AGEM MEMBERSHIP NEWS
MEMBER PROFILE Company / JCM Global
Web address /
www.jcmglobal.com AGEM Membership level / Silver
Description / JCM Global is a world leader in
transaction and payment technologies. From its global network of offices, the company provides award- winning solutions such as bill validators, note recyclers, printers, systems solutions, and more.
MEMBERSHIP NEWS
AGEM May Meeting Review l Te May monthly meeting took place in the 3rd Floor Training Room at the Black Fire Innovation building and had both in person and attendees via Zoom. AGEM’s President, David Lucchese, and Executive Director, Daron Dorsey, made welcoming remarks and noted that based on the new meeting format for the monthly gatherings, formal minutes of each are not being prepared and circulated. In lieu of those formal minutes, Executive Director Daron Dorsey, will circulate a copy of the monthly meeting recap that is published by AGEM’s publication partners each month and work to make them available on the AGEM website going forward.
l AGEM’s petition pushing for the approval of cloud computing regulations was formally approved by the Nevada Gaming Commission on April 21 and became effective immediately. Te regulations were the result of collaboration between AGEM’s counsel, Dan Reaser, and Nevada Gaming Control Board staff and counsel. Daron Dorsey gave special thanks to Dan Reaser for all his efforts in representing AGEM throughout the process, along with the many AGEM member companies that supplied feedback and queries throughout the various stages.
MEMBER PROFILE Company / Atlas Gaming
Web address /
www.atlasgaming.com.au AGEM Membership level / Bronze
Description / Based in Australia, Atlas Gaming has established itself as a leader in innovative and high
performance proprietary gaming products designed for global markets, having developed a brand new, leading edge software gaming platform.
l AGEM plans to make limited political contributions during the 2022 election cycle, focusing mainly on the general elections in the fall while evaluating some small, targeted contributions in key legislative race primaries. AGEM’s Officers and Government Affairs committee members are evaluating recommendations from AGEM’s outside government affairs consultant, Mike Alonso, on the potential contribution framework.
MEMBER PROFILE Company / Aon
Web address /
www.aon.com AGEM Membership level / Associate
Description / Aon’s advanced analytics, advice, and solutions provide their clients in over 120 countries with advice and solutions that give them the clarity
and confidence to make better decisions to protect and grow their business.
AGEM INDEX
In April 2022, the AGEM Index fell by 92.98 points to 862.42, marking a 9.7 percent decrease from the prior month. Compared to one year ago, the index added 3.99 points for an annual growth rate of 0.5 percent. During the latest reporting period, 11 of the AGEM Index companies reported stock price declines, with only one company posting an increase. As a result, all 12 companies in the AGEM Index posted negative contributions to the overall index, ending a three-month period of upward growth. The largest negative contributor to the monthly index was Aristocrat Leisure Limited, which reported a 47.42-point index loss as a result of an 8.3 percent decline in stock price.
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
l On the trade show front, AGEM had a presence at ICE 2022 in London and the Indian Gaming Tradeshow & Convention in Anaheim, California during the month of April. AGEM’s Director of Europe, Tracy Cohen, noted some key meetings with the European Casino Association and other potential new member engagements in London while Daron Dorsey noted similar meetings and experience in Anaheim and highlighted comments from members and attendees about a successful conference and education track at the show in Anaheim. Brian Sullivan and Tom Nieman from Clarion Gaming attended the meeting in person, gave brief overviews of the recent shows and that attendance was in-line or exceeded expectations going into each show given the timing and location of each. As for future shows, Clarion confirmed that ICE 2023 is set for February 7-9, 2023 at the Excel location in London, but dates and locations for ICE 2024 and beyond remain under consideration with a decision expected sometime during summer 2022. Clarion also confirmed that the Indian Gaming Tradeshow & Convention locations for 2023 (San Diego), 2024 (Anaheim) and 2025 (San Diego) are established, but that other show locations also remain under consideration.
l Daron Dorsey updated the membership that processing of FY2023 membership invoices remains ongoing. He also again requested that the membership review and confirm their respective company contacts for AGEM membership and committee assignments in order to assist AGEM with efforts to update association records.
l AGEM’s Director of Responsible Gaming, Connie Jones, was absent from the meeting, however, Daron Dorsey provided comments about Ms. Jones’ solid efforts to represent AGEM at the IMGL conference in Seattle, Washington in late April and the Nevada Council on Problem Gambling convention in early May.
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