AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Interblock USA
Web address /
www.interblockgaming.com AGEM Membership level / Bronze
Description / Interblock is a developer and supplier of deluxe electronic table games. Teir award-winning, multiplayer devices set industry standards offering unparalleled performance, cutting edge features and immersive interactive entertainment.
MEMBERSHIP NEWS
AGEM January 2024 Recap l Te January 2024 AGEM monthly meeting, which also served as the 2024 Annual Meeting, kicked off with the election of AGEM Officers for upcoming terms. Te slate of Officers, as recommended by the BOD / Voting members, was approved for new terms. Te following Officers were approved to serve 1-year terms: Ryan Comstock, (Ainsworth), Treasurer; Tom Jingoli (Konami), Secretary; Dave Lucchese (Everi), Vice President; Elaine Hodgson (Incredible Technologies), Vice President; Luke Orchard (IGT), Vice President and Tom O’Brien (Aristocrat), Vice President. President Bob Parente (Light & Wonder) was not up for election while in the middle of his current 2-year term.
l Following the ongoing Nevada Gaming Control Board initiative to modernise the regulation of gaming technology in Nevada, AGEM was asked by NGCB Chair Hendrick to work with his staff and a small working group on policy statements to implement agreed upon revisions to the existing Nevada processes. Te AGEM group, aided by its outside counsel Dan Reaser, have drafted seven different policy statements that were presented to the Chairman and his group in early January. Te presentation meeting was well received by the NCGB and any responses or comments from staff will be vetted by AGEM and its compliance committee for further evaluation.
MEMBER PROFILE Company / Fantalooks
Web address /
www.Fantalooks.com AGEM Membership level / Associate
Description / Fantalooks is a multi-touch digital display developer and future technology provider.
Fantalooks focuses on delivering high performance products, customised, long-term reliability and integration solutions to its clients and customers.
l Te Clarion team of Stuart Hunter and Andy Ventris provided an update on the progress of the upcoming ICE 2024 event being held from February 6-8 in London. Tey shared that pre-show registration was currently tracking 7% ahead of 2023, which saw an all-time high of 40,000 attendees. Te registration data also showed 32% are C-Level, with 87% involved in the decision-making process, and the sector split shows that approximately 50% of attendees are online only, around 40% are both online and land-based and 10% are land- based only. Over 640 brands, covering 1 million gross square feet, will be exhibiting at the show and the VOX conference programme will feature joint headline speakers Bill Hornbuckle, CEO & President of MGM Resort International and Simon Tomas, CEO of Te Hippodrome London. Te Clarion team stated that all signs indicate that the last London ICE show is set to be an impressive event.
l James Kilby of Vixio / Gambling Compliance presented a brief overview of Brazil’s recent new legislation which saw its Congress approve a bill to authorise legal online sports betting and online gaming. Te bill was signed into law on December 29, 2023, with next steps being a series of regulatory ordinances that will answer the scale and scope of opportunity. At present, no specifics have been discussed, as this will be determined by the Ministry of Finance, and although land-based gaming was omitted from the new legislation, these are significant changes for a market that has been a sleeping giant for a long time.
MEMBER PROFILE Company / Fantini Research
Web address /
www.fantiniresearch.com AGEM Membership level / Associate
Description / Fantini Research, a division of Eilers & Krejcik Gaming, is a source of independent and actionable information for institutional investors and
C-level executives in the gaming industry. Te flagship Fantini’s Daily Gaming Report provides comprehensive coverage each day in a no-nonsense format.
AGEM INDEX
The AGEM Index increased by 29.82 points to 1,118.82 in December 2023, a 2.7 per cent increase from the prior month. Compared to one year ago, the index was up 279.72 points, or 33.3 per cent. During the latest month, 10 of the 12 AGEM Index companies reported stock price increases, which resulted in 10 positive contributions and two negative contributions to the AGEM Index. The largest positive contribution to the monthly index was sourced to Aristocrat Leisure, whose 0.6 per cent increase in stock price led to a 16.09-point gain for the index. The largest negative contribution was sourced to Light & Wonder Inc., whose 7.1 per cent decrease in stock price resulted in a 12.71-point loss.
Forthcoming Events l AGEM will have a small stand at ICE 2024 located in the North Hall at N1-241. Executive
Director, Daron Dorsey, Director of Responsible Gaming, Connie Jones and Director of Europe, Tracy Cohen will all be on hand, along with AGEM officers and member company representatives. All look forward to meeting AGEM members and friends in London.
l AGEM is delighted to host an informal Happy Hour drinks and light bites event for members during ICE 2024 in London on Sunday, February 4 from 4:30-6:30pm at a great rooftop location. Details and invitations have been circulated in prior weeks, so if you have not received them, please contact AGEM’s Director of Membership & Events at
Allison.McCoy@
AGEM.org who will gladly forward the details.
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.
P32 WIRE / PULSE / INSIGHT / REPORTS
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