Slots and payment solutions provider Everi Holdings has blamed first quarter losses of $15.4m (£12.2m/€13.8m) a decline in revenue resulting from the novel coronavirus (Covid-19) pandemic, and efforts to pay down net debt in the period.
The conclusion of the legal dispute over the payment of value-added tax (VAT) on revenue generated from gaming machines has led to GVC Holding revealing that it expects to see up to £200m repaid.