The AGEM Index, a monthly measure tracking the stock performance of 10 major global gaming equipment suppliers, fell by 75.93 points in December 2025 to close at 1,831.68. This marked a 4.0% decline from November’s total, according to the Association of Gaming Equipment Manufacturers (AGEM).

The monthly drop was driven by declines in seven out of the 10 constituent companies, with the most significant negative impact coming from Japan-based Konami Corp. A 10.5% fall in Konami’s stock price during the month translated to a 64.20-point reduction in the index. U.S.-listed Crane NXT Co also contributed to the decline with a 16.4% drop in its share price, corresponding to a 14.12-point loss.

Despite the month-on-month downturn, the AGEM Index remained substantially higher than a year earlier. Compared to December 2024, the index has increased by 17.1%, or 266.86 points.

On the positive side, Light & Wonder Inc. was the leading contributor to the index in December. The company’s stock rose by 3.0%, adding 8.01 points to the overall index value. Other companies posting gains included Inspired Entertainment Inc., which recorded a 13.9% increase in its share price and contributed 1.11 points, and Galaxy Gaming Inc., up 4.4% with a marginal 0.10-point lift.

Among the remaining index members, Agilysys saw a 3.4% decline in share price, subtracting 3.56 points from the index. Aristocrat Leisure Limited registered a 0.3% decrease, contributing to a 2.05-point loss.

Ainsworth Game Technology, Brightstar Lottery PLC, and Transact Technologies also recorded month-on-month stock price declines, resulting in smaller downward pulls on the index.

In December, two of the three major US stock indices decreased from the prior month. The NASDAQ fell by 0.5% over the month, while the S&P 500 experienced a 0.1% decrease. Meanwhile, the Dow Jones Industrial Average rose by 0.7% from the prior period.