Business News • MarketWire • Association of Gaming Equipment Manufacturers (AGEM) Releases February 2011 Index |
Association of Gaming Equipment Manufacturers (AGEM) Releases February 2011 Index |
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Association of Gaming Equipment Manufacturers (AGEM) Releases February 2011 Index
LAS VEGAS, NV--(Marketwire - March 7, 2011) - The month of February witnessed the AGEM Index slightly retract from the previous month. Falling 1.2 percent, or 1.29 points, to 103.16, the index of 17 publicly traded global gaming suppliers now stands only faintly higher from where it was a year ago. Major gains were sourced to manufacturers with headquarters outside the United States. Largely from sales to new Singapore casinos, Aristocrat returned a favorable annual profit and higher dividends than in 2009. Konami's reported stock gain was largely based on its diversification into other markets by unveiling a popular new game title from its video game software division. The AGEM Index has stayed relatively stable over the last 90 days, when making prior year comparisons, suggesting both good and bad: investors are willing to hold shares in the long term, but the index as a whole is in no longer on the same recovery path as the broader markets.
View More : http://www.marketwire.com/mw/release.do?id=1407161&sourceType=3
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