Paradigm
Paradigm
Joined: Feb 24, 2011
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August 26th, 2016 at 12:14:02 PM permalink
Quote: SM777

I think it will take them another year or two more to throw in the towel unless something changes. As noted, the amounts paid for double ball roulette, Buster BJ, and others without profiting on them will doom them in the long run. How long can they allow the tables to hemorrhage money?


Of the purchases...Buster BJ appears to have been the best as the were able to significantly grow table count, don't know the ROI numbers there but they have to be better than the aforementioned Double Ball Roulette and these others:

1) War BJ
2) High Card Flush stub equity purchase cost + litigation cost and then end up with zero ownership of HCF at settlement. I guess the rich guy doesn't always win in court.

Bonus Spin BJ is a mystery to me as I just can't believe that players will continue to make a side bet that only provides any "juice" when they hit a BJ every 21+ hands (I don't consider getting even money on an Ace to be an exciting outcome to a side bet). But I do see the Count Kustom and Non-Branded installs in more places than I would have thought, so what do I know?

LaDuca's portfolio has some installs for them: In Bet, Criss Cross, & Double Draw (I think Ron is a smart developer), but those games can't float the rest of the boat that Buster and Bonus Spin aren't holding up.

I think AGS has a lot riding on the success of Chase The Flush...it is there best attempt yet at creating a premium game that can move the needle.

I don't consider AGS' game library a toss up compared to Galaxy's...AGS' library is a clear #3 or maybe #4 to DEQ's table game success with EZ Bacc/EZ PGP.
Zcore13
Zcore13
Joined: Nov 30, 2009
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August 26th, 2016 at 12:14:53 PM permalink
Quote: SM777

I think it will take them another year or two more to throw in the towel unless something changes. As noted, the amounts paid for double ball roulette, Buster BJ, and others without profiting on them will doom them in the long run. How long can they allow the tables to hemorrhage money?



There's no doubt a new company to the market has to spend money. They just did a good amount of it frivolously.

6 figures for War Blackjack and that's not including marketing materials, hundreds of thousands in the theft of High Card Flush litigation, plus I'm sure turning over income from it, a collection of mostly un-leasable games plus the salaries for an over-staffed company when they were just starting out.

But, they've got VERY deep pockets from the slot side, so who knows how long they can hang on...


ZCore13
I am an employee of a Casino. Former Table Games Director,, current Pit Supervisor. All the personal opinions I post are my own and do not represent the opinions of the Casino or Tribe that I work for.
RoyalBJ
RoyalBJ
Joined: Jul 18, 2011
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August 26th, 2016 at 12:50:56 PM permalink
AGS has no authorized capital to acquire games that are not already generating revenues or generating only little revenue. Meanwhile, games generating revenue are expensive to buy. MBA course 101, go figure.
MathExtremist
MathExtremist
Joined: Aug 31, 2010
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August 26th, 2016 at 3:53:26 PM permalink
Quote: RoyalBJ

AGS has no authorized capital to acquire games that are not already generating revenues or generating only little revenue. Meanwhile, games generating revenue are expensive to buy. MBA course 101, go figure.

For what it's worth, that's also true regarding electronic games or other content. They're not interested in assuming the risk of innovation, they're interested in marketing proven products. Nothing wrong with that, it's just a business choice. One that, frankly, most big companies are making. You'll need to leave it to the small hungry ones to innovate. It's the "Innovator's Dilemma" in a nutshell.
"In my own case, when it seemed to me after a long illness that death was close at hand, I found no little solace in playing constantly at dice." -- Girolamo Cardano, 1563
SM777
SM777
Joined: Apr 8, 2016
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August 29th, 2016 at 5:50:49 PM permalink
Quote: Zcore13



And I doubt very seriously anything will look different by the end of 2016.


ZCore13



I think you can chop a little bit of time off this estimate.
SM777
SM777
Joined: Apr 8, 2016
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August 29th, 2016 at 5:53:21 PM permalink
Quote: RoyalBJ

AGS has no authorized capital to acquire games that are not already generating revenues or generating only little revenue. Meanwhile, games generating revenue are expensive to buy. MBA course 101, go figure.



AGS is looking for a Director Of Table Games. They're still trucking foward!
Paigowdan
Paigowdan
Joined: Apr 28, 2010
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August 29th, 2016 at 5:54:53 PM permalink
SM777, - they have John Hemberger and Ofir V, neither a slouch.......
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
SM777
SM777
Joined: Apr 8, 2016
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August 29th, 2016 at 5:56:44 PM permalink
Quote: Paigowdan

SM777, - they have John Hemberger and Ofir V, neither a slouch.......



I know. Was just commenting on their newly posted position. Looking for someone under John.
Paigowdan
Paigowdan
Joined: Apr 28, 2010
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August 29th, 2016 at 6:00:40 PM permalink
What about you, Sir?
You are quite knowledgeable on gaming, and are probably a natural on this, in the sense that a knowledgeable amateur is often the best and freshest professional when called upon.

From what I've seen of you, Sir, - you actually might be a good fir for them. Or Paradigm or ME - also here at this forum.
Beware of all enterprises that require new clothes - Henry David Thoreau. Like Dealers' uniforms - Dan.
SM777
SM777
Joined: Apr 8, 2016
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August 29th, 2016 at 6:08:55 PM permalink
Quote: Paigowdan

What about you, Sir?
You are quite knowledgeable on gaming, and are probably a natural on this, in the sense that a knowledgeable amateur is often the best and freshest professional when called upon.

From what I've seen of you, Sir, - you actually might be a good fir for them. Or Paradigm or ME - also here at this forum.



I appreciate that, but I don't think it's a fit for me. Not really convinced their strategy on tables is a good one.

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