The AGEM Index – a monthly stock performance guide comprising 12 global gaming suppliers – fell by 9.3% month-on-month or 164.88 points to 1,615.74 points in March, with Aristocrat and Light & Wonder seeing the largest negative contributions.
The index was however 32.6% or 396.82 points higher compared with the same month in 2024 despite only five of the 12 AGEM Index companies reporting year-on-year stock price decreases. All 12 were down compared to February.
The Association of Gaming Equipment Manufacturers (AGEM), which compiles the index, said the largest negative contributor to the index in March was Aristocrat, which saw its stock price fall by 11.0% month-on-month – resulting in a 75.59-point loss to the index.
Light & Wonder also booked a 22.3% stock price decline, leading to a 49.37-point drop for the index.
The industry stock performances were among a broader decline for all three major US stock indices amid uncertainty over federal tariff and trade policies. The NASDAQ fell by 7.4% over the month, while the S&P 500 experienced a 5.4% dip and the Dow Jones Industrial Average a 4.2% decline.