AGEM MEMBERSHIP NEWS MEMBER PROFILE
Company / Crane Payment Innovations (CPI) Web address /
www.meigroup.com AGEM Membership level / Silver
Description / Crane Payment Innovations (CPI)
produces products for automated gaming and cash handling machines for AWP, VLT, betting halls, amusement and casino slot machines and redemption.
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l Te first AGEM monthly board meeting of the New Year kicked off with the election of AGEM Officers, after a slate was presented to members at the December meeting. President David Lucchese embarks on his second year of a two-year term and therefore was not part of the vote. Te following officers were approved to serve for a one-year term: Vice President Luke Orchard, IGT; Vice President Bob Parente, Scientific Games; Vice President Elaine Hodgson, Incredible Technologies; Vice President Ryan Comstock, Ainsworth; Secretary Tom Jingoli, Konami; Treasurer Hector Fernandez, Aristocrat. President Lucchese also made a special mention and paid thanks to long standing officer, Eric Fisher, Crane Payment Innovations (CPI), who stepped down from his Officer position.
l In December, AGEM Executive Director, Marcus Prater, and the organisation’s regulatory general counsel, Dan Reaser, presented a petition to the Nevada Gaming Commission to allow for gaming technology in the cloud. After the meeting, Gaming Control Board Chair, Brin Gibson, and Chief of the Technology Division, Jim Barbee, requested a review of specific wording in the petition before it is rolled out for public comment. Once complete, the petition will be published and commence a public comment period. As there were no red flags raised, it is hoped the whole process will be completed and approved in the next couple of months.
MEMBER PROFILE Company / Acres Manufacturing Company
Web address /
www.acresmanufacturing.com AGEM Membership level / Bronze
Description / Acres Manufacturing’s latest innovation, Foundation Casino Management System reports any SAS meter change in real-time, revealing what really influences spend and loyalty decisions.
l AGEM’s Mexico Committee has seen some changes recently. Carlos Carrión of Aristocrat has been heading up the committee, but recently moved back to Las Vegas and the organisation feels it is important to have a representative on the ground based in Mexico. As a result, AGEM is pleased to announce that Eduardo Alvarez of AGS has agreed to head up the seven- member committee. AGEM would also like to take this opportunity to thank Carlos Carrión for all his good work in the region over the years.
l AGEM’s Director of Responsible Gaming Connie Jones has worked very closely with the Nevada Council on Problem Gaming for many years and was recently elected as Secretary Treasurer at the Council’s annual meeting. Te meeting agenda also included election of Officers and saw Jennifer Shatley re-elected as President and Tony Cabot re-elected as VP. Te meeting covered responsible gaming initiatives, community awareness / education and budgeting. AGEM is a major supporter of this very important organisation and will continue to promote and provide support, which is especially needed as we transition out of the pandemic.
MEMBER PROFILE Company / Advantech-Innocore
Web address /
www.innocoregaming.com AGEM Membership level / Associate
Description / Dedicated to Gaming since 1998,
Advantech-Innocore offers the broadest range of PC- compatible products for casinos, AWPs, and arcades, and continues to develop new products.
AGEM INDEX
In December 2021, the AGEM Index improved by 11.39 points to 971.59, marking a 1.2 per cent increase from the prior month. Compared to one year ago, the index increased by 284.47 points for an annual growth rate of 41.4 per cent. In the latest period, seven of the AGEM Index companies reported stock price increases. This ultimately led to eight companies posting positive and four companies recording negative contributions to the index. The top contributor to the monthly index was International Game Technology , whose 7.0 per cent increase in stock price led to a 7.98-point gain for the index. Scientific Games Corporation was also a significant contributor.
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.
WIRE / PULSE / INSIGHT / REPORTS P54
l AGEM welcomed a new Associate member at the January meeting taking the total number of members worldwide to 172. Lewis Roca is a full-service law firm based in Las Vegas as well as other locations in nine states. Te company provides a wide range of services for a sizeable list of gaming clients and is one of the largest law firms in Nevada and has locations in nine western US states.
Forthcoming Events l Te National Indian Gaming Association’s (NIGA) Indian Gaming Tradeshow & Convention
will take place April 19-22, in Anaheim, California. Historically, AGEM has supported this event as a Platinum Sponsor. Members approved a sponsorship request of $25,000 to continue to support the forthcoming show.
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