Casino Enterprise Management

After declining in three of the last four months, the AGEM Index witnessed its largest increase since April. During the month of August, the composite score of 17 global gaming suppliers rebounded 5.15 points, or 5.86 percent, to 93.04. While the latest movement is positive, it is important to note that the index remains down 20.3 percent from a year ago.

It’s hard to imagine there’s a business sector that creates and then revels in more drama surrounding its trade show options than the gaming industry. Even the fashion business, known for its flamboyant personalities and vocal divas, can’t compete with what we having going in the business of displaying the goods and services dedicated to gambling.

After a modest uptick last month, the AGEM Index retreated downward during the month of August, erasing the gains witnessed in the prior month of July. The composite score of 17 global gaming suppliers shrank 2.68 points, reaching a value of 87.89 by the close of August 2010.

The AGEM Index moved modestly upward in the middle of the second quarter earnings season. The composite score of 17 global gaming suppliers gained 1.68 points, reaching a value of 90.57 by the close of July 2010. The latest positive turn is welcome after falling sharply by 12.61 points and 14.69 points in May and June, respectively.

The AGEM Index declined by double digits for the second consecutive month, reaching a value of 88.89 points by the close of June 2010, making it the largest monthly decline in 20 months. Applied Analysis gives us a rundown of notable company and operator moves.

His cheeks were blushing from all of the fuss, but they could have just as well been pink from the burning of the flashbulb blasts. On a stage flooded in light and color and shrouded in theatrical smoke, the patriarch of the slot machine industry was his usual humble self as the Chinese photographers turned him into rock star with their barrage of camera clicks and bursts of light that bounced around the room.

The AGEM Index declined 10.9 percent, or 12.61 points, to close the month of May 2010 at 103.58. The latest movement represented the largest monthly decline during the past year and offset the gains reported during the preceding two months. Concerns among foreign financial markets, particularly in the European Union, continued to develop throughout the month, creating sharp losses amidst intermittent gains in the broader U.S. equities markets.

Pushing upward, the AGEM Index closed the month of April 2010 at 116.19, an increase of 8.1 percent from the 107.45 posted in March. The latest report places the AGEM Index with an annual gain of 54.5 percent, well above the broader United States equities markets including: NASDAQ Composite ; S&P 500 Index; and the Dow Jones Industrial Average, which broke the 11,000 mark during the month of April.

Significant movement in the broader markets, favorable reports from gaming operators and growth in selected gaming jurisdictions pushed the March 2010 AGEM Index into positive territory for the year as it rebounded from losses witnessed during the first two months of 2010.

By the end of February 2010, there was little movement in the AGEM Index, as the net impact of gains and losses for various global gaming suppliers remained relatively unchanged from the previous month. Earnings reports for the fourth quarter of 2009 are underway and the AGEM Index, similar to the broader equities markets, is reflecting investor reaction—one of caution.