AGEM MEMBERSHIP NEWS MEMBER PROFILE Company / Suzo-Happ Group
Web address /
www.suzohapp.com AGEM Membership level / Silver
Description / SUZOHAPP is a world leader in the
manufacturing and distribution of gaming, amusement, and sports betting products. SUZOHAPP carries a vast portfolio of components available for immediate distribution and for developing custom built solutions.
MEMBERSHIP NEWS
AGEM September Meeting Review l Over the past few months AGEM’s Compliance, Responsible Gaming, Mexico and Government Affairs Committees have been meeting to update and discuss some of the key working initiatives. Te Compliance Committee met recently and the consensus amongst the group was to focus on trying to work closer with the Pennsylvania Gaming Board with a goal to making the gaming lab approval time for land-based and online innovations and products, shorter and easier from an administrative standpoint. Te Responsible Gaming Committee shared their responsible gaming concerns, including problem gambling risks associated with payment systems, potential regulations surrounding social games and a discussion on potentially establishing an advisory committee that would add more weight to industry initiatives. Finally, the Government Affairs Committee is reviewing and finalising its political contribution and donation strategy for Nevada. AGEM also plans to sponsor a cocktail reception at the National Black Caucus of State Legislators conference being held in Las Vegas from November 28 to December 2, 2022.
MEMBER PROFILE Company / Cammegh Limited
Web address /
www.cammegh.com AGEM Membership level / Bronze
Description / Cammegh, a family run business
established in 1989, manufacture and develop roulette wheels and roulette technology, along with gaming
signage, and have built up an enviable reputation for innovation, quality and impeccable customer service.
l Executive Director, Daron Dorsey, will be meeting in the coming weeks with Nevada GCB Technology Division Chief, Jim Barbee, and GCB Member, Britnee Watkins, the Board member now tasked with oversight responsibility for the Technology Division. Tese communications follow AGEM’s goal of providing an ongoing dialogue with regulatory stakeholders on current issues affecting the supplier sector and AGEM’s desire to arrange for annual or twice-yearly interface between regulatory stakeholders and AGEM members, whether at monthly meetings or via the Compliance Committee.
l Te Clarion / ECA Symposium took place in London recently at Les Ambassadeurs Casino. AGEM’s Director of Europe, Tracy Cohen, was in attendance along with a group of around 35 attendees, consisting of decision-makers representing both casino operators and suppliers. Te format of the day followed a dynamic agenda consisting of an ‘open space’ allowing participants to personally set their own talking points with a focus on paving the way for the industry’s success and to secure post-pandemic growth. Te event provided a day full of high-level discussions, inspirational exchange and fruitful networking.
Forthcoming Events l Te AGEM Board of Directors / Voting Member Meeting takes place on August 31, 2022. Tis
MEMBER PROFILE Company / Asimex Global
Web address /
www.asimexglobal.com AGEM Membership level / Associate
Description / Asimex Global is a Mexican company providing international trade and logistics solutions between the American markets and the rest of the
world. With operations in the main ports, borders and airports of the country, as well as in the United States, Central and South America.
AGEM INDEX
The AGEM Index rose by 51.54 points in July 2022 to 862.93, rebounding 6.4 per cent from the previous month. Compared to one year ago, the index was down 62.39 points, or 6.7 per cent. During the latest month, 10 of the 12 AGEM Index companies reported stock price increases, which resulted in 10 positive contributions to the AGEM Index and two negative contributions. The largest positive contributor was Crane Co., which reported a 13.76-point gain to the index. Aristocrat Leisure contributed an 11.60-point gain to the index due to a 2.7 percent increase in its stock price. The largest negative contribution to the index was sourced to PlayAGS with an 8.1 per cent stock decline.
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.
P60 WIRE / PULSE / INSIGHT / REPORTS
will be the second meeting of FY23 with the more formal meeting format to conform with AGEM’s corporate governance requirements as a non-profit corporation. Te Executive Director and Officers are finalising the agenda, which will be sent out to attendees prior to the meeting. Items for discussion include an update of AGEM’s financial performance and overall operations, along with a discussion of the organisation’s proposed charitable, philanthropic and advocacy initiatives.
l Te first stand-alone AGEM Holiday Reception will take place on November 17, 2022, at Panevino Ristorante in Las Vegas. Historically, this event immediately followed conclusion of the AGEM/McMonigle Cup golf tournament, but it was decided to hold a mid-week ‘after work’ event where people could meet and socialise in an informal atmosphere at a convenient venue. If this new format is successful, it could be adopted for similar events every quarter or twice yearly to provide a collaborative environment for networking amongst members outside of trade shows.
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