This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Galaxy Gaming Approved By Key Maryland State Agency

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 or planned."

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."

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%
YHOO $36.60 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs