AGEM Index up 4.4% in January 2024

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest companies supplying casino equipment, was 1,168 points in January 2024. This is stated in the association's report published recently.

The index rose 4.4% or 49.28 points compared to the previous month.

Compared to the same period last year, the index increased by 22.6%.

For January 2024, six companies from the AGEM index reported an increase in stock prices, while the remaining six reported a decrease.

The biggest positive contributor was Konami Group Corp, whose share price increase of 23.6% pushed the index up 37.27 points.

The biggest negative contributor was International Game Technology Plc, whose share price fell 5.3%, pushing the index down 6.53 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.