MEXICO CITY (April 13, 2018) -- Continuing the success of Lightning Link™ in Mexico, the company Aristocrat in conjunction with PlayCity announce the opening of the first Lightning Link™ Lounge™ in Latin America, located at PlayCity Casino Andares in the city of Guadalajara, Jalisco.

To accommodate this concept of entertainment, an exclusive area has been dedicated in the casino where 32 gaming machines will be connected under the Lightning Link Lounge concept. Players in Mexico will participate and be at the forefront of this innovative market experience

The accumulated progressive system of Lightning Link is unique in the market and combines denominations selectable by the players, games of 25 or 50 lines, in addition to a progressive accumulated by the group of machines and by each game terminal, as well as fixed prizes. All this under an exclusive and patented game mechanics for obtaining prizes and bonuses offering an unsurpassed entertainment experience.

“Lightning Link has proven to be the best product on the market during the last year, consolidating with all types of players and in different regions of the country, so we want to offer the concept of Lightning Link Lounge to our players to be at the forefront of the gaming industry,” said Kevin Rosenberg, Director of Business Development at PlayCity.

“We appreciate the confidence and support to PlayCity in the launch of the first Lightning Link Lounge in Mexico, we believe it will be the first of many in the entire region,” commented Alvaro Nores, Vice President for Latin America at Aristocrat.

PlayCity, in addition to the launch of Lightning Link Lounge, has committed to install 250 Lightning Link game machines in its 17 rooms around the country.

“Our commitment to the Mexican market is to offer the best gaming experience and for that we are convinced that this concept will be well received by the players and will make Lightning Link Lounge the favorite and most visited place in the casino,” said Carlos Carrion, Director of Sales and Operations in Mexico.

LAS VEGAS, NV (April 11, 2018) – Gaming Laboratories International (GLI®) will share nearly three decades of tribal gaming experience during the 2018 Indian Gaming Tradeshow & Convention at the Las Vegas Convention Center, April 17 – 20.

“We are delighted to welcome our valued tribal partners to GLI’s booth #827 at this year’s exciting NIGA tradeshow in Las Vegas,” said GLI’s Director of Client Services, Michael Capen. “This is a unique opportunity for tribal regulators, tribal governments, tribal operators, and gaming suppliers to meet with our knowledgeable team of tribal gaming experts on a variety of important topics impacting the future of tribal gaming throughout the country. We look forward to sharing thought-provoking insights, building and strengthening relationships, exploring innovative solutions, and learning from one another in a spirit of cooperation and dialogue.”

“I cordially invite attendees to join me and fellow panelists in Room N261 on Wednesday, April 18 from 2:00 p.m. to 3:00 p.m. for an informative discussion on the topic ‘Class II: The New 547.5 Standards. Are You Compliant?’,” added Capen.

Tribal Experts Provide Strategic Insights & Product Information

GLI’s team of tribal experts will be on hand to discuss how GLI’s proven world-class tools and resources can help pave the way toward success. A NIGA Associate Member since 1999, GLI has a long and successful history of providing valuable, high-quality training and assessment services to more than 225 tribes across North America.

Offering tribes the industry’s leading standards of quality and customer service, GLI’s knowledgeable tribal team will speak to tribal representatives and gaming suppliers about a wide assortment of world-class products and services at this year’s NIGA show. These include, but are not limited to:

Cybersecurity, Casino Management & Educational Services on Display

Attendees visiting GLI’s booth #827 will also learn about the class-leading cybersecurity services offered by Bulletproof, a GLI company, including:

• PCI, DR, Incident Response and Consulting
• IT Infrastructure Consulting
• IT Project Management, Software QA & Testing
• Microsoft & SharePoint Consulting
• Security Aware Employee Training

Additionally, experts from Kobetron™ will be available to demonstrate the globally recognized capabilities of such well-known and respected products and services as IRIS Enterprise® casino process management, IRIS Online® real-time status alerts, Verify+ by Kobetron™,and the latest Kobetron hand-held verification tools.

Tribal regulators, gaming suppliers, and tribal operators of all experience and knowledge levels can also learn how they can benefit from the extensive educational and training opportunities provided by GLI University®, the company’s world-renowned resource for constant learning and constant change.

LAS VEGAS, April 10, 2018 – PlayAGS, Inc. (“AGS” or the “Company”) (NYSE: AGS), a leading designer and supplier of electronic gaming machines (“EGMs”) and other products and services for the gaming industry, today announced it has appointed well-known industry talent Mike McKiski as its Vice President of Sales for Western U.S. and Corporate Accounts. In his new position, McKiski will lead AGS’ continued market expansion by partnering with customers to identify incremental revenue opportunities throughout the western half of the United States.

“As demand for our consistently high-performing slot products continues to grow, we’ve strategically developed a best-in-breed sales management team to capitalize on our opportunities,” said Robert Perry, Senior Vice President of Sales for AGS. “Recruiting Mike to lead our current team of account executives in the West will help elevate our revenue potential and heighten our strong customer-centric culture as we continue to expand. Between his proven track record as a sales leader and his natural ability to develop new market opportunities, we’re confident Mike will add tremendous value to AGS.”

