Galaxy Gaming® and Hasbro Announce Licensing Agreement for World-Famous Games
MWN-AI** Summary
Galaxy Gaming, Inc. (OTC: GLXZ), a leading independent developer and distributor of casino table games, has announced a multi-year licensing agreement with Hasbro, Inc. (NASDAQ: HAS), renowned for its diverse portfolio of games, toys, and entertainment. This partnership will see Galaxy Gaming create and distribute casino adaptations of Hasbro's iconic games, including MONOPOLY, YAHTZEE, and BATTLESHIP, bringing their nostalgic allure to casino table game pits.
Matt Reback, President and CEO of Galaxy Gaming, expressed enthusiasm about merging their innovative gaming strategies with Hasbro's beloved brands. He emphasized the aim to transform these classic games into new casino experiences that resonate with players by enhancing gameplay while capturing the essence of the original titles.
Hasbro's Claire Hunter Gregson, Director of Gaming Relationships, echoed this enthusiasm, highlighting Galaxy Gaming's qualifications and expertise as the ideal partner for this venture. This collaboration aims to enchant a new generation of casino patrons by allowing them to relive the excitement of these celebrated, family-friendly games in a thrilling casino environment.
The first games expected under this licensing agreement are slated for debut at the Global Gaming Expo (G2E) in 2025, with installations in casinos scheduled to begin in early 2026. This strategic move signifies a unique intersection of traditional board games and modern casino entertainment, potentially broadening the appeal of table games to various demographics.
Both companies possess substantial experience in their respective fields, with Galaxy Gaming holding over 131 licenses globally and Hasbro leveraging over 164 years of expertise in creating engaging play experiences. This partnership not only aims to enhance the casino experience but also reflects a growing trend of integrating recognizable entertainment brands into gaming environments.
MWN-AI** Analysis
The recent licensing agreement between Galaxy Gaming, Inc. (OTC: GLXZ) and Hasbro, Inc. (NASDAQ: HAS) is set to revitalize the casino table game market. By infusing iconic Hasbro titles like MONOPOLY, YAHTZEE, and BATTLESHIP into casino settings, Galaxy Gaming can leverage the nostalgic value and broad recognition of these games to attract a new demographic of casino patrons.
Investors should view this partnership as a strategic move with substantial market potential. Galaxy Gaming’s established reputation as a leading developer of casino table games, combined with Hasbro’s portfolio of beloved brands, could shift consumer engagement in the gaming sector. The anticipated games are likely to be well-received, driving foot traffic in casinos and potentially increasing revenue streams through both gameplay and associated promotional activities.
From a financial standpoint, Galaxy Gaming may experience a boost in share price as the new games create excitement leading into their debut at the Global Gaming Expo (G2E) in 2025 and launch in early 2026. For Hasbro, capitalizing on their intellectual property in a new market could also enhance brand exposure and contribute to diversified revenue streams, which is pivotal given the changing landscape in entertainment consumption.
Investors, however, should remain cautious. The success of this initiative depends on multiple factors, including effective execution of game development, reception by casino operators, and competitive landscape dynamics. Given the upcoming merger with Evolution Malta Holding (pending regulatory approvals), the integration processes may influence both companies' operational focus and resources.
In summary, both Galaxy Gaming and Hasbro appear positioned for potential growth through this licensing agreement. Investors may want to monitor upcoming developments closely, paying particular attention to market reactions at G2E 2025, as these factors will be integral in assessing long-term investment viability in both firms.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
LAS VEGAS, July 01, 2025 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTC: GLXZ), the world’s leading independent developer and distributor of casino table games and technology, and Hasbro, Inc. (NASDAQ:HAS), a leading games, IP and toy entertainment company, today announced they have entered into a multi-year licensing agreement through which Galaxy Gaming will bring Hasbro's iconic games to casino table game pits.
Under the terms of the agreement, Galaxy Gaming will develop and distribute casino table games based on Hasbro's world-famous titles, including MONOPOLY, YAHTZEE, and BATTLESHIP. This partnership marries Galaxy Gaming's expertise in creating thrilling casino experiences with the nostalgic joy and distinctive excitement of Hasbro's beloved global brands. Casino patrons will soon enjoy the familiar rush of MONOPOLY, the suspense of rolling dice in YAHTZEE, and the explosive thrill of BATTLESHIP all reimagined for the table games pit.
“We are beyond excited to bring some of the best-loved brands to table games players around the world,” said Matt Reback, President and CEO of Galaxy Gaming. “This new deal is a testament to Galaxy’s singular focus on table games and our commitment to enhancing the base games players know and love, with innovative new game play experiences. MONOPOLY, YAHTZEE, and BATTLESHIP have thrilled generations of players, and we look forward to translating the fun and excitement of these games into new and entertaining casino experiences.”
“At Hasbro, we’re passionate about play in all its forms—from game nights to authentic casino experiences. After an extensive RFP process, we’re excited to select Galaxy Gaming as our exclusive partner for branded table games,” said Claire Hunter Gregson, Director of Gaming Relationships. “Galaxy’s expertise in this space makes them the ideal team to bring our iconic brands to casino floors in dynamic and compelling ways. We can’t wait to see what we’ll create together.”
