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AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Catapult Global


Web address / catapultglobal.com AGEM Membership level /Associate


Description / Founded in 2004, Catapult Global has been a valuable supplier of plastics, metals, harnessing, assemblies, and other


manufactured goods to the gaming industry. With manufacturing facilities located throughout China, Catapult works closely with OEM’s to meet their contract manufacturing needs. From complete cabinets to simple parts,


Catapult’s goal is to exceed its customer’s expectations in terms of Delivery, Quality, and Price. From its corporate headquarters in Henderson, NV, the


teams in the US work seamlessly with the Asian teams to achieve this goal. Catapult owes much of its success to its engineering teams. Quality, design, and production engineers all work with the customer base to insure parts are made correctly, from first article through production. Te engineering


team determines the best fit for the customers project, and then works with a chosen supplier from it’s vast network of manufacturing facilities. Tis is what allows Catapult to offer such a wide array of manufacturing capabilities to its customer base.


New products for 2017 / Catapult prides itself on its flexibility in meeting


customer demands. Whether VMI, Kanban, drop shipments, etc., Catapult’s customer service teams create inventory programs that insure parts are


where they need to be, anywhere in the world. Tis includes the company’s European customer base. Working with several companies in Europe, both in gaming and other industries, Catapult has weekly shipments headed to the continent. It is an ongoing initiative of the company to expand its presence in Europe. Currently they are looking for a centrally-located


facility to further enhance the services it provides into Europe all ready. Newsworthy events to share / Most recently, Catapult has opened a new 59,000 square foot facility in Henderson, NV. Te new facility not only


works as a warehouse/distribution center, but also an assembly location. Tis compliments the 25,000 square foot location in Chicago, IL. Catapult is able to service the entire United States from these facilities.


AGEM INDEX


The AGEM Index reached another record high in April, continuing the momentum from previous months. The composite index stood at 371.50 points at the close of April 2017, which represents an increase of 10.22 points, or 2.8 per cent, when compared to March. The Index reported a year- over-year increase for the 19th consecutive month, rising 144.99 points, or 64.0 per cent, compared to April 2016. During the latest period, nine of the 13 gaming manufacturers reported month-to-month increases in stock price, with two up by more than 10 per cent. Three manufacturers reported decreases in stock price during the month and one posted a flat performance.


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 organization. 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.


P58 NEWSWIRE / INTERACTIVE / 247.COM


MEMBERSHIP NEWS


AGEM Key Board of Directors Actions l A new AGEM Officer was voted in at the recent May meeting. IGT put forward Scott Gunn as Officer candidate who was duly approved as AGEM’s VP of Government Relations.


l Te Nevada Gaming Control Board finalised its proposed Reg 5 and 5a language covering account wagering, among other topics. AGEM counsel Dan Reaser attended the May meeting of the GCB where they were seeking approval for these new regulations. Separately, GCB Technology Division Chief, Jim Barbee presented an update to selected AGEM members on the GCB’s new pre-approval inspection proposal, along with an update on its previously introduced New Innovation Beta program.


l Te recent flurry of activity in Florida proposing for gaming regulations to be passed, subsequently saw House and Senate leaders fail to reach resolution, leaving any formal gaming expansion plans dead for the year.


l AGEM’s membership of the Pennsylvania Video Gaming Association (PaVGA) was recently approved. A lengthy legislative hearing was held in Harrisburg on May 1 that included opposition to the idea of video gaming terminals from most of the state’s casinos. With a large number of gaming bills pending in Pennsylvania it is unlikely any decisions will be made until at least June.


l AGEM’s commissioned Economic Impact Study, carried out by Las Vegas firm Applied Analysis will be published in May. Te Study highlights the collective strength of the supplier sector that had a direct output (revenue) of $17.9 billion in 2106 and directly employs more than 55,000 people making an average annual wage of $89,400.


l Te recent 19th AGEM-AGA Golf Classic presented by JCM Global, was yet again a successful fundraiser for the National Center for Responsible Gaming (NCRG), seeing 144 players take part. Over the past 18 years, the event has managed to raise an astonishing $2.7m for this very worthwhile cause.


l AGEM welcomed two new members in May – William Hill US, based in Las Vegas was voted in as a Silver member and electronic table games manufacturer Spintec, based in Slovenia was voted in as a Bronze member. In addition, existing member Quixant was elevated to Silver Level due to an increase in gross annual revenue.


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