GGB Magazine March 2023 | Page 13

AGEMupdate

AGEM Member Profiles

Gold Member Profile Aristocrat Leisure Limited aristocrat . com
Aristocrat Leisure Limited is an entertainment and content creation company powered by technology to deliver world-leading mobile and casino games which entertain millions of players across the globe , every day . The company has three operating units : Aristocrat Gaming , Pixel United and Anaxi , supported by more than 7,000 employees in over 20 locations around the world .
Bronze Member Profile Empire Technological Group etgltd . com
Las Vegas-based Play Synergy , aka Empire Technological Group , was founded in 2012 . Known for its engineering capacity to innovate table game technology directly on the casino floor , ETG has expanded its marketable products with a portfolio of relevant and compelling live table games that can immediately refresh the table game pits .
Associate Member Profile Catapult Global catapultglobal . com
Catapult Global , LLC offers solutions for companies looking to source products in Asia . The company was formed in 2004 with the aim of providing customers high-quality , OEM / ODM products at reasonable prices , on-time , from design through distribution .
AGEM February 2023 Meeting Recap
• Since the last AGEM meeting , Nevada Governor Joe Lombardo appointed a new chair of the Nevada Gaming Control Board , Kirk Hendrick , along with a new board member , George Assad . Lombardo also appointed Brian Krolicki to the Nevada Gaming Commission to fill the term of Ben Kieckhefer , who left the Gaming Commission to serve as Lombardo ’ s chief of staff . AGEM ’ s Daron Dorsey and Mike Alonso were able to meet with Hendrick recently , and look forward to the opportunity of supporting efforts to re-establish Nevada ’ s place as a leading innovation and technology jurisdiction , as directed by Lombardo in his recent address to the Nevada legislature .
• The ICE London exhibition took place February 7-9 , and was a success , both from and operational and trading perspective . Early ( unaudited ) numbers from Clarion noted visitor attendance of over 40,000 people , a first for the show that eclipsed the previous record in 2020 of around 36,000 . Billed as the industry ’ s largest international trade show , Clarion states that over 50 percent of attendees operate in both land-based and online sectors while the remaining group were online-only operations , and this was visible on the show floor . While Europe is still the largest area of attendees with over 70 percent as reported by Clarion , there were significant numbers from Asia and North America . This edition of ICE took over the whole footprint of the ExCeL Centre for the first time , and already 80 percent of the exhibition is rebooked for the 2024 event , per Clarion representatives .
• In a bid to provide absolute transparency , Clarion Gaming announced prior to the show that it has entered the next phase of its research and consultation program to determine the future location for ICE . In partnership with specialist consultants Equimore , a finalist short list of four host cities has been identified : Barcelona , London , Madrid and Paris — all of which meet the exacting criteria set out in the process . Each city will be making a formal bid to host ICE for the period 2025-2029 , in the same February dateline . The process will be completed later this year with an announcement scheduled for Q3 2023 , per Clarion .
• AGEM members received an in-person presentation by Jennifer Carleton of AGEM associate member Sightline Payments , who also helps lead the Indian Nations Gaming and Governance ( INGG ) program at William S . Boyd School of Law ( University of Nevada , Las Vegas ). She highlighted two initiatives that are currently being offered by the law school . The first is a symposium on March 2-3 , which covers “ Indian Gaming Past and Present ,” and is open to all interested attendees . The second is a much-needed Internship / Externship Program that will see its inaugural launch this summer after having been put on hold due to the pandemic . At the meeting , AGEM members were encouraged to look at taking on law students with an Indian gaming background for summer internship and externship programs . Information on both these initiatives is available on the William S . Boyd School of Law website at https :// law . unlv . edu / or via Carleton .

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 113.32 points in January 2023 to 952.42 , a 13.5 percent jump from the prior month . Compared to one year ago , the index was up 26.55 points , or 2.9 percent . During the latest month , 11 of the 12 AGEM Index companies reported stock price increases , which resulted in 11 positive contributions to the AGEM Index and one negative contribution . The largest positive contribution to the monthly index was sourced to Aristocrat Leisure Limited ( ASX : ALL ), whose 11.3 percent increase in stock price led to a 44.55-point gain to the index . Meanwhile , Crane Co . ( NYSE : CR ) observed a 15.4 percent increase in stock price that translated to an 18.7-point gain to the index . The lone negative contribution to the index was sourced to Ainsworth Game Technology ( ASX : AGI ), whose 3.7 percent decrease in stock price resulted in a 0.01-point loss for the AGEM Index . All three major U . S . stock indices saw month-over-month increases in January 2023 . The NASDAQ increased by 10.7 percent from the prior month , while the S & P 500 grew by 6.2 percent . Meanwhile , the Dow Jones Industrial Average rose 2.8 percent from December .
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