MATTHEWS, N.C., Dec. 18, 2012 /PRNewswire/ -- PokerTek, Inc.
(NASDAQ: PTEK) announced today that it has re-entered the
Mexico gaming market.
Installations of PokerPro have commenced with games in several
locations already live and in play.
"We are excited to see PokerPro back on the floor in
Mexico, a market which previously
represented over 17% of annualized recurring revenue," commented
Mark Roberson, Chief Executive
Officer.
"Installations in Mexico will
begin contributing incremental recurring revenue immediately, with
14 tables representing 140 gaming positions already in place and
additional sites in planning for the rest of December and early
2013. Our re-entry into the Mexico
market represents a significant catalyst for revenue growth and EPS
profitability."
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
Contact:
Mark Roberson
CEO and CFO
PokerTek, Inc.
704.849.0860, x101
investorrelations@pokertek.com
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.