MATTHEWS, N.C., Oct. 23, 2012 /PRNewswire/ -- PokerTek, Inc.
(NASDAQ: PTEK) is pleased to announce that it has entered into a
contract with the Ontario Lottery and Gaming Corporation (OLG) to
add 11 PokerPro tables representing 110 gaming positions at OLG's
Woodbine facility in Toronto.
With the addition of the new site in Toronto, PokerPro is now offered at six
locations in Ontario, bringing the
total PokerPro gaming positions in Ontario to 260. PokerPro is offered at the
following OLG locations:
- Mohawk Racetrack in Campbellville
- Sudbury Downs in Chelmsford
- Georgian Downs in Innisfil
- Rideau Carleton Raceway in Gloucester
- Western Fair District in London
- Woodbine Raceway in Toronto
PokerTek has also received official notification that BlackJack
Pro has been approved following a successful field trial at Western
Fair District in London.
"We are pleased with the growth of PokerPro in Ontario, with 260 gaming positions at 6
locations," said James Crawford,
PokerTek's President. "With the recent approval of BlackJack Pro,
we look forward to expanding our presence in Ontario."
About PokerTek, Inc. PokerTek, Inc. (NASDAQ: PTEK)
(www.pokertek.com) is a licensed gaming company headquartered in
Matthews, NC that develops and
distributes electronic table games solutions for the gaming
industry. The company's products are installed worldwide and
include PokerPro and Blackjack Pro. For more information, visit:
www.pokertek.com.
About OLG: OLG is a provincial agency responsible for
province-wide lottery games and gaming facilities. Since 1975, OLG
lotteries, Casinos, Slots, and Resort Casinos have generated more
than $34 billion for the benefit of
the Province of Ontario. Gaming
proceeds support Ontario's
hospitals, amateur sport, recreational and cultural activities,
communities, provincial priority programs such as health care and
education, and local and provincial charities and non-profit
organizations through the Ontario Trillium Foundation.
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
our gaming systems by casinos and other customers, and the expected
acceptance of our gaming 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, the impact of global macroeconomic and credit conditions on our
business and the business of our suppliers and customers, 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
our financial condition, including our ability to maintain
sufficient liquidity to operate our business. 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.
Contacts:
Mark Roberson
CEO and CFO
PokerTek, Inc.
704.849.0860, x101
investorrelations@pokertek.com
SOURCE PokerTek, Inc.