AGEMupdate
AGEM Member Profiles
Bronze Member Profile Spintec Gaming Technology spintec . si
Spintec , a Slovenia-based company , is a world-class developer , designer , producer and supplier of innovative electronic table games . Their compact and amphitheater gaming solutions are well known for their cutting-edge design and technical perfection .
Associate Member Profile Global Gaming Business ( GGB ) Magazine ggbmagazine . com
Global Gaming Business ( GGB ) magazine is the leading monthly gaming trade publication focusing on the international casino industry . Distributed to 14,000 of the industry ’ s most important executives around the world , as well as public officials , regulators , attorneys and Native American governments , it ’ s the casino industry ’ s complete source for business information .
Associate Member Profile Global Gaming Gambling Group ( G4 ) gx4 . com
AGEM August 2024 Recap
• Daron Dorsey , AGEM executive director , provided an update to members on some significant recent developments in Brazil . Those included the July 31 actions by Brazil ’ s Ministry of Finance to publish a regulatory ordinance outlining technical requirements for a wide range of online casino games that may be offered by operators licensed under the December 2023 law , including online slots , table games , crash games and live casino content . Separately , on August 8 , Brazil ’ s Senate held a plenary debate on a sweeping bill to authorize land-based casino resorts and bingo halls . Final votes on that bill are not expected until late 2024 or beyond .
• AGEM also briefly discussed recent activity in Mexico surrounding the 2023 reform decree there . Recent court decisions in certain cases undertaken by the industry against the reform decree have resulted in favorable findings and injunctions . Due to these recent events , a final appellate or high court ruling about the constitutionality of the reform decree appears likely in the coming months . Clear guidance and a return to pre-November 2023 treatment of suppliers would be a welcome development .
• Connie Jones , AGEM director of responsible gaming , attended the National Conference on Gambling Addiction & Responsible Gambling , which took place in San Diego in July . AGEM is a proud sponsor of this event , which brought together world-class presenters and drew a record attendance of more than 600 participants . Covering all aspects of problem and responsible gaming , the excellent program saw five sessions running concurrently each hour for the two days of the event . Jones represented AGEM at the event and chaired a session on Women Transforming Sports Betting , where she noted the importance of these gatherings to keep up to date with changes in a rapidly expanding industry and a continued focus on research , education and treatment , especially efforts in those areas related to young people .
Forthcoming Events
• September is Responsible Gaming Education Month ( RGEM ), led by the American Gaming Association . AGEM is hosting a virtual roundtable and panel discussion with industry experts on September 17 at 9 a . m . PST . Those interested should contact Connie Jones for invitation details .
• The two worthy recipients of the 2024 AGEM Memorial Awards Honoring Jens Halle and Peter Mead will be announced in the coming weeks . The winners will be presented with their awards at a special event during G2E hosted by AGEM on Wednesday , October 9 at 2 p . m . in the G2E Networking Lounge . All AGEM members and friends are invited to attend the reception and to toast this year ’ s exceptional recipients .
AGEMindex
G4 is a group of international experts in the field of problem gambling and responsible gambling with an experienced team and board members from different parts of the world . Their renowned accreditation program is focused for land-based , online and lottery operators as well as software and technology suppliers .
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 93.3 points to 1,423.49 in July 2024 , a 7 percent increase from the prior month . Compared to one year ago , the index climbed 30.1 percent , or 329.33 points . During the latest month , 10 of the 12 AGEM Index companies reported stock price increases , which resulted in 11 positive contributions and one negative contribution to the AGEM Index . The largest positive contributor to the monthly index was Aristocrat Leisure Limited ( ASX : ALL ), whose 9 percent increase in stock price led to a 34.13-point gain to the index . Meanwhile , International Game Technology PLC ( NYSE : IGT ) saw its stock price increase by 14.7 percent , leading to a 16.59-point gain for the index . The lone negative contributor to the index was PlayAGS Inc . ( NYSE : AGS ), whose 0.4 percent decrease in stock price resulted in a 0.05-point loss to the AGEM Index . As of July 2024 , the AGEM Index has experienced 16 consecutive months of positive year-over-year growth with all but one of the periods showing double-digit growth . Over this period , the index grew by 46.5 percent , or 451.97 points . This marked the longest period of sustained growth since November 2020 to April 2022 , when the index experienced positive year-over-year growth for 18 consecutive months . In July , two of the three major U . S . stock indices decreased from the prior period . The NAS- DAQ fell by 3.2 percent over the month , while the S & P 500 fell by 0.6 percent . At the same time , the Dow Jones Industrial Average increased by 2.7 percent from the prior month .
SEPTEMBER 2024 www . ggbmagazine . com 13