The Association of Gaming Equipment Manufacturers (AGEM) has revealed the last indicators for 2021. In December 2021, the AGEM Index improved by 11.39 points to 971.59, marking a 1.2 percent upsurge from the prior month. In the latest period, seven of the AGEM Index companies reported stock price increases. This ultimately led to eight companies posting positive contributions to the overall index.
From the 12 global gaming suppliers, top contributors for this month were International Game Technology, whose 7.0 percent rise in stock price led to a 7.98-point gain for the index, and Scientific Games, adding 5.65 points as a result of its 4.6 percent rise in stock price.
Taking an annual balance of this statistic, after a difficult 2020 due to the pandemic, the land-based gaming industry had a good recovery in 2021. The AGEM Index only showed month-on-month drops in July 2021 (7 percent) and in November 2021 (10.9 percent). In the other months of last year, there were month-on-month gains: January 2021 (+1.3 percent vs. December 2020); February 2021 (+8 percent); March 2021 (+1.6 percent); April 2021 (+12.3 percent); May 2021 (+14.1 percent); June 2021 (+2.6 percent); August 2021 (+9.5 percent); September 2021 (+3.3 percent); October 2021 (+3 percent) and the one mentioned above December 2021 (+1.2 percent). In total, the rise of the AGEM Index in 2021 was 39%.
Besides, all three major U.S. stock indices augmented last December 2021, with the Dow Jones Industrial Average and the S&P 500 experiencing progresses of 5.4 percent and 4.4 percent, respectively. Meanwhile, the NASDAQ has a 0.8 percent growth.
The AGEM Index and overview is prepared by Applied Analysis (AA), a Nevada-based advisory services firm providing consultation services for public and private entities.