CompBrief BY VELARION

Companies PlayAGS

PlayAGS (AGS): executive pay, fiscal 2023

Free brief. Every figure links to the company’s own filing.

PlayAGS no longer files a proxy statement; its last pay data is FY2023.

All products and prices

CEO total pay$5,620,645CEO David Lopez · source
Say-on-pay support33.19%Latest vote · source
CEO vs. named peers67th pct.Of 26 peer CEOs

CEO pay, last three years

  • $1,426,830FY2022
  • $5,620,645FY2023

CEO total pay was $5,620,645 in fiscal 2023, up from $1,426,830 in fiscal 2022.

FY2023: salary $728,269 · bonus $0 · stock awards $4,081,597 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at PlayAGS in fiscal 2023?
As disclosed, David Lopez (Chief Executive Officer, President and Director) was the highest-paid executive at PlayAGS in fiscal 2023, with total compensation of $5,620,645.
How does PlayAGS's chief executive pay compare to its disclosed peer group?
As disclosed, David Lopez's total compensation ranked at the 67th percentile of PlayAGS's disclosed peer group.
How did shareholders vote on PlayAGS's executive compensation?
As disclosed, 33.19% of shareholders supported PlayAGS's executive compensation in the latest say-on-pay vote.
How much does PlayAGS spend in total on board compensation for fiscal 2023?
As disclosed, PlayAGS reported total board compensation of $812,500 for fiscal 2023.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
David Lopez$728,269$0$4,081,597$0$793,800$0$16,979$5,620,645
Chief Executive Officer, President and Director
Kimo Akiona363,55802,250,8990399,600014,8533,028,910
Chief Financial Officer and Treasurer
Rob Ziems334,423150,000739,9990299,700011,1311,535,253
Chief Legal Officer and Secretary

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY2022→2023
David Lopez$5,620,645$1,426,830—↑ +4,193,815
Kimo Akiona3,028,910606,753—↑ +2,422,157
Rob Ziems1,535,253———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's goal for its executive compensation program is to utilize a pay-for-performance framework that directly ties pay delivery to achievement of the Company's financial and strategic objectives and the creation of long-term shareholder value. The program is primarily performance-based, consisting of both short-term incentives (annual cash bonuses) and long-term incentives (equity awards), designed to align executive interests with stockholders and provide meaningful at-risk compensation.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)—
Independent consultantFrederic W. Cook & Co., Inc.
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kimo AkionaOTHER—————$2,250,899
David LopezOTHER—————4,081,597
Rob ZiemsOTHER—————739,999

Vehicle mix — grant-date fair value by award type

Grant-level vehicle detail not disclosed.

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Rob ZiemsRSU113,323—$955,313
Kimo AkionaRSU307,727—2,594,139
Kimo AkionaRSU435,356—3,670,051
David LopezRSU551,269—4,647,198
David LopezRSU825,072—6,955,357
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Adam ChibibIndependent · Board Chair · Lead Independent Director · Audit Committee (Chair) · Compensation Committee$100,000$112,500———$212,500
Anna MassionIndependent · Audit Committee · Nominating and Governance Committee (Chair)75,00075,000———150,000
David FarahiIndependent · Audit Committee · Compensation Committee · Nominating and Governance Committee75,00075,000———150,000
Yvette LandauIndependent · Audit Committee · Compensation Committee · Nominating and Governance Committee75,00075,000———150,000
Geoff FreemanIndependent · Audit Committee · Compensation Committee (Chair) · Nominating and Governance Committee75,00075,000———150,000
David LopezEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$75,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 25,000
Stock ownership guideline—

Total cost of the board

ComponentFY2023
Cash retainers and fees$400,000
Equity awards (grant-date value)$412,500
All other compensation$0
Total cost of the board$812,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names PlayAGS as a peer

Companies that benchmark against AGS

3 companies name AGS as a compensation peer

Each company listed discloses AGS in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named AGS in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2023

