Associated tags: Galaxy, Galaxy Game, OTC, OTCQB
Locations: UNITED STATES, NORTH AMERICA, CANADA, SPLIT, LAS VEGAS, NV, US, UKRAINE, MIDDLE EAST
President and CEO of Galaxy Gaming, Matt Reback shared his excitement, stating, “We look forward to showcasing our premier table games and innovative solutions with our tribal partners at IGA 2024.
Key Points:
- President and CEO of Galaxy Gaming, Matt Reback shared his excitement, stating, “We look forward to showcasing our premier table games and innovative solutions with our tribal partners at IGA 2024.
- This powerful combination can transform the gaming floor for operators.”
Upgrade your casino floor with Galaxy Operating System (GOS), the cutting-edge game management system of the future.
- Visit the Galaxy Gaming booth to see the latest version of Dynamic Progressive complete with new themes, animations, and celebrations.
- Operators are invited to explore the possibilities at booth 770 and discover how Galaxy can elevate their gaming operations.
Retrieved on:
Wednesday, March 27, 2024
LAS VEGAS, March 27, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its annual meeting of stockholders will be held virtually on May 29, 2024, for stockholders of record as of April 2, 2024.
Key Points:
- LAS VEGAS, March 27, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its annual meeting of stockholders will be held virtually on May 29, 2024, for stockholders of record as of April 2, 2024.
- The Notice of Stockholders Meeting will be provided to stockholders of record as of April 2, 2024, in accordance with applicable statutes and regulations.
LAS VEGAS, March 26, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced corrections to certain financial information provided in the earnings release issued on March 25, 2024.
Key Points:
- LAS VEGAS, March 26, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced corrections to certain financial information provided in the earnings release issued on March 25, 2024.
- In the table that provided guidance for fiscal 2024, the growth rate for Net Revenue was miscalculated.
- The calculated growth rate at the midpoint of the guidance range is 6.1%, not the 2.4% that was in the original release.
- A corrected table is presented below.
Growth,
Fortification,
Digital,
FY,
Contra,
Baccarat,
EZ,
Recession,
GOS,
Galaxy,
OTCQB,
Collection,
Video game LAS VEGAS, March 25, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and year ended December 31, 2023.
Key Points:
- LAS VEGAS, March 25, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and year ended December 31, 2023.
- Excluding such credits, Adjusted EBITDA increased 10% in Q4 2023.
- Excluding such credits, Adjusted EBITDA increased 7% in FY 2023
“Q4 of 2023 marked a substantial improvement in operating results as compared to the previous quarter,” said Matt Reback, President and CEO.
- “We saw gross revenue increases of 25% and 23% in the quarter and the year, respectively, and our gross revenue in Q4 of 2023 was a record at $8.4 million.
LAS VEGAS, March 22, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its annual meeting of stockholders will be held virtually on May 29, 2024, for stockholders of record as of April 2, 2023.
Key Points:
- LAS VEGAS, March 22, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of online and land-based casino table games and enhanced systems, announced today that its annual meeting of stockholders will be held virtually on May 29, 2024, for stockholders of record as of April 2, 2023.
- The Notice of Stockholders Meeting will be provided to stockholders of record as of April 2, 2024, in accordance with applicable statutes and regulations.
LAS VEGAS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology, announced the appointment of Michael Ratner as the company's new Executive Vice President of Product.
Key Points:
- LAS VEGAS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology, announced the appointment of Michael Ratner as the company's new Executive Vice President of Product.
- Born and raised in South Africa, Ratner began his gaming career with Sun International, where he held various technical and managerial roles.
- "We are thrilled to welcome Michael as the latest casino gaming expert to join the Galaxy Gaming team.
- Ratner expressed his enthusiasm about joining Galaxy Gaming, stating, “I am honored and excited to join Galaxy Gaming at this pivotal moment.
Retrieved on:
Tuesday, January 23, 2024
Matt Reback, President and CEO of Galaxy Gaming, shared his excitement, stating, “We’re thrilled to showcase our premier table games and innovative solutions at ICE London.
Key Points:
- Matt Reback, President and CEO of Galaxy Gaming, shared his excitement, stating, “We’re thrilled to showcase our premier table games and innovative solutions at ICE London.
- This powerful combination consistently delivers positive outcomes for operators.”
This year’s stand will spotlight how Galaxy Gaming titles, progressives, and solutions are the Smarter Way To Play.
- A few highlights include:
Upgrade your table with Galaxy Operating System (GOS), the cutting-edge game management system of the future.
- Operators are invited to explore the possibilities at stand S8-320 and discover how Galaxy can elevate their gaming operations.
Retrieved on:
Thursday, January 4, 2024
Now available to play online with Draft Kings, Golden Nugget, and WynnBET in multiple states and coming soon to Canada, this launch marks the debut of Roulette Up in the iGaming space.
Key Points:
- Now available to play online with Draft Kings, Golden Nugget, and WynnBET in multiple states and coming soon to Canada, this launch marks the debut of Roulette Up in the iGaming space.
- Using its BETguard™ Remote Gaming Server (RGS) platform, ODDSworks is well suited to handle the high volume of play anticipated for these Galaxy Gaming Digital titles.
- Matt Reback, President and CEO of Galaxy Gaming commented: “We’re thrilled to partner with ODDSworks to introduce some of our best-in-class table games to online players in North America for the first time.
- ODDSworks will do everything in our power to make sure our casino partners and their players, love these games as much as we do.”
Retrieved on:
Thursday, November 30, 2023
LAS VEGAS, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ) has announced that it has signed an agreement with leading content provider Pragmatic Play extending the existing term for the licensing of Galaxy table game content across its portfolio of Live Casino and RNG gaming experiences.
Key Points:
- LAS VEGAS, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ) has announced that it has signed an agreement with leading content provider Pragmatic Play extending the existing term for the licensing of Galaxy table game content across its portfolio of Live Casino and RNG gaming experiences.
- Expanding on the existing success of 21+3® and Perfect Pairs® configured on Pragmatic Play’s Blackjack titles, this agreement will also extend Perfect Pairs® across Pragmatic Play’s Baccarat titles and enable further expansion across Galaxy’s catalogue of games.
- Matt Reback, President and CEO of Galaxy Gaming commented: “We’re thrilled to be extending and expanding our partnership with Pragmatic Play.
- Our continued partnership aligns with our long-term strategy to deliver the best table game content to operators and players everywhere.”
Irina Cornides, Chief Operating Officer at Pragmatic Play, said: “Pragmatic Play has enjoyed a successful partnership with Galaxy Gaming, and we’re delighted to deepen our cooperation as part of our continued product expansion.”
Retrieved on:
Monday, November 13, 2023
EBITDA,
OTCQB,
Galaxy,
CFO,
Galaxy Game,
Baccarat,
Digital,
Adjustment,
Forecasting,
EZ,
Table,
Growth,
GOS,
Recession,
Contra,
Risk management,
Video game,
Q2,
Q3 LAS VEGAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and nine months ended September 30, 2023.
Key Points:
- LAS VEGAS, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and nine months ended September 30, 2023.
- “We had a sequential decline in revenue in Q3 principally because sales of perpetual licenses were lower in Q3 than in Q1 and Q2.
- “Excluding those sales, revenue in GG Core was $3.8 million in Q3 ‘23 as compared to $3.9 million in Q3 ‘22.
- In GG Digital, revenue (net) was $1.8 million in Q3 ‘23 as compared to $2.0 million in Q3 ‘22.
