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AGEM September 2018

Board of Directors Actions

AGEM September 2018

AGEM Board of Directors Actions – September 2018

Reed Expo Senior Vice President Melissa Ashley gave a short Global Gaming Expo preview presentation at the recent monthly meeting. She reported that pre-registration and booth space sales were trending up compared to 2017. In addition, the conference program was creating a lot of interest, especially with the introduction of the Sports Betting Symposium, as well as higher-quality, improved content and some exciting keynote speakers. New for this year will be a satellite media tour and media tower to improve press and public relations coverage of the show that has already seen an additional 25 news outlets request to attend.

AGEM recently announced a joint initiative with the European Casino Association and Clarion for a Gender Diversity Scholarship to attend the Executive Development Program—the prestigious gaming leadership course that takes place November 10-18 in Lake Tahoe, Nevada. By creating and awarding this scholarship to a female talent aspiring to the highest executive levels, these partners are demonstrating their support of industry diversity. Judging will be completed by the end of September and the winner announced early October.

UNLV International Gaming Institute Executive Director Bo Bernhard gave an in-person presentation at the September meeting to thank AGEM for its continued support, and also to update members on the organization’s progress. The institute was set up originally with just two staff members, and has grown substantially in a short space of time—it is just about to employ the 32nd member of the team. It has a truly global reach, having hit all six gaming continents with initiatives and events since its inception. One of its most high-profile events is the EDP mentioned above.

AGEM members recently approved a $10,000 contribution for renewal membership to the Nevada Council on Problem Gaming. This important nonprofit organization’s mission is to generate awareness, promote education and advocate for quality treatment and support resources for problem gambling in Nevada. AGEM is a proud supporter of this very worthwhile cause.

AGEM welcomed a new Associate member in September—Posiflex Business Machines based in Hayward, California. Since 1984, Posiflex has designed and manufactured POS and industrial touch terminals and kiosks for the gaming industry and many other verticals.

UPCOMING EVENTS

  • AGEM’s new website goes live on September 24, and reflects the organization’s messaging and objectives in an updated contemporary, fresh styling. The site provides information about the association, but importantly, spotlights the members themselves.
  • G2E 2018 will be held October 9-11 at the Sands Convention Center, Las Vegas. AGEM will once again have a booth at the show located just inside the main show floor entrance.

AGEM INDEX

The AGEM Index decreased in August 2018. The composite index finished the month at 565.39 points, a decline of 43.88 points or 7.76 percent, compared to July 2018. The AGEM Index reported a year-over-year increase for the 35th consecutive month, and has climbed 89.85 points, or 20.81 percent, since August 2017. During the latest period, seven of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price. Six manufacturers reported decreases in stock price during the month.

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