Texas company acquires PokerTek

Las Vegas Review Journal – Slot machine provider Multimedia Games said Wednesday it spent $13 million to acquire electronic table game company PokerTek. The transaction was announced as part of Multimedia Games’ second quarter earnings, in which the manufacturer said it grew both profits and revenue in the quarter that ended March 31. Multimedia Games is headquartered in Austin, Texas, with a sales and marketing office in Las Vegas. PokerTek places electronic poker, blackjack and baccarat tables in casinos throughout the U.S. and Macau. The deal requires regulatory approval. In a 12-month period, PokerTek generated total revenue of $5.5 million….