AGEM
Membership News MEMBER PROFILES
1 Company Win Systems Web address
www.winsystemsintl.com AGEM Membership level Bronze Description Win Systems is a technology supplier providing management solutions, electronic roulette and slots to the casino and lottery industries. Win Systems has grown to operate in more than 60 countries worldwide, with a multi-channel service offering across hundreds of venues of different sizes and across multiple regulatory jurisdictions.
2 Company KPMG Web address
www.KPMG.com/us AGEM Membership Associate Description KPMG employs a multi-disciplinary approach and deep, practical industry knowledge to help clients meet challenges and respond to opportunities. KPMG was the first of the legacy Big Four firms to organise itself along the same industry lines as clients to deliver value.
3 Company Lazcano Samano, S.C Web address
www.lazcanosamano.com AGEM Membership Associate Description Since 2007, Lazcano Sámano has been positioned in Mexico, Latin America and worldwide, as one of the most experienced and reputable law firms in the Gaming Industry and other cutting-edge technology sectors.
AGEM JANUARY 2024 RECAP
1 Te 2024 AGEM McMonigle Cup Golf Tournament recently took place on Wednesday, December 11, 2024, at Bear’s Best Golf Club in Las Vegas. Te two- person team event saw a full house of 40 players from 20 AGEM member companies participate. AGEM Associate Member Howard & Howard, a US law firm, took home the title through the efforts of Art Rogers and Connor Bodin. Once again, the event proved very popular with the members and everyone had a great day.
2 AGEM members received an update on Brazil from James Kilsby of Vixio Regulatory Intelligence at the January 2025 meeting. Mr. Kilsby reported on what is seen as a milestone moment when the Brazillian online market (which includes igaming and sports betting) formally launched on January 1, 2025 with 68 operators now currently live. Despite some last minute challenges which threatened to hold up the launch, the regulator granted an extension and issued some provisional licenses and certifications that allow an additional 30 to 60 days for full and final approvals for those currently in the process. Despite the launch of the regulated online market, the pathway for the land- based gaming sector is likely to take longer after a bill to authorize such activity was postponed from consideration by the Senate in December 2024.
3 AGEM members heard from Alfredo Lazcano from the Mexico-based law firm of Lazcano Samano about recent updates in Mexico. Upon taking office, the new administration of President Claudia Sheinbaum has stated the
AGEM INDEX The AGEM Index fell by 79.54 points to 1,564.82 in December 2024, a 4.8 per cent decrease from the prior month. Compared to one year ago, the index rose 39.9 per cent, or 446.00 points. During the latest month, seven of the 12 AGEM Index companies reported stock price decreases, which resulted in nine negative contributions and three positive contributions to the AGEM Index. The largest negative contributor to the monthly index was Aristocrat Leisure. Although the company’s stock price rose 0.9 per cent, a change in the Australian to United States dollar exchange rate ultimately led to a 28.86-point loss to the index. Meanwhile, Light & Wonder saw its stock price decrease by 9.1 per cent, leading to a 19.14-point loss for the index.
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.
government does not yet have any formal proposal to update gambling laws in Mexico which date back to 1947 despite recent media commentary to the contrary. However, a recent public meeting between the President, SEGOB, licence holders and other stakeholders may see the creation of a working group for proposals surrounding a new gaming law.
In the interim, the situation regarding importation of products into the country remains inconsistent and litigation challenges continue over the reform decree passed in 2023 with mixed results. Tere is no timeline for potential legislative or judicial outcomes, but the industry is hopeful for new approaches and opportunities based on the statements and actions of the new government.
FORTHCOMING EVENTS 1 Te EKG Slot Awards Show produced by Eilers & Krejcik Gaming (EKG) will be held on February 27, 2025 at Palms Casino Resort, Las Vegas. AGEM is a sponsor of this key supplier event that recognises excellence in slot game development in the casino gaming industry. Each year, EKG determines winners across 25 plus product categories including both land-based and interactive games.
2 AGEM will once again be sponsoring the American Heart Association Go Red for Women Luncheon being held on Friday, February 14, 2025, at the Waldorf Astoria in Las Vegas. AGEM will be hosting a table and currently has some seats available for any members that may wish to attend. Please contact Allison McCoy for more details at:
allison.mccoy@
agem.org.
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