AGEM releases April 2021 Index

April 2021

The AGEM Index increased by 94.30 points to 858.43 points in April 2021, a 12.3 percent gain from March 2021. In the last month, the majority of AGEM Index companies reported increases in stock price, with 11 posting positive contributions and two recording negative contributions to the index.

 
The AGEM Index's April 2021 growth was driven by a 51.9 percent increase in the stock price of Scientific Games Corporation (Nasdaq: SGMS), which rose from $38.52 to $58.52. The stock was responsible for 49.89 points of the AGEM Index's monthly growth. Another significant index contributor in April was Aristocrat Leisure Limited (ASX: ALL), which added 30.91 points due to an 8.2 percent stock price gain from $34.35 to $37.17.

 
The major stock indices also performed well over the month as the Nasdaq and the S&P 500 experienced monthly gains of 5.4 percent and 5.2 percent, respectively, while the Dow Jones Industrial Average grew by 2.7 percent.
 
The AGEM Index
The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 13 global gaming suppliers throughout the world. A total of nine 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. Company stock prices and AGEM Index contributions may be revised as necessary due to stock splits, reverse stock splits, mergers, acquisitions and other business activities.
 
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 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.
 
The 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.