After declining three of the last four months, the AGEM Index witnessed its largest increase since April. During the month of September, the composite score of 17 global gaming suppliers rebounded 5.15 points, or 5.86 percent, to 93.04 points. While the latest movement is positive, it is important to note that the index remains down 20.3 percent from a year ago. Additionally, the AGEM Index fell short of the gains reported in the broader equity markets as the Dow Jones Industrial Average and Standard and Poor’s 500 Index increased 7.7 percent and 8.8 percent, respectively, during the month of September. The AGEM Index is largely driven by the performance of slot manufacturers, which has remained relatively weak due to many casino operators reducing their capital expenditures during the latest business cycle.