Welcome to our dedicated page for Playags news (Ticker: AGS), a resource for investors and traders seeking the latest updates and insights on Playags stock.
The AGS (formerly NYSE: AGS) news feed on Stock Titan aggregates company updates, press releases, and regulatory disclosures related to PlayAGS, Inc., a global gaming supplier of slot, table, and interactive products. These items document how AGS describes its evolution from a Class II Native American gaming specialist into a broader commercial gaming supplier with land-based and online offerings.
News coverage for AGS includes announcements about new slot cabinets and game families, table game progressives and shufflers, and developments in its interactive division, AGSi. Releases highlight product showcases at major trade shows, partnerships with casino operators, and recognition from independent industry reports and awards. Together, these updates illustrate how AGS positions its portfolio of Class II and Class III slot products, table systems, and online content within the global gaming industry.
Another key theme in AGS-related news is corporate activity. Articles and filings describe the agreement for affiliates of Brightstar Capital Partners to acquire PlayAGS, Inc., the closing of that transaction, and the subsequent steps to delist and deregister the company’s common stock from the New York Stock Exchange. These items provide context for the transition of AGS from a publicly traded issuer to a privately held company.
Investors and industry observers can use this news page to review historical announcements about AGS’ product launches, strategic partnerships, and corporate transactions. The archive offers a centralized view of how the company has communicated its growth, market focus, and ownership changes over time.
AGS (NYSE: AGS) has been awarded the prestigious 2025 USA TODAY Top Workplaces USA Award, ranking in the Top 100 companies within the 500-999 employee category. The gaming industry supplier placed in the Top 28% of companies in its size category, based on confidential employee feedback collected through third-party surveys.
CEO David Lopez highlighted the significance of this recognition, emphasizing the company's commitment to creating a culture where employees can thrive. The award adds to AGS's recent accolades, including Top Workplace recognition in 2024 for Oklahoma, Las Vegas, and Atlanta locations, along with the Best and Brightest Companies to Work For 2024 award nationally and in Atlanta.
AGS maintains its focus on employee engagement, professional development, competitive benefits, and work-life balance. The company specializes in providing Class II and Class III slot products, table games, real-money gaming platforms, and social casino solutions to the global gaming industry.
PlayAGS (NYSE: AGS), a global gaming supplier, announced the expiration of the Hart-Scott-Rodino Act waiting period for its pending acquisition by Brightstar Capital Partners. The waiting period expired on December 9, 2024, at 11:59 p.m. Eastern Time, marking a significant milestone in the previously announced acquisition deal valued at $12.50 per share in cash. This development satisfies a important condition for the transaction's completion, which is expected to close in the second half of 2025, subject to additional conditions and regulatory approvals.
AGS (NYSE: AGS) is set to showcase a diverse range of gaming products at G2E 2024 in Las Vegas, October 8-10. The company will debut three new Spectra Plus cabinets and an extensive library of slot content, including extensions of the popular Rakin' Bacon® franchise. AGS's Table division will introduce enhancements to its progressive platforms, including Bonus Spin™ Xtreme for Poker Rooms, and preview the MAX 8™ multi-deck shuffler.
AGSi, the company's interactive division, continues to strengthen its position in the North American market with high-performing slot games, bespoke content, and its first table game. The division has nearly doubled its content output compared to last year and successfully executed a cross-channel game launch campaign.
AGS's G2E showcase highlights its ability to provide products for various areas of the casino floor and cater to different player preferences, solidifying its position among the top four slot suppliers in North America.
AGS, a leading supplier of gaming products to casinos, has been recognized as one of the 2024 Best and Brightest Companies to Work For in the Nation and Atlanta by the National Association for Business Resources (NABR) for the eighth consecutive year. The company has also been named to the 2024 Top Workplaces lists in Las Vegas, Atlanta, and Oklahoma.
Additionally, AGS received the 2024 Top Workplaces Culture Excellence Awards across its U.S. locations for Innovation, Work-Life Flexibility, Compensation & Benefits, Leadership, and Purpose & Values. These awards are based on employee feedback and highlight AGS' commitment to fostering a positive company culture.
AGS President and CEO David Lopez emphasized the importance of their people-first culture in driving the company's success. The company has also been recognized on U.S. News & World Report's 'Best Companies to Work For' list in the travel and leisure industry and has received the HIRE Vets Medallion Award from the U.S. Department of Labor since 2018.
PlayAGS, Inc. (NYSE: AGS) is set to showcase its latest gaming innovations at the Oklahoma Indian Gaming Association (OIGA) trade show on August 13-14, 2024. Key highlights include:
Bonus Spin™ Xtreme: A new progressive side bet system for poker rooms, featuring an embedded table display.
Premium slot games: The debut of 'Moo Cluck Oink™', a farm-themed game on the Spectra UR43 Premium™ cabinet.
Spectra™ core games: An extensive portfolio on Spectra UR43™ and UR49™ cabinets, including the top-performing 'Money Charge Ying Da™'.
Revel™: A three-reel mechanical stepper with new games like Triple Treasure™ and Liberty Diamond™.
AGS, with roots in Oklahoma's tribal gaming markets, continues to maintain strong ties to the community, operating its primary manufacturing hub in the state.
PlayAGS, Inc. (NYSE: AGS), a leading supplier of gaming products, announced that its stockholders have approved the acquisition by Brightstar Capital Partners at a special meeting held on August 6, 2024. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and customary closing conditions. Upon completion, AGS will become a privately held company, and its common stock will be delisted from public markets.
AGS is known for its diverse mix of gaming experiences, including high-performing slot products, table games, and online casino content. Brightstar Capital Partners, the acquirer, is a middle market private equity firm focused on industrial, manufacturing, and services businesses.
Emmett Investment Management, owning 1.5% of PlayAGS (NYSE: AGS) stock, opposes the take-private transaction with Brightstar Capital Partners, deeming it undervalued. They cite AGS's Q1 results showcasing a 21% growth in adjusted EBITDA, improved business segments, and potential future benefits from the IGT/Everi merger. Emmett highlights that the $12.50 per share bid undervalues the company, arguing AGS could achieve a $24.70 share price as a standalone entity. They advocate AGS shareholders vote against the proposal.
AGS, a global gaming supplier, has entered into a definitive agreement to be acquired by Brightstar Capital Partners for approximately $1.1 billion. The acquisition provides AGS shareholders with $12.50 per share in cash, representing a 41% premium to the Company's average share price. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and shareholder approval.
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