LAS VEGAS, July 09, 2018 (GLOBE NEWSWIRE) -- The AGEM Index declined slightly in June 2018. The composite index finished the month at 546.37 points, a decline of 7.69 points or 1.39 percent, compared to May 2018. The AGEM Index reported a year-over-year increase for the 33rd consecutive month and has climbed 124.41 points, or 29.49 percent, since June 2017.

Infographics accompanying this announcement are available at:

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During the latest period, five of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price. Eight manufacturers reported decreases in stock price during the month.

The major stock market indices outperformed the AGEM Index during the month. The S&P 500 reported a month-to-month increase of 0.48 percent to 2,718.37. The Dow Jones Industrial Average decreased 0.59 percent to 24,271.41, while the NASDAQ increased 0.92 percent during the period to 7,510.30.

Positive contributors to the June 2018 AGEM Index included the following:

# Konami Corp (TYO: 9766) contributed 8.52 points due to a 10.37 percent increase in stock price to ¥5,640. # Aristocrat Leisure Limited (ASX: ALL) reported a 2.86 percent increase in stock price to AU$30.90, contributing 1.47 points.

Selected negative contributors included the following:

# With its stock price falling 17.12 percent to $49.15, Scientific Games Corporation (SGMS) contributed negative 11.19 points. # International Game Technology PLC (IGT) reported a 6.82 percent decrease in stock price to $23.24, contributing negative 4.73 points.

Scientific Games Corporation (SGMS) achieved a number of milestones during the month of June. First, Scientific Games announced that it would be implementing the Delaware Lottery’s expansion into full-scale sports betting in the wake of the U.S. Supreme Court’s decision in May that overturned the federal ban on legalized sports wagering. Prior to the ruling, Scientific Games had offered limited betting in Delaware in compliance with the state’s partial exemptions from federal law. Scientific Games also won “Best Casino Platform Supplier” at the 2018 EGR North America Awards. EGR North America is the North American branch of EGR, the leading news and market research platform for online gaming companies. Scientific Games won on the strength of its Open Gaming System and its Open Platform System, which bring a robust library of over 2,000 games and top-of-the-line technology to gamers.

Everi Holdings Inc. (EVRI) extended its multi-year development and distribution agreement with GAN PLC. The agreement calls for the development and distribution of 10 online slot games. Three of these games will be upgraded versions of existing online games (Total Meltdown, Carnival in Rio and Starry Night) and will be adapted to HTML 5 Client Applications. HTML 5 is the fifth version of the HTML web language used to code webpages. The other seven new games will be developed in HTML 5.

During the month of June, Konami Corp. (TYO: 9766) released its financial results for its fiscal year 2018 ending in March 2018. During FY18, Konami’s total revenues increased 4.2 percent, growing from ¥229.9 billion in FY17 to ¥239.5 billion in FY18. Operating profits during FY18 were a record high, growing from ¥36.4 billion in FY17 to ¥45.2 billion in FY18. Operating profit margins were also strong, increasing by 3.1 percent during FY18, growing from 15.8 percent in FY17 to 18.9 percent in FY18. A key development in FY18 for Konami’s Gaming and Systems Division was that Carnival Corporation & plc selected Konami’s SYNKROS system to be implemented across its entire fleet of more than 100 ships. The SYNKROS system provides real-time slot machine data management, customer information and accounting systems. The system is also capable of providing data analytics for casino operators.

During June, PlayAGS Inc. (AGS) acquired Gameiom Technologies Limited, a United Kingdom-based iGaming aggregation service that will help PlayAGS launch an iGaming division. It will also help distribute AGS games and sports-betting integration to operators. AGS completed the acquisition of Gameion for $5 million in cash, and it intends to retain Gameion’s senior leadership to facilitate the acquisition process.

The AGEM IndexThe Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 13 global gaming suppliers throughout the world. A total of eight suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while two trade on the Australian exchange, one on the Tokyo exchange, and another trades on the Taiwan OTC exchange. The index is computed based on the month-end stock price (adjusted for dividends and splits) of each company and weighted based on approximation of market capitalization. Market capitalizations for manufacturers trading on foreign exchanges have been converted to US dollar-equivalents as of month-end for comparability purposes. The AGEM Index is based on a 100-point value as of January 2005.

About AGEMAGEM 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 organization. Together, AGEM and its member organizations have assisted regulatory commissions and participated in the legislative process to solve problems and create a positive business environment.

