i) obtain substantially all of the economic benefit from the use of the asset; and (ii) direct the use of the asset. Operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of minimum lease payments over the expected lease term at commencement date. Lease expense is recognized on a straight-line basis over the expected lease term. Our lease arrangements have both lease and non-lease components, and we have elected the practical expedient to account for the lease and non-lease elements as a single lease. Certain of our lease arrangements contain options to renew with terms that generally have the ability to extend the lease term to a range of approximately one Lessee We enter into operating lease agreements for real estate purposes that generally consist of buildings for office space and warehouses for manufacturing purposes. Certain of our lease agreements consist of rental payments that are periodically adjusted for inflation. Our lease agreements do not contain material residual value guarantees or material restrictive covenants. Our lease agreements do not generally provide explicit rates of interest; therefore, we use our incremental collateralized borrowing rate, which is based on a fully collateralized and fully amortizing loan with a maturity date the same as the length of the lease that is based on the information available at the commencement date to determine the present value of lease payments. Leases with an initial expected term of 12 months or less (short-term) are not accounted for on our Balance Sheets. As of December 31, 2024 and December 31, 2023, our finance leases were not material. Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At December 31, 2024 At December 31, 2023 Assets Operating lease ROU assets Other assets, non-current $ 24,299 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,579 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,472 $ 26,930 Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2024 2023 2022 Cash paid for: Long-term operating leases $ 8,908 $ 7,413 $ 6,885 Short-term operating leases $ 2,318 $ 2,090 $ 1,660 ROU assets obtained in exchange for lease obligations: Operating leases (1) $ 2,863 $ 17,690 $ 7,502 (1) The amounts are presented net of current year terminations and exclude amortization for the period. Other information related to lease terms and discount rates is as follows: At December 31, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.41 6.71 Weighted average discount rate: Operating leases 6.32 % 6.08 % Components of lease expense are as follows (in thousands): Year Ended December 31, 2024 2023 2022 Operating lease cost: Operating lease cost (1) $ 7,813 $ 6,786 $ 6,008 Variable lease cost $ 1,465 $ 1,461 $ 1,164 (1) The amounts include approximately $6.0 million, $6.1 million and $4.8 million in non-cash lease expense attributable to amortization of ROU assets for the years ended December 31, 2024, 2023 and 2022, respectively. Maturities of lease liabilities are summarized as follows as of December 31, 2024 (in thousands): Year ending December 31, Amount 2025 $ 9,219 2026 6,064 2027 3,938 2028 3,430 2029 2,580 Thereafter 12,185 Total future minimum lease payments $ 37,416 Amount representing interest 7,365 Present value of future minimum lease payments $ 30,051 Current operating lease obligations 7,579 Long-term lease obligations $ 22,472 Lessor We generate lease revenues primarily from our gaming operations activities, and the majority of our leases are month-to-month leases. Under these arrangements, we retain ownership of the electronic gaming machines (“EGMs”) installed at customer facilities. We receive recurring revenues based on a percentage of the net win per day generated by the leased gaming equipment or a fixed daily fee. Such revenues are generated daily and are limited to the lesser of the net win per day generated by the leased gaming equipment or the fixed daily fee and the lease payments that have been collected from the lessee. Certain of our leases have terms and conditions with options for a lessee to purchase the underlying assets. Refer to “Note 3 — Revenues” for further discussion of lease revenues. We did not have material sales transactions that qualified for sales-type lease accounting treatment during the years ended December 31, 2024 and December 31, 2023. Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At December 31, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 1,902 $ 810
Leases	LEASES We determine if a contract is, or contains, a lease at the inception, or modification, of a contract based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of an asset is predicated upon the notion that a lessee has both the right to (i) obtain substantially all of the economic benefit from the use of the asset; and (ii) direct the use of the asset. Operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of minimum lease payments over the expected lease term at commencement date. Lease expense is recognized on a straight-line basis over the expected lease term. Our lease arrangements have both lease and non-lease components, and we have elected the practical expedient to account for the lease and non-lease elements as a single lease. Certain of our lease arrangements contain options to renew with terms that generally have the ability to extend the lease term to a range of approximately one Lessee We enter into operating lease agreements for real estate purposes that generally consist of buildings for office space and warehouses for manufacturing purposes. Certain of our lease agreements consist of rental payments that are periodically adjusted for inflation. Our lease agreements do not contain material residual value guarantees or material restrictive covenants. Our lease agreements do not generally provide explicit rates of interest; therefore, we use our incremental collateralized borrowing rate, which is based on a fully collateralized and fully amortizing loan with a maturity date the same as the length of the lease that is based on the information available at the commencement date to determine the present value of lease payments. Leases with an initial expected term of 12 months or less (short-term) are not accounted for on our Balance Sheets. As of December 31, 2024 and December 31, 2023, our finance leases were not material. Supplemental balance sheet information related to our operating leases is as follows (in thousands): Classification on our Balance Sheets At December 31, 2024 At December 31, 2023 Assets Operating lease ROU assets Other assets, non-current $ 24,299 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,579 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,472 $ 26,930 Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2024 2023 2022 Cash paid for: Long-term operating leases $ 8,908 $ 7,413 $ 6,885 Short-term operating leases $ 2,318 $ 2,090 $ 1,660 ROU assets obtained in exchange for lease obligations: Operating leases (1) $ 2,863 $ 17,690 $ 7,502 (1) The amounts are presented net of current year terminations and exclude amortization for the period. Other information related to lease terms and discount rates is as follows: At December 31, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.41 6.71 Weighted average discount rate: Operating leases 6.32 % 6.08 % Components of lease expense are as follows (in thousands): Year Ended December 31, 2024 2023 2022 Operating lease cost: Operating lease cost (1) $ 7,813 $ 6,786 $ 6,008 Variable lease cost $ 1,465 $ 1,461 $ 1,164 (1) The amounts include approximately $6.0 million, $6.1 million and $4.8 million in non-cash lease expense attributable to amortization of ROU assets for the years ended December 31, 2024, 2023 and 2022, respectively. Maturities of lease liabilities are summarized as follows as of December 31, 2024 (in thousands): Year ending December 31, Amount 2025 $ 9,219 2026 6,064 2027 3,938 2028 3,430 2029 2,580 Thereafter 12,185 Total future minimum lease payments $ 37,416 Amount representing interest 7,365 Present value of future minimum lease payments $ 30,051 Current operating lease obligations 7,579 Long-term lease obligations $ 22,472 Lessor We generate lease revenues primarily from our gaming operations activities, and the majority of our leases are month-to-month leases. Under these arrangements, we retain ownership of the electronic gaming machines (“EGMs”) installed at customer facilities. We receive recurring revenues based on a percentage of the net win per day generated by the leased gaming equipment or a fixed daily fee. Such revenues are generated daily and are limited to the lesser of the net win per day generated by the leased gaming equipment or the fixed daily fee and the lease payments that have been collected from the lessee. Certain of our leases have terms and conditions with options for a lessee to purchase the underlying assets. Refer to “Note 3 — Revenues” for further discussion of lease revenues. We did not have material sales transactions that qualified for sales-type lease accounting treatment during the years ended December 31, 2024 and December 31, 2023. Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At December 31, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 1,902 $ 810

BUSINESS COMBINATIONS

BUSINESS COMBINATIONS	12 Months Ended
	Dec. 31, 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 $16.2 million during the year ended December 31, 2024, 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 the closing of the Proposed Transaction, 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 $6.4 million during the year ended December 31, 2024, and employee retention costs of approximately $12.3 million during the year ended December 31, 2024, 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 financi al 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 to reduce the liability, 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. 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, an immaterial amount twelve-months following the Venuetize Closing Date that was netted against a net working capital receivable of approximately $1.0 million and approximately $0.9 million based upon the achievement of certain revenue targets on the twenty-four month anniversary 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. During the fourth quarter of 2024, we revised our estimate of contingent consideration to be paid on the thirty month anniversary of the Venuetize Closing Date based upon the achievement of certain revenue targets, which are no longer expected to be achieved. As a result, we recorded an adjustment of approximately $0.7 million to reduce the liability, 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 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 first quarter of 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 year ended December 31, 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 $817.0 million and $824.0 million and net income of approximately $83.0 million and $109.2 million for the years ended December 31, 2023 and 2022, respectively. The acquisitions related to eCash, Intuicode and Venuetize occurred during fiscal 2022; therefore, each are included in our Financial Statements for the years ended December 31, 2024 and 2023. The unaudited pro forma financial results on a consolidated basis, including the historical operating results of the Company, assuming the eCash, Intuicode and Venuetize acquisitions occurred on January 1, 2021, reflected revenue of approximately $797.6 million and net income of approximately $111.4 million for the year ended December 31, 2022. 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	12 Months Ended
	Dec. 31, 2024
A T M Funding Agreement Disclosure [Abstract]
FUNDING AGREEMENTS	FUNDING AGREEMENTS Commercial Cash Arrangements 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 $18.6 million, $20.4 million, and $9.3 million for the years ended December 31, 2024, 2023, and 2022, 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 $379.3 million and $388.5 million as of December 31, 2024 and 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 years ended December 31, 2024, 2023, and 2022. Site-Funded ATMs We operate ATMs at certain gaming operators’ establishments where the gaming operator provides the cash required for the ATMs’ operational needs. We are required to reimburse the customer for the amount of cash dispensed from these site-funded ATMs. The site-funded ATM liability included within settlement liabilities in the accompanying Balance Sheets was approximately $309.8 million and $483.7 million as of December 31, 2024 and 2023, respectively. Third-Party Funded ATMs We enter into agreements with international customers for certain of our ATMs whereby we engage with third parties to provide the cash required to operate the ATMs. The amount of cash supplied by these third parties is included within settlement liabilities in the accompanying Balance Sheets. The outstanding balances in connection with these arrangements were immaterial at December 31, 2024 and 2023. Pre-Funded Financial Access Agreements Due to regulatory requirements in certain jurisdictions, some international gaming operators require pre-funding of cash to cover the outstanding settlement amounts in order for us to provide financial access services to their properties. We enter into agreements with these gaming operators for which we supply our financial access services to their properties. Under these agreements, we maintain sole discretion to either continue or cease operations as well as discretion over the amounts pre-funded to the properties and may request amounts to be refunded to us, with appropriate notice to the operator, at any time. The initial pre-funded amounts and subsequent amounts from the settlement of transactions are deposited into a bank account that is to be used exclusively for financial access services, and we maintain the right to monitor the transaction activity in that account. The total amount of pre-funded cash outstanding was approximately $3.6 million at December 31, 2024 and 2023, respectively, and is included in prepaid expenses and other current assets line on our Balance Sheets.

TRADE AND OTHER RECEIVABLES

TRADE AND OTHER RECEIVABLES	12 Months Ended
	Dec. 31, 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 December 31, 2024 2023 Trade and other receivables, net Games trade and loans receivable $ 61,298 $ 66,044 FinTech trade and loans receivable 27,288 26,550 Other receivables 5,598 4,474 Total trade and other receivables, net 94,184 97,068 Non-current portion of receivables Games trade and loans receivable 2,461 480 FinTech trade and loans receivable 3,868 2,306 Total non-current portion of receivables 6,329 2,786 Total trade and other receivables, current portion $ 87,855 $ 94,282 Allowance for Credit Losses The activity in our allowance for credit losses for the years ended December 31, 2024 and 2023 is as follows (in thousands): At December 31, 2024 2023 Beginning allowance for credit losses $ (5,210) $ (4,855) Provision (11,422) (11,623) Charge-offs and recoveries 10,976 11,268 Ending allowance for credit losses $ (5,656) $ (5,210)

INVENTORY

INVENTORY	12 Months Ended
	Dec. 31, 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 December 31, 2024 2023 Inventory Component parts, net of reserves of $6,693 and $3,144 at December 31, 2024 and December 31, 2023, respectively $ 54,324 $ 59,632 Work-in-progress 918 1,147 Finished goods 12,579 9,845 Total inventory $ 67,821 $ 70,624 During the year ended December 31, 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 10 — 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.

PREPAID EXPENSES AND OTHER ASSE

PREPAID EXPENSES AND OTHER ASSETS	12 Months Ended
	Dec. 31, 2024
Prepaid Expense and Other Assets [Abstract]
PREPAID EXPENSES AND OTHER ASSETS	PREPAID EXPENSES AND OTHER ASSETS Prepaid expenses and other assets include the balance of prepaid expenses, deposits, debt issuance costs on our Revolver (as defined below “Note 13 — Long-Term Debt” ), restricted cash, operating lease ROU assets, and other assets. The current portion of these assets is included in prepaid expenses and other current assets and the non-current portion is included in other assets, both of which are contained within our Balance Sheets. The balance of the current portion of prepaid expenses and other assets consisted of the following (in thousands): At December 31, 2024 2023 Prepaid expenses and other current assets Prepaid expenses $ 26,052 $ 25,608 Contract assets (1) 16,961 13,651 Deposits 13,636 10,530 Restricted cash (2) 7,803 5,190 Other 3,662 2,578 Total prepaid expenses and other current assets $ 68,114 $ 57,557 (1) Refer to “Note 3 — Revenues” for a discussion on the contract assets. (2) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for discussion on the composition of the restricted cash balance. The balance of the non-current portion of other assets consisted of the following (in thousands): At December 31, 2024 2023 Other assets Operating lease ROU assets $ 24,299 $ 27,489 Contract assets (1) 18,603 12,984 Prepaid expenses and deposits 9,624 9,429 Debt issuance costs of revolving credit facility 609 993 Other 12,410 13,415 Total other assets $ 65,545 $ 64,310 (1) Refer to “Note 3 — Revenues” for a discussion on the contract assets.

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT	PROPERTY AND EQUIPMENT Property and equipment consist of the following (in thousands): At December 31, 2024 At December 31, 2023 Useful Life (Years) Cost Accumulated Depreciation Net Book Value Cost Accumulated Depreciation Net Book Value Property and equipment Rental pool - deployed 2-5 $ 297,909 $ 201,141 $ 96,768 $ 308,438 $ 218,110 $ 90,328 Rental pool - undeployed 2-5 42,360 30,364 11,996 39,578 29,770 9,808 FinTech equipment 1-5 29,218 20,666 8,552 32,719 21,911 10,808 Leasehold and building improvements Lease Term 16,630 3,597 13,033 19,271 4,887 14,384 Machinery, office, and other equipment 1-5 65,518 37,875 27,643 63,857 36,481 27,376 Total $ 451,635 $ 293,643 $ 157,992 $ 463,863 $ 311,159 $ 152,704 Depreciation expense related to property and equipment totaled approximately $89.6 million, $78.7 million, and $66.8 million for the years ended December 31, 2024, 2023, and 2022, respectively. During the third and fourth quarters 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 additional depreciation expense of approximately $7.5 million, which was included within Depreciation Expense of our Statements of Operations.

GOODWILL AND OTHER INTANGIBLE A

GOODWILL AND OTHER INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 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 $736.5 million and $737.8 million at December 31, 2024 and 2023, respectively. We have the following reporting units: (i) Games; (ii) Financial Access Services; (iii) Kiosk Sales and Services; (iv) Central Credit Services; (v) Compliance Sales and Services; (vi) Loyalty Sales and Services; and (vii) Mobile Technologies. In accordance with ASC 350 (“Intangibles—Goodwill and Other”), we test goodwill at the reporting unit level, which is identified as an operating segment or one level below, for impairment on an annual basis and between annual tests if events and circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. We test our goodwill for impairment on October 1 each year, or more frequently if events or changes in circumstances indicate that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step Zero” assessment based on reviewing relevant events and circumstances or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using both an income approach that discounts future cash flows based on the estimated future results of our reporting units and a market approach that compares market multiples of comparable companies to determine whether or not any impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded. In connection with our annual goodwill impairment testing process for 2024 and 2023, we utilized a Step 1 approach and determin ed that no impairment adjustments were necessary for each of our reporting units. The changes in the carrying amount of goodwill are as follows (in thousands): Games Financial Access Services Kiosk Sales and Services Central Credit Services Compliance Sales and Services Loyalty Sales and Services Mobile Technologies Total Goodwill Balance, December 31, 2022 $461,443 $157,049 $15,860 $17,127 $12,136 $41,395 $10,860 $715,870 Foreign currency translation — 14 (819) — — — — (805) Acquisition related adjustments 22,932 — 2,925 — — — (1,245) 24,612 Subsequent recognition of deferred tax assets — (1,873) — — — — — (1,873) Balance, December 31, 2023 $484,375 $155,190 $17,966 $17,127 $12,136 $41,395 $9,615 $737,804 Foreign currency translation (175) (48) (1,081) — — — — (1,304) Acquisition related adjustments (30) — — — — — — (30) Balance, December 31, 2024 $484,170 $155,142 $16,885 $17,127 $12,136 $41,395 $9,615 $736,470 Other Intangible Assets Other intangible assets consist of the following (in thousands): At December 31, 2024 At December 31, 2023 Useful Life (Years) Cost Accumulated Amortization Net Book Value Cost Accumulated Amortization Net Book Value Other intangible assets Contract rights under placement fee agreements 2-7 $ 57,821 $ 30,931 $ 26,890 $ 57,821 $ 21,592 $ 36,229 Customer relationships 3-14 337,236 276,218 61,018 337,829 255,972 81,857 Developed technology and software 1-7 499,104 371,695 127,409 453,453 340,286 113,167 Patents, trademarks, and other 2-18 24,726 23,128 1,598 24,783 21,898 2,885 Total $ 918,887 $ 701,972 $ 216,915 $ 873,886 $ 639,748 $ 234,138 Amortization expense related to other intangible assets totaled approximately $64.3 million, $60.0 million, and $59.6 million for the years ended December 31, 2024, 2023, and 2022, respectively. We capit alized $56.9 million, $49.4 million , and $46.3 million of internally-developed software costs for the years ended December 31, 2024, 2023, and 2022, respectively. Placement fees are allocated to intangible assets and are generally amortized over the term of the contract, which is recorded as a reduction of revenue generated from the facility. In the past we have, and in the future, we may, by mutual agreement, amend the agreements to reduce our floor space at these facilities. We paid approximat ely $0.5 million in placement fees for the year ended December 31, 2022. T here were no imputed interest amounts recorded in connection with the payments for t he year ended December 31, 2022. There were no placement fees paid for the years ended December 31, 2024 and 2023, respectively. On a quarterly basis, we evaluate our other intangible assets for potential impairment as part of our review process. During the fourth quarter of 2023 , we recorded a partial write-down of the definite-lived customer relationships intangible asset associated with our acquisition of Intuicode, reflected in the Games segment. The impairment loss of approximately $11.7 million was included within Operating Expenses There was no material impairment identified for any of our other intangible assets for the years ended December 31, 2024 and 2022, respectively . The anticipated amortization expense related to other intangible assets, assuming no subsequent impairment of the underlying assets, is as follows (in thousands): Anticipated amortization expense Amount 2025 $ 65,203 2026 44,372 2027 15,232 2028 5,147 2029 4,239 Thereafter 14,004 Total (1) $ 148,197 (1) For the year ended December 31, 2024, the Company had $68.7 million in other intangible assets that had not yet been placed into service.

