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Galaxy Gaming Appoints Cheryl Kondra to Board of Directors

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Galaxy Gaming, Inc. (OTCQB: GLXZ) announced the appointment of Cheryl Kondra to its Board of Directors, effective December 2, 2021. Ms. Kondra has over 20 years of experience in the gaming industry, having held significant positions at Pinnacle Entertainment and Caesars Entertainment. Her expertise in audit and compliance will bolster the company's governance. Chairman Mark Lipparelli expressed confidence in Kondra's ability to contribute meaningfully to Galaxy's operations.

Positive
  • Cheryl Kondra's extensive experience in gaming and compliance may strengthen corporate governance.
  • Her appointment could improve stakeholder confidence due to her industry credibility.
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  • None.

LAS VEGAS, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming, announced today that Cheryl Kondra has been appointed to its Board of Directors, effective December 2, 2021.

Ms. Kondra currently serves as Vice President of Internal Audit at Tractor Supply Company, the largest rural lifestyle retailer in the United States. Prior to Tractor Supply, she had an extensive career in gaming, having served as the VP of Internal Audit and Chief Compliance Officer at Pinnacle Entertainment and as the Chief Audit Executive at Caesars Entertainment, among other positions. Throughout her more than 20-year career in the gaming industry, she built strong teams to address the many audit, compliance, regulatory and legal issues impacting companies in the gaming sector.

Executive Comments

“We are fortunate to have an individual with Cheryl’s experience join our Board,” said Mark Lipparelli, Chairman of Galaxy’s Board of Directors. “She knows firsthand the expectations stakeholders have of companies serving the gaming industry, and she has helped some of the largest companies in the business to exceed those expectations. I am confident Cheryl will bring material contributions to Galaxy as a member of the Board.”

“I appreciate the invitation to join the Galaxy Board,” Cheryl Kondra replied. “And I look forward to bringing my recent experience at Tractor Supply as well as my decades working for multi-jurisdictional public gaming companies."

Forward-Looking Statements

Certain statements in this release may constitute forward-looking statements, which involve a number of risks and uncertainties. Galaxy cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information due to a number of factors, including those listed from time to time in reports that Galaxy files with the Securities and Exchange Commission.

About Galaxy Gaming

Headquartered in Las Vegas, Nevada, Galaxy Gaming (galaxygaming.com) develops and distributes innovative proprietary table games, state-of-the-art electronic wagering platforms and enhanced bonusing systems to land-based, riverboat, and cruise ship and casinos worldwide. In addition, through its wholly owned subsidiary, Progressive Games Partners LLC, Galaxy licenses proprietary table games content to the online gaming industry. Connect with Galaxy on Facebook, YouTube and Twitter.

Contact:
  
Media:Phylicia Middleton (702) 936-5216
Investors:Harry Hagerty (702) 938-1740


FAQ

Who is Cheryl Kondra and what is her background?

Cheryl Kondra is the newly appointed Board member at Galaxy Gaming, with over 20 years in the gaming industry, previously serving at Pinnacle Entertainment and Caesars Entertainment.

When was Cheryl Kondra appointed to the Galaxy Gaming Board?

Cheryl Kondra was appointed to the Galaxy Gaming Board of Directors on December 2, 2021.

What impact might Cheryl Kondra's appointment have on Galaxy Gaming (GLXZ)?

Kondra's extensive experience in audit and compliance may enhance Galaxy Gaming's governance and improve stakeholder relations.

What is the significance of the new Board appointment for GLXZ investors?

The appointment of Cheryl Kondra may reassure investors about the company's commitment to strong governance and compliance in the gaming industry.

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