AGEMupdate
AGEM Member Profiles
Bronze Member Profile Interblock USA • interblockgaming . com
Interblock is recognized worldwide as a leading developer and supplier of deluxe electronic table games . Their award-winning multi-player devices set industry standards offering unparalleled performance , cutting-edge features and immersive interactive entertainment , all backed up by outstanding technical support .
Associate Member Profile Fantalooks • fantalooks . com
Fantalooks , headquartered in South Korea , is a multi-touch digital display developer and future technology provider . Fantalooks focuses on delivering high-performance products , customized solutions and long-term reliability and integration solutions to its clients and customers .
Associate Member Profile Fantini Research fantiniresearch . com
Fantini Research , a division of Eilers & Krejcik Gaming , has been a leading source of independent and actionable information for institutional investors and C-level executives in the global gaming industry . The flagship Fantini ’ s Daily Gaming Report provides comprehensive coverage each day in a no-nonsense format that saves critical time for business decisions .
AGEM January 2024 Recap
• The January 2024 AGEM monthly meeting , which also served as the 2024 Annual Meeting , kicked off with the election of AGEM officers for upcoming terms . The slate of officers , as recommended by the Board of Directors voting members , was approved for new terms . The following officers were approved to serve one-year terms : Ryan Comstock ( Ainsworth ), Treasurer ; Tom Jingoli ( Konami ), Secretary ; Dave Lucchese ( Everi ), Vice President ; Elaine Hodgson ( Incredible Technologies ), Vice President ; Luke Orchard ( IGT ), Vice President ; and Tom O ’ Brien ( Aristocrat ), Vice President . President Bob Parente ( Light & Wonder ) was not up for election while in the middle of his current two-year term .
• Following the ongoing Nevada Gaming Control Board initiative to modernize the regulation of gaming technology in Nevada , AGEM was asked by NGCB Chairman Kirk Hendrick to work with his staff and a small working group on policy statements to implement agreed-upon revisions to the existing Nevada processes . The AGEM group , aided by its outside counsel Dan Reaser , has drafted seven different policy statements that were presented to the chairman and his group in early January . The presentation meeting was well received by the NCGB , and any responses or comments from staff will be vetted by AGEM and its compliance committee for further evaluation .
• The Clarion team of Stuart Hunter and Andy Ventris provided an update on the progress of the upcoming ICE 2024 event being held February 6-8 in London . They shared that pre-show registration was currently tracking 7 percent ahead of 2023 , which saw an all-time high of 40,000 attendees . The registration data also showed 32 percent are C-Level , with 87 percent involved in the decision-making process , and the sector split shows that approximately 50 percent of attendees are online only , around 40 percent are both online and landbased and 10 percent are land-based only . Over 640 brands , covering 1 million gross square feet , will be exhibiting at the show , and the VOX conference program will feature joint headline speakers Bill Hornbuckle , CEO & president of MGM Resort International and Simon Thomas , CEO of The Hippodrome London . The Clarion team stated that all signs indicate the last London ICE show is set to be an impressive event .
• James Kilby of Vixio / Gambling Compliance presented a brief overview of Brazil ’ s new legislation , which saw its Congress approve a bill to authorize legal online sports betting and online gaming . The bill was signed into law on December 29 , with next steps being a series of regulatory ordinances that will answer the scale and scope of opportunity . At present , no specifics have been discussed , as this will be determined by the Ministry of Finance , and although land-based gaming was omitted from the new legislation , these are significant changes for a market that has been a sleeping giant for a long time .
Forthcoming Events
• AGEM will have a small stand at ICE 2024 located in the North Hall at N1-241 . Executive Director Daron Dorsey , Director of Responsible Gaming Connie Jones and Director of Europe Tracy Cohen will all be on hand , along with various AGEM officers and member company representatives . All look forward to meeting AGEM members and friends in London .
AGEMindex
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 increased by 29.8 points to 1,118.82 in December 2023 , a 2.7 percent increase from the prior month . Compared to one year ago , the index was up 279.72 points , or 33.3 percent . During the latest month , 10 of the 12 AGEM Index companies reported stock price increases , which resulted in 10 positive contributions and two negative contributions to the AGEM Index . The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited ( ASX : ALL ), whose 0.6 percent increase in stock price led to a 16.09-point gain for the index . Meanwhile , Konami Corp . ( TYO : 9766 ) saw its stock price increase by 0.9 percent , leading to a 10.31-point gain for the index . The largest negative contribution to the index was sourced to Light & Wonder Inc . ( Nasdaq : LNW ), whose 7.1 percent decrease in stock price resulted in a 12.71-point loss to the AGEM Index . All three major U . S . stock indices increased in December 2023 . The NASDAQ rose by 5.5 percent over the month , while the Dow Jones Industrial Average grew by 4.8 percent . Meanwhile , the S & P 500 increased by 4.4 percent from the prior month .
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