• 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

Gaming supplier index up 61 percent in 2017

Jan 10, 2018 Newsdesk Industry Talk, Latest News, Top of the deck  


Gaming supplier index up 61 percent in 2017

The AGEM Index, which tracks stock prices of listed firms in the casino equipment supply sector, increased by 60.9 percent in 2017. The index closed the year at 516.79 points from 321.28 points at the close of 2016.

Of the 12 global gaming equipment manufacturers covered by the index, only two posted a negative stock price performance for 2017, according to data from the Association of Gaming Equipment Manufacturers (AGEM); it compiles the index in association with research firm Applied Analysis LLC. They were Taiwan-based slot machine maker Astro Corp, which saw its stock price fall 50.4 percent; and Nasdaq-listed casino currency and table gaming equipment supplier Gaming Partners International Corp, with a 4.9 percent decline.

A total of four equipment manufacturers covered by the index reported stock price gains of more than 100 percent in 2017. The biggest gainer was Scientific Games Corp: the stock price of the Nasdaq-listed casino equipment supplier and lottery services business jumped by 266.4 percent in 2017.

1737912_2

In December, the AGEM Index went up by 4.9 percent in month-on-month terms. The index reported a year-over-year increase for the 27th consecutive month.

AGEM is a non-profit international trade association representing manufacturers and suppliers of electronic gaming devices, systems, table games, online technology, key components and support products and services for the gaming industry.

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.

 


  • tweet
Related articles
  • AGEM Index flat during February 2023
    AGEM Index flat during February 2023

    Mar 07, 2023  

  • AGEM Index for January up nearly 14pct m-o-m
    AGEM Index for January up nearly 14pct...

    Feb 06, 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