AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / High 5 Games
Web address /
www.high5games.com AGEM Membership level / Bronze
Description / High 5 Games, founded in 1995 is one of the largest independent casino games provider,
developing content for the land-based, mobile, online, and social markets which can be found across six continents and in more than 150 countries.
MEMBERSHIP NEWS
AGEM October 2023 Recap l Following the Nevada Gaming Control Board’s September workshop on modernising the regulation of gaming technology in Nevada, NGCB Chair Hendrick asked AGEM to participate in an industry working group to update Nevada policies and regulations surrounding any changes the NGCB implements. AGEM appreciates the ongoing engagement of its compliance committee colleagues in this effort and will update the membership on developments as they occur.
l G2E Event VP, Korbi Carrison, gave a recap presentation of the recent 2023 show at the November AGEM meeting. She started by thanking everyone for their participation and reported that feedback from exhibitors and attendees was overwhelmingly positive with most commenting that it was a good show with plenty of attendee traffic. Registration was improved for visitors and exhibitors, due to the re-arrangement of the process, which saw double the amount of kiosks as well as improved assisted areas and the siting of additional kiosks outside of the main area. Initial data indicates that attendance was up 4.3 per cent over the 2022 event and key buyers also increased by 1 per cent. Tere was also improvement and growth in the European segment, which is important to many of the exhibitors. Tere were some issues reported with the movement of freight due to the disruption of the Formula 1 set-up, however RX are working with exhibitors and the contractor to ease these problems for next year and into the future.
MEMBER PROFILE
Company / EFCO Technology Corporation Web address /
www.efcotec.com AGEM Membership level / Associate
Description / Established in 1992 and headquartered in Taipei Taiwan, with offices in the USA, China, UK and Germany, EFC|O is a leading provider of embedded computer platforms with a demonstrated history of
delivering solutions matched specifically to individual customer requirements.
MEMBER PROFILE Company / Eilers & Krejcik Gaming
Web address /
www.ekgamingllc.com AGEM Membership level / Associate
Description / Eilers & Krejcik Gaming is a boutique
research and consulting firm focused on servicing the gaming equipment, interactive gaming, and sports
betting sectors within the global industry. Products and services include market research, company research, and consulting and advisory services.
AGEM INDEX
The AGEM Index decreased by 44.35 points to 1,011.35 in October 2023, a 4.2 per cent decline from the prior month. Compared to one year ago, the index was up 164.71 points, or 19.5 percent. During the latest month, eight of the 12 AGEM Index companies reported stock price decreases, which resulted in eight negative contributions and four positive contributions to the AGEM Index. The largest negative contribution to the monthly index was sourced to Aristocrat, whose 5.7 per cent decrease in stock price led to a 28.68- point loss for the index. Meanwhile, IGT saw its stock price fall by 16.2 per cent, leading to a 20.94-point loss for the index.
l In Mexico, the CONAMER process (National Commission for Better Regulation) has been initiated to potentially affect the existing regulatory policy surrounding gaming in the country. With the public comment period now closed, the industry awaits further actions from the government agencies in order to evaluate options for those companies affected by the potential changes. AGEM has engaged two member law firms in the country who continue to monitor the proceedings and provide analysis of the continuing landscape.
Forthcoming Events l With the holiday season upon us, AGEM will be hosting some annual member events. Te
AGEM McMonigle Cup golf tournament will be played on December 5, 2023 at Bear’s Best Golf Course in Las Vegas. Following this will be the AGEM Holiday Reception on December 14, 2023 from 5:00 pm. Tis will be held at Proprietor’s Reserve, in Las Vegas, a venue utilised by many companies for corporate events. All members are welcome to attend with AGEM’s Director of Membership & Events, Allison McCoy, the point of contact for any questions surrounding both events.
l In line with the plan to hold more member events beyond Las Vegas, AGEM will host a come-and-go cocktail reception during ICE 2024 in London. AGEM is finalising details for a chance to catch up with international colleagues on the afternoon of Sunday, February 4 at 4:30pm in an easily accessible location. AGEM’s Director of Membership & Events, Allison McCoy, will be sending out invitations shortly so that interested members can RSVP if they wish to attend. We hope those of you available and in London can stop by!
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.
P20 WIRE / PULSE / INSIGHT / REPORTS
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