Galaxy Gaming, Inc. reports company developments centered on material agreements, shareholder voting matters, capital-structure disclosures, governance items, risk factors, and operating and financial results. Public updates for GLXZ are framed around corporate actions, security-structure topics, governance changes, and periodic financial performance.
Galaxy Gaming (GLXZ) won Product Innovation of the Year at the Global Gaming Awards Americas 2026 for MONOPOLY Table Games Progressive.
Developed under an exclusive licensing agreement with Hasbro, the linked progressive table game has installations in North America and EMEA. Galaxy Gaming is displaying it at G2E 2026 alongside MONOPOLY Building Riches, Spotlight Spin Progressive and Galaxy Link, which connects the two new games.
Galaxy Gaming (GLXZ) will showcase an expanded portfolio of branded table games, new progressives, and iGaming technology at G2E 2026 in Las Vegas, booth #4452.
The company is unveiling MONOPOLY Building Riches, a floor-wide linked bonus experience built on its exclusive licensing partnership with Hasbro, alongside 3-Dice YAHTZEE. Galaxy Gaming will also debut the Spotlight Spin Progressive system and introduce Galaxy Link, a single-seed linking technology that connects jackpots across games, tables, pits, and properties, all powered by its GOS Sapphire operating system. Digitally, Galaxy Gaming content now appears on more than 5,000 iGaming sites, with over 4.5 billion wagers placed online over the past year.
Galaxy Gaming (OTC: GLXZ) announced that Metropolitan Gaming has expanded the rollout of MONOPOLY® Blackjack Progressive after a strong launch across its London casinos. In January 2026, 19 Blackjack tables at four London properties were upgraded to MONOPOLY Blackjack Progressive powered by Galaxy Operating System, which the companies said improved table performance and progressive engagement.
To support the launch, they introduced a Kings of MONOPOLY scratch-card promotion at three Premium London casinos, with a wider launch at Empire Casino planned for September 2026. Following the London results, Metropolitan Gaming extended MONOPOLY-branded progressives to casinos in Nottingham, Manchester, Glasgow and four properties in Egypt.
Galaxy Gaming (OTC: GLXZ) announced the successful completion of the first phase of its Galaxy Operating System® (GOS) deployment across the MSC Cruises fleet in North America. The rollout covers 30 blackjack tables on seven ships, introducing the first progressive table game jackpot system aboard MSC Cruises vessels.
MSC Cruises selected GOS after an extensive evaluation focused on performance, guest experience, flexibility, and service. The scalable platform is designed to support future fleet-wide growth and further strengthens Galaxy Gaming’s presence in the cruise ship gaming sector.
Galaxy Gaming (OTCQB: GLXZ) cancelled 778,320 common stock purchase warrants held by affiliated entities of former lender Fortress Credit Corp, eliminating roughly 3% of its fully diluted share count. The warrants had a $0.01 exercise price and were originally issued with a prior term loan facility repaid in January 2025.
Galaxy paid about $1.2 million in cash, funded from cash on hand, to cancel the warrants, leaving the company with no warrants outstanding. The transaction counts against the $4.0 million share repurchase authorization adopted on July 22, 2026. Including a privately negotiated repurchase of 330,758 shares on July 31, 2026, approximately $2.3 million remains available under the program.
Galaxy Gaming (OTC:GLXZ) announced a strategic online content partnership with Ruby Seven Studios, under which Ruby Seven will develop, publish, market and distribute social casino versions of Galaxy’s proprietary table games across its direct-to-consumer apps and partner-operated platforms.
Ruby Seven has secured rights to several of Galaxy’s best-known titles, including 21+3®, Perfect Pairs®, Lucky Ladies®, Cajun Stud®, Texas Hold'em Bonus Poker® and EZ Baccarat®. Ruby Seven will also hold worldwide social casino exclusivity for select Galaxy games such as Three Card Prime®, High Card Flush®, Super Omaha Poker™, Players Edge 21®, 3 Dice Baccarat®, Caribbean Stud®, 3 Card Hold'em® and Deuces Wild Extreme®. Ruby Seven currently supports 53 retail casinos in 25 U.S. states, and is owned by Delaware North’s rebranded gaming division, Ember Entertainment.