“Joining AGS is a once-in-a-lifetime opportunity,” said McKiski. “I’ve watched the Company’s impressive growth over the past 18 months – including successfully going public earlier this year – and I have been eager to join Team AGS. I’m excited to work for a company that has been named one of 2017’s ‘Best and Brightest’ places to work, earning this honor through a deliberate focus on customer service, employees, and culture. I’m confident that our current product momentum in the marketplace, along with the upcoming library of additional game themes, progressive solutions, and cabinets, will help continue the AGS growth story within both the Corporate and Tribal Gaming markets.”

In his new role, McKiski will focus on bolstering the Company’s slot sales strategy to increase revenue growth throughout the Western states including California, Nevada, Arizona, and Washington, to name a few, as well as key corporate accounts within those states. Prior to joining AGS, McKiski was the Vice President of Sales for Western U.S. at Interblock. Before joining Interblock, he served as Director of Sales and Commercial Operations at Scientific Games Interactive. McKiski holds a B.A. from UNLV, where he was a four-year letter winner as an offensive lineman for the Rebels, and he will complete his MBA from Arizona State University’s W.P. Carey School of business this Fall.

LAS VEGAS, NV (April 9, 2018) – Gaming Laboratories International (GLI), the world leader in independent testing and certification for the global gaming industry, is pleased to announce that Johan Jonsson-Granberg has joined its European client services team as Client Services Manager. In his new capacity, Jonsson-Granberg will be responsible for delivering world-class customer service for GLI’s expanding portfolio of valued clients throughout Europe and around the world. He will be based out of GLI’s London office. 

“We are delighted to welcome Johan to GLI,” said James Illingworth, Director of European Client Services. “Johan joins us during an exciting time of opportunity for GLI in Europe. With Sweden gearing up for new gaming legislation, Johan’s Swedish heritage and his understanding of the unique aspects of the Scandinavian market will help position GLI for continued growth. Johan’s excellent credentials in online gaming, as well as other fields, will assist us in expanding our client base and market share throughout the region.” 

Immediately prior to joining GLI, Jonsson-Granberg was the content sales manager for Playtech, a leading supplier of innovative online gaming software, technology, and content solutions. With more than seven years of online gaming experience, Jonsson-Granberg previously served as an account manager for iSoftBet, a major provider of online and mobile casino games and e-gaming products. 

(FRANKLIN, TENNESSEE) — Players love VGT’s original Wide Area Progressive games, and now the company is raising the stakes and teaming up with Professional Bull Riders, Inc. (PBR) to bring edge-of-your-seat action to casino floors. 

As the first major licensed brand offered in the VGT portfolio, the PBR family of games premiere with the titles with Blazing Bulls™, VS™, Fearless™, and Ryan Dirteater™. Each of the 3-reel mechanical wide area progressive games has a starting jackpot of $20,000 and gives players the chance to ride the excitement towards 8 Red Spins designed to mimic the thrill of an 8-second bull ride. 

The new PBR Wide Area Progressive games and more than 25 other games will be on display in VGT’s booth #635 at this year’s National Indian Gaming Tradeshow & Convention. 

“We work hard every day to keep the trust we have earned from our Tribal gaming partners. We have the industry’s leading Class II games, and we are excited for NIGA 2018, where we will exhibit our first licensed product, as well as new innovations in our OVATION™ line that showcases the combined strengths of the VGT and Aristocrat development teams,” said VGT President Jay Sevigny. 

VGT continues to expand its new exciting video platform – OVATION, which excites operators and players with Aristocrat’s game library by converting popular, proven titles onto a Class II platform. The dynamic opportunity allows VGT to continue to provide new and exciting products to current customers while at the same time position themselves in new markets. At NIGA, VGT will show Aristocrat player-favorite games Wild Panda Gold™, 5 Dragons Gold™, Buffalo 

Gold™, and Miss Kitty Gold™, formatted for Class II games and appearing on the Arc™ Single Cabinet. 

Las Vegas, NV - December 12, 2019

Konami Gaming, Inc. announced that its award-winning SYNKROS® casino management system has been selected by Red Lake Gaming Enterprises, Inc., operator of Seven Clans Casinos. Red Lake Gaming is scheduled to launch SYNKROS across its portfolio of premiere Northern Minnesota venues, including Seven Clans Warroad, Red Lake, and Thief River Falls. In total, the rollout will reach more than 1,500 slots and 10 live table games with industry-leading 99.9% system uptime.

“Superior service, exhilarating gaming entertainment, comfort, and convenience have long been at the forefront of our guest experience at Seven Clans Casinos,” said Ray Brenny, chief executive officer at Red Lake Gaming Enterprises, Inc. “Considering this legacy and our vision for continued growth, Konami’s SYNKROS was the top choice to drive our casino portfolio ahead of the curve.”

“Guests across Seven Clans Casinos will encounter exciting new promotions, tournaments, rewards, and mystery bonus events at all of our locations with the upcoming SYNKROS launch,” said Frances Graves, marketing director at Red Lake Gaming Enterprises, Inc. “SYNKROS’ advanced technology and single ecosystem provide the reliable foundation to support both our immediate and long-term objectives.”

