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AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Play’n GO Malta Ltd


Web address / www.Playngo.com AGEM Membership level / Bronze


Description / Te first to recognise the potential of


gaming on the GO in 2005, Play’n GO is a B2B leading online slots provider in the casino industry. With a portfolio of over 300 premium titles, delivered to regulated casino operators in more than 25 jurisdictions.


MEMBER PROFILE Company / Gasser Chair Company


Web address / www.gasserchair.com AGEM Membership level / Associate


Description / Gasser Chair Company, based in


Youngstown, Ohio, was founded in 1946 and is an American manufacturer of high-quality seating for international hospitality and casino venues. Gasser


remains a family-owned business with a philosophy of developing solutions to customers’ requirements.


MEMBER PROFILE Company / Genesis Gaming Solutions


Web address / www.genesisgaming.com AGEM Membership level / Associate


Description / Genesis Gaming Solutions, based in Texas with offices in Las Vegas, develops hardware and software solutions for casino pit and poker room


management and player tracking operations. Genesis began its operations in 1999 and continues to enhance its products and tools for today’s casino environment.


AGEM INDEX


The AGEM Index increased by 94.57 points to 1,330.19 in June 2024, a 7.7 per cent increase from the prior month. Compared to one year ago, the index climbed 26.6 per cent to 279.43 points. During the latest month, nine of the 12 AGEM Index companies reported stock price increases, which resulted in nine positive contributions and three negative contributions to the AGEM Index. The largest positive contributor to the index was Aristocrat, whose 10.8 per cent increase led to a 55.08-point gain. Light & Wonder saw its stock increase by 9.8 per cent, leading to a 21.97-point gain. The largest negative contributor was Crane, whose 2.9 per cent decrease resulted in a 2.36-point loss.


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.


P10 WIRE / PULSE / INSIGHT / REPORTS


MEMBERSHIP NEWS


AGEM June 2024 Recap l Following the recent legislative developments in Brazil surrounding gaming, James Kilby of Vixio Regulatory Intelligence gave members an update of the current situation and what it may mean for the industry. On June 19, the Senate committee on Constitutional, Judicial and Citizenry affairs voted 14-12 to approve a sweeping gaming expansion bill to authorise land- based casino-resorts, bingo halls and video-bingo machines across Brazil. Several amendments were approved by the committee, including one to enable casinos to be developed alongside pre-existing resort facilities. Te committee vote, which had been postponed on several occasions following a May hearing, now enables Bill 2234/2022 to be brought up for consideration on the Senate floor where the Senate President has committed to holding a plenary vote on the bill, but not until after an upcoming parliamentary recess.


l AGEM Executive Director, Daron Dorsey, led a discussion amongst the members about recent legal developments in Mexico where some operators and suppliers received positive rulings on challenges to the reform decree passed in late 2023. Such decisions only apply to the parties involved in them, so the industry remains hopeful that the recent decision to consolidate the cases into designated courts will result in clearer guidance. AGEM continues to monitor the situation and will keep members aware of events as they occur.


l Daron Dorsey also provided an update on the recent Federal Trade Commission (FTC) rule that comprehensively bans new non-competition agreements at the federal level. As expected, several companies commenced challenges to the rule in various courts across the US. On July 3, a judge in the US District Court for the Northern District of Texas issued a preliminary injunction against the rule after finding the FTC lacked authority for such a rule. While this preliminary injunction and decision affects the parties involved in the case, many other court challenges and rulings are expected before the rule’s effective date in September.


l Event Vice President of G2E, Korbi Carrison, provided an update to members 90 days out from the event. She shared that all exhibitors should have received their Customer Invitation programmes, which provide unique codes for free passes and, as a result, customer registration is open and experiencing good activity. Te exhibitor manual is also now live and available online, giving details of customer support specialists who provide the first lines of support on all show issues. Exhibitors were reminded of the Good Neighbour Pledge, which provides guidelines when you can visit other exhibitor booths, as well as mindful planning of exhibits and communication amongst neighbours to share plans. In addition, Korbi shared this year’s planning to address logistical changes and efforts to ease the move-in / move-out procedure for everyone.


Forthcoming Events l AGEM is once again pleased to sponsor the European Conference on Gambling Studies and


Policy Issues (EASG), which takes place in Rome, Italy from September 10-13. Te EASG is the largest and most respected conference of its type in Europe and is expected to receive around 350 experts from over 40 countries globally.


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