LAS VEGAS, July 30, 2018 /PRNewswire/ -- – PlayAGS, Inc. (NYSE: AGS) ("AGS" or the "Company"), a leading designer and supplier of electronic gaming machines, table products, and interactive solutions for the global gaming industry, today announced that after a highly successful field trial, Alberta Gaming, Liquor & Cannabis ("AGLC") has awarded the Company its first large order.
AGS will install 132 Orion Portrait cabinets and four of its best-performing games in 24 locations throughout the Canadian province. The AGS contract award follows a field trial of 24 Orion Portrait games that generated performance above house average and provided a positive player experience.
AGS Senior Vice President of Slot Products Andrew Burke said, "We are excited about entering the Alberta market with a large order to install 132 of our award-winning Orion Portrait cabinets, together with our player-favorite game content, to drive revenue that supports so many worthwhile charitable organizations in Alberta communities. We appreciate AGLC's confidence in AGS and look forward to a long and successful relationship providing games that entertain Alberta's players."
The AGS Orion Portrait cabinets being delivered into Alberta will feature four AGS top-performing games – Fu Nan Fu Nu, River Dragons, Olympus Strike, and Fire Wolf II. The games will be installed in early August.
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, online real-money gaming solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners. Visit www.playags.com to learn more.
Forward-Looking and Cautionary Language
This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements based on management's current expectations and projections, which are intended to qualify for the safe harbor of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding the proposed public offering and other statements identified by words such as "believe," "will," "may," "might," "likely," "expect," "anticipates," "intends," "plans," "seeks," "estimates," "believes," "continues," "projects" and similar references to future periods, or by the inclusion of forecasts or projections. All forward-looking statements are based on current expectations and projections of future events.
These forward-looking statements reflect the current views, models, and assumptions of AGS, and are subject to various risks and uncertainties that cannot be predicted or qualified and could cause actual results in AGS's performance to differ materially from those expressed or implied by such forward looking statements. These risks and uncertainties include, but are not limited to, the ability of AGS to maintain strategic alliances, unit placements or installations, grow revenue, garner new market share, secure new licenses in new jurisdictions, successfully develop or place proprietary product, comply with regulations, have its games approved by relevant jurisdictions and other factors set forth under Item 1. "Business," Item 1A. "Risk Factors" in AGS's Annual Report on Form 10-K/A, filed with the Securities and Exchange Commission on March 30, 2018. All forward-looking statements made herein are expressly qualified in their entirety by these cautionary statements and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Readers are cautioned that all forward-looking statements speak only to the facts and circumstances present as of the date of this press release. AGS expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Julia Boguslawski, Chief Marketing Officer and Executive Vice President of Investor Relations
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