ACCOUNTS PAYABLE AND ACCRUED EX

ACCOUNTS PAYABLE AND ACCRUED EXPENSES	12 Months Ended
	Dec. 31, 2024
Payables and Accruals [Abstract]
ACCOUNTS PAYABLE AND ACCRUED EXPENSES	ACCOUNTS PAYABLE AND ACCRUED EXPENSES The following table presents our accounts payable and accrued expenses (amounts in thousands): At December 31, 2024 2023 Accounts payable and accrued expenses Customer commissions payable 81,676 74,376 Contract liabilities 60,922 51,395 Payroll and related expenses 19,643 14,367 Accounts payable - trade 13,870 30,261 Financial access processing and related expenses 10,401 8,670 Accrued interest 9,332 9,616 Operating lease liabilities 7,579 7,079 Accrued income taxes 3,972 6,367 Contingent consideration and acquisition-related liabilities (1) 2,397 5,623 Other 11,223 7,776 Total accounts payable and accrued expenses $ 221,015 $ 215,530 (1) Refer to “Note 5 — Business Combinations”

LONG-TERM DEBT

LONG-TERM DEBT	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
LONG-TERM DEBT	LONG-TERM DEBT The following table summarizes our indebtedness (in thousands): Maturity Interest At December 31, Date Rate 2024 2023 Long-term debt $600 million Term Loan 2028 SOFR+CSA+2.50% $ 560,500 $ 586,500 $125 million Revolver 2026 SOFR+CSA+2.50% — — Senior Secured Credit Facilities 560,500 586,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 960,500 986,500 Debt issuance costs and discount (9,565) (12,035) Total debt after debt issuance costs and discount 950,935 974,465 Current portion of long-term debt — (6,000) Total long-term debt, net of current portion $ 950,935 $ 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 (the “Closing Date”), among the Company, the lenders party thereto and Jefferies Finance LLC, as administrative agent, collateral agent, swing line lender and a letter of credit issuer (the “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 for interest periods of one month of 0.1%, an adjustment for interest periods of two months of 0.3% and an adjustment for interest periods of three months of 0.4%. The Revolver is available for general corporate purposes, including permitted acquisitions, working capital and the issuance of letters of credit. Borrowings under the Revolver are subject to the satisfaction of customary conditions, including the absence of defaults and the accuracy of representations and warranties. Our Revolver remained fully undrawn as of December 31, 2024. The Company is required to make periodic payments on the Term Loan in an amount equal to 0.25% per quarter of the initial aggregate principal, with the final principal repayment installment on the maturity date. Interest is due in arrears on each interest payment date applicable thereto and at such other times as may be specified in the Credit Agreement. As to any loan other than a base rate loan, the interest payment dates shall be the last day of each interest period applicable to such loan and the maturity date (provided, however, that if any interest period for a SOFR loan exceeds three months, the respective dates that fall every three months after the beginning of such interest period shall also be interest payment dates). As to any base rate loan, the interest payment dates shall be last business day of each of March, June, September and December and the maturity date. During the fourth quarter of fiscal year 2024, the Company paid $20.0 million, which satisfied all required periodic principal payments through maturity with the exception of a partial quarterly payment due in 2028. Voluntary prepayments of the Term Loan and the Revolver and voluntary reductions in the unused commitments are permitted in whole or in part, in minimum amounts as set forth in the Credit Agreement governing the Credit Facilities, with prior notice, and without premium or penalty, except that certain refinancings or repricings of the Term Loan within six months after the Closing Date will be subject to a prepayment premium of 1.00% of the principal amount repaid. The Credit Agreement contains certain covenants that, among other things, limit the Company’s ability, and the ability of certain of its subsidiaries, to incur additional indebtedness, sell assets or consolidate or merge with or into other companies, pay dividends or repurchase or redeem capital stock, make certain investments, issue capital stock of subsidiaries, incur liens, prepay, redeem or repurchase subordinated debt, and enter into certain types of transactions with its affiliates. The Credit Agreement also requires the Company, together with its subsidiaries, to comply with a maximum consolidated secured leverage ratio of 4.25:1.00 as of the measurement date. The weighted average interest rate on the Term Loan wa s 7.78% for the year ended December 31, 2024. Senior Unsecured Notes Our Senior Unsecured Notes (the “2021 Unsecured Notes”) due 2029 had an outstanding balance of $400 million as of December 31, 2024, for which interest accrues at a rate of 5.00% per annum and is payable semi-annually in arrears on each January 15 and July 15. Compliance with Debt Covenants We were in compliance with the covenants and terms of the Credit Facilities and the 2021 Unsecured Notes as of December 31, 2024. Principal Repayments The maturities of our borrowings at December 31, 2024 are as follows (in thousands): Amount Maturities of borrowings 2025 $ — 2026 — 2027 — 2028 560,500 2029 400,000 Thereafter — Total $ 960,500

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 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 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. We did not have any new material legal matters that were accrued as of December 31, 2024. 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. This case is currently on the court’s October 6, 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. 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 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. In addition, we have commitments with respect to certain lease obligations discussed in “Note 4 — Leases , ” installment payments under our asset purchase agreements discussed in “Note 5 — Business Combinations , ” and debt obligations discussed in “ Note 1 3 — Long-Term Debt .”

STOCKHOLDER'S EQUITY

STOCKHOLDER'S EQUITY	12 Months Ended
	Dec. 31, 2024
Stockholders' Equity Note [Abstract]
STOCKHOLDER'S 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 year ended December 31, 2024. There were approximately 7.5 million and 5.0 million shares repurchased at an average price of $13.40 and $16.93 per share for an aggregate amount of $100.0 million and $84.3 million during the years ended December 31, 2023 and 2022, respectively. Preferred Stock. Our amended and restated certificate of incorporation, as amended, allows our Board of Directors, without further action by stockholders, to issue up to 50,000,000 shares of preferred stock in one or more series and to fix the designations, powers, preferences, privileges and relative participating, optional, or special rights as well as the qualifications, limitations or restrictions of the preferred stock, including dividend rights, conversion rights, voting rights, terms of redemption and liquidation preferences. As of December 31, 2024 and 2023, we had no shares of preferred stock outstanding. Common Stock. Subject to the preferences that may apply to shares of preferred stock that may be outstanding at the time, the holders of outstanding shares of common stock are entitled to receive dividends out of assets legally available at the times and in the amounts as our Board of Directors may from time to time determine. All dividends are non-cumulative. In the event of the liquidation, dissolution or winding up of Everi, the holders of common stock are entitled to share ratably in all assets remaining after the payment of liabilities, subject to the prior distribution rights of preferred stock, if any, then outstanding. Each stockholder is entitled to one vote for each share of common stock held on all matters submitted to a vote of stockholders. Cumulative voting for the election of directors is not provided for. The common stock is not entitled to preemptive rights and is not subject to conversion or redemption. There are no sinking fund provisions applicable to the common stock. Each outstanding share of common stock is fully paid and non-assessa ble. As of December 31, 2024 and 2023, we had 125,853,023 and 123,178,882 shares of common stock issued, respectively. Treasury Stock. In addition to open market purchases of common stock authorized under the Share Repurchase Program, employees may direct us to withhold vested shares of restricted stock to satisfy the maximum statutory withholding requirements applicable to their restricted stock vesting. We repurchased or withheld from restricted stock awards an immaterial amount of shares of common stock for the year ended December 31, 2024 and 0.6 million shares of common stock at an aggregate purchase price of approximately $9.2 million for the year ended December 31, 2023, to satisfy the maximum applicable tax withholding obligations related to the vesting of such restricted stock awards.

WEIGHTED AVERAGE SHARES OF COMM

WEIGHTED AVERAGE SHARES OF COMMON STOCK	12 Months Ended
	Dec. 31, 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 basic and diluted earnings per share is as follows (in thousands): At December 31, 2024 2023 2022 Weighted average shares Weighted average number of common shares outstanding — basic 85,023 87,176 90,494 Potential dilution from equity awards (1) 3,128 4,809 7,013 Weighted average number of common shares outstanding — diluted (1) 88,151 91,985 97,507 (1) There were 0.4 million and 0.3 million shares that were anti-dilutive under the treasury stock method for the years ended December 31, 2024 and 2023, respectively. T here were an immaterial amount of

