AGS appointed Daniel Marcus as Vice President of Product Management to enhance strategic alignment across its slot products.
Quiver AI Summary
AGS has appointed Daniel "Dan" Marcus as Vice President of Product Management, effective immediately. He will report to Mark DeDeaux and collaborate with Jackson Floyd to advance strategic objectives within the slot products sector. Marcus will act as a liaison between the R&D and sales teams, overseeing the entire lifecycle of AGS's slot portfolio, including product development and market strategies. With over 20 years of experience in the gaming industry, he has held significant roles at major companies such as IGT and DraftKings. AGS aims to utilize Marcus's proven expertise to enhance their product offerings and drive growth as they expand their market presence.
Potential Positives
- The appointment of Dan Marcus as Vice President of Product Management positions AGS to enhance its product strategy and execution, potentially leading to increased competitiveness in the gaming market.
- The role will involve cross-functional alignment, which may improve collaboration between departments, enhancing AGS' operational efficiency and product readiness for market needs.
- Marcus’ leadership is aimed at accelerating AGS' momentum and expanding its market presence, indicating a proactive approach to scaling the company's portfolio.
Potential Negatives
- Appointment of a new Vice President may indicate previous leadership gaps or struggles within AGS' product management team.
- Depending on the perception of Marcus's previous experience, there might be skepticism regarding AGS’ ability to leverage his expertise effectively in their existing operations.
- Failure to mention specific strategic objectives could raise concerns about the company's direction and clarity on future goals.
FAQ
Who is the newly appointed Vice President of Product Management at AGS?
Daniel “Dan” Marcus has been appointed as the Vice President of Product Management at AGS.
What will Dan Marcus's role involve at AGS?
He will lead the full lifecycle of AGS’ slot portfolio and ensure alignment between R&D and Sales teams.
How many years of experience does Dan Marcus have in the gaming industry?
Dan Marcus has over 20 years of experience in the gaming industry, holding leadership roles at various companies.
What are the key responsibilities of the Vice President of Product Management?
Responsibilities include product strategy, roadmap development, market release planning, and managing the slot product footprint in North America.
What notable companies has Dan Marcus worked for before joining AGS?
He has held leadership roles at IGT, Bally Technologies, DraftKings, and Hard Rock Digital, among others.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$AGS Hedge Fund Activity
We have seen 60 institutional investors add shares of $AGS stock to their portfolio, and 59 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOSTON PARTNERS removed 1,126,656 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $12,990,343
- RUSSELL INVESTMENTS GROUP, LTD. removed 753,073 shares (-80.8%) from their portfolio in Q4 2024, for an estimated $8,682,931
- CITIGROUP INC added 597,579 shares (+2145.8%) to their portfolio in Q4 2024, for an estimated $6,890,085
- ALLIANCEBERNSTEIN L.P. added 407,203 shares (+84.4%) to their portfolio in Q4 2024, for an estimated $4,695,050
- CAPULA MANAGEMENT LTD removed 402,586 shares (-75.7%) from their portfolio in Q4 2024, for an estimated $4,641,816
- ARROWMARK COLORADO HOLDINGS LLC removed 355,908 shares (-14.4%) from their portfolio in Q4 2024, for an estimated $4,103,619
- POLAR ASSET MANAGEMENT PARTNERS INC. added 300,000 shares (+1200.0%) to their portfolio in Q4 2024, for an estimated $3,459,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LAS VEGAS, April 28, 2025 (GLOBE NEWSWIRE) -- AGS (NYSE: AGS), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the appointment of Daniel “Dan” Marcus as Vice President of Product Management. Marcus will report to Mark DeDeaux, Senior Vice President and General Manager of Slots, and work together with Jackson Floyd, Vice President of Slots, to tackle strategic objectives across the slot products business.
In this role, Marcus will serve as a critical bridge between AGS’ R&D and Sales teams, aligning product strategy and execution across departments. He will lead the full lifecycle of AGS’ slot portfolio—from roadmap development and market release planning to product catalog management and sales enablement. He will also oversee cross-functional alignment across engineering, business development, and marketing to support go-to-market readiness. His responsibilities include managing AGS’ slot footprint throughout North America.
“Dan is a strategic product leader with a deep understanding of both the operational and analytical sides of the gaming business,” said DeDeaux. “His ability to connect product vision with market needs makes him the right person to help accelerate our momentum. As we scale our portfolio and expand into new markets, Dan’s leadership will be critical to driving the next phase of AGS’ growth.”
With over 20 years of experience in the gaming industry, Marcus has held leadership roles at IGT, Bally Technologies, DraftKings, Hard Rock Digital, Hard Rock Hotel & Casino and Harrah’s Entertainment. He has consistently led high-impact initiatives across product development, performance analytics, and go-to-market strategy. His past work includes overseeing commercial strategy for IGT’s premium segment and founding Bally’s performance consulting group.
About AGS
AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, and our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners. Learn more at www.playags.com .
AGS Media Contact:
Julia Boguslawski, Chief Marketing Officer
Nikki Davis, Director, Marketing & Communications
[email protected]
AGS Investor Contact:
Brad Boyer, Senior Vice President of Corporate Development & Capital Markets
[email protected]
©2025 AGS LLC. All® notices signify marks registered in the United States. All ™ and ℠ notices signify trademarks, which are not registered on any country-wide basis. Products referenced herein are sold by AGS LLC or other subsidiaries of PlayAGS, Inc.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/01a9eb19-ef48-4a43-bc4d-67c5af424c41
