GALAXY GAMING INC - GLXZ STOCK NEWS

Welcome to our dedicated page for GALAXY GAMING news (Ticker: GLXZ), a resource for investors and traders seeking the latest updates and insights on GALAXY GAMING stock.

Headquartered in Las Vegas, Nevada, Galaxy Gaming Inc. develops, manufactures, and distributes innovative proprietary table games, electronic wagering platforms, and bonusing systems to casinos worldwide. The company also licenses its games to the online gaming industry and partners with WPT Enterprises Inc. for global expansion. With a focus on sustainable growth and revenue from core products, Galaxy Gaming is a leader in the gaming industry.

09/26/2023 09:00 AM

News

Galaxy Gaming® Delivers Galaxy Operating System Across Carnival Corporation & Plc® Fleet

Rhea-AI Summary

Galaxy Gaming to deliver Galaxy Operating System™ (GOS) as the table games system for 50+ ships with Carnival Corporation, powering the jackpot progressive system for Carnival Corporation ships.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

9.92%

Tags

09/08/2023 09:00 AM

News

Galaxy Gaming and Konquer Announce iGaming Content Licensing Agreement

Rhea-AI Summary

Galaxy Gaming enters licensing agreement with Konquer to bring popular casino games online in the North American market.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

09/07/2023 09:00 AM

News

Galaxy Gaming and Konquer Announce Igaming Content Licensing Agreement

Rhea-AI Summary

Galaxy Gaming enters licensing agreement with Konquer to bring their casino table games online in the North American market.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-- %

Tags

08/14/2023 09:00 AM

News

Galaxy Gaming Reports Q2 2023 Financial Results

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

5.17%

Tags

06/21/2023 09:00 AM

News

Galaxy Gaming Secures Distribution Rights for EZ Baccarat®

Rhea-AI Summary

Galaxy Gaming, Inc. has reached an agreement with The Talisman Group LLC for exclusive distribution rights of the EZ Baccarat table game in the United States, Canada, and the United Kingdom starting September 9, 2023. Galaxy will also become the exclusive distributor globally for online gaming. EZ Baccarat is the world's leading no-commission baccarat game with over 830 table games installed in over 140 casinos worldwide.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

0.4%

Tags

05/16/2023 09:00 AM

News

Galaxy Gaming® and Evolution Extend Licensing Agreement for 10 Years

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-2.03%

Tags

05/15/2023 09:00 AM

News

Galaxy Gaming Reports Q1 2023 Financial Results

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

-0.81%

Tags

05/08/2023 09:00 AM

News

Galaxy Gaming® Launches Next-Generation Galaxy Operating System™

Rhea-AI Summary

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

2.88%

Tags

03/31/2023 09:00 AM

News

Galaxy Gaming Reports Q4 and Full Year 2022 Financial Results

Rhea-AI Summary

Galaxy Gaming, Inc. (OTCQB: GLXZ) reported financial results for Q4 2022 and full year 2022, highlighting a 5% increase in Q4 revenue to $5,940K and a 17% increase in full-year revenue to $23,442K. Adjusted EBITDA rose 30% to $3,153K in Q4 and 21% to $10,534K for the year. However, net income plummeted from $598K to $55K, leading to a full-year net loss of $(1,733K). The company expects revenue in the range of $26-$27 million for 2023. A significant payroll tax benefit of $575K impacted Q4 results.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

1.31%

Tags

03/20/2023 04:39 PM

News

Galaxy Gaming Announces its Meeting of Shareholders For 2023

Rhea-AI Summary

Galaxy Gaming, Inc. (OTCQB: GLXZ) announced its virtual Shareholders Meeting scheduled for June 14, 2023, for those on record as of April 17, 2023. This complies with relevant regulations, ensuring shareholders are informed in a timely manner. The company, based in Las Vegas, specializes in developing and distributing casino games and technology solutions for both online and land-based casinos. While the meeting serves to address key shareholder matters, Galaxy cautions that forward-looking statements are subject to risks and uncertainties that could affect future performance.

Rhea-AI Impact

Rhea-AI Sentiment

End-of-Day

Tags

FAQ

What is the current stock price of GALAXY GAMING (GLXZ)?

The current stock price of GALAXY GAMING (GLXZ) is $2.74 as of December 20, 2024.

What is the market cap of GALAXY GAMING (GLXZ)?

The market cap of GALAXY GAMING (GLXZ) is approximately 68.7M.

Where is Galaxy Gaming Inc. headquartered?

Galaxy Gaming Inc. is headquartered in Las Vegas, Nevada.

What does Galaxy Gaming Inc. specialize in?

Galaxy Gaming Inc. specializes in developing, manufacturing, and distributing proprietary table games, electronic wagering platforms, and bonusing systems for casinos globally.

Does Galaxy Gaming Inc. have any partnerships?

Galaxy Gaming Inc. has a partnership with WPT Enterprises Inc. to expand its global presence in the gaming industry.

How does Galaxy Gaming Inc. generate revenue?

Galaxy Gaming Inc. generates revenue through its core products, premium felt products, GOS products, and iGaming business, focusing on recurring revenue streams.

How does Galaxy Gaming Inc. engage with the online gaming industry?

Galaxy Gaming Inc. licenses its proprietary table games content to the online gaming industry through its wholly owned subsidiary, Progressive Games Partners LLC.