Konami’s SYNKROS will power a single card system across all properties, allowing guests to enjoy seamless loyalty rewards from any of the company’s landmark locations. Additionally, players will have the opportunity to engage in system-delivered True-Time Tournaments™, SuperSeries™ floor-wide bonusing, and electronic promotional drawings, with a broad variety of potential prizes and cash awards.

“Seven Clans Casino properties stand out in a competitive region for providing an incredible retreat—from the atmosphere to the amenities,” said Jay Bertsch, vice president, global systems sales at Konami Gaming, Inc. “Konami is committed to connecting closely with properties through the upcoming launch and beyond, to maximize results for players, administrators, community members, and leadership.”

LONDON, April 3, 2018 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE:IGT) today announced that the Company will present a diverse set of market-ready gaming solutions, including the new CrystalDual^® 27 cabinet, at the 2018 Indian Gaming Tradeshow and Convention ("NIGA") April 19-20 in Las Vegas, Nev. The two-day event will serve as the North America debut for the CrystalDual 27 cabinet, and an important platform for IGT to demonstrate its commitment to tribal gaming.

"NIGA presents a valuable opportunity for IGT to connect with tribal gaming customers, express our deep gratitude for their continued partnerships, and showcase our most recent innovations for tribal casinos," said Renato Ascoli, IGT CEO North America Gaming & Interactive. "NIGA will serve as the North America debut of IGT's CrystalDual 27 cabinet, a hardware solution with a stunning presentation and a strong content roadmap. We will also highlight the depth and breadth of our player-tested content portfolio and demonstrate how mobile solutions such as Cardless Connect and PlaySpot can be leveraged in land-based casinos."

Product highlights within IGT's NIGA booth 647 will include:

• CrystalDual 27 Cabinet and Content: IGT's CrystalDual 27 cabinet will make its North Americadebut at NIGA 2018. The sleek cabinet represents the evolution of the Crystal hardware series and is compatible with IGT's Spin-Splosion!^™ tournament solution. The cabinet features dual, high-definition, 27-inch displays, the option for bank-wide synchronized lighting, a mobile device charging port, and more. IGT will showcase this new hardware with marquee core titles such as the Mistress of Egypt™, It's Magic™ Lilly, and Scarab™ games.
• CrystalCurve™ Cabinet and Content: IGT will highlight the deep content roadmaps for the CrystalCurve cabinet by demonstrating standout core and premium titles on the cabinet's 43-inch, curved, ultra-HD, 4K display. The Company will showcase player-tested, CrystalCurve game titles such as the Cleopatra^® Gold, Wild Fury Jackpots™, Golden Gecko™, and All In games, along with premium titles such as Fort Knox^® Video Slots and the much-anticipated Fortune Gong™ game.
• TRUE 4D™ Content: Building on the recent market arrival of the SPHINX 4D™ game, IGT will spotlight the next game in its TRUE 4D™ roadmap, Ghostbusters 4D. The game is housed on the CrystalCurve™ TRUE 4D cabinet and delivers a multi-sensory player experience by combining a glasses-free TRUE 3D™ game experience, gesture recognition and mid-air haptic technologies. IGT will also display the award-winning SPHINX 4D game at NIGA.
• Expanded Class II Portfolio: NIGA will serve as the trade show debut for many IGT Class II titles, including new video bingo games developed on the Ascent® platform. IGT will showcase Class II versions of the Elephant King®, King of Macedonia™, and Dancing Reels Salsa® games -- all "Proven Performer" Class III titles that have been adapted to a Class II format. Additionally, NIGA attendees can experience IGT's Class III Proven Performer mechanical reel titles such as Double Diamond® Free Games and Double Gold™ Slots in a Class II format, along with exclusive Class II content for the mechanical reel S3000® cabinet with titles such as Jackpot Polly™ and Triple Double Hearts™.
• The CrystalCurve ULTRA Cabinet and Content: The Company will display exciting games for the CrystalCurve ULTRA cabinet. Alfred Hitchcock Presents^™ Video Slots, the next title in the Cabinet's content roadmap, will be joined by The GOONIES Video Slots and The Voice Video Slots -- both premium titles that are currently on casino floors.
• Sports Betting: For the first time at a US-based trade show, IGT will showcase its expanded sports betting offering which now includes self-service, walk-up betting terminals, and will highlight the Company's decades of experience as an international sports betting operator. Anchored in the award-winning PlaySpot™ mobile betting technology, IGT's expanded sports betting portfolio features a suite of turnkey sports betting solutions that can serve any venue type or size, ranging from a full-scale Vegas-style sports book, to smaller-format retail kiosk environment. Already deployed in Nevada as a turnkey mobile sports wagering app, PlaySpot offers a modular design that allows for customization, and can be embedded into an existing casino app, or serve as standalone app.
• Cardless Connect™ Mobile Systems Technology: IGT will showcase award-winning mobile solutions Cardless Connect and PlaySpot within its NIGA booth. Cardless Connect can enhance tribal casinos by giving players a mobile option for logging in and out of patron loyalty sessions and initiating funds transfers to slot machines.

