Galaxy Gaming Acquires High Variance Games, LLC Game Portfolio
Galaxy Gaming, Inc. (OTC: GLXZ) has announced the acquisition of High Variance Games, LLC's game portfolio, including titles like Super Blackjack and Super Texas Hold’em. This strategic move aims to enhance Galaxy's innovative content offerings and expand its reach in both land-based and digital gaming markets. Jeff Hwang, CEO of High Variance, expressed confidence in Galaxy's distribution capabilities and management. The acquisition highlights a focus on engaging and high-action games tailored to modern gamblers. This partnership is expected to diversify Galaxy's catalog and maximize player engagement.
- Acquisition of High Variance Games expands Galaxy's game portfolio with unique titles.
- Enhancement of the product offering with innovative, high-action games targeting modern gamblers.
- Strong confidence from High Variance's CEO in Galaxy's distribution network and management team.
- None.
LAS VEGAS, Aug. 04, 2021 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology, announced they have acquired the rights to the game portfolio of High Variance Games, LLC, 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 partner and an impressive, forward-thinking management team,” said Jeff Hwang, President and CEO of High Variance Games, LLC. “I see an organization with a ton of upside.”
“With our focus on innovative, omnichannel content, Jeff’s games are a natural fit. They’re unique, exciting games that add to the breadth of our portfolio,” shared Steve Cvetkoski, Galaxy Gaming’s Director of Product Development. “Super Blackjack and Super Texas Hold’em, in particular, really heighten the most exciting parts of blackjack and poker by offering unique mechanisms, multiple betting rounds, and opportunities to raise. Players can gamble and be aggressive, but with a house edge that will keep them in action longer. That’s the case with all of these games and a big reason why we’re so excited to get them into the land-based and digital spaces quickly. We expect high action while maximizing a player’s 'time on device' – certainly a real win-win for both players and operators.”
“We’re are thrilled to work with Jeff Hwang to add these new titles to our content portfolio and Prime Membership catalog,” stated Todd Cravens, Galaxy Gaming’s President and CEO. “What excites us about these new games is that we believe they will resonate with casino players and add even more diversity and strength to our catalog of world-famous titles.”
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 that are proven to perform developed by gaming experts and backed by the highest level of customer support. Through its subsidiary, Progressive Games Partners, Galaxy Gaming is the world’s leading licensor of proprietary table games to the online gaming industry. Connect with Galaxy Gaming on Facebook, YouTube, Instagram, and Twitter.
About High Variance Games, LLC
High Variance Games, LLC is the brainchild of Jeff Hwang, a gaming industry consultant, poker player, and the best-selling author of Pot-Limit Omaha Poker: The Big Play Strategy and the three-volume Advanced Pot-Limit Omaha series. With the rapid expansion of land-based casino gaming over the past three decades, along with the poker boom and online gaming explosion of the 2000s, more people have been exposed to gambling games than ever before. And with the great advancements in in-game knowledge and game strategy over this time period, more gamblers – millennials in particular – are more sophisticated and more knowledgeable about gambling than at any point in the history of mankind. High Variance Games, LLC was formed to bring a new brand of high-action, low-edge games designed to meet the demands of the modern gambler to the casino floor and beyond.
Contact:
Media:
Phylicia Middleton (702) 936-5216
Investors:
Harry Hagerty (702) 938-1753
FAQ
What games did Galaxy Gaming acquire from High Variance Games?
What is the significance of Galaxy Gaming's acquisition of High Variance Games?
How does the acquisition affect Galaxy Gaming's market position?
Who is the CEO of High Variance Games?