Sep 06, 2021 Newsdesk Industry Talk, Latest News  
The AGEM Index, tracking the share prices of casino equipment makers, increased by 87.57 points to an all-time high of 1,012.89 points in August, a 9.5-percent gain from July.
In the last month, nearly all AGEM Index companies reported increases in stock price, with 10 posting positive contributions and two recording a negative contribution to the index. Compared to August 2020, the AGEM Index was up 109.9 percent, more than doubling from 530.38 points.
The AGEM Index’s August 2021 growth was due in large part to a 9.7 percent increase in the stock price of Aristocrat Leisure Ltd. The stock was responsible for a 26.73-point increase in the AGEM Index’s monthly growth.
Other significant index contributors were Konami Corp, which added 21.64 points due to a 14.7 percent rise in stock price, and Scientific Games Corp, which contributed 21.45 points with a 17.2 percent stock price increase.
The major stock indices also performed well over the month as the Nasdaq and the S&P 500 experienced monthly gains of 4.5 percent and 3.2 percent, respectively, while the Dow Jones Industrial Average grew by 1.2 percent.
The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 13 global gaming suppliers throughout the world. A total of nine suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while two trade on the Australian exchange, one on the Tokyo exchange, and another trades on the Taiwan OTC exchange.
The index is computed based on the month-end stock price – adjusted for dividends and splits – of each company and weighted based on approximation of market capitalisation.
The AGEM index and overview is prepared by Applied Analysis, a Nevada-based advisory services firm providing consultation services for public and private entities.
Jun 09, 2023
Jun 08, 2023
Jun 09, 2023
Jun 09, 2023
Jun 09, 2023
None of Macau’s six gaming concessionaires have so far applied for a form of “exemption” from the full 40-percent tax rate on casino gross gaming revenue (GGR), as potentially applicable...Jun 09, 2023
Commercial opportunities for utilisation of...Jun 08, 2023
Gaming content and equipment maker Konami says it is...Jun 07, 2023
Casino gaming content and hardware provider Light &...Jun 06, 2023
Electronic table games (ETGs) supplier Interblock dd is...Jun 05, 2023
Random number generator (RNG) testing tools are among the...Jun 01, 2023
Alfastreet, a manufacturer of electronic gaming machines,...Jun 01, 2023
Casino equipment maker Sega Sammy Creation Inc is tweaking...Jun 01, 2023
The iGaming segment in Asia “has grown rapidly” since...May 31, 2023
Showing slot machine players – via animations on the...May 31, 2023
Macau stocks in likelihood “have been punished too much...May 31, 2023
There are foreign companies still interested in investing...May 31, 2023
Thailand could pass the necessary enabling legislation for...May 30, 2023
China will remain a key market for Asian gaming...May 30, 2023
Alejandro Tengco (pictured in a file photo), chairman and...May 30, 2023
There are “plenty of reasons” for the global gaming...May 30, 2023
Gaming equipment provider International Game Technology Plc...May 30, 2023
The Global Gaming Expo (G2E) Asia 2023 Special Edition:...May 29, 2023
Austria-based gaming equipment maker and operator Novomatic...May 25, 2023
Sports betting and online casino operating platform...May 24, 2023
The business performance in Asia of gaming content and...May 18, 2023
The organisers of Global Gaming Expo (G2E) Asia 2023...May 17, 2023
Gaming content and equipment supplier Light & Wonder...May 16, 2023
Casino equipment maker Sega Sammy Creation Inc is to...May 09, 2023
Casino slot machine and digital gaming content provider...May 05, 2023
The Global Gaming Expo (G2E) Asia event in Singapore is the...May 04, 2023
An adviser to a Thailand parliamentary committee mulling...(Click here for more)
”We believe the intrinsic value of IGT’s market-leading businesses and diversified cash flow profile is not currently reflected in our stock price and the timing is right to assess opportunities that may enhance value for IGT’s shareholders”
Marco Sala
Executive chair of casino equipment supplier IGT