Added to YB: 2026-02-11
Pitch date: 2026-02-09
GLXZ [bullish]
Galaxy Gaming, Inc.
-5.76%
current return
Author Info
Triple S is a professional special situations investor who shares ideas in their newsletter. Sign up for the newsletter.
Company Info
Galaxy Gaming, Inc., a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry.
Market Cap
$52.0M
Pitch Price
$1.91
Price Target
3.20 (+67%)
Dividend
N/A
EV/EBITDA
8.52
P/E
-58.31
EV/Sales
2.94
Sector
Hotels, Restaurants and Leisure
Category
special_situation
The GLXZ Merger Arb
GLXZ: Evolution's $3.20 buyout facing Nevada gaming approval hurdles due to new Notice #2026-04 targeting operators in prohibited jurisdictions like China/Iran. Evolution's Q4 call suggests deal not worth major biz model changes. Trading $2 vs $3.20 deal price = 60% upside if approved, ~25% downside to standalone value. Market pricing 2/3 chance deal fails.
Read full article (5 min)