Galaxy Gaming Appoints New CFO and New Board Member

LAS VEGAS, Nov. 17, 2009 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCBB:GLXZ), announced today that it has hired Andrew Zimmerman to fill the position of the Company's Chief Financial Officer. Mr. Zimmerman will additionally serve as the Company's Secretary and Treasurer. Also, Daniel Scott was appointed to the Company's Board of Directors and will serve on its Compensation Committee.

Andy Zimmerman has over twenty-five years of professional experience in public accounting, casino management, manufacturing, and entertainment. He was the CFO and Treasurer of Mission Industries, Nevada's largest provider of hospitality and restaurant textile services, for ten years. Mr. Zimmerman has also served as the CFO for Palace Casinos in Biloxi, Mississippi, the Bud Jones Company, and Konami Gaming, Inc. Most recently, Mr. Zimmerman was the CFO of David Saxe Productions, a producer of various shows in Las Vegas. Mr. Zimmerman is a graduate of Arizona State University. He also serves on the board of a large automotive finance company.

Dan Scott has over twenty years of senior management experience in the gaming industry. He was VP of Finance and Treasurer during twelve years with Caesars Palace in Las Vegas. He was also Senior VP and CFO with MGM Grand Hotel and Casino in Las Vegas. His projects as an independent consultant include a six year engagement encompassing the design, construction and management of Casino MonteLago at Lake Las Vegas. Mr. Scott, a Nevada CPA, is a graduate of the University of Wisconsin.

"We are obviously very excited to have these two highly-experienced industry professionals join our Galaxy Gaming team," declared Robert Saucier, Galaxy's CEO. "With a strong background in senior-level management and finance, they will undoubtedly be major contributors to our future success."

Mr. Scott commented, "In my former roles, both as a senior casino executive on the Las Vegas Strip and as an outside advisor to Galaxy Gaming, I quickly discovered the Company is totally focused on bringing innovative new products to market that have a significant impact on casino performance. I am excited about participating in the Company's rapid growth."

Mr. Zimmerman stated, "Like Dan, I too have watched Galaxy Gaming build a proven track record, both as a private company and now as a public one. I am delighted to become a member of their dynamic and experienced management team."

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 and Emperor's Challenge. In addition, it develops innovative and enhanced electronic wagering platforms such as its Bonus Jackpot System. Galaxy Gaming distributes its products to casinos throughout North America and on cruise ships worldwide.

The Galaxy Gaming, Inc. logo is available at https://www.globenewswire.com/newsroom/prs/?pkgid=6569

CONTACT:  Galaxy Gaming
          Robert B. Saucier, CEO
          702-939-3254
          Fax: 702-939-3255

Released November 17, 2009