5 Best Small-Cap Casino Stocks Hedge Funds Are Buying

3. PlayAGS, Inc. (NYSE:AGS)

Market Capitalization as of October 4: $251.41 million

Number of Hedge Fund Holders: 22

PlayAGS, Inc. (NYSE:AGS) is a company that creates and provides gaming services and products to the gaming industry, including casinos, both in the United States and globally. The company’s operations are categorized into three segments: Electronic Gaming Machines (EGM), Table Products, and Interactive Games (Interactive). PlayAGS (NYSE:AGS) has seen a strong 35.17% increase in its shares year to date, showcasing a robust performance compared to other small-cap gaming stocks. Several analysts are optimistic about the potential for further upside for this slot machine manufacturer.

22 of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had invested in the company. PlayAGS, Inc. (NYSE:AGS)’s largest hedge fund shareholder is Don Morgan’s Brigade Capital with a $10.65 million investment.