AGEM index up 2.7% in December 2023

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest casino equipment supplier companies, totalled 1,118 points in December 2023. This is stated in the report of the association, published the other day.

The index rose by 2.7 per cent or 129 points compared to the previous month.

When compared to the same period last year, the index increased by 33%.

For December 2023, ten companies in the AGEM index reported an increase in their stock prices, while two reported a decrease.

The largest positive contribution came from Aristocrat Leisure Limited, whose 0.6 per cent increase in share price pushed the index up by 16.09 points. The largest negative contribution came from Light & Wonder Inc. whose 7.1 per cent fall in share price pushed the index down by 12.71 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 of the gaming equipment suppliers are listed on the NYSE, Nasdaq and OTC in the US. Two companies are traded on the Australian Securities Exchange and one on the Tokyo Stock Exchange.

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