SHARE-BASED COMPENSATION

SHARE-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
SHARE-BASED COMPENSATION	SHARE-BASED COMPENSATION Equity Incentive Awards Our 2014 Equity Incentive Plan (as amended and rest ated effective May 22, 2024, the “Equity Incentive Plan ”) is used to attract and retain key personnel, to provide additional incentives to employees, directors, and consultants, and to promote the success of our business. Our Equity Incentive Plan is administered by the Compensation Committee of our Board of Directors, which has the authority to select individuals who are to receive equity incentive awards and to specify the terms and conditions of grants of such awards, including, but not limited to the vesting provisions and exercise prices, as applicable. 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 (1,746) (928) Canceled or forfeited (195) (207) Outstanding, December 31, 2024 2,972 2,802 There are approximately 4.5 million awards of our common stock available for future equity grants under our existing equity incentive plan. Stock Options The fair value of our standard time-based options was determined as of the date of grant using the Black-Scholes option pricing model. The assumptions used included a 4.7%, 3.5% and 2.9% risk-free interest rate, an expected life of 4.9 years, 5.1 years and 4.9 years, historical volatility of 58.7%, 55.4% and 55.7%, and no expected dividend yield for options granted for the years ended December 31, 2024, 2023 and 2022, respectively. Our time-based stock options granted under our equity plans generally vest at a rate of either 33% or 25% per year on each of the first three four The following table presents the options activity: Number of Options Weighted Average Exercise Price Weighted Average Life Remaining Aggregate Intrinsic Value Outstanding, December 31, 2023 4,804 $ 4.28 2.6 $ 34,350 Granted 109 8.04 Exercised (1,746) 4.67 Canceled or forfeited (195) 6.75 Outstanding, December 31, 2024 2,972 4.03 2.3 28,538 Vested and expected to vest after, December 31, 2024 2,959 4.01 2.3 28,488 Exercisable, December 31, 2024 2,786 $ 3.54 1.9 $ 27,980 The following table presents the options outstanding and exercisable by price range: Options Outstanding Options Exercisable Number Weighted Average Remaining Contract Life Weighted Number Weighted Range of Exercise Prices (in thousands) (Years) Prices (in thousands) Price $ 1.46 $ 2.78 1,035 1.3 $ 2.05 1,035 $ 2.05 3.29 3.29 1,448 2.2 3.29 1,448 3.29 6.30 8.32 327 3.3 7.75 224 7.62 15.12 15.12 90 8.3 15.12 30 15.12 16.69 16.69 72 7.4 16.69 49 16.69 2,972 2,786 The total intrinsic value of options exercised was $11.2 million, $18.3 million, and $4.9 million for the years ended December 31, 2024, 2023, and 2022, respectively. The unrecognized non-cash compensation expense related to options expected to vest as of December 31, 2024 was $0.7 million which i s expected to be recognized on a straight-line basis over a weighted average period of 1.8 years. The unrecognized non-cash compensation expense related to options expected to vest as of December 31, 2023 and 2022 was not material. We recorded approximately $0.5 million, $0.4 million and $0.1 million in non-cash compensation expense, which was included within Operating Expenses of our Statements of Operations, related to options granted that were expected to vest as of December 31, 2024, 2023 and 2022, respectively. We received approximately $8.2 million, $14.0 million and $1.9 million in proceeds from the exercise of options during 2024, 2023 and 2022, respectively. Restricted Stock Units The fair value of our restricted stock units awarded is based on the closing stock price of our common stock at the date of grant, except for certain awards with a share-based payment arrangements priced in relation to similar indexed securities. Awards with share-based payment arrangements priced in relation to similar indexed securities fair values were determined using a lattice model. The assumptions used include a risk-free interest rate of 4.8% and 3.7%, a useful life term of 2.7 years, historical volatility of 43.6% and 48.4%, and no expected dividend yield for those certain awards with a share-based payment arrangement priced in relation to similar indexed securities granted for the years ended December 31, 2024 and 2023, respectively. There were no awards with a share-based payment arrangements priced in relation to similar indexed securities for the year ended December 31, 2022. Time-based Awards The time-based restricted stock units (“RSUs”) granted to executives and the employee base, during 2024, 2023 and 2022, generally vest at a rate of either 33% per year on each of the first three The RSUs granted to independent members of our Board of Directors, during 2024, 2023 and 2022, vest on the one-year anniversary of the date of grant and settle on the earliest of the following events: (i) ten-year anniversary of the date of grant; (ii) death; (iii) the occurrence of a Change in Control (as defined in the Equity Incentive Plan), subject to qualifying conditions; or (iv) the date that is six months following the separation from service, subject to qualifying conditions. Performance-based Awards The performance-based restricted stock units (“PSUs”) granted during 2024 will be evaluated by the Compensation Committee of our Board of Directors after a performance period, beginning on the date of grant through December 31, 2026, based on the Company’s total stockholder return ranking over the performance period in comparison to the Russel 3000 Index. To the extent the performance criteria of the metrics are approved, the eligible awards will become vested on the third anniversary of the date of grant. We record stock-based compensation expense over the required service period based on the amount of shares expected to vest pursuant to the achievement measures associated with the performance award. The performance-based restricted stock units (“PSUs”) granted during 2023 will be evaluated by the Compensation Committee of our Board of Directors after a performance period, beginning on the date of grant through December 31, 2025, based on total operating income and modified based on the Company’s total stockholder return ranking over the performance period in comparison to the Russel 3000 Index. To the extent the performance criteria of the metrics are approved, the eligible awards will become vested on the third anniversary of the date of grant. We record stock-based compensation expense over the required service period based on the amount of shares expected to vest pursuant to the achievement measures associated with the performance award. The performance-based restricted stock units (“PSUs”) granted during 2022 have been evaluated by the Compensation Committee of our Board of Directors for the performance period, beginning on the date of grant through December 31, 2024, based on certain revenue and adjusted operating cash flow growth rate metrics, with achievement of each measure to be determined independently of one another. In light of the metrics not being met during the performance period, the Board of Directors determined that none of the PSUs granted in 2022 are eligible to become vested on the third anniversary of the date of grant. The following table presents our RSU and PSU awards activity: Shares Outstanding Weighted Average Grant Date Fair Value Weighted Average Life Remaining Aggregate Intrinsic Value Outstanding, December 31, 2023 2,464 $ 15.88 1.2 $ 27,747 Granted 1,473 8.71 Vested (928) 17.24 Forfeited (207) 12.54 Outstanding, December 31, 2024 2,802 12.15 1.2 37,861 Expected to vest after, December 31, 2024 2,297 $ 12.33 1.1 $ 31,037 There was approximately $13.6 million in unrecognized compensation expense related to the awards expected to vest as of December 31, 2024. This cost is expected to be recognized on a straight-line basis over a weighted average period of 1.5 years. We recorded approximately $10.2 million in non-cash compensation expense , which was included within Operating Expenses of our Statements of Operations, related to these awards for the year ended December 31, 2024. There were approximately 1.6 million and 1.3 million shares of these awards granted for the years ended December 31, 2023 and 2022, respectively. The weighted average grant date fair value per share of these awards granted was $13.34 and $16.08 for the years ended December 31, 2023 and 2022, respectively. There were 1.7 million and 2.1 million RSU awards that vested during the years ended December 31, 2023 and 2022, respectively. There was approximately $20.0 million and $20.1 million unrecognized compensation expense related to these awards expected to vest as of December 31, 2023 and 2022, respectively. This cost was expected to be recognized on a straight-line basis over a weighted average period of 1.5 years and 1.2 years, respectively. We recorded approximately $18.3 million and $19.7 million in non-cash compensation expense , which was included within Operating Expenses of our Statements of Operations, related to RSU awards for the years ended December 31, 2023 and 2022, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Provision (Benefit) for Income Taxes The following presents consolidated income (loss) before tax for domestic and foreign operations (in thousands): Year Ended December 31, 2024 2023 2022 Consolidated income (loss) before tax Domestic $ 18,735 $ 104,798 $ 157,510 Foreign (2,838) (3,207) 90 Total $ 15,897 $ 101,591 $ 157,600 The income tax provision (benefit) attributable to the income (loss) before tax consists of the following components (in thousands): Year Ended December 31, 2024 2023 2022 Income tax (benefit) provision Domestic $ (431) $ 17,760 $ 36,440 Foreign 1,312 (166) 671 Total income tax provision (benefit) $ 881 $ 17,594 $ 37,111 Income tax provision (benefit) Current $ 12,064 $ 8,634 $ 4,446 Deferred (11,183) 8,960 32,665 Total income tax provision (benefit) $ 881 $ 17,594 $ 37,111 Effective Tax Rate A reconciliation of the federal statutory rate and the effective income tax rate is as follows: Year Ended December 31, 2024 2023 2022 Income tax reconciliation Federal statutory rate 21.0 % 21.0 % 21.0 % Foreign provision (3.4) % (0.4) % (0.1) % State/province income tax 9.1 % 3.3 % 3.3 % Compensation deduction limitations 4.4 % 2.1 % 2.9 % Stock-based compensation expense (7.1) % (4.5) % (2.5) % Adjustments to carrying values (7.5) % 1.9 % 0.3 % Research and development credit (1) (25.4) % (6.7) % (2.2) % Valuation allowance (2) 11.7 % 1.1 % — % Global intangible low-taxed income (3) — % — % 0.4 % Non-deductible expenses - other 1.3 % 0.2 % — % Other 1.4 % (0.7) % 0.4 % Effective tax rate 5.5 % 17.3 % 23.5 % (1) Benefit from the generation of research and development credits. (2) Increase in the valuation allowance due to additional losses in Australia. (3) The Company had no Global Intangible Low-Taxed Income inclusion in 2024 due to the high tax exception in certain of the foreign jurisdictions and losses in other locations. Deferred Income Taxes The major tax-effected components of the deferred tax assets and liabilities are as follows (in thousands): At December 31, 2024 2023 2022 Deferred income tax assets related to: Net operating losses $ 4,645 $ 5,171 $ 27,901 Tax credits 771 17,570 18,467 Capitalized research expenditures (1) 38,760 27,534 15,705 Accrued and prepaid expenses 10,049 9,989 10,481 Stock compensation expense 4,246 5,427 6,041 Accounts receivable allowances 1,492 1,293 1,204 Other 8,123 1,798 1,841 Valuation allowance (3,575) (1,818) (739) Total deferred income tax assets $ 64,511 $ 66,964 $ 80,901 Deferred income tax liabilities related to: Other intangible assets $ 41,422 $ 49,234 $ 57,487 Property and equipment 19,939 24,755 23,352 Other 5,113 6,139 4,472 Total deferred income tax liabilities $ 66,474 $ 80,128 $ 85,311 Deferred income taxes, net $ (1,963) $ (13,164) $ (4,410) (1) As required by the 2017 Tax Cuts and Jobs Act, effective January 1, 2022, our research and development expenditures were capitalized and amortized, which resulted in higher taxable income for 2022, 2023, and 2024 with an equal amount of deferred tax benefit. Net Operating Losses (“NOLs”) and Tax Credits Carry-forwards We had no accumulated federal NOLs as of December 31, 2024. We had tax effected state NOL carry-forwards of ap proximately $2.5 million as of December 31, 2024, which will expire between 2025 and 2044. The determination and utilization of these state NOL carry-forwards are dependent upon apportionment percentages and other respective state laws, which may change from year to year. We had tax effected Australia NOL carry-forwards of approximately $2.2 million as of December 31, 2024, which can be carried forward indefinitely. As of December 31, 2024, there is a full valuation allowance on our Australia net deferred tax assets as we do not believe these assets are more-likely-than-not to be realized. We had approximately $5.4 million , tax effected, of federal research and development credit carry-forwards as of December 31, 2024. The research and development credits are limited to a 20-year carry-forward period and will expire starting in 2043. We also had approximately $0.5 million, tax effected, of federal solar tax credit carry-forward as of December 31, 2024 . The solar tax credit is limited to a 22-year carry-forward period and will expire in 2045, at which time, one-half of any unused credit can be deducted. Deferred Tax Assets - Valuation Allowance Assessment Deferred tax assets arise primarily because expenses have been recorded in historical financial statement periods that will not become deductible for income taxes until future tax years. We record a valuation allowance to reduce the book value of our deferred tax assets to amounts that are estimated on a more likely than not basis to be realized. This assessment requires judgment and is performed on the basis of the weight of all available evidence, both positive and negative, with greater weight placed on information that is objectively verifiable such as historical performance. During the fourth quarter of 2023, we placed a full valuation allowance of $1.1 million on the Australia net deferred tax assets, among other foreign items, as we do not believe these assets meet the more-likely-than-not criteria for recognition. In evaluating our ability to realize these net deferred tax assets, we evaluated negative evidence noting that for the three-year period then ended, we reported a cumulative net loss in Australia. Pursuant to accounting guidance, a cumulative loss in recent years is a significant piece of negative evidence that must be considered and is difficult to overcome without sufficient objectively verifiable, positive evidence. We will reassess the realization of deferred tax assets each reporting period, and to the extent our financial results in Australia improve and it becomes more-likely-than-not the deferred tax assets are realizable, we will be able to reduce the valuation allowance in such period, as appropriate. The following is a tabular reconciliation of the total amounts of deferred tax asset valuation allowance (in thousands): At December 31, 2024 2023 2022 Balance at beginning of period $ 1,818 $ 739 $ 804 Valuation allowance - (reversal) charge 1,757 1,079 (65) Balance at end of period $ 3,575 $ 1,818 $ 739 Unrecognized Tax Positions The following is a tabular reconciliation of the total amounts of unrecognized tax benefits (in thousands): At December 31, 2024 2023 2022 Unrecognized tax benefit Unrecognized tax benefit at beginning of period $ 4,537 $ 2,566 $ 2,151 Gross increases — tax positions in prior period 71 1,189 415 Gross increases — tax positions in current period 624 782 — Unrecognized tax benefit at end of period $ 5,232 $ 4,537 $ 2,566 We analyzed filing positions in the federal, state, and foreign jurisdictions in which we are required to file income tax returns, as well as the open tax years in these jurisdictions. As of December 31, 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. The Company has not accrued any penalties and interest for its unrecognized tax benefits. Other than the unrecognized tax benefit recorded, we believe that our income tax filing positions and deductions will be sustained upon audit, and we do not anticipate other adjustments that will result in a material change to our financial position. We may, from time to time, be assessed interest or penalties by tax jurisdictions, although any such assessments historically have been minimal and immaterial to our financial results. Our policy for recording interest and penalties associated with audits and unrecognized tax benefits is to record such items as a component of income tax in our Statements of Operations. Foreign Operations We had unrepatriated foreign earnings of approximately $22.4 million as of December 31, 2024. These earnings are considered permanently reinvested, as it is management’s intention to reinvest these foreign earnings in foreign operations. We project sufficient cash flow, or borrowings available under our Senior Secured Credit Facilities in the U.S.; therefore, we do not need to repatriate our remaining foreign earnings to finance U.S. operations at this time. Due to the 2017 Tax Act, there is no U.S. federal tax on cash repatriation from foreign subsidiaries, however, it could be subject to foreign withholding and other taxes. Other We are subject to taxation in the U.S. and various states and foreign jurisdictions. We have a number of federal and state income tax years still open for examination as a result of our net operating loss carry-forwards. Accordingly, we are subject to examination for both U.S. federal and some of the state tax returns for the years 2005 to present. For the remaining state, local, and foreign jurisdictions, with some exceptions, we are no longer subject to examination by tax authorities for years before 2019.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 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 allocates resources and measures profitability based on our operating segments, which are managed and reviewed separately, as each represents products and services that can be sold separately to our customers. Our segments are monitored by management for performance against our internal forecasts. We have reported our financial performance based on our segments in both the current and prior periods. Our CODM determined that our operating segments for conducting business are: (i) Games and (ii) FinTech: • Everi Games provides gaming operators with gaming technology and entertainment products and services, including: (i) gaming machines, primarily comprising Class II, Class III and Historic Horse Racing (“HHR”) slot machines placed under participation or fixed-fee lease arrangements or sold to casino customers; (ii) providing and maintaining the central determinant systems for the video lottery terminals (“VLTs”) installed in the State of New York and similar technology in certain tribal jurisdictions; (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, 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 a imed 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. Th ese 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. 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): For the Year Ended December 31, 2024 2023 2022 Games Revenue Gaming operations (1) $ 277,460 $ 304,132 $ 292,873 Gaming equipment and systems 101,461 125,022 143,553 Total revenues 378,921 429,154 436,426 Costs and expenses Cost of revenues (2) Gaming operations 41,923 35,205 25,153 Gaming equipment and systems 59,260 72,191 86,638 Total cost of revenues (3) 101,183 107,396 111,791 Operating expenses (4)(5)(6)(7)(8)(9)(10)(11)(12) 112,780 103,666 76,496 Research and development 49,360 44,365 40,353 Depreciation 78,837 68,833 57,106 Amortization 47,954 44,201 43,044 Total costs and expenses 390,114 368,461 328,790 Operating (loss) income $ (11,193) $ 60,693 $ 107,636 (1) Includes the accretion of contract rights of approximately $9.3 million for the years ended December 31, 2024 and 2023, respectively, and $9.6 million for the year ended December 31, 2022. (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 year ended December 31, 2024. (4) Includes approximately $3.1 million of transaction costs related to the Proposed Transaction for the year ended December 31, 2024. (5) Includes approximately $15.8 million and $2.0 million of transaction costs related to the Original Proposed Transaction for the years ended December 31, 2024 and 2023, respectively. (6) Includes approximately $6.3 million of employee retention costs for the Proposed Transaction for the year ended December 31, 2024. (7) Includes approximately $2.1 million and $1.0 million of severance costs related to the realignment of certain employee functions within the Games business for the years ended December 31, 2024 and 2023, respectively. (8) Includes approximately $7.5 million of depreciation charges for certain end-of-life electronic gaming devices returned from our install base for the year ended December 31, 2024. (9) Includes approximately $3.8 million of accrued charges for the decline in expected utility of certain firm purchase commitments for the year ended December 31, 2024. (10) Includes approximately $0.4 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the year ended December 31, 2024, approximately $1.2 million and $0.6 million for other legal fees and other professional expenses associated with the Video King asset acquisition, respectively, for the year ended December 31, 2023 and $0.1 million for legal fees associated with the acquisitions completed during the year ended December 31, 2022. (11) Includes approximately $4.8 million and $0.7 million of office and warehouse consolidation expenses for the years ended December 31, 2023 and 2022, respectively. (12) Includes approximately $0.2 million in litigation recovery for the year ended December 31, 2022. * Rounding may cause variances. For the Year Ended December 31, 2024 2023 2022 FinTech Revenues Financial access services $ 228,702 $ 225,054 $ 206,860 Software and other 104,120 99,490 80,232 Hardware 46,160 54,123 59,001 Total revenues 378,982 378,667 346,093 Costs and expenses Cost of revenues (1) Financial access services 10,516 11,064 10,186 Software and other 13,562 6,159 4,125 Hardware 32,570 36,621 39,220 Total cost of revenues 56,648 53,844 53,531 Operating expenses (2)(3)(4)(5)(6)(7)(8) 166,839 157,265 140,463 Research and development 27,952 23,268 20,174 Depreciation 10,799 9,858 9,695 Amortization 16,366 15,841 16,514 Total costs and expenses 278,604 260,076 240,377 Operating income $ 100,378 $ 118,591 $ 105,716 (1) Excludes depreciation and amortization. (2) Includes approximately $3.3 million of transaction costs related to the Proposed Transaction for the year ended December 31, 2024. (3) Includes approximately $0.4 million of transaction costs related to the Original Proposed Transaction for the years ended December 31, 2024 and 2023, respectively. (4) Includes approximately $6.0 million of employee retention costs for the Proposed Transaction for the year ended December 31, 2024. (5) Includes approximately $0.2 million and $1.0 million of severance costs related to the realignment of certain employee functions within the FinTech business for the years ended December 31, 2024 and 2023, respectively. (6) Includes approximately $0.7 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the year ended December 31, 2024. We recorded a benefit of approximately $0.5 million and $0.2 million against other legal fees and expenses associated with insurance recoveries from litigation matters for the years ended December 31, 2024 and 2023, respectively, and $0.1 million of legal fees for debt amendment costs for the year ended December 31, 2023. (7) Includes approximately $0.1 million of office and warehouse consolidation expenses for the year ended December 31, 2023. (8) Includes approximately $4.5 million in legal fees and expenses primarily associated with litigation and other non-recurring items, including the stock purchase agreement of eCash and the acquisition of certain strategic assets of Venuetize for the year ended December 31, 2022. * Rounding may cause variances. For the Year Ended December 31, 2024 2023 2022 Total Games and FinTech Total revenues $ 757,903 $ 807,821 $ 782,519 Costs and expenses Cost of revenues (1) 157,831 161,240 165,322 Operating expenses 279,619 260,931 216,959 Research and development 77,312 67,633 60,527 Depreciation 89,636 78,691 66,801 Amortization 64,320 60,042 59,558 Total costs and expenses 668,718 628,537 569,167 Operating income $ 89,185 $ 179,284 $ 213,352 (1) Exclusive of depreciation and amortization. The following tables present revenue, significant expense and measure of profit or loss segment information (in thousands): For the Year Ended December 31, 2024 Games FinTech Total Revenues $ 378,921 $ 378,982 $ 757,903 Less: (1) Cost of revenues (2) 101,183 56,648 157,831 Payroll and related expense (3) 83,855 126,460 210,315 Software license expense 16,251 16,352 32,603 Occupancy and related expense 14,178 10,601 24,779 Inventory and related expense 10,537 13,060 23,597 Legal and related expense 14,316 6,928 21,244 Accounting, taxes and consulting expense 11,868 7,865 19,733 Stock-based compensation expense 5,010 5,692 10,702 Travel expense 2,241 5,538 7,779 Marketing expense 2,549 1,461 4,010 Depreciation 78,837 10,799 89,636 Amortization 47,954 16,366 64,320 Other segment items (4) 1,335 834 2,169 Segment operating (loss) income $ (11,193) $ 100,378 $ 89,185 Interest expense, net of interest income 73,288 Income before income tax $ 15,897 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. For the Year Ended December 31, 2023 Games FinTech Total Revenues $ 429,154 $ 378,667 $ 807,821 Less: (1) Cost of revenues (2) 107,396 53,844 161,240 Payroll and related expense (3) 73,312 115,918 189,230 Inventory and related expense 20,274 12,802 33,076 Software license expense 13,037 13,837 26,874 Occupancy and related expense 14,180 9,810 23,990 Stock-based compensation expense 9,505 9,206 18,711 Accounting, taxes and consulting expense 8,090 7,376 15,466 Travel expense 2,438 6,103 8,541 Legal and related expense 3,203 3,459 6,662 Marketing expense 2,508 1,565 4,073 Depreciation 68,833 9,858 78,691 Amortization 44,201 15,841 60,042 Other segment items (4) 1,484 457 1,941 Segment operating income $ 60,693 $ 118,591 $ 179,284 Interest expense, net of interest income 77,693 Income before income tax $ 101,591 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. For the Year Ended December 31, 2022 Games FinTech Total Revenues $ 436,426 $ 346,093 $ 782,519 Less: (1) Cost of revenues (2) 111,791 53,531 165,322 Payroll and related expense (3) 66,211 96,158 162,369 Software license expense 9,706 10,414 20,120 Occupancy and related expense 11,694 8,254 19,948 Stock-based compensation expense 10,178 9,611 19,789 Inventory and related expense 4,777 11,822 16,599 Accounting, taxes and consulting expense 6,873 7,730 14,603 Legal and related expense 2,138 9,301 11,439 Travel expense 1,860 4,801 6,661 Marketing expense 2,180 1,402 3,582 Depreciation 57,106 9,695 66,801 Amortization 43,044 16,514 59,558 Other segment items (4) 1,232 1,144 2,376 Segment operating income $ 107,636 $ 105,716 $ 213,352 Interest expense, net of interest income 55,752 Income before income tax $ 157,600 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. Measurement and Uses of Reported Segment Profit or Loss The accounting policies of our segments are the same as those described in the summary of significant accounting policies. The CODM evaluates the performance of our operating segments based on segment operating income or loss. The CODM makes use of segment operating income or loss predominantly in the annual budget and forecasting process when making decisions about allocating capital and personnel to our segments. The following table presents segment information (in thousands): At December 31, 2024 2023 Total assets Games $ 925,861 $ 931,322 FinTech 996,048 1,192,548 Total assets $ 1,921,909 $ 2,123,870 For the year ended December 31, 2024, cash paid for capital expenditures totaled $156.4 million, of which $124.8 million and $31.6 million was related to our Games and FinTech businesses, respectively. For the year ended December 31, 2023, cash paid for capital expenditures totaled $145.1 million, of which $117.0 million and $28.1 million, was related to our Games and FinTech businesses, respectively. Major customers. For the years ended December 31, 2024, 2023, and 2022, no single customer accounted for more than 10% of our revenues.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS As of the date of the filing of our consolidated financial statements, we had not identified, and were not aware of, any material subsequent events that occurred for the year ended December 31, 2024.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net income	$ 15,016	$ 83,997	$ 120,489

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	12 Months Ended
	Dec. 31, 2024 shares	Dec. 31, 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
Todd A. Valli [Member]
Trading Arrangements, by Individual
Material Terms of Trading Arrangement		Todd A. Valli, Senior Vice President, Corporate Finance and Tax & Chief Accounting Officer, on December 9, 2024 entered into a Rule 10b5-1 trading arrangement intended to satisfy Rule 10b5-1(c) to purchase and sell 30,000 shares of Company common stock between March 10, 2025 and April 22, 2025, subject to certain limit orders, all of which shares were to be acquired upon the exercise of employee stock option awards that were set to expire on April 22, 2025.
Name	Todd A. Valli
Title	Senior Vice President, Corporate Finance and Tax & Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	December 9, 2024
Expiration Date	April 22, 2025
Arrangement Duration	134 days
Aggregate Available	30,000	30,000

Insider Trading Policies and Pr

Insider Trading Policies and Procedures	12 Months Ended
	Dec. 31, 2024
Insider Trading Policies and Procedures [Line Items]
Insider Trading Policies and Procedures Adopted	true

Cybersecurity Risk Management a

Cybersecurity Risk Management and Strategy Disclosure	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Everi recognizes the critical importance of developing, implementing, and maintaining the appropriate cybersecurity measures to safeguard our information systems and protect the confidentiality, integrity, and availability of our data and that of our customers or patrons. Everi has strategically integrated cybersecurity risk management into our broader risk management framework to establish a robust process for the monitoring and evaluation of cybersecurity risks in our business to promote a company-wide culture of cybersecurity risk management. This integration supports our efforts to assess and incorporate cybersecurity considerations into our decision-making processes. Everi’s Security department, Chief Information Security Officer (“CISO”), and Chief Information Officer (“CIO”), with oversight from the Chief Executive Officer (“CEO”), lead the cybersecurity detection, risk reduction and mitigation efforts for the Company. These efforts include, but are not limited to the following: • Monitoring logs and alerts for security issues, events, and breaches; • Preparing and regularly testing Everi’s preparedness for attacks, incidents, and breaches, including the use of table-top exercises of simulated cyber incidents with the executive team; • Developing policies and procedures to identify, classify, and define protection and management objectives, and define acceptable use of Company information assets; • Deploying monitoring and data collection tools to monitor the security of devices and processes; • Monitoring and reviewing physical and logical access to Everi data and properties to meet applicable security and regulatory requirements; • Developing and maintaining a vulnerability identification and management program; • Developing and maintaining a security awareness and training program; and • Obtaining System and Organizational Controls Two certifications for products Given the complexity and evolving nature of cybersecurity threats, Everi engages with a range of external experts, including cybersecurity assessors, consultants, and auditors in evaluating and testing our risk management systems. These partnerships enable us to leverage specialized knowledge and insights to maintain and enhance our cybersecurity strategies and processes. Our collaboration with these third parties includes regular audits, threat assessments, and consultation on security enhancements. We perform due diligence on select third-party vendors by collecting and reviewing certifications when available for our vendors. Certifications and reviews of third parties’ security practices are no guarantee and of little assurance that a vendor will not suffer a breach or loss of Everi data. Along with due diligence efforts, we review vendor contracts for contractual controls, and to seek that legal recourse is available in cases of a breach and or data loss. As of the date of this Annual Report, we have not experienced a cybersecurity incident that has or is reasonably likely to materially affect us, including our business strategy, results of operations or financial condition. While we have not experienced any material cybersecurity incidents, there can be no guarantee that we will not be the subject of future successful attacks, threats or incidents. Additional information on cybersecurity risks we face can be found in Part I, Item 1A “Risk Factors” of this Annual Report on Form 10-K under the heading “Risks Related to Our Information Technology,” which should be read in conjunction with the foregoing information.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	Everi has strategically integrated cybersecurity risk management into our broader risk management framework to establish a robust process for the monitoring and evaluation of cybersecurity risks in our business to promote a company-wide culture of cybersecurity risk management. This integration supports our efforts to assess and incorporate cybersecurity considerations into our decision-making processes.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	The Board of Directors is primarily responsible for overseeing, and is regularly updated on the nature of, the Company’s efforts to manage risks associated with cybersecurity threats. The CISO and the CIO have significant experience in information technology and cybersecurity, including over 20 years of experience each in information security and compliance, multiple security certifications, and experience building vulnerability management, application security, and security operations groups. Additionally, their experience includes payments fraud prevention and enhancing the organization's ability to safeguard against financial cyber threats, among other intrusions. Our CIO and CISO combine leadership, familiarity with and resolution of various cyber-related perils, to help mitigate these types of risks for the Company. Due to their experience in the field, they play a pivotal role in informing the Board on cybersecurity risks. They provide briefings to the Board on a quarterly basis. These briefings encompass a broad range of topics, including: • The current cybersecurity landscape and emerging threats; • The status of ongoing cybersecurity initiatives and strategies; • Incident reports and learnings from any cybersecurity events; and • The Company’s compliance with regulatory requirements and industry standards Cybersecurity risk, data risk, and technology infrastructure risk are among the risks assessed by the Company’s Enterprise Risk Management Program with the oversight of an executive-level Enterprise Risk Management Committee. Information Technology, Information Security, product development, and Internal Audit managers update the CISO, CIO and CEO on technology, cybersecurity, and privacy threats, risk mitigation efforts, penetration testing, and control testing at a regular Enterprise Security Meeting.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Board of Directors is primarily responsible for overseeing, and is regularly updated on the nature of, the Company’s efforts to manage risks associated with cybersecurity threats.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	In addition to scheduled meetings, the CISO, CIO, and CEO maintain a regular dialogue regarding emerging or potential cybersecurity risks. Together, they receive updates on significant developments in the cybersecurity domain, as needed, but no less than quarterly, supporting the Board’s proactive and responsive oversight of cybersecurity-related risks. This engagement also supports the consideration and integration of cybersecurity matters into the broader strategic objectives.
Cybersecurity Risk Role of Management [Text Block]	The Board of Directors is primarily responsible for overseeing, and is regularly updated on the nature of, the Company’s efforts to manage risks associated with cybersecurity threats. The CISO and the CIO have significant experience in information technology and cybersecurity, including over 20 years of experience each in information security and compliance, multiple security certifications, and experience building vulnerability management, application security, and security operations groups. Additionally, their experience includes payments fraud prevention and enhancing the organization's ability to safeguard against financial cyber threats, among other intrusions. Our CIO and CISO combine leadership, familiarity with and resolution of various cyber-related perils, to help mitigate these types of risks for the Company. Due to their experience in the field, they play a pivotal role in informing the Board on cybersecurity risks. They provide briefings to the Board on a quarterly basis. These briefings encompass a broad range of topics, including: • The current cybersecurity landscape and emerging threats; • The status of ongoing cybersecurity initiatives and strategies; • Incident reports and learnings from any cybersecurity events; and • The Company’s compliance with regulatory requirements and industry standards Cybersecurity risk, data risk, and technology infrastructure risk are among the risks assessed by the Company’s Enterprise Risk Management Program with the oversight of an executive-level Enterprise Risk Management Committee. Information Technology, Information Security, product development, and Internal Audit managers update the CISO, CIO and CEO on technology, cybersecurity, and privacy threats, risk mitigation efforts, penetration testing, and control testing at a regular Enterprise Security Meeting.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	Cybersecurity risk, data risk, and technology infrastructure risk are among the risks assessed by the Company’s Enterprise Risk Management Program with the oversight of an executive-level Enterprise Risk Management Committee.
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	The CISO and the CIO have significant experience in information technology and cybersecurity, including over 20 years of experience each in information security and compliance, multiple security certifications, and experience building vulnerability management, application security, and security operations groups. Additionally, their experience includes payments fraud prevention and enhancing the organization's ability to safeguard against financial cyber threats, among other intrusions. Our CIO and CISO combine leadership, familiarity with and resolution of various cyber-related perils, to help mitigate these types of risks for the Company. Due to their experience in the field, they play a pivotal role in informing the Board on cybersecurity risks.
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	They provide briefings to the Board on a quarterly basis. These briefings encompass a broad range of topics, including: • The current cybersecurity landscape and emerging threats; • The status of ongoing cybersecurity initiatives and strategies; • Incident reports and learnings from any cybersecurity events; and • The Company’s compliance with regulatory requirements and industry standards
Cybersecurity Risk Management Positions or Committees Responsible Report to Board [Flag]	true

