The Association of Gaming Equipment Manufacturers (AGEM) Index fell by 9.2 percent in March compared with the prior month, and declined by 8.9 percent year-on-year.
During the month, seven of the nine AGEM Index companies reported stock price decreases, resulting in eight negative contributions and one positive contribution to the index.
The largest negative contributor was Aristocrat Leisure Limited, whose 5.7 percent decline in stock price led to a 58.84-point loss for the index.
Meanwhile, Konami Corp. saw its stock price decrease by 7.2 percent, contributing a 49.54-point decline.
The sole positive contributor was Galaxy Gaming Inc., whose 17.6 percent increase in stock price resulted in a 0.28-point gain to the AGEM Index.
In March, all three major U.S. stock indices declined from the previous month. The Dow Jones Industrial Average fell by 5.4 percent, while the S&P 500 dropped by 5.1 percent. The NASDAQ declined by 4.8 percent over the same period.
