Effective August 30, 2024, Gavin Isaacs will Resign from the Board of Directors of Galaxy Gaming, Inc. to pursue other opportunities
Galaxy Gaming, Inc. (OTCQB: GLXZ) announced that Gavin Isaacs will resign from the Board of Directors effective August 30, 2024. Isaacs has been a board member since June 2019. The company will not immediately fill his position but will consider doing so in the coming months. Mark Lipparelli, Chairman of Galaxy's Board, praised Isaacs' contributions, stating he has been a great asset and integral to the company's success and growth over the past five years. Lipparelli highlighted Isaacs' role in positioning the company to pursue new opportunities and expressed gratitude for his insights and expertise.
Galaxy Gaming, Inc. (OTCQB: GLXZ) ha annunciato che Gavin Isaacs si dimetterà dal Consiglio di Amministrazione a partire dal 30 agosto 2024. Isaacs è stato membro del consiglio da giugno 2019. L'azienda non riempirà immediatamente la sua posizione, ma valuterà la possibilità di farlo nei prossimi mesi. Mark Lipparelli, presidente del Consiglio di Galaxy, ha elogiato i contributi di Isaacs, affermando che è stato una grande risorsa e un elemento fondamentale per il successo e la crescita dell'azienda negli ultimi cinque anni. Lipparelli ha evidenziato il ruolo di Isaacs nel posizionare l'azienda per perseguire nuove opportunità e ha espresso gratitudine per le sue intuizioni e competenze.
Galaxy Gaming, Inc. (OTCQB: GLXZ) anunció que Gavin Isaacs renunciará a la Junta Directiva a partir del 30 de agosto de 2024. Isaacs ha sido miembro de la junta desde junio de 2019. La compañía no llenará inmediatamente su puesto, pero considerará hacerlo en los próximos meses. Mark Lipparelli, Presidente de la Junta de Galaxy, elogió las contribuciones de Isaacs, afirmando que ha sido un gran activo e integral para el éxito y el crecimiento de la empresa en los últimos cinco años. Lipparelli destacó el papel de Isaacs en el posicionamiento de la empresa para buscar nuevas oportunidades y expresó su agradecimiento por sus perspectivas y experiencia.
Galaxy Gaming, Inc. (OTCQB: GLXZ)는 Gavin Isaacs가 2024년 8월 30일부로 이사회에서 사임할 것이라고 발표했습니다. Isaacs는 2019년 6월부터 이사로 활동해왔습니다. 회사는 그의 자리를 즉시 채우지 않을 것이며, 향후 몇 달 내에 채우는 것을 검토할 것입니다. Mark Lipparelli, Galaxy 이사회 의장은 Isaacs의 기여를 칭찬하며, 그는 회사의 성공과 성장에 있어 큰 자산이자 핵심 인물이었다고 언급했습니다. Lipparelli는 Isaacs가 회사를 새로운 기회를 추구하게끔 자리 잡는데 기여한 역할을 강조하며 그의 통찰과 전문성에 대한 감사를 표했습니다.
Galaxy Gaming, Inc. (OTCQB: GLXZ) a annoncé que Gavin Isaacs démissionnera du Conseil d'Administration à compter du 30 août 2024. Isaacs est membre du conseil depuis juin 2019. L'entreprise ne remplira pas immédiatement son poste, mais envisagera de le faire dans les mois à venir. Mark Lipparelli, Président du Conseil de Galaxy, a loué les contributions d'Isaacs, affirmant qu'il a été un atout majeur et essentiel au succès et à la croissance de l'entreprise au cours des cinq dernières années. Lipparelli a souligné le rôle d'Isaacs dans le positionnement de l'entreprise pour poursuivre de nouvelles opportunités et a exprimé sa gratitude pour ses connaissances et son expertise.
Galaxy Gaming, Inc. (OTCQB: GLXZ) gab bekannt, dass Gavin Isaacs mit Wirkung zum 30. August 2024 aus dem Vorstand zurücktritt. Isaacs ist seit Juni 2019 Mitglied des Vorstands. Das Unternehmen wird seine Position nicht sofort neu besetzen, aber in den kommenden Monaten darüber nachdenken. Mark Lipparelli, Vorsitzender des Vorstands von Galaxy, lobte die Beiträge von Isaacs und erklärte, dass er ein großer Gewinn und ein wesentlicher Bestandteil des Erfolgs und Wachstums des Unternehmens in den letzten fünf Jahren war. Lipparelli hob Isaacs' Rolle bei der Positionierung des Unternehmens zur Verfolgung neuer Chancen hervor und drückte seine Dankbarkeit für dessen Einsichten und Expertise aus.
