Evolution and Galaxy Gaming have agreed to extend the outside date of their merger agreement to 17 July 2026 as the companies continue to progress through the remaining regulatory approval processes. The extension reaffirms their commitment to completing the proposed acquisition, which will see Galaxy become a wholly owned subsidiary of Evolution.
The original merger agreement, involving Evolution Malta Holding Limited and Galaga Merger Sub, outlines a structure in which the merger subsidiary will combine with Galaxy, leaving Galaxy as the surviving entity under Evolution ownership. The companies report that regulatory approvals are expected to be secured during the first quarter of 2026.
Mississippi regulators granted approval in November 2025, and Evolution and Galaxy Gaming will continue working with additional authorities to meet the Gaming Approval Closing Condition by the extended deadline. Once all required approvals are obtained and other conditions satisfied or waived, the companies expect the transaction to close shortly thereafter.
The merger aligns with both organisations’ stated ambitions to advance innovation within the global gaming and igaming sectors.
“We remain fully committed to completing the acquisition of Galaxy Gaming and are confident in the progress toward regulatory approvals. This extension reflects our respect for the review processes of U.S. gaming regulators, and our shared determination to bring two complementary businesses together. Galaxy Gaming’s innovative products and technology will strengthen Evolution’s position and enable us to deliver even greater value to our customers worldwide.”
“Following close, we look forward to supporting Galaxy Gaming’s operation as an independent business unit within Evolution, preserving its unique culture while leveraging our global reach and resources to accelerate growth.” – Martin Carlesund, CEO Evolution AB (publ)
Matt Reback, CEO of Galaxy Gaming, added: “We are energized by the progress toward closing and the tremendous opportunities ahead. This transaction brings together two world-class, customer-focused teams and positions us to deliver exceptional experiences across both land-based and online channels. With Evolution’s global reach and financial strength, Galaxy Gaming will accelerate innovation and growth while preserving the independence and identity that define our brand.”
“Post-close, we will build on our proven collaboration to drive omni-channel innovation and create even greater value for our partners and players worldwide.”
