The online and land-based gambling provider Everi has recently announced their plans to acquire the mobile technology company Venuetize. The deal will greatly diversify the former’s operations.
Venuetize is a firm that specializes in the development of engagement and commerce platforms for organizations in the hospitality and entertainment, and sports industries with extra attention given to the mobile vertical.
We are quite excited about this purchase, as it will expand our reach beyond our usual gaming and casino industry for the first time. Additionally, it also aligns with our strategic goals of acquiring capital and expanding our portfolio of assets. Venuetize’s existing list of customers and assets will be a great fit for us and our technologies, allowing us to grow quickly. Furthermore, it will allow us to expand at pace in our tried and tested entertainment, sports and hospitality industries as well.
commented the chief executive at Everi, Randy Taylor.
We are thrilled to welcome Venuetize’s team of professionals to Everi. The acquisition will expand our revenue sources and enable us to improve the performance of our mobile products. We are assured that their knowledge, experience and products will soon become a vital part of our business and generate a significant chunk of our revenue.
remarked the executive VP and head of fiscal technologies at Everi, Darren Simmons.
We are delighted about this acquisition which will enable us to bring our mobile-focused technologies to the online gambling space. We are assured that the knowledge and expertise of our team will be utilized for great things.
stated the chief executive officer and founder of Venuetize, Jon Romm.