Galaxy Gaming (OTCQB: GLXZ) reported second quarter 2026 revenue of $7.9 million, up 5% year over year, driven by organic growth. Recurring revenues, net of royalties, reached a record $7.9 million, up 8% and representing 99% of total revenue, while Digital segment revenue rose 11% to $3.1 million.
Net income increased 5% to $1.0 million, with interest expense down 10% to $0.8 million. Adjusted EBITDA grew 11% to $3.5 million and Free Cash Flow rose 25% to $1.7 million. The company achieved total debt leverage below 3.0x, stepping its term loan margin down to SOFR + 3.0% from SOFR + 3.5%.
As of June 30, 2026, Galaxy held $4.8 million in cash and $37.9 million in long-term debt. Subsequent to quarter end, it authorized a $4.0 million share repurchase program, bought 330,758 shares for about $0.5 million, and received a $5.2 million termination fee related to the ended Evolution merger.
Galaxy Gaming (OTC:GLXZ) announced that its Board of Directors has authorized a new share repurchase program of up to $4.0 million of outstanding common stock, effective immediately. The authorization follows the termination of Galaxy’s previously announced merger agreement with Evolution Malta Holding Limited, under which Evolution has acknowledged an obligation to pay Galaxy a $5.2 million termination fee.
According to the company, the Board’s decision reflects confidence in Galaxy’s strategy, balance sheet, management team, and assessment that the stock price does not fully reflect its value and growth prospects. Galaxy highlights expansion of its table games portfolio, growth into new markets, and deeper customer partnerships, supported by a licensing base spanning more than 140 licenses in 28 U.S. states and over 30 countries. The Board also approved adoption of a written Rule 10b5-1 repurchase plan, allowing buybacks via open-market purchases, private transactions, or trading plans, in accordance with Rule 10b-18. A prior repurchase authorization of up to $750,000 was not utilized and is superseded by the new program.
Galaxy Gaming (OTC:GLXZ) released preliminary expectations for its quarter ended June 30, 2026, forecasting consolidated revenue of $7.8–$7.9 million, up from $7.5 million in Q2 2025 and $7.7 million in Q1 2026, driven by record recurring revenue across Digital and Core businesses.
The company expects Q2 2026 net income of $0.9–$1.0 million, versus $1.0 million a year earlier, and projects Adjusted EBITDA of approximately $3.25–$3.4 million, compared with $3.2 million in Q2 2025. A reconciliation shows expected EBITDA of $2.62–$2.81 million, plus add-backs including $50–$60 thousand of stock-based compensation and $550–$560 thousand of professional and acquisition-related fees.
According to Galaxy Gaming, these unaudited figures are based on internal reports, remain subject to normal quarter-end review procedures, and may change materially. Final Q2 2026 results are anticipated on or about August 7, 2026, after market close.
Galaxy Gaming (OTC: GLXZ) reported that Evolution Malta Holding Limited has terminated the previously announced Agreement and Plan of Merger dated July 18, 2024, among Galaxy, Evolution, and Galaga Merger Sub, a wholly owned Evolution subsidiary. The termination was communicated to Galaxy and ends the planned merger transaction.
According to Galaxy, under the terms of the Merger Agreement, Evolution must pay Galaxy a contractual termination fee of $5,234,678 within two business days of the termination date. Galaxy’s President and CEO, Matt Reback, stated that the company remains focused on independent growth, emphasizing its industry-leading casino table games, technology solutions, and long-standing relationship with Evolution. Galaxy, headquartered in Las Vegas, develops and distributes games and bonusing systems to land-based and online casinos, and holds 131 licenses worldwide, including licenses in 28 U.S. states.