AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Axiomtek Gaming
Web address /
Gaming.axiomtek.com AGEM Membership level / Associate
Description / Axiomtek Gaming is a leading global
manufacturer of gaming and digital signage platforms. Since 1996, Axiomtek Gaming has offered customised gaming solutions and standard off-the-shelf gaming products that include all-in-one gaming boards and embedded systems for slot machines, VLTs, electronic
table games, pachislots/pachinkos, Italian AWP/AWP+, player tracking systems and arcade gaming solutions to gaming machine manufacturers, casinos,
amusement gaming and sports betting businesses. Our success has come from our design and
customisation services that effectively deliver highly customised solutions including slot machines, casino loyalty kiosks, etc., per our customers’ complex specifications. Axiomtek Gaming is committed to
supporting our customers and to delivering best-in- class contract manufacturing and a variety of
value-added services to help them achieve their project goals with ease.
What new products will you introduce this year?
Axiomtek Gaming will continue to innovate and create highly reliable solutions for our customers. Our comprehensive selections will include high
performance gaming boards and systems, quality player tracking platforms, table game signage and advanced motiondecks.
Do you have any newsworthy events to share? Axiomtek will be exhibiting at ICE London in June of
2021 (Location - Stand S7-304) and G2E in Las Vegas in October of 2021 (Booth number 1233).
AGEM INDEX
The AGEM Index increased 136.41 points in November 2020 to 631.72 points, a 27.5 per cent gain from October 2020. Overall, the majority of AGEM Index companies reported rises in stock price during the month, with 12 trending positively and one moving negatively. The stock price of Konami Corp. grew 37.6 per cent and contributed 39.45 points to the November gain. Additionally, the stock price for Aristocrat Leisure increased 11.6 per cent, which led to an index contribution of 35.65 points. The major stock indices advanced sharply as well. The NASDAQ and the Dow Jones climbed by 12.2 per cent and 11.3 per cent, while the S&P 500 grew by 10.9 per cent.
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 NEWSWIRE / INTERACTIVE / MARKET DATA
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l AGEM members received the news that Nevada Gov. Steve Sisolak recently appointed J. Brin Gibson, his former general counsel, to serve as the new chairman of the Nevada Gaming Control Board following the resignation of former chair, Sandra Douglass Morgan. He has previously served as chief legal counsel to Nevada’s gaming regulatory agencies as well as the Nevada Gaming Policy Committee. Chair Gibson has accepted an invitation to address the January AGEM Board Meeting to give a brief introduction and forecast some of the items the GCB will be working on going forward under his leadership.
l In advance of the 2021 election of AGEM officers, a slate was presented to members at the December meeting. Te new Board will be confirmed at the January meeting consisting of a new President, who will replace Luke Orchard as his two-year term has come to an end. Te other seven officers all have one-year terms.
l Te new Clarion management team gave a short presentation to AGEM members at the recent board meeting providing a general update and latest news for the ICE London and NIGA shows. Alex Pratt, Group Managing Director, and Stuart Hunter, Managing Director, were joined by Kate Chambers, Non-Executive Chair. Tey spoke about the new show dates for ICE (June 29-July 1) and outlined plans for making the event safe and secure for visitors. Exhibitors remain supportive of the event, with currently 85 per cent of the 2020 event already contracted. News of the vaccine has provided positivity and Clarion are planning to invest in a host of new features which will be unveiled in the coming months. Te dates for NIGA are provisionally set for April in San Diego. If restrictions are not lifted at that time, there are secondary dates of June 7-10 in New Orleans.
l AGEM members were urged to use and share the Nevada COVID Trace App with their teams due to the number of COVID cases trending upwards. Developed by the Nevada Department of Health and Human Services, the contact tracing mobile app has been designed to help Nevadans protect each other and slow the spread by notifying if you've likely been exposed to COVID-19, empowering individuals to quarantine effectively, seek timely medical attention and reduce risk to friends and family. Te app can be downloaded for free from the Apple App Store or Google Play.
l AGEM members were told the introduction of sports betting and iGaming in Michigan has been delayed slightly and will not go live by the end of the year, but now in January. Te Michigan Gaming Control Board is waiting for the green light while the rules and regulations go through its final review process before the official launch, but in the meantime is being flooded by companies making applications. Te Michigan Legislature is also considering two bills that may provide expansion opportunities for suppliers – one focused on multi-jurisdictional poker and one targeting historical horse racing machines.
l Two new Associate members were welcomed to AGEM in December, taking the membership to yet another all-time high of 187 members. Te Innovation Group, based in Littleton, Colorado, provides consulting and management services in gaming, hospitality, leisure and entertainment. USI Insurance Services based in Las Vegas is one of the largest insurance brokerage and consulting firms in the world providing comprehensive insurance and risk management solutions for all sectors of the gaming industry.
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