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AGS acquires US regional slot route operator for $49m

18th December 2018 8:34 am GMT

New York-listed gaming supplier PlayAGS has entered into an agreement to acquire Toronto-listed regional slot route operator Integrity Gaming Corp for US$49m.

The definitive agreement will see AGS acquire all issued and outstanding common shares in Integrity, previously known as Poydras Gaming Finance Corp, for a cash payment of CAD$0.46 per share, or a total transaction value of US$49m, which includes repaying $36m of Integrity's outstanding debt.

"The Integrity team has built a strong business, with an [...]

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