Galaxy Gaming turns around last year's third-quarter loss

14 November 2012

LAS VEGAS -- Las Vegas-based Galaxy Gaming reversed a third-quarter net loss from a year ago thanks to increased table game sales.

The company, which sells table games and various table game wagering enhancements, said its net profit in the period that ended Sept. 30 was $129,000, compared with a loss of $221,000 in the same quarter a year ago.

Galaxy's net revenues increased 155 percent to $1.87 million, based on the sales of new table game titles recently added through acquisitions.

"We continue to capitalize on the high demand for our products, as was demonstrated by the positive response we received at the Global Gaming Exhibition in October," Galaxy Gaming Chief Executive Officer Robert Saucier said in a statement. "Subsequently, we accumulated a backlog of orders, which could propel our upward momentum into 2013."

Related Links


Copyright GamingWire. All rights reserved.
Featured Vendors
Oklahoma Indian Gaming Association (OIGA) Conference
Rymax Marketing Services, Inc.
Oklahoma Indian Gaming Association (OIGA) Conference
The biggest little show in Indian gaming! Save the date: Aug 9-11, 2022 in Tulsa!
Rymax Marketing Services, Inc.
Leader in creating award winning player & employee loyalty programs & events proven to increase ROI
TOP ONE TECH LIMITED
Slot Machines Unlimited
TOP ONE TECH LIMITED
GLOBAL TOUCH SOLUTION PARTNER OF CHOICE,10+ years OEM manufacturing,100+ thousand units application
Slot Machines Unlimited
Exporter of IGT, Williams, AVP, Trimline, Aristocrat, Konami, Bally, & parts over 20 yrs experience
RSA Executive Search
Sunkist Graphics, Inc.
RSA Executive Search
A Boutique Search firm specializing in the Recruitment of Hospitality and Gaming Entrepreneurs
Sunkist Graphics, Inc.
Specializing in the creation of best-of-breed gaming graphics - slot glass, sign faces, and more
Imagine This
TDN Money Systems
Imagine This
Imagine This #1 Source for Player Gifts. Over $50 million in stock ready to ship! Let us serve you!
TDN Money Systems
Cage, cash/chip handling experts representing CountR, ARCA, AccuCASH, Fujitsu & NCR
Casino City Press
Casino Schedule Ease
Casino City Press
A leading publisher and distributor of casino and gaming business data and market research reports.
Casino Schedule Ease
Get a 90-Day Free Trial of 100% contactless, customizable table game & full casino scheduling
AmericanChecked
Broadband Hospitality
AmericanChecked
Background checks for the gaming industry with key & non-key packages & fingerprinting solutions
Broadband Hospitality
Improve these critical guest-facing amenities: In-room TV, Wi-Fi, Mobile App. Priced right. All here
Kallop
DFI
Kallop
Reward every play like a VIP with exclusive luxury brands at affordable prices.
DFI
The latest industry tech in slot and VLT motherboards, embedded systems, industrial panels
Casino Network
.Dot-iGaming.com
Casino Network
20+ years experience selling refurbished slot machines, parts & glass for all major brands
.Dot-iGaming.com
Fully loaded advanced casino platform. One time (low) fee, 100% your property, start now!
Betson Imperial Parts & Service
TribalHub
Betson Imperial Parts & Service
Your one stop shop for all your gaming and OEM needs!
TribalHub
22nd Annual TribalNet Conference & Tradeshow Nov 8-11, 2021 Gaylord Texan Resort, Grapevine TX


Your Guide to 15,514 Gaming Industry Suppliers