PlayAGS(AGS)

Search documents
Brightstar Capital Partners Completes Acquisition of PlayAGS for Approximately $1.1 Billion Dollars
Globenewswire· 2025-06-30 20:17
LAS VEGAS and NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Brightstar Capital Partners (“Brightstar”), a private equity firm focused on investing in business services, industrials, consumer, and government services and technology companies, today announced the closing of its acquisition of PlayAGS, Inc. (NYSE: AGS) (“AGS” or the “Company”), a global full-service gaming supplier of high-performing slot, table, and interactive products. The transaction was first announced on May 9, 2024. The closing follows a ...
AGS Named One of U.S. News & World Report’s 2025–2026 Best Companies to Work For
Globenewswire· 2025-06-24 19:00
LAS VEGAS, June 24, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a global gaming supplier known for its high-performing slot, table, and interactive products, has been named one of U.S. News & World Report’s 2025–2026 Best Companies to Work For. AGS was selected as one of U.S. News & World Report’s Best Companies to Work For, placing in the top 30 percent of 2,119 publicly traded companies evaluated. To be eligible, companies were required to have more than 75 employee reviews on Glassdoor submitted between 2 ...
Ageas successfully places its inaugural GBP 400 million Senior Notes
Globenewswire· 2025-06-24 15:40
Today ageas SA/NV successfully placed its inaugural debt securities in the form of GBP 400 million Senior Fixed Rate Notes (the “Notes”) maturing in December 2028 and with a first call date in September 2028. The issuance generated substantial interest from UK institutional investors. The Notes will be issued in denominations of GBP 100,000 at a re-offer price of 99.963 with a fixed coupon rate of 4.75% payable annually, with a first coupon payment scheduled for December 2025. Standard and Poor's assigned a ...
Ageas Re partners with Slovenian insurer Triglav Group in connection with the Motor insurance business distributed by Italian Insurtech Prima
Globenewswire· 2025-06-05 06:30
Company Overview - Ageas Re, the reinsurance arm of Ageas Group, has entered into a reinsurance agreement with Slovenian insurer Triglav Group to enhance its business portfolio and support Ageas's Elevate27 growth strategy [1][3] - Triglav Group is the largest insurance-financial group in the Adria region and operates in six countries, focusing on insurance and asset management [7] - Prima Assicurazioni, a rapidly growing insurtech company, has become the number one direct Motor insurance distributor in Italy since its inception in 2015, generating EUR 1.3 billion in gross written premiums in 2024 [2][6] Partnership Details - Under the agreement, Ageas Re will take an 80% Quota Share on the Prima business underwritten by Triglav Group starting in 2025 [2] - The partnership aims to leverage the tech-driven capabilities of Prima to achieve profitable growth in the attractive European Non-Life insurance market, which generates over EUR 15 billion in premiums [3] Financial Projections - Ageas Re anticipates inflows exceeding EUR 500 million from this transaction in 2025, with a projected Net Operating Result of around EUR 15 million spread over 2025 and 2026 [4] - The impact on Group Solvency is estimated to be no more than -4 points in 2025 [4] Strategic Alignment - The agreement aligns with Ageas's Elevate27 strategy, which focuses on profitable growth in the European Non-Life market [3][5] - Triglav Group aims to enhance its international recognition and expand beyond existing markets through this partnership [5][7]
AGS Celebrates Nine Straight Years as a Best and Brightest Company to Work For in the Nation and Atlanta
Globenewswire· 2025-05-28 17:04
Core Insights - AGS has been recognized as one of the Best and Brightest Companies to Work For® in the Nation and in Atlanta for the ninth consecutive year, highlighting its strong workplace culture and employee satisfaction [2][3][5] Company Recognition - The awards are based on an independent research-driven assessment of company practices and employee survey results, evaluating areas such as compensation, benefits, engagement, retention, and overall workplace well-being [3][4] - AGS received high marks for its focus on benefits, wellness, community involvement, and workplace creativity, surpassing the Best and Brightest benchmark [3] Employee Experience - The recognition reflects how employees feel about the company, indicating a consistent alignment with AGS's values over the years [4] - AGS's Metro Atlanta offices play a crucial role in its innovation and culture, contributing to both local and national recognition [4] Company Operations - AGS operates across multiple locations in the U.S., including Las Vegas, Reno, Scottsdale, Austin, and Oklahoma City, and has a global presence with teams in six countries outside the U.S. [4][6] - The company focuses on creating diverse gaming experiences and has established itself as a leading commercial gaming supplier [6]
PlayAGS(AGS) - 2025 Q1 - Quarterly Report
2025-05-08 20:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarter ended March 31, 2025 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the transition period from to . Commission file number 001-38357 PLAYAGS, INC. (Exact name of registrant as specified in its charter) Nevada 46-3698600 (State or other jurisdicti ...
