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PokerTek Inc. (PTEK)Q3 2009 Earnings Call November 3, 2009 5:30 pm ET<a
http://seekingalpha.com/article/170993-pokertek-inc-q3-2009-earnings-call-transcript?source=feed
Taiwan-based industrial PC maker ICP Electronics has agreed to invest NT$15 million (US$462,000) to take a 5% stake of PokerTek, a US-based provider of automated poker tables, to strengthen existing business cooperation, according to ICP.
PokerTek, the industry pioneer in automated poker tables, announced that ICP Electronics will become a shareholder of the Company. Pursuant to the terms of the agreement, PokerTek will issue 565,000 shares of common stock to ICP valued at price of $0.85 per share as soon as practicable.
MATTHEWS, N.C., Aug. 18 /PRNewswire-FirstCall/ -- PokerTek, the industry pioneer and worldwide leader in automated poker tables, announced today that ICP Electronics will become a shareholder of the Company.
http://news.prnewswire.com/ViewContent.aspx?ACCT=109&STORY=/www/story/08-18-2009/0005079643&EDATE=
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Nov 04, 2009 (Wall Street Horizon via COMTEX) --
PokerTek, Inc. (PTEK)
Expected next earnings release: Announcement date: 2/18/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Expected next investor conference call information: Conference Call Date: 11/3/2009 Conference Call Time (ET): 5:30 PM Conference Call URL: http://www.pokertek.com/investors/
Tags: conference corporate earnings market
Companies: PokerTek Inc (PTEK)
MATTHEWS, N.C., Nov 02, 2009 (BUSINESS WIRE) --
PokerTek, the industry pioneer and worldwide leader in automated poker tables, announced today that they have been selected as Pringsa/Cirsa's preferred vendor for automated poker tables.
The first PokerPro system was installed at the Emotion Bingo gaming property in Puerto Vallarta, Mexico on September 4th. Emotion Bingo is owned and operated by Cirsa and Pringsa Corporations. This is the first installation of PokerPro in Mexico.
"We are excited to add electronic poker to Emotion Bingo," said Julian Lopez, Director of Operations for Pringsa and Cirsa in Mexico. "PokerPro allows us to offer the most popular poker games and limits on an electronic platform that emulates live poker. Poker players will find a variety of cash games and tournaments, and compete against other players as they would at a manual poker table."
"We are pleased to be selected as the preferred vendor of automated poker tables for Pringsa/Cirsa," said Mark Roberson, PokerTek's Acting CEO and CFO. "They are a great partner, and we look forward to working with them to make PokerPro a success."
Due to the success of PokerPro in Puerto Vallarta, PokerTek is already planning its second installation with Pringsa/Cirsa by adding two tables to the state-of-the-art CasinoLife Del Valle property in Mexico City.
The Emotion branded property in Puerto Vallarta also offers sports betting, bingo and video lottery terminals.
About PokerTek
PokerTek, Inc. (NASDAQ: PTEK), headquartered in Matthews, NC, develops and markets products for the gaming and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free. Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on-site entertainment. Both products are installed worldwide. For more information, please visit the company's website at 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, which 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 gaming properties 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 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.
PokerTek, Inc. Tracy Egan, 704-849-0860 x106
Tags: adoption business ceo earnings entertainment environment licenses lottery mexico nasdaq north carolina products property quality control revenue securities software sports video
Companies: PokerTek Inc (PTEK)
MATTHEWS, N.C., Oct 20, 2009 (BUSINESS WIRE) --
PokerTek, Inc. (NASDAQ:PTEK) expects to release its third quarter 2009 financial results after the close of trading on Tuesday, November 3, 2009. A webcast conference call will be held on that same day at 5:30 p.m. EST for management to discuss the company's third quarter 2009 performance.
Interested parties may listen to and participate in the conference call by dialing 888-680-0890 (U.S./Canada) or 617-213-4857 (Other) and entering passcode 52324639. A live webcast of the conference call will be available through a link on our website, www.pokertek.com, under the heading "Investors," as well as at www.earnings.com and www.streetevents.com. For those unable to participate in the live call, an archived replay will be made available for one year on our website. A replay of the conference call will also be available approximately two hours after the conclusion of the call for approximately 24 hours by dialing 888-286-8010 (U.S./Canada) or 617-801-6888 (Other) and entering passcode 94293535.
About PokerTek
PokerTek, Inc. (NASDAQ: PTEK), headquartered in Matthews, NC, develops and markets products for the casino and amusement industries. PokerTek developed PokerPro automated poker tables and related software applications to increase casino revenue, reduce expenses and attract new players into poker rooms by offering interactive poker that is fast, fun and mistake-free. Heads-Up Challenge is a two-player table that allows bars and restaurant patrons to compete head-to-head in various games for amusement purposes, increases earnings for game operators and provides patrons unique and challenging on-site entertainment. Both products are installed worldwide. For more information, please visit the company's website at 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, which 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 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.
PokerTek, Inc. Tracy Egan, 704-849-0860 x106
Tags: adoption annual report business canada conference earnings entertainment environment financial results licenses nasdaq north carolina products quality control revenue securities software
Companies: PokerTek Inc (PTEK)
Sep 30, 2009 (Wall Street Horizon via COMTEX) --
PokerTek, Inc. (PTEK)
Expected next earnings release: Announcement date: 11/2/2009 - After Market Earnings Quarter: Q3 Announcement Status: Unconfirmed
Expected next investor conference call information: Conference Call Date: 8/10/2009 Conference Call Time (ET): 5:00 PM Conference Call URL: http://www.pokertek.com/investorrelations.html
Tags: conference corporate earnings market
Companies: PokerTek Inc (PTEK)
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Developing the PokerPro system, an electronic poker table that provides a fully-automated poker-room environment.
This decision was made after PokerTek's President answered the allegations by providing Lightning Poker with a sworn statement that "no one from PokerTek has claimed or asserted that any product of [Lightning Poker] infringes ... any design patent of PokerTek, or ...
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