AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Spin Games LLC
Web address /
www.spingames.net AGEM Membership level / Associate
Description / A leader in Remote Gaming Server (RGS) technology and interactive content, Spin Games specialises in designing and
developing premium and aggregated gaming content and technology for the regulated interactive, play for fun and real money i-gaming markets. Produced in its best-in-class HTML5 format and compatible across desktop and multiple mobile applications, the
company’s content portfolio includes a versatile range of proprietary and third-party titles, each featuring a unique and engaging theme enhanced with stellar graphics, sounds and features. With corporate headquarters in Reno, Nevada and a development center in Chennai, India, Spin Games was founded by Kent Young in 2012 and is led by a management team with extensive industry experience and a solid
reputation for bringing some of gaming’s highest performing content to the market. Its global team has decades of collective experience designing and deploying award-winning gaming industry products, and thanks to its experienced team of graphic artists, programmers, engineers and rollout specialists.
As one of the first North American-based companies to be licensed to provide i-Gaming content and technology within the US, Spin
Games is licensed in numerous online jurisdictions including New Jersey, Pennsylvania, British Columbia, Canada, and the United Kingdom. Its deep content portfolio exceeds 150 accessible titles across a wide range of themes and benefits both from proprietary
titles as well as third-party content made possible via its numerous content development licensing agreements with companies like
Incredible Technologies, Free Slots of Las Vegas and Highlight Games, the creator of NBA Last 60, a game that uses historical live NBA footage and is currently pending approval in New Jersey. Spin
continually evaluates expanding into additional online markets and deepening the company’s reach in its current markets with new products and services.
AGEM INDEX
The AGEM Index increased by 63.52 points in April 2020 to 376.04 points, a 20.3 per cent gain from March 2020. Eleven of the 13 AGEM Index companies reported significant stock price increases as global markets began to rebound from the shocks due to the COVID-19 pandemic. The stock price for Aristocrat Leisure increased by 19.4 per cent, accounting for a 40.13-point improvement in the AGEM Index, while IGT experienced a 26.7 per cent stock price jump that led to an index contribution of 5.82 points. All three major U.S. stock indices increased as the Dow Jones Industrial Average and the S&P 500 experienced monthly gains of 11.1 percent and 12.7 per cent, respectively.
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.
NEWSWIRE / INTERACTIVE / MARKET DATA P54
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l AGEM Executive Director Marcus Prater continues to hold twice-weekly calls regarding the Covid-19 situation with Nevada Gaming Control Board Chairwoman Sandra Morgan, the Nevada Resort Association and representatives of restricted gaming licensees. Recently, these meetings have been dominated by when Nevada casinos will open as some states are starting to see openings (such as California). Many operators are currently working on “How to Prepare” plans that have to be submitted to the Gaming Control Board seven days prior to opening. Chairwoman Morgan has been very helpful and supportive to AGEM by sharing information and will continue to do so as the re-openings occur.
l AGEM is coordinating with Nevada Industry Excellence (
www.NevadaIE.com) on the new
www.NevadaWorksTogether.com web site designed to introduce furloughed gaming employees to job openings in other Nevada businesses and industries. Former Nevada Gaming Control Board Chairman and State Senator Mark Lipparelli helped connect AGEM to this effort and the membership will receive notice when the web site is fully functional.
l AGEM and the AGA’s campaign against unregulated gaming machines continues despite a recent setback in Virginia where the Governor has approved a one-year extension allowing skill games to be taxed in an attempt to boost COVID-19 relief revenue. It is hoped this will not be adopted by other states. Discussions relayed to unregulated gaming continue in Pennsylvania and Missouri, but it’s unknown how the virus crisis will impact legislative priorities in the coming months. AGEM is also active in helping shape the discussion in Wyoming as the Gaming Commission and Legislature there await recommendations from different committees reviewing gaming’s role in the Cowboy State going forward.
l Will Wise, Vice President of Reed Exhibitions, along with Korbi Carrison, Event Director for G2E, and Allie Barth, Senior Vice President of Industry Relations for the AGA, addressed AGEM members at the May meeting to give an update regarding G2E Las Vegas. Tey reiterated their prime interest was ensuring the health and safety of exhibitors and visitors alike, with any decisions on what the show will look like based foremost on this. Over the past six weeks they have had discussions with over 200 exhibitors, and the feedback has been varied due to the continually evolving situation. As a result they have decided to conduct a research project using a third-party company to gauge true credible insights from buyers and operators and will publish the initial results to exhibitors by mid-June so that firm decisions can be made as to what the show will look like and general planning.
l AGEM welcomed a new Associate member in May. Sparks Marketing Corporation, based in Las Vegas is an award-winning experiential marketing agency that creates brand moments for activations, events, trade show exhibits, digital, and retail. Tis takes AGEM’s global membership to 180 companies, an all-time high.
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