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The consolidated financial statements are prepared under U.S. Generally Accepted Accounting Principles (GAAP) and include the accounts of the Company and its subsidiaries. All intercompany transactions and balances have been eliminated in consolidation.
Business Combinations	Business Combinations When we acquire a business, we recognize the assets acquired and the liabilities assumed, at their acquisition date fair values. Goodwill is measured and recognized as the excess of consideration transferred over the net of the acquisition date fair values of the assets acquired and the liabilities assumed. Significant estimates and assumptions are required to value assets acquired and liabilities assumed at the acquisition date as well as contingent consideration, where applicable. These estimates are preliminary and typically include the calculation of an appropriate discount rate and projection of the cash flows associated with each acquired asset over its estimated useful life. As a result, up to one year from the acquisition date, the Company may record adjustments to the assets acquired and liabilities assumed with the corresponding offset to goodwill (referred to as the measurement period). In addition, deferred tax assets, deferred tax liabilities, uncertain tax positions, and tax related valuation allowances assumed in connection with a business combination are initially estimated as of the acquisition date. We reevaluate these items quarterly based upon facts and circumstances that existed as of the acquisition date and any adjustments to preliminary estimates are recorded to goodwill, in the period of identification, if identified within the measurement period. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recorded in the Statements of Operations.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include cash and balances on deposit in banks and financial institutions. We consider highly liquid investments with maturities of three months or less at the time of purchase to be cash and cash equivalents. Such balances generally exceed the federal insurance limits; however, we periodically evaluate the creditworthiness of these institutions to minimize risk.
ATM Funding Agreements	ATM Funding Agreements We obtain all of the cash required to operate our ATMs through various ATM Funding Agreements. Some gaming operators provide the cash utilized within the ATM (“Site-Funded”). The Site-Funded receivables generated for cash dispensed from transactions performed at our ATMs are owned by us and we are liable to the gaming operator for the face amount of the cash dispensed. In our Balance Sheets, the amount of the receivable for transactions processed on these funds dispensed transactions is included within settlement receivables and the amount due to the gaming operator for the face amount of dispensing transactions is included within settlement liabilities. For the non-Site-Funded locations, we enter into commercial arrangements with third-party vendors to provide us the currency needed for normal operating requirements for our ATMs. For the use of these funds, we pay a cash usage fee based upon the target federal funds rate. Under these agreements, the currency supplied by the third-party vendors remains the sole property of these suppliers until funds are dispensed, at which time the third-party vendors obtain an interest in the corresponding settlement receivable. As the cash is an asset of these suppliers, it is therefore not reflected on our Balance Sheets. The usage fee for the cash supplied in these ATMs is included as interest expense in the Statements of Operations. Our rationale to record cash usage fees as interest expense is primarily due to the similar operational characteristics to a revolving line of credit, the fact that the fees are calculated on a financial index, and the fees are paid for access to a capital resource.
Settlement Receivables and Settlement Liabilities	Settlement Receivables and Settlement Liabilities We provide cash settlement services to gaming operators related to our financial access services, which involve the movement of funds between various parties involved in these types of transactions. We receive reimbursement from the patron’s credit or debit card issuing financial institution for the amount owed to the gaming operator plus the fee charged to the patron. These activities result in amounts due to us at the end of each business day that we generally recover over the next few business days, which are classified as settlement receivables on our Balance Sheets. In addition, cash settlement services result in amounts due to gaming operators for the cash disbursed to patrons through the issuance of a negotiable instrument or through electronic settlement for the face amount provided to patrons that we generally remit over the next few business days, which are classified as settlement liabilities on our Balance Sheets.
Warranty Receivables	Warranty Receivables If a gaming operator chooses to have a check warranted, it sends a request to our third-party check warranty service provider, asking whether it would be willing to accept the risk of cashing the check. If the check warranty provider accepts the risk and warrants the check, the gaming operator negotiates the patron’s check by providing cash for the face amount of the check. If the check is dishonored by the patron’s bank upon presentment, the gaming operator invokes the warranty, and the check warranty service provider purchases the check from the gaming operator for the full check amount and then pursues collection activities on its own. In our Central Credit Check Warranty product under our agreement with the third-party service provider, we receive all of the check warranty revenue. We are exposed to risk for losses associated with any warranted items that cannot be collected from patrons issuing the items. The warranty receivables amount is recorded in trade and other receivables, net on our Balance Sheets. On a monthly basis, the Company evaluates the collectability of the outstanding balances and establishes a reserve for the face amount of the expected losses on these receivables. The warranty expense associated with this reserve is included within cost of revenues (exclusive of depreciation and amortization) on our Statements of Operations.
Allowance for Credit Losses	Allowance for Credit Losses We continually evaluate the collectability of outstanding balances and maintain an allowance for credit losses related to our trade and other receivables and notes receivable that have been determined to have a high risk of uncollectability, which represents our best estimates of the current expected credit losses to be incurred in the future. To derive our estimates, we analyze historical collection trends and changes in our customer payment patterns, current and expected conditions and market trends along with our operating forecasts, concentration, and creditworthiness when evaluating the adequacy of our allowance for credit losses. In addition, with respect to our check warranty receivables, we are exposed to risk for the losses associated with warranted items that cannot be collected from patrons issuing these items. We evaluate the collectability of the outstanding balances and establish a reserve for the face amount of the current expected credit losses related to these receivables. Account balances are charged against the provision when the Company believes it is probable the receivable will not be recovered. The provision for doubtful accounts receivable is included within operating expenses and the check warranty loss reserves are included within financial access services cost of revenues in the Statements of Operations.
Inventory	Inventory Our inventory primarily consists of component parts as well as finished goods and work-in-progress. The cost of inventory includes cost of materials, labor, overhead and freight. The inventory is stated at the lower of cost or net realizable value and accounted for using the first in, first out method (“FIFO”).
Restricted Cash	Restricted Cash
Property and Equipment	Property and Equipment Property and equipment are stated at cost, less accumulated depreciation, and are computed using the straight-line method over the estimated life of the assets, generally one two
Placement Fee Agreements	Placement Fee Agreements Periodically, we enter into long-term agreements with certain gaming establishments to secure the placement of our electronic gaming machines (“EGMs”) on casino floors. Under the terms of these placement fee agreements that we generally pay in full at the start of the term, the Company has the ability to install EGMs on the gaming floor for an extended period of time (i.e., generally multi-year agreements, with our largest agreement covering 83 months) under right to use arrangements. The gaming operations revenues generated as a result of these agreements are reduced by the accretion of contract rights, which represents the related amortization of the contract rights recorded in connection with such agreements. To the extent payments are made for these placement fee agreements to certain gaming establishments, we classify the amounts as cash outflows from operating activities in our Statements of Cash Flows.
Goodwill	Goodwill Goodwill represents the excess of the purchase price over the identifiable tangible and intangible assets acquired plus liabilities assumed arising from business combinations. We test for impairment annually on a reporting unit basis, at the beginning of our fourth fiscal quarter, or more often under certain circumstances that indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. The annual impairment test is completed using either: a qualitative “Step 0” assessment based on reviewing relevant events and circumstances; or a quantitative “Step 1” assessment, which determines the fair value of the reporting unit, using an appropriate methodology, such as a market approach that compares market multiples of comparable companies and/or an income approach that discounts future cash flows based on the estimated future results of our reporting units and to determine whether or not any impairment exists. To the extent the carrying amount of a reporting unit is less than its estimated fair value, an impairment charge is recorded (for additional information refer to “ Note 11 — Goodwill and Other I n tangible As sets ” ). Our reporting units are identified as operating segments or one level below. Reporting units must: (i) engage in business activities from which they earn revenues and incur expenses; (ii) have operating results that are regularly reviewed by our segment management to ascertain the resources to be allocated to the segment and assess its performance; and (iii) have discrete financial information available. As of December 31, 2024, our reporting units included: (i) Games; (ii) Financial Access Services; (iii) Kiosk Sales and Services; (iv) Central Credit Services; (v) Compliance Sales and Services; (vi) Loyalty Sales and Services; and (vii) Mobile Technologies. The annual evaluation of goodwill requires the use of different assumptions, estimates, or judgments in the goodwill impairment testing process, such as: the applicable methodology and weighting based on the market multiples of comparable companies, the estimated future cash flows of our reporting units and the discount rate used to present value such cash flows. There can be no assurance that our estimates and assumptions made for purposes of our impairment assessments as of the time of evaluation will prove to be accurate predictions of the future. If our assumptions regarding business plans, mergers and acquisitions, competitive environments or anticipated growth rates are not correct, we may be required to record non-cash impairment charges in future periods, whether in connection with our normal review procedures periodically, or earlier, if an indicator of an impairment is present prior to such evaluation.
Other Intangible Assets	Other Intangible Assets Other intangible assets are stated at cost, less accumulated amortization, and are amortized primarily using the straight-line method. Other intangible assets consist primarily of customer relationships (rights to provide Games and FinTech services to gaming operator customers), developed technology, including capitalized software development costs, trade names and trademarks, acquired through business combinations and contract rights. Customer relationships require us to make renewal assumptions, which impact the estimated useful lives of such assets. Capitalized software development costs require us to make certain judgments as to the stages of development and costs eligible for capitalization. Capitalized software costs placed in service are amortized over their useful lives, generally not to exceed six years. We review intangible assets whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Such events or circumstances include, but are not limited to, a significant decrease in the fair value of the underlying business or market price of the asset, a significant adverse change in legal factors or business climate that could affect the value of an asset, or a current period operating or cash flow loss combined with a history of operating or cash flow losses. We group intangible assets for impairment analysis at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. Recoverability of definite lived intangible assets is measured by a comparison of the carrying amount of the asset to future net cash flows expected to be generated by the asset, on an undiscounted basis and without interest or taxes. Any impairment to be recognized is measured by the amount by which the carrying amount of the assets exceeds the fair value of the assets.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs incurred in connection with long-term borrowings are capitalized and amortized to interest expense based upon the related debt agreements using the straight-line method, which approximates the effective interest method. Debt issuance costs related to line-of-credit arrangements are included in other assets, non-current, on our Balance Sheets. All other debt issuance costs are included as contra-liabilities in long-term debt. Cost of Revenues (Exclusive of Depreciation and Amortization) The cost of revenues (exclusive of depreciation and amortization) represents the direct costs required to perform revenue generating transactions, and are comprised primarily of inventory and related costs associated with the sale of our financial access and loyalty kiosks and software, electronic gaming machines and system sale, check cashing warranties, field service, and network operations personnel. Advertising, Marketing, and Promotional Costs We expense advertising, marketing, and promotional costs as incurred. Total advertising, marketing, and promotional costs, included in operating expenses in the Statements of Operations, were $4.0 million, $4.0 million, and $3.5 million for the years ended December 31, 2024, 2023, and 2022, respectively. Research and Development Costs We conduct research and development activities for both our Games and FinTech segments. Our Gaming research and development activities are primarily to develop gaming systems, game engines, casino data management systems, central determination and other electronic bingo-outcome determination systems, video lottery outcome determination systems, gaming platforms and gaming content, and to enhance our existing product lines. Our FinTech research and development activities are primarily to develop: (i) payments products, systems, and related capabilities such as security, encryption and business rule engines that deliver differentiated patron experiences and integrate with our other products; (ii) compliance products that increase efficiencies, profitability, enhance employee/patron relationships, and meet regulatory reporting requirements; (iii) loyalty products, systems, and features that attract, engage, and retain patrons in more intuitive and contextual ways than our competition; (iv) cashless alternatives, such as the CashClub Wallet; and (v) mobile-first applications aimed at enhancing patron engagement for customers in the casino, sports, entertainment, and hospitality industries. Research and development costs consist primarily of salaries and benefits, consulting fees, certification and testing fees. Once the technological feasibility has been established, the project is capitalized until it becomes available for general release. Research and development costs were $77.3 million, $67.6 million, and $60.5 million for the years ended December 31, 2024, 2023, and 2022, respectively.
Income Taxes	Income Taxes We are subject to income taxes in the United States as well as various states and foreign jurisdictions in which we operate. We account for income taxes in accordance with accounting guidance whereby deferred tax assets and liabilities are recognized for the expected future tax consequences of events that have been included in the financial statements or income tax returns. Deferred tax assets and liabilities are determined based upon differences between financial statement carrying amounts of existing assets and their respective tax bases using enacted tax rates expected to apply to taxable income in years in which those temporary differences are expected to be recovered or settled. The effect of a change in tax rates on the income tax provision and deferred tax assets and liabilities generally is recognized in the results of operations in the period that includes the enactment date. We evaluate the realization of our deferred tax assets based on all available evidence and establish a valuation allowance to reduce deferred tax assets when it is more likely than not that they will not be realized. This assessment considers all available positive and negative evidence, including our past operating results, forecasts of future earnings, the scheduled reversal of deferred tax liabilities, the duration of statutory carryforward periods and tax planning strategies. We recognize tax benefits from an uncertain position only if it is more likely than not that the position will be sustained upon examination by taxing authorities based on the technical merits of the issue. The amount recognized is the largest benefit that we believe has greater than a 50% likelihood of being realized upon settlement. Although we believe our assumptions, judgments and estimates are reasonable, changes in tax laws, and their interpretation, as well as the examination of our tax returns by taxing authorities, could significantly impact the amounts provided for income taxes in our consolidated financial statements. Our effective tax rate is affected by a number of factors including the actual results of operations, changes in our stock price for shares issued as employee compensation, changes in the valuation of our deferred tax assets or liabilities and changes in tax laws or rates for income taxes and other non-income taxes in various jurisdictions. The Organization for Economic Cooperation and Development’s (“OECD”) Base Erosion and Profit Shifting project involving negotiations among over 140 countries has the potential to substantially affect international tax policies, including the implementation of a minimum global effective tax rate of 15%. We are not currently subject to these rules as they are only applicable to multinational companies with global revenue of at least EUR 750 million. We will continue to monitor developments in the OECD’s project and policy changes in the countries in which we operate, as our effective tax rate and cash tax payments could increase when we become subject to these rules in future years.
Employee Benefits Plan	Employee Benefits Plan
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.
Foreign Currency Translation	Foreign Currency Translation Foreign currency denominated assets and liabilities for those foreign entities for which the local currency is the functional currency are translated into U.S. dollars based on exchange rates prevailing at the end of each year. Revenues and expenses are translated at average exchange rates during the year. The effects of foreign exchange gains and losses arising from these translations are included as a component of other comprehensive income (loss) in the Statements of Operations. Translation adjustments on intercompany balances of a long-term investment nature are recorded as a component of accumulated other comprehensive loss in our Balance Sheets.
Use of Estimates	Use of Estimates
Earnings Applicable to Common Stock	Earnings Applicable to Common Stock
Stock-Based Compensation	Stock-Based Compensation Stock-based compensation results in a cost that is measured at fair value on the grant date of an award. Generally, we issue grants that are classified as equity awards. To the extent we issue grants that are considered liability awards, they are remeasured at fair value at the end of each reporting period until settlement with changes being recognized as stock-based compensation cost with a corresponding adjustment recorded to the liability, either immediately or during the remaining service period depending on the vested status of the award. Generally, with respect to stock option awards granted under our plans, they expire 10 years from the date of grant with the exercise price based on the closing market price of our common stock on the date of the grant. Our restricted stock awards, restricted stock units, and performance-based stock units, are measured at fair value based on the closing stock price on the grant date, except for certain awards with a share-based payment arrangements priced in relation to similar indexed securities, which are valued using a lattice model. Our time-based stock option awards are measured at fair value on the grant date using the Black Scholes model. The stock-based compensation cost is recognized on a straight-line basis over the vesting period of the awards. Forfeiture amounts are estimated at the grant date for stock awards and are updated periodically based on actual results, to the extent they differ from the estimates.
Acquisition-Related Costs	Acquisition-Related Costs We expense acquisition-related costs as incurred. Acquisition-related costs include, but are not limited to: financial advisory, legal and debt fees; accounting, consulting and professional fees associated with due diligence, valuation and integration; severance; and other related costs and adjustments.
Reclassification of Balances	Reclassification of Balances Certain amounts in the accompanying consolidated financial statements and accompanying notes have been reclassified to be consistent with the current year presentation. These reclassifications had no effect on net income or financial condition for any period presented.
Recent Accounting Guidance	Recent Accounting Guidance Recently Adopted Accounting Guidance Standard Description Date of 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 The adoption of this ASU resulted in the inclusion of significant expense and measure of profit or loss segment information Financial Statement disclosures. Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements 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 December 31, 2024, other than what has been described above, we do not anticipate recently issued accounting guidance to have a significant impact on our consolidated financial statements.
Revenue Recognition	Overview We evaluate the recognition of revenue based on the criteria set forth in Accounting Standards Codification (“ASC”) 606 — Revenue from Contracts with Customers and ASC 842 — Leases, as appropriate. We recognize revenue upon transferring control of goods or services to our customers in an amount that reflects the consideration we expect to receive in exchange for those goods or services. We enter into contracts with customers that include various performance obligations consisting of goods, services, or combinations of goods and services. Timing of the transfer of control varies based on the nature of the contract. We recognize revenue net of any sales and other taxes collected from customers, which are subsequently remitted to governmental authorities and are not included in revenues or operating expenses. We measure revenue based on the consideration specified in a contract with a customer and adjusted, as necessary. Collectability To assess collectability, we determine whether it is probable that we will collect substantially all of the consideration to which we are entitled in exchange for the goods and services transferred to the customer in accordance with the terms and conditions of the contract. In connection with these procedures, we evaluate the customer using internal and external information available, including, but not limited to, research and analysis of our credit history with the customer. Based on the nature of our transactions and historical trends, we determine whether our customers have the ability and intention to pay the amounts of consideration when they become due to identify potentially significant credit risk exposure. Contract Combinations - Multiple Promised Goods and Services Our contracts may include various performance obligations for promises to transfer multiple goods and services to a customer, especially since our Games and FinTech businesses may enter into multiple agreements with the same customer that meet the criteria to be combined for accounting purposes under ASC 606. When this occurs, a Stand-Alone Selling Price (“SSP”) will be determined for each performance obligation in the combined arrangement, and the consideration will be allocated between the respective performance obligations. The SSP of our goods and services is generally determined based on observable prices, an adjusted market assessment approach, or an expected cost-plus margin approach. We utilize a residual approach only when the SSP for performance obligations with observable prices has been established and the remaining performance obligation in the contract with a customer does not have an observable price as it is uncertain or highly variable and, therefore, is not discernible. We use our judgment to analyze the nature of the promises made and determine whether each is distinct or should be combined with other promises in the contract based on the level of integration and interdependency between the individual deliverables. Disaggregation of Revenues We disaggregate revenues based on the nature and timing of the cash flows generated by such revenues as presented in “Note 19 — Segment Information.” Outbound Freight Costs, Installation and Training Upon transferring control of goods to a customer, the shipping and handling costs in connection with sale transactions are generally accounted for as fulfillment costs and included in cost of revenues. Our performance of installation and training services relating to the sales of gaming equipment and systems and FinTech equipment does not modify the software or hardware in those equipment and systems. Such installation and training services are generally immaterial in the context of the contract; and therefore, such items do not represent a separate performance obligation. Costs to Acquire a Contract with a Customer We typically incur incremental costs to acquire customer contracts in the form of sales commissions; however, because the expected benefit from these contracts is one year or less, we expense these amounts as incurred . 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.
Leases	We determine if a contract is, or contains, a lease at the inception, or modification, of a contract based on whether the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Control over the use of an asset is predicated upon the notion that a lessee has both the right to (i) obtain substantially all of the economic benefit from the use of the asset; and (ii) direct the use of the asset. Operating lease right-of-use (“ROU”) assets and liabilities are recognized based on the present value of minimum lease payments over the expected lease term at commencement date. Lease expense is recognized on a straight-line basis over the expected lease term. Our lease arrangements have both lease and non-lease components, and we have elected the practical expedient to account for the lease and non-lease elements as a single lease. Certain of our lease arrangements contain options to renew with terms that generally have the ability to extend the lease term to a range of approximately one

