Buy my GLXZ stock
Quote: teliotI've seen it. I wouldn't say it was one of Nicholson's finest.
Hey! Actuaries get no respect at all.
Quote: DRichGalaxy Gaming was rejected for a Nevada Gaming manufacturer and distributors license yesterday yet the stock didn't move much.
Why were they rejected, Does Nevada gaming give a reason?
Quote: HunterhillWhy were they rejected, Does Nevada gaming give a reason?
There were potential integrity and financial issues. It was a public meeting and it took almost five hours. If you are more interested you can read old articles because they had been rejected by California and a few other states too.
That's not true. When things started to look like it might be rejected, Galaxy withdrew their application so that it wouldn't be a blemish when they re-apply.Quote: DRichGalaxy Gaming was rejected for a Nevada Gaming manufacturer and distributors license yesterday yet the stock didn't move much.
Details:
https://www.reviewjournal.com/business/casinos-gaming/nevada-gaming-license-bid-withdrawn-after-2-day-hearing/
Quote: DJTeddyBearThat's not true. When things started to look like it might be rejected, Galaxy withdrew their application so that it wouldn't be a blemish when they re-apply.
Details:
https://www.reviewjournal.com/business/casinos-gaming/nevada-gaming-license-bid-withdrawn-after-2-day-hearing/
I was there, the Gaming Board was going to reject them and Galaxy decided to withdraw before the official vote. You are correct they were not technically rejected since they withdrew before the vote, but they will not be licensed in Nevada anytime soon unless Saucier steps down.
You could Google "Robert Saucier + California Gaming" and "Washington State". He had some strange deals in Washington (owned a casino and got burned..)Quote: HunterhillWhy were they rejected, Does Nevada gaming give a reason?
Quote: UCivanYou could Google "Robert Saucier + California Gaming" and "Washington State". He had some strange deals in Washington (owned a casino and got burned..)
Multiple casinos, including Arizona where I am, licensed Galaxy Gaming after California denied them a licence.
ZCore13
Unless of course if you are Steve Wynn in New Jersey.
California does not equal Nevada.
Quote: SM777Galaxy was obviously trying to add something to their portfolio to begin this process. If there weren't trying to add a shuffler or electronic table, or something, they would not have applied for this license to begin with. They would have kept going as they were. Big hit to Galaxy, and will have other jurisdictions rethinking their license of Galaxy.
California does not equal Nevada.
I doubt one other State will respond with anything based on this denial/withdrawal.
ZCore13
Galaxy has the former Control Board chairman and state Sen. Mark Lipparelli as a financial consultant, and then the current Board members plan to reject their application. Politics is not as usual and Mark Lipparelli is losing it...
Quote: UCivanMay be there is justice in Nevada Gaming Board under the new leadership.
Galaxy has the former Control Board chairman and state Sen. Mark Lipparelli as a financial consultant, and then the current Board members plan to reject their application. Politics is not as usual and Mark Lipparelli is losing it...
Mark Lipparelli is also a former Chairman of the Gaming Board.
Quote: ParadigmI believe this was an application for a Manufacturing License in NV iirc from previous earnings conference calls...I don't believe you need an NGCB license to distribute live table game content.
That's correct. They were definitely trying to add something to their portfolio, otherwise this would have never happened.
Quote: ParadigmI believe this was an application for a Manufacturing License in NV iirc from previous earnings conference calls...I don't believe you need an NGCB license to distribute live table game content.
Correct, all you need is game approval. However, I believe the board, in its discretion, can require anyone to obtain a licence. I wonder if they've ever required one from a table games distributor after something like this.
Quote: SOOPOOSo with all this bad news the stock jumps 5.7% today. Imagine what would happen if there was good news.
I recalled on the Trump 100 Days thread you exuberantly and profoundly elevated the racist, rapist, sexist, scam artist and con man Trump to God status because the stock market had just risen to some high % within just few wees/months of his presidency. It makes me wonder if you truly understand the stock market.
