over the <\/a>long term.<\/p>\n\u201cMajor players in Australia are Aristocrat (market share leader, by far), followed by SGMS. Notably, both Aristocrat and SGMS stock valuations are at several turns above EVRI,\u201d said B. Riley’s Bain. \u201cThe content design and Australia base could also lead to EVRI slot penetration in Asia, in our view, though Australia will likely remain EVRI\u2019s core international expansion effort for some time.\u201d<\/p>\n
The analyst adds Everi is already gaining market share in the US, and the Atlas purchase adds diversification to the buyer’s US-only studio roster. He rates the stock a \u201cbuy,\u201d with a $40 price target, or almost double where it closed on Jan. 10.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"Gaming device manufacturer Everi Holdings (NYSE:EVRI) is ramping up its content library, announcing today it’s purchasing certain assets from Australia-based Atlas Gaming. Atlas is a producer and provider of proprietary gaming content and products. Las Vegas-based Everi is acquiring select development technology and intellectual property assets from the seller. Financial terms of the deal transaction […]<\/p>\n","protected":false},"author":46,"featured_media":197667,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[10,69293],"tags":[],"acf":[],"yoast_head":"\n
Everi Boosts Slot Content Offerings In Atlas Asset Deal<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n