Profile

Everi Holdings Inc., formerly Global Cash Access Holdings, Inc., is a company based in Spring Valley, Nevada that produces slot machines and provides financial equipment and services to casinos. Global Cash Access was founded in July 1998 as a joint venture of three payment processing companies: BA Merchant Services , First Data, and USA Processing Inc. First Data contributed the assets of its gaming business, First Data Financial Services, which provided cash services at over 800 gaming properties; it had purchased the business earlier in the year from Ceridian Corporation. BA Merchant Services contributed $35 million in cash, plus its existing gaming assets, for a 21 percent stake in the business.