NOTES PAYABLE (Details Narrative)
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12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | 0 Months Ended | 12 Months Ended | ||
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Dec. 31, 2014
USD ($)
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Oct. 31, 2011
USD ($)
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Oct. 31, 2011
Prime Table Games UK and LLC
USD ($)
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Dec. 31, 2014
Prime Table Games UK and LLC
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Oct. 31, 2011
Notes Payable
Prime Table Games LLC
USD ($)
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Dec. 31, 2014
Notes Payable
Prime Table Games LLC
USD ($)
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Oct. 31, 2011
Notes Payable
Prime Table Games UK
GBP (£)
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Dec. 31, 2014
Notes Payable
Prime Table Games UK
USD ($)
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Dec. 31, 2014
Notes Payable
Prime Table Games UK
GBP (£)
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Debt Instrument [Line Items] | |||||||||
Monthly principal and interest payments |
$ 9,159us-gaap_DebtInstrumentPeriodicPayment / us-gaap_BusinessAcquisitionAxis = glxz_PrimeTableGamesLLCMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember |
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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 |
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Balloon payment |
1,003,000us-gaap_DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid / us-gaap_BusinessAcquisitionAxis = glxz_PrimeTableGamesLLCMember / us-gaap_LongtermDebtTypeAxis = us-gaap_NotesPayableToBanksMember |
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Promissory Note payable, total | 22,680,000us-gaap_BusinessCombinationConsiderationTransferred1 |
22,680,000us-gaap_BusinessCombinationConsiderationTransferred1 / us-gaap_StatementScenarioAxis = glxz_PromissoryNotePrimeTableGamesUKAndLLCMember |
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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 |
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Fair value of the notes payable |
20,670,000us-gaap_NotesPayableFairValueDisclosure / us-gaap_StatementScenarioAxis = glxz_PromissoryNotePrimeTableGamesUKAndLLCMember |
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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 |
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Increase in interest rate |
2.00%us-gaap_DebtInstrumentInterestRateIncreaseDecrease / us-gaap_StatementScenarioAxis = glxz_PromissoryNotePrimeTableGamesUKAndLLCMember |
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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. |
X | ||||||||||
- Definition
Acquired notes payable promissory notes. No definition available.
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X | ||||||||||
- Definition
Percentage of notes payable payment. No definition available.
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X | ||||||||||
- Definition
Promissory note monthly payment. No definition available.
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X | ||||||||||
- Definition
Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of liabilities incurred by the acquirer as part of consideration transferred in a business combination. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Description of the frequency of periodic payments (monthly, quarterly, annual). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Incremental percentage increase (decrease) in the stated rate on a debt instrument. No definition available.
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X | ||||||||||
- Details
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X | ||||||||||
- Definition
Description of the payment terms of the debt instrument (for example, whether periodic payments include principal and frequency of payments) and discussion about any contingencies associated with the payment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of the required periodic payments including both interest and principal payments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Amount of payment greater than the preceding installment payments to be paid at final maturity date of debt. No definition available.
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X | ||||||||||
- Definition
The interest rate applicable to the portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a set, unchanging rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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X | ||||||||||
- Definition
Fair value portion of notes payable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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