Commences with Opening of Balaton Gate Motor Speedway in Lake Balaton Location, Hungary

LAS VEGAS, Feb. 21, 2023 /PRNewswire/ — Venuetize, Everi Holdings Inc.’s (NYSE: EVRI) (“Everi” or “the Company”) top cellular know-how and highly developed e-commerce platform for the sporting activities, hospitality, and entertainment industries, these days introduced it has entered into a strategic agreement with 1839 Labs pursuant to which the businesses will integrate their respective solutions to elevate the expertise of lovers, spectators, and visitors within just sporting and other combined-use venues about the world.

The lengthy-time period engagement will begin with the preliminary mobile deployment certain to the Balaton Gate Motor Speedway, opening this Spring, and broaden the cellular knowledge across the home as a vacation resort and added hospitality jobs are done. The Balaton Gate Motor Speedway is a new, state-of-the-artwork, FIA grade A racetrack that is Formulation 1 and MotoGP compliant, in the coronary heart of the Lake Balaton location of Hungary, a lot less than just one hour from Budapest.   

“This strategic agreement with 1839 Labs signifies an vital possibility to showcase the Venuetize platform’s exclusive mobile-focused client-engagement abilities, although also enhancing the platform to pursue other prospects, with an emphasis on racetracks about the earth – these as F1, NASCAR, MotoGP and other motorsports, which is a rising global current market prospect,” claimed Darren Simmons, Everi’s Executive Vice President and FinTech Organization Chief. “As a foremost cell system provider in the sporting activities, location and entertainment markets, Venuetize is an important part of our focus on cell-initial growth initiatives.”

“We are enthusiastic to be working with methods that will significantly enhance the admirer and staff experiences even though providing new revenues to the venue proprietors,” stated J.P. Bonin, CEO of 1839 Labs. “Soon after major current market exploration, we concluded that the Everi’s Venuetize system delivers a critical component to our Clever Structures IoT ecosystem being deployed during all the Balaton Gate assignments. 1839 Labs, in mix with Venuetize is generating exclusively tailored fan engagement resources and other cellular-initial hospitality things. In conjunction with other proprietary systems, we will provide a state-of-the-art cell expertise unmatched at any other motorsports location.”

About Everi
Everi’s mission is to guide the gaming field as a result of the electric power of individuals, creativeness, and technological innovation. As one of the greatest suppliers of know-how methods for the casino flooring that also has an increasing aim in adjacent industries, our dedication is to frequently produce items and solutions that supply gaming enjoyment, boost our customers’ patron engagement, and assist our buyers operate their businesses extra effectively. We develop entertaining game content material, gaming equipment, and gaming devices and expert services for land-based mostly and iGaming operators. Everi is a major innovator and supplier of dependable fiscal technologies alternatives that electrical power on line casino floors, boost casinos’ operational efficiencies, and satisfy regulatory compliance necessities. The Business also develops and supplies participant loyalty applications and mobile-1st programs that generate increased patron engagement for our customers and venues in the on line casino, sports activities, leisure, and hospitality industries. For a lot more information and facts, be sure to visit www.everi.com, which is up-to-date consistently with economic and other info about the Corporation.

About 1839 Labs.
1839 Labs is a technology-centered division of 1839 Capital, a boutique venture funds organization furnishing one of a kind expense possibilities in the U.S. and overseas.  As a wholly owned subsidiary of 1839 Funds, 1839 Labs has the major mission of producing know-how apps which boost all round visitor knowledge, improve operational efficiencies and generate sizeable returns on investment for actual estate management groups, owners and other stakeholders.  With the principal emphasis on motorsports, 1839 Labs will create an IoT ecosystem leveraging the Venuetize system, which will incorporate each element of software package integration and operational command units, impacting all degrees of operations of the motorsport venue.  The 1839 Labs alternative will ingest and synthesize knowledge although incorporating adaptable APIs and advanced AI algorithms for new enterprise and operational insights.  As new systems are applied, the proprietary 1839 Labs solution will evolve and be adaptive to new electronic developments, which include concentrated supporter engagement, shopper/visitor products and services, 3rd-bash focused advertisement, and other opportunities by means of ground breaking information monetization.

For a lot more info go to www.1839Cash.com or www.1839Labs.com. E-mail inquiries may possibly be sent to [email protected].

Everi Media Relations
Dona Cassese
VP, Advertising and marketing
(702) 556-7133 or [email protected]

Mike Youthful
Company Communications
(702) 518-9179 or [email protected]

1839 Labs Media Relations
(866) 887-1839 or [email protected]

Source Everi Holdings Inc.