EVERI HOLDINGS
SVP Victor Newsom talks digital wallet , cashless technology , blockchain / crypto and transformation in tomorrow ' s gaming sector
Everi Holdings ( Everi ) was established in 2015 upon the merger of Global Cash Access ( GCA ), founded in 1996 , and Multimedia Games , Inc . ( MGAM ) . Today , no single supplier in the gaming industry processes more cash access transactions than Everi – over US $ 37bn from more than 125 million transactions in 2021 alone , to be precise . Headquartered in Las Vegas , Nevada , its primary market is in the USA , but it has growing operations in the UK , Canada , Europe , Asia and Australia .
Victor Newsom has been with the company since 2013 . As Senior VP of Product Management and Payment Solutions – with an emphasis on the latter – he ' s responsible for the vision , definition , evaluation , quality , and delivery of payments products for Everi ' s core cash access business . His is an exciting , fast-evolving field , not simply because of the proliferation of fintech tools , but also due to the rapid transformation of gaming as on-premise and online options continue to merge and complement one another . As in other sectors , the objective is to provide a seamless service to the end-user however they want to engage , Newsom says .
Everi is a dominant supplier of services and solutions in the USA ’ s land-based gaming space . “ Our predecessor , GCA , came on the scene long before companies like Venmo or Zelle . In those days , if you lost your money , how did you pay for your bus ticket home ? Global Cash Access came into being to smooth out friction points like this by creating a suite of services – as time passed ,