• 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

IGT, Konami drag down January’s AGEM Index

Feb 06, 2020 Newsdesk Industry Talk, Latest News  


IGT, Konami drag down January’s AGEM Index

The AGEM Index for January decreased by 5.54 points to 540.50 points, down 1.0 percent on the prior month, showed a written statement released on Wednesday. The Association of Gaming Equipment Manufacturers (AGEM) said the index of stock prices for major publicly-listed makers of gaming equipment was 16.6 percent higher than a year earlier.

AGEM produces the monthly AGEM Index, in association with research firm Applied Analysis LLC.

The AGEM said in the release that January’s fall “was driven by stock price declines for 10 of the 13 AGEM Index companies”.

Shares that fell notably last month included International Game Technology Plc, which lost 9.9 percent month-on-month, and took 4.43 points from the index. Shares of Tokyo-listed manufacturer Konami Corp declined 5.5 percent in price and took 4.50 points from the index.

The overall decline in January’s index “was offset by strong gains for two companies AGEM said in its Wednesday announcement.

The stock price for Aristocrat Leisure Ltd climbed 7.5 percent, accounting for a 6.22-point contribution to the AGEM Index, while Agilysys Inc – a technology company that provides software and service to the hospitality industry – experienced a 27.90 percent stock price gain that led to an index contribution of 3.49 points.

AGEM Index January 2020

Two major stock indices – the Dow Jones Industrial Average and the S&P 500 – experienced sequential monthly declines during January of 1.0 percent and 0.2 percent respectively. “The Nasdaq … experienced a gain of 2.0 percent,” noted the trade body.

Of the 13 gaming-equipment supplier stocks around the world tracked by the AGEM Index, 9 suppliers are based in the U.S., two constituent stocks are listed on the Australian Securities Exchange, one is traded in Tokyo, and another trades on the Taipei Exchange, Taiwan’s over-the-counter market for stocks and bonds.

AGEM represents manufacturers of electronic gaming devices, systems, lotteries and components for the gaming industry. 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
  • AGEM Index for January up nearly 14pct m-o-m
    AGEM Index for January up nearly 14pct...

    Feb 06, 2023  

  • Gaming trade body AGEM elects new officers
    Gaming trade body AGEM elects new...

    Jan 13, 2023  

More news
  • Alvin Chau and prosecution appeal court sentence
    Alvin Chau and prosecution appeal court...

    Feb 08, 2023  

  • LVS ranked by S&P as most sustainable casino sector firm
    LVS ranked by S&P as most...

    Feb 08, 2023  


Latest News

Alvin Chau and prosecution appeal court sentence

Alvin Chau and prosecution appeal court sentence

Feb 08, 2023  

The defence and the prosecution have respectively appealed against a Macau court’s sentencing decision that encompassed Alvin Chau Cheok Wa, former boss of now-defunct Macau casino junket...
Read More
LVS ranked by S&P as most sustainable casino sector firm

LVS ranked by S&P as most sustainable casino sector...

Feb 08, 2023  

Crane aims to complete split into 2 listed entities by April 3

Crane aims to complete split into 2 listed entities by...

Feb 08, 2023  

Sign up to our FREE Newsletter

UB8V5.qr.16(Click here for more)

Pick of the Day

"The company will scrutinise the [26 Capital] lawsuit and properly deal with it"

Universal Entertainment

Japanese firm that controls the Okada Manila casino resort in the Philippines



Most Popular

  • Macau mulls subsidy of up to US$62 per overseas visitorMacau mulls subsidy of up to US$62 per overseas visitor February 7, 2023
  • Macau early Feb average daily GGR higher than Jan: JPMMacau early Feb average daily GGR higher than Jan: JPM February 6, 2023
  • Ex-junket boss Levo Chan aimed to go to Taiwan: policeEx-junket boss Levo Chan aimed to go to Taiwan: police February 7, 2023
  • SPAC partner in Okada Manila listing sues Universal Ent sideSPAC partner in Okada Manila listing sues Universal Ent side February 7, 2023
Copyright 2014-2023 TEAM Publishing and Consultancy Ltd / All rights reserved
  • Code of Ethics
  • Privacy Policy
  • Useful Links
  • Contact Us