The AGEM Index reported a year-over-year increase for the 31st consecutive month and has climbed 159.83 points, or 43.02%, since April 2017.
During the latest period, six of the 13 global gaming equipment manufacturers reported month-to-month increases in stock price. Seven manufacturers reported decreases in stock price during the month.
During the past month, Crane Co. released results for its quarterly period ending in March 2018. Total revenues during this quarter increased by US$125.7 million over the same period last year, growing by 18.7% to reach US$799.1 million.
Scientific Games Corporation has been active in developing new promotions and renewing existing contracts. During April, the company announced a series of Monopoly slot tournament events in partnership with Princess Cruises in which winners will compete for US$200,000 on a Princess cruise. The firm has also extended its contract with the Kentucky Lottery Corporation for another eight years to provide instant games within the state. Additionally, Kentucky will begin to use Scientific Games’s Cooperative Services Program, a logistical system used to maximise retail sales performance.
Aristocrat Leisure Limited has also been active in finding new clientele, and during April the company announced that it installed its Oasis 360 system at Ocean Downs Casino in Berlin, Maryland. This marks the fifth Churchill Downs property to host the Oasis 360 system.
In order to best provide for the needs of its customers, Agilysys opened a new high-volume integration and configuration facility in April.
PlayAGS Inc. was active at the National Indian Gaming Association’s 2018 Indian Gaming Tradeshow & Convention, featuring its new Orion Slant slot cabinet design and its new comprehensive slot/table progressive ecosystem.
Source: GMB / Casino Review
