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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

LONG-TERM DEBT (Details Narrative)

v3.7.0.1

LONG-TERM DEBT (Details Narrative) - USD ($)	1 Months Ended	6 Months Ended
LONG-TERM DEBT (Details Narrative) - USD ($)	Aug. 31, 2016	Jun. 30, 2017	Jan. 01, 2017	Dec. 31, 2016	Aug. 29, 2016
Debt Instrument [Line Items]
Aggregate principal amount		$ 10,599,765		$ 11,207,472
Notes Payable, Related Party
Debt Instrument [Line Items]
Aggregate principal amount		$ 472,206		509,135
Maturity date		Dec. 31, 2018
Annual principal and interest payments		$ 109,908
Note payable, Frequency of periodic payment		annual
Fixed interest rate		7.30%
Balloon payment		$ 354,480
Notes payable, repayment date		Aug. 11, 2017
Warrant Agreement
Debt Instrument [Line Items]
Warrants issued, number of shares of common stock					1,965,780
Term Loan
Debt Instrument [Line Items]
Aggregate principal amount	$ 10,500,000	$ 9,975,000		$ 10,500,000
Debt instrument, interest rate during period		14.00%
Debt instrument, interest rate for quarterly period		12.50%
Quarterly principal payments of borrowings plus accrued interest			$ 262,500
Maturity date		Aug. 29, 2021
Percentage of proceeds from disposition of asset		100.00%
Percentage of proceeds from sale and issuance of capital stock		25.00%
Term Loan \| Warrant Agreement
Debt Instrument [Line Items]
Warrants purchase period	6 years
Warrants issued, number of shares of common stock	1,965,780
Estimated fair value of warrants on grant date	$ 809,632

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