This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

PokerTek's CEO Discusses Q4 2011 Results - Earnings Call Transcript

James Crawford will now provide additional information regarding our progress in several of those key markets.

James Crawford

Thanks Mark. In 2011 we made real progress in several new markets that we've been working on and we're able to execute on many of these opportunities in Q4. We are expecting strong growth in 2012 with meaningful opportunities in several domestic and international market. Poker Pro was approved for field trial in October by the Ontario Lottery and Gaming Corporation and we installed 20 player positions at western fair district casino in London Ontario. The trial concluded successfully in December and the site immediately added 10 more player positions to do to the success of the product. LLG operates 27 gaming sites across Ontario, many of which offers slots and electronic table games. This is an idle market for PokerTek's products and we've now submitted our ProCore platform to their lab for approval. We are expecting several additional Poker Pro installations this year and see Ontario quickly becoming an important contributor to our growth for 2012.

In Europe, we continue to expand in Romania where we've added 50 player positions to new properties operated by one of our existing customers in Q4. This gives us a total of 130 player positions at three sites in Romania where there is little manual competition and the security of Poker Pro's cashless electronic platform is appreciated and preferred by the operators. We are seeing the same types of opportunities developing in other parts of Eastern Europe and expect to see similar growth prospects as we progress into 2012.

Read the rest of this transcript for free on

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,084.49 +33.74 0.20%
S&P 500 2,014.89 +15.91 0.80%
NASDAQ 4,830.47 +19.6820 0.41%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs