Galaxy Gaming and Evolution said on 25 November 2025 that they had extended the deadline for their proposed merger to 17 July 2026. The companies expect the remaining regulatory approvals in the first quarter of 2026; Mississippi approved the transaction in November 2025.
The extension gives the companies more time to obtain outstanding regulatory approvals before the proposed merger deadline.
Quarter ended 30 June 2026
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Evolution said its planned merger with Galaxy Gaming would no longer proceed. The agreement ended after its official deadline expired.
It was reported that Galaxy Gaming’s board authorised repurchases of up to $4m in common shares after its Evolution merger ended. Evolution acknowledged a $5.2m termination payment obligation to Galaxy.
It was reported that Galaxy Gaming is considering extending or ending its merger agreement with an Evolution subsidiary after the planned closing date passed. Neither side had terminated the agreement.
Evolution AB has ended its previously announced acquisition of Galaxy Gaming after the deadline to close the transaction passed. Evolution published a notice announcing termination of the deal, and the report was updated to include a response from Galaxy Gaming and Evolution's intention to end the merger.
Galaxy Gaming said it signed a multi-year extension with Netco Ltd to remain the exclusive global online distributor of Perfect Pairs. The agreement covers live dealer and random number generator formats.