PlayAGS stockholders vote in favor of Brightstar acquisition
Once completed, PlayAGS will become a privately held company.
Slot, table and interactive products supplier PlayAGS stockholders recently voted to approve an acquisition deal with affiliates of Brightstar Capital Partners.
The supplier voted on the merger during a recent stockholders’ meeting. AGS said it would post the final voting results with the US Securities and Exchange Commission on a Form 8-K the company plans to file.
AGS went on to explain the terms of the agreement in a statement, “The transaction is expected to close in the second half of 2025 and is subject to customary closing conditions, including the receipt of regulatory approvals.
“Upon completion of the transaction, AGS will become a privately held company and shares of AGS common stock will no longer be listed on any public market.”
AGS recently went live in three states through a partnership with FanDuel. Its games are now available in New Jersey, Michigan and Pennsylvania through the partnership.
AGS recently released a statement on social media, celebrating its collaboration with FanDuel.
The company said, “AGS is excited to partner with top US online casino operator FanDuel Casino to host its chart-topping content library now live in Pennsylvania, Michigan and New Jersey.”
The company recently broadened its US footprint by gaining approval to release its portfolio of electronic gaming machines (EGMs) to casino operators in Colorado and Missouri. Through the release, casino patrons in both states can access a wide variety of AGS titles.
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