New York-listed gaming supplier AGS has agreed a long-term contract renewal with Oklahoma-based tribal casino operator Chickasaw Nation.

The agreement secures AGS' installed base of approximately 3,200 recurring revenue games across the operator's 22 casinos in Oklahoma.

AGS said that the deal represents a significantly larger installed base of Class II games than it previously had across the Chickasaw Nation's operations.

“We are appreciative of our 14-year relationship with the Chickasaw Nation, this opportunity to renew our business with them, and their confidence in AGS,” said AGS president and CEO David Lopez.

Chickasaw Nation Secretary of Commerce Bill Lance added: “We are pleased to renew our long-standing relationship with AGS and look forward to furthering our partnership.”

Shares in PlayAGS Inc (NYQ:AGS) closed in New York Monday down 3.91 per cent at $25.58 per share.

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