Galaxy Gaming to Report First Quarter 2012 Financial Results

LAS VEGAS, May 10, 2012 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (OTCBB:GLXZ.OB) announced today that it has scheduled an investor conference call to discuss its financial results for the quarter ending March 31, 2012. The details of the call, which is scheduled to include a web presentation, is as follows:

The Company is expected to file its quarterly report with the U.S. Securities and Exchange Commission on Form 10-Q on Tuesday, May 15, 2012 and issue a recap of its operating results the next day.

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, Emperor's Challenge, Deuces Wild, 21+3, Three Card Poker and Bonus Craps. In addition, it develops innovative and enhanced electronic wagering platforms and systems such as its Bonus Jackpot System, its Inter-Casino Jackpot System, MEGA-Share and the TableMAX e-Table Gaming System. Galaxy Gaming distributes its products to casinos worldwide.

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

Safe Harbor

This release may contain certain "forward-looking statements" relating to the Company's business which may be subject to various factors that may cause actual results to be materially different from those described herein as anticipated, estimated, or expected. The Company disclaims any obligation to update or alter its forward-looking statements.

CONTACT: Robert B. Saucier, CEO
         (702) 939-3254

Released May 10, 2012