Galaxy Entertainment Group, a market leader in gaming and hospitality, has formed a historic partnership with Capella Hotels and Resorts, the best hotel brand in the world, according to Travel + Leisure Magazine. As a result, the former company’s Galaxy Macau property will become the home of the first Capella property in The Greater Bay Area.

Capella’s 5-star hotel is expected to open by the middle of 2025 and will bring visitors the quality the brand is usually associated with. The new property will enhance the Galaxy Macau complex and would redefine Macau leisure.

Capella at Galaxy Macau will feature a 17-storey hotel with 36 Sky Villas and 57 suites. The luxurious property has been designed by the renowned French firm Moinard Bētaille which has drawn strong inspirations by the local flora.

The Sky Villas will feature a balcony, infinity-edge pool, outdoor lounge, sunroom and hidden winter garden, allowing guests to experience a truly relaxing atmosphere. The villas also sport amenities like a karaoke room, a cocktail bar with a selection of rare whiskies and a games lounge, among others.

The Capella at Galaxy Macau hotel will also sport a variety of other luxurious facilities and premium dining options. The property will notably collaborate with Chef Vicky Cheng to provide guests with an opportunity to dine at an outstanding restaurant.

Capella at Galaxy Macau Will Redefine Luxury

Galaxy Entertainment Group’s vice chairman, Francis Lui, said that his team is looking forward to welcoming guests to this ultra-luxurious hotel. According to him, the tie-up with Capella Hotels and Resorts reflects his team’s desire to create memorable properties within the Galaxy Macau integrated resort and beyond.

We are honored that the globally acclaimed Capella Hotels and Resorts has chosen to partner with us, enabling the world’s most discerning guests to forge new and authentic connections with Macau – a global arts and entertainment hub with a rich cultural history and gateway to the Greater Bay Area.

Francis Lui, VP, Galaxy Entertainment Group

According to Lui, the new addition to the integrated resort will help Galaxy Macau remain ahead of the curve when it comes to providing luxurious hospitality experiences in Macau.

Evan Kwee, vice chairman of Capella Hotel Group, called the creation of the new hotel a “pivotal moment” for his company. He said that his team hopes that the property will introduce visitors to Macau’s rich cultural heritage.

Moinard Bētaille’s Bruno Moinard and Claire Bētaille also commented on the matter, thanking Galaxy Entertainment Group for providing them with exceptional freedom when it came to designing Capella at Galaxy Macau. Chef Cheng also commented on the matter, saying that she cannot wait to impress Capella at Galaxy Macau guests with French-meets-Chinese flavors.

Speaking of Galaxy Entertainment, in February, the company published its Q4 and full-year results, highlighting a strong post-COVID recovery.

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Galaxy Gaming, a leading casino table games developer, has published its financial results for the quarter ended September 30, 2023. While the company reported increased revenue, its net loss doubled.

The third quarter of 2023 notably saw Galaxy Gaming report revenue of $6.1 million, representing an increase of 3%. In the meantime, the company’s Adjusted EBITDA declined by 36% to $1.5 million.

The quarter also saw the company record a net loss of $1.45 million, far exceeding the net loss of $699,000 it recorded in Q3 2022.

On a year-to-date basis, Galaxy Gaming posted revenue of $21 million, up 20% year-on-year. Adjusted EBITDA for the first nine months of the year also increased to $7.8 million, representing a modest increase of 6%.

The overall net loss for the nine-month period is still lower than the one recorded during the first nine months of 2022. For reference, the company recorded a net loss of $988,000 in the first nine months of 2023 versus a net loss of $1.8 million in the prior-year period.

Galaxy Gaming also reported a cash decrease of 13% to $15.9 million. Its total long-term debt decreased from $59.6 million to $58.7 million. Stockholders’ deficit, on the other hand, increased from $17.8 million to $18 million.

The company now expects Q4 revenue of roughly $7-$7.5 million and adjusted EBITDA in the range of $2.8-$3.2 million. This forecast assumes no impact on the company’s business from the ongoing wars in Ukraine and the Middle East.

