AGEMupdate
AGEM Member Profiles
Associate Member Profile MGR Casino Chairs mgrcasinochairs. com
For over 15 years, MGR Casino Chairs has been a market leader in high-tech seating products and innovative design for casinos, video lottery rooms and slot machines. With extensive experience and continued innovation, MGR Casino Chairs offer a wide range of customized solutions for every need and budget.
Associate Member Profile Nutanix Inc. nutanix. com
Nutanix, based in San Jose, California, is a global leader of hyperconverged operating systems focused on simplifying and securing operations for gaming and other industries. As a global leader in cloud software, Nutanix offers a unified platform that seamlessly integrates infrastructure and management to enable smooth operations of data and apps across clouds.
Associate Member Profile Veridocs Inc. veridocs. com
AGEM March 2025 Recap
• The AGEM March gathering served as the 2025 Annual Meeting per AGEM’ s Amended and Restated Code of Bylaws. As part of this, the Board of Directors for 2025-26 was elected as follows: Ryan Comstock( Ainsworth) as chair, Tom Jingoli( Konami) as secretary, Bob Parente( Light & Wonder) as treasurer, and with Dave Lucchese( Everi), Elaine Hodgson( Incredible Technologies), Luke Orchard( IGT), Lauralyn Sandoval( Aristocrat) and Randy Gilbert( Table Trac) comprising the remainder of the board. As part of the new slate, the board also approved new positions for a representative from a newly formed AGEM Europe Committee and a non-voting / ex-officio representative from Global Gaming Women that will both be slotted by the board in months ahead. The newly elected board will serve one-year terms from April 2025 to March 2026, except for the chair, Ryan Comstock, who will serve a two-year term. Special thanks and acknowledgment were given to AGEM’ s outgoing chair, Bob Parente, for his excellent input and support during his tenure.
• There were four applications for Associate membership considered at the March meeting: PNC Bank, SlotCycle, USI Insurance Services and Slot Player Life. All were approved unanimously and welcomed as Associate members to AGEM.
• The renewal process for FY2026 membership dues commenced on March 15, and the board confirmed that membership dues will remain the same as 2025 with no increase planned for the FY2026 term.
• Stuart Hunter, managing director of Clarion Gaming, provided an update presentation from the recent ICE 2025 Barcelona event and noted his thanks to all the AGEM members that made a huge contribution to the success of the show. The final audited unique verified attendees combined for ICE and the affiliate show was a record at 59,101, with dedicated ICE-only attendees at 50,019( up 11 percent versus London 2024). The show was truly global, with 186 countries represented, another ICE record. Hunter also shared data and images showing heat mapping, a new feature that saw Clarion investing in technology to put in beacons to monitor how the crowd flow worked during the event. That mapping showed consistent flow across the whole venue and throughout the expanded footprint and new layout by sectors. Clarion also continues to seek feedback and welcomes any industry comments on making more improvements.
Forthcoming Events
• The JCM 26th Annual AGEM-AGA Golf Classic Presented by JCM Benefiting the International Center for Responsible Gaming will take place on April 30 at the Rio Secco Golf Club in Las Vegas. This continues to be a key event for AGEM by providing an important fundraiser for the ICRG, whose mission is to help individuals and families affected by gambling disorders. With $ 2.8 million raised by the industry since its inception, the goal for this year’ s event is to reach the magic $ 3 million mark. There are a few spaces still available for any interested parties to reach out to the JCM marketing team for information about how to participate.
AGEMindex
For almost 20 years, Veridocs has been providing its partners with the ID authentication and identity management tools they need for Know Your Customer( KYC) processes, safety & security, and regulatory compliance.
AGEM is an international trade association representing manufacturers of electronic gaming devices, systems, lotteries and components for the gaming industry. The association works to further the interests of gaming equipment manufacturers throughout the world. Through political action, trade show partnerships, information dissemination and good corporate citizenship, the members of AGEM work together to create benefits for every company within the organization. Together, AGEM and its member organizations have assisted regulatory commissions and participated in the legislative process to solve problems and create a positive business environment.
The AGEM Index grew by 150.62 points to 1,780.62 in February 2025, a 9.2 percent gain from the prior month. Compared to one year ago, the index rose 41.2 percent, or 519.52 points. During the latest month, eight of the 12 AGEM Index companies reported stock price increases, which resulted in eight positive contributions and four negative contributions to the AGEM Index. The largest positive contributor to the monthly index was Konami Corp.( TYO: 9766), whose 27.8 percent increase in stock price led to a 130.07- point gain to the index. Meanwhile, Light & Wonder Inc.( NASDAQ: LNW) saw its stock price increase by 26.9 percent, leading to a 63.17-point increase for the index. The largest negative contribution to the index was sourced to Aristocrat Leisure Limited( ASX: ALL), whose 4.6 percent decrease in stock price resulted in a 32.59-point loss to the AGEM Index. Konami Corp.’ s 130.07-point addition to the AGEM Index was the largest by a single contributor in the index history, due to the company’ s robust earnings results in the third quarter of fiscal year 2025. In February, all three major U. S. stock indices decreased from the prior month. The NASDAQ fell by 4 percent over the month, while the Dow Jones Industrial Average experienced a 1.6 percent dip. Meanwhile, the S & P 500 fell by 1.4 percent from January.
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