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2024, 2023, and 2022, respectively (in thousands). Year Ended December 31, Classification on our Balance Sheets 2024 2023 2022 Cash and cash equivalents Cash and cash equivalents $ 400,677 $ 267,215 $ 293,394 Restricted cash — current Prepaid expenses and other current assets 7,803 5,190 1,568 Restricted cash — non-current Other assets 101 101 101 Total $ 408,581 $ 272,506 $ 295,063
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 years ended December 31, 2024, 2023, and 2022, respectively (in thousands). Year Ended December 31, Classification on our Balance Sheets 2024 2023 2022 Cash and cash equivalents Cash and cash equivalents $ 400,677 $ 267,215 $ 293,394 Restricted cash — current Prepaid expenses and other current assets 7,803 5,190 1,568 Restricted cash — non-current Other assets 101 101 101 Total $ 408,581 $ 272,506 $ 295,063
Estimated Fair Value and Outstanding Balances of Borrowings	The estimated fair value and outstanding balances of our borrowings are as follows (dollars in thousands): Level of Hierarchy Fair Value Outstanding Balance December 31, 2024 $600 million Term Loan 2 $ 561,201 $ 560,500 $400 million 2021 Unsecured Notes 2 $ 400,000 $ 400,000 December 31, 2023 $600 million Term Loan 2 $ 589,433 $ 586,500 $400 million 2021 Unsecured Notes 2 $ 365,000 $ 400,000
Summary of Recent Accounting Guidance	Recent Accounting Guidance Recently Adopted Accounting Guidance Standard Description Date of 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 The adoption of this ASU resulted in the inclusion of significant expense and measure of profit or loss segment information Financial Statement disclosures. Recent Accounting Guidance Not Yet Adopted Standard Description Date of Planned Adoption Effect on Financial Statements 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 December 31, 2024, other than what has been described above, we do not anticipate recently issued accounting guidance to have a significant impact on our consolidated financial statements.

REVENUES (Tables)

REVENUES (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Contract Assets and Liabilities	The following table summarizes our contract assets and contract liabilities arising from contracts with customers (in thousands): 2024 2023 Contract assets (1) Balance, beginning of period $ 26,635 $ 22,417 Balance, end of period 35,564 26,635 Increase $ 8,929 $ 4,218 Contract liabilities (2) Balance, beginning of period $ 51,799 $ 53,419 Balance, end of period 63,563 51,799 Increase (decrease) $ 11,764 $ (1,620) (1) Contract assets are included within prepaid expenses and other current assets and other assets in our Balance Sheets.

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 At December 31, 2023 Assets Operating lease ROU assets Other assets, non-current $ 24,299 $ 27,489 Liabilities Current operating lease liabilities Accounts payable and accrued expenses $ 7,579 $ 7,079 Non-current operating lease liabilities Other accrued expenses and liabilities $ 22,472 $ 26,930
Cash Flow Information	Supplemental cash flow information related to leases is as follows (in thousands): Year Ended December 31, 2024 2023 2022 Cash paid for: Long-term operating leases $ 8,908 $ 7,413 $ 6,885 Short-term operating leases $ 2,318 $ 2,090 $ 1,660 ROU assets obtained in exchange for lease obligations: Operating leases (1) $ 2,863 $ 17,690 $ 7,502 (1) The amounts are presented net of current year terminations and exclude amortization for the period.
Lease Costs	Other information related to lease terms and discount rates is as follows: At December 31, 2024 At December 31, 2023 Weighted average remaining lease term (in years): Operating leases 6.41 6.71 Weighted average discount rate: Operating leases 6.32 % 6.08 % Components of lease expense are as follows (in thousands): Year Ended December 31, 2024 2023 2022 Operating lease cost: Operating lease cost (1) $ 7,813 $ 6,786 $ 6,008 Variable lease cost $ 1,465 $ 1,461 $ 1,164 (1) The amounts include approximately $6.0 million, $6.1 million and $4.8 million in non-cash lease expense attributable to amortization of ROU assets for the years ended December 31, 2024, 2023 and 2022, respectively.
Payments Due	Maturities of lease liabilities are summarized as follows as of December 31, 2024 (in thousands): Year ending December 31, Amount 2025 $ 9,219 2026 6,064 2027 3,938 2028 3,430 2029 2,580 Thereafter 12,185 Total future minimum lease payments $ 37,416 Amount representing interest 7,365 Present value of future minimum lease payments $ 30,051 Current operating lease obligations 7,579 Long-term lease obligations $ 22,472
Sales-Type Lease	Supplemental balance sheet information related to our sales-type leases is as follows (in thousands): Classification on our Balance Sheets At December 31, 2024 At December 31, 2023 Assets Net investment in sales-type leases — current Trade and other receivables, net $ 1,902 $ 810

TRADE AND OTHER RECEIVABLES (Ta

TRADE AND OTHER RECEIVABLES (Tables)	12 Months Ended
	Dec. 31, 2024
Receivables [Abstract]
Schedule of Trade and Other Receivables	The balance of trade and other receivables consisted of the following (in thousands): At December 31, 2024 2023 Trade and other receivables, net Games trade and loans receivable $ 61,298 $ 66,044 FinTech trade and loans receivable 27,288 26,550 Other receivables 5,598 4,474 Total trade and other receivables, net 94,184 97,068 Non-current portion of receivables Games trade and loans receivable 2,461 480 FinTech trade and loans receivable 3,868 2,306 Total non-current portion of receivables 6,329 2,786 Total trade and other receivables, current portion $ 87,855 $ 94,282
Activity in Allowance for Credit Losses	The activity in our allowance for credit losses for the years ended December 31, 2024 and 2023 is as follows (in thousands): At December 31, 2024 2023 Beginning allowance for credit losses $ (5,210) $ (4,855) Provision (11,422) (11,623) Charge-offs and recoveries 10,976 11,268 Ending allowance for credit losses $ (5,656) $ (5,210)

INVENTORY (Tables)

INVENTORY (Tables)	12 Months Ended
	Dec. 31, 2024
Inventory Disclosure [Abstract]
Schedule of Components of Inventory	Inventory consisted of the following (in thousands): At December 31, 2024 2023 Inventory Component parts, net of reserves of $6,693 and $3,144 at December 31, 2024 and December 31, 2023, respectively $ 54,324 $ 59,632 Work-in-progress 918 1,147 Finished goods 12,579 9,845 Total inventory $ 67,821 $ 70,624

PREPAID EXPENSES AND OTHER AS_2

PREPAID EXPENSES AND OTHER ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
Prepaid Expense and Other Assets [Abstract]
Schedule of Components of Current Portion of Prepaid and Other Assets	The balance of the current portion of prepaid expenses and other assets consisted of the following (in thousands): At December 31, 2024 2023 Prepaid expenses and other current assets Prepaid expenses $ 26,052 $ 25,608 Contract assets (1) 16,961 13,651 Deposits 13,636 10,530 Restricted cash (2) 7,803 5,190 Other 3,662 2,578 Total prepaid expenses and other current assets $ 68,114 $ 57,557 (1) Refer to “Note 3 — Revenues” for a discussion on the contract assets. (2) Refer to “Note 2 — Basis of Presentation and Summary of Significant Accounting Policies” for discussion on the composition of the restricted cash balance.
Schedule of Components of Non-Current Portion of Prepaid and Other Assets	The balance of the non-current portion of other assets consisted of the following (in thousands): At December 31, 2024 2023 Other assets Operating lease ROU assets $ 24,299 $ 27,489 Contract assets (1) 18,603 12,984 Prepaid expenses and deposits 9,624 9,429 Debt issuance costs of revolving credit facility 609 993 Other 12,410 13,415 Total other assets $ 65,545 $ 64,310 (1) Refer to “Note 3 — Revenues” for a discussion on the contract assets.

PROPERTY AND EQUIPMENT (Tables)

PROPERTY AND EQUIPMENT (Tables)	12 Months Ended
	Dec. 31, 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 December 31, 2024 At December 31, 2023 Useful Life (Years) Cost Accumulated Depreciation Net Book Value Cost Accumulated Depreciation Net Book Value Property and equipment Rental pool - deployed 2-5 $ 297,909 $ 201,141 $ 96,768 $ 308,438 $ 218,110 $ 90,328 Rental pool - undeployed 2-5 42,360 30,364 11,996 39,578 29,770 9,808 FinTech equipment 1-5 29,218 20,666 8,552 32,719 21,911 10,808 Leasehold and building improvements Lease Term 16,630 3,597 13,033 19,271 4,887 14,384 Machinery, office, and other equipment 1-5 65,518 37,875 27,643 63,857 36,481 27,376 Total $ 451,635 $ 293,643 $ 157,992 $ 463,863 $ 311,159 $ 152,704

GOODWILL AND OTHER INTANGIBLE_2

GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in the Carrying Amount of Goodwill	The changes in the carrying amount of goodwill are as follows (in thousands): Games Financial Access Services Kiosk Sales and Services Central Credit Services Compliance Sales and Services Loyalty Sales and Services Mobile Technologies Total Goodwill Balance, December 31, 2022 $461,443 $157,049 $15,860 $17,127 $12,136 $41,395 $10,860 $715,870 Foreign currency translation — 14 (819) — — — — (805) Acquisition related adjustments 22,932 — 2,925 — — — (1,245) 24,612 Subsequent recognition of deferred tax assets — (1,873) — — — — — (1,873) Balance, December 31, 2023 $484,375 $155,190 $17,966 $17,127 $12,136 $41,395 $9,615 $737,804 Foreign currency translation (175) (48) (1,081) — — — — (1,304) Acquisition related adjustments (30) — — — — — — (30) Balance, December 31, 2024 $484,170 $155,142 $16,885 $17,127 $12,136 $41,395 $9,615 $736,470
Schedule of Other Intangible Assets	Other intangible assets consist of the following (in thousands): At December 31, 2024 At December 31, 2023 Useful Life (Years) Cost Accumulated Amortization Net Book Value Cost Accumulated Amortization Net Book Value Other intangible assets Contract rights under placement fee agreements 2-7 $ 57,821 $ 30,931 $ 26,890 $ 57,821 $ 21,592 $ 36,229 Customer relationships 3-14 337,236 276,218 61,018 337,829 255,972 81,857 Developed technology and software 1-7 499,104 371,695 127,409 453,453 340,286 113,167 Patents, trademarks, and other 2-18 24,726 23,128 1,598 24,783 21,898 2,885 Total $ 918,887 $ 701,972 $ 216,915 $ 873,886 $ 639,748 $ 234,138
Schedule of Anticipated Amortization Expense	The anticipated amortization expense related to other intangible assets, assuming no subsequent impairment of the underlying assets, is as follows (in thousands): Anticipated amortization expense Amount 2025 $ 65,203 2026 44,372 2027 15,232 2028 5,147 2029 4,239 Thereafter 14,004 Total (1) $ 148,197 (1) For the year ended December 31, 2024, the Company had $68.7 million in other intangible assets that had not yet been placed into service.

ACCOUNTS PAYABLE AND ACCRUED _2

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Tables)	12 Months Ended
	Dec. 31, 2024
Payables and Accruals [Abstract]
Schedule of Accounts Payable and Accrued Expenses	The following table presents our accounts payable and accrued expenses (amounts in thousands): At December 31, 2024 2023 Accounts payable and accrued expenses Customer commissions payable 81,676 74,376 Contract liabilities 60,922 51,395 Payroll and related expenses 19,643 14,367 Accounts payable - trade 13,870 30,261 Financial access processing and related expenses 10,401 8,670 Accrued interest 9,332 9,616 Operating lease liabilities 7,579 7,079 Accrued income taxes 3,972 6,367 Contingent consideration and acquisition-related liabilities (1) 2,397 5,623 Other 11,223 7,776 Total accounts payable and accrued expenses $ 221,015 $ 215,530 (1) Refer to “Note 5 — Business Combinations”

LONG-TERM DEBT (Tables)

LONG-TERM DEBT (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Schedule of Outstanding Indebtedness	The following table summarizes our indebtedness (in thousands): Maturity Interest At December 31, Date Rate 2024 2023 Long-term debt $600 million Term Loan 2028 SOFR+CSA+2.50% $ 560,500 $ 586,500 $125 million Revolver 2026 SOFR+CSA+2.50% — — Senior Secured Credit Facilities 560,500 586,500 $400 million 2021 Unsecured Notes 2029 5.00% 400,000 400,000 Total debt 960,500 986,500 Debt issuance costs and discount (9,565) (12,035) Total debt after debt issuance costs and discount 950,935 974,465 Current portion of long-term debt — (6,000) Total long-term debt, net of current portion $ 950,935 $ 968,465
Schedule of Maturities of Borrowings	The maturities of our borrowings at December 31, 2024 are as follows (in thousands): Amount Maturities of borrowings 2025 $ — 2026 — 2027 — 2028 560,500 2029 400,000 Thereafter — Total $ 960,500

WEIGHTED AVERAGE SHARES OF CO_2

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Weighted Average Shares of Common Stock	The weighted average number of common stock outstanding used in the computation of basic and diluted earnings per share is as follows (in thousands): At December 31, 2024 2023 2022 Weighted average shares Weighted average number of common shares outstanding — basic 85,023 87,176 90,494 Potential dilution from equity awards (1) 3,128 4,809 7,013 Weighted average number of common shares outstanding — diluted (1) 88,151 91,985 97,507 (1) There were 0.4 million and 0.3 million shares that were anti-dilutive under the treasury stock method for the years ended December 31, 2024 and 2023, respectively. T here were an immaterial amount of

SHARE-BASED COMPENSATION (Table

SHARE-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 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 (1,746) (928) Canceled or forfeited (195) (207) Outstanding, December 31, 2024 2,972 2,802
Summary of Option Activity	The following table presents the options activity: Number of Options Weighted Average Exercise Price Weighted Average Life Remaining Aggregate Intrinsic Value Outstanding, December 31, 2023 4,804 $ 4.28 2.6 $ 34,350 Granted 109 8.04 Exercised (1,746) 4.67 Canceled or forfeited (195) 6.75 Outstanding, December 31, 2024 2,972 4.03 2.3 28,538 Vested and expected to vest after, December 31, 2024 2,959 4.01 2.3 28,488 Exercisable, December 31, 2024 2,786 $ 3.54 1.9 $ 27,980
Schedule of Information About Stock Options Outstanding and Exercisable	The following table presents the options outstanding and exercisable by price range: Options Outstanding Options Exercisable Number Weighted Average Remaining Contract Life Weighted Number Weighted Range of Exercise Prices (in thousands) (Years) Prices (in thousands) Price $ 1.46 $ 2.78 1,035 1.3 $ 2.05 1,035 $ 2.05 3.29 3.29 1,448 2.2 3.29 1,448 3.29 6.30 8.32 327 3.3 7.75 224 7.62 15.12 15.12 90 8.3 15.12 30 15.12 16.69 16.69 72 7.4 16.69 49 16.69 2,972 2,786
Schedule of Nonvested Restricted Stock Units Activity	The following table presents our RSU and PSU awards activity: Shares Outstanding Weighted Average Grant Date Fair Value Weighted Average Life Remaining Aggregate Intrinsic Value Outstanding, December 31, 2023 2,464 $ 15.88 1.2 $ 27,747 Granted 1,473 8.71 Vested (928) 17.24 Forfeited (207) 12.54 Outstanding, December 31, 2024 2,802 12.15 1.2 37,861 Expected to vest after, December 31, 2024 2,297 $ 12.33 1.1 $ 31,037