NIGA attendees can also look forward to the following solutions within IGT's booth:

• Exciting new Wheel of Fortune^® titles such as Wheel of Fortune Triple Red Hot 7s on the MEGATOWER cabinet.
• An end-to-end digital, iGaming solution that is anchored in proven casino, poker, and bingo content and is bolstered by the IGT Command platform and backend support. IGT's iGaming products are designed to position operators to scale their digital offering as new market opportunities arise.
• Skill-based games such as Fuzzy's Fortune and Texas Tea^® Pinball^®.
• IGT Dynasty Electronic Table Games (ETG) featuring an ultra-HD, landscape display.
• New content for the S3000^® gaming machine, including the Money Storm^® linked-progressive.
• The Spin-Splosion!™ video tournament solution on the CrystalSlant cabinet.
• New poker offerings such as Ultimate X Wheel Poker^®, the introduction of Game King^® 8.3Rwith a new Roulette feature and IGT's first large format poker offering, Poker XL.

LAS VEGAS (April 2, 2018) – Ainsworth Game Technology (“Ainsworth”) announced today that John Archuleta has been appointed Regional Director of Sales.

Archuleta has spent more than 20-years in leadership roles at successful gaming manufacturers, including Scientific Games, Bally Technologies and Konami. Most recently, he served as Director of Sales at SuzoHapp.

“We are excited to add John to our team of experienced sales professionals,” said Ainsworth Vice President of Sales and Marketing – North America Deron Hunsberger. “John brings a wealth of sales and leadership experience that I believe will enable Ainsworth to better serve our valuable customer partners.”

Archuleta will be based in Ainsworth’s North American headquarters in Las Vegas. He will be responsible for strategic sales plans, cultivating customer relationships, identifying new opportunities and managing the existing Ainsworth sales team.

“It’s an exciting time to join Ainsworth,” said Archuleta. “The Company has flourished in North America with some great products and talented people. I am excited to be part of the continued growth.”

Aristocrat’s™ legendary Timber Wolf™ is a favorite of slot players everywhere. Now the fun and excitement just became grander in the all-new Timber Wolf™ Grand.

Timber Wolf™ Grand is part of Aristocrat’s “Grand Series” that includes Buffalo Grand™ and 5 Dragons Grand™. Like other games in the Grand Series, the contemporary and innovative Timber Wolf Grand is housed in the eye-catching Arc Double™ cabinet, with its dual 42” curved high-definition LCD touch screens, 5.1 stereo sound, upgraded graphic capabilities, and premium ergonomic design.

Timber Wolf Grand offers players 2,000 ways to win, with Xtra Stacking symbols, progressive multipliers, and the chance to achieve a full screen of high-paying Wolf symbols.

An exciting Wheel Feature retains the popular Grand Series dual wheel bonus and awards free games and progressive jackpots that can be multiplied up to 10x. Plus, the Free Games Feature awards an unlimited free games bonus, with the action of x3 and x5 wild multipliers and reel re-spins for rich rewards.

Adding to the fun, Timber Wolf Grand’s Jackpot Feature doesn’t end until players win a Free Games bonus, allowing the chance to win multiple jackpots within the same bonus event. Based on a 1¢ denomination, the Grand MSP jackpot begins at a life-changing $250,000. Other start-ups are Grand (SSP) $5,000; Super $750; Major $100; Minor $20; and Mini $10.

Timber Wolf Grand is a high volatility game with an average feature frequency. Denominations range from 1¢ to $20.

For more information on Timber Wolf Grand or any titles in the Grand Collection, contact your Aristocrat representative at (702) 270-1000.

LIMA, PERU -- The Casino Macao in Lima, Peru can now entertain its guests with IGT’s latest content on the stunning CrystalCurve™ cabinet. Casino Macao is the first of Masaris Group’s 33 casino properties to deploy the cutting-edge hardware.

The Casino Macao players can now enjoy the HD graphics of the Wild Fury Jackpots^® and Star Rise^™ games on the new CrystalCurve Cabinet. “We’re excited to have seven CrystalCurve cabinets on our casino floor,” said Ricardo Mustafá, Managing Director at Masaris Corporation. “The cabinets’ ultra-high definition, 4K resolution screens stand out on our casino floor, while the exciting content keeps players engaged.”

LAS VEGAS, March 28, 2018 (GLOBE NEWSWIRE) -- Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions, reported today that the legendary country music of Willie Nelson, one of the most iconic American singer-songwriters of all time, recently debuted on casino floors with two new games featured on the Company’s Wide-Area Progressive (“WAP”) link.

The two new games for Everi’s popular Player Classic® mechanical reel cabinet which is enhanced with a 55-inch overhead display screen – Willie Nelson’s Shotgun Willie™ and Willie Nelson’s Whiskey River™ – are now live at several Class III tribal casinos in California and Louisiana and will soon launch at multiple Class II tribal casinos. The Company expects to place Willie Nelson-themed WAP games in many Class II and Class III tribal casinos over the coming months. Featuring classic Willie Nelson songs such as Whiskey River and Shotgun Willie, players will delight at the possibility of three Shotgun Willie symbols or three Whiskey River symbols awarding the WAP jackpot prize.

