PENN Entertainment Launches PENN Wallet at M Resort Spa Casino

Everi Holdings, a leading provider of land-based and digital casino content and financial technology, has announced an agreement to enhance PENN Entertainment’s PENN Wallet. This collaboration introduces Everi's innovative CashClub Wallet technology to PENN Wallet, significantly boosting its capabilities at the M Resort Spa Casino in Henderson, Nevada.

Thanks to a new agreement, guests at M Resort can now enjoy the features of the PENN Wallet, offering smooth cashless transactions across the gaming floor while integrating with existing loyalty programs and payment systems. Supported by CashClub Wallet, PENN Wallet enhances the range of funding options available to customers at the popular Henderson casino, allowing them to use diverse methods such as CashClub Wallet, Apple Pay, and PayPal. Darren Simmons, Executive Vice President and FinTech Business Leader at Everi, expressed his enthusiasm for this collaboration. Consumers increasingly prefer self-service options in their spending experiences, and Everi is at the forefront of enhancing casino player engagement. We provide M Resort guests with convenient, comprehensive mobile funding through our integrated solutions, he stated. Simmons added, Our partnership with PENN is improving the casino resort experience nationwide. We're working together to deploy solutions that simplify the financial access process with new, user-friendly digital funding options. This announcement follows PENN Entertainment's recent changes to its Board of Directors. Late last month, the company disclosed that Saul Reibstein and Barbara Shattuck Kohn would not seek re-election, and Ron Naples would be retiring. Furthermore, PENN Entertainment intends to nominate Johnny Hartnett and Carlos Ruisanchez for election to its Board.

Everi's CashClub Wallet has successfully enhanced patron engagement by offering seamless omni-channel payment options that are both quick and efficient. This leading cashless payment solution not only improves operational efficiency and drives growth but also introduces innovation to casino floors, thereby enriching the guest experience. PENN Entertainment and Everi have previously collaborated on similar projects, with Everi's CashClub Wallet technology supporting operations at 22 of PENN's properties. Expanding its influence, Everi continues to assert its position as a premier provider of technology, solutions, and content for the gambling industry.