The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – fell by 4.8% or 79.54 points to 1,564.82 points in December, with Aristocrat and Light & Wonder seeing the largest negative contributions.
The index was, however, 39.9% or 446.0 points higher compared with the same month in 2024, despite seven of the 12 AGEM Index companies reporting month-on-month stock price decreases.
The Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, said the largest negative contributor to the index in December was Aristocrat. Although the global supplier’s stock price actually increased by 0.9%, a change in the Australian to United States dollar exchange rate ultimately led to a 28.86-point loss to the index, AGEM said.
Light & Wonder also saw its stock price decline by 9.1%, leading to a 19.14-point loss.
According to AGEM, the largest positive contribution to the index was from Ainsworth Game Technology, whose 15.3% drop in stock price resulted in a 0.49-point loss to the AGEM Index.
AGEM said the AGEM Index rose by 34.0% over the course of 2024, ranking it as the fifth-fastest growing year since the index began in 2005.
Two of the three major US stock indices decreased from the prior period in December, with the Dow Jones Industrial Average falling by 5.3%over the month, while the S&P 500 fell by 2.5%. The NASDAQ increased by 0.5% from the prior month.