Yes, GLXZ jumped 5.7% today, but only 20,000 shares were dated. GLXZ is a penny stock with very low liquidity can can be very easily manipulated to extreme up side and/or down side, so today's price action on GLXZ is meaningless. Do you understand the stock market?
triple 7,just stay easy on Soopoo please.Quote: 777I recalled on the Trump 100 Days thread you exuberantly and profoundly elevated the racist, rapist, sexist, scam artist and con man Trump to God status because the stock market had just risen to some high % within just few wees/months of his presidency. It makes me wonder if you truly understand the stock market.
Yes, GLXZ jumped 5.7% today, but only 20,000 shares were dated. GLXZ is a penny stock with very low liquidity can can be very easily manipulated to extreme up side and/or down side, so today's price action on GLXZ is meaningless. Do you understand the stock market?
He is happy market goes up because he holds some stocks.
Quote: 777I recalled on the Trump 100 Days thread you exuberantly and profoundly elevated the racist, rapist, sexist, scam artist and con man Trump to God status because the stock market had just risen to some high % within just few wees/months of his presidency. It makes me wonder if you truly understand the stock market.
Yes, GLXZ jumped 5.7% today, but only 20,000 shares were dated. GLXZ is a penny stock with very low liquidity can can be very easily manipulated to extreme up side and/or down side, so today's price action on GLXZ is meaningless. Do you understand the stock market?
Run along with your "100 Days" hater speech...blocking the "100 Day" Threads really should be enough, shouldn't it Admins?
Quote: speedycraptriple 7,just stay easy on Soopoo please.
He is happy market goes up because he holds some stocks.
Although people don’t generally have bad intention, but any info on many internet discussion groups can create misunderstanding and could potentially end up hurting many people emotionally and/or financially. As a matter of fact, stock manipulations via internet are rampant and out of control in this high tech information age, and consequently many people were severe hurt emotionally and financially.
I believe Dr. SooPoo has no bad intention and I have nothing against Dr. SooPoo, but I’m just trying to get by my point across to other readers via my style of articulation.
Quote: speedycraptriple 7,just stay easy on Soopoo please.
He is happy market goes up because he holds some stocks.
Don't a slight majority of Americans, either directly or in Retirement accounts? We all should be happy when it goes up.
That is from https://www.lasvegasadvisor.com/stiffs-and-georges/wynn-faces-tough-path-in-japan-sweetheart-deal-for-saucier/#more-19953
I'm not saying he doesn't have a shaky past. He is both the reason Galaxy succeeds, while at the same time can't reach its full potential.
ZCore13
Quote: 777I recalled on the Trump 100 Days thread you exuberantly and profoundly elevated the racist, rapist, sexist, scam artist and con man Trump to God status because the stock market had just risen to some high % within just few wees/months of his presidency. It makes me wonder if you truly understand the stock market.
Yes, GLXZ jumped 5.7% today, but only 20,000 shares were dated. GLXZ is a penny stock with very low liquidity can can be very easily manipulated to extreme up side and/or down side, so today's price action on GLXZ is meaningless. Do you understand the stock market?
We have mentioned before that bringing political stances and attacks into non-political threads was not acceptable. However, the post is nearly all specific to the topic and the thread, and the topic is unavoidably at least partly political. This was still a gratuitous shot at SOOPOO to some extent. Warning to 777. Confine that rudeness, preferably less rudely, to political threads. Thank you.
Quote: Zcore13I don't trust that article. Writer seems a little biased. I know Galaxy has been licensed in multiple States and no denials denials since California. That doesn't seem like regulatory issues dogging him wherever he goes. I'm not saying he doesn't have a shaky past. He is both the reason Galaxy succeeds, while at the same time can't reach its full potential......ZCore13
I hear what you are saying Z, but this decision by NV seems like a bigger deal than CA back in 2013 and that wasn't a small deal either. Galaxy is appealing the 2013 CA decision and I think at this point that appeal has no chance of reversing the 2013 CA finding for non-suitability. In fact, I bet the CA commission is feeling vindicated by NV's decision.
