Galaxy Gaming Inc

Galaxy Gaming Inc was incorporated in the State of Nevada on December 29, 2006, and acquired the business operations of several companies using the ‘Galaxy Gaming’ moniker. The Company is a gaming company specializing in the design, development, manufacturing, marketing and acquisition of proprietary casino table games and associated technology, platforms and systems for the casino gaming industry. It is a supplier of gaming entertainment products and provides a diverse offering of products and services at competitive prices, designed to enhance the player’s experience. The Company divide its products into three product categories, it classify as ‘Proprietary Table Games,’ ‘Enhanced Table Systems’ and ‘e-Tables.’ Under the Proprietary Table Games group, the Company designs, develops and delivers its Proprietary Table Games to enhance its casino clients’ table game operations. Casinos use its Proprietary Table Games in lieu of those games in the public domain (e.g. Blackjack, Craps, Roulette, etc.) because of their popularity with players and to increase profitability. Its Proprietary Table Games are grouped into two product types ‘Side Bets’ and ‘Premium Games.’ Side Bets are proprietary features and wagering schemes typically added to public domain games such as poker, baccarat, pai gow poker, craps and blackjack table games. Premium Games are stand-alone Proprietary Table Games with their own set of rules and strategies. Side bets games include 21 Magic, Bonus Craps, Double Match, Quick Draw, among others. Premium games include Buffalo Blackjack Bonus, Kokomo Stud, Texas Shootout, YES Dice among others. Enhanced Table Systems are electronic enhancements used on casino table games to add to player appeal and to enhance game security. It includes three products in this category: its Bonus Jackpot System, its Inter-Casino Jackpot System and MEGA-Share. The Bonus Jackpot System facilitates a jackpot player to win by making a qualified wager. The Company has developed its version of progressive jackpot system for table games that it calls the Inter-Casino Jackpot System. MEGA-Share is a game play methodology invented by the Company that allows a player of one of its table games to share in the winnings of a jackpot together with other players. The Company’s e-Table product enables the automation of certain components of traditional table games such as data collection, placement of bets, collection of losing bets and payment of winning bets. In 2011, it licensed the rights (excluding Oklahoma, Kentucky and the Caribbean) to the TableMAX e-Table system. Simultaneously it obtained e-Table rights to the casino table games Caribbean Stud, Caribbean Draw, Progressive Blackjack, Texas Hold’em Bonus and Blackjack Bullets. The Company’s competitors include Bally Technologies, DEQ Systems, TCS/John Huxley, Masque Publishing, Interblock and Aruze Gaming Corporation. The Company’s operations are subject to regulation by governmental authorities in many jurisdictions in which it offers its products.