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Best of Gary Trask
It was just last August that Excalibur became the first casino in Las Vegas
But on Sunday night, Lynn Holt, the VP of Marketing for Excalibur admitted that did not turn out to be the case.
"Excalibur was happy to be the first Las Vegas Strip casino to offer poker players the opportunity to enjoy the PokerTek automated system," Holt said. "We found the system to be an efficient and viable poker alternative for players at all levels.
"While our experience was successful, we ultimately found that live poker games more accurately reflect the interactive poker experience customers have come to expect when they make their way to the excitement of the Las Vegas Strip."
In a press release last month, PokerTek said that it received notification on June 19 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.
"We thoroughly enjoyed working with the Excalibur and their partnership was critical to the success of our field trial in Nevada," said Mark Roberson, PokerTek's acting CEO. "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."