Galaxy Gaming Approved by Key Maryland State Agency
Maryland Lottery and Gaming Control Agency Clears Way for Galaxy Gaming
LAS VEGAS, March 26, 2013 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (GLXZ),
announced today it has received approval from the Maryland Lottery and Gaming
Control Agency to provide its products to casinos in the state. The Las
Vegas-based company is the world's second-largest developer, manufacturer and
distributor of cutting-edge products for the casino industry, including casino
table games, enhanced game systems and e-Tables.
Products likely to be introduced into Maryland include popular casino games
Lucky Ladies, Texas Shootout, Emperor's Challenge, Deuces Wild, 21+3, Bonus
Craps and High Card Flush, which was voted Casino Journal's Best New Table
Game of 2012. In addition, Galaxy intends to offer the Company's innovative
and enhanced electronic wagering platforms and systems including Bonus Jackpot
System, Inter-Casino Jackpot System and MEGA-Share System.
"Recent legislation now allows live table games in Maryland, which makes this
a very attractive market for us," stated Dean Barnett, Regional Sales Manager
for Galaxy."This is a rapidly growing market with 12 casinos now operational
Penn National Gaming (Nasdaq:PENN) operates the Hollywood Casino in Perryville
and is the first Maryland casino to include Galaxy's products. "Hollywood
Casino Perryville was excited to bring table games to Maryland and was pleased
to work with Galaxy Gaming during the process," said Penn's Bill Hayles,
General Manager for Hollywood Casino.
"Fresh on the heels of our recent Louisiana approvals, we are equally pleased
to announce our Company's approval in Maryland," said Robert Saucier, Galaxy
Gaming's CEO."Maryland is a solid market and our expansion into the state
solidifies our presence in the growing Atlantic Coast gaming industry and will
contribute to our increasing global recurring revenue base.Together with
Louisiana, we are presented with new opportunities for our Company to further
grow domestically, particularly as more and more governments discover the
benefits of authorizing gaming in their respective jurisdictions.I want to
thank the gaming regulatory officials in Maryland for their efficiency in
approving our application."
About Galaxy Gaming
Headquartered in Las Vegas, Galaxy Gaming (www.galaxygaming.com) develops,
manufactures and distributes innovative proprietary table games,
state-of-the-art electronic wagering platforms and enhanced bonusing systems
to land-based, riverboat, cruise ships and online casinos worldwide.
CONTACT: Galaxy Gaming
Robert B. Saucier, CEO
Gary A. Vecchiarelli, CFO
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