Galaxy Gaming's Petition Approved in Washington

• Press Release
• Source: Galaxy Gaming, Inc.
• On 6:31 pm EDT, Monday August 17, 2009

LAS VEGAS, Aug. 17, 2009 (GLOBE NEWSWIRE) -- Galaxy Gaming, Inc. (f.k.a. Secured Diversified Investment, Ltd.) (OTCBB:SECD - News), announced today that on Friday, August 14th, the Washington State Gambling Commission unanimously approved its petition to amend rule WAC 230-15-040 (Requirements for authorized card games). The amended rule allows approximately 78 non-tribal casinos operating in Washington to fully implement all of the features of Galaxy Gaming's Emperor's Challenge Pai Gow Poker casino table game. In March of this year, Emperor's Challenge became the first table game available with Galaxy's Bonus Jackpot System ("BJS"), whereby players may place an optional fourth wager in order to obtain a substantial jackpot prize. However, the previous rule restricted players to place no more than three of the four available wages.

Also at its meeting, the Gambling Commission released a report showing the ranking of casino table games in the state. The report listed Emperor's Challenge as the number one proprietary casino poker game, a position formerly held by Shuffle Master's Fortune Pai Gow Poker, which dropped to second place.

"This rule change is huge for us," commented Robert Pietrosanto, Galaxy Gaming's Sales Manager. "Although Emperor's Challenge became number one, a large number of casino operators told us they were waiting for this rule change before placing their order for the BJS version. Since Friday's ruling, orders are pouring in. I anticipate at least another 50 units over and above our current backlog," declared Mr. Pietrosanto.

The Commission also granted Galaxy's request the rule be effective in 31 days instead of the typical implementation of January 1. "We are extremely grateful to the Commission for approving our petition for this important rule change and particularly for advancing the effective date," stated Robert Saucier, Galaxy Gaming's Chief Executive Officer. "Having the rule effective mid-September should positively impact our fourth quarter," he added.

About Galaxy Gaming

Galaxy Gaming, (www.galaxygaming.com), is a leading developer of casino table games and enhanced electronic bonusing and wagering systems. Galaxy Gaming designs, engineers, markets and distributes its products throughout North America and on cruise ships worldwide. It owns global rights to popular table game content, including Lucky Ladies, Texas Shootout, Emperor's Challenge and has developed innovative table game platforms known as the Bet Tabulator System, TableVision, and the Bonus Jackpot System. Headquartered in Las Vegas, Galaxy Gaming is the world's second largest provider of casino table games and associated products.

Forward Looking Statements

This release contains certain "forward-looking statements" relating to the business of the Company which can be identified by the use of terminology such as "believes", "expects", or similar expressions. Such statements involve risks and uncertainties, including all business uncertainties relating to product development, marketing, market acceptance, future capital requirements, competition and other factors that may cause actual results to be materially different from those described herein as anticipated, believed, estimated, or expected. The Company expressly disclaims any obligation to update or alter its forward-looking statements.

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