Gaming CEO posts open letter to bank chief over lawsuit

Las Vegas-based casino supplier Galaxy Gaming Inc. on Tuesday stepped up its defense against a Bank of America lawsuit, publishing an open letter on its website to the bank’s CEO complaining about the legal action. Galaxy Gaming, which makes table games, was sued in October in Clark County District Court over claims by the bank that it was involved in a fraudulent transfer of assets backing a $1.1 million B of A loan and that false information was submitted to the bank in the loan application. Galaxy and its CEO, Robert Saucier, have denied the allegations and Galaxy hit the ...

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