Press release from Marketwire
LVFH Enters Into Mobile Gaming Software Licensing Agreement With PokerTek
Friday, December 13, 2013
LVFH Enters Into Mobile Gaming Software Licensing Agreement With PokerTek06:00 EST Friday, December 13, 2013
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 13, 2013) - Las Vegas From Home.com Entertainment Inc. (the "Company" or "LVFH") (TSX VENTURE:LVH)(PINKSHEETS:LVFHF)(BERLIN:LVH)(FRANKFURT:LVH) is pleased to announced it has signed a software licensing agreement (the "Agreement") with PokerTek, Inc. ("PokerTek") (NASDAQ:PTEK) to offer LVFH's new HTML5 casino and Poker games to its customers. PokerTek is a leading supplier of electronic table games to cruise ship and land-based casinos worldwide.
Under the Agreement, LVFH will provide PokerTek with LVFH's new HTML5 mobile gaming platform, which allows Poker, BlackJack, and other games to be played on smart phones, tablets, and personal computers.
"We're delighted to have been chosen as PokerTek's partner for this exciting opportunity," commented Jake H. Kalpakian, President of LVFH. "Mobile gaming is one of the fastest-growing segments of the global gaming market. With our leading technology, players will be able to game anywhere in a facility featuring PokerTek's technology and will soon be able to play casino games such as BlackJack and Roulette and participate in multiplayer games such as Poker (including tournaments) against other players, all from their mobile devices. Players will enjoy the greater convenience and flexibility afforded by our HTML5-based games, which allow them to play directly from their mobile web browsers, anywhere on a ship or casino property and not just the confines of the gaming floor, as well as enjoy a larger Poker market," Mr. Kalpakian continued.
"Due to the increasing prevalence of mobile devices and the 'mobile evolution' in the gaming industry, LVFH has been increasing its focus on mobile games over the last several years and already has many of its casino and Poker products available on iOS and Android devices. Our new HTML5 gaming platform offers the same high-quality gaming experience and even greater accessibility, as players can play our games from all major web browsers on PCs, Macs, iOS and Android devices without needing to download the app. We are continuously upgrading our mobile gaming technology to remain on the leading edge of the industry, and it is the Company's mobile gaming leadership that attracted PokerTek," Mr. Kalpakian continued.
James Crawford, President of PokerTek, said, "Our customers are demanding mobile gaming as part of their electronic gaming strategies, and we are pleased to add LVFH's leading mobile gaming technology to our suite of products. We evaluated numerous platforms and technology providers and found LVFH to have the most complete, robust and player-friendly product in the industry."
About Las Vegas From Home.com Entertainment Inc.
Since 1999, LVFH has been a reputable provider of innovative gaming software spanning Poker, Casino, and other popular multiplayer games, and is committed to bringing an enjoyable experience to players and delivering great results to operators. Our lengthy track record in gaming software development, financial accountability and cardroom operations have made us one of the leading software developers in the industry.
About PokerTek, Inc.
PokerTek, Inc. (NASDAQ:PTEK) (www.pokertek.com) is a licensed gaming company headquartered in Matthews, NC that develops and distributes electronic table games solutions for the gaming industry. The company's products are installed worldwide, and include PokerPro and Blackjack Pro. For more information, visit www.pokertek.com.
On behalf of the Board of Las Vegas From Home.com Entertainment Inc.
Jake H. Kalpakian, President & CEO
Statements in this news release which are not historical facts are "forward-looking statements" that involve risks and uncertainties. The reader is cautioned not to place undue reliance on forward-looking statements.
Trading in the securities of the Company should be considered speculative.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Las Vegas From Home.com Entertainment Inc.
Jake H. Kalpakian
(604) 681-0204 x6105