Galaxy Gaming Announces Major Expansion in Pennsylvania
GLXZ Poised to Become Pennsylvania's Number 1 Provider of Casino Table Games
LAS VEGAS, Sept. 13, 2012 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCBB:GLXZ), the world's second largest developer, manufacturer and distributor of casino table games and enhanced casino systems, announced today it has received recent approval for additional products in Pennsylvania that will result in a significant expansion for the Company. The approved games are expected to result in additional placement of the Company's products in eight of Pennsylvania's eleven casinos. Pennsylvania is now considered the second largest table game jurisdiction in North America. The expansion by Galaxy Gaming is expected to propel the Company to become the number one provider of table games in Pennsylvania. Product installations into these casinos have commenced and are expected to be fully deployed sometime in 2012's fourth quarter.
Dean Barnett, Galaxy Gaming's Regional Sales Manager, stated, "Our recent expansion in Pennsylvania is primarily due to the acquisition of the games and intellectual property we acquired from Prime Table Games last year. We are now able to fulfill the high pent-up demand for these products as we gain approvals across the country."
"It was only a few short years ago that Galaxy Gaming moved from third place to become the second largest provider of casino table games in the world," commented Robert Saucier, Galaxy's CEO. "Since then, we have been steadily increasing market share and in certain key markets, like Pennsylvania, we are now or will soon become the leading provider. This trend bodes well for our continued emphasis on accelerating our installed base of high-margin recurring revenues," continued Mr. Saucier.
Global Gaming Expo
Galaxy Gaming also announced that these recently approved products as well as some previously unreleased products will be on display at the upcoming Global Gaming Expo, to be held Tuesday, October 2 through Thursday, October 4 at the Sands Convention Center in Las Vegas. The Company will be located in Booth # 1617.
About Galaxy Gaming
Headquartered in Las Vegas, Galaxy Gaming (www.galaxygaming.com) is the world's second largest developer, manufacturer and distributor of casino table games including Lucky Ladies, Texas Shootout, Emperor's Challenge, Deuces Wild, 21+3, Three Card Poker and Bonus Craps. In addition, it develops innovative and enhanced electronic wagering platforms and systems such as its Bonus Jackpot System, its Inter-Casino Jackpot System, MEGA-Share and the TableMAX e-Table Gaming System. Galaxy Gaming distributes its products to casinos worldwide.
CONTACT: Galaxy Gaming Robert Saucier, CEO Gary Vecchiarelli, CFO (702) 939-3254