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PlayAGS Inc - AGS STOCK NEWS

Welcome to our dedicated news page for PlayAGS (Ticker: AGS), a resource for investors and traders seeking the latest updates and insights on PlayAGS.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PlayAGS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PlayAGS's position in the market.

Rhea-AI Summary
PlayAGS, Incorporated (NYSE: AGS) is set to announce its first-quarter financial results on May 9, 2024, following the market close. The company will host an investor conference call and live webcast on the same day to discuss its financial performance. Participants can pre-register for the call to receive immediate access details. Those unable to pre-register can join the call using the provided phone numbers. A webcast replay will be available on the company's website for 30 days after the event.
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AGS unveils its first mechanical reel cabinet at the 2024 Indian Gaming Association trade show, showcasing a diverse lineup of new products including classic three-reel games, core and premium games, online gaming advancements, and innovative table products.
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-0.11%
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Rhea-AI Summary
PlayAGS, Inc. (AGS) reported strong fourth-quarter 2023 results with total revenue up by 15% year-over-year to $94.2 million. The company achieved record revenue across all three operating segments: EGM, Table Products, and Interactive. Income from operations increased by 19% year-over-year to $16.0 million, with net income totaling $67 thousand. Total Adjusted EBITDA reached a record $42.8 million, with a margin exceeding 45%. Cash from operating activities totaled $26.4 million, with free cash flow exceeding $10 million for the third consecutive quarter. AGS aims to reduce net leverage to 2.75x to 3.00x by the end of 2024.
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Rhea-AI Sentiment
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-1.3%
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Rhea-AI Summary
Caesars Entertainment, Inc. (CZR) and PlayAGS, Inc. celebrate the exclusive launch of Rakin’ Bacon Odyssey in New Jersey, marking the first cross-platform debut of the popular slot game. The game is now live at Caesars Palace Online Casino and various Atlantic City locations, offering players a unique omnichannel experience. Lady Luck HQ, a prominent gaming influencer, joined the launch event, emphasizing the game's popularity and the strategic partnership between Caesars and AGS.
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PlayAGS, Inc. (AGS) will report its Q4 and full-year 2023 financial results on March 5, 2024, followed by an investor conference call. Participants can pre-register for the call to receive immediate access details. The webcast will be available on the company's website with a replay option for 30 days.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.92%
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conferences earnings
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PlayAGS, Inc. (NYSE: AGS) announced a partnership with EQL Games to provide its real-money online games to U.S. and Canadian iLottery players. The deal expands AGS' reach in the North American iLottery market and allows for the introduction of proven game titles and the development of new titles specifically for the iLottery player.
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Rhea-AI Sentiment
End-of-Day
1.36%
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Rhea-AI Summary
PlayAGS, Inc. (AGS) has completed a repricing of its term loan credit facility, removing the credit spread adjustment and reducing the interest rate to SOFR plus 3.75%. The company also repaid $15 million of its total debt, resulting in estimated annualized cash interest expense savings of over $3 million. AGS is focused on reducing net leverage through consistent Adjusted EBITDA growth and improving free cash flow conversion.
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End-of-Day
2.79%
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Rhea-AI Summary
PlayAGS, Inc. (AGS) announced plans to explore refinancing its term loan credit facility, potentially decreasing the interest rate and repaying up to $15 million of its total debt. The company made preliminary estimated financial data for Q4 2023 available to potential lenders and intends to file a Current Report on Form 8-K with the SEC. AGS is a global gaming company offering diverse gaming experiences and commercial gaming equipment. For more information, visit playags.com.
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Rhea-AI Sentiment
End-of-Day
8.71%
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Three Rivers Casino Resort (TRCR) upgraded its casino floor in Florence, Oregon, exclusively utilizing AGS table products. The installation includes 12 of AGS’ award-winning progressive systems Bonus Spin™ Xtreme, marking the first Bonus Spin Xtreme progressive in Oregon and the nationwide launch of Bonus Spin Xtreme on a craps table. TRCR also installed AGS premium felt games and blackjack side bets, along with AGS’ single-deck shuffler, Pax S®, making its debut in an Oregon casino.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.15%
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partnership
Rhea-AI Summary
PlayAGS, Inc. (NYSE: AGS) Unveils 'Hog Heaven' Branded Slot Room at Miccosukee Casino & Resort in Miami, Florida, featuring 33 top-performing titles, including Rakin' Bacon and Rakin' Bacon Deluxe games. The concept mimics the fun-loving nature of Cornsquealius, the main pig character from AGS' fan-favorite slot game, Rakin' Bacon, creating a unique player experience with social elements like a selfie wall. AGS aims to grow the fanbase and create new ways for players to interact with the game, with approximately 3,100 Rakin' Bacon games installed worldwide.
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Rhea-AI Sentiment
End-of-Day
-0.28%
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PlayAGS Inc

NYSE:AGS

AGS Rankings

AGS Stock Data

357.32M
34.63M
2.08%
79.92%
1.1%
Electronic Computer Manufacturing
Manufacturing
Link
United States
Las Vegas

About AGS

ags is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. our roots are firmly planted in the class ii native american gaming market, but our customer-centric culture and remarkable growth have helped us branch out to become one of the most all-inclusive commercial gaming suppliers in the world. powered by high-performing class ii and class iii slot products, an expansive table products portfolio, highly-rated social casino solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners.