AGEM Membership News MEMBER PROFILES
1 Company Spintec Gaming Technology Web address
www.spintec.si AGEM Membership level Bronze Description Spintec, a Slovenia-based company, is a developer, designer, producer and supplier of innovative Electronic Table Games. Their compact and amphitheatre gaming solutions are well known for their cutting-edge design and technical perfection.
2 Company Global Gaming Business (GGB) Web address
www.ggbmagazine.com AGEM Membership Associate Description Distributed to 14,000 of the industry’s most important executives around the world, as well as public officials, regulators, attorneys and Native American governments, Global Gaming Business Magazine is the casino industry’s complete source for business information.
3 Company Global Gaming Gambling Group (G4) Web address
www.gx4.com AGEM Membership Associate Description G4 is a group of international experts in the field of problem gambling and responsible gambling from different parts of the world. Their renowned accreditation programme is focused for land-based, online and lottery operators as well as software and technology suppliers.
AGEM INDEX
The AGEM Index increased by 93.30 points to 1,423.49 in July 2024, a 7 per cent increase from the prior month. Compared to one year ago, the index climbed 30.1 per cent, or 329.33 points. During the latest month, 10 of the 12 AGEM Index companies reported stock price increases, which resulted in 11 positive contributions and one negative contribution to the AGEM Index. The largest positive contributor was Aristocrat Leisure, whose 9 per cent increase in stock price led to a 34.13-point gain to the index. IGT saw its stock price increase by 14.7 per cent, leading to a 16.59-point gain for the index. The lone negative contributor to the index was PlayAGS Inc., whose 0.4 per cent decrease in stock price resulted in a 0.05-point loss to the AGEM Index.
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.
AGEM AUGUST 2024 RECAP 1 Daron Dorsey, AGEM Executive Director, provided an update to members on some significant recent developments in Brazil. Tose included the July 31 actions by Brazil’s Ministry of Finance to publish a regulatory ordinance outlining technical requirements for a wide range of online casino games that may be offered by operators licensed under the December 2023 law, including online slots, table games, crash games and live casino content. Separately, on August 8, Brazil’s Senate held a plenary debate on a sweeping bill to authorise land-based casino-resorts and bingo halls. Final votes on that bill are not expected until late 2024 or beyond.
2 AGEM also briefly discussed recent activity in Mexico surrounding the country’s 2023. Recent court decisions in certain cases undertaken by the industry against the reform decree have resulted in favou2rable findings and injunctions. Due to these recent events, a final appellate or high court ruling about the constitutionality of the reform decree appears likely in the coming months. Clear guidance and a return to pre-November 2023 treatment of suppliers would be a welcomed development.
3 Connie Jones, AGEM Director of Responsible Gaming, attended the National Conference on Gambling Addiction & Responsible Gambling, which took place in San Diego in July. AGEM is a proud sponsor of this event which brought
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together world-class presenters and drew a record attendance of more than 600 participants. Covering all aspects of Problem and Responsible Gaming, the excellent programme saw five sessions running concurrently each hour for the two days of the event. Ms. Jones represented AGEM at the event and chaired a session on Women Transforming Sports Betting, where she noted the importance of these gatherings to keep up-to-date with changes in a rapidly expanding industry and a continued focus on research, education and treatment, especially efforts in those areas related to young persons.
FORTHCOMING EVENTS 1 September is Responsible Gaming Education Month (RGEM) led by the American Gaming Association. AGEM is hosting a virtual roundtable and panel discussion with industry experts on September 17, 2024, at 9:00 am PST. Tose interested should contact Connie Jones for invitation details.
2 Te two worthy recipients of the 2024 AGEM Memorial Awards Honouring Jens Halle and Peter Mead will be announced in the coming weeks. Te winners will be presented with their awards at a special event during G2E hosted by AGEM on Wednesday October 9 at 2pm in the G2E Networking Lounge. All AGEM members and friends are invited to attend the reception and to toast this year’s exceptional recipients.
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