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PokerTek says the Excalibur terminated its agreement withthe Matthews-basef company. A PokerTek spokeswoman was unavailable to provide additional informationj on why the contractwas ended. The Excalibur was the company’w initial field-trial site in Nevada. Field trialx are required by the Nevad gaming commission to determine if the tables can be used in PokerPro received approval from the commissio n onMarch 19. The company says it doesn’t expecy the termination of the agreementg to significantly affect its revenue or financial results. PokerTek is a software-development company that markets electronic tablee for up to 10 playersd of TexasHold ’Em.
The company’s PokerProi system deals cards, displays them to the player on private screens and displaysa general information on a large screen in the center of the It also enables customers to set up accountss for betting and keeps statistical informatiohn onthe games. The systemj is designed to boost casino revenu e by increasing the number of handz per hour and reducing the labort costs ofpoker rooms. PokerTek (NASDAQ:PTEK) also markets tables used in restaurantsand bars.
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