PokerTek (NASDAQ: PTEK) announces the installation of four PokerPro® tables at the Black Oak Casino in Tuolumne, CA. This installation is the fifth 100% PokerPro poker room now open worldwide, and the first in a California tribal casino.
"Black Oak Casino is a great fit for PokerPro," said Lou White, Chief Executive Officer of PokerTek. "The commitment and enthusiasm shown by their staff during the entire process has been phenomenal and makes them an ideal partner for PokerTek."
"We are thrilled to offer live poker with PokerPro tables," said Mitch Goldstein, Gaming Director of Black Oak Casino. "PokerTek's knowledge and experience made it easy for us to open our new room, train our staff, and integrate poker into our overall product offering."
Black Oak Casino is a California Indian Gaming Casino, owned and operated by The Tuolumne Band of Me-Wuk Indians. Black Oak features over 1,000 slot machines, 24 live action table games, seven restaurants and bars, live entertainment, and a Family Floor featuring an arcade and a 24-lane Brunswick bowling center. Prior to installing PokerPro tables, Black Oak had not offered poker to its guests.
"Going 100% automated seemed like the right thing to do in today's world," said Goldstein. "Players enjoy the game, the economics are great for us and we're excited to offer the newest and best features to our customers."
The Black Oak Poker Room will launch with ten weekly tournaments, including daily tournaments at 11AM. For more information on the Black Oak Casino, visit www.blackoakcasino.com.
About PokerTek, Inc.
PokerTek, Inc. (NASDAQ: PTEK), headquartered in Matthews, NC, develops and markets PokerPro and PokerPro Heads-Up, automated poker tables and related software applications developed to increase casino revenue, reduce expenses and attract new players into poker rooms. PokerTek entered the amusement space by introducing Heads-Up Challenge, a heads-up poker table for bars and restaurants that target adults, who play for amusement only. PokerPro tables are located in the United States, the United Kingdom, Germany, the Philippines, Australia, South Africa and several major cruise lines. For more information, please visit the company's website at www.pokertek.com (http://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, and 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, 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 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.
