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AGEM MEMBERSHIP NEWS


MEMBER PROFILE Company / Aon plc


Web address / www.aon.com AGEM Membership level / Associate


Description / Aon is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.


What new products will you introduce this year? Aon has been a leader in the professional services and


insurance industry in helping businesses and communities recover operations due to impacts of the COVID-19 pandemic and have supported companies with return-to-


work initiatives and supporting employee duty of care. Our Employee Modeler solution and our COVID-19 Tool Kits are unique in the marketplace. Aon was recently recognised with Business Insurance magazine’s 2020 Innovation Award for our Integrated Analytics Intelligence platform.


Aon strives to be a leader in innovation and we continually introduce new solutions, supported by data and analytics, into the marketplace, across all of our business lines.


Do you have any newsworthy events to share?


Aon’s commitment to the Gaming and Hospitality market is strengthened by its recent investment in hiring of Maila


Aganon and opening of a local office in Las Vegas. Maila is the former VP of Treasury and Risk from Caesars Entertainment.


Forthcoming events/exhibitions


Aon has been a G2E attendee for the last 12 years and we are looking forward to the return of G2E Conference and Exhibits in Las Vegas.


AGEM INDEX


The AGEM Index increased by 48.85 points in September 2020 to 530.87 points, a 10.1 per cent gain from August 2020. Five of the 13 AGEM Index companies reported stock price increases despite downward trends in major US stock indices in September. The stock price for Scientific Games increased by 68.7 per cent, accounting for a 37.05-point improvement in the AGEM Index, while Konami Corp. experienced a 11.1 per cent stock price jump that led to an index contribution of 10.87 points. All three major U.S. stock indices decreased as the NASDAQ dropped by 5.4 per cent, the S&P 500 fell by 3.9 per cent, and the Dow Jones declined by 2.1 per cent compared to August 2020.


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 NEWSWIRE / INTERACTIVE / MARKET DATA


MEMBERSHIP NEWS


AGEM Key Board of Directors Actions l AGEM will once again, be partnering with the European Casino Association and Clarion Events for the Executive Development Program (EDP) Gender Diversity Scholarship. Due to the current situation, this year’s EDP entitled, All the Crises, All the Time, will be a virtual event that will run from November 15-21. Tis important scholarship is open to women with two-three years’ experience in the land-based casino sector. Eligible candidates have to be employed by a direct or indirect member of the ECA who show ambition for holding a leadership position in gaming and a desire to further their professional education. Te process for selection will conclude by the end of October with the winner announced shortly after.


l Two very useful web resources (www.NevadaWorksTogether.com and www.TeManufacturingInstitute.org) continue to be active to assist gaming employees who have been furloughed or laid off, with new postings daily. Nevada Industry Excellence has recently secured funding for a new training program that gives up to $2,700 per hire for cross training gaming employees to work in new industries.


l Te Nevada Gaming Control Board recently rescinded its policy that now allows developers, manufacturers, or distributors of new games or gaming devices to be able to collect revenue during field trials, provided they are properly licensed to do so. Tis change of policy has been discussed for some time, but is thought to have been fast- tracked to assist suppliers during this challenging period.


l Tere has recently been a lot of activity surrounding unregulated and illegal gaming machines in the US. Earlier this year, AGEM and the AGA released a fact sheet designed to help combat the spread of unregulated machines in multiple markets throughout the US and is following these developments closely. In Virginia, legislation passed earlier this year to prohibit skill games, however, on July 1 the Governor proposed a 12- month reprieve applying a $1,200 per machine monthly fee to generate revenue for a COVID relief fund. In Pennsylvania, SB 1256 had a hearing, with its introduction aimed at expanding lawful VGTs beyond truck stops to other licensed establishments in the state. Te proposed expansion of VGTs and skill games will require them to go through the same full licencing procedures as slots. Casino operators have joined together to lobby against this expansion. In Missouri, a court ruling stated that an unregulated gaming machine popular in convenience stores constitutes a form of illegal gambling. Policymakers have been seeking clarity on the legality of skill games while they also consider legislation to authorise VLTs.


l AGEM recently welcomed House Advantage as a Bronze member. Te company headquartered in Las Vegas, with offices in Macau, Boston and Memphis, offers loyalty management platform for the marketing of casino, resort, leisure, and entertainment properties. AGEM members now number an all-time high of 185 companies globally.


Forthcoming Events l Te AGEM Memorial Awards in honour of Jens Halle and Peter Mead will take place as


a virtual video presentation on October 28 between 8:30-8:45am PT. Te ceremony, which usually takes place on the show floor of G2E, will still be aligned to the event on October 27-28. Te winners will be announced in the morning and a video will be posted for all to view after.


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