AGEM Index up 7.7% in November 2023

The Association of Gaming Equipment Manufacturers (AGEM) index, which depends on the share price of the 12 largest casino equipment suppliers, stood at 1.089 points in November 2023. This is stated in the association's report published recently.

The index increased by 7.7% or 77.65 points compared to the previous month.

Compared to the same period last year, the index increased by 183.05 points or 20.2%.

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

The biggest positive contributor was Aristocrat Leisure Limited, whose share price increase of 5.4% pushed the index up 39.01 points. The biggest negative contribution came from Konami Corp., whose share price fell by 5.7%, pushing the index down 5.26 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.