Cravens Is Optimistic Despite the Setbacks

Todd Cravens, Galaxy Gaming’s president and chief executive officer, commented on the results, underscoring the effect of the challenges the company faced in Q3. He attributed the decline to the lower sales of perpetual licenses. While these sales will likely make the company’s quarterly results lumpier, Cravens said that the company is committed to pursuing such sales.

Cravens also pointed out that the company’s expenses increased because of various factors, including cost of sales, compensation costs and legal and regulatory expenses.

Galaxy Gaming also purchased over $1 million in equipment to fulfill the demand for GoS and EZ Baccarat placement, leading to a decline in its cash position. Speaking of EZ baccarat, the company became its distributor on September 9. Following that, it added almost 500 tables across 120 casinos. Cravens noted that the distribution of EZ Baccarat could provide Galaxy Gaming with an annual EBITDA boost of over $3 million.

Last but not least, Cravens said that the company had its best G2E show ever. According to him, Galaxy Gaming’s participation in the exposition sets it up for increased revenue in 2024.

In other news, in September Galaxy Gaming powered Carnival Corporation ships with GOS, allowing them to offer progressive jackpots to their clients.

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Galaxy Gaming, Inc and Spirit Gaming have confirmed that Spielbank Hannover visitors will now have the opportunity to enjoy progressive blackjack on-site – the first time a game such as this has been introduced in Germany. The casino is established under Casinos Austria International – Lower Saxony Casinos – Spielbanken Niedersachsen.

Galaxy Gaming Delivers Progressive Blackjack Game

Galaxy Gaming is a distributor and developer of casino table games and technology, operating out of Nevada, the United States, and established as one of the most accomplished developers of land-based casino content.

The company distributes innovative games, bonusing systems and technological solutions to both online and land-based companies around the world, and this latest entry has allowed it to further strengthen its position in Europe.

Commenting on this new opportunity, Casino Hannover Christoph Clauditz said that his company was happy to see the installations take place and called the results “convincing.” Galaxy Gaming was similarly pleased with the development.

Company’s Europe sales consultant Gavin Wright was pleased with the development and he said that Galaxy Gaming was thrilled to see Spielbank Hannover and Lower Saxony Casinos handpick the studio’s games.

This has all been facilitated with Spirit Gaming, which is Galaxy Gaming’s exclusive distribution partner for Belgium, Germany, Luxembourg and Austria, and the non-exclusive distribution partner for Lichtenstein and Switzerland.

Spirit Gaming’s robust knowledge of the market paired with Galaxy’s demonstrated success with tailor-made table game solutions and progressive configurations has resulted in another success for both the casino operator and their players.

Company’s Europe sales consultant Gavin Wright

Companies Welcome the New Opportunity

Spirit Gaming founder and managing director Frank Ziegler was similarly pleased with this development. He said that the company was delighted with the successful start of what was described as a long-term partnership with the Nevada-based manufacturer of games.

Galaxy Gaming has not been sitting idly as well, as the company has had a string of important developments take place over the past weeks. The company expanded its partnership with Evolution Gaming, signing a ten-year contract with the company, bringing more excellent content to partners.

Galaxy Gaming has been similarly strengthening its own operational capacity with the addition of the Galaxy Operating System (GOS) designed as an impactful solution that benefits Galaxy’s efforts to provide a more resilient and robust product across the board as well as meet its customers’ needs in full.

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The world’s largest developer and distributor of casino table games, Galaxy Gaming, announced the launch of its next-generation game management system, the Galaxy Operating System (GOS).

Product of Extensive Table Games Progressives Knowledge

The launch of Galaxy Gaming’s new operating system is set to further enhance the attractiveness of the distributor of casino games, bonus systems and technology solutions to both the retail and online casino industry, introducing innovative progressive jackpot options, striking LED sensors and digital tracking.

Commenting on the launch, Todd Cravens, president and chief executive officer of Galaxy Gaming, noted that GOS is a product of the developer’s “extensive knowledge of table games progressives” which was paired “with a modern approach to table management systems” to come up with a “dynamic and scalable operating system.”