Everi also announced that a lucky player recently won a $115,900 jackpot, the third-ever awarded on the Company’s Class II WAP link. The lucky winner hit the jackpot at WinStar World Casino and Resort in Thackerville, OK while playing Smokin' Hot Stuff™, the licensed theme based on the classic Harvey comic character, Hot Stuff the Little Devil, who debuted in 1957. This most recent jackpot celebration comes a mere 4 days after a lucky player won a nearly $1 million jackpot at the new RiverStar Casino in Terral, OK.

Jackpot Lockdown™ was one of the first WAP links developed exclusively for Class II markets, going live in March 2017 at four casinos. Now, with the launch of Willie Nelson-themed games, Everi expands its WAP offerings to also serve Class III tribal gaming operators and is currently live in 30 casinos across 10 states.

“Our wide-area progressive link continues to deliver value for our customers by bringing exciting gaming entertainment with the chance for significant jackpot awards,” said Dean Ehrlich, Executive Vice President and Games Business Leader for Everi. “With multiple jackpots already awarded, our WAP games are growing in popularity with players. With the recent debut of games based on the iconic career of Willie Nelson, we are further raising the bar on player-appealing content available for our WAP link and extending the excitement of this WAP offering to our Class III tribal customers. With these new game introductions and the expected level of WAP placements in the coming months, we are demonstrating further progress on our key strategic initiative of growing our premium games installed base.”

Willie Nelson’s Shotgun Willie and Willie Nelson’s Whiskey River TM and ©WN Family Partnership, LTD. Used under license. All rights reserved. 

Hot Stuff the Little Devil © 2018 Classic Media, LLC. All Rights Reserved.

Aristocrat Exhibiting in Booth #50

LAS VEGAS (March 27, 2018) – Aristocrat’s products are popular with casino operators and their players in Colombia and across Latin America, and now Aristocrat is bringing player-favorite links and cabinets to FADJA 2018.

Aristocrat will be located in booth #50 at the tradeshow and will exhibit several links and games on its ArcTM Single and Helix+TM cabinets.

Leading the way is Aristocrat’s new Mighty LinkTM, a multi-licensed progressive link that combines the proven and popular Mighty CashTM feature with leading Aristocrat licensed brands: the hilarious TedTM, the dashingly daring ZorroTM, the high-flying Pan AmTM and the seductive Elvira: Mistress of the DarkTM.
Each game is on the Arc Single cabinet and contains the Mighty Cash Hold & SpinTM bonus feature, where players can win credits, jackpots, extra spins and a wheel bonus.

Mighty Cash LinkTM is on the Helix+ and features exciting proprietary themes with a distinctive Asian flair, including Dragon FliesTM, Tiger RoarsTM, Red Blade NuxiaTM, and Green Blade NuxiaTM.

Next is Aristocrat’s Gold StacksTM link on the Helix+ cabinet. Gold Stacks games feature a unique wagering configuration that offers players an innovative Gold Reel “Buy-Up” mechanic. Gold Stacks games also offer entertaining Asian themes with titles such as Golden PrincessTM, Golden ProsperityTM, Prosperity PrincessTM, and Prosperity CatsTM.

Aristocrat’s E*SeriesTM line of entertainment-style games offer thrilling game play, enchanting music, and multiple chances for big wins, and on the Helix+ cabinet at FADJA is the Xtra Xtra Bonus Wilds line, with the fun and entertaining titles Choy Coin DoaTM, 5 Dragons RapidTM, Xtra Xtra Bonus Wild Fiesta CoinsTM, and Fu Fu FuTM.

Aristocrat’s popular BuffaloTM and 5 DragonsTM games are back in all-new versions for the Arc Single cabinet. Buffalo GoldTM and 5 Dragons GoldTM, each with an exciting Gold Bonus feature.

Visit Aristocrat in booth #50 at FADJA and online at www.aristocrat-us.com, and join Aristocrat on Facebook, LinkedIn, and Twitter.

LONDON, U.K. – March 26, 2018 – International Game Technology PLC (“IGT”) (NYSE:IGT) today announced that the Company will present a diverse portfolio of market-attuned solutions at Feria Americana de Juegos de Azar (“FADJA”) 2018, April 5-6, in Bogotà Colombia. The localized game content and cutting-edge cabinets within IGT’s FADJA stand #26 will illustrate IGT’s commitment to positioning its customers throughout Latin America for growth.

“FADJA 2018 presents an important opportunity for IGT to showcase the Company’s progress on the promises that we have made to our customers over the last year. It also marks the important Latin America market introduction of the USwitch multi-game solution,” said Walter Bugno, IGT CEO International. “At FADJA, IGT will emphasize products such as USwitch game bundles, the CrystalCurve cabinet and content, and exciting multi-level progressive themes that are designed to maximize our customers’ growth opportunities in the region.”

Product highlights within IGT’s FADJA stand will include:

·         New Multi-Game Suites: The Company will highlight its new USwitch™ multi-game solution on the CrystalDual^® cabinet. The unique game bundles feature a user-friendly game selector that groups like games, making it easier for players to find games that suit their individual preferences. IGT will also demonstrate new diversity HD content on the AXXIS^® 23/23 cabinet. IGT’s diversity HD suites include unique combinations of 12 new and heritage player-favorite IGT titles. Coupling diversity HD suites with the Money Strike bolt-on progressive gives players access to potential progressive jackpots on a vast library of games.

