The AGEM Index experienced a 1.5% decline, settling at 1,907.61 in November 2025, trailing behind both the Dow Jones Industrial Average and the S&P 500, despite reflecting a 16.0% increase compared to the previous year.
Among the three primary US stock indexes, two showed minor monthly gains: the Dow increased by 0.3%, and the S&P 500 rose by 0.1%, whereas the NASDAQ fell by 1.5%.
In November, six out of ten tracked gaming technology suppliers reported declines in stock prices, while four companies saw their stock prices increase.
Aristocrat Leisure Limited was the leading factor negatively impacting the index. Their shares dropped by 7.9%, contributing to a 57.13-point decrease. Likewise, Konami Corp. saw a 7.4% decline, resulting in a 54.52-point drop.
Light & Wonder Inc. emerged as the primary supporter of the index. The firm registered a remarkable 39.8% surge in stock prices, adding a substantial 100.73 points to the AGEM Index.
Additional month-over-month changes included:
- Agilysys down 2.0%
- Brightstar Lottery PLC down 6.1%
- Crane NXT down 11.0%
- Inspired Entertainment up 8.9%
- Galaxy Gaming up 1.9%
- Ainsworth Game Technology up 1.0%
- Transact Technologies down 5.7%
The index dropped by 29.02 points from October, while marking a 263.24-point increase from the previous year.
Per AGEM’s report, the monthly performance reflects changes in stock prices from 10 global suppliers listed on exchanges in the US, Australia, and Japan. The calculation uses adjusted month-end prices factoring in dividends and stock splits, weighted by estimated market capitalization. “For comparability, market capitalizations for manufacturers listed on foreign exchanges are converted to US dollar equivalents based on month-end figures.”
Established with a base value of 100 points in January 2005, the AGEM Index has gained significant traction.