AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Konami Gaming
Web address /
www.konami.com AGEM Membership level / Gold
Description / Konami Gaming, Inc. is a leading designer and manufacturer of slot machines and casino
management systems for the global gaming market. Built on a rich heritage, Konami Gaming is a Las Vegas- based subsidiary of the world-renowned entertainment developer KONAMI GROUP CORPORATION.
MEMBER PROFILE Company / FBM
Web address /
www.fbmgaming.com AGEM Membership level / Bronze
Description / FBM has more than 20 years’ experience in the casino industry with a global operation that
covers European, Asian and American markets. FBM combines the production of powerful hardware with the creation of incredible casino games ready to impact players in the physical and digital casino.
MEMBERSHIP NEWS
AGEM May 2023 Recap l AGEM officers, including Executive Director, Daron Dorsey, recently met with Nevada Gaming Control Board Chair, Kirk Hendrick, and GCB division chiefs to open discussions on how to streamline processes and fulfill Governor Lombardo’s executive order to state agencies on reducing unnecessary or unneeded regulations affecting Nevada businesses. Te Chairman agreed a working group should be set up with various stakeholders to review current processes and regulations to find ways to speed up approval processes by aligning them with practices adopted in other jurisdictions. AGEM is creating a proposed matrix and roadmap of some of the easier issues to resolve dealing with games, devices and gaming platforms. Te second, more complex stage, will focus on system and associated equipment products and require a working group to look at these issues. Tere is no doubt the project is a work in progress, but all sides are optimistic that some of the challenges currently faced by the supplier sector will be improved as Chairman Hendrick is an advocate for positive change.
l AGEM intends to maintain a dialogue and discussions with Pennsylvania Gaming Control Board and its Executive Director, Kevin O’Toole, like those ongoing in Nevada. Daron Dorsey is scheduled to meet with Mr. O'Toole and PGCB staff to discuss how the industry and PGCB can work together and improve the processes surrounding product approvals and deployment. AGEM members are encouraged to provide comments and details of current conditions that will enable meaningful engagement with an important regulatory authority for AGEM members.
l At the recent monthly meeting, AGEM members received an update on the Nevada legislative session. Daron Dorsey outlined several bills relating to the gaming industry that are being considered in the Legislature. AGEM and its government affairs professionals remain in contact with stakeholders and legislators on remaining bills that received first house passage.
l Te recent 24th Annual AGEM-AGA Golf Classic Presented by JCM was yet again a successful event with 144 registered golfers taking part. Tis continues to be a key event for AGEM by providing a fundraiser for the International Center for Responsible Gaming (ICRG), with millions of dollars raised since its existence. Plans are already underway for the 25th Anniversary event with details being announced later this summer.
MEMBER PROFILE Company / Cooper Levenson
Web address /
www.cooperlevenson.com AGEM Membership level / Associate
Description / Cooper Levenson is a full-service law
firm with 75 attorneys with offices in New Jersey, New York, Delaware, Florida and Nevada and is proud to serve a client base that spans the US and the globe,
from individuals to corporations and companies of all sizes and types, including sovereign governments.
AGEM INDEX
The AGEM Index increased by 25.71 points in April 2023 to 971.52, a 2.7 per cent increase from the prior month. Compared to one year ago, the index was up 109.10 points, or 12.7 per cent. During the latest month, six of the 12 AGEM Index companies reported stock price increases, which resulted in six positive contributions to the AGEM Index and six negative contributions. The largest positive contribution to the monthly index was sourced to Crane NXT, Co., whose 20.1 per cent increase in stock price led to a 12.39-point gain to the index. Konami Corp. also saw its stock price increase by 10.2 per cent. The largest negative contribution to the index was sourced to Everi Holdings Inc.
Forthcoming Events l Te Canadian Gaming Summit will take place from June 13-15, 2023, at the Metro Toronto
Convention Centre. Te show is now run by SBC who organise some of the largest international events in the sports, betting and gaming industries, so the event will no doubt have a different look and feel to previous editions. AGEM will again sponsor the event with a cocktail reception on the conference’s opening day.
l International Association of Gaming Advisors 2023 Int'l Gaming Summit, will be held at the Culloden Estate & Spa, Belfast, Northern Ireland from June 20-22, 2023. Te event brings together leaders from all global gaming sectors, with the Summit providing operators, suppliers, attorneys, investors, bankers, regulators and other advisor delegates with an unparalleled opportunity to meet and discuss the most prominent issues facing gaming.
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.
P22 WIRE / PULSE / INSIGHT / REPORTS
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