PokerTek Extends Contract with Indiana Live! Casino for Additional Two


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11 June 2010Printer Friendly VersionPost a CommentTell a Friend about this Article

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MATTHEWS, N.C.--(BUSINESS WIRE)-- PokerTek, Inc. is pleased to announce that it has signed a two-year contract extension with Indiana Live! Casino for ten PokerPro tables. Indiana Live! Casino first installed the tables in March of 2009.

"We’re pleased to continue our relationship with PokerTek,” said Richard Kline, General Manager of Indiana Live! Casino. “The PokerPro tables are an ideal fit for Indiana Live! Casino, and allow us to bring a complete poker solution to our players.”

Indiana Live! Casino is an approved satellite location for World Series of Poker tournaments, with upcoming qualifying events held on June 20 and 21. Check out www.indianalivecasino.com for weekly poker room promotions.

Indiana Live! Casino is central Indiana’s premier entertainment destination. Located approximately 20 minutes from downtown Indianapolis on Interstate 74E, Exit 109 at Indiana Downs in Shelbyville, Ind., Indiana Live! Casino opened its 233,000-square-foot facility in March of 2009, offering approximately 2,000 of the most popular high-tech ticket-in/ticket-out machines. Guests enjoy a variety of the newest themed reel and video slots offering denominations from a penny to $100. Also, players can enjoy a wide selection of electronic table games, including blackjack, roulette and three-card poker. Additionally, the new Indiana Live! Casino features an expansive state-of-the art poker room offering the best in Texas Hold’em.

Complementing these unparalleled gaming experiences, Indiana Live! Casino also features five unique dining and entertainment venues under one roof, which offers all patrons the area’s best in elegant and casual dining, vibrant nightlife, live entertainment and much more. Indiana Live! Casino is open 24 hours a day and seven days a week to visitors age 21 and older and is located adjacent to Indiana Downs race track, a 200-acre venue that conducts live racing and simulcasting for standardbreds, thoroughbreds and quarter horses throughout the year.

About PokerTek:

PokerTek, Inc. (NASDAQ: PTEK), headquartered in Matthews, N.C., 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 Tracy Egan 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, the expected adoption of the Heads-Up Challenge product by bars, restaurants and other customers, and the expected acceptance of the PokerPro systems and Heads-Up Challenge product 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.




Source: PokerTek, Inc.

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