ARISTOCRAT, POKERTEK DEAL
PokerTek and Aristocrat Technologies Limited, a world leader in slot machine gaming technology, announced the extension of their worldwide distribution agreement today. The agreement provides Aristocrat with the exclusive right to distribute PokerTek's award winning PokerPro gaming products outside of North America for a period of ten years, comprised of a one-year initial term followed by a possible nine-year extension.
“Aristocrat has been a good ally for PokerTek on several levels,” said Chris Halligan, chief executive officer of PokerTek. “Not only have they performed well in growing PokerPro's international market share, they've been an excellent business partner.”
“PokerPro has been an excellent complement to our product range, and working with PokerTek has been a pleasure,” said Simon Kelly, chief financial officer, Aristocrat.
Aristocrat already has placed almost 100 PokerPro tables worldwide including installations in Australia, Bulgaria, Panama, Hungary, Malaysia and elsewhere. Aristocrat also will continue to serve as a distributor for Heads-Up Challenge, PokerTek’s industry leading amusement poker game.