AGS LLC

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AGS LLC - overview

Established

2005

Location

Las Vegas, NV, US

Primary Industry

Travel & Leisure

About

AGS LLC is a U. S. -based company specializing in gaming solutions, offering high-performance slot machines, table games, and interactive gaming content designed to enhance player engagement and experience. Founded in 2005 and headquartered in Las Vegas, US, AGS LLC provides innovative gaming solutions.


The company has undergone significant operational developments over the years, culminating in its recent transition from Public to Private status through a funding round in December 2022, which raised USD 1,100. 00 mn from Brightstar Capital Partners. AGS has completed a total of 7 deals in its financing history. AGS specializes in providing a comprehensive suite of gaming solutions, including high-performance slot machines, table games, and interactive gaming content.


Their slot game offerings deliver an exhilarating experience through innovative mechanics and visually striking elements, enhancing player engagement across various settings. Additionally, AGS develops precision-engineered table games that combine calculated risks with chance, appealing to both casino operators and players seeking authentic gaming experiences. Their interactive solutions integrate digital advancements with entertainment, ensuring that users remain captivated. AGS products are marketed globally, with deployments in key markets such as the United States, Canada, Mexico, Argentina, and various European and Asian countries, catering to a diverse clientele that includes casino operators and gaming establishments.


In the most recent fiscal year of 2024, AGS reported a revenue of USD 394. 87 mn and an EBITDA of USD 153. 44 mn. The company generates revenue primarily through the sale and leasing of gaming equipment and content to casinos and other gaming establishments.


Business transactions typically occur through partnerships and B2B models, where casinos procure AGS's products to enhance their gaming offerings. AGS also engages in revenue-sharing agreements where operators share a percentage of gaming revenue generated from AGS machines, maintaining a steady income stream while providing ongoing support and updates to ensure optimal performance of their gaming solutions. AGS is committed to expanding its product lineup and market presence. The company is currently developing new gaming products set to launch in the coming year, aimed at enhancing player experiences and engagement.


AGS is also targeting expansion into additional markets, particularly in Europe and Asia, by the end of 2025. The recent funding round completed in December 2022 is expected to support these initiatives, enabling AGS to invest in product development and market entry strategies.


Current Investors

Brightstar Capital Partners, Apollo

Primary Industry

Travel & Leisure

Sub Industries

Casinos & Gambling

Website

www.playags.com

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

AGS LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Public to PrivateCompletedAGS LLC-
Private Placement/Follow onCompletedAGS LLC-
Private Placement/Follow onCompletedAGS LLC-
Private Placement/Follow onCompletedAGS LLC-
Private Placement/Follow onCompletedAGS LLC-

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