Three months after suffering through its first-ever quarterly earnings meltdown, gaming equipment provider AGS steered its ship back on course. The Las Vegas-based company said revenues grew 5.1% to $70.4 million in the quarter that ended Sept. 30 and, more importantly, cash flow rebounded from a 2% dip in the second quarter to a 9.6% increase in the third quarter to $36.8 million. AGS CEO David Lopez said Thursday the third quarter featured the sale of nearly 1,400 electronic gaming machines, the single-highest quarterly sale in the company’s history.
News Ticker
- Foghat and Molly Hatchet at the Diamond Center on Jan. 11
- Blessing of Mount Democrat
- Oneida Indian Nation Announces Awards for Turning Stone Evolution Contracts to 26 Upstate New York Businesses
- Chicken Ranch Casino Resort & Vetnos Usher in a New Era of Gaming Entertainment: Playbawk, a Revolutionary Sports-Themed, Class II Mobile App, Launched at the Resort’s Grand Opening
- PÍVAT Cigar Lounge at Agua Caliente Resort Casino Spa Rancho Mirage, Coachella Valley’s Premier Cigar Lounge Launches its First Exclusive Cigar Experience; The Pívat Reserve
- 2025 Tribal Leadership Conference Will Feature a THRP Leader Certification Offered by NNAHRA
- Wind Creek Chicago Southland Confirms Casino Doors Open on Nov. 11
- Sault Tribe Casino Employees and Patrons Can Breathe Easy as Casinos Become Smokefree
- Snoqualmie Casino Announces Exciting Rebranding to Snoqualmie Casino & Hotel Ahead of Major Expansion
- Casino Del Sol Receives Best Overall Casino Nomination in Newsweek Readers’ Choice Awards
Copyright © 2020 — Tribal Gaming and Hospitality Magazine — All Rights Reserved.