Added to YB: 2025-09-25
Pitch date: 2025-08-08
GLXZ [bullish]
Galaxy Gaming, Inc.
-42.1%
current return
Author Info
No bio for this author
Company Info
Galaxy Gaming, Inc., a gaming company, engages in the design, development, acquisition, assembly, marketing and licensing of proprietary casino table games, side bets, and associated technology, platforms and systems for the casino and iGaming industries.
Market Cap
$42.6M
Pitch Price
$2.90
Price Target
3.20 (+91%)
Dividend
N/A
EV/EBITDA
6.39
P/E
8.99
EV/Sales
2.49
Sector
Hotels, Restaurants and Leisure
Category
special_situation
Galaxy Gaming, Inc. - $GLXZ
GLXZ: 30% annualized IRR merger arb with Evolution at $3.20/share vs $2.90 current price. Deal highly likely to close (80%+ chance) pending gaming approvals across US states. Low downside ~3-7% if deal breaks due to $45M BMO refinancing (saving $2.8M annual interest) + $5.2M termination fee. 2024 EBITDA beat by 7% at $13M, trading 8.6x EBITDA while growing teens %.
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