Wednesday, August 25, 2010

Galaxy Gaming (GLXZ.OB) Receives Authorization in Pennsylvania

Located in Las Vegas, Galaxy Gaming is the world’s second largest developer, manufacturer and distributor of casino table games including Lucky Ladies, Texas Shootout, Emperor’s Challenge, Deuces Wild and Triple Attack Blackjack. Today, Galaxy Gaming announced they have received authorization from the Pennsylvania Gaming Board permitting the company to install its table game products into Pennsylvania casinos.

Pennsylvania casinos are clearly going to challenge their East Coast rival Atlantic City which lay less than two hours away. With the influx of overall gaming in Pennsylvania, many gambling pundits considered the state the latest craze in gambling. With the recent approval of table gaming, Pennsylvania will offer everything Atlantic City has to offer and Galaxy Gaming will take their reputation and abilities to this new venture and has the ability to flourish with the state.

Leading the way at Galaxy Gaming is Robert Saucier who serves as the company’s CEO. Commenting on what the approval will mean to the future of Galaxy Gaming, Saucier was quoted as saying, “First of all, I want to thank the Pennsylvania Gaming Control Board and particularly their professional and cordial staff for their supportive cooperation during this process. With their nine casinos geographically spread throughout the state, Pennsylvania is already considered a ‘mid-major’ gaming market. But with its immense population base, the planned expansion and a supportive state government, it possesses the opportunity to grow into a major gaming market.”

Currently, Galaxy Gaming is trading in the $0.24 range. With this breaking news and a product that is a cut above their competitors, Galaxy Gaming may be worth checking out further.

To learn more about Galaxy Gaming visit the company website at: www.galaxygaming.com.

About QualityStocks:

QualityStocks’ Small Cap Stock Newsletter is a free service that collects data from hundreds of Small-Cap online Investment Newsletters into one free Daily Newsletter Report.

Sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

The Quality Stocks Daily Blog http://blog.qualitystocks.net

The Quality Stocks “Ones to Watch” http://Gotstocks.QualityStocks.net

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

No comments: