Galaxy Gaming to Dramatically Grow Office Headquarters
28 February 2014 - 1:00AM
Galaxy Gaming, Inc. (OTC:GLXZ) announced that it would be
relocating its Las Vegas headquarters to a vastly larger and more
high-image freestanding physical space after executing a building
lease that will dramatically increase every aspect of the Company's
ability to design, build, display and distribute its products.
The new building, located at 6767 Spencer Street, has an ideal
central location near the Las Vegas Strip, McCarran Airport and the
city's traditional gaming office center. It commands more than
24,000 square feet, including 16,000 of office space on two
separate floors and 8,000 of attached warehouse storage. Also
included is a 3,000 square foot showroom, presenting all of the
Company's award-winning games as well as other design products in
development stage. The showroom will replicate an upscale
casino.
"This is one of the most important days in the history of our
company," said Galaxy Gaming CEO Robert Saucier. "Nearly ten
years ago, we moved into our current 6,200 square foot facility on
O'Bannon. That building served us well as we grew our business
approximately 500%. But now its time for us to move into a new
building better suited to facilitate further anticipated
expansion. By taking this step, we are sending a clear message
that we are not content with our past successes – we intend to grow
vigorously and become a dominant player in the gaming
industry."
"This is more than physical expansion, it represents the upward
trajectory of our Company," said, Gary A. Vecchiarelli, Galaxy
Gaming's Chief Financial Officer. "We are making this
investment in ourselves because the time is now to implement our
aggressive growth strategy."
Galaxy Gaming is demonstrating significant corporate momentum of
late, including being granted full expansion into Arizona,
Missouri, the valuable Gulf Coast region as well as a major launch
into the most select casino properties in South Africa. Galaxy
Gaming is already the top table game provider in the United
Kingdom.
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. Through its iGaming Partner Games Marketing
Ltd., Galaxy Gaming licenses its proprietary table games to the
online gaming industry.
CONTACT: Jonathan Wilcox
(702) 939-3254
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