14 hours ago
PENN Launches Digital Wallet at M Resort with Everi Tech
Everi Holdings Inc. (NYSE:EVRI) is among the 10 Best Casino Stocks To Buy Now. It declared that PENN Entertainment's new 'PENN Wallet' at M Resort Spa Casino in Henderson, Nevada, is now powered by its CashClub Wallet® technology.
This is the state's first implementation of Everi Holdings Inc. (NYSE:EVRI)'s mobile wallet. The smart wallet allows guests to make cashless payments around the gaming floor while seamlessly integrating with existing loyalty and payment systems. Its CashClub Wallet has been deployed by PENN in 22 properties across 11 jurisdictions.
CashClub Wallet is the most extensively used land-based digital gaming wallet in the United States, accepting money from PayPal and Apple Pay via Everi Holdings Inc. (NYSE:EVRI)'s Banking as a Service infrastructure. The solution provides self-service, efficient cross-channel payments, improving both operational efficiency and player experience.
The wallet's function in enhancing customer interaction and expediting the funding process was emphasized by Darren Simmons, Executive VP and FinTech Business Leader at Everi Holdings Inc. (NYSE:EVRI). The business plans to update the cash-centric casino culture across the country.
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