AGEM MEMBERSHIP NEWS TM MEMBER PROFILE
Company / Cole Kepro International Web address /
www.colekepro.com
AGEM Membership level / Bronze Member
Description / Cole Kepro design and manufacture its own range of gaming cabinets in its 150,000sq.ft. state-of-the-art
manufacturing facility in North Las Vegas. Te company offers a complete turnkey service for the gaming industry from design
and prototyping to full production runs with an overall capacity in excess of 2,500 cabinets/month. Cole Kepro offers services from traditional slot cabinets to skill based gaming consoles, systems and interactive kiosks. Te company also act as an
outsourced system manufacturer manufacturing to customer’s own designs – offering complete manufactured and assembled electro-mechanical gaming and kiosk solutions.
New products for 2017 / Tis year Cole Kepro plans to launch
several brand new models to its cabinet line with dual floating screens in various sizes and orientations. In addition the company will be expanding its in-house custom prototyping
services – partnering with early stage gaming and kiosk system producers to help rapidly bring their products to market.
Newsworthy events to share / Te company has recently appointed Terry Woolford to the executive board as Chief Commercial Officer with responsibility for all sales, service,
product management and engineering functions. His role is to develop new products and services, and position Cole Kepro’s customers at the very core of its business. Cole Kepro has also recently been awarded ISO 9001:2008 certification further demonstrating the company’s commitment to quality.
AGEM INDEX
The AGEM Index began 2017 on a positive note, continuing the momentum from 2016. The composite index stood at 330.14 points at the close of the first month of 2017, which represents an increase of 8.87 points, or 2.8 per cent compared to December 2016. The Index reported a year-over-year increase for the 16th consecutive month, rising 141.7 points, or 75.2 per cent, when compared to January 2016. During the latest period, seven of the 13 gaming equipment manufacturers reported month-to- month increases in stock price, with two up by more than 10 per cent. Six manufacturers reported decreases in stock price during the month with one experiencing double digit losses.
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, tradeshow 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 organisations have assisted regulatory commissions and participated in the legislative process to solve problems and create a positive business environment.
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MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l Te AGEM Board of Directors approved a proposal from respected Las Vegas firm Applied Analysis to conduct a complete economic impact study of the global supplier sector. AGEM last released an economic impact study in 2014 from 2013 data in conjunction with the American Gaming Association’s “State of the States” report. Tis update will analyse the impact of all of the consolidation in the supplier sector over the past three years and be released as a stand-alone report by the end of April. Te report will also include a subset focused on the impact of the supplier sector on Nevada’s overall economy.
l AGEM has been approached by the Las Vegas Metro Chamber of Commerce about collaborating on issues that may be raised during the current Nevada legislative session and possibly federal issues in Washington as well. Te discussed plan involves the Chamber hosting representatives from the gaming technology sector to identify common goals and discuss ways to collaborate in an organised fashion going forward.
l AGEM Mexico Committee Chairman Carlos Carrion of Aristocrat recently had a one-on-one meeting with Luis Felipe Cangas, the head of Mexico’s regulatory body, SEGOB, that has led to discussions about a larger meeting with the entire supplier group in Mexico City and the potential for updated machine certification requirements that AGEM has been seeking for years.
l Te recently concluded ICE trade show in London received high praise from the gathered AGEM members who were impressed by the size and scale of what has become the largest gaming exhibition in the world.
l AGEM continues to give back to the industry with the following contributions to the following events: G2E Asia President’s Reception, May 16-18, Macau, $25,000; International Association Of Gaming Advisors (IAGA) International Gaming Summit, May 30-June 1, New York City, Sponsorship, $5,000; Western Indian Gaming Conference Sponsorship, Morongo Casino, Feb. 7-9, $5,000; Go Red For Woman Lunch Sponsorship, Aria Las Vegas, March 2, $5,000; Midwest Conference On Problem Gambling And Substance Abuse Sponsorship, June 21- 23, 2016, Kansas City, Mo., $5,000; Annual GamCare UK Contribution, £5,000.
l James Industries CEO Jim Roberts has been appointed Chairman of AGEM’s Associate Member Committee.
Events and Activities l Nevada Legislative Reception, April 5, Carson City l Indian Gaming Tradeshow & Convention (NIGA), April 10-13, San Diego.
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