Galaxy Gaming revenue and earnings increase in 2019

first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 20th March 2020 | By Daniel O’Boyle Galaxy Gaming revenue and earnings increase in 2019 Topics: Casino & games Finance Poker Table games Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the closure of many casinos due to the outbreak of Covid-19. Email Address Table games supplier Galaxy Gaming’s revenue increased 14.5% to $21.3m for 2019 and said it remains confident that it has the funds to survive the closure of many casinos due to the outbreak of Covid-19.The business’s earnings before interest, tax, depreciation and amortisation EBITDA, meanwhile, came to $8.8m, up 33.3% year-on-year.The business ended 2019 with cash reserves of $9.7m and long-term debt of $48.0m.As a land-based supplier, the casino closures and social distancing measures caused by the outbreak of the novel coronavirus disease (Covid-19) have had a major effect on Galaxy in 2020.Read more on iGB North America. Regions: US Casino & games Subscribe to the iGaming newsletter Tags: Card Rooms and Pokerlast_img

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