·         CrystalCurve™ Cabinet and Content: Featuring a 43-inch, curved, ultra-HD 4K display, the CrystalCurve cabinet is backed by diverse core and premium game content. At FADJA, IGT will demonstrate a variety of core titles designed exclusively for the CrystalCurve cabinet such as the Wild Fury Jackpots™, Dreams of Egypt™, All In™, and Ocean Magic Grand™ games. 

·         Internationally Relevant Multi-Level Progressives: IGT will showcase its 11-level progressive, Cash Climb™ video slots, on the CrystalSlant™ gaming machine with market-ready base games Heavenly Treasures™ and Greek Glory™. Cash Climb slot players qualify for one or more of the game’s variable progressives with any bet level; making the title appealing to a wide player base.

·         Player-Tested Core Video: The Company will showcase its commitment to core with content specifically designed for players in Latin America. IGT will feature more than 30 titles that are compatible with the CrystalDual and CrystalSlant cabinets such as the SCARAB™, Mistress of Egypt™, DRAGONSPHERE™, and the It’s Magic™ games.

·         Skill-Based Games: FADJA attendees can experience IGT’s Video Reel Edge™ (VRE) skill-based games Cleopatra^® Pinball and Texas Tea^® Pinball^® games in IGT’s stand. These themes offer players the opportunity to enjoy a traditional video slot with an optional skill-based bonus.

LAS VEGAS, March 21, 2018 (GLOBE NEWSWIRE) -- Furthering its commitment to bring new and engaging content to casino players at an accelerated rate, Everi Holdings Inc. (NYSE:EVRI) (“Everi” or the “Company”), the casino gaming industry’s single source provider of gaming products and payments solutions announced today that is has partnered with bZillions, Inc., a leading independent game design studio based in Las Vegas, for the development of new gaming content.  The new partnership, focused on creating games for Everi’s mForce^® platform, calls for the bZillions game development team to develop content for at least 10 new games for several of the Company’s newest gaming cabinets – including the Empire MPX™ (“E43”) and the Empire 5527™ (“E5527”) – over the next twelve months. 

bZillions is led by Steve Weiss, an industry veteran with more than 30 years of casino game development and manufacturing experience, including as co-founder and CEO of game design company Colossal Gaming, Inc. which developed a number of player-popular games throughout the years.  bZillions’ team of game developers has extensive expertise in developing games for both Class III and Class II markets with its latest success developing a significant large-format gaming device.     

Dean Ehrlich, Executive Vice President and Gaming Business Leader for Everi, said, “This  partnership with Steve and the design team at bZillions expands our ability to bring additional exciting new content that delight players, to casinos across North America.  bZillions has a track record of creating product that drives increased performance on all sorts of different platforms.  We’re excited to work closely with them as they leverage our next generation hardware platforms including our recently introduced E43. bZillions will also utilize the mechanical reel, large format The Texan HDX^® cabinet, and our soon to be released E5527 cabinet to bring unique new gaming content to our customers and their players.”

Steve Weiss, founder and Chief Executive Officer of bZillions, added, “Partnering with Everi to develop new game content exclusive for their advanced platform and exciting new gaming cabinets is an excellent opportunity for bZillions to demonstrate our expertise in creating innovative new gaming entertainment experiences to market.  We are excited for the opportunity to create content that utilizes the capabilities of Everi’s innovative new and existing gaming cabinets to bring new levels of excitement and engagement to players.”

Casino patrons can now compete in virtual reality tournaments in IGT’s “Virtual Zone”

LONDON and LAS VEGAS – March 20, 2018 – International Game Technology PLC (“IGT”) (NYSE: IGT) and Boyd Gaming (NYSE: BYD) announced today the deployment of IGT’s “Virtual Zone” platform at The Orleans Hotel and Casino in Las Vegas, Nev. This deployment marks IGT’s first virtual reality (“VR”) installation in a casino environment, and Boyd Gaming’s first VR entertainment offering.

IGT’s Virtual Zone is a competition arena designed specifically for casino floors that enables patrons to compete against each other for Slot Dollars in spirited VR tournaments, and enjoy competitive VR games in a physical installation. The first two games to launch in the Virtual Zone are tournament-compatible archery titles SiegeVR™ and ArcheryVR™.

“Boyd Gaming is excited to offer our customers the opportunity to compete for Slot Dollars in IGT’s Virtual Zone,” said Matt Ryan, Boyd Gaming Senior Vice President and Chief Marketing Officer. “Adding a Virtual Reality experience to The Orleans’ casino floor is a positive step toward enhancing our entertainment offerings with new, interactive content that can reward B Connected members and engage an expanded demographic of players.”

“IGT is pleased to bring our Virtual Zone VR solution to market with our valued customers at Boyd Gaming,” said Nick Khin, IGT Chief Commercial Officer, Gaming. “The Virtual Zone melds exceptional content with industry-leading hardware and proven tournament technology, to create a unique experience that Boyd Gaming can leverage to help differentiate its casino floors and drive incremental play.”

