AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Butler Snow LLP
Web address /
www.butlersnow.com AGEM Membership level / Associate
Description / Chambers USA – America’s
leading lawyers for business describes Butler Snow as a ‘dominant force’ with a team of attorneys who have achieved national
prominence because of ‘sheer, unambiguous quality.’ According to Chambers, our clients
refer to the firm as ‘what a law firm should be’ with a ‘number of talented lawyers.’ Chambers also noted the firm’s ability to deliver to the client ‘the whole package – intelligence, presence and trial experience.’
Would you like to add anything else? Butler Snow’s gaming team helps clients
successfully navigate all aspects of this unique industry. Our attorneys are known for their
work in gaming jurisdictions throughout the US, involving licensing, regulatory and compliance issues, operations, mergers and acquisitions, financing, project development, real estate investment trusts, bankruptcy and
restructuring, intellectual property, litigation,
labour and employment and a myriad of other legal matters. Our team has a long history
working with clients in Colorado, Iowa, Kansas, Louisiana, Mississippi, Nevada, New Mexico,
New York and Virginia and several other states, as well as in Indian country. We also have
experience with clients based outside the United States. Our clients include casino operators, gaming manufacturers, sports betting companies, lenders and real estate owners.
AGEM INDEX
The AGEM Index improved by 55.72 points to 751.79 points in February 2021, an 8.0 per cent growth rate over January 2021. During the latest period, all but one company in the AGEM Index reported increases in their stock prices over the month.
The AGEM Index's monthly growth was driven by a significant gain in the stock price of Agilysys (AGYS). The company's stock price climbed by 62.0 per cent and contributed 15.09 points to the AGEM Index. Another strong performer for the month was Scientific Games Corporation (SGMS), whose stock price increased 19.4 percent and contribution 14.94 points to the index's monthly rise.
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 organisation. 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.
P42 WIRE / PULSE / INSIGHT / REPORTS
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l AGEM’s ongoing work in Mexico has seen some very positive steps recently, following the Chair of the AGEM Mexico Committee Carlos Carrión of Aristocrat meeting last month with the new SEGOB Director, Alma Itzec De Lira Castillo. SEGOB announced the organisation of the “Innovation Symposium in the Games and Draws sector; Proposal for a new Federal Law” for late March that, among other items, reviewed proposed changes to the federal gambling law that has remained virtually unchanged since the 1930s. AGEM members that have business in Mexico were invited to attend the virtual event, alongside operator trade groups AIEJA and APPJSAC. In other good news, it is hoped the proposed ‘NOM’ that would add a further layer of certification to gaming machines will now be shelved as the new SEGOB Director and the President of Mexico have recently voiced their opposition to the ‘NOM’ moving forward.
l Te first G2E Steering Committee meeting was held on February 17 and featured two members each from AGEM, the American Gaming Association and Reed Expo to decide major issues that ultimately shape the show. Te first meeting covered highlights and also saw Reed introduce a new Health & Safety initiative that was subsequently shared with all the AGEM members. As a first step in the process, G2E has added a health and safety page on the G2E website that contains Reed Exhibitions’ initial planning information for events and will be the foundation when developing G2E-specific guidelines. Tis content will continue to evolve as they learn from other in-person events and consult with local and state officials in Nevada and the Sands Expo. G2E-specific safety plans and official regulations will be available on the website as they become available.
l Te AGEM / AGA 22nd Annual Golf Classic presented by JCM usually takes place in April or May, but is being postponed to a later date this year due to the pandemic. Te event continues to be a key event for AGEM providing a fundraiser for the International Center for Responsible Gaming (ICRG) and since its inception, has raised more than $2.2m in donations for this very worthy organisation. A questionnaire is being sent out to AGEM members to ascertain preferred dates, participation and format to understand the best ways to continue to support the ICRG in these challenging times.
l AGEM Members recently approved three new Associate members to the roster taking the total membership to an all-time high of 190 companies. Al in Motion offers software, IT, administration, advertising and other supporting services to the betting industry; Fulwood Media provides in-depth insight by connecting people with the right information and facilitating networking; and Unity Technologies is a leading platform for creating and operating real-time 3D (RT3D) content.
Forthcoming Events l Jason Giles, Executive Director of the National Indian Gaming Association (NIGA) Indian Gaming
Tradeshow & Convention gave an update at the AGEM March meeting. He confirmed the show will now take place in Las Vegas at the new Caesar’s Forum from July 19-22 and run alongside the RES (Reservation Economic Summit) that will be located at Paris and Bally’s. Tere is hope that both shows will run at full capacity, but this depends on Governor Sisolak’s proposed easing of restrictions from 75 per cent capacity on May 1, to hopefully 100 per cent capacity on June 1.
l Also at the March meeting, AGEM members heard from Oklahoma Indian Gaming Association (OIGA) Executive Director, Sheila Morago, who provided an update on the proposed forthcoming event. She announced a decision had been made to push back the dates of the show to August 16- 18. Tis was done to give people time to get vaccinated and to provide a better landscape for an in-person event as well as giving more breathing space between this and the NIGA event. Te show will be held at the new Cox Convention Centre in Oklahoma City. Details are available on the website:
https://oiga.org/tradeshow/
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