Galaxy Gaming, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	NOTE 9. SUBSEQUENT EVENTS On April 22, 2024 the Company and Harry C. Hagerty entered into an amendment to his employment agreement dated May 1, 2017, as amended. The amendment, among other things, extends the term of employment through April 30, 2025, after which he intends to retire from the Company. The amended employment agreement anticipates that, upon the hiring a new CFO, Mr. Hagerty will serve as a strategic advisor during the remaining term of the amended agreement to assist with the transition to the Company of the new CFO. Pursuant to the amended employment agreement, Mr. Hagerty continues to receive a base salary of $200,000 while he retains the title of CFO. Mr. Hagerty’s salary will be $12,000 per month for three (3) months and $6,000 per month for any months remaining until April 30, 2025 while he serves as strategic advisor.

SUBSEQUENT EVENTS

3 Months Ended

Mar. 31, 2024

NOTE 9. SUBSEQUENT EVENTS

On April 22, 2024 the Company and Harry C. Hagerty entered into an amendment to his employment agreement dated May 1, 2017, as amended. The amendment, among other things, extends the term of employment through April 30, 2025, after which he intends to retire from the Company. The amended employment agreement anticipates that, upon the hiring a new CFO, Mr. Hagerty will serve as a strategic advisor during the remaining term of the amended agreement to assist with the transition to the Company of the new CFO. Pursuant to the amended employment agreement, Mr. Hagerty continues to receive a base salary of $200,000 while he retains the title of CFO. Mr. Hagerty’s salary will be $12,000 per month for three (3) months and $6,000 per month for any months remaining until April 30, 2025 while he serves as strategic advisor.