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AGEM Index down 3.3% in March 2024

AGEM Index down 3.3% in March 2024

Image source: unsplash.com, Carl Raw

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest casino equipment suppliers, stood at 1,218.92 points in March 2024. This is stated in the association's report.

The index decreased by 3.3% or 42.18 points compared to the previous month.

For March 2024, 7 companies from the AGEM index reported a decrease in stock prices, and 5 reported an increase.

The biggest positive contributor was Crane NXT, Co, whose share price increase of 6.0% pushed the index up 5.48 points. The biggest negative contributor was Aristocrat Leisure Limited, whose share price fell 8.0%, pushing the index down 34.83 points.

AGEM includes Agilysys, Ainsworth Game Technology, Aristocrat Leisure, Crane, Every Holdings, Galaxy Gaming, Ins5pired Entertainment, International Game Technology, Konami Holdings Corp, Light & Wonder Inc, PLayAGS and Transact Technologies.

Nine gaming equipment suppliers are listed on the NYSE, Nasdaq and OTC in the US. Two companies are listed on the Australian Securities Exchange and one is listed on the Tokyo Stock Exchange.

The index is determined jointly by the Association of Gaming Equipment Manufacturers (AGEM) and market research firm Applied Analysis LLC.

Published April 7, 2024 by GamblingTalk
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