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Monday, December 15, 2008 3:44:04 PM
Monday 12/15/2008 9:00 AM ET - Pr Newswire
Related Companies
Symbol Last %Chg
PNK 6.58 -6.80%
PTEK 1.45 -0.68%
As of 3:41 PM ET 12/15/08
PokerTek, Inc., the industry pioneer and worldwide leader in automated poker tables and related software, is pleased to announce the installation of four PokerPro(R) tables at Boomtown Casino & Hotel in Bossier City, Louisiana.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080828/CLTH082LOGO )
The installation is notable because it is the first time that poker has been offered at Boomtown Bossier City, which is the closest gaming facility to the Dallas/Fort Worth market. It is also PokerTek's first installation in the state of Louisiana, which currently has 131 poker tables at 12 casinos.
This is the first PokerPro implementation for Pinnacle Entertainment, Inc., Boomtown Bossier's parent company, which signed an agreement with PokerTek in the summer of 2008 selecting them as its choice for automated poker tables for Pinnacle casinos.
Boomtown Bossier City, which will hold daily tournaments and promotions in the new poker room, features more than 1,200 slots, 30 table games and a 188- room hotel. The property was voted "Best in Penny Slots" for the region the last two years by Casino Player Magazine.
"We're excited to bring PokerPro to Boomtown Bossier and into the state of Louisiana," said Robert Perry, PokerTek's Vice President of Sales. "It is always an accomplishment when we expand into another state and broaden the exposure of our automated poker tables."
"Working with Pinnacle Entertainment is a great fit for PokerTek," added Chris Halligan, PokerTek's CEO. "We've worked hard to develop strong corporate relationships across the industry and are delighted to partner with Pinnacle. We look forward to succeeding with them at Boomtown Bossier City and beyond."
About PokerTek:
PokerTek, Inc. (Nasdaq: PTEK), headquartered in Matthews, NC, develops and markets products for the casino and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase casino revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free. Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on- site entertainment. Both products are installed worldwide. For more information, please visit the company's website at www.PokerTek.com or contact Laura Petty at 704.849.0860 x106.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are made in accordance with the Private Securities Litigation Reform Act of 1995. The forward-looking statements herein include, but are not limited to, the expected adoption of the PokerPro systems by casinos and other customers and the expected acceptance of the PokerPro systems by players. Our actual results may differ materially from those implied in these forward-looking statements as a result of many factors, including, but not limited to, overall industry environment, customer acceptance of our products, delay in the introduction of new products, further approvals of regulatory authorities, adverse court rulings, production and/or quality control problems, the denial, suspension or revocation of permits or licenses by regulatory or governmental authorities, termination or non-renewal of customer contracts, competitive pressures and general economic conditions, and our financial condition. These and other risks and uncertainties are described in more detail in our most recent annual report on Form 10-K and other reports filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur, except as required by applicable laws, and you are urged to review and consider disclosures that we make in the reports that we file with the Securities and Exchange Commission that discuss other factors germane to our business.
Contact: Laura Petty
704.849.0860 x106
SOURCE PokerTek, Inc.
http://www.pokertek.com
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