---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-060381"
form_type: "8-K"
ticker: "GLXZ"
cik: "0000013156"
company_name: "Galaxy Gaming, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T13:54:11.022004+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Galaxy Gaming appoints Matt Reback as CEO; Q3 revenue estimated at $6.1M

## Summary
- Matt Reback appointed President and CEO effective Nov 13, 2023, succeeding Todd Cravens.
- Employment agreement: $350k base salary, 400,000 option grant vesting over 4 years.
- Preliminary Q3 2023 revenue $6.1M, Adjusted EBITDA $1.5M; nine-month revenue $21.1M, Adj EBITDA $7.8M.
- Q4 2023 guidance: revenue $7.0-$7.5M, Adjusted EBITDA $2.8-$3.2M.
- At Sep 30, 2023: debt $58.7M, cash $15.9M; company in compliance with credit covenants.

## SEC filing metadata
- accession: 0000950170-23-060381
- form_type: 8-K
- ticker: GLXZ
- cik: 0000013156
- company_name: Galaxy Gaming, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/13156/000095017023060381/0000950170-23-060381-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/13156/000095017023060381/glxz_8-k_11_7_23_v2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-060381
- JSON: https://secwatch.observer/filing/0000950170-23-060381.json
- Plain text: https://secwatch.observer/filing/0000950170-23-060381.txt

## Key facts
- Executive change
  Matt Reback was appointed as President and Chief Executive Officer at Galaxy Gaming, Inc..
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On November 6, 2023, the Company and Matt Reback, the Company’s President and Chief Executive Officer, effective November 13, 2023, entered into an Employment Agreement
  evidence_url: https://www.sec.gov/Archives/edgar/data/13156/000095017023060381/0000950170-23-060381-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.