The AGEM Index, a measure of the stock prices of a range of casino technology suppliers, increased by 505.56 points to 1,741.18 in May, a 40.9 percent increase from a year earlier. The index was down 0.1 percent from April, according to a Thursday announcement.
During May, seven of the 12 AGEM Index companies reported stock price increases, with three negative contributions to the index, said its publisher, the Association of Gaming Equipment Manufacturers (AGEM).
The largest positive contributor to the monthly index was Agilysys Inc, a maker of business software for the hospitality sector, whose 42.5 percent increase in stock price resulted in a 35.11-point gain to the AGEM Index.
“The growth of Agilysys’s stock price was fuelled by a record setting fiscal year 2025 net revenue of US$275.6 million, up 16.1 percent from the prior year,” said the update.
The largest negative contribution to the index was sourced to Australia-listed slot machine specialist and online content provider Aristocrat Leisure Ltd, which saw its stock price decrease by 6.6 percent compared to April, leading to a 41.03-point loss for the index.
Japan’s Konami Group Corp, which via its Konami Gaming Inc and Konami Australia Pty Ltd units supplies casino slot machines and floor management systems, saw its stock price decrease by 3.4 percent, leading to a 10.95-point decline for the index.
In May, all three major U.S. stock indices increased from the prior period. The Nasdaq grew by 7.9 percent over the month, while the S&P 500 rose by 5.5 percent. The Dow Jones Industrial Average increased by 3.7 percent from the prior month.
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.
