AGEM Index up 1% in August 2023

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest companies supplying casino equipment, amounted to 1,107.07 points in August 2023. This is stated in the association's report published on September 7.

The index rose 1.2% or 12.91 points compared to the previous month.

For August 2023, seven companies from the AGEM index reported an increase in stock prices, and five reported a decrease.

The biggest positive contributor was Konami Corp., whose share price rose 6.1%, pushing the index up 6.99 points.5 The biggest negative contribution came from International Game Technology, whose share price fell 5.4%, pushing the index down 8 ,16 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.