PokerTek Begins Field Trial in Ontario
MATTHEWS, N.C., Dec. 5, 2011 /PRNewswire/ -- PokerTek, Inc. (PTEK) (NASDAQ: PTEK) is pleased to announce that it has entered into field trial with the Ontario Lottery and Gaming Corporation (OLG) with its PokerPro system. Two tables are currently on trial at OLG Slots at Western Fair District in London, Ontario.
"We believe that the Ontario market is a good fit for PokerPro, due to the fact that there are multiple properties that offer only slots and electronic table games," said James Crawford, President of PokerTek. "With field trial underway, we look forward to growing our PokerPro footprint in Canada."
Ontario Lottery and Gaming Corporation (OLG) is a provincial agency of the Government of Ontario. OLG owns and/or operates 27 gaming sites across Ontario, and also sells lottery products at approximately 10,000 retail locations province-wide.
About PokerTek, Inc.:
PokerTek, Inc. is a licensed gaming company headquartered in Matthews, NC that develops and markets electronic table game solutions for the gaming industry. www.PokerTek.com.
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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. 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.
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.
SOURCE PokerTek, Inc.