Members of Boyd Gaming’s B Connected loyalty club program can buy-into The Orleans’ daily VR tournaments for a flat fee. Two-person teams can compete in Siege VR tournaments, individuals can compete in Archery VR tournaments, or players can individually practice their Archery VR skills for a reduced fee.

For more information on Boyd Gaming’s B Connected program visit BConnectedOnline.com. For more information on IGT’s Virtual Zone, visit IGT.com.

AGS ANNOUNCES FOURTH QUARTER AND FULL YEAR RESULTS

•           Fourth Quarter Revenue of $57.7 Million Grew 35% Year-Over-Year

•           Record Annual Revenue of $212.0 Million Grew 27% Year-Over-Year

•           Record Annual Adjusted EBITDA of $106.8 Million Grew 25% Year-Over-Year

•           Annual Net Loss of $45.1 Million Improved 45% Year-Over-Year

LAS VEGAS, March 14, 2018 – PlayAGS, Inc. (NYSE: AGS) (“AGS”, "us", "we" or the “Company”) today reported operating results for its fourth quarter 2017 and fiscal year ended December 31, 2017.

"Record revenue of $57.7 million in the fourth quarter punctuated a transformative year for AGS. With 27% growth on the top line, 10% recurring revenue growth, and 25% growth in Adjusted EBITDA in fiscal 2017, our results reflected AGS’s continued dedication to best-in-class execution against its growth initiatives to penetrate new jurisdictions and launch high-performing, in-demand products into the market,” said David Lopez, President and CEO of AGS. “Entering the new fiscal year, we believe we are well positioned for meaningful growth as we benefit from continued momentum of our Orion Portrait and Icon cabinets, entry into new domestic and international jurisdictions, and promising new product launches like the Orion Slant, STAX table progressive system, and the Dex S card shuffler.”

Summary of the quarter and year ended December 31, 2017 and 2016

(In thousands, except per-share and unit data)

⁽¹⁾ Adjusted EBITDA is a non-GAAP measure, see non-GAAP reconciliation below. 

Fourth Quarter Financial Highlights

•         Total revenue increased 35% to $57.7 million driven by continued growth of our EGMs in the Class III marketplace.

•         At $45.2 million, total recurring revenue grew approximately 20% quarter-over-quarter, primarily attributable to yield optimization efforts and the popularity of our new premium cabinet, Orion Portrait.

•         EGM equipment sales increased 151% to $12.4 million due to the sale of 697 units.

•         Total adjusted EBITDA margin decreased to 46% in the fourth quarter 2017 compared to 52% due to sales mix and the timing of G2E, which took place in the fourth quarter 2017 and in the third quarter for 2016.

•         SG&A increased $4.2 million in the fourth quarter of 2017 due to the timing of the annual Global Gaming Expo ("G2E") trade show as well as well as increased costs due to higher headcount.

•         R&D increased $3.0 million in the fourth quarter of 2017 driven by increased headcount costs and the development of our new Orion Portrait and Orion Slant cabinets as well as our newly established game development studio in Sydney, Australia.

•         At $26.4 million, adjusted EBITDA increased 20% driven by increases in revenue, and offset by increased adjusted operating expenses of $4.8 million primarily due to increased headcount.

•         Net loss significantly improved to $8.5 million from $20.2 million.

Full Year Financial Highlights

•         Total revenue increased 27% to $212.0 million due to the continued growth of our EGM segment driven by the introduction of new products and our continued expansion into the Class III marketplace. 

•         At $170.3 million, total recurring revenue grew approximately 10%, primarily attributable to yield optimization efforts and the popularity of our new premium cabinet, Orion Portrait.

•         EGM equipment sales increased 250% to $41.6 million driven by an increase of 2,100 sold EGMs for a total of 2,565.

•         Total adjusted EBITDA margin was 50% for 2017 compared to 51%, which is attributable primarily to the large increase in EGM equipment sales revenue.

•         SG&A decreased $2.1 million in 2017 primarily due to decreased user acquisition fees from our Interactive segment in efforts to optimize marketing spend.

•         R&D increased $4.4 million in 2017 driven by increased headcount costs and the development of our new Orion Portrait and Orion Slant cabinets as well as our newly established game development studio in Sydney, Australia.

•         At $106.8 million, adjusted EBITDA increased 25% driven by the increases in revenue described above, and offset by increased adjusted operating expenses of $4.1 million primarily due to increased headcount.

•         Net loss significantly improved to $45.1 million from $81.4 million.

Full Year Business Highlights

•         EGM average selling price increased nearly 10% to $16,329.

•         Domestic EGM revenue per day increased $1.03 to $25.77 driven by our yield optimization efforts as well as the introduction of our new, high performing products.

•         Nearly $4.4 million of 2017’s recurring revenue came from our yield optimization efforts.  As of year end, we have optimized nearly 2,300 units, of which 70% were optimized in 2017.

•         Table Products increased 900 units, or 60%, to 2,400 units driven by both organic growth and the purchase of In Bet assets.

•         Our ICON cabinet footprint grew nearly 300% to over 4,700 total units in the field.

•         Introduced to the market in Q1 of 2017, our Orion Portrait cabinet ended the year with over 1,900 total units in the field.