“We believe that this is greater than just a progressive system,” Cravens continued, outlining that GOS is “a full operating system designed to evolve with the industry,” the company’s partners, and most importantly, “with what players want.”

The world’s first Dynamic Progressive is set to blend with Galaxy Gaming’s most popular games and transform its renowned progressives by increasing pay alongside an exhilarating experience. In addition, the system supports digital tracking for Galaxy’s Roulette Up Progressive and Make’em All Progressive, as well as the Two-Way Dice Progressive.

Linking Tables on a Single Floor or across Several Casinos

The new operating system allows operators to run multiple jackpots on a wide range of table games with multi-game, tier and denomination progressive options. GOS also supports progressive jackpots with any of these configurations, linking multiple tables on a single floor or across several casinos.

The system also features vibrant sensors capable of instantly registering bets and allows for tables to be fitted with single, dual, or even triple progressive sensor bet spots. A modern UX not only supports these features but also allows for rapid deployment and streamlined field support, while the intuitive design of the dealer touch tablet and its easy-to-learn functions provide for a seamless jackpot procedure.

Designed as a full operating system, GOS is meant to continually evolve in line with advancements in hardware and software enhancements, and Galaxy Gaming is determined to present its next iteration of the system and its latest enhancements at G2E 2023.

Blueprint Gaming, a game studio in the UK owned by German’s Gauselmann Group, became a partner of the headquartered in Las Vegas Galaxy Gaming, after choosing Galaxy for its popular Side Bets features.

Aspers CasinoWestfield also recently teamed with the developer of casino table games to introduce its new 3 Dice Baccarat.

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At the start of March, Galaxy Gaming announced the launch of its 3 Dice Baccarat game at Aspers Casino Westfield. Now, the Las Vegas-based developer and distributor of innovative games, bonusing systems, and technology solutions, has signed an important licensing agreement with Blueprint Gaming. 

Side Bets to Breathe New Life into Table Games

The leading UK-based game studio that belongs to Germany’s Gauselmann Group had chosen Galaxy Gaming for its popular, trademarked Side Bets feature.

Once it has been added to its table games in the second quarter, the Side Bets feature is expected to enhance the engagement potential for Blueprint Gaming’s table games while breathing fresh life into the gameplay.

The freshly licensed Side Bets features will become available across Blueprint Gaming’s entire portfolio of table games in all the jurisdictions the studio currently operates in. 

The first game that will reach the portfolio will be Blackjack Player’s Choice with as many as six Side Bets made available on the date of the launch.

The terms of the new agreement also include the 21+3, which is the leading Side Bet on online and brick-and-mortar gaming venues. The game reunites two of the most popular casino card games on the planet, Blackjack and Three Card Poker. 

21+ 3 has been proven to offer high-paced action at the tables and an overall growing table win and hold.

What Else Does the Deal Include?

According to Galaxy Gaming’s director of iGaming Jason McCulloch, the newly signed licensing partnership will also include other popular titles like Lucky Ladies, Perfect Pairs, Suit’em Up, Lucky Lucky, and Buster Blackjack.

McCulloch described the games as “some of the most popular side bet titles in the world” while expressing excitement to watch them bring new thrills to players in all parts of the world. 

Blueprint Gaming’s director of key accounts and marketing UK Jo Purvis acknowledged their games’ trusted performance over the years while expressing their interest in constantly offering new experiences for players and operators alike. 

Purvis called Galaxy Gaming’s Side Bets “the perfect tool that would help boost player engagement and revenue growth through their potential of adding fresh ways of enjoying their favorite table games.

Galaxy Gaming has established itself as a premium provider of proven games with top-tier performance. Via its Progressive Games Partners subsidiary, the company is considered the leading licensor of proprietary table games for the iGaming industry. 
In January, Blueprint Gaming signed an agreement with NorthStar Gaming as a means of building more momentum in the Canadian gaming market through the launch of its portfolio of slots for Ontario players.

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