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, NV, US
Websitegalaxygaming.com

Latest Updates

Employees (est.) (Dec 2018)40(+9%)
Revenue (FY, 2021)$20 M(+96%)
Share Price (Aug 2022)$3.7(+3%)
Cybersecurity ratingBMore
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Key People/Management at Galaxy Gaming

Harry C. Hagerty

Harry C. Hagerty

Chief Financial Officer
Michael Gavin Isaacs

Michael Gavin Isaacs

Director
Mark Lipparelli

Mark Lipparelli

Director and Chairman of the Board
Todd Cravens

Todd Cravens

President and Chief Executive Officer
Bryan W. Waters

Bryan W. Waters

Director
William A. Zender

William A. Zender

Director
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Galaxy Gaming Office Locations

Galaxy Gaming has an office in Las Vegas
Las Vegas, NV, US (HQ)
6767 Spencer St
Las Vegas, NV, US
6480 Cameron St #305
Show all (2)

Galaxy Gaming Financials and Metrics

Galaxy Gaming Revenue

Galaxy Gaming's revenue was reported to be $19.98 m in FY, 2021
USD

Revenue (Q1, 2022)

5.9m

Net income (Q1, 2022)

(14.0k)

EBIT (Q1, 2022)

1.6m

Market capitalization (3-Aug-2022)

82.5m

Closing stock price (3-Aug-2022)

3.7
Galaxy Gaming's current market capitalization is $82.5 m.
Annual
USDFY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

3.7m7.2m11.0m12.5m14.9m18.6m21.3m10.2m20.0m

Revenue growth, %

11%14%19%25%

Cost of goods sold

230.5k72.7k80.8k

Gross profit

21.1m10.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

749.1k733.9k1.6m1.8m1.9m1.9m1.9m3.0m3.1m3.2m3.5m3.7m3.8m4.4m4.5m4.8m5.3m5.4m5.4m4.5m664.0k4.3m4.7m5.3m5.9m

Cost of goods sold

46.9k37.7k21.8k7.9k14.3k19.6k26.3k52.6k

Gross profit

5.4m5.3m4.5m656.1k4.3m

Gross profit Margin, %

99%99%100%99%100%
USDQ2, 2011

Debt/Equity

127.9 x

Debt/Assets

0.7 x

Financial Leverage

191.3 x
Show all financial metrics

Galaxy Gaming Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Galaxy Gaming Online and Social Media Presence

Embed Graph

Galaxy Gaming News and Updates

Galaxy Gaming Reports Q2 2022 Financial Results

LAS VEGAS, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter and six months June 30, 2022.

Galaxy Gaming Appoints Meredith Brill to its Board of Directors

LAS VEGAS, July 14, 2022 (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 Meredith Brill has been appointed to its Board of Directors effective July 13, 2022. Ms. B…

Steph Nel Joins Galaxy Gaming as Senior Vice President of Worldwide Sales

LAS VEGAS, July 07, 2022 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC:GLXZ), the world’s largest independent developer and distributor of casino table games and technology, announced today that industry expert, Steph Nel has joined the Company in the position of Senior Vice President Worldwide Sal…

Galaxy Gaming Reports Q1 2022 Financial Results

LAS VEGAS, May 16, 2022 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB: GLXZ), a developer and distributor of casino table games and enhanced systems for land-based casinos and iGaming content, announced today its financial results for the quarter ended March 31, 2022.

Galaxy Gaming Announces Resignation of Director Bill Zender

Company Enters into Cooperation Agreement for Open Board Seat Company Enters into Cooperation Agreement for Open Board Seat

Galaxy Gaming Reports Q4 and Full Year 2021 Financial Results

Chairman Comments on Governance Matters Chairman Comments on Governance Matters
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Galaxy Gaming Blogs

Galaxy Gaming Announces Rebrand of its Visual Identity and Debut of New Products to Be Unveiled at G2E 2019 Las Vegas, Nevada

LAS VEGAS, Sept. 30, 2019 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCQB:GLXZ) announced today a corporate-wide rebranding that reflects a new visual identity and strategic growth initiatives for the company. The rebranding comes as a move to reflect and reinforce the company’s recent changes as…

LETTER TO SHAREHOLDERS

Dear Fellow Shareholder: As we stated in our letter to you dated August 15, 2019, we believe that Robert B. Saucier and Robert Pietrosanto’s purported Blue Proxy campaign is an invalid attempt to elect directors who will undo the redemption transaction through which he was removed as a shareholder o…

NOTICE TO SHAREHOLDERS

Dear Fellow Shareholder: As you may know, Robert B. Saucier (“Saucier”) and Robert Pietrosanto (“Pietrosanto”) are soliciting shareholder votes to (among other things) elect to the Galaxy Gaming, Inc. board of directors a slate of three directors (the “Saucier Slate”). The Saucier Slate is opposed t…

Galaxy Gaming Appoints Gavin Isaacs to Board of Directors

LAS VEGAS, June 04, 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 added gaming industry veteran Gavin Isaacs to its Board of Directors. The appointment is subj…

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, Michael Gavin Isaacs and Mark Lipparelli.

  • How many employees does Galaxy Gaming have?

    Galaxy Gaming has 40 employees.

  • What is Galaxy Gaming revenue?

    Latest Galaxy Gaming annual revenue is $20 m.

  • What is Galaxy Gaming revenue per employee?

    Latest Galaxy Gaming revenue per employee is $499.6 k.

  • Who are Galaxy Gaming competitors?

    Competitors of Galaxy Gaming include Mr Green Online Casino, Yggdrasil and Aristocrat Leisure.

  • 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 2 offices.