AGEM Index Rises 2.9% In August 2026
The AGEM Index, which tracks nine of the world's biggest gaming equipment suppliers, rose 54.48 points, or 2.9%, to 1,929.25 in August 2026, as gains at Light & Wonder and Konami offset a decline at Aristocrat Leisure.
Four of the nine companies in the index posted stock price increases during the month, producing four positive contributions against five negative ones, according to Casino Life Magazine.
Light & Wonder Inc, listed on the ASX, was the biggest positive contributor, with its share price up 15.5%, adding 40.57 points to the index. Konami Corp, listed in Tokyo, added a further 33.85 points on a 7.1% share price gain. Aristocrat Leisure Limited was the largest drag, its 4.9% fall costing the index 24.61 points. Despite the monthly rebound, the AGEM Index remains 2.7% below its level a year earlier.
The broader US market also strengthened in August, with the Nasdaq up 3.9%, the S&P 500 up 2.6% and the Dow Jones Industrial Average up 1.3%, providing a favourable backdrop for the index's gaming-supplier constituents.
About The Index
The AGEM Index is produced monthly by the Association of Gaming Equipment Manufacturers and covers nine suppliers of electronic gaming devices, systems, lotteries and components: five listed in the United States, three on the Australian exchange and one in Tokyo.
It is calculated from month-end share prices, adjusted for dividends and splits and weighted by approximate market capitalisation, with a base value of 100 points set in January 2005.
The index and its accompanying analysis are prepared for AGEM by Applied Analysis, a Nevada-based advisory firm, and offer one of the clearest monthly snapshots of how investors are pricing the suppliers behind online casino and live casino content worldwide.
Building On A Stronger July
August's gain follows an even sharper rise in July 2026, when the AGEM Index climbed 9.8%, or 167.62 points, to 1,874.77, according to G3 Newswire. Two months of gains have not been enough to erase the index's year-on-year decline, underlining how much ground gaming supplier stocks lost earlier in the year before the recent rebound.
The index is one of the few standing monthly benchmarks investors and operators can use to track sentiment toward the equipment and technology side of the casino industry, separate from the retail and online operator stocks that dominate most gambling coverage.
Casino Games Hub
Monthly Index Relevance
Gaming-equipment suppliers such as the nine companies tracked by the AGEM Index make much of the hardware and content, from slot cabinets to server-based systems and live and RNG game libraries, that underpins both land-based casino floors and online casino sites.
That gives the monthly index relevance well beyond the US casino floors where several of its constituents are headquartered, and makes it a useful gauge for how investors are pricing the supply side of the industry rather than the retail operators most gambling coverage focuses on.
Applied Analysis, the Nevada-based advisory firm that compiles the index each month, notes that constituent weightings are revised as needed for stock splits, mergers, acquisitions and other corporate actions, so month-to-month comparisons can shift slightly beyond pure share-price moves.
