PlayAGS Rings NYSE Opening Bell to Celebrate IPO

President and CEO of PlayAGS, David Lopez, discusses the company's decision to go public. PlayAGS is a slot machine maker based in Nevada valued at $550 million. PlayAGS is offering more than 10 million shares, priced at $17 per share. Lopez says every 1% of the market PlayAGS picks up equals $90 million in revenue for the company. Lopez says the gaming industry is resistant to a soft economy. He views the recent tax overhaul as a benefit to his company because it allows for more spending on equipment and gives players more money to spend.

More In Business

Has Disney Lost the Magic? What Its Latest Results Mean for the Company

Disney's box office and cable results disappoint, but the the House of Mouse is doubling down when it comes to streaming.

Tesla Would Die a Slow and Painful Death as a Strictly EV Company

Tesla is being investigated for allegedly misleading investors about its self-driving capabilities. And one analyst says the company 'needs' that tech to grow.

A Timeline of the Collapse at FTX

FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.

Taste a Meteorite (Literally!) with Pegasus Distillerie's Shooting Star

Pegasus Distillerie's U.S. launch is accompanied by a brand-new spirit, Shooting Star vodka. Its secret ingredient? A meteorite.

Grab a Mimosa: Brunch Is the Most Important Meal of the Day

One thing inflation-battered consumers aren't willing to give up: breakfast and brunch at their favorite restaurants.

Is a $1,300 iPad the Innovation Apple Needs Right Now?

Apple’s latest event promised to usher in a new era for the company’s iPads, but what’s missing is cohesion as it gets closer to the developers conference.

Debt Got You Down? Here are 12 Ways to Tackle It

While you can't wave a magic wand and make your debt disappear, paying off your credit card obligations can be easier than you think.

How to Spot AI-Generated Deepfake Images

With AI deepfakes cropping up almost every day, it’s getting harder to tell what’s real from what’s not.

College Athletes Are Looking For $$$. What Stands in Their Way?

A settlement being discussed in a lawsuit against the NCAA and major college conferences could cost billions and pave the way for a compensation model.

Bagels, Sharks, & Oprah: Elyse Oleksak's Memoir 'A Shark Ate My Bagel' Schmears the Cream Cheese

From a booming bagel business to a Shark Tank deal to being one of Oprah’s Favorite Things, co-founder of Bantam Bagels dishes in a new memoir.

Load More