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies PlayAGS names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Churchill Downs Incorporated2025William Carstanjen$1,800,000$11,443,380$0$5,763,331$19,172,839
2Red Rock Resorts, Inc.2025Frank Fertitta1,000,0004,856,8144,856,797013,349,153
3Bally's Corporation2025Robeson Reeves1,138,501590,0125,003,46008,658,602
4Rush Street Interactive2025Richard Schwartz653,8004,135,6851,089,6681,053,6506,946,803
5PlayAGS2023David Lopez728,2694,081,5970793,8005,620,645
6Golden Entertainment, Inc.2024Blake Sartini1,050,0004,025,075005,404,137
7Monarch Casino & Resort, Inc.2025John Farahi750,00002,629,08103,610,936
8Accel Entertainment, Inc.2025Andrew Rubenstein948,1251,760,6800828,5003,571,551
9Everi Holdings, Inc.2024Randy Taylor730,0002,399,880003,160,492
10Inspired Entertainment, Inc.2025Brooks Pierce650,0001,240,1370770,9522,759,378
11Full House Resorts, Inc.2025Daniel Lee654,936350,000349,97101,702,637
12Century Casinos, Inc.2025Peter Hoetzinger684,071145,0300277,8811,197,668
13Daktronics, Inc.2026Ramesh Jayaraman188,462544,3750128,3311,098,324
14GAN Limited2024Seamus McGill501,800000501,800
—Bragg Gaming——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
PlayAGS108%RSU 50 · PRSU 50NoFrederic W. Cook & Co., Inc.
Accel Entertainment, Inc.not disclosednot disclosedNoAon
Bally's Corporationnot disclosednot disclosedNonot disclosed
Bragg Gamingnot disclosednot disclosednot disclosednot disclosed
Century Casinos, Inc.51.9%PSU 100Yesnot disclosed
Churchill Downs Incorporated128.0%PSU 50 · RSU 50NoFrederic W. Cook & Co., Inc.
Daktronics, Inc.102%RSU 75 · PSU 25NoKorn Ferry
Everi Holdings, Inc.not disclosedRSU 50 · PSU 50Yes — Total Stockholder Return (TSR) relative to the Russell 3000 indexMercer
Full House Resorts, Inc.40%PSU 50 · Options 50NoAETHOS
GAN Limitednot disclosednot disclosednot disclosednot disclosed
Golden Entertainment, Inc.0%%RSU 50 · PSU 50NoAon
Inspired Entertainment, Inc.not disclosedRSU 50 · PSU 50NoFrederic W. Cook & Co., Inc.
Monarch Casino & Resort, Inc.150%Options 100not disclosednot disclosed
Red Rock Resorts, Inc.100%Options 50 · RSU 50not disclosedPay Governance
Rush Street Interactive144.8%PSU 50 · RSU 30 · Option 20Yes — Relative TSRnot disclosed

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20242024-06-219,343,65618,811,246110,07133.19%Failed
20232023-07-078,179,84314,245,05919,81436.44%Failed
20222022-07-0125,725,8694,874,48015,11484.03%Passed
20212021-07-0123,130,8444,351,69321,31484.1%Passed
20202020-07-0126,771,198828,45141,83396.85%Passed
20192019-09-1024,634,5774,895,392149,45483%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20242024-06-2133.19%a
20232023-07-0736.44%b
20222022-07-0184.03%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “However, abstentions will have the effect of votes "against" (i) the proposal to approve, on an advisory basis, the compensation of the Company's NEOs (Proposal 2), and (ii) the proposal to ratify the appointment of PwC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 (Proposal 3).”.