Balance Sheet Review

Capital expenditures increased $16.8 million to $57.5 million in 2017, compared to $40.7 million.  The increase was driven primarily by the purchase of property and equipment of $15.7 million and software development costs of $1.1 million to fuel growth initiatives. As of December 31, 2017, AGS had $19.2 million in cash and cash equivalents compared to $18.0 million at December 31, 2016.  Total net debt as of December 31, 2017, was approximately $649 million.  As a result of the IPO, the exercise in full of the underwriters’ overallotment option and the settlement of our HoldCo PIK notes subsequent to year end, our pro forma total net debt decreased by $171 million to $478 million.

Recent Developments

Initial Public Offering

On January 26, 2018, we completed the initial public offering of our common stock, in which it issued and sold 10,250,000 shares of common stock at a public offering price of $16.00 per share.  We received net proceeds of $149.1 million from the initial public offering, after deducting underwriting discounts and commissions and offering expenses payable.

On February 27, 2018 we sold an additional 1,537,500 shares of common stock at a public offering price of $16.00 per share pursuant to the underwriters’ exercise in full of the over-allotment option and we received net proceeds of $23.0 million from the exercise of the over-allotment option, after deducting underwriting discounts and commissions.

Repayment of Senior Secured PIK Notes   

On January 30, 2018, we used the net proceeds of the initial public offering and cash on hand to redeem in full the 11.25% senior secured PIK notes due 2024 (the “Notes”). On the redemption date, the aggregate principal amount of the Notes outstanding was $152.6 million and the amount of accrued and unpaid interest was $1.4 million. In connection with the redemption, we repaid all of the outstanding obligations in respect of principal, interest and fees under the Notes.

Term Loan Repricing

On February 7, 2018 we completed the repricing of our existing $513 million term loans under our First Lien Credit Agreement (the "Term Loans"). The Term Loans were repriced from 550 basis points to 425 basis points over LIBOR. The LIBOR floor remains at 100 basis points. As a result of the repricing, we expect to realize annual cash interest savings of approximately $6.4 million.

2018 Outlook

We expect to generate total adjusted EBITDA of $124 - $130 million in 2018, representing growth of approximately 16%-22% compared to the prior year period.

AGS expects 2018 capital expenditures to be in the range of $55 - $60 million, compared to $57.5 million in 2017, reflecting an expectation for a continued increase in our installed base in both existing and new markets as well as our ongoing yield optimization initiative.

Comparison of Fiscal 2018 Guidance to Fiscal 2017 and Fiscal 2016 Results

⁽¹⁾A reconciliation of this measure to net income, which is its most comparable GAAP measure, can be found on page 8 of this press release.

Conference Call and Webcast

Today, at 4:00 p.m. EST, management will host a conference call to present the fourth quarter 2017 results. Listeners may access a live webcast of the conference call along with accompanying slides at AGS' Investor Relations website at http://investors.playags.com/. A replay of the webcast will be available on the website following the live event. To listen by telephone, the US/Canada toll-free dial-in number is +1 (866) 777-2509 and the dial-in number for participants outside the US/Canada is +1 (412) 317-5413. The conference ID/confirmation code is AGS Q4 Earnings Call.

Company Overview

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 solutions for players and operators, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more about us at www.playags.com.

Forward-looking Statements

This release contains “forward-looking statements.” Forward-looking statements include any statements that address future results or occurrences. In some cases you can identify forward-looking statements by terminology such as “may,” “might,” “will,” “would,” “should,” “could” or the negatives thereof. Generally, the words “anticipate,” “believe,” “continue,” “expect,” “intend,” “estimate,” “project,” “plan” and similar expressions identify forward-looking statements. In particular, statements about our expectations, beliefs, plans, objectives, assumptions or future events or performance contained in this Annual Report on Form 10-K in Item 1. “Business,” Item 1A. “Risk Factors” and Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” are forward-looking statements. These forward-looking statements include statements that are not historical facts, including statements concerning our possible or assumed future actions and business strategies.

PLAYAGS, INC.

CONSOLIDATED BALANCE SHEETS

(amounts in thousands, except share and per share data)

	December 31, 2017
	2017				2016
Assets
Current assets
Cash and cash equivalents	$	19,242			$	17,977
Restricted cash	100				100
Accounts receivable, net of allowance of $1,462 and $1,972 respectively	32,776				24,035
Inventories	24,455				10,729
Prepaid expenses	2,675				2,609
Deposits and other	3,460				3,052
Total current assets	82,708				58,502
Property and equipment, net	77,982				67,926
Goodwill	278,337				251,024
Deferred tax asset	1,115				9
Intangible assets	232,287				232,877
Other assets	24,813				23,754
Total assets	$	697,242			$	634,092
Liabilities and Stockholders’ Equity
Current liabilities
Accounts payable	$	11,407			$	8,790
Accrued liabilities	24,954				17,702
Current maturities of long-term debt	7,359				6,537
Total current liabilities	43,720				33,029
Long-term debt	644,158				547,238
Deferred tax liability - noncurrent	1,016				6,957
Other long-term liabilities	36,283				30,440
Total liabilities	725,177				617,664
Commitments and contingencies (Note 14)
Stockholders' equity
Preferred stock at $0.01 par value; 100,000 shares authorized, no shares issued and outstanding	—				—
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