Thursday, November 3, 2011

PokerTek names acting CEO - Charlotte Business Journal:

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Roberson joined the company inlate 2007. “Marmk has proven himself as a capable leader, and we feel he is the righ t person to lead PokerTek at this saysLyle Berman, chairman of the company. “Thes top priority for the management teamunder Mark’s leadership will be to accelerates PokerTek’s progress towards cash-flow-positive operatinf results.” PokerTek lost $1.8 million, or 16 cents per diluted share, in the first quarter. In the same period last year, the compang lost $21 million, or 20 cents per dilutes share. Revenue fell 33 percent in the lates quarterto $2.1 million.
Accordin to a company filinb with the Securities andExchange Commission, Halliganb resigned as CEO for personal reasonw that were not related to PokerTek'sd operations, policies or He became CEO of the compang in September 2007. Halligan joinedr PokerTek in 2006 as vice president of salezsand planning. Before that, he did consultin work in the software andmarketing Matthews-based PokerTek is a software-development company that marketws electronic tables for up to 10 players of Texads Hold ’Em.
The company’s PokerPro system deals cards, displaysz them to the players on privatwe screens and displays general informatioj on a large screen in the center of the It also enables customers to set up accountsx for betting and keepxs statistical information on the The system is designed to boost casinoi revenue by increasing hands per hour and reducinfg the labor costs ofpoker rooms. PokerTe k (NASDAQ:PTEK) also markets tableds used in restaurantsand bars.

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