AGS Grows Slot Strategy Team with the Addition of Dan Marcus as Vice President of Product Management
Globenewswire· 2025-04-28 13:15
Core Insights - AGS has appointed Daniel "Dan" Marcus as Vice President of Product Management to enhance its slot products business and align product strategy across departments [2][3][4] Group 1: Appointment and Role - Dan Marcus will report to Mark DeDeaux and work with Jackson Floyd to address strategic objectives in the slot products sector [2] - His role includes managing the full lifecycle of AGS' slot portfolio, from roadmap development to sales enablement [3] - Marcus will also ensure cross-functional alignment among engineering, business development, and marketing to support market readiness [3] Group 2: Background and Experience - Marcus brings over 20 years of experience in the gaming industry, having held leadership positions at notable companies such as IGT and DraftKings [4] - His expertise includes product development, performance analytics, and go-to-market strategy, which will be crucial for AGS' growth [4] - Previous roles include overseeing commercial strategy for IGT's premium segment and founding Bally's performance consulting group [4] Group 3: Company Overview - AGS is a leading supplier in the global gaming industry, focusing on high-performing slot, table, and interactive products [2][6] - The company has a strong presence in the Class II Native American gaming market and aims to provide a diverse mix of gaming experiences [6] - AGS offers a comprehensive value proposition through its Class II and Class III slot products, table products, and real-money gaming platforms [6]
Ageas successfully places EUR 500 million Tier 2 Notes
Globenewswire· 2025-04-24 16:00
Core Viewpoint - Ageas SA/NV successfully placed EUR 500 million in subordinated fixed to floating rate notes, indicating strong market interest with over 3 times oversubscription [1][2]. Group and Company Summary - The notes have a maturity date in May 2056 and a first call date in November 2035, with a fixed coupon rate of 4.625% until the first reset date on May 2, 2036 [1][2]. - After the first reset date, the coupon will shift to a quarterly payment based on a 3-month Euribor floating rate plus an initial credit spread of 215 basis points and a 100 basis points step-up [2]. - The notes qualify as Tier 2 capital under the Solvency II regime and are rated A- by Fitch, with expectations of a similar rating from Standard and Poor's [3]. - The net proceeds from the issuance will be utilized for financing the acquisition of esure and for general corporate purposes, optimizing the capital structure of the group [4]. - Ageas is a prominent international insurance group with a 200-year heritage, focusing on life and non-life insurance products across Europe and Asia, employing around 50,000 people and reporting annual inflows of EUR 18.5 billion in 2024 [5].
Ageas announces the Ordinary and Extraordinary General Meetings of Shareholders of ageas SA/NV
Globenewswire· 2025-04-18 15:40
Group 1 - Ageas will hold its Ordinary and Extraordinary General Meetings of Shareholders on May 21, 2025, due to insufficient quorum for the previously scheduled meeting on April 23, 2025 [1] - Shareholders must register by May 7, 2025, to exercise their voting rights at the meeting, regardless of the number of shares held on the meeting day [2] - Shareholders intending to attend must communicate their intentions by May 15, 2025, and proxies must be submitted by the same date [3] Group 2 - Ageas is a prominent international insurance group with a 200-year heritage, focusing on both Life and Non-Life insurance products, and operates mainly in Europe and Asia [4] - The company reported annual inflows of EUR 18.5 billion in 2024 and employs approximately 50,000 people [4] - The agenda for the upcoming meeting includes the approval of the annual report for 2024, dividend approval, discharge of liability, remuneration report, reappointments of Board members, and other key corporate governance matters [6]
Ageas communicates revised total number of issued shares
Globenewswire· 2025-04-17 06:15
Group 1 - Ageas has increased its capital by EUR 550 million as part of the esure acquisition agreement, resulting in a total capital of EUR 1,590,019,077.44 and an increase in outstanding shares to 198,938,286 due to the issuance of 10,967,099 new shares [1] - Each outstanding share of Ageas SA/NV confers one voting right, and there are no other securities conferring voting rights [1] - The newly issued shares are listed on the regulated market of Euronext Brussels as of 17 April 2025 [2] Group 2 - Ageas is a listed international insurance group with a 200-year heritage, offering both Life and Non-Life insurance products tailored to customer needs [3] - The company operates primarily in Europe and Asia, which are significant markets in the global insurance sector, and ranks among market leaders in the countries where it operates [3] - Ageas employs approximately 50,000 people and reported annual inflows of EUR 18.5 billion in 2024 [3]