Matthew David Reback, the CEO and President of Galaxy Gaming, Inc., has reported a significant acquisition of shares. In a recent filing, Reback disclosed that he acquired 100,000 shares of common stock on August 20, 2026. This transaction brings his total ownership to 170,000 shares. The filing, dated October 30, 2026, highlights Reback's confidence in the company's prospects.
Galaxy Gaming, Inc., identified by the Central Index Key (CIK) number 0000013156, operates within the amusement and recreation services sector. The company is based in Las Vegas, Nevada, with its business address located at 6480 Cameron Street, Suite 305. Galaxy Gaming has undergone several name changes in its history, previously known as Secured Diversified Investment Ltd and Book Corp of America.
The SEC filing indicates that Reback's acquisition involved no monetary transaction as the shares were acquired at a price of $0 per share. Following this acquisition, Reback holds a direct ownership of 170,000 shares, demonstrating his commitment to the company.
This development may have implications for Galaxy Gaming's stakeholders, including investors and employees, as it reflects Reback's belief in the company's future. The amusement and recreation services industry is known for its competitive nature, with companies constantly adapting to changing consumer demands and regulatory environments.
Details were not available in the SEC filing regarding any future actions or plans following this acquisition.
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