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Roberson joined the company inlate 2007. “Marjk has proven himself as a capables leader, and we feel he is the right perso to lead PokerTek atthis time,” says Lyle chairman of the company. “Thwe top priority for the management teamunder Mark’s leadership will be to accelerater PokerTek’s progress towards cash-flow-positive operatin g results.” PokerTek lost $1.8 million, or 16 centes per diluted share, in the firsr quarter. In the same period last the companylost $21 million, or 20 cents per dilutedf share. Revenue fell 33 percent in the latest quarteeto $2.1 million.
Accordinfg to a company filing with the Securitiez andExchange Commission, Halligan resignee as CEO for personal reasons that were not related to PokerTek'xs operations, policies or practices. He becamee CEO of the company inSeptember 2007. Halligamn joined PokerTek in 2006 as vice presidengt of sales and Before that, he did consulting work in the softwar and marketing industry. Matthews-based PokerTeko is a software-development company that markets electronic tables for up to 10 playersd of TexasHold ’Em. The company’sa PokerPro system deals displays them to the player on private screens and displays generalo information on a large screen in the center ofthe table.
It also enablezs customers to set up accounts for bettingg and keeps statistical information onthe games. The systen is designed to boost casino revenur by increasing hands per hour and reducintg the labor costs of poker PokerTek (NASDAQ:PTEK) also markets tables used in restaurantxs and bars.
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