The AGEM Index fell by 164.88 points to 1,615.74 in March 2025, a 9.3 percent decline from the prior month.
Compared to one year ago, the index rose 32.6 percent, or 396.82 points. During the latest month, each of the 12 AGEM Index companies reported stock price decreases, which resulted in 12 negative contributions to the AGEM Index.
The largest negative contributor to the monthly index was Aristocrat Leisure Limited (ASX: ALL), whose 11.0 percent decrease in stock price led to a 75.59-point loss to the index. Meanwhile, Light & Wonder Inc. (NASDAQ: LNW) saw its stock price decrease by 22.3 percent, leading to a 49.37-point decrease for the index.
The industry stock performances were among a broader decline for all three major U.S. stock indices amid uncertainty over federal tariff and trade policies. The NASDAQ fell by 7.4 percent over the month, while the S&P 500 experienced a 5.4 percent dip. Meanwhile, the Dow Jones Industrial Average fell by 4.2 percent from January.
The AGEM Index
The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises 12 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 and one on the Tokyo 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.
About AGEM
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.