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Consolidated Income Before Tax for Domestic and Foreign Operations	The following presents consolidated income (loss) before tax for domestic and foreign operations (in thousands): Year Ended December 31, 2024 2023 2022 Consolidated income (loss) before tax Domestic $ 18,735 $ 104,798 $ 157,510 Foreign (2,838) (3,207) 90 Total $ 15,897 $ 101,591 $ 157,600
Income Tax Provision (Benefit) Attributable to Income From Operations Before Tax	The income tax provision (benefit) attributable to the income (loss) before tax consists of the following components (in thousands): Year Ended December 31, 2024 2023 2022 Income tax (benefit) provision Domestic $ (431) $ 17,760 $ 36,440 Foreign 1,312 (166) 671 Total income tax provision (benefit) $ 881 $ 17,594 $ 37,111 Income tax provision (benefit) Current $ 12,064 $ 8,634 $ 4,446 Deferred (11,183) 8,960 32,665 Total income tax provision (benefit) $ 881 $ 17,594 $ 37,111
Reconciliation of Federal Statutory Rate and Effective Income Tax Rate	A reconciliation of the federal statutory rate and the effective income tax rate is as follows: Year Ended December 31, 2024 2023 2022 Income tax reconciliation Federal statutory rate 21.0 % 21.0 % 21.0 % Foreign provision (3.4) % (0.4) % (0.1) % State/province income tax 9.1 % 3.3 % 3.3 % Compensation deduction limitations 4.4 % 2.1 % 2.9 % Stock-based compensation expense (7.1) % (4.5) % (2.5) % Adjustments to carrying values (7.5) % 1.9 % 0.3 % Research and development credit (1) (25.4) % (6.7) % (2.2) % Valuation allowance (2) 11.7 % 1.1 % — % Global intangible low-taxed income (3) — % — % 0.4 % Non-deductible expenses - other 1.3 % 0.2 % — % Other 1.4 % (0.7) % 0.4 % Effective tax rate 5.5 % 17.3 % 23.5 % (1) Benefit from the generation of research and development credits. (2) Increase in the valuation allowance due to additional losses in Australia. (3) The Company had no Global Intangible Low-Taxed Income inclusion in 2024 due to the high tax exception in certain of the foreign jurisdictions and losses in other locations.
Schedule of Major Tax-Effected Components of Deferred Tax Assets and Liabilities	The major tax-effected components of the deferred tax assets and liabilities are as follows (in thousands): At December 31, 2024 2023 2022 Deferred income tax assets related to: Net operating losses $ 4,645 $ 5,171 $ 27,901 Tax credits 771 17,570 18,467 Capitalized research expenditures (1) 38,760 27,534 15,705 Accrued and prepaid expenses 10,049 9,989 10,481 Stock compensation expense 4,246 5,427 6,041 Accounts receivable allowances 1,492 1,293 1,204 Other 8,123 1,798 1,841 Valuation allowance (3,575) (1,818) (739) Total deferred income tax assets $ 64,511 $ 66,964 $ 80,901 Deferred income tax liabilities related to: Other intangible assets $ 41,422 $ 49,234 $ 57,487 Property and equipment 19,939 24,755 23,352 Other 5,113 6,139 4,472 Total deferred income tax liabilities $ 66,474 $ 80,128 $ 85,311 Deferred income taxes, net $ (1,963) $ (13,164) $ (4,410) (1) As required by the 2017 Tax Cuts and Jobs Act, effective January 1, 2022, our research and development expenditures were capitalized and amortized, which resulted in higher taxable income for 2022, 2023, and 2024 with an equal amount of deferred tax benefit.
Reconciliation of Total Amounts of Deferred Tax Asset Valuation Allowance	The following is a tabular reconciliation of the total amounts of deferred tax asset valuation allowance (in thousands): At December 31, 2024 2023 2022 Balance at beginning of period $ 1,818 $ 739 $ 804 Valuation allowance - (reversal) charge 1,757 1,079 (65) Balance at end of period $ 3,575 $ 1,818 $ 739
Reconciliation of Total Amounts of Unrecognized Tax Benefits	The following is a tabular reconciliation of the total amounts of unrecognized tax benefits (in thousands): At December 31, 2024 2023 2022 Unrecognized tax benefit Unrecognized tax benefit at beginning of period $ 4,537 $ 2,566 $ 2,151 Gross increases — tax positions in prior period 71 1,189 415 Gross increases — tax positions in current period 624 782 — Unrecognized tax benefit at end of period $ 5,232 $ 4,537 $ 2,566

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Segment Information	The following tables present segment information (in thousands): For the Year Ended December 31, 2024 2023 2022 Games Revenue Gaming operations (1) $ 277,460 $ 304,132 $ 292,873 Gaming equipment and systems 101,461 125,022 143,553 Total revenues 378,921 429,154 436,426 Costs and expenses Cost of revenues (2) Gaming operations 41,923 35,205 25,153 Gaming equipment and systems 59,260 72,191 86,638 Total cost of revenues (3) 101,183 107,396 111,791 Operating expenses (4)(5)(6)(7)(8)(9)(10)(11)(12) 112,780 103,666 76,496 Research and development 49,360 44,365 40,353 Depreciation 78,837 68,833 57,106 Amortization 47,954 44,201 43,044 Total costs and expenses 390,114 368,461 328,790 Operating (loss) income $ (11,193) $ 60,693 $ 107,636 (1) Includes the accretion of contract rights of approximately $9.3 million for the years ended December 31, 2024 and 2023, respectively, and $9.6 million for the year ended December 31, 2022. (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 year ended December 31, 2024. (4) Includes approximately $3.1 million of transaction costs related to the Proposed Transaction for the year ended December 31, 2024. (5) Includes approximately $15.8 million and $2.0 million of transaction costs related to the Original Proposed Transaction for the years ended December 31, 2024 and 2023, respectively. (6) Includes approximately $6.3 million of employee retention costs for the Proposed Transaction for the year ended December 31, 2024. (7) Includes approximately $2.1 million and $1.0 million of severance costs related to the realignment of certain employee functions within the Games business for the years ended December 31, 2024 and 2023, respectively. (8) Includes approximately $7.5 million of depreciation charges for certain end-of-life electronic gaming devices returned from our install base for the year ended December 31, 2024. (9) Includes approximately $3.8 million of accrued charges for the decline in expected utility of certain firm purchase commitments for the year ended December 31, 2024. (10) Includes approximately $0.4 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the year ended December 31, 2024, approximately $1.2 million and $0.6 million for other legal fees and other professional expenses associated with the Video King asset acquisition, respectively, for the year ended December 31, 2023 and $0.1 million for legal fees associated with the acquisitions completed during the year ended December 31, 2022. (11) Includes approximately $4.8 million and $0.7 million of office and warehouse consolidation expenses for the years ended December 31, 2023 and 2022, respectively. (12) Includes approximately $0.2 million in litigation recovery for the year ended December 31, 2022. * Rounding may cause variances. For the Year Ended December 31, 2024 2023 2022 FinTech Revenues Financial access services $ 228,702 $ 225,054 $ 206,860 Software and other 104,120 99,490 80,232 Hardware 46,160 54,123 59,001 Total revenues 378,982 378,667 346,093 Costs and expenses Cost of revenues (1) Financial access services 10,516 11,064 10,186 Software and other 13,562 6,159 4,125 Hardware 32,570 36,621 39,220 Total cost of revenues 56,648 53,844 53,531 Operating expenses (2)(3)(4)(5)(6)(7)(8) 166,839 157,265 140,463 Research and development 27,952 23,268 20,174 Depreciation 10,799 9,858 9,695 Amortization 16,366 15,841 16,514 Total costs and expenses 278,604 260,076 240,377 Operating income $ 100,378 $ 118,591 $ 105,716 (1) Excludes depreciation and amortization. (2) Includes approximately $3.3 million of transaction costs related to the Proposed Transaction for the year ended December 31, 2024. (3) Includes approximately $0.4 million of transaction costs related to the Original Proposed Transaction for the years ended December 31, 2024 and 2023, respectively. (4) Includes approximately $6.0 million of employee retention costs for the Proposed Transaction for the year ended December 31, 2024. (5) Includes approximately $0.2 million and $1.0 million of severance costs related to the realignment of certain employee functions within the FinTech business for the years ended December 31, 2024 and 2023, respectively. (6) Includes approximately $0.7 million in other professional fees and expenses primarily associated with litigation and other non-recurring legal matters for the year ended December 31, 2024. We recorded a benefit of approximately $0.5 million and $0.2 million against other legal fees and expenses associated with insurance recoveries from litigation matters for the years ended December 31, 2024 and 2023, respectively, and $0.1 million of legal fees for debt amendment costs for the year ended December 31, 2023. (7) Includes approximately $0.1 million of office and warehouse consolidation expenses for the year ended December 31, 2023. (8) Includes approximately $4.5 million in legal fees and expenses primarily associated with litigation and other non-recurring items, including the stock purchase agreement of eCash and the acquisition of certain strategic assets of Venuetize for the year ended December 31, 2022. * Rounding may cause variances. For the Year Ended December 31, 2024 2023 2022 Total Games and FinTech Total revenues $ 757,903 $ 807,821 $ 782,519 Costs and expenses Cost of revenues (1) 157,831 161,240 165,322 Operating expenses 279,619 260,931 216,959 Research and development 77,312 67,633 60,527 Depreciation 89,636 78,691 66,801 Amortization 64,320 60,042 59,558 Total costs and expenses 668,718 628,537 569,167 Operating income $ 89,185 $ 179,284 $ 213,352 (1) Exclusive of depreciation and amortization. The following tables present revenue, significant expense and measure of profit or loss segment information (in thousands): For the Year Ended December 31, 2024 Games FinTech Total Revenues $ 378,921 $ 378,982 $ 757,903 Less: (1) Cost of revenues (2) 101,183 56,648 157,831 Payroll and related expense (3) 83,855 126,460 210,315 Software license expense 16,251 16,352 32,603 Occupancy and related expense 14,178 10,601 24,779 Inventory and related expense 10,537 13,060 23,597 Legal and related expense 14,316 6,928 21,244 Accounting, taxes and consulting expense 11,868 7,865 19,733 Stock-based compensation expense 5,010 5,692 10,702 Travel expense 2,241 5,538 7,779 Marketing expense 2,549 1,461 4,010 Depreciation 78,837 10,799 89,636 Amortization 47,954 16,366 64,320 Other segment items (4) 1,335 834 2,169 Segment operating (loss) income $ (11,193) $ 100,378 $ 89,185 Interest expense, net of interest income 73,288 Income before income tax $ 15,897 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. For the Year Ended December 31, 2023 Games FinTech Total Revenues $ 429,154 $ 378,667 $ 807,821 Less: (1) Cost of revenues (2) 107,396 53,844 161,240 Payroll and related expense (3) 73,312 115,918 189,230 Inventory and related expense 20,274 12,802 33,076 Software license expense 13,037 13,837 26,874 Occupancy and related expense 14,180 9,810 23,990 Stock-based compensation expense 9,505 9,206 18,711 Accounting, taxes and consulting expense 8,090 7,376 15,466 Travel expense 2,438 6,103 8,541 Legal and related expense 3,203 3,459 6,662 Marketing expense 2,508 1,565 4,073 Depreciation 68,833 9,858 78,691 Amortization 44,201 15,841 60,042 Other segment items (4) 1,484 457 1,941 Segment operating income $ 60,693 $ 118,591 $ 179,284 Interest expense, net of interest income 77,693 Income before income tax $ 101,591 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. For the Year Ended December 31, 2022 Games FinTech Total Revenues $ 436,426 $ 346,093 $ 782,519 Less: (1) Cost of revenues (2) 111,791 53,531 165,322 Payroll and related expense (3) 66,211 96,158 162,369 Software license expense 9,706 10,414 20,120 Occupancy and related expense 11,694 8,254 19,948 Stock-based compensation expense 10,178 9,611 19,789 Inventory and related expense 4,777 11,822 16,599 Accounting, taxes and consulting expense 6,873 7,730 14,603 Legal and related expense 2,138 9,301 11,439 Travel expense 1,860 4,801 6,661 Marketing expense 2,180 1,402 3,582 Depreciation 57,106 9,695 66,801 Amortization 43,044 16,514 59,558 Other segment items (4) 1,232 1,144 2,376 Segment operating income $ 107,636 $ 105,716 $ 213,352 Interest expense, net of interest income 55,752 Income before income tax $ 157,600 (1) The significant expense categories and amounts align with the segment-level information that is regularly provided to the CODM. (2) Exclusive of depreciation and amortization. (3) The payroll and related expense does not include amounts capitalized on the balance sheet or included within cost of revenues. (4) Other segment items for each segment includes: (i) Games - Other miscellaneous expenses. (ii) FinTech - Other miscellaneous expenses. Measurement and Uses of Reported Segment Profit or Loss The accounting policies of our segments are the same as those described in the summary of significant accounting policies. The CODM evaluates the performance of our operating segments based on segment operating income or loss. The CODM makes use of segment operating income or loss predominantly in the annual budget and forecasting process when making decisions about allocating capital and personnel to our segments. The following table presents segment information (in thousands): At December 31, 2024 2023 Total assets Games $ 925,861 $ 931,322 FinTech 996,048 1,192,548 Total assets $ 1,921,909 $ 2,123,870

BUSINESS (Details)

BUSINESS (Details)	12 Months Ended
	Dec. 31, 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	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Interest income	$ 15,100	$ 12,100	$ 3,900
Cash and cash equivalents	$ 400,677	$ 267,215	$ 293,394
Restricted Cash, Current, Statement of Financial Position [Extensible Enumeration]	Prepaid expenses and other current assets	Prepaid expenses and other current assets	Prepaid expenses and other current assets
Restricted cash — current	$ 7,803	$ 5,190	$ 1,568
Restricted Cash, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Other assets	Other assets	Other assets
Restricted cash — non-current	$ 101	$ 101	$ 101
Total	$ 408,581	$ 272,506	$ 295,063	$ 303,726

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Property, Equipment, and Placement Fee Agreements (Details)	12 Months Ended
	Dec. 31, 2024
Property, Plant and Equipment [Line Items]
General term of the agreement	83 months
Minimum
Property, Plant and Equipment [Line Items]
Estimated life	1 year
General term of the agreement	2 years
Maximum
Property, Plant and Equipment [Line Items]
Estimated life	5 years
General term of the agreement	5 years

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Goodwill and Other Intangible Assets (Details)	Dec. 31, 2024
Maximum
Finite-Lived Intangible Assets [Line Items]
Useful life	6 years

BASIS OF PRESENTATION AND SUM_7

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Advertising, Marketing and Promotional Costs, Research and Development Costs, and Employee Benefits Plan (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Advertising, Marketing and Promotional Costs
Total advertising, marketing and promotional costs	$ 4,000	$ 4,000	$ 3,500
Research and development costs
Research and development	$ 77,312	67,633	60,527
Employee Benefits Plan
Maximum contribution by employees of pre-tax earnings	75%
Matching contribution made by the entity	$ 7,800	$ 6,300	$ 4,600

BASIS OF PRESENTATION AND SUM_8

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Fair Values of Financial Instruments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Aug. 03, 2021
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Term of loans and receivables	12 months	12 months
Senior secured notes | Credit Agreement, dated August 3, 2021
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	561,201,000	589,433,000
Fair Value | Level 2 | Incremental Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	400,000,000	365,000,000
Outstanding Balance | Level 2 | New Term Loan
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	560,500,000	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

BASIS OF PRESENTATION AND SUM_9

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Stock-Based Compensation (Details)	12 Months Ended
	Dec. 31, 2024
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years

REVENUES - Contract Asset and L

REVENUES - Contract Asset and Liability (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Contract assets
Balance, beginning of period	$ 26,635	$ 22,417
Balance, end of period	35,564	26,635
Increase	8,929	4,218
Contract liabilities
Balance, beginning of period	51,799	53,419
Balance, end of period	63,563	51,799
Increase (decrease)	$ 11,764	$ (1,620)

REVENUES - Narrative (Details)

REVENUES - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Contract liability, revenue recognized	$ 34,900	$ 36,000
Revenues	757,903	807,821	$ 782,519
Games
Disaggregation of Revenue [Line Items]
Revenues	378,921	429,154	436,426
FinTech
Disaggregation of Revenue [Line Items]
Revenues	378,982	378,667	346,093
Gaming Operations, Leased Equipment | Games
Disaggregation of Revenue [Line Items]
Revenues	$ 178,000	201,900	197,900
Gaming Operations, Leased Equipment | Minimum | Games
Disaggregation of Revenue [Line Items]
Payment terms	30 days
Gaming Operations, Leased Equipment | Maximum | Games
Disaggregation of Revenue [Line Items]
Payment terms	90 days
Gaming Operations, Wide Area Progressive (WAP) Systems | Minimum | Games
Disaggregation of Revenue [Line Items]
Payment terms	30 days
Gaming Operations, Wide Area Progressive (WAP) Systems | Maximum | Games
Disaggregation of Revenue [Line Items]
Payment terms	90 days
Gaming equipment and systems | Games
Disaggregation of Revenue [Line Items]
Revenues	$ 101,461	125,022	143,553
Gaming equipment and systems | Minimum | Games
Disaggregation of Revenue [Line Items]
Term of contract	30 days
Gaming equipment and systems | Maximum | Games
Disaggregation of Revenue [Line Items]
Payment terms	39 months
Term of contract	180 days
Gaming equipment and systems | Maximum | FinTech
Disaggregation of Revenue [Line Items]
Payment terms	60 months
Software and other | FinTech
Disaggregation of Revenue [Line Items]
Revenues	$ 104,120	$ 99,490	$ 80,232
Software and other | Minimum | FinTech
Disaggregation of Revenue [Line Items]
Payment terms	30 days
Software and other | Maximum | FinTech
Disaggregation of Revenue [Line Items]
Payment terms	90 days
Equipment Product | Minimum | FinTech
Disaggregation of Revenue [Line Items]
Payment terms	30 days
Equipment Product | Maximum | FinTech
Disaggregation of Revenue [Line Items]
Payment terms	90 days

LEASES - Narrative (Details)

LEASES - Narrative (Details)	Dec. 31, 2024
Minimum
Lessee, Lease, Description [Line Items]
Renewal term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Renewal term	10 years

LEASES - Balance Sheet Informat

LEASES - Balance Sheet Information (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Operating Lease, Right-of-Use Asset, Statement of Financial Position [Extensible List]	Other assets	Other assets
Operating lease ROU assets	$ 24,299	$ 27,489
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Accounts payable and accrued expenses	Accounts payable and accrued expenses
Current operating lease liabilities	$ 7,579	$ 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	$ 22,472	$ 26,930

LEASES - Cash Flow Information

LEASES - Cash Flow Information (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Long-term operating leases	$ 8,908	$ 7,413	$ 6,885
Short-term operating leases	2,318	2,090	1,660
ROU assets obtained in exchange for lease obligations:
Operating leases	$ 2,863	$ 17,690	$ 7,502

LEASES - Lease Costs (Details)

LEASES - Lease Costs (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Weighted average remaining lease term, operating leases	6 years 4 months 28 days	6 years 8 months 15 days
Weighted average discount rate, operating leases	6.32%	6.08%
Operating lease cost	$ 7,813	$ 6,786	$ 6,008
Variable lease cost	1,465	1,461	1,164
Non-cash lease expense	$ 6,007	$ 6,096	$ 4,847

LEASES - Payments Due (Details)

LEASES - Payments Due (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Leases, Operating [Abstract]
2025	$ 9,219
2026	6,064
2027	3,938
2028	3,430
2029	2,580
Thereafter	12,185
Total future minimum lease payments	37,416
Amount representing interest	7,365
Present value of future minimum lease payments	30,051
Current operating lease liabilities	7,579	$ 7,079
Long-term lease obligations	$ 22,472	$ 26,930

LEASES - Sales-type Lease (Deta

LEASES - Sales-type Lease (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
Net investment in sales-type leases — current	$ 1,902	$ 810

BUSINESS COMBINATIONS - Narrati

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

3 Months Ended

12 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 ($)

Dec. 31, 2024 USD ($) Rate

Jun. 30, 2024 USD ($)

Sep. 30, 2023 USD ($)

Jun. 30, 2023 USD ($)

Mar. 31, 2023 USD ($)

Sep. 30, 2022 USD ($)

Sep. 30, 2022 AUD ($)

Jun. 30, 2022 USD ($)

Dec. 31, 2024 USD ($) Rate

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Feb. 28, 2024 USD ($)

Business Acquisition [Line Items]

Deferred tax liabilities

$ 6,514

$ 6,514

$ 13,762

International Game Technology PLC

Business Acquisition [Line Items]

Principal amount of debt

$ 4,300,000

Share Price | $ / 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

6,400

Employee retention costs

12,300

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

$ 16,200

ecash Holdings Pty Limited

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 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, period since closing

1 year

1 year

ecash Holdings Pty Limited | Tranche Two

Business Acquisition [Line Items]

Contingent consideration

$ 4,200

$ 6.5

Contingent consideration, period since closing

2 years

2 years

Intuicode

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 12,500

Business combination, consideration transferred, liabilities incurred

$ 1,600

Consideration transferred

$ 200

$ 1,300

Intuicode | Measurement Input, Discount Rate

Business Acquisition [Line Items]

Acquired business discount rate | Rate

0.05

0.05

Intuicode | Revenue Target One

Business Acquisition [Line Items]

Earn-out liability

$ 6,400

Contingent consideration, revenue target anniversary

1 year

Intuicode | Revenue Target Two

Business Acquisition [Line Items]

Earn-out liability

$ 2,400

Contingent consideration, revenue target anniversary

2 years

Venuetize, Inc.

