DEQ Systems Corp. (TSX VENTURE: DEQ) announced today that Harrah's Operating Company, Inc. a subsidiary of Harrah's Entertainment (NYSE: HET), the world's largest provider of branded casino entertainment through operating subsidiaries with more than 40 casinos worldwide, has installed its first EZ Baccarat table game at the Paris® Las Vegas Hotel & Casino. Harrah's and DEQ have recently concluded and disclosed a national patent license for this no commission Baccarat method and this first installed table will serve as the 90 day trial.
Gerald Tuthill, Harrah's Vice President Table Games stated: "We are very pleased to be conducting the no commission baccarat trial at the Paris Casino on the Las Vegas Strip. We chose Paris as the first site because of its reputation for the high volume of baccarat players and its visibility on the Las Vegas Strip."
Earle G. Hall, DEQ's President & CEO stated: "Having Harrah's for the EZ Baccarat trial is very exciting for this recurring revenue product rollout. Harrah's is recognized as an industry leader and continues to lead the way in new table game development across its casino brands. Future versions of this patented method of increasing baccarat revenue and casino profit include electronic side betting as well as other innovative technological add-ons."
EZ Baccarat makes the commission disappear without changing the nature and spirit of this very successful table game. It only replaces the taking of the 5% commission on every winning bank hand by "barring" one specific winning bank hand: a three card total of seven called the "Dragon 7". Players can make an insurance bet, called the "Dragon 7" bet that pays 40 to 1 when the three card winning bank hand occurs.
About DEQ Systems Corp.
DEQ is a worldwide provider of gaming technology products including multiple bet electronic side-betting systems. DEQ's products are present in 200 casinos located in more than 30 countries around the world. DEQ has developed and holds an extensive international patent portfolio that is the basis of the current product line.
Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.
Contacts: DEQ Systems Corp. Earle G. Hall President & CEO 418-839-3012 418-839-5956 (FAX) earle.hall@deq.com
DEQ Systems Corp. Francois Proulx Vice President, Finance 418-839-3012 418-839-5956 (FAX) francois.proulx@deq.com info@deq.com / www.deq.com
SOURCE: DEQ Systems Corp.
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