Galaxy Gaming
Omnichannel table games experts delivering innovative games and technologies proven to perform.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 Valuation: €0.0 2.7x EV/Revenue 8.8x EV/EBITDA | round | |
* | N/A | N/A | Debt |
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 17 % | 19 % | 14 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 34 % | 39 % | 35 % | 30 % |
| Profit | 0000 | 0000 | 0000 | 0000 |
| % profit margin | 11 % | (8 %) | (7 %) | (8 %) |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
| R&D % of revenue | 3 % | 2 % | 3 % | 3 % |
Source: Company filings or news article
Galaxy Gaming, established in 1997 and headquartered in Las Vegas, Nevada, operates as a developer and distributor of table games, electronic wagering platforms, and enhancement systems for the casino industry. The company primarily serves land-based and online casinos globally, providing them with a portfolio of proprietary games and technologies designed to enhance the player experience and improve casino floor profitability. Its business model revolves around earning recurring royalty fees from the placement of its games and systems, rather than direct participation in gaming winnings, creating a stable revenue stream tied to the volume of play. The company went public in 2007, trading under the ticker GLXZ.
The company was founded by Robert Saucier, who brought his background in mathematics and casino management to the venture. His journey began with creating a single side bet, which laid the groundwork for the company's focus on table game innovations. This focus led to the development of a diverse library of games. Todd Cravens currently leads the company as President and CEO, overseeing its strategic direction and expansion into new markets, including the growing iGaming sector.
Galaxy Gaming's core offering is its library of proprietary table games, which includes popular titles like *21+3*, *Three Card Poker*, and *Bonus Craps*. A key product is the Galaxy Operating System (GOS), a platform that enables features like progressive jackpots and electronic bonusing on traditional felt tables. For casino operators, this system provides enhanced data tracking and analytics while offering players additional ways to win. The company has also developed the Triton Casino Systems management tool, which helps casinos monitor and manage their table game operations efficiently. Through strategic partnerships and a focus on both land-based and digital distribution, Galaxy Gaming has positioned itself as a significant supplier within the casino gaming equipment and content market.
Keywords: casino table games, iGaming content, gaming intellectual property, progressive jackpots, casino technology, electronic wagering systems, game distribution, B2B gaming, casino suppliers, table game enhancements