SOURCE: American Gaming Systems (AGS)

American Gaming Systems (AGS)

April 23, 2012 18:36 ET

American Gaming Systems Granted Manufacturer's License in Nevada

LAS VEGAS, NV--(Marketwire - Apr 23, 2012) - American Gaming Systems (AGS), a leading designer, manufacturer and operator of gaming machines with more than 7,500 installed gaming machines, announced today that:

  • On Thursday, April 19th, 2012, it was granted a license to manufacture and distribute Gaming Devices in the state of Nevada.
  • On Thursday, April 19th, 2012, it was granted a license to Operate a Slot Machine Route.

"AGS took another major step forward today. Nevada is clearly a state that has tremendous opportunities for AGS and we are extremely excited to introduce our Roadrunner™ platform on the world's biggest stage in the gaming industry," stated Bob Miodunski, AGS' President and CEO. "AGS continues to be one of the fastest growing companies in the gaming manufacturing world and today's granting of a Nevada license is a tremendous accomplishment for our Team."

Upon receiving all the appropriate regulatory approvals, AGS's Gaming Devices will be powered by its revolutionary new Roadrunner platform. With its proprietary 3-D graphics engine that features an accelerated video frame refresh rate, Roadrunner produces crystal-clear graphics and superior game-play features for all players. In addition to introducing dynamic new content in the video game segment, AGS will also launch their thrilling new Top Box feature games. Nevada is known for its significant video poker presence and AGS is thrilled to introduce Pay It Again Poker®, a game destined to appeal to players of all skill levels.

With roots in the gaming industry dating back to 1996, AGS' current portfolio of products includes Class III and Class II machines, Class III and Class II server-based gaming and wide-area progressives. Privately held, AGS is a leading designer and manufacturer of Class II gaming machines for the Native American gaming market with an emerging presence in a broad range of commercial markets in the United States. AGS has sales, service, development or management locations in Nevada, Illinois, Oklahoma and Canada.

To learn more about AGS, please visit us at www.americangamingsystems.com.

Cautionary Language

This press release contains forward-looking statements based on management's current expectations and projections, which are intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. The words "believe," "will," "expect," "continue," "intend," "plan," "seek," "estimate," project," "may," or the negative or other variations thereof or comparable terminology as they relate to AGS and its products, plans, and markets are intended to identify such forward-looking statements. 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' 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, or have its games approved by relevant jurisdictions. All forward-looking statements made herein are qualified 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.

Contact Information

  • Media contact:
    Paul Lofgren
    (702) 722-6700, ext. 1116