I have no details on what the "shaky past" consists of, but I do know what disclosure is required of Regulators to get a table game distributor license, I am sure there is even more disclosure required to get an unrestricted gaming equipment manufacturer's license. The Regulators are requesting full disclosure of all financial, tax and legal dealings in the past and there are clearly items that NV says are problems...or at a minimum have not been adequately addressed in the process. A process which has been going on for several years, so non-adequate disclosure at this point seems unrealistic. This outcome has to impact future licensing in other jurisdictions and may get regulators in current jurisdictions re-asking questions. Washington comes to mind as they already had their sites set on Galaxy back in 2012. I do believe that Gaming Regulators around the country keep track of NGCB and actions they take related to operators, distributors & manufacturer's.
All that being said, I don't fully trust the article anymore than I trust any media report these days. But I do trust the fact that after years of an Application Process, Galaxy isn't being approved in NV for an unrestricted license and decided to withdraw the application instead of being denied one...that isn't a positive outcome anyway you slice it.
You mentioned something about your comments which were offensive (as pointed out by 3 or 4 posters including green BBB) as being your 'style'. I think you would get taken more seriously if you just kept to the points you are trying to make without childishly adding 'the racist,bigoted, rapist....etc... In each and every post you make. It is so easy to go after Trump on the facts and issues that you diminish your own arguments with your infantile comments.
As far as me idolizing Trump, you obviously can't interpret my comments in any way correctly. I am not happy he is our President. I am happy the stock market is up substantially, and I believe HRC would have been bad for the market and America in general. People, like terapined, consistently make mention that the President has no effect on their daily lives. As an old guy who has been in the market for decades, this last bump up has allowed me to hit my number which will allow me to go half time. This affects my life greatly in a positive way. So, even though Trump has a gazillion flaws, I stand by my comments that having him as President is better for me for sure, and the U.S., than if HRC had won. So, as EB would say, the most important aspect of having DJT as prez is that it is not HRC.
"Galaxy Gaming, Inc. (OTC:GLXZ), announced today that Todd P. Cravens, the Company’s Vice President of Business Development, has succeeded Galaxy’s founder, Robert B. Saucier, as President and Chief Executive Officer. Mr. Saucier remains with the Company as a Director and has been appointed to the position of Executive Vice President of Business Development and Chief Product Officer."
I wonder how much of this shuffle is actual job function shuffling, or just job title shuffling, in order to re-apply for that manufacturing license.
I also wonder what it means to me and my agreement with Galaxy for them to market my Poker For Roulette side bet....
ZCore13
I don't see them producing shuffles. Way too much manpower needed to service them.
ZCore13
Quote: SM777What is Galaxy up to with this manufacture license? What are they desperately trying to add to their portfolio?
Progressive systems?
ZCore13
Quote: Zcore13That's been out in the field for years.
ZCore13
I don't know what they are currently distributing in Nevada.... If they have been distributing progressive systems, shouldn't they already require a manufacturer license?
Wagers are tallied each day and the jackpot is updated once per day. That's why they call it a Bonus Jackpot System and not a progressive. Maybe they are switching to a real time bet tally and update, which would make it a true progressive?
ZCore13
I think the Poker Room'd bad beat jackpot is a legitimate Progressive, may not be a real time progressive.Quote: Zcore13
Wagers are tallied each day and the jackpot is updated once per day. That's why they call it a Bonus Jackpot System and not a progressive. Maybe they are switching to a real time bet tally and update, which would make it a true progressive?
ZCore13
BTW, what if the bad beat jackpot get hit twice or 3 times in the same day??
ZCore13
http://gaming.nv.gov/modules/showdocument.aspx?documentid=12328
ZCore13
