Galaxy Gaming CEO Reassures Shareholders After Regulatory Denial

A Nevada-based casino table games developer, maker and distributor is wanting to reassure worried shareholders after the company’s California ‘suitability doing business’ rights had been revoked by that state’s Gambling Control Commission recently.

Defending Page

Galaxy Gaming CEO Robert Saucier has sent out a four-page missive to investors, claiming that all the issues decried by the Ca regulators inside their decisions stemmed from a ‘predecessor entity that ceased business operation in 2009 and dissolved. The procedures didn’t directly involve Galaxy,’ Saucier went on, adding that ‘it is business as usual [at Galaxy ] even as we continue to provide our products and solutions without the interruption.’

With Galaxy doing a great deal of its business in the Golden State particularly with many tribes that are indian have gambling enterprises Saucier desired to assure customers and investors that Galaxy’s ‘gaming permit with Ca tribes is unchanged and in good standing. Likewise, our status in every other jurisdictions we serve is additionally unchanged and remains in good standing. In reality, we continue to seek and find new licenses and approvals in additional jurisdictions,’ the letter went on to express.

Conflicting Stories

And this is where things get, um, a confusing that is little. All evidence points to the contrary because while Saucier emphatically states in his letter that the California Gambling C

American Attorney Larry Hartman Arrested in Nicaragua; Deported to U.S. to Face Charges in $100M Shell Game

Of all the scams on all of the scammy websites in most the global world, the scammiest needs to be once the elderly are targeted to divest them of their life cost savings. We are not sure what happens to old folks, who were obviously once savvy sufficient to amass some degree of monetary protection, which makes them vulnerable to unknown cool callers wanting ‘investment’ funds, however it seems to be an universal problem.

And now ny attorney Larry Hartman is charged, arrested and can be deported right back to your U.S. to face costs of bilking investors that are elderly the UK and Ireland out of major funds to buy shares in shell companies that didn’t even exist. Stated scam occurred between 2004 and 2008, and Hartman recently tried to enter Nicaragua illegally, evidently conscious that Interpol had been on their tail. Unfortunately for him, his story while trying to secure a passport from the Central American country sounded fishy to immigration officials, whom busted him for presenting false documents; plus it went downhill for him from here. Now he’s on his way to Florida to face formal charges, which presumably should come from both sides of the pond and Interpol, which interfaces with legislation enforcement in 190 countries global from its Lyon, France headquarters.

Shell Game

The scam, that was run out of Florida, involved stealing the financial security code