Galaxy Gaming appoints John M. Boushy to board
Boushy will receive Galaxy's standard compensation for non-employee directors under a service agreement, and the company entered into an indemnification agreement with him.
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Rhea-AI Filing Summary
Galaxy Gaming, Inc. appointed John M. Boushy to its Board as a Class II Director effective October 21, 2026, succeeding Meredith Brill, whose resignation from the Board and audit committee took effect October 20, 2026. Galaxy stated that Brill’s resignation was not the result of a dispute or disagreement with the company or Board concerning operations, policies or practices. Boushy, 72, has more than 45 years of leadership experience in gaming, hospitality, technology and entertainment, including service as CEO, president and director of Ameristar Casinos from 2006 to 2008. He will receive the company’s standard compensation for non-employee directors under a Board service agreement; Galaxy also entered into an indemnification agreement with him.
8-K Event Classification
Key Figures
Key Terms
Class II Director regulatory
indemnification agreement regulatory
audit committee regulatory
forward-looking statements regulatory
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to section 13 or 15(d)
of the Securities Exchange Act of 1934
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act: None
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(b) and (d)
On October 18, 2026, Meredith Brill notified the Board of Directors (the “Board”) of Galaxy Gaming, Inc. (the “Company”) of her decision to resign as a member of the Board and as a member of the audit committee of the Board effective as of October 20, 2026. Ms. Brill’s resignation is not the result of any dispute or disagreement with the Company or the Board on any matter relating to the operations, policies or practices of the Company.
On and as of October 21, 2026, the Board appointed John M. Boushy to the Board to serve as a Class II Director. His term as director will expire on the earlier of his failure to be elected or re-elected to the Board or termination of his service as a Director for any other reason.
Mr. Boushy, 72, brings more than 45 years of leadership experience in the gaming, hospitality, technology and entertainment industries. He is the Founder and Managing Member of Boushy Consulting, LLC since 2008, where he advises gaming operators, investors and senior executives on strategic, operational and development matters. Through his consulting practice, Mr. Boushy served in executive management roles with the parent company of The Cosmopolitan of Las Vegas, was an advisor to the Second Priority Noteholders Committee during the bankruptcy of Caesars Entertainment Operating Company, served on the board of Caesars Entertainment after its emergence from bankruptcy, and has served since 2015 as Co-Founder and Chairman of the parent company of ReelMetrics.
Prior to founding Boushy Consulting, Mr. Boushy served as Chief Executive Officer, President and Director of Ameristar Casinos, Inc. from 2006 to 2008, where he was responsible for leading all aspects of the company’s operations and growth strategy. Before joining Ameristar, he spent more than two decades with Harrah’s Entertainment, Inc., holding a series of senior executive positions including Executive Vice President of Project Development, Design and Construction, Chief Integration Officer, Chief Information Officer, and Senior Vice President of Operations, Marketing and Technology.
During his tenure at Harrah’s, Mr. Boushy oversaw enterprise-wide strategic growth initiatives, enabled by the collaboration of operations, marketing, and information technology; led the integration of the landmark merger between Harrah’s Entertainment and Caesars Entertainment, delivering twice the proforma synergies; and directed major development and capital investment projects. He is widely recognized as an innovator in the application of technology, marketing analytics and operational excellence within the gaming industry, which powers what is now Caesars Total Rewards. Mr. Boushy has a Bachelor’s degree and a Master’s degree in mathematics from North Carolina State University.
The Company believes Mr. Boushy’s distinguished and extensive executive level corporate experience in gaming with Caesars, Ameristar and other gaming related endeavors well qualifies him to serve on the Board.
As compensation for his service on the Board, Mr. Boushy will receive the Company’s standard compensation for non-employee directors pursuant to a Board of Directors Service Agreement between the Company and Mr. Boushy, which is filed as Exhibit 10.1 hereto.
The Company also entered into an indemnification agreement with Mr. Boushy in connection with his appointment to the Board, which is filed as Exhibit 10.2 hereto.
There are no family relationships between Mr. Boushy and any director or executive officer of the Company, and there are no transactions to which the Company is a party and in which Mr. Bousy has a direct or indirect interest that would require disclosure under Item 404(a) of Regulation S-K. There is no arrangement or understanding between Mr. Boushy and any other person pursuant to which Mr. Boushy was appointed as a Director of the Company.
| Item 7.01 | Regulation FD Disclosure. |
On October 20, 2026, the Company issued a press release announcing the appointment of Mr. Boushy and the resignation of Ms. Brill. A copy of the press release is attached hereto as Exhibit 99.1.
The information in Item 7.01 of this Current Report on Form 8-K and the press release attached hereto as Exhibit 99.1 are furnished and shall not be treated as filed for purposes of the Securities Exchange Act of 1934, as amended.
| Item 9.01. | Financial Statements and Exhibits. |
d) Exhibits
| Exhibit Number |
Exhibit Title | |
| 10.1 | Board of Directors Service Agreement with John Boushy | |
| 10.2 | Form of Indemnification Agreement for John Boushy | |
| 99.1 | Press Release of Galaxy Gaming, Inc., dated October 20, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 21, 2026
| GALAXY GAMING, INC. | ||
| By: | /s/ Steve Kopjo | |
| Steve Kopjo | ||
| Chief Financial Officer | ||
Exhibit 99.1
Galaxy Gaming Appoints Distinguished Gaming Industry Pioneer John M. Boushy to Board of Directors and Announces the Resignation of Meredith Brill from the Board
LAS VEGAS, Nevada, October 20, 2026 – Galaxy Gaming, Inc. (OTCQX: GLXZ), a leading independent developer and distributor of casino table games and technology, today announced the appointment of John M. Boushy to its Board of Directors, effective October 21, 2026. Mr. Boushy succeeds Meredith Brill, who has informed the Board of her intention to step down after four years of distinguished service, as a Class II Director.
