May 08, 2018 Newsdesk Industry Talk, Latest News  
The AGEM Index climbed to 531.33 points in April, increasing by 26.18 points, or 5.18 percent, compared to March. The index posted an increase after contracting for two straight months.
Compared to the same month a year ago, the AGEM Index reported an increase of 43.02 percent. It was the 31st consecutive month of growth in year-on-year terms, said the Association of Gaming Equipment Manufacturers (AGEM).
AGEM produces the monthly index in association with research firm Applied Analysis LLC.
In April, six of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price.
U.S.-based Scientific Games Corp made a positive contribution of 18.38 points after reporting a share price increase of 28.13 percent in April. Australia-based slot machine maker Aristocrat Leisure Ltd reported an 11.47 percent increase in stock price in April, contributing 16.22 points to the overall index. International Game Technology Plc contributed 4.48 points to the overall index, with its stock price up by 5.76 percent last month.
Of the manufacturers reporting decreases in stock price, payments technology specialist Crane Co contributed with a negative 6.62 points to the overall index, with its stock price down 9.81 percent. Japan’s Konami Corp saw its stock price fall 3.76 percent in April, contributing with a negative 5.80 points.
The AGEM 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. It is based on a 100-point value recorded as of January 2005.
Nov 28, 2023
Nov 15, 2023
Nov 28, 2023
Nov 28, 2023
Nov 28, 2023
American singer-songwriter Bruno Mars is to make a one-night-only concert appearance on the roof terrace of the MGM Cotai casino resort on January 6, said the venue promoter MGM China Holdings Ltd in...
(Click here for more)
”There’s been a 20 percent or 30 percent increase in our testing staff to handle globally the amount of extra work that we’ve got, and the Philippines and Macau have definitely contributed to that overall growth”
Ian Hughes
Chief commercial officer of testing and certification firm GLI