Skip to Content

Tag Archives: Galaxy Gaming

US – Galaxy Gaming to pay $39m to Triangulum Partners as settlement

Galaxy Gaming, a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming, has entered into Settlement Agreement with its former Chairman and Chief Executive Officer, Robert Saucier, and Triangulum Partners on October 7 2021. The Settlement Agreement is conditioned upon the company paying Triangulum and Saucier $39.1m plus interest…

US – Galaxy expects online to grow with live dealer going live in Michigan

Galaxy Gaming, a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming, saw its revenue increase for the fiscal quarter ended June 30, 2021, from $664,000 to $4,749,0000. “The second quarter of 2021 showed a welcome improvement in our land-based business and continued growth in our online business,” said…

US – Crane, Transact and Galaxy help drive AGEM Index in July

In July 2021, the AGEM Index reported its first decline in eight months as it fell 70.06 points to 925.32 points. From a year-over-year perspective, however, the AGEM Index remained up 504.46 points (+119.9 percent). In the last month, only three of the 13 AGEM Index companies reported increases in stock price. The main contributor…

US – Galaxy Gaming buys High Variance Games portfolio

Galaxy Gaming, an independent developer and distributor of casino table games and technology, has bought the rights to the game portfolio of High Variance Games, including Super Blackjack, Super Texas Hold’em, Super Pai Gow, Three Card Stud Triple Draw, and Super Omaha Poker. “Galaxy Gaming has the distribution network I was looking for in a…

UK – Galaxy Gaming delivers first terrestrial Perfect Pairs Progressive with Aspers Casino

Galaxy Gaming has installed the first Perfect Pairs live gaming dual progressive jackpots across 11 tables with Aspers Westfield, Stratford. Galaxy Gaming delivered this new progressive as part of their partnership agreement with John Wicks, creator of Perfect Pairs, to exclusively provide a Perfect Pairs live gaming progressive jackpot on land-based table games in the…

UK – Galaxy Gaming secures progressive rights for Perfect Pairs in UK

Galaxy Gaming has reached an agreement with John Wicks, creator of Perfect Pairs, to exclusively provide a Perfect Pairs live gaming progressive jackpot on land-based table games in the United Kingdom. This development builds upon Galaxy Gaming’s continued success with Perfect Pairs in the iGaming space through its wholly-owned subsidiary, Progressive Games Partners. Perfect Pairs…

US – Spin Games’ and Galaxy Gaming announce online content licensing agreement

Spin Games, a North American leader in Remote Gaming Server (RGS) technology and interactive content, has entered into a content licensing agreement with Galaxy Gaming to deploy Galaxy’s popular table game content via Spin’s ROC Remote Gaming Server platform to customers in North America. Under the terms of the agreement, Spin will integrate Galaxy’s premium…

US – Galaxy Gaming reports 52 per cent 2020 revenue fall

Galaxy Gaming has announced a 52 per cent year-on-year revenue fall to $10,230K in 2020. Adjusted EBITDA decreased 84 per cent to $1,377K with a net loss of $2,209K compared to net income of $2,943K. Cash decreased 38 per cent to $5,993K, total long-term liabilities (gross) increased $4,033K to $52,015K and stockholders’ deficit decreased to…

US – Paul Omohundro appointed as Galaxy Gaming’s VP of Business Development

Galaxy Gaming has appointed Paul Omohundro as Vice President of Business Development, where he will be responsible for expanding Galaxy Gaming’s business through exploring new markets and discovering innovative products and services to further provide value to casino clients. Mr. Omohundro is an accomplished sales leader and business development executive with more than two decades…