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 18,200

Earn-out liability

900

Consideration transferred

$ 700

Business combination, consideration transferred

$ 1,000

Deferred tax liabilities

1,200

Venuetize, Inc. | Revenue Target One

Business Acquisition [Line Items]

Contingent consideration, revenue target anniversary

12 months

30 months

Venuetize, Inc. | Revenue Target Two

Business Acquisition [Line Items]

Contingent consideration, revenue target anniversary

24 months

VKGS LLC

Business Acquisition [Line Items]

Payments to acquire businesses, gross

$ 61,000

Earn-out liability

$ 200

Contingent consideration, revenue target anniversary

18 months

Additional net working capital payment

$ 300

Pro forma revenue

817,000

$ 824,000

Pro forma net income

$ 83,000

109,200

eCash, Intuicode and Venuetize

Business Acquisition [Line Items]

Pro forma revenue

797,600

Pro forma net income

$ 111,400

FUNDING AGREEMENTS (Details)

FUNDING AGREEMENTS (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Funding Agreements
Site-funded ATMs	$ 309,800,000	$ 483,700,000
Prefunded cash	3,600,000	3,600,000
Contract Cash Solutions Agreement | Indemnification Guarantee
Funding Agreements
Cash usage fees incurred	18,600,000	20,400,000	$ 9,300,000
Outstanding balance	379,300,000	$ 388,500,000
Contract Cash Solutions Agreement, as amended | Indemnification Guarantee
Funding Agreements
Maximum amount	$ 450,000,000
Renewal period	1 year
Non-renewal notice period	90 days

TRADE AND OTHER RECEIVABLES - S

TRADE AND OTHER RECEIVABLES - Schedule of Trade and Other Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other receivables	$ 5,598	$ 4,474
Total trade and other receivables, net	94,184	97,068
Non-current portion of receivables	6,329	2,786
Total trade and other receivables, current portion	87,855	94,282
Games
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables, net	61,298	66,044
Non-current portion of receivables	2,461	480
FinTech trade and loans receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Trade receivables, net	27,288	26,550
Non-current portion of receivables	$ 3,868	$ 2,306

TRADE AND OTHER RECEIVABLES - A

TRADE AND OTHER RECEIVABLES - Activity in Allowance for Credit Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning allowance for credit losses	$ (5,210)	$ (4,855)
Provision	(11,422)	(11,623)
Charge-offs and recoveries	10,976	11,268
Ending allowance for credit losses	$ (5,656)	$ (5,210)

INVENTORY - Schedule of Invento

INVENTORY - Schedule of Inventory (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Inventory Disclosure [Abstract]
Inventory valuation reserves	$ 6,693	$ 3,144
Component parts, net of reserves of $6,693 and $3,144 at December 31, 2024 and December 31, 2023, respectively	54,324	59,632
Work-in-progress	918	1,147
Finished goods	12,579	9,845
Total inventory	$ 67,821	$ 70,624

INVENTORY - Narrative (Details)

INVENTORY - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Inventory [Line Items]
Reserve for inventory obsolescence	$ 4,621	$ 1,220	$ 792
Games
Inventory [Line Items]
Reserve for inventory obsolescence	3,500
Purchase commitment impairment	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

PREPAID EXPENSES AND OTHER AS_3

PREPAID EXPENSES AND OTHER ASSETS (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Prepaid expenses and other current assets
Prepaid expenses	$ 26,052	$ 25,608
Contract assets	16,961	13,651
Deposits	13,636	10,530
Restricted cash	7,803	5,190	$ 1,568
Other	3,662	2,578
Total prepaid expenses and other current assets	68,114	57,557
Other assets
Operating lease ROU assets	24,299	27,489
Contract assets	18,603	12,984
Prepaid expenses and deposits	9,624	9,429
Debt issuance costs of revolving credit facility	609	993
Other	12,410	13,415
Total other assets	$ 65,545	$ 64,310

PROPERTY AND EQUIPMENT - Schedu

PROPERTY AND EQUIPMENT - Schedule of Components of Property, Equipment and Leased Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Cost	$ 451,635	$ 463,863
Accumulated Depreciation	293,643	311,159
Net Book Value	$ 157,992	152,704
Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	1 year
Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Rental pool - deployed
Property, Plant and Equipment [Line Items]
Cost	$ 297,909	308,438
Accumulated Depreciation	201,141	218,110
Net Book Value	$ 96,768	90,328
Rental pool - deployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	2 years
Rental pool - deployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Rental pool - undeployed
Property, Plant and Equipment [Line Items]
Cost	$ 42,360	39,578
Accumulated Depreciation	30,364	29,770
Net Book Value	$ 11,996	9,808
Rental pool - undeployed | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	2 years
Rental pool - undeployed | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Leasehold and building improvements
Property, Plant and Equipment [Line Items]
Cost	$ 16,630	19,271
Accumulated Depreciation	3,597	4,887
Net Book Value	$ 13,033	14,384
Leasehold and building improvements | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	1 year
Leasehold and building improvements | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
Machinery, office, and other equipment
Property, Plant and Equipment [Line Items]
Cost	$ 65,518	63,857
Accumulated Depreciation	37,875	36,481
Net Book Value	$ 27,643	27,376
Machinery, office, and other equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	1 year
Machinery, office, and other equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful Life (Years)	5 years
FinTech | Machinery, office, and other equipment
Property, Plant and Equipment [Line Items]
Cost	$ 29,218	32,719
Accumulated Depreciation	20,666	21,911
Net Book Value	$ 8,552	$ 10,808

PROPERTY AND EQUIPMENT - Narrat

PROPERTY AND EQUIPMENT - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Depreciation	$ 89,636	$ 78,691	$ 66,801

GOODWILL AND OTHER INTANGIBLE_3

GOODWILL AND OTHER INTANGIBLE ASSETS - Goodwill Testing (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 736,470	$ 737,804	$ 715,870

GOODWILL AND OTHER INTANGIBLE_4

GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Changes in Goodwill (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Changes in the carrying amount of goodwill
Balance at the beginning of the period	$ 737,804	$ 715,870
Foreign currency translation	(1,304)	(805)
Acquisition related adjustments	(30)	24,612
Subsequent recognition of deferred tax assets		(1,873)
Balance at the end of the period	736,470	737,804
Games
Changes in the carrying amount of goodwill
Balance at the beginning of the period	484,375	461,443
Foreign currency translation	(175)	0
Acquisition related adjustments	(30)	22,932
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	484,170	484,375
Financial Access Services
Changes in the carrying amount of goodwill
Balance at the beginning of the period	155,190	157,049
Foreign currency translation	(48)	14
Acquisition related adjustments	0	0
Subsequent recognition of deferred tax assets		(1,873)
Balance at the end of the period	155,142	155,190
Kiosk Sales and Services
Changes in the carrying amount of goodwill
Balance at the beginning of the period	17,966	15,860
Foreign currency translation	(1,081)	(819)
Acquisition related adjustments	0	2,925
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	16,885	17,966
Central Credit Services
Changes in the carrying amount of goodwill
Balance at the beginning of the period	17,127	17,127
Foreign currency translation	0	0
Acquisition related adjustments	0	0
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	17,127	17,127
Compliance Sales and Services
Changes in the carrying amount of goodwill
Balance at the beginning of the period	12,136	12,136
Foreign currency translation	0	0
Acquisition related adjustments	0	0
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	12,136	12,136
Loyalty Sales and Services
Changes in the carrying amount of goodwill
Balance at the beginning of the period	41,395	41,395
Foreign currency translation	0	0
Acquisition related adjustments	0	0
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	41,395	41,395
Mobile Technologies
Changes in the carrying amount of goodwill
Balance at the beginning of the period	9,615	10,860
Foreign currency translation	0	0
Acquisition related adjustments	0	(1,245)
Subsequent recognition of deferred tax assets		0
Balance at the end of the period	$ 9,615	$ 9,615

GOODWILL AND OTHER INTANGIBLE_5

GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Other Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Cost	$ 918,887	$ 873,886
Accumulated Amortization	701,972	639,748
Total	216,915	234,138
Contract rights under placement fee agreements
Finite-Lived Intangible Assets [Line Items]
Cost	57,821	57,821
Accumulated Amortization	30,931	21,592
Total	$ 26,890	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	$ 337,236	337,829
Accumulated Amortization	276,218	255,972
Total	$ 61,018	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	$ 499,104	453,453
Accumulated Amortization	371,695	340,286
Total	$ 127,409	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	$ 24,726	24,783
Accumulated Amortization	23,128	21,898
Total	$ 1,598	$ 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

GOODWILL AND OTHER INTANGIBLE_6

GOODWILL AND OTHER INTANGIBLE ASSETS - Other Intangible Assets, Narrative (Details) - USD ($)	3 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Amortization		$ 64,320,000	$ 60,042,000	$ 59,558,000
Placement fees and placement fee agreements				500,000
Imputed interest in placement fees		0	$ 0
Impairment of intangible assets		0		0
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]			Total costs and expenses
Finite lived intangibles	$ 234,138,000	216,915,000	$ 234,138,000
Developed technology and software
Finite-Lived Intangible Assets [Line Items]
Development costs capitalized		56,900,000	49,400,000	$ 46,300,000
Finite lived intangibles	113,167,000	127,409,000	113,167,000
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Impairment of intangible assets	11,700,000
Finite lived intangibles	81,857,000	$ 61,018,000	81,857,000
Customer relationships | Fair Value, Inputs, Level 3
Finite-Lived Intangible Assets [Line Items]
Finite lived intangibles	$ 500,000		$ 500,000
Useful life	5 years		5 years

GOODWILL AND OTHER INTANGIBLE_7

GOODWILL AND OTHER INTANGIBLE ASSETS - Schedule of Anticipated Amortization Expense (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Total	$ 216,915	$ 234,138
Finite-Lived Intangible Assets, Placed into Service
Finite-Lived Intangible Assets [Line Items]
2025	65,203
2026	44,372
2027	15,232
2028	5,147
2029	4,239
Thereafter	14,004
Total	148,197
Finite Lived Intangible Assets Not Yet Placed Into Service
Finite-Lived Intangible Assets [Line Items]
Total	$ 68,700

ACCOUNTS PAYABLE AND ACCRUED _3

ACCOUNTS PAYABLE AND ACCRUED EXPENSES (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Payables and Accruals [Abstract]
Customer commissions payable	$ 81,676	$ 74,376
Contract liabilities	60,922	51,395
Payroll and related expenses	19,643	14,367
Accounts payable - trade	13,870	30,261
Financial access processing and related expenses	10,401	8,670
Accrued interest	9,332	9,616
Operating lease liabilities	7,579	7,079
Accrued income taxes	3,972	6,367
Contingent consideration and acquisition-related liabilities	2,397	5,623
Other	11,223	7,776
Total accounts payable and accrued expenses	$ 221,015	$ 215,530

LONG-TERM DEBT - Schedule of Ou

LONG-TERM DEBT - Schedule of Outstanding Indebtedness (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Aug. 03, 2021
Debt Instrument [Line Items]
Total debt	$ 960,500,000	$ 986,500,000
Debt issuance costs and discount	(9,565,000)	(12,035,000)
Total debt after debt issuance costs and discount	950,935,000	974,465,000
Current portion of long-term debt	0	(6,000,000)
Long-term debt, less current portion	950,935,000	968,465,000
Senior secured notes | Credit Agreement, dated August 3, 2021
Debt Instrument [Line Items]
Principal amount of debt	600,000,000	600,000,000	$ 600,000,000
Revolving credit facility | Credit Agreement, dated August 3, 2021
Debt Instrument [Line Items]
Total debt	0	0
Principal amount of debt	$ 125,000,000
Basis spread (as a percent)	2.50%
Senior secured notes
Debt Instrument [Line Items]
Total debt	$ 560,500,000	586,500,000
Senior secured notes | Senior secured notes | Credit Agreement, dated August 3, 2021
Debt Instrument [Line Items]
Total debt	$ 560,500,000	586,500,000
Basis spread (as a percent)	2.50%
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	12 Months Ended
	Aug. 03, 2021 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Debt Instrument [Line Items]
Total debt		$ 960,500,000	$ 960,500,000	$ 986,500,000
New Credit Facilities
Debt Instrument [Line Items]
Basis spread adjustment, period one (as a percent)	0.10%
Basis spread adjustment, period two (as a percent)	0.30%
Basis spread adjustment, period three (as a percent)	0.40%
New Credit Facilities | Secured Overnight Financing Rate (SOFR)
Debt Instrument [Line Items]
Debt Instrument, Floor Interest Rate	0.50%
Basis spread (as a percent)	2.50%
New Credit Facilities | Base Rate
Debt Instrument [Line Items]
Basis spread (as a percent)	1.50%
New Credit Agreement, dated May 9, 2017
Debt Instrument [Line Items]
Leverage ratio maximum		4.25	4.25
Senior Unsecured Notes Due 2029 | Senior unsecured notes
Debt Instrument [Line Items]
Total debt		$ 400,000,000	$ 400,000,000
Interest rate		5%	5%
Senior secured notes | Credit Agreement, dated August 3, 2021
Debt Instrument [Line Items]
Term of facility	7 years
Principal amount of debt	$ 600,000,000	$ 600,000,000	$ 600,000,000	600,000,000
Percentage of par amount issued	0.9975
Senior secured notes | New Credit Agreement, dated May 9, 2017
Debt Instrument [Line Items]
Weighted average interest rate during period			7.78%
Revolving credit facility | Credit Agreement, dated August 3, 2021
Debt Instrument [Line Items]
Principal amount of debt		125,000,000	$ 125,000,000
Borrowing capacity	$ 125,000,000
Basis spread (as a percent)			2.50%
Periodic payment, percentage of principal			0.0025
Periodic principal payments		20,000,000
Period for prepayment premium from closing date			6 months
Prepayment penalty, percentage of principal amount repaid			1%
Total debt		$ 0	$ 0	$ 0

LONG-TERM DEBT - Maturities of

LONG-TERM DEBT - Maturities of Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Maturities of borrowings
2025	$ 0
2026	0
2027	0
2028	560,500
2029	400,000
Thereafter	0
Total	$ 960,500	$ 986,500

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details) - Derivative Complaints	12 Months Ended
	Dec. 31, 2024 case
Loss Contingencies [Line Items]
Loss Contingency new claims filed	3
Loss contingency number of defendants	13

STOCKHOLDER'S EQUITY (Details)

STOCKHOLDER'S EQUITY (Details) $ / shares in Units, $ in Millions		12 Months Ended
	May 02, 2024 USD ($)	Dec. 31, 2024 vote shares	Dec. 31, 2023 USD ($) $ / shares shares	Dec. 31, 2022 USD ($) $ / shares shares	May 03, 2023 USD ($)
Class of Stock [Line Items]
Stock repurchase program, authorized amount | $					$ 180
Stock repurchase program, period in force		18 months
Repurchase of shares | $	$ 100		$ 100	$ 84.3
Treasury stock acquired (in shares)		0	7,500,000	5,000,000
Treasury stock acquired (in usd per share) | $ / shares			$ 13.40	$ 16.93
Convertible preferred stock authorized (in shares)		50,000,000	50,000,000
Convertible preferred stock outstanding (in shares)		0	0
Number of votes for a share of common stock | vote		1
Common stock issued (in shares)		125,853,023	123,178,882
Treasury Stock
Class of Stock [Line Items]
Shares withheld from restricted stock awards (in shares)			600,000
Aggregate purchase price of shares repurchased or withheld from restricted stock awards | $			$ 9.2

WEIGHTED AVERAGE SHARES OF CO_3

WEIGHTED AVERAGE SHARES OF COMMON STOCK (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Weighted average shares
Weighted average number of common shares outstanding - basic (in shares)	85,023	87,176	90,494
Potential dilution of equity awards (in shares)	3,128	4,809	7,013
Weighted average number of common shares outstanding - diluted (in shares)	88,151	91,985	97,507
Anti-dilutive equity awards excluded from computation of earnings per share (in shares)	400	300

SHARE-BASED COMPENSATION - Summ

SHARE-BASED COMPENSATION - Summary of Award Activity (Details) - shares shares in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Equity Incentive Plan
Restricted Stock Units
Number of shares available for grant (in shares)	4,500
Stock Options
Stock Options
Outstanding, beginning of period (in shares)	4,804
Granted (in shares)	109
Exercised (in shares)	(1,746)
Canceled or forfeited (in shares)	(195)
Outstanding, end of period (in shares)	2,972	4,804
Stock Options | Equity Incentive Plan
Stock Options
Outstanding, beginning of period (in shares)	4,804
Granted (in shares)	109
Exercised (in shares)	(1,746)
Canceled or forfeited (in shares)	(195)
Outstanding, end of period (in shares)	2,972	4,804
Restricted Stock Units
Restricted Stock Units
Outstanding, beginning of period (in shares)	2,464
Granted (in shares)	1,473	1,600	1,300
Vested (in shares)	(928)	(1,700)	(2,100)
Canceled or forfeited (in shares)	(207)
Outstanding, end of period (in shares)	2,802	2,464
Restricted Stock Units | Equity Incentive Plan
Restricted Stock Units
Outstanding, beginning of period (in shares)	2,464
Granted (in shares)	1,473
Vested (in shares)	(928)
Canceled or forfeited (in shares)	(207)
Outstanding, end of period (in shares)	2,802	2,464

