AGEM MEMBERSHIP NEWS MEMBER PROFILE
Company / Central Account Management System Web address /
www.centralams.com AGEM Membership level / Associate
Description / CAMS is a provider of payment and
intelligence solutions. Its multi-tenant software-as-a- service (SAAS) solution integrates with third-party payment and consumer intelligence (KYC, device intelligence, IP intelligence) vendors providing a
seamless, quick-to-market integration for lottery, online real-money wagering, social, and eGaming clients around the world. CAMS enables clients to choose between any combination of the integration partners and to establish customised rules to meet their unique business and regulatory requirements. Te payment processing services provides connection to the major domestic and international processing
networks, streamlines secure transaction processing to minimize sensitive data handling, and tokenises
customer card information – reducing exposure and liabilities associated with storing payment data.
What new products will you introduce this year? In 2021, CAMS will introduce multiple new product lines as part of its Gaming Commerce Platform
expanding on its leading technology. More news to come on this front.
Do you have any newsworthy events to share? CAMS is approved or in the approval process in every
available gaming market in the United States, inclusive of: Colorado, Indiana, Iowa, Michigan, Nevada, New Jersey, Pennsylvania, Tennessee, Virginia, and West
Virginia. Our long-time licensing history allows us to move faster than most competitors seeking approval for the first time.
AGEM INDEX
The AGEM Index improved by 60.18 points in December to 691.90 points, a 9.5 per cent gain from November. Overall, the majority of AGEM Index companies reported gains in stock price over the month, with nine trending positively and four moving negatively. The AGEM Index's growth was due in large part to an increase in the stock price of IGT. The company's stock grew 34.6 per cent and contributed 20.13 points to the AGEM Index's December gain. Additionally, the stock price for Crane Co. increased 11.7 per cent, which led to an index contribution of 8.86 points. The major stock indices, the NASDAQ and the S&P 500 climbed by 3.5 per cent and 1.2 per cent, respectively.
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.
P38 NEWSWIRE / INTERACTIVE / MARKET DATA
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l Te 2021 AGEM monthly board meeting kicked off with the election of AGEM Officers, after a slate was presented to members at the December meeting. A motion was carried to confirm the new Board which consists of the new President David Lucchese, Everi, who will serve a two-year term. Also new to the board is Vice President Elaine Hodgson, Incredible Technologies who joins Vice President Tom Jingoli, Konami; Vice President Luke Orchard, IGT; Vice President Bob Parente, Scientific Games; Secretary Eric Fisher, Crane Payment Innovations (CPI); Treasurer Hector Fernandez, Aristocrat; General Counsel Daron Dorsey, Ainsworth, who will all serve one-year terms.
l Following his appointment in November, the new Chairman of the Nevada Gaming Control Board, J. Brin Gibson, introduced himself to the AGEM membership with a short presentation at the recent Board meeting. Along with Technology Chief Jim Barbee, Chair Gibson shared some of the items they plan to work on this year along with a view of the important issues the industry needs to focus on to aid recovery as we start to emerge from the pandemic. Te importance of technology and innovation as well as focusing on data protection and cyber security will be paramount as the industry moves more towards online platforms and potentially cloud-based technology. He reiterated the GCB is focused on working with and supporting suppliers to spearhead recovery and looks forward to establishing an effective partnership that will ensure the industry emerges stronger.
l Discussions recently reached a positive and solid conclusion regarding AGEM’s contract with Reed Expo and American Gaming Association (AGA) in relation to the G2E trade show. AGEM’s contract, previously reviewed every 10 years, allowed AGEM to have a strong influence on certain aspects of the show, but no say in major decisions. Te new terms of the contract will now be reviewed every five years and includes an addendum that accomplishes multiple items that will benefit AGEM’s members, who ultimately are the main financial contributors to the show. A steering committee will be established with two members each from AGEM, AGA and Reed who will meet four times a year to decide major issues that ultimately shape the show.
l AGEM suspended the collection of 2020 fiscal year renewal dues from existing members last April in light of the pandemic and the unprecedented challenges the global gaming supplier industry was confronted with. AGEM was able to sustain the lack of income up until now, but has made the decision to reinstate membership dues from April 1.
l
NevadaWorksTogether.com and
TeManufacturingInstitute.org remain active resources for gaming employees impacted by the virus to explore opportunities in other industries. Nevada Industry Excellence has secured funding for a new training program that gives up to $2,700 per hire for cross training gaming employees to work in new industries. Tis funding is also available to gaming suppliers that hire employees from outside the industry.
Forthcoming Events l Te organisers of the NIGA trade show have made the decision to postpone the 2021 event
originally slated to take place in April in San Diego, but have not determined future dates. Possibilities include moving the dates to June in New Orleans or July in Las Vegas.
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94
