PokerTek Announces Five New PokerPro(R) Installations.The PokerPro System Gains Acceptance across the Globe CHARLOTTE, N.C. -- PokerTek[TM], Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : PTEK PTEK Parents and Teachers of Explosive Kids ), the innovator of the world's first automated poker table A poker table is a table specifically designed for playing card games, usually poker. It is often covered with baize which is a type of felt, or speed cloth, a teflon-coated fabric that helps the cards slide easily across the surface. , PokerPro[R], announces five more poker rooms where poker players can experience the added fun and excitement of PokerPro tables. The latest PokerPro locations include: * Crown Casino, Melbourne, Australia * Carnival City, Johannesburg, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. * Greektown Casino Greektown Casino Resort (2008) is one of three commercial casinos located in Detroit, Michigan. It is majority owned by the Sault Tribe of Chippewa Indians. The casino, which opened its doors on November 11, 2000, is operated by Millennium Management Group. , Detroit, Michigan “Detroit” redirects here. For other uses, see Detroit (disambiguation). Detroit (IPA: [dɪˈtʰɹɔɪt]) (French: Détroit, meaning strait * MotorCity Casino MotorCity Casino Resort (2008) is one of three casinos in Detroit, Michigan. The 4 story casino incorporates an Old Wonder Bread Building. The first 2 floors are gaming area, and the top 2 floors have been renovated to administrative offices. , Detroit, Michigan * FLB FLB Funny looking beat Medtalk Slang for indeterminate or chaotic aberrancies on an EKG that are not readily recognized Sports Bar & Casino, Folsom, California Folsom is a city in California, United States. Folsom is most commonly known by its famous Folsom Prison, and is a thriving suburb of Sacramento. As of 2007, the State of California's estimate of Folsom's population is 70,835. Crown Casino in Melbourne, Australia has completed the launch of the world's largest automated poker installation, comprised of ten PokerPro tables. Crown Casino is home to the Aussie Millions, the Southern Hemisphere's richest poker tournament A poker tournament is a tournament in which the winners are decided by playing poker, usually a particular style of poker. Contrast this to a ring game, where the game is ongoing with no formal structure to determine a single winner in a certain length of time. . The 2007 Aussie Millions schedule included a $1,050 buy-in PokerPro tournament which ran completely on PokerPro automated poker tables. The installation was arranged through Aristocrat Leisure Aristocrat Leisure Limited ASX: ALL is an Australian company, which has its administrative centre in the Sydney suburb of Lane Cove, although the majority of its research and development is done at its Rosebery site. Limited (ASX ASX See: Australian Stock Exchange :ALL), PokerTek's exclusive distributor outside of the U.S. and Canada. "It has been encouraging to see players adopt this product so quickly," said Richard Longhurst, COO of Gaming at Crown Casino. "The PokerPro tables are meeting our expectations in both productivity and player demand. We are enthusiastic about the growth potential for automated poker at Crown." PokerPro tables also reached the continent of Africa with the recent installation of four tables at Sun International's Carnival City in Johannesburg, South Africa. "The PokerPro tables are enhancing the product offering of Sun International Venues. The four tables at Carnival City have only been installed for five weeks and have already proven to be an exceptional product," said Des Whitcher, Gaming Director at Sun International. "We are pleased to be the first casino in Africa to feature PokerPro." Domestically, PokerPro tables were installed in Detroit, Michigan at both Greektown and MotorCity Casinos. Both casinos have installed two PokerPro tables and plan to offer Sit-N-Go tournaments and cash games with limit and no-limit action. FLB Sports Bar & Casino in Folsom, California, is the first location where PokerTek has converted an existing operation into a 100% automated room and is the first fully-automated card club in the United States, running five PokerPro tables. After a successful launch, FLB hosted the world's first automated Texas Hold'Em multi-table tournament. "We are proud to have the opportunity to work with each of these innovative operators as they adopt and benefit from automated poker," said Lou White, Chief Executive Officer of PokerTek. "Our focus will remain on partnering with cutting-edge operators to bring PokerPro automated poker tables to players everywhere." About PokerTek, Inc. PokerTek, Inc. (NASDAQ: PTEK), headquartered in Charlotte, NC, develops and markets PokerPro[R], an automated poker table and a suite of software applications. PokerPro was developed to increase casino revenue, reduce expenses and attract new players into poker rooms. Currently available is PokerPro, the ten-seated table and PokerPro[R] Heads-Up[TM], a two-seated table that allows casinos to offer the heads-up poker format. PokerPro tables are located in the United States, the United Kingdom, Australia, South Africa and several major cruise lines. The first PokerPro Texas Hold'Em hand was dealt on May 24, 2005 at the Seminole Hard Rock Casino in Hollywood, Florida. For more information, please visit the company's website at www.pokertek.com or contact Becca Bernstein at 704.849.0860 x119. About Locations For more information please visit www.carnivalcity.co.za, www.crownpoker.com.au, www.folsomlakebowl.com, www.greektowncasino.com, www.motorcitycasino.com. 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. The forward-looking statements herein include, but are not limited to, the expected adoption of the PokerPro[R] systems by casinos and other customers, and the expected acceptance of the PokerPro[R] 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 Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. 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 ger·mane adj. Being both pertinent and fitting. See Synonyms at relevant. [Middle English germain, having the same parents, closely connected; see german2. to our business. |
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