{"id":8195,"date":"2024-11-14T06:24:44","date_gmt":"2024-11-14T06:24:44","guid":{"rendered":"https:\/\/slategray-wallaby-310340.hostingersite.com\/index.php\/2024\/11\/14\/galaxy-gaming-stockholders-approve-evolutions-acquisition-of-assets\/"},"modified":"2024-11-14T06:24:44","modified_gmt":"2024-11-14T06:24:44","slug":"galaxy-gaming-stockholders-approve-evolutions-acquisition-of-assets","status":"publish","type":"post","link":"https:\/\/casino-online-best.com\/index.php\/2024\/11\/14\/galaxy-gaming-stockholders-approve-evolutions-acquisition-of-assets\/","title":{"rendered":"Galaxy Gaming Stockholders Approve Evolution\u2019s Acquisition of Assets"},"content":{"rendered":"<div>\n<p>A recent vote by Galaxy Gaming\u2019s shareholders approved the acquisition of Galaxy\u2019s assets by Evolution Malta Holding Limited, a division of Evolution AB. The impending merger, which is anticipated to result in major changes for Galaxy Gaming, gave shareholders a chance to voice their opinions during a special meeting.<\/p>\n<h2><strong>Transition to Private Ownership Set for 2025<\/strong><\/h2>\n<p>In a statement following the stockholder vote, Galaxy Gaming outlined the next steps for the transaction. <em>\u201cThe transaction is expected to close mid-2025 and is subject to customary closing conditions, including the receipt of regulatory approvals,\u201d<\/em> the company shared. Once the deal is finalized, Galaxy Gaming will become a privately held entity. Consequently, Galaxy Gaming common stock will be removed from any public stock exchange listings.<\/p>\n<p>Additionally, Galaxy Gaming announced plans to submit the final voting results of the special meeting to the US Securities and Exchange Commission (SEC) through a Form 8-K filing. The company\u2019s subsidiary, Progress Gaming Partners, will continue to act as a global licensor for Galaxy\u2019s proprietary table games used in the online gaming industry.<\/p>\n<p>In recent years, Galaxy Gaming has made strides with its new game management system, featuring LED sensors, progressive jackpots, and digital tracking. This system has already been deployed on several cruise ships, enhancing the gaming experience for players in transit.<\/p>\n<p>On the Evolution side, the business has expanded within the United States by bringing its well-liked Crazy Time live game to Michigan. Now accessible in five states, Crazy Time\u2014known for its visual appeal and interactive elements\u2014helps Evolution expand its market share in the US gaming industry.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-logo box-25 relative\">\n<div class=\"space-org-3-item-logo-ins box-100 text-center relative\">\n<div class=\"space-org-logo-title-box box-100 text-left relative\">\n<div class=\"space-org-3-item-logo-box box-25 relative img-radius\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\"><br \/>\n\t\t<amp-img alt=\"Mirax Casino\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2023\/01\/Mirax-Casino.png.webp\" width=\"50\" height=\"50\" layout=\"fixed\"><br \/>\n\t\t<\/amp-img><br \/>\n\t\t<\/a>\n\t\t<\/div>\n<div class=\"space-org-3-item-logo-title box-25 relative py-10\">\n\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Mirax Casino\" target=\"_blank\" rel=\"nofollow\">Mirax Casino<\/a>\n\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\">\n\t\t<strong>350% or 5BTC + <strong>150 Spins!<\/strong><\/strong><br \/>\n\t\t<\/p>\n<div class=\"pt-1\">New players only. Exclusive Welcome Bonus of 350% + 150 Free Spins\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-rating box-25 relative mb-10\">\n<div class=\"rating-box text-center box-100  relative\">\n<div class=\"space-org-3-item-rating-box relative\">\n<div class=\"stars\"><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><span class=\"star on\"><\/span><\/div>\n<div class=\"space-org-rating-notice relative\">Casino<\/div>\n<\/p><\/div>\n<p>\t\n\t\t\t\t <\/div>\n<\/p><\/div>\n<div class=\"space-org-3-item-button box-25 relative\">\n<div class=\"space-org-3-item-button-ins box-100 text-center relative\">\n\t\t\t\t<a href=\"https:\/\/igaming.org\/site\/mirax-casino\/\" title=\"Visit Site\" target=\"_blank\" rel=\"nofollow\">\tVisit Site<\/a>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The merger will improve Evolution\u2019s position in the U.S. market and expand its selection of table games, while regulatory permissions are still needed. Galaxy\u2019s move to private ownership under Evolution\u2019s leadership is a big change, particularly since Evolution wants to spread its in-house games and systems throughout North America and beyond.<\/p>\n<p>The post <a href=\"https:\/\/igaming.org\/casino-news\/galaxy-gaming-stockholders-approve-evolutions-acquisition-of-assets\/\">Galaxy Gaming Stockholders Approve Evolution\u2019s Acquisition of Assets<\/a> appeared first on <a href=\"https:\/\/igaming.org\/\">iGaming.org<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A recent vote by Galaxy Gaming\u2019s shareholders approved the acquisition of Galaxy\u2019s assets by Evolution Malta Holding Limited, a division of Evolution AB. The impending merger, which is anticipated to result in major changes for Galaxy Gaming, gave shareholders a chance to voice their opinions during a special meeting. Transition to Private Ownership Set for [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[],"tags":[],"class_list":["post-8195","post","type-post","status-publish","format-standard","hentry"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":6}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8195","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/comments?post=8195"}],"version-history":[{"count":0,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/posts\/8195\/revisions"}],"wp:attachment":[{"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/media?parent=8195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/categories?post=8195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/casino-online-best.com\/index.php\/wp-json\/wp\/v2\/tags?post=8195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}