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PlayAGS, Inc. (NYSE: AGS) is a dynamic global company specializing in providing a broad range of gaming solutions, including electronic gaming machines (EGM), table products, and interactive content. AGS has firmly established its roots in the Class II Native American gaming market and expanded into one of the most inclusive commercial gaming suppliers worldwide.
AGS's core offerings include high-performing Class II and Class III slot products, an expanding portfolio of table products, and robust server-based and back-office systems used by casinos globally. Their interactive segment features top-rated social casino solutions such as Lucky Play Casino and Vegas Fever.
In recent achievements, AGS has showcased its innovative spirit at the 2023 Global Gaming Expo (G2E) by unveiling new slot cabinets like the Spectra UR49C and Spectra UR43 Premium, marking significant steps in their journey to becoming a leading slot supplier. Their table products division has also introduced enhancements to their Bonus Spin™ Xtreme system and the new single-deck shuffler, Pax S®. The company’s interactive division, AGSi, has been expanding its footprint into new jurisdictions such as British Columbia, Italy, Romania, and West Virginia, and recently ranked #1 in Top Indexing New Online Slots.
Financially, AGS continues to demonstrate robust performance. In Q3 2023, they reported a 14% year-over-year increase in total revenue, hitting $89.4 million. This includes a 20% rise in interactive revenue and significant growth across all segments, positioning AGS for continued market expansion and innovation.
Through strategic partnerships, AGS has extended its market presence. The company recently collaborated with Caesars Entertainment to launch Rakin’ Bacon Odyssey® across its Atlantic City properties and online platform. Additionally, they have entered into a partnership with EQL Games to offer their interactive content to U.S. and Canadian iLottery players.
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