Galaxy Gaming (GLXZ) 2011 Earning Conference Call

1. 2011 EARNINGS REVIEW

2. Today’s Agenda…
1. Financial Highlights
2. Operational Highlights
3. What’s in Store
4. Q&A
Safe Harbor Statement: The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements made by us or on
our behalf. Except for the historical information, this offering contains various forward-looking statements which represent our expectations or beliefs
concerning future events, including the future levels of cash flow from operations. Management believes that all statements that express expectations
and projections with respect to future matters; our ability to negotiate contracts having favorable terms; and the availability of capital resources; are
forward-looking statements within the meaning of the Private Securities Litigation Reform Act. We caution that these forward-looking statements
involve a number of risks and uncertainties and are subject to many variables which could impact our financial performance. These statements are
made on the basis of management’s views and assumptions, as of the time the statements are made, regarding future events and business
performance. There can be no assurance, however, that management’s expectations will necessarily come to pass. We will also be discussing certain
financial measures such as adjusted EBITDA, which represents a non-GAAP financial measure.

3. Financial Highlights

4. 2011
2011 vs. 2010
2010
$4,000
$3,685 $3,586
$3,500
$3,055
$2,919
$3,000
$2,500
$2,000
$1,500
$1,000
$500
$84 $2
$0
($136)
($500)
($473)
($1,000)
Gross Revenue Gross Profit EBITDA Net Profit

5. Q-4 2011 vs. Q-4 2010 2011
2010
$1,442
$1,500
$1,383
$1,250
$1,000
$783
$735
$750
$455
$500
$250
$0
($58) ($10)
($101)
($250)
($500)
Gross Revenue Gross Profit EBITDA Net Profit

6. Q-4 2011 vs. Q-3 2011 Q-4
Q-3
$1,442
$1,500
$1,383
$1,250
$1,000
$734 $717
$750
$455
$500
$250
$0
($10)
($250)
($191) ($221)
($500)
Gross Revenue Gross Profit EBITDA Net Profit

8. Gross Margins
100% 2008 2009 2010 2011 2012 (Est.)
99%
97.4% 97.4%
98%
97%
95.7%
96%
95% 94.5%
94%
92.5%
93%
92%
91%
90%

9. EBITDA
2008 2009 2010 2011 2012 (Est.)
$2,500
$2,050
$2,000
$1,500
$1,000
$500
$84
$2
$0 ($170)
($388)
($500)

10. Net Profit
2008 2009 2010 2011 2012 (Est.)
$250
$0
$0
($136)
($250)
($448)
($504)
($500)
($473)
($750)

11. Operational Highlights

12. E-Tables
Enhanced
Proprietary Systems
Games
Inter-Casino Jackpot Network

13. 2011 Accomplishments
Acquisitions:
• TableMAX
• Prime Table Games US & UK
• Lakes Entertainment

14. 2011 Accomplishments
Geographic Expansion:
• Idaho
• Michigan
• Europe
• British Isles
• Caribbean

15. 2011 Accomplishments
Research & Development:
• Bonus Jackpot System – Andromeda 3
• Inter-Casino Jackpot System
• Deployed MEGA-Share
• Several New Game Titles

16. 2011 Accomplishments
Other:
• Best Response Ever at G2E
• Reached 2,500 Table Milestone
• Reached 500 Table Milestone
• Settled Sherron Litigation
• Expanded TableMAX Installations

17. What’s in Store

18. OCT
21+3 Placements - US
2011 YE 2012 YE 2013 YE 2014 YE 2015 YE 2016
1,250
1,157
964
1,000
771
750
571
500
408
272
250

19. OCT
21+3 Placements - US
2011 YE 2012 YE 2013 YE 2014 YE 2015 YE 2016
1,250
1,157
964
1,000
771
750
End of Q-1 632
571
500
408
288
272
250

20. 2012 Expectations
Research & Development:
• Andromeda 4 Release
• Triangulum Series Pre-engineering
• TableMAX – Model “E” Release
• Additional Game Releases

21. 2012 Expectations
Revenue Opportunities:
• Expanded Jurisdictions
• Increased Sales Focus on Existing Products
• TableMAX – Model “E”
• Reduced Removals
• Internet and Other Licensing Revenue

22. 2012 Expectations
Other:
• Possible Acquisitions
• Brand Licensing
• New Web Site
• Shareholder Liquidity Program

23. Q&A