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Galaxy Gaming Inc - GLXZ STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Galaxy Gaming's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Galaxy Gaming's position in the market.

News
Galaxy Gaming® Highlights Galaxy Operating System™ and EZ Baccarat® at IGA 2024
Rhea-AI Summary
Galaxy Gaming, Inc. (GLXZ) to showcase innovative table game operating system and player-favorite games at IGA Trade Show. President Matt Reback excited to present largest library of category-leading brands enhanced by technology. Galaxy Operating System offers progressive jackpot options, Nebula LED sensors, and digital tracking capabilities. Dynamic Progressive feature adds volatility without changing gameplay. Ultimate Table Games Library includes classics like 21+3, Perfect Pairs, and Heads Up Hold'em with Dynamic Progressive. EZ Baccarat now features Panda 8 and Dragon 7 Progressive. Roulette Up offers optional side bet and progressive wager. Operators can explore Galaxy's offerings at booth 770.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
Tags
none
-
News
Galaxy Gaming Announces its Annual Meeting of Stockholders For 2024-
Rhea-AI Summary
Galaxy Gaming, Inc. (GLXZ) schedules virtual annual stockholders meeting on May 29, 2024, for stockholders of record as of April 2, 2024, to discuss key company updates and developments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
Tags
none
-
News
Galaxy Gaming Provides Update to Earnings Release
Rhea-AI Summary
Galaxy Gaming, Inc. (GLXZ) corrects financial information in the recent earnings release, showing a 6.1% growth rate for Net Revenue in fiscal 2024, higher than the previously stated 2.4%. Adjusted EBITDA is expected to increase by 17.9%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.57%
Tags
earnings
News
Galaxy Gaming Reports Q4 and FY 2023 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.95%
Tags
earnings
-
News
Galaxy Gaming Announces its Annual Meeting of Stockholders For 2024
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.95%
Tags
none
-
News
Galaxy Gaming Welcomes Michael Ratner as Executive Vice President of Product
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
none
News
Galaxy Gaming® Debuts a Smarter Way to Play™ at ICE London 2024
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
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News
Galaxy Gaming® and ODDSworks Debut Roulette Up™ in North America
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
none
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News
Galaxy Gaming® and Pragmatic Play Expand Licensing Agreement
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.5%
Tags
none
News
Galaxy Gaming Reports Q3 2023 Financial Results
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.78%
Tags
earnings
Stock GLXZ logo
Galaxy Gaming Inc

OTC:GLXZ

GLXZ Rankings

N/A Ranked by Market Cap
N/A Ranked by Stock Gains
N/A Ranked by Dividends

GLXZ Stock Data

33.57M
18.71M
19.04%
6.76%
Casinos (except Casino Hotels)
Arts, Entertainment, and Recreation
Link
US
Las Vegas

About GLXZ

headquartered in las vegas, nevada, galaxy gaming develops, manufactures and distributes innovative proprietary table games, state-of-the-art electronic wagering platforms and enhanced bonusing systems to land-based, riverboat, cruise ships and online casinos worldwide. through its igaming partner games marketing ltd., galaxy gaming licenses its proprietary table games to the online gaming industry. the company is also expanding its global presence through its partnership with wpt enterprises, inc., owner of the world poker tour. galaxy's games can be played online at feeltherush.com. connect with galaxy on facebook and twitter @galaxygaminglv.