- Board member's contributions praised for company growth and success
- Company positioned to pursue new opportunities
- Loss of experienced board member with over 5 years of service
LAS VEGAS, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games, enhanced systems for land-based casinos and iGaming content, announced today that Gavin Isaacs, a member of the Company’s Board of Directors since June of 2019, announced his intention to resign from the Board of Directors effective August 30, 2024. The Company will not immediately fill his position, and will consider filling the position in the coming months.
“Gavin has been a great asset to the Galaxy Board, and we will miss his presence and sage advice,” stated Mark Lipparelli, Chairman of Galaxy’s Board of Directors. “He has been an integral part of our success and the Company’s growth over his more than five years as a member of the Board. We have made great progress over that time in positioning the Company to pursue many exciting and new opportunities, and Gavin has been a significant contributor to that progress. We thank him for his tremendous insights and expertise, and we wish him the best in his future endeavors with Entain, and anywhere beyond that his journey may take him.”
Forward-Looking Statements
Some of the information contained in this press release includes forward-looking statements In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “could,” “might,” “expect,” “intend,” "target," “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other similar expressions. These forward-looking statements are only predictions. We have based these forward-looking statements on our current expectations, assumptions and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements speak only as of the date of this press release and are subject to a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, risks related to the proposed Merger with Evolution, including that the Merger may not be consummated at all or in the anticipated timeframe; restrictions on our business during the pendency of the Merger that could affect our ability to pursue business opportunities or strategic transactions; uncertainties relating to the pendency of the Merger relating to our relationships with our employees and our customers, vendors and partners; that the Merger Agreement may be terminated in circumstances that require us to pay a termination fee; significant transaction costs; and the risk of litigation and/or regulatory actions related to the proposed Merger; the ability of Galaxy Gaming to enter and maintain strategic alliances, product placements or installations in land based casinos or grow its iGaming business, garner new market share, secure licenses in new jurisdictions or maintain existing licenses, successfully develop or acquire and sell proprietary products, comply with regulations, including changes in gaming related and non-gaming related statutes and regulations that affect the revenues of our customers in land-based casino and, online casino markets, have its games approved by relevant jurisdictions, unfavorable economic conditions in the US and worldwide, our level of indebtedness, restrictions and covenants in our loan agreement, dependence on major customers, protection of intellectual property and our ability to license the intellectual property rights of third parties, failure to maintain the integrity of our information technology systems, including without limitation, cyber-attacks or other failures in our telecommunications or information technology systems, or those of our collaborators, third-party logistics providers, distributors or other contractors or consultants, could result in information theft, data corruption and significant disruption of our business, and other factors. The events and circumstances reflected in our forward-looking statements may not be achieved or occur, and actual results could differ materially from those projected in the forward-looking statements. Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise.
About Galaxy Gaming
Headquartered in Las Vegas, Nevada, Galaxy Gaming (galaxygaming.com) develops and distributes innovative games, bonusing systems, and technology solutions to physical and online casinos worldwide. Galaxy Gaming offers games proven to perform developed by gaming experts and backed by the highest level of customer support. Galaxy Gaming Digital is the world’s leading licensor of proprietary table games to the online gaming industry. Galaxy Gaming has 131 licenses worldwide, including licenses in 28 U.S. states.
GALAXY GAMING, INC.
6480 Cameron Street Suite 305
Las Vegas, Nevada 89118
(702) 939-3254
www.galaxygaming.com
FAQ
When will Gavin Isaacs resign from Galaxy Gaming's Board of Directors?
How long has Gavin Isaacs served on Galaxy Gaming's Board?
Will Galaxy Gaming (GLXZ) immediately replace Gavin Isaacs on the Board?
What impact did Gavin Isaacs have on Galaxy Gaming (GLXZ) according to the Board Chairman?