SHARE-BASED COMPENSATION - Stoc

SHARE-BASED COMPENSATION - Stock Options, Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.80%	3.70%
Stock-based compensation expense	$ 10,702	$ 8,541	$ 11,439
Proceeds from exercise of stock options	$ 8,038	$ 13,739	$ 1,921
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	4.70%	3.50%	2.90%
Expected life	4 years 10 months 24 days	5 years 1 month 6 days	4 years 10 months 24 days
Expected volatility	58.70%	55.40%	55.70%
Unrecognized compensation expense	$ 700
Weighted-average period for recognition of unrecognized compensation expense	1 year 9 months 18 days
Time Based Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Time Based Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Time Based Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period	10 years
Total intrinsic value of options exercised	$ 11,200	$ 18,300	$ 4,900
Stock-based compensation expense	500	400	100
Proceeds from exercise of stock options	$ 8,200	$ 14,000	1,900
Vested and expected to vest	2 years 3 months 18 days
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	2 years 8 months 12 days	2 years 8 months 12 days
Expected volatility	43.60%	48.40%
Expected dividend yield	0%	0%
Unrecognized compensation expense	$ 13,600	$ 20,000	$ 20,100
Weighted-average period for recognition of unrecognized compensation expense	1 year 6 months	1 year 6 months	1 year 2 months 12 days
Stock-based compensation expense	$ 10,200	$ 18,300	$ 19,700
Tranche 1 | Time Based Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25%
Tranche 1 | Time Based Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	33%
Tranche 2 | Time Based Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25%
Tranche 2 | Time Based Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	33%
Tranche 3 | Time Based Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25%
Tranche 3 | Time Based Options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	33%
Tranche 4 | Time Based Options | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	25%

SHARE-BASED COMPENSATION - St_2

SHARE-BASED COMPENSATION - Stock Option Activity (Details) - Stock Options - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Stock Options
Outstanding, beginning of period (in shares)	4,804
Granted (in shares)	109
Exercised (in shares)	(1,746)
Canceled or forfeited (in shares)	(195)
Outstanding, end of period (in shares)	2,972	4,804
weighted average period	2,959
Exercisable (in shares)	2,786
Weighted Average Exercise Price
Outstanding (in dollars per share)	$ 4.28
Granted (in dollars per share)	8.04
Exercised options (in dollars per share)	4.67
Canceled or forfeited (in dollars per share)	6.75
Outstanding (in dollars per share)	4.03	$ 4.28
Vested and expected to vest (in dollars per share)	4.01
Exercisable (in dollars per share)	$ 3.54
Weighted Average Life Remaining
Outstanding	2 years 3 months 18 days	2 years 7 months 6 days
Vested and expected to vest	2 years 3 months 18 days
Exercisable	1 year 10 months 24 days
Aggregate Intrinsic Value
Outstanding	$ 28,538	$ 34,350
Vested and expected to vest	28,488
Exercisable	$ 27,980

SHARE-BASED COMPENSATION - St_3

SHARE-BASED COMPENSATION - Stock Options by Exercise Price (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2024 $ / shares shares
Options Outstanding
Number Outstanding (in shares) | shares	2,972
Options Exercisable
Number Exercisable (in shares) | shares	2,786
$1.46 - $1.46
Range of Exercise Prices
Low (in dollars per share)	$ 1.46
High (in dollars per share)	$ 2.78
Options Outstanding
Number Outstanding (in shares) | shares	1,035
Weighted Average Remaining Contract Life	1 year 3 months 18 days
Weighted Average Exercise Prices (in dollars per share)	$ 2.05
Options Exercisable
Number Exercisable (in shares) | shares	1,035
Weighted Average Exercise Price (in dollars per share)	$ 2.05
$1.57 - $2.78
Range of Exercise Prices
Low (in dollars per share)	3.29
High (in dollars per share)	$ 3.29
Options Outstanding
Number Outstanding (in shares) | shares	1,448
Weighted Average Remaining Contract Life	2 years 2 months 12 days
Weighted Average Exercise Prices (in dollars per share)	$ 3.29
Options Exercisable
Number Exercisable (in shares) | shares	1,448
Weighted Average Exercise Price (in dollars per share)	$ 3.29
$3.29 - $3.29
Range of Exercise Prices
Low (in dollars per share)	6.30
High (in dollars per share)	$ 8.32
Options Outstanding
Number Outstanding (in shares) | shares	327
Weighted Average Remaining Contract Life	3 years 3 months 18 days
Weighted Average Exercise Prices (in dollars per share)	$ 7.75
Options Exercisable
Number Exercisable (in shares) | shares	224
Weighted Average Exercise Price (in dollars per share)	$ 7.62
$3.41 - $6.59
Range of Exercise Prices
Low (in dollars per share)	15.12
High (in dollars per share)	$ 15.12
Options Outstanding
Number Outstanding (in shares) | shares	90
Weighted Average Remaining Contract Life	8 years 3 months 18 days
Weighted Average Exercise Prices (in dollars per share)	$ 15.12
Options Exercisable
Number Exercisable (in shares) | shares	30
Weighted Average Exercise Price (in dollars per share)	$ 15.12
$6.90 - $7.61
Range of Exercise Prices
Low (in dollars per share)	16.69
High (in dollars per share)	$ 16.69
Options Outstanding
Number Outstanding (in shares) | shares	72
Weighted Average Remaining Contract Life	7 years 4 months 24 days
Weighted Average Exercise Prices (in dollars per share)	$ 16.69
Options Exercisable
Number Exercisable (in shares) | shares	49
Weighted Average Exercise Price (in dollars per share)	$ 16.69

SHARE-BASED COMPENSATION - Rest

SHARE-BASED COMPENSATION - Restricted Stock Units, Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense	$ 10,702	$ 8,541	$ 11,439
Restricted Stock Units (RSU)'s, Time-Based | Tranche 1
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage		33%
Vesting period	3 years	3 years	3 years
Restricted Stock Units (RSU)'s, Time-Based | Tranche 1 | Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Restricted Stock Units (RSU)'s, Time-Based | Tranche 2
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage			33%
Vesting period		1 year
Restricted Stock Units (RSU)'s, Time-Based | Tranche 3
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage	33%
Vesting period		2 years
Restricted Stock Units (RSU)'s, Time-Based | Tranche 3 | Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	10 years
Restricted Stock Units (RSU)'s, Time-Based | Tranche 4
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period		3 years
Restricted Stock Units (RSU)'s, Time-Based | Tranche 4 | Board of Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	6 months
Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	1,473	1,600	1,300
Vested (in shares)	928	1,700	2,100
Unrecognized compensation expense	$ 13,600	$ 20,000	$ 20,100
Weighted-average period for recognition of unrecognized compensation expense	1 year 6 months	1 year 6 months	1 year 2 months 12 days
Stock-based compensation expense	$ 10,200	$ 18,300	$ 19,700
Granted (in dollars per share)	$ 8.71	$ 13.34	$ 16.08

SHARE-BASED COMPENSATION - Re_2

SHARE-BASED COMPENSATION - Restricted Stock Units Activity (Details) - Restricted Stock Units - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Restricted Stock Units
Outstanding, beginning of period (in shares)	2,464
Granted (in shares)	1,473	1,600	1,300
Vested (in shares)	(928)	(1,700)	(2,100)
Forfeited (in shares)	(207)
Outstanding, end of period (in shares)	2,802	2,464
Expected to vest (in shares)	2,297
Weighted Average Grant Date Fair Value
Outstanding (in dollars per share)	$ 15.88
Granted (in dollars per share)	8.71	$ 13.34	$ 16.08
Vested (in dollars per share)	17.24
Forfeited (in dollars per share)	12.54
Outstanding (in dollars per share)	12.15	$ 15.88
Expected to vest (in dollars per share)	$ 12.33
Weighted Average Life Remaining (Years)
Outstanding, December 31, 2024	1 year 2 months 12 days	1 year 2 months 12 days
Expected to vest after, December 31, 2024	1 year 1 month 6 days
Aggregate Intrinsic Value (in thousands)
Outstanding, December 31, 2024	$ 37,861	$ 27,747
Expected to vest after, December 31, 2024	$ 31,037

INCOME TAXES - Consolidated Inc

INCOME TAXES - Consolidated Income Before Tax (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Consolidated income (loss) before tax
Domestic	$ 18,735	$ 104,798	$ 157,510
Foreign	(2,838)	(3,207)	90
Income before income tax	$ 15,897	$ 101,591	$ 157,600

INCOME TAXES - Income Tax (Bene

INCOME TAXES - Income Tax (Benefit) Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income tax (benefit) provision
Domestic	$ (431)	$ 17,760	$ 36,440
Foreign	1,312	(166)	671
Total income tax provision (benefit)	881	17,594	37,111
Income tax provision (benefit)
Current	12,064	8,634	4,446
Deferred	(11,183)	8,960	32,665
Total income tax provision (benefit)	$ 881	$ 17,594	$ 37,111

INCOME TAXES - Federal Statutor

INCOME TAXES - Federal Statutory Rate and Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income tax reconciliation
Federal statutory rate	21%	21%	21%
Foreign provision	(3.40%)	(0.40%)	(0.10%)
State/province income tax	9.10%	3.30%	3.30%
Compensation deduction limitations	4.40%	2.10%	2.90%
Stock-based compensation expense	(7.10%)	(4.50%)	(2.50%)
Adjustments to carrying values	(7.50%)	1.90%	0.30%
Research and development credit	(25.40%)	(6.70%)	(2.20%)
Valuation allowance	11.70%	1.10%	0%
Global intangible low-taxed income	0%	0%	0.40%
Non-deductible expenses - other	1.30%	0.20%	0%
Other	1.40%	(0.70%)	0.40%
Effective tax rate	5.50%	17.30%	23.50%

INCOME TAXES - Schedule of Defe

INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Deferred income tax assets related to:
Net operating losses	$ 4,645	$ 5,171	$ 27,901
Tax credits	771	17,570	18,467
Capitalized research expenditures	38,760	27,534	15,705
Accrued and prepaid expenses	10,049	9,989	10,481
Stock compensation expense	4,246	5,427	6,041
Accounts receivable allowances	1,492	1,293	1,204
Other	8,123	1,798	1,841
Valuation allowance	(3,575)	(1,818)	(739)	$ (804)
Total deferred income tax assets	64,511	66,964	80,901
Deferred income tax liabilities related to:
Other intangible assets	41,422	49,234	57,487
Property and equipment	19,939	24,755	23,352
Other	5,113	6,139	4,472
Total deferred income tax liabilities	66,474	80,128	85,311
Deferred income taxes, net	$ (1,963)	$ (13,164)	$ (4,410)

INCOME TAXES - Narrative (Detai

INCOME TAXES - Narrative (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Tax Examination [Line Items]
Net operating losses	$ 4,645	$ 5,171	$ 27,901
Unrecognized tax benefits	5,232	4,537	$ 2,566	$ 2,151
Undistributed earnings of foreign subsidiaries	22,400
State
Income Tax Examination [Line Items]
Net operating losses	2,500
Foreign
Income Tax Examination [Line Items]
Valuation allowance related to net operating loss carry forwards		$ 1,100
Accumulated net operating losses	2,200
Federal
Income Tax Examination [Line Items]
Research and development credit carryforward	5,400
Solar tax credit	$ 500

INCOME TAXES - Reconciliation o

INCOME TAXES - Reconciliation of Deferred Tax Asset Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets, Valuation Allowance [Roll Forward]
Balance at beginning of period	$ 1,818	$ 739	$ 804
Valuation allowance - (reversal) charge	1,757	1,079	(65)
Balance at end of period	$ 3,575	$ 1,818	$ 739

INCOME TAXES - Reconciliation_2

INCOME TAXES - Reconciliation of Unrecognized Tax Benefits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Unrecognized tax benefit
Unrecognized tax benefit at beginning of period	$ 4,537	$ 2,566	$ 2,151
Gross increases — tax positions in prior period	71	1,189	415
Gross increases — tax positions in current period	624	782	0
Unrecognized tax benefit at end of period	$ 5,232	$ 4,537	$ 2,566

SEGMENT INFORMATION - Revenues,

SEGMENT INFORMATION - Revenues, Operating Income, and Assets (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues
Total revenues				$ 757,903	$ 807,821	$ 782,519
Costs and expenses
Cost of revenues				157,831	161,240	165,322
Operating expenses				279,619	260,931	216,959
Research and development				77,312	67,633	60,527
Depreciation				89,636	78,691	66,801
Amortization				64,320	60,042	59,558
Total costs and expenses				668,718	628,537	569,167
Operating income				89,185	179,284	213,352
Total assets
Total assets		$ 1,921,909		1,921,909	2,123,870
Reserve for inventory obsolescence				4,621	1,220	792
Litigation recovery						200
Global Gaming And Play Ditial Business
Total assets
Transaction costs				6,400
Employee retention costs				12,300
Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs				16,200
Games
Revenues
Total revenues				378,921	429,154	436,426
Costs and expenses
Cost of revenues	[1]			101,183	107,396	111,791
Operating expenses				112,780	103,666	76,496
Research and development				49,360	44,365	40,353
Depreciation		7,500	$ 7,500	78,837	68,833	57,106
Amortization				47,954	44,201	43,044
Total costs and expenses				390,114	368,461	328,790
Operating income				(11,193)	60,693	107,636
Total assets
Total assets		925,861		925,861	931,322
Accretion of contract rights				9,300	9,300	9,600
Reserve for inventory obsolescence				3,500
Severance costs				2,100	1,000
Purchase commitment impairment				3,800
Other legal fees and expenses (benefit)				400		100
Office and warehouse consolidation expenses					4,800	700
Depreciation, Nonproduction				7,500
Games | Global Gaming And Play Ditial Business
Total assets
Transaction costs				3,100
Games | Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs				15,800	2,000
Employee retention costs				6,300
Games | Video King Asset Acquisition
Total assets
Other legal fees					1,200
Other professional fees					600
Games | Gaming operations
Revenues
Total revenues				277,460	304,132	292,873
Costs and expenses
Cost of revenues	[1]			41,923	35,205	25,153
Total assets
Reserve for inventory obsolescence				3,000
Games | Gaming equipment and systems
Revenues
Total revenues				101,461	125,022	143,553
Costs and expenses
Cost of revenues	[1]			59,260	72,191	86,638
Total assets
Reserve for inventory obsolescence				500
FinTech
Revenues
Total revenues				378,982	378,667	346,093
Costs and expenses
Cost of revenues	[1]			56,648	53,844	53,531
Operating expenses				166,839	157,265	140,463
Research and development				27,952	23,268	20,174
Depreciation				10,799	9,858	9,695
Amortization				16,366	15,841	16,514
Total costs and expenses				278,604	260,076	240,377
Operating income				100,378	118,591	105,716
Total assets
Total assets		$ 996,048		996,048	1,192,548
Severance costs				200	1,000
Other legal fees and expenses (benefit)				700
Office and warehouse consolidation expenses					100
Legal fees for debt amendment					100
FinTech | Global Gaming And Play Ditial Business
Total assets
Transaction costs				3,300
Employee retention costs				6,000
FinTech | Global Gaming And Play Ditial Business, Original Proposed Transaction
Total assets
Transaction costs				400
FinTech | Video King Asset Acquisition
Total assets
Other legal fees and expenses (benefit)				(500)	(200)
FinTech | Venuetize, Inc.
Total assets
Other legal fees and expenses (benefit)						4,500
FinTech | Financial access services
Revenues
Total revenues				228,702	225,054	206,860
Costs and expenses
Cost of revenues	[1]			10,516	11,064	10,186
FinTech | Software and other
Revenues
Total revenues				104,120	99,490	80,232
Costs and expenses
Cost of revenues	[1]			13,562	6,159	4,125
FinTech | Hardware
Revenues
Total revenues				46,160	54,123	59,001
Costs and expenses
Cost of revenues	[1]			$ 32,570	$ 36,621	$ 39,220
[1]Exclusive of depreciation and amortization.

SEGMENT INFORMATION - Revenues

SEGMENT INFORMATION - Revenues (Details) - USD ($) $ in Thousands		3 Months Ended		12 Months Ended
		Dec. 31, 2024	Sep. 30, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Revenues				$ 757,903	$ 807,821	$ 782,519
Cost of revenues				157,831	161,240	165,322
Payroll and related expense(3)				210,315	189,230	162,369
Software license expense				32,603	33,076	20,120
Occupancy and related expense				24,779	26,874	19,948
Inventory and related expense				23,597	23,990	19,789
Legal and related expense				21,244	18,711	16,599
Accounting, taxes and consulting expense				19,733	15,466	14,603
Stock-based compensation expense				10,702	8,541	11,439
Travel expense				7,779	6,662	6,661
Marketing expense				4,010	4,073	3,582
Depreciation				89,636	78,691	66,801
Amortization				64,320	60,042	59,558
Other segment items(4)				2,169	1,941	2,376
Operating income				89,185	179,284	213,352
Interest expense, net of interest income				73,288	77,693	55,752
Income before income tax				15,897	101,591	157,600
Games
Segment Reporting Information [Line Items]
Revenues				378,921	429,154	436,426
Cost of revenues	[1]			101,183	107,396	111,791
Payroll and related expense(3)				83,855	73,312	66,211
Software license expense				16,251	20,274	9,706
Occupancy and related expense				14,178	13,037	11,694
Inventory and related expense				10,537	14,180	10,178
Legal and related expense				14,316	9,505	4,777
Accounting, taxes and consulting expense				11,868	8,090	6,873
Stock-based compensation expense				5,010	2,438	2,138
Travel expense				2,241	3,203	1,860
Marketing expense				2,549	2,508	2,180
Depreciation		$ 7,500	$ 7,500	78,837	68,833	57,106
Amortization				47,954	44,201	43,044
Other segment items(4)				1,335	1,484	1,232
Operating income				(11,193)	60,693	107,636
FinTech
Segment Reporting Information [Line Items]
Revenues				378,982	378,667	346,093
Cost of revenues	[1]			56,648	53,844	53,531
Payroll and related expense(3)				126,460	115,918	96,158
Software license expense				16,352	12,802	10,414
Occupancy and related expense				10,601	13,837	8,254
Inventory and related expense				13,060	9,810	9,611
Legal and related expense				6,928	9,206	11,822
Accounting, taxes and consulting expense				7,865	7,376	7,730
Stock-based compensation expense				5,692	6,103	9,301
Travel expense				5,538	3,459	4,801
Marketing expense				1,461	1,565	1,402
Depreciation				10,799	9,858	9,695
Amortization				16,366	15,841	16,514
Other segment items(4)				834	457	1,144
Operating income				$ 100,378	$ 118,591	$ 105,716
[1]Exclusive of depreciation and amortization.

SEGMENT INFORMATION - Narrative

SEGMENT INFORMATION - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenue, Major Customer [Line Items]
Capital expenditures	$ 156,431	$ 145,108	$ 127,568
Games
Revenue, Major Customer [Line Items]
Capital expenditures	124,800	117,000
FinTech
Revenue, Major Customer [Line Items]
Capital expenditures	$ 31,600	$ 28,100