• About Us
  • The Team
  • Advertise with Us

The latest news on the gaming industry in Asia

() () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () () ()
  • Home
  • Macau
  • Philippines
  • Singapore
  • Japan
  • Rest of Asia
  • World
  • Industry Talk
  • Trends & Tech
  • iGaming
  • follow
    • Facebook
    • Twitter
    • RSS Feed
    • LinkedIn

AGEM Index April gain after Covid-19 shock

May 06, 2020 Newsdesk Industry Talk, Latest News, World  


AGEM Index April gain after Covid-19 shock

The AGEM Index increased by 63.52 points in April, to 376.04 points, a 20.3 percent gain from March.

Eleven of the 13 AGEM Index companies reported “significant stock price increases as global markets began to rebound from the shocks due to the Covid-19 pandemic,” said the Association of Gaming Equipment Manufacturers (AGEM), which issues the indicator.

March’s AGEM Index had seen a sequential contraction of 33.4 percent. In April by contrast, “all three major U.S. stock indices increased as the Dow Jones Industrial Average and the S&P 500 experienced monthly gains of 11.1 percent and 12.7 percent, respectively,” stated the trade body. “The Nasdaq also experienced a gain of 15.5 percent,” it added.

Nonetheless AGEM said the index of stock prices for major publicly-listed makers of gaming equipment was 21.1 percent lower in April than a year earlier. The trade body produces the monthly AGEM Index in association with research firm Applied Analysis LLC.

AGEM Index April 2020

Judged month-on-month, the stock price for Australia-listed slot machine maker and online games provider Aristocrat Leisure Ltd increased by 19.4 percent. Judged year-on-year, the group’s stock was down 2.3 percent.

Gaming equipment and lottery services provider International Game Technology Plc (IGT) experienced a 26.7 percent stock price jump sequentially in April. Judged year-on-year, the group’s stock was down 48.5 percent.

Everi Holdings Inc, a U.S.-based specialist in cash handling technology and electronic game content for the casino industry, saw its stock rise 50.0 percent sequentially. Share price was down 51.9 percent year-on-year.

Transact Technologies Inc, a provider of slot machine ticket printers, player management software and food safety management technology, saw its stock up 36.7 percent month-on-month, but slip 54.9 percent from April a year earlier.

Japan-listed Konami Holdings Corp saw its share price up 2.7 percent compared to March, but down 32.7 percent year-on-year.

AGEM represents manufacturers supplying the gaming sector with electronic gaming machines, systems, lotteries and components. The association began compiling data for the index in January 2005 using a base of 100 points. The stocks that constitute the AGEM Index are weighted by approximate market capitalisation.


  • tweet
Related articles
  • Everi to launch on-property mobile gaming offering
    Everi to launch on-property mobile...

    Mar 27, 2023  

  • Macau diversification into non-gaming to remain slow: Fitch
    Macau diversification into non-gaming...

    Mar 24, 2023  

More news
  • Pagcor chairman keynote speech at SiGMA Asia
    Pagcor chairman keynote speech at SiGMA...

    Mar 28, 2023  

  • 3-month eVisa plan to boost Vietnam tourism: report
    3-month eVisa plan to boost Vietnam...

    Mar 28, 2023  


Latest News

Pagcor chairman keynote speech at SiGMA Asia

Pagcor chairman keynote speech at SiGMA Asia

Mar 28, 2023  

Alejandro Tengco (pictured), chairman and chief executive of the Philippine Amusement and Gaming Corp (Pagcor), is to give the keynote speech for the opening of the SiGMA Asia conference for the...
Read More
3-month eVisa plan to boost Vietnam tourism: report

3-month eVisa plan to boost Vietnam tourism: report

Mar 28, 2023  

Kangwon Land slot brand Manila office eyes SE Asia sales

Kangwon Land slot brand Manila office eyes SE Asia sales

Mar 28, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

”The data and evidence on hand all point to the same conclusion: enough is enough. It is time to ban offshore gaming operations in the Philippines, once and for all”

Sherwin Gatchalian

Chairman of the Committee on Ways and Means of the Senate of the Philippines



Most Popular

  • Raffles hotel checks complete at Galaxy Phase 3: MGTORaffles hotel checks complete at Galaxy Phase 3: MGTO March 27, 2023
  • Melco’s Studio City has foreigner-only bet zone: checksMelco’s Studio City has foreigner-only bet zone: checks March 27, 2023
  • Foreigners can use HK-Macau free ticket says tourism bossForeigners can use HK-Macau free ticket says tourism boss March 27, 2023
  • Philippine lawmaker wants POGOs shut within 3 monthsPhilippine lawmaker wants POGOs shut within 3 months March 27, 2023
  • Macau diversification into non-gaming to remain slow: FitchMacau diversification into non-gaming to remain slow: Fitch March 24, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us