he company received notification on June 19th that the Excalibur had elected to exercise its rights to terminate its agreement at any time if the field trial for the PokerPro system lasted more than four months. PokerPro received final approval by the Nevada Gaming Commission and exited field trial on March 19, 2009.
Mark Roberson, PokerTek's Acting CEO, commented: "We thoroughly enjoyed working with the Excalibur and their partnership was critical to the success of our field trial in Nevada. Over the past year, we've built a strong base of PokerPro players and our product is stronger than ever as a result of the field trial process.”
“We do not expect the termination of this agreement to have a significant impact on our reported revenues or results of operations," Roberson added.