American Gaming Systems (AGS) Announces Acquisition of Patented Pay it Again Poker(TM) Game


LAS VEGAS, NV--(Marketwire - February 14, 2011) -  American Gaming Systems (AGS), a leading designer, manufacturer and operator of gaming machines with more than 7,000 units in operation, announced today it has acquired all rights, trademarks and patents for the unique Pay it Again Poker game for exclusive distribution to its customers and installed base of AGS machines.

Called "what could be the next revolution in video poker" by respected Las Vegas publication Gaming Today, Pay it Again Poker was acquired from noted Las Vegas game designer Rocco Tarantino and features a 10-coin max bet and unique bonus payouts for commonly hit video poker hands. "Take the Flush and its normal payout of 25 credits," Tarantino told Gaming Today. "If you're playing 6-10 credits, you have 20 hands to make another flush. If that happens, you win around 305 credits instead of 25. That can make things pretty exciting."

The game has five bonus payouts along with the regular ones typically found in video poker. The bonus payouts are Two Pair, 3 Of A Kind, Straight, Flush, Full House and 4 Of A Kind. As long as you're playing 6-10 credits, when you hit these hands again within the specified number of hands, your payout is much larger than the normal payout for that hand.

"This game has the potential to be a home run and fits in well with our strategy of acquiring unique third-party content to freshen our large existing machine base, boost our efforts in new markets such as Illinois, and develop niche products for participation in Class III markets," said Robert L. Miodunski, Chairman and President and CEO of AGS.

Pay it Again Poker, with a U.S. patent secured and other U.S. and international patents pending, has already been submitted for regulatory approval in Nevada.

"It's actually quite simple," Tarantino said. "I spend a lot of time talking with slot players about what they like and dislike, what they want to see in a game and that helps you know what to build."

With roots in the gaming industry dating back to 1996, AGS' current portfolio of products includes Class III and Class II machines, Class III and Class II server-based gaming and wide-area progressives, most with an emphasis on locals play. Privately held by San Francisco-based Alpine Investors, AGS is a leader in the Class II space, providing video machines to tribal markets, and has offices in Nevada, Illinois, Oklahoma, South Carolina and Canada, with a satellite service presence in a number of other jurisdictions. AGS' current list of market approvals includes Oklahoma, California, Florida, New Mexico, Michigan, Maryland, Washington, Texas, New York, Louisiana and South Dakota and is seeking regulatory approvals and gaming licenses in new jurisdictions every month.

Contact Information:

Media contact:
GTS Communications
(702) 812-6932