A leading B2B iGaming solution provider for casino operators, Evolution Malta Holding Limited, a subsidiary of Evolution AB, communicated it is in the process to buy Galaxy Gaming Inc., a relevant developer and distributor of innovative casino table games and enhanced gaming technology solutions.
The acquisition is in line with Evolution’s strategy of being the world’s top supplier of casino games, supplying its customers with the best gaming content. With this operation, Evolution solidifies its presence in the U.S. market and enhances its position as a leading licensor of proprietary tables games to the online gaming industry.
Headquartered in Las Vegas, Nevada, and with a diverse portfolio of cutting-edge games, Galaxy Gaming has established itself as a trusted partner to casinos worldwide, revolutionizing the sector thanks to its state-of-the-art products and exceptional service.
“We are thrilled to announce the acquisition of Galaxy Gaming, which represents a significant milestone in our mission to provide unparalleled gaming experiences to our customers. Galaxy Gaming’s exceptional products and technology complement our existing portfolio and strengthen our strategic position. Evolution intends to retain the management and employees, and also plans to operate Galaxy Gaming as a separate and independent business unit,” stated Martin Carlesund, CEO at Evolution AB.
As for Matt Reback, President and CEO at Galaxy Gaming, he said: “We believe this transaction represents the opportunity to unite two world-class, customer-focused teams in a way that will benefit all stakeholders. It combines Galaxy Gaming’s thriving land-based business, driven by our industry-leading games and progressive technologies, with Evolution’s global reach and innovative online gaming leadership. This acquisition by Evolution empowers Galaxy to sustain and maintain its independence while continuing to focus on growth and expanding its operations, leveraging Evolution’s operational and financial strength to facilitate product sharing and drive cutting-edge omni-channel innovation.”