Holland & Hart represented VKGS LLC (Video King), a privately-owned leading provider of integrated electronic bingo gaming tablets, video gaming content, instant win games, and systems, in its sale to Everi Holdings Inc. (Everi), a premier provider of land-based and digital casino gaming content and products, financial technology, and player loyalty solution, for approximately $59 million.
The acquisition, which includes the majority of Video King's assets, is expected to provide Everi with complementary assets and an established customer base to enable additional growth in its Games segment. Currently licensed in approximately 60 jurisdictions, Video King is expected to expand the addressable market for Everi's player-popular digital gaming content.
The Holland & Hart transactional team was led by Amos Barclay, Brandon Carr-Montano, and Denise Rahme, with assistance from Lindsay Silber, Todd Criger, Peter Perla, Trent Timmons, Lori Argall, Stu Knight, Mark Wiletsky, and Ben Gibbons.
For more information, please see Everi’s press release.
Holland & Hart’s Corporate attorneys have extensive experience advising private and public companies, at all stages of development, in a diverse range of industries, including gaming, construction and building materials, energy and resources, finance, wealth services, technology, healthcare, outdoor recreation, animal health, aerospace, and food, beverage, and consumer products industries.