STOCK TITAN

Galaxy Gaming® and Spirit Gaming Sign Distribution Agreement to Bring World-Famous Table Game Content to the European Market

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Galaxy Gaming, Inc. (OTC: GLXZ) has announced a partnership with Spirit Gaming, granting exclusive distribution rights in Germany, Austria, Luxembourg, and Belgium. Spirit Gaming will support the distribution of Galaxy Gaming’s Triton Casino Systems™ and celebrated table games including 21+3®, Perfect Pairs®, and Three Card Prime™. This collaboration aims to replicate Galaxy’s success in the UK and expand its market presence in Europe. Both companies express optimism regarding the partnership's potential to engage players with innovative gaming solutions.

Positive
  • Exclusive distribution partnership with Spirit Gaming in Germany, Austria, Luxembourg, and Belgium.
  • Access to Spirit Gaming's expertise to enhance market reach in Europe.
  • Distribution of popular gaming systems and innovative table games.
  • Opportunity to replicate successful strategies used in the UK market.
Negative
  • None.

LAS VEGAS, June 28, 2022 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ), the world’s largest independent developer and distributor of casino table games and technology announced that they have entered a partnership with Spirit Gaming, an independent casino gaming distribution company based in Germany. Subject to certain contractual obligations, Spirit Gaming will be the exclusive distribution partner for Galaxy Gaming in Germany, Austria, Luxembourg, and Belgium and a non-exclusive distribution partner in Switzerland and Liechtenstein.

Spirit Gaming will provide localized support and distribution for Galaxy Gaming’s innovative new Triton Casino Systems™, Bonus Jackpot System, and their entire portfolio of table game content including the world-famous 21+3®, Perfect Pairs®, and Three Card Prime™. These games can all be enhanced with thrilling progressives supported by either of Galaxy’s technology solutions - Triton Casino Systems and the Bonus Jackpot System. This best-in-class content and technology paired with unmatched service levels has proven successful for Galaxy Gaming’s clients across the United Kingdom, Europe, North America, and online worldwide.

“We continue to see great success with our table game content and progressive solutions across the United Kingdom and look forward to replicating that same success for our clients in these new markets,” shared Todd Cravens, President and CEO of Galaxy Gaming. “We see great opportunity with this pairing of our best-in-class table game content and solutions with Spirit Gaming’s European market expertise.”

“The entire Spirit Gaming team is proud to partner with Galaxy Gaming. We are very excited to enlarge the footprint of Galaxy Gaming in Europe and are convinced the players will love the innovative and thrilling games, especially the progressive JP systems,” added Frank Ziegler, managing director of Spirit Gaming.

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 Spirit Gaming
Spirit Gaming has a specialized focus on German casino operations as well as on fast-growing international markets. Spirit Gaming counts especially on the international experience of Frank Ziegler, who combines his know-how from different leading positions in the gaming industry with his long-standing experience in casino operations. Spirit Gaming offers competent practical advice and consultancy.

Contact:

Media:
Phylicia Middleton (702) 938-1753
Investors:        
Harry Hagerty (702) 938-1740


FAQ

What is the partnership announced by Galaxy Gaming (GLXZ)?

Galaxy Gaming has partnered with Spirit Gaming for exclusive distribution in Germany, Austria, Luxembourg, and Belgium.

Which products will Spirit Gaming distribute for Galaxy Gaming (GLXZ)?

Spirit Gaming will distribute Triton Casino Systems™ and popular table games like 21+3®, Perfect Pairs®, and Three Card Prime™.

When was the partnership between Galaxy Gaming (GLXZ) and Spirit Gaming announced?

The partnership was announced on June 28, 2022.

What markets will Galaxy Gaming (GLXZ) expand into through this partnership?

Galaxy Gaming will expand into Germany, Austria, Luxembourg, Belgium, Switzerland, and Liechtenstein.

What are the expected benefits of the Galaxy Gaming (GLXZ) and Spirit Gaming partnership?

The partnership is expected to enhance market reach and replicate successful strategies in new European markets.

GALAXY GAMING INC

OTC:GLXZ

GLXZ Rankings

GLXZ Latest News

GLXZ Stock Data

68.75M
19.97M
20.11%
7.58%
Gambling
Consumer Cyclical
Link
United States of America
Las Vegas