March 2026
The AGEM Index fell by 149.30 points to 1,472.20 in March 2026, a 9.2 percent decrease from the prior month. Compared to one year ago, the index declined by 8.9 percent, or 143.54 points. During the latest month, seven of the nine AGEM Index companies reported stock price decreases, which resulted in eight negative contributions and one positive contribution to the index.
The largest negative contributor to the monthly index was Aristocrat Leisure Limited (ASX: ALL), whose 5.7 percent decrease in stock price led to a 58.84-point loss to the index. Meanwhile, Konami Corp. (TYO: 9766) saw its stock price decrease by 7.2 percent, leading to a 49.54-point decrease for the index. The lone positive contributor to the index was Galaxy Gaming Inc. (OTCMKTS: GLXZ), whose 17.6 percent increase in stock price resulted in a 0.28-point gain to the AGEM Index.
In March, all the three major U.S. stock indices decreased from the prior month. The Dow Jones Industrial Average fell by 5.4 percent over the month, while the S&P 500 experienced a 5.1 percent loss. Meanwhile, the NASDAQ declined by 4.8 percent from the prior month.
The AGEM Index
The Association of Gaming Equipment Manufacturers (AGEM) produces the monthly AGEM Index that comprises nine global gaming suppliers throughout the world. A total of five suppliers are based in the United States and are listed on the NYSE, Nasdaq or OTC market, while three trade on the Australian exchange and one on the Tokyo exchange. The index is computed based on the month-end stock price (adjusted for dividends and splits) of each company and weighted based on approximation of market capitalization. Market capitalizations for manufacturers trading on foreign exchanges have been converted to US dollar-equivalents as of month-end for comparability purposes. The AGEM Index is based on a 100-point value as of January 2005. Company stock prices and the AGEM Index contributions may be revised as necessary due to stock splits, reverse stock splits, mergers, acquisitions and other business activities.