AGEM MEMBERSHIP NEWS MEMBER PROFILE
Company / Entropy Cabinet Solutions Inc., USA Web address /
https://www.ecsentropy.com AGEM Membership level / Associate
Description / A Global professional sheet metal fabrication and (system integrator/contract manufacturer). Entropy Cabinet Solutions has
full production capabilities in both Chicago, US and Taiwan with the ability to offer high quality product fabrication at very competitive pricing. In addition, ECS is able to provide the complete turn-key solution (the slot machine, ATM, kiosk, IT Serve rack, etc.). With the growing need of a
global work environment and global interaction, carrier to carrier interaction is alsso growing in importance. ECS has a reputation as a global solutions provider and has made supply partnerships with carriers around the world.
With its presence in the US and the Asia-Pacific, ECS offers one of the strongest networks around the Pacific Rim.
What new products, technologies or services will you introduce this year?
Tis year Entropy Cabinet Solutions will
introduce its new dual 27ins. cabinet model and 43ins. Curve model
Do you have any newsworthy events to share? Entropy Cabinet Solutions boasts Taiwan's largest sheet metal factory and is the first Taiwanese contract manufacturer to successfully help its customers pass UL22
Certification. Entropy has also helped Aristocrat to successfully launch its Helix 23ins. / Arc 42ins. cabinet model.
AGEM INDEX
The AGEM Index increased by 12.33 points to 764.13 points in March 2021, a 1.6 per cent gain from February 2021. Over the month, the majority of AGEM Index companies reported decreases in stock price, with five trending positively and eight moving negatively. The AGEM Index's March 2021 growth was driven by a 13.1 per cent increase in the stock price of Aristocrat Leisure Limited, which rose from $30.36 to $34.35. The stock was responsible for 35.77 points of the AGEM Index's monthly growth. The other significant index contributor was Crane Co., which added 12.21 points due to a 12.0 per cent stock price gain from $83.86 to $93.91.
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.
P56 WIRE / PULSE / INSIGHT / REPORTS
MEMBERSHIP NEWS
AGEM Key Board of Directors Actions l Activity in Mexico continues to be positive for AGEM members and the industry. Te recent three- day virtual Gaming Symposium hosted by Olga Sánchez Cordero, the Mexican Government Secretary for the Interior, along with SEGOB Director Alma Itzec De Lira Castillo was a great success. Olga Sánchez Cordero spoke of the need for a new federal law and the importance that its evolution reflects today’s technology, economics and culture and that bad practices of old be eradicated. She also called for the cancellation of the proposed “NOM” that would add a further layer of certification to gaming machines. AGEM Mexico Committee Chair, Carlos Carrión of Aristocrat, represented all suppliers and also spoke and adjudicated on some panels. Te event along with the positive discussions signals a new change for Mexico and is welcomed by AGEM as it continues to work with all the parties involved to ensure its members get the best representation.
l AGEM’s unregulated gaming machine campaign received some good news recently when Virginia Governor, Ralph Northam, confirmed that the one-year provision he granted for unregulated machines to operate would not be extended past July when it expires. Last year, even though the Virginia legislature passed a bill to ban the machines, Northam vetoed the bill due to Covid so that a $1,200 per machine, monthly fee could be used for a pandemic relief fund. Tere was concern that operators were aggressively lobbying for an extension, but the Governor has kept to his word and plans to enforce the one-year only timeline. Tere has been a lot of activity across multiple states of late with the District of Columbia passing legislation to regulate games of skill and Missouri establishing stricter penalties for operators of unregulated machines along with pending bills to regulate VLTs. In Wyoming, however, the legislature passed a bill to permanently allow skill machines.
l Fifteen months after it was first established, the Japan Regulatory Gaming Commission has recently issued its framework for both operators and suppliers and opened up a public comment period, which AGEM is very pleased about, having previously suggested to the commission that comment be allowed on the draft regulations. AGEM is working with GLI on reviewing the wording and will make a decision whether to submit comments if there are any red flags, although early indications are promising.
l Te new date for this year’s AGEM / AGA 22nd Annual Golf Classic presented by JCM Global was recently confirmed as September 28 and will be held at Cascata, Boulder City, Nevada. Te event usually takes place in April or May, but has been postponed due to the pandemic. AGEM members approved a $10,000 contribution request that will provide joint title sponsorship with the AGA. Te event provides a fundraiser for the International Center for Responsible Gaming (ICRG) and it is hoped, this year as all others, AGEM members will ensure it is well supported.
l Te AGEM Board approved the application of High 5 Games as a Bronze member. Founded in 1995 and based in Mahwah, N.J., High 5 Games is one of the largest independent casino games provider, developing content for the land-based, mobile, online, and social markets, both B2B and B2C.
Forthcoming Events l AGEM members approved a $5,000 sponsorship request for the National Indian Gaming
Association (NIGA) Indian Gaming Tradeshow & Convention, which is now taking place in Las Vegas at the new Caesar’s Forum from July 19-22. Clarion, the event organiser, has reported 306 exhibitors are planning to return to the show this year, compared to 325 exhibitors that were going to exhibit at the 2020 event in San Diego, before it was cancelled due to the pandemic. In addition, seven new companies have contracted to exhibit. Registration to the show will open on April 15 and all indications are the show is being supported well and attendance will be positive.
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