AGEM IndexThe AGEM index and overview is prepared by Applied Analysis (AA). AA is a Nevada-based advisory services firm providing consultation services for public and private entities. The company utilizes extensive experience in economics, information technology and finance to provide a wide range of services, including urban economic consulting, financial advisory services, market analysis, public policy analysis, hospitality industry and gaming consulting, and information system and technology consulting.

AGEM Membership Roster

AGEM Gold Members: AGS, Ainsworth Game Technology, Aristocrat Technologies, Everi, International Game Technology (IGT), Konami Gaming, Merkur Gaming, NOVOMATIC Group, Scientific Games and Sega Sammy CreationAGEM Silver Members: Action Gaming, Aruze Gaming America, Betson Enterprises, Casino Technology, Crane Payment Innovations (CPI), Gaming Partners International (GPI), Inspired Gaming, JCM Global, Ortiz Gaming, Quixant PLC, Suzo-Happ Group, TCSJohnHuxley, TransAct Technologies and ZitroAGEM Bronze Members: Abbiati Casino Equipment, Ace Systems, Alfastreet, Amatic Industries, APEX gaming, Astro Corp., BetConstruct, Bingotimes Digital Technology, Cammegh Limited, Century Gaming Technologies, Ceronix / GETT, CG Technology (CGT), Cole Kepro International, DR Gaming Technology (DRGT), Euro Games Technology (EGT), Exacta Systems, FBM, Galaxy Gaming, Gamblit Gaming, GameCo, Gaming Arts, Gaming Support, Glory Global Solutions, Grand Vision Gaming, Incredible Technologies, Interblock USA, Jackpot Digital, Jumbo Technology, Matsui Gaming Machine Co., Metronia, PariMAX, Patriot Gaming & Electronics, PDS Gaming, RCT Gaming, Spintec, Table Trac, Vantiv Entertainment Solutions, Weike Gaming Technology, Wells-Gardner Technologies and Win SystemsAGEM Associate Members: : 3M Touch Systems, Adlink Technology, Advantech-Innocore, Agilysys, AMD, ArdentSky, Arrow International, Asimex Global, Atrient, Automated Cashless Systems, Automated Systems America, Inc. (ASAI), Axiomtek, BDO USA, British Group Interactive (BGI), Capco, CardConnect, Carmanah Signs, Casino Screens, Catapult Global, CDC Gaming Reports, CMC Trading Engineering (International) Ltd, Comer Holdings, Comtrade Gaming, Cooper Levenson, Deloitte LLP, Digital Instinct, DiTronics Financial Services, Dominode, Duane Morris LLP, E4 Gaming, EFCOtec Corporation, Eilers & Krejcik Gaming, Elite Gaming Technology, Fantini Research, Finnegan, Henderson, Farabow, Garrett & Dunner, Fox Rothschild, G2 Game Design, Gambling Compliance, Gamesman, Gaming Capital Group, Gaming Specialized Logistics, GAN, Ganlot, Gary Platt Manufacturing, Gasser Chair Company, Genesis Interactive Technologies, GET IN Global, Global Gaming Business (GGB) Magazine, Global Gaming Group (G3), Greenberg Traurig, House Advantage, Howard & Howard, Impact Display Solutions, Intel, IPS, James Industries, James Industry Research Group, Jones Walker, JP Morgan Chase, KEY-BAK, Kiron Interactive, Kontron, Lazcano Sámano, Lewis Roca Rothgerber Christie, Lightstone Solutions, Majestic Realty, Millennial Esports, NanoLumens, Nanoptix, Olsen Gaming / Spectronix, Outpost Creative, Patir Casino Seating, Plus Studios, Portilla Ruy-Díaz y Aguilar, Proforma GPS, Regulatory Management Counselors (RMC), Rising Digital, RMMC, RSM US LLP, SAP, SCA Gaming, Shenzhen General Lottery Technology Co., Sightline Payments, Skilled Game Development, Slot Constructor, Southco, Southwest Manufacturing Services, Spin Games, StylGame USA, Taft Stettinius & Hollister, Talent Associates, The Bright Group, The United States Playing Card Company, Touch Dynamic, Tournament One, TOVIS, TraffGen USA, Veridocs, Wells Fargo, Young Electric Sign Company (YESCO) and Zebra Technologies

For More Information, Contact: Marcus Prater, Executive Director P.O. Box 50049, Henderson, NV 89016-0049 702.812.6932 | AGEM.org@cox.net