AGEM Index down 4.2% in October 2023

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest casino equipment suppliers, stood at 1,011.35 points in October 2023. This is stated in the association's report published on November 3.

The index decreased by 4.2% or 44.35 points compared to the previous month. At the same time, compared with the previous month, the index grew by 164.71 points, or 19.5%.
For October 2023, eight companies from the AGEM index reported a decrease in stock prices, and four reported an increase.

The positive contribution was made by Agilysys, whose share price increase of 29.7% pushed the index up by 16.44 points. The largest negative contribution was made by Aristocrat Leisure Limited., whose share price drop of 5.7% led to a decline in the index by 16.50 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.