other material
confidence high
sentiment neutral
materiality 0.55
Galaxy Gaming secures exclusive EZ Baccarat license from Talisman Group
Galaxy Gaming, Inc.
- Exclusive rights to EZ Baccarat trademarks (Dragon 7, Panda 8) in US, Canada, UK land-based; worldwide online.
- Royalty fees based on percentages of adjusted gross revenues from each gaming platform.
- Term begins September 9, 2023, initial 5 years; mutual renewal option.
- Licensor may terminate if Galaxy fails specified milestones during years 2-3.