AGEM Index decreases by 0.7% in July, with Aristocrat making the biggest positive impact


The Association of Gaming Equipment Manufacturers (AGEM) has disclosed its latest AGEM Index results for July. In this period, the AGEM Index declined by 13.52 points, landing at 1,889.77, representing a slight decrease of 0.7 percent compared to the previous month. On a year-over-year basis, the index has increased by 32.8 percent, equivalent to 466.28 points.

The AGEM Index serves as a monthly indicator of stock performance for 10 global gaming companies. In the most recent month, seven out of the 10 AGEM Index firms experienced stock price gains, resulting in seven positive contributions and three negative contributions to the Index’s performance.

Aristocrat Leisure Limited (ASX: ALL) made the most significant positive impact on the monthly index, finishing with a 7.5 percent stock price increase that contributed 48.40 points to the index. Additionally, Crane NXT Co (NYSE: CXT) saw a 10.1 percent rise in stock price, contributing 10.00 points to the index.

Konami Corp. (TYO: 9766) was the biggest negative contributor to the index, suffering a stock price drop of 10.1 percent, which led to a 67.58-point decline in the AGEM Index.

AGEM Index Companies

Two acquisitions involving AGEM Index companies were finalized in the past month. Brightstar Capital Partners concluded its $1.1 billion acquisition of PlayAGS, Inc., resulting in the company’s transition to private status and its delisting from the New York Stock Exchange (NYSE).

In another notable deal, an affiliate of Apollo Global Management acquired the gaming and digital business units of International Game Technology PLC and Everi Holdings Inc. for a combined total of $6.3 billion. Both the newly separated IGT subsidiary and Everi have gone private and are no longer listed on the NYSE.

It’s important to note that IGT’s lottery business was not part of this transaction and continues to be listed on the NYSE under the name Brightstar Lottery (NYSE: BRSL).

In July, two out of the three major U.S. stock indices showed growth compared to the previous month. The NASDAQ surged by 2.0 percent, while the S&P 500 increased by 0.6 percent. Conversely, the Dow Jones Industrial Average observed a decline of 2.0 percent from the earlier period.





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