Galaxy Gaming

OverviewSuggest Edit

Galaxy Gaming, the leading independent table games provider, is engaged in the business of designing, developing, manufacturing and acquiring proprietary casino table games and associated technology, platforms and systems for the global gaming industry.
These proprietary products are marketed to land-based, riverboat and cruise ship gaming establishments and internet gaming companies to enhance their gaming floor operations and improve profitability, productivity and security, while offering popular cutting-edge gaming entertainment content and technology to their players.
TypePublic
Founded2006
HQLas Vegas, US
Websitegalaxygaming.com
Employee Ratings4

Latest Updates

Employees (est.) (Feb 2019)37
Revenue (FY, 2018)$18.6 M(+25%)

Key People/Management at Galaxy Gaming

Harry C. Hagerty

Harry C. Hagerty

CFO
Robyn Brewington

Robyn Brewington

EVP of Sales and Marketing
Bruce Benson

Bruce Benson

General Counsel
Robert B. Saucier

Robert B. Saucier

EVP of Business Development
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Galaxy Gaming Office Locations

Galaxy Gaming has an office in Las Vegas
Las Vegas, US (HQ)
6767 Spencer St
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Galaxy Gaming Financials and Metrics

Galaxy Gaming Revenue

Galaxy Gaming's revenue was reported to be $18.56 m in FY, 2018
USD

Revenue (Q1, 2019)

5.3m

Net income (Q1, 2019)

460.7k

EBIT (Q1, 2019)

718.6k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

8.2m9.8m11.0m12.5m14.9m18.6m

Revenue growth, %

20%11%14%

General and administrative expense

4.2m5.5m7.1m6.7m9.1m10.9m

R&D expense

466.9k472.6k454.9k353.8k488.8k926.5k
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019

Revenue

2.3m2.5m2.5m2.6m2.7m2.8m3.0m3.1m3.2m3.5m3.7m3.8m4.4m4.5m4.8m5.3m

General and administrative expense

1.2m1.4m1.5m1.6m1.7m1.7m1.7m1.6m1.6m2.1m2.4m2.4m2.6m2.6m2.6m3.5m

R&D expense

113.3k98.1k126.3k153.0k116.4k101.8k79.3k101.9k89.5k138.0k126.4k139.2k193.4k249.8k373.5k299.2k

Operating expense total

1.7m2.0m2.0m1.7m2.3m2.3m2.2m2.2m2.2m2.7m3.1m3.4m3.4m3.5m3.6m4.6m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

438.5k560.2k570.6k2.3m3.5m

Inventories

297.5k232.8k411.7k427.1k524.1k531.8k

Current Assets

2.4m2.9m3.1m5.1m6.8m10.2m

PP&E

45.0k382.1k298.9k356.3k263.9k199.6k
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

563.3k21.9k187.9k1.8m(11.4k)1.2m

Depreciation and Amortization

45.6k1.7m178.9k1.7m1.8m1.8m

Inventories

(448.3k)(481.9k)

Accounts Payable

(45.3k)276.7k903.4k(959.9k)573.5k(353.4k)
Quarterly
USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

109.4k87.4k62.9k71.6k119.7k379.4k377.5k821.0k162.3k

Depreciation and Amortization

14.3k42.7k72.5k41.3k84.3k128.9k416.0k417.3k419.5k436.1k

Inventories

3.5k484.4k

Accounts Payable

50.5k94.3k141.9k8.5k287.0k495.9k1.3m1.2m563.4k394.0k
USDY, 2019

Revenue/Employee

144.5k

Financial Leverage

2.6 x
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Galaxy Gaming Online and Social Media Presence

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Galaxy Gaming News and Updates

Galaxy Gaming Reports Q1 2019 Financial Results

LAS VEGAS, May 15, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems, announced today its financial results for the quarter ended March 31, 2019.

Galaxy Gaming and Caesars Entertainment UK Extend Partnership with Multi-Year Agreement

LAS VEGAS, April 23, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC:GLXZ) announced today Caesars Entertainment EMEA agreed to a multi-year agreement with the organization. The agreement includes an integrated partnership including product and marketing support for all Galaxy Gaming proprietary…

Galaxy Gaming Reports Q4 and Full Year 2018 Financial Results

LAS VEGAS, April 01, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems, announced today its results for the quarter and fiscal year ended December 31, 2018.

Galaxy Gaming Provides Update on Strategic Alternatives Review and 2018 Preliminary Financial Results

LAS VEGAS, March 14, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer, manufacturer and distributor of casino table games and enhanced systems, is today providing an update on the review of strategic alternatives that was originally announced on November 5, 2018. The Company…

Galaxy Gaming Reports Q3 2018 Financial Results

LAS VEGAS, Nov. 14, 2018 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer, manufacturer and distributor of casino table games and enhanced systems, announced today its financial results for the quarter ended September 30, 2018.

Galaxy Gaming Announces Resignation of Founder, Engagement of Strategic Advisor

LAS VEGAS, Nov. 05, 2018 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (the “Company”), a developer, manufacturer and distributor of casino table games and enhanced systems, announced today that its founder and largest shareholder, Robert Saucier, has resigned from the Board of Directors o…
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Galaxy Gaming Blogs

Galaxy Gaming Redeems Shares of Majority Stockholder

LAS VEGAS, May 07, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ) (“Galaxy” or the “Company”), a developer and distributor of casino table games and enhanced systems, announced today that it has redeemed all of the shares of the Company’s common stock held by Triangulum Partners, LLC …

Galaxy Gaming Reports Q2 2018 Financial Results

LAS VEGAS, Aug. 14, 2018 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer, manufacturer and distributor of casino table games and enhanced systems, announced today its results for the quarter ended June 30, 2018. Financial Highlights Q2 2018 vs. Q2 2017 Revenue increased 24…

Galaxy Gaming Frequently Asked Questions

  • When was Galaxy Gaming founded?

    Galaxy Gaming was founded in 2006.

  • Who are Galaxy Gaming key executives?

    Galaxy Gaming's key executives are Harry C. Hagerty, Robyn Brewington and Bruce Benson.

  • How many employees does Galaxy Gaming have?

    Galaxy Gaming has 37 employees.

  • What is Galaxy Gaming revenue?

    Latest Galaxy Gaming annual revenue is $18.6 m.

  • What is Galaxy Gaming revenue per employee?

    Latest Galaxy Gaming revenue per employee is $501.6 k.

  • Who are Galaxy Gaming competitors?

    Competitors of Galaxy Gaming include Churchill Downs, SoftSwiss and Stride Gaming.

  • Where is Galaxy Gaming headquarters?

    Galaxy Gaming headquarters is located at 6767 Spencer St, Las Vegas.

  • Where are Galaxy Gaming offices?

    Galaxy Gaming has an office in Las Vegas.

  • How many offices does Galaxy Gaming have?

    Galaxy Gaming has 1 office.