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AGS, NexGen Technology Announce Contract With Morongo Casino For Fast Cash™ Mobile Table Game Chip Transaction Solution

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AGS has partnered with NexGen Technology to introduce 40 Fast Cash mobile chip devices at Morongo Casino Resort & Spa in California. This innovative solution allows players to purchase chips quickly and securely without the need for cash or ATMs, enhancing the gaming experience while minimizing contact. The Fast Cash system is designed for convenience, requiring no registration and enabling seamless transactions with debit cards. Both AGS and Morongo Casino executives expressed confidence in the growing demand for cashless solutions in the gaming sector.

Positive
  • Introduction of 40 Fast Cash devices enhances player convenience.
  • Partnership with NexGen Technology strengthens AGS's market position.
  • No registration required for players, simplifying the transaction process.
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LAS VEGAS, June 23, 2021 /PRNewswire/ -- AGS  (or the "Company") (NYSE: AGS) and NexGen Technology today announced that Morongo Casino Resort & Spa ("Morongo Casino") near Palm Springs, Calif. is implementing 40 NexGen Fast Cash mobile chip devices, a quick and easy way for players to buy chips at table games without having to touch cash or visit an ATM.

AGS has partnered with NexGen to distribute the Fast Cash solution to its customers as part of the AGS suite of table games and table products. The convenient solution is fully wireless, enabling players to stay comfortably seated at their favorite table game, where they can securely use their debit card to purchase chips through the Fast Cash wireless mobile device.

NexGen Technology President and Chief Operating Officer David Balmer said, "We are thrilled to be in partnership with AGS on placing Fast Cash, the right solution for the right time. It's convenient for players, allowing uninterrupted gameplay while reducing the risk of contact with bacteria and viruses. And it's easy for casino operators to implement, with no connectivity to a gaming system required."

AGS Senior Vice President of Table Products John Hemberger added, "It's been exciting to work with NexGen on placing Fast Cash at Morongo Casino. By providing convenience for the player and ease of installation, we are confident that demand for Fast Cash will increase as casinos seek to add more cashless, contactless solutions."

With the Fast Cash solution, players do not need to register or enroll. They simply insert their debit card into the Fast Cash unit to purchase chips quickly and easily. An integrated printer provides player and dealer receipts.

Morongo Casino Chief Operating Officer Richard St. Jean said, "Fast Cash offers our players the convenience of being able to quickly buy chips without having to leave a table game to walk to the cage, an ATM, or one of our kiosks. During the Fast Cash trials, our players clearly appreciated the simplicity and speed of the system, which aligns with Morongo's history of employing state-of-the-art technology to enhance our gaming experience."

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 growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at playags.com. Find us on LinkedIn, Facebook, Twitter, Instagram, and YouTube.

About NexGen Technology
NexGen Technology is a Las Vegas-based company committed to delivering the most advanced payment technology to the gaming industry. Our payment systems include the world's most advanced multi-functional kiosks as well as wireless and contactless payment solutions for table games, casino cage, and the slot floor. NexGen's focus on cutting-edge technology and best-in-class service have made it a leader in gaming financial services. For more information, visit us at www.nexgen-technology.com.

About Morongo Casino Resort & Spa 
The AAA-Four Diamond Morongo Casino Resort & Spa is located along the 10 Freeway near Palm Springs, Calif. Owned and operated by the Morongo Band of Mission Indians, the Morongo Casino Resort & Spa offers the hottest slots and an array of table and high-limit gaming at one of the largest tribal gaming centers in the United States. The towering 27-story resort features five top-rated restaurants, a stunning swimming pool with private cabanas, a world-class spa, legendary live entertainment and, nearby, the 36-hole championship Morongo Golf Club at Tukwet Canyon. For more information, visit morongocasinoresort.com.

©2021 PlayAGS, Inc. All Rights Reserved. All ® notices signify marks registered in the United States.  All ™ and ℠ notices signify unregistered trademarks.

AGS Investor & Media Contacts:

Brad Boyer, Vice President of Investor Relations, Corporate Development and Strategy, AGS
bboyer@playags.com 

Julia Boguslawski, Chief Marketing Officer, AGS
jboguslawski@playags.com

Laura Olson-Reyes, Vice President of Marketing & Corporate Communications, AGS
Lolson-reyes@playags.com  

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SOURCE AGS

FAQ

What is the Fast Cash solution introduced by AGS?

The Fast Cash solution is a mobile chip device that allows players to quickly and securely purchase chips at table games without using cash or visiting ATMs.

When was the Fast Cash solution announced?

The Fast Cash solution was announced on June 23, 2021.

Where is the Fast Cash solution being implemented?

The Fast Cash solution is being implemented at Morongo Casino Resort & Spa near Palm Springs, California.

What are the benefits of Fast Cash for players?

Fast Cash offers players convenience by allowing them to purchase chips without leaving the table, thus enabling uninterrupted gameplay.

What does the partnership between AGS and NexGen entail?

AGS and NexGen Technology partnered to distribute Fast Cash devices as part of AGS's suite of table games and products.

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