The first games under this licensing agreement are expected to debut at Global Gaming Expo (G2E) 2025 and will begin appearing in casinos in early 2026.
About Galaxy Gaming
Headquartered in Las Vegas, Nevada, Galaxy Gaming (galaxygaming.com) develops and distributes innovative games, bonusing systems, and technology solutions to physical and online casinos worldwide. Galaxy Gaming offers games proven to perform developed by gaming experts and backed by the highest level of customer support. Galaxy Gaming Digital is the world’s leading licensor of proprietary table games to the online gaming industry. Galaxy Gaming has 131 licenses worldwide, including licenses in 28 U.S. states.
About Hasbro
Hasbro is a leading games, IP and toy company whose mission is to create joy and community through the magic of play. With over 164 years of expertise, Hasbro delivers groundbreaking play experiences and reaches over 500 million kids, families and fans around the world, through physical and digital games, video games, toys, licensed consumer products, location-based entertainment, film, TV and more.
Through its franchise-first approach, Hasbro unlocks value from both new and legacy IP, including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, MONOPOLY, HASBRO GAMES, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands. Powered by its portfolio of thousands of iconic marks and a diversified network of partners and subsidiary studios, Hasbro brings fans together wherever they are, from tabletop to screen.
For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, a 2025 JUST Capital Industry Leader, one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50, and a Brand that Matters by Fast Company. For more information, visit https://corporate.hasbro.com or @Hasbro on LinkedIn.
Some of the information contained in this press release includes forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “could,” “might,” “expect,” “intend,” "target," “plan,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” or the negative of these terms or other similar expressions. These forward-looking statements are only predictions. We have based these forward-looking statements on our current expectations, assumptions and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the control of the Company, that may cause actual results and future events to differ significantly from those expressed in any forward-looking statement.
These risks and uncertainties include, but are not limited to, the ability to complete the Company’s acquisition by Evolution Malta Holding Limited (“Evolution”), Evolution AB (publ)’s wholly owned subsidiary (the “Merger”) on the proposed terms or on the anticipated timeline, or at all, including risks and uncertainties related to gaming regulatory approvals and satisfaction of other closing conditions to consummate the proposed Merger; the occurrence of any event, change or other circumstance that could give rise to the termination of the Merger Agreement (as defined herein) relating to the proposed Merger; risks that the proposed Merger disrupts the Company’s current plans and operations or diverts the attention of the Company’s management or employees from ongoing business operations; the risk of potential difficulties with the Company’s ability to retain and hire key personnel and maintain relationships with customers and other third parties as a result of the proposed Merger, including during the pendency of the Merger; the risk that the proposed Merger may involve unexpected costs and/or unknown or inestimable liabilities; the risk that the Company’s business may suffer as a result of uncertainty surrounding the proposed Merger; the risk that stockholder litigation in connection with the proposed Merger may affect the timing or occurrence of the proposed Merger or result in significant costs of defense, indemnification and liability; effects relating to the announcement of the Merger or any further announcements or the consummation of the Merger on the market price of the Company’s common stock; the ability of the Company to enter and maintain strategic alliances, product placements or installations in land based casinos or grow its iGaming business, garner new market share, secure licenses in new jurisdictions or maintain existing licenses, successfully develop or acquire and sell proprietary products, comply with regulations, including changes in gaming related and non-gaming related statutes and regulations that affect the revenues of our customers in land-based casino and, online casino markets, have its games approved by relevant jurisdictions, unfavorable economic conditions in the US and worldwide, our level of indebtedness, restrictions and covenants in our loan agreement, dependence on major customers, protection of intellectual property and our ability to license the intellectual property rights of third parties, failure to maintain the integrity of our information technology systems, including without limitation, cyber-attacks or other failures in our telecommunications or information technology systems, or those of our collaborators, third-party logistics providers, distributors or other contractors or consultants, could result in information theft, data corruption and significant disruption of our business, and other factors. Additional information concerning these and other risk factors can be found in the Company’s filings with the Securities and Exchange Commission, including in the most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and Definitive Proxy Statement.
All forward-looking statements made herein are expressly qualified in their entirety by these cautionary statements. While forward-looking statements reflect the Company’s good faith beliefs, they are not guarantees of future performance or events and there can be no assurance that the actual results, events or developments referenced herein will occur or be realized. Any forward-looking statement speak only as of the date on which it was made. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, or new information, data or methods, future events or other changes.
Contact:
Media:
Phylicia Middleton (702) 938-1753
Investors:
Steve Kopjo (702) 727-8886
FAQ**
How might the licensing agreement between Galaxy Gaming Inc GLXZ and Hasbro impact the financial performance of Galaxy Gaming in the coming years?
What specific strategies does Galaxy Gaming Inc GLXZ plan to implement to effectively market the new Hasbro table games in casinos worldwide?
Can Galaxy Gaming Inc GLXZ leverage its existing licenses to enhance distribution of Hasbro's games, and if so, how will this influence their market share?
What are the anticipated challenges Galaxy Gaming Inc GLXZ might face in integrating Hasbro's brands into their casino game offerings, particularly during the launch phase?
**MWN-AI FAQ is based on asking OpenAI questions about Galaxy Gaming Inc (OTC: GLXZ).
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