c. Approved under the standard stated in the filing — “However, abstentions will have the effect of votes "against" (i) the proposal to approve, on an advisory basis, the compensation of the Company's NEOs (Proposal 2), (ii) the proposal to approve the amendment to the Omnibus Incentive Plan (Proposal 3), and (iii) the proposal to ratify the appointment of PwC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2022 (Proposal 4).”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (34 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, David Lopez. DEF 14A, filed 2024-04-29. Section “SUMMARY COMPENSATION TABLE” · page 23. As printed: 5,620,645. View filing ↗
  • Section 01, Kimo Akiona. DEF 14A, filed 2024-04-29. Section “SUMMARY COMPENSATION TABLE” · page 23. As printed: 3,028,910. View filing ↗
  • Section 01, Rob Ziems. DEF 14A, filed 2024-04-29. Section “SUMMARY COMPENSATION TABLE” · page 23. As printed: 1,535,253. View filing ↗
  • Section 03, Kimo Akiona OTHER. DEF 14A. Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. View filing ↗
  • Section 03, David Lopez OTHER. DEF 14A. Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. View filing ↗
  • Section 03, Rob Ziems OTHER. DEF 14A. Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. View filing ↗
  • Section 08, Adam Chibib. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 212,500. View filing ↗
  • Section 08, Anna Massion. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 150,000. View filing ↗
  • Section 08, David Farahi. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 150,000. View filing ↗
  • Section 08, Yvette Landau. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 150,000. View filing ↗
  • Section 08, Geoff Freeman. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 150,000. View filing ↗
  • Section 08, David Lopez. DEF 14A, filed 2024-04-29. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-06-26. Item 5.07 · say-on-pay result. As reported: 33.19% (votes for as printed: 9,343,656). View filing ↗
  • Section 06, 2023 vote. Form 8-K, filed 2023-07-12. Item 5.07 · say-on-pay result. As reported: 36.44% (votes for as printed: 8,179,843). View filing ↗
  • Section 06, 2022 vote. Form 8-K, filed 2022-07-05. Item 5.07 · say-on-pay result. As reported: 84.03%. View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 09b board cost (computed). Computed. Cash 400,000 + equity 412,500 + all other 0 = 812,500, summed across the director compensation table rows.
  • Churchill Downs Incorporated, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Churchill Downs Incorporated's own proxy. As printed: 19,172,839. View filing ↗
  • Red Rock Resorts, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Red Rock Resorts, Inc.'s own proxy. As printed: 13,349,153. View filing ↗
  • Bally's Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Bally's Corporation's own proxy. As printed: 8,658,602. View filing ↗
  • Rush Street Interactive, Section 10b CEO total. DEF 14A, filed 2026-04-24. CEO total compensation as printed in Rush Street Interactive's own proxy. As printed: 6,946,803. View filing ↗
  • PlayAGS (subject), Section 10b CEO total. DEF 14A, filed 2024-04-29. CEO total compensation as printed in PlayAGS's own proxy. As printed: 5,620,645. View filing ↗
  • Golden Entertainment, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-09. CEO total compensation as printed in Golden Entertainment, Inc.'s own proxy. As printed: 5,404,137. View filing ↗
  • Monarch Casino & Resort, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Monarch Casino & Resort, Inc.'s own proxy. As printed: 3,610,936. View filing ↗
  • Accel Entertainment, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-19. CEO total compensation as printed in Accel Entertainment, Inc.'s own proxy. As printed: 3,571,551. View filing ↗
  • Everi Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-18. CEO total compensation as printed in Everi Holdings, Inc.'s own proxy. As printed: 3,160,492. View filing ↗
  • Inspired Entertainment, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Inspired Entertainment, Inc.'s own proxy. As printed: 2,759,378. View filing ↗
  • Full House Resorts, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Full House Resorts, Inc.'s own proxy. As printed: 1,702,637. View filing ↗
  • Century Casinos, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Century Casinos, Inc.'s own proxy. As printed: 1,197,668. View filing ↗
  • Daktronics, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-28. CEO total compensation as printed in Daktronics, Inc.'s own proxy. As printed: 1,098,324. View filing ↗
  • GAN Limited, Section 10b CEO total. DEF 14A, filed 2025-05-01. CEO total compensation as printed in GAN Limited's own proxy. As printed: 501,800. View filing ↗
  • Section 10a, Inspired Entertainment, Inc. reciprocity. DEF 14A. Inspired Entertainment, Inc. names PlayAGS in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Accel Entertainment, Inc. reciprocity. DEF 14A. Accel Entertainment, Inc. names PlayAGS in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Everi Holdings, Inc. reciprocity. DEF 14A. Everi Holdings, Inc. names PlayAGS in its own disclosed peer group (read from its most recent proxy). View filing ↗