Galaxy Gaming signs up High Variance Games portfolio

If you thought Scientific Games' acquisition of Lightning Box would be the only deal announced on Wednesday 4 August, you perhaps underestimated the gaming industry.

GalaxyGamingPic

Admittedly, Galaxy Gaming's latest news is not a full-on acquisition, but the Las Vegas-based casino supplier has purchased the rights to the game portfolio of High Variance Games, LLC.

This portfolio includes Super Blackjack, Super Texas Hold'em, Super Pai Gow, Three Card Stud Triple Draw and Super Omaha Poker.

Jeff Hwang, President and CEO of High Variance Games, displayed the same delight Lightning Box Managing Director Peter Causley did when discussing his Scientific Games deal.

Hwang said: "Galaxy Gaming has the distribution network I was looking for in a partner and an impressive, forward-thinking management team. I see an organisation with a ton of upside."

And Todd Cravens, Galaxy Gaming's President and CEO, added: "We're thrilled to work with Jeff Hwang to add these new titles to our content portfolio and Prime Membership catalog.

"What excites us about these new games is that we believe they will resonate with casino players and add even more diversity and strength to our catalog of world-famous titles."

The supplier will naturally be hoping for a boost following its Q1 results, when revenue decreased 5% and net income fell from $117,000 to $89,000. We are yet to see how Q2 went, however.

Steve Cvetkoski, Galaxy Gaming's Director of Product Development, is confident High Variance Games will provide a "natural fit."

He explained: “With our focus on innovative, omnichannel content, Jeff’s games are a natural fit. They’re unique, exciting games that add to the breadth of our portfolio.

"We expect high action while maximising a player’s 'time on device' – certainly a real win-win for both players and operators."

Over to you, Mr Hwang.

Premium+ Connections
Premium
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
Premium Connections
Consultancy
Executive Profiles
Ainsworth Game Technology
Seneca Gaming Corporation
Isle of Man Gambling Supervision Commission
Gaming Inspection and Coordination Bureau (DICJ)
Follow Us

A welcome from your host

A message from the Founder of the Global Gaming Awards and G...

From the Lead Partner

A message from BetConstruct - Lead Partner of the Global Gam...

The year in review

The Event Manager of the Global Gaming Awards reviews the mo...

Casino Operator of the Year 2025

We present to you the 2025 Shortlist for the Casino Operator...

Facing facts: FY revenue figures reflect a turbulent '24

Who soared high and who fell behind in 2024? Gambling Inside...

Taking stock: Moving through to Q2

Gambling Insider tracks online casino operator and supplier...

Preview: This year's Global Gaming Awards Asia-Pacific and Americas

It’s that time of year once again, as the Global Gaming Aw...

Costa Rica: Effective regulation is the industry's path forward

Gambling Insider Senior Staff Writer Beth Turner spoke with...