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Excalibur

Excalibur

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PokerTek Inc.

will remove 12 of its PokerPro tables from the gaming floor of the Excalibur Hotel and Casino in Las Vegas, effective July 5.PokerTek says the Excalibur terminated its agreement with the Matthews-based company.

A PokerTek spokeswoman was unavailable to provide additional information on why the contract was ended.The Excalibur was the company's initial field-trial site in Nevada.Field trials are required by the Nevada gaming commission to determine if the tables can be used in casinos.PokerPro received approval from the commission on March 19.The company says it doesn't expect the termination of the agreement to significantly affect its revenue or financial results.PokerTek is a software-development company that markets electronic tables for up to 10 players of Texas Hold 'Em.

The company's PokerPro system deals cards, displays them to the players on private screens and displays general information on a large screen in the center of the table.

It also enables customers to set up accounts for betting and keeps statistical information on the games.The system is designed to boost casino revenue by increasing the number of hands per hour and reducing the labor costs of poker rooms.PokerTek (NASDAQ:PTEK) also markets tables used in restaurants and bars.



http://www.bizjournals.com/charlotte/stories/2009/06/22/daily15.html
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