AGEM index up 4% in July 2023

The Index of the Association of Gaming Equipment Manufacturers (AGEM), which depends on the share price of the 12 largest companies - suppliers of equipment for casinos, amounted to 1,094.16 points in July 2023. This is stated in the report of the association.

The index rose by 4.1% or 43.40 points compared to the previous month.

For July 2023, ten companies from the AGEM index reported an increase in share prices, and two - a decrease.

The biggest positive contributor was Konami Corp., whose 30.0% increase in share price pushed the index up 41.88 points.

The biggest negative contributor was Inspired Entertainment, Inc., whose 14.4% drop in share price sent the index down 1.10 points.

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

Nine gaming equipment providers are listed on the NYSE, Nasdaq and OTC in the US. Shares of two companies are traded on the Australian Stock 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.