Galaxy Gaming

17th May 2021

Online success partially offsets pandemic hit for Galaxy Gaming in Q1

Gaming equipment supplier Galaxy Gaming has posted revenue figures of $4.3m (€3.5m/£3.0m) for the first quarter of 2021, which represents a 4.7% decrease on the…

31st March 2021

Galaxy Gaming revenue drops 52% in 2020

Casino supplier Galaxy Gaming has released its financial results for the fourth quarter and full year 2020, showing a decline in revenue of 52% for…

17th November 2020

Gaming sector “not out of the woods yet”, Galaxy CEO warns

Galaxy Gaming chief executive Todd Cravens warned the gambling industry is still facing headwinds from the novel coronavirus (Covid-19) pandemic, despite the gaming machine supplier…

20th August 2020

Galaxy warns of trouble paying debts amid 88% Q2 revenue hit

Table games supplier Galaxy Gaming saw revenue collapse 87.8% year-on-year to just $664,000 in the second quarter of 2020 as it warned it may struggle…

2nd July 2020

State of the Union: Michigan, Nevada, Golden Nugget and more

This week’s State of the Union, in partnership with Segev LLP, covers the opening of Michigan’s application process for online sports betting and igaming licences,…

29th June 2020

Galaxy sees Q1 revenue fall 15.9% amid Covid-19 closures

Table games supplier Galaxy Gaming has reported a 15.9% year-on-year decline in revenue for the first quarter of 2020, primarily due to the closure of…

20th March 2020

Galaxy Gaming revenue and earnings increase in 2019

Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the…

19th March 2020

State of the Union: Covid-19, NJ, PA, DE, MS and more

This week’s State of the Union, in partnership with Segev LLP, focuses on the impact of the novel coronavirus (Covid-19) pandemic on the US gambling…

17th March 2020

Galaxy Gaming suspends payments from closed casinos

Casino table game supplier Galaxy Gaming has suspended billing any casinos that have closed due to the outbreak of the novel coronavirus disease (Covid-19). The…

26th February 2020

Galaxy Gaming to acquire Progressive Games Partners for $12.4m

Casino table games developer and distributor Galaxy Gaming has agreed a deal to purchase Progressive Games Partners (PGP) for $12.4m (£9.6m/€11.4m). Under the agreement, Galaxy…