Annual report pursuant to Section 13 and 15(d)

NOTES PAYABLE (Details Narrative)

v2.4.1.9
NOTES PAYABLE (Details Narrative)
12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2014
USD ($)
Oct. 31, 2011
USD ($)
Oct. 31, 2011
Prime Table Games UK and LLC
USD ($)
Dec. 31, 2014
Prime Table Games UK and LLC
Oct. 31, 2011
Notes Payable
Prime Table Games LLC
USD ($)
Dec. 31, 2014
Notes Payable
Prime Table Games LLC
USD ($)
Oct. 31, 2011
Notes Payable
Prime Table Games UK
GBP (£)
Dec. 31, 2014
Notes Payable
Prime Table Games UK
USD ($)
Dec. 31, 2014
Notes Payable
Prime Table Games UK
GBP (£)
Debt Instrument [Line Items]                  
Monthly principal and interest payments           $ 9,159us-gaap_DebtInstrumentPeriodicPayment
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
     
Note payable, Frequency of periodic payment monthly                
Fixed interest rate           7.30%us-gaap_LongTermDebtPercentageBearingFixedInterestRate
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
     
Balloon payment           1,003,000us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
     
Promissory Note payable, total 22,680,000us-gaap_BusinessCombinationConsiderationTransferred1   22,680,000us-gaap_BusinessCombinationConsiderationTransferred1
/ us-gaap_StatementScenarioAxis
= glxz_PromissoryNotePrimeTableGamesUKAndLLCMember
           
Acquired Promissory Notes   22,200,000glxz_AcquiredNotesPayablePromissoryNotes              
Promissory Note payable         12,200,000us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
12,200,000us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
6,400,000us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesUKMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
10,000,000us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesUKMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
 
Fair value of the notes payable     20,670,000us-gaap_NotesPayableFairValueDisclosure
/ us-gaap_StatementScenarioAxis
= glxz_PromissoryNotePrimeTableGamesUKAndLLCMember
           
Percentage of notes payable due to PTG 90.00%glxz_PercentageOfNotesPayablePayment                
Payment of notes made at option, adjusted amount per month           $ 100,000glxz_PromissoryNoteMonthlyPayment
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesLLCMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
    £ 64,000glxz_PromissoryNoteMonthlyPayment
/ us-gaap_BusinessAcquisitionAxis
= glxz_PrimeTableGamesUKMember
/ us-gaap_LongtermDebtTypeAxis
= us-gaap_NotesPayableToBanksMember
Increase in interest rate       2.00%us-gaap_DebtInstrumentInterestRateIncreaseDecrease
/ us-gaap_StatementScenarioAxis
= glxz_PromissoryNotePrimeTableGamesUKAndLLCMember
         
Notes payable, Repayment terms In the event future monthly revenue received by us from the PTG Assets is less than 90% of the notes monthly payment due to Prime Table Games, then the note payments at our option, may be adjusted to the higher of $100,000 per month (for Prime Table Games, LLC) and £64,000 per month (for Prime Table Games UK) or 90% of the monthly revenue amount generated from the PTG Assets. If we engage in this payment adjustment election, the note shall not be deemed in default and the interest rate of the note will increase 2% per annum for the duration of the note or until the standard payment schedule resumes.