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

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.

Don’t Get Stuck With FOMO: Budget for That Dream Vacation

Even if you don't have a five-star budget, travel is a priority for more consumers. Here's how to get the best possible deals.

Julia Fox and Law Roach Team Up For a Sustainable Fashion Show

A new fashion competition show on E! called “OMG Fashun,” challenges contestants to repurpose materials to create unique looks.

The Fed Indicates Rates Will Remain High. What Does That Mean For You?

The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy.

Netflix’s ‘Roast of Tom Brady’ Was Well Done

A busy weekend at Netflix, culminating in the star-studded ‘Roast of Tom Brady,’ suggests the streamer is ready to compete with rivals like Amazon.

Tiny Homes Equal Big Results. Here’s Why You Should Consider Investing In One

For most, buying a home is a far-reaching goal. With high mortgage rates and low inventory, this CEO wants you to consider investing in a tiny home.

From Happy Meals to Footlongs, Get Ready for More Celebrity Food Deals

As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle

We Got Bad News and Good News: Weak Job Market, Better Stock Market

It was a lot harder than expected for the average worker to find a job in the past month. But that slowdown means long-promised rate cuts are coming.

April Jobs Report: Labor Market Cooling To A More Sustainable Pac

Gregory Daco, chief economist at EY breaks down April’s jobs report and what it means for the next few months

Load More