BRIEF-Everi To Acquire Assets Of Video King

Everi Holdings Inc: * EVERI TO ACQUIRE ASSETS OF VIDEO KING, A LEADING INTEGRATED ELECTRONIC BINGO GAMING DEVICE AND SYSTEMS PROVIDER

* EVERI HOLDINGS INC - PROPOSED DEAL FOR CASH CONSIDERATION OF APPROXIMATELY $59 MILLION * EVERI HOLDINGS INC - ACQUISITION WILL BE FUNDED FROM EXISTING CASH ON HAND

* EVERI - DEAL EXPECTED UPON CLOSING TO BE IMMEDIATELY ADDITIVE TO ADJUSTED EBITDA AND FREE CASH FLOW Source text for Eikon: Further company coverage:

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