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PokerTek, Inc. (Nasdaq: PTEK) the industry leader in automated poker technology, is pleased to announce that Gaming Laboratories International (GLI) has approved its latest PokerPro software, Tournaments Plus+, version 3.0. This approval clears the way for installations and upgrades of this new software into jurisdictions worldwide that accept GLI certification.
Since receiving approval, the new software has already debuted at Harrah’s Cherokee Casino, and was instrumental in running the site’s first World Series of Poker tournament on twenty PokerPro tables in early May. The field began with 269 players and ended with the first place winner taking home over $25,000 in prizes, including a $10,000 WSOP buy-in.
“PokerTek’s new tournament software allows us to deliver to our poker players exactly what they have been asking for, big tournaments and a chance to play in the WSOP,” said Ron Hager, Table Games Director at Harrah’s Cherokee. “And we look forward to running more tournaments of this size in the future.”
“Seeing our new Tournaments Plus software run a World Series of Poker event on twenty PokerPro tables was exciting,” said Mark Roberson, CEO of PokerTek, Inc. “This new software changes the way multi-table poker tournaments are played, offering up-to-the-minute information, interactive player statistics and endless configuration options. The information players are used to seeing online is now available in a live environment.”
Upgrades will continue at other PokerPro customer sites in the coming weeks.
Key features of PokerPro Tournaments Plus+ include:
A complete Multi-Table Tournament (MTT) solution, with tournament buy-ins, rebuys, and add-ons all collected and managed through the PokerPro system.
Updated management tools that allow the operators to schedule MTT’s, register players, and collect buy-ins in advance.
New management tools allow for large MTT’s to be run efficiently with minimal dedicated staff.
Allows any combination of Alternates, Rebuys, and Add-Ons across multiple tables.
Dynamic tiered payout structures, with prizes paid directly to player accounts.
A new community Tournament Leader Board displays player rankings and chip stacks, an active tournament clock, blind levels, and tournament statistics.
New player screens display up to the minute tournament statistics, personal hand statistics, and a complete leader board.
MTT specific reports give complete visibility into all tournament and player activity.
About PokerTek, Inc.
PokerTek, Inc. (NASDAQ:PTEK) is a licensed gaming company headquartered in Matthews, NC that develops and distributes electronic table game solutions for the gaming industry. The company’s products are installed worldwide, and include PokerPro and Blackjack Pro. For more information, visit:
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 gaming properties 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.