GALAXY GAMING INC - GLXZ STOCK NEWS

Galaxy Gaming, Inc. (GLXZ) reported positive financial results for Q4 2023 and FY 2023 with revenue increases of 25% and 23% respectively. However, the company experienced a net loss in both periods. Adjusted EBITDA showed mixed results with a decrease in Q4 2023 but an increase for FY 2023. Cash decreased by 9% while long-term debt decreased slightly. Stockholders' deficit increased.

Galaxy Gaming, Inc. (GLXZ) schedules its virtual annual stockholders meeting for May 29, 2024. The meeting is for stockholders of record as of April 2, 2023, with notices sent to stockholders of record as of April 2, 2024.

Galaxy Gaming, Inc. (OTC: GLXZ) has appointed Michael Ratner as the new Executive Vice President of Product. Ratner brings over three decades of experience in gaming and a proven track record of success. His appointment is expected to strengthen Galaxy Gaming's position in the table games industry and drive the development of industry-leading technology.

Galaxy Gaming, Inc. (OTC: GLXZ) will showcase their innovative new table game operating system, brand-new table games, and their vast online content portfolio at the ICE London show. They will feature the Galaxy Operating System, the Smart Bet table games library, and Galaxy Gaming Digital. The company's online titles accounted for over 3.5 billion wagers in the last calendar year, showcasing their widespread popularity.

Galaxy Gaming, Inc. (GLXZ) announces the launch of its new RNG game, Roulette Up™, through its Galaxy Gaming Digital division. The game is now available to play online with Draft Kings, Golden Nugget, and WynnBET in multiple states and will soon launch in Canada. Roulette Up features an optional side bet and progressive wager, with winning payouts based on the streak length. The company also plans to launch additional titles including Split To Double™ Blackjack. Galaxy Gaming has partnered with ODDSworks to introduce its best-in-class table games to online players in North America for the first time.

Galaxy Gaming, Inc. (GLXZ) extends licensing agreement with Pragmatic Play, adding Perfect Pairs® to Baccarat titles and expanding its table game content. The partnership aims to enhance the Live and RNG casino experience and aligns with Galaxy Gaming's long-term strategy to deliver top-quality content to operators and players worldwide.

Galaxy Gaming, Inc. (OTCQB: GLXZ) announced its financial results for Q3 and nine months ended September 30, 2023. Revenue increased 3% to $6,104K in Q3, and 20% to $21,052K in nine months. Adjusted EBITDA decreased 36% to $1,510K in Q3, but increased 6% to $7,807K in nine months. Net loss was $(1,455)K in Q3 and $(988)K in nine months. Cash decreased 13% to $15,938K. The company became the distributor of EZ BaccaratTM, adding approximately 500 tables in 120 casinos. Perpetual license sales were $0.5 million in Q3. Forecasted Q4 revenue is $7.0-$7.5 million with Adjusted EBITDA of $2.8-$3.2 million.

Galaxy Gaming appoints Matt Reback as new President and CEO, expecting $6.1 million in revenue and $1.5 million in Adjusted EBITDA for Q3 2023

Galaxy Gaming to unveil innovative new content and technology at Global Gaming Expo (G2E)