MATTHEWS, N.C., June 25, 2012 -- PokerTek, Inc. (NASDAQ: PTEK), is pleased to announce that it has installed 50 additional PokerPro player positions at Harrah's Cherokee Casino, into the property's newly constructed poker room. This brings the total number of installed PokerPro player positions to 150 at the property.
"Adding more PokerPro tables helps us accommodate our growing player base and will allow us to offer more WSOP tournaments," commented Ron Hager, Director of Table Games for Harrah's Cherokee. "We're proud of our new poker room expansion, and pleased that PokerPro continues to grow with us."
Harrah's Cherokee provides the only live poker within 350 miles of Cherokee, NC, a radius that encompasses Charlotte, NC, Atlanta, GA, Knoxville and Chattanooga, TN. The room offers a range of cash games, including $1/2 No-Limit, $2/5 No-Limit and $3/6 Limit Cash games, and a variety of tournaments.
PokerPro tables are cutting-edge electronic gaming devices that play live poker and allow players to play against one another. Players can privately view their hole cards and place bets using their individual screens. The community cards, pot and player table stakes are displayed on a large center monitor for all players to see.
The expansion of Harrah's Cherokee is currently the largest hospitality expansion project underway in the Southeast and one of the largest in the United States, offering the greatest number of hotel accommodations in the Carolinas. Upon completion in 2012, the 56-acre property will have added a third hotel tower incorporating luxury accommodations and high-end suites, a 3,000-seat events center, entertainment and VIP lounges, 18,000-square-foot spa, all new state-of-the-art digital poker room, Asian gaming room, a variety of new restaurant and retail outlets, and new hotel and casino parking garages. Harrah's Cherokee is also renovating its current casino facilities and doubling the size of its casino floor to 150,000 square feet while increasing video and table game capacity.
Harrah's Cherokee Casino & Hotel is an enterprise of the Eastern Band of the Cherokee Nation, located 50 miles west of Asheville at the entrance to the Great Smoky Mountains National Park. Harrah's Cherokee Casino is open 24 hours a day to guests 21 years of age or older. For more information about Harrah's Cherokee, please call (828) 497-7777 or visit www.harrahscherokee.com.
About PokerTek, Inc.:
PokerTek, Inc. (NASDAQ: PTEK) 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.
SOURCE PokerTek, Inc.