John M. Boushy brings more than 45 years of leadership experience in the gaming, hospitality, technology and entertainment industries. He is the Founder and Managing Member of Boushy Consulting, LLC, where he advises gaming operators, investors and senior executives on strategic, operational and development matters. Through his consulting practice, Mr. Boushy served in executive management roles with the parent company of The Cosmopolitan of Las Vegas, was an advisor to the Second Priority Noteholders Committee during the bankruptcy of Caesars Entertainment Operating Company, served on the board of Caesars Entertainment after its emergence from bankruptcy, and has served since 2015 as Co-Founder and Chairman of the parent company of ReelMetrics.
Prior to founding Boushy Consulting, Mr. Boushy served as Chief Executive Officer, President and Director of Ameristar Casinos, Inc., where he was responsible for leading all aspects of the company’s operations and growth strategy. Before joining Ameristar, he spent more than two decades with Harrah’s Entertainment, Inc., holding a series of senior executive positions including Executive Vice President of Project Development, Design and Construction, Chief Integration Officer, Chief Information Officer, and Senior Vice President of Operations, Marketing and Technology.
During his tenure at Harrah’s, Mr. Boushy oversaw enterprise-wide strategic growth initiatives, enabled by the collaboration of operations, marketing, and information technology; led the integration of the landmark merger between Harrah’s Entertainment and Caesars Entertainment, delivering twice the proforma synergies; and directed major development and capital investment projects. He is widely recognized as an innovator in the application of technology, marketing analytics and operational excellence within the gaming industry, which powers what is now Caesars Total Rewards.
“We are pleased to welcome John to the Galaxy Gaming Board of Directors,” said Mark Lipparelli, Chairman of the Board. “We are fortunate to have someone of his reputation and rare capability lend his expertise to our team. John has been a major force in the gaming industry for several decades, working alongside many of the industry’s most talented leaders and visionaries. He is personally credited with helping advance numerous innovations in gaming operations, marketing and technology throughout his distinguished career. As a senior executive, he has consistently been a demanding partner, a thoughtful collaborator and a catalyst for industry advancement. We look forward to benefiting from his experience, judgment and mentorship in the years ahead.”
Mr. Lipparelli added, “John’s extensive executive leadership experience, coupled with his background in strategic planning, technology innovation, mergers and acquisitions, operations and corporate governance, will be invaluable as Galaxy continues to execute its long-term growth strategy.”
The Board also expressed its appreciation to Meredith Brill for her dedicated service.
“We thank Meredith for her many contributions to Galaxy Gaming over the past four years,” said Mark Lipparelli. “Her insights and guidance have helped position the Company for its next phase of growth, and we wish her every success in her future endeavors.”
About Galaxy Gaming
Headquartered in Las Vegas, Nevada, Galaxy Gaming (galaxygaming.com) develops and distributes innovative games, bonusing systems, and technology solutions to physical and online casinos worldwide. Galaxy Gaming offers games proven to perform developed by gaming experts and backed by the highest level of customer support. Galaxy Gaming Digital is the world’s leading licensor of proprietary table games to the online gaming industry. Galaxy Gaming has 131 licenses worldwide, including licenses in 28 U.S. states.
SAFE HARBOR
This press release contains, and oral statements made from time to time by representatives of Galaxy may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “may,” “will,” “should,” “expects,” “intends,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” or “potential” or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions.
These forward-looking statements reflect the current views, models, and assumptions of Galaxy, and are subject to various risks and uncertainties that cannot be predicted or qualified and are subject to numerous known and unknown risks, uncertainties, assumptions and changes in circumstances, many of which are beyond the control of the Company that may cause actual results in the Company’s performance to differ materially from those expressed or implied by such forward looking statements. These risks and uncertainties include, but are not limited to risks that the termination of the Merger Agreement disrupts the Company’s current plans and operations or diverts the attention of the Company’s management or employees from ongoing business operations; the risk of potential difficulties with the Company’s ability to retain and hire key
personnel and maintain relationships with customers and other third parties as a result of the termination of the Merger Agreement; the risk that the termination of the Merger Agreement may involve unexpected costs and/or unknown or inestimable liabilities; the risk that the Company’s business may suffer as a result of uncertainty surrounding the termination of the Merger Agreement; the risk of stockholder litigation; effects relating to the announcement of the termination of the Merger Agreement on the market price of the Company’s common stock; the ability of Galaxy to enter and maintain strategic alliances, product placements or installations in land based casinos or grow its iGaming business; garner new market share; secure licenses in new jurisdictions or maintain existing licenses; successfully develop or acquire and sell proprietary products; comply with regulations, changes in gaming related and non-gaming related statutes and regulations and/or self-imposed restrictions imposed on and by our customers that affect their revenues in land-based casino and online casino markets; have its games approved by relevant jurisdictions; and adapt to changes resulting from the COVID-19 or other pandemics including without limitation, government imposed shut downs, travel restrictions and supply chain interruptions; and other factors.
Additional information concerning these and other risk factors can be found in the Company’s filings with the Securities and Exchange Commission, including in the most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and Definitive Proxy Statement.
All forward-looking statements made herein are expressly qualified in their entirety by these cautionary statements. While forward-looking statements reflect the good faith beliefs of the Company, they are not guarantees of future performance or events, and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Readers are cautioned that all forward-looking statements speak only to the facts and circumstances present as of the date of this press release. Galaxy expressly disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other changes.