DEQ adds 100 units of Lucky Lucky to its install base and signs distribution deal
LEVIS, QC, April 27, 2012 /PRNewswire/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ" or the "Company"), a leading provider of table game bonusing, progressive jackpot and table game linking solutions, is proud to announce that the company has concluded an agreement with Lucky Lucky Nevada for the exclusive distribution of the highly successful Lucky Lucky Blackjack side bet in the United States.
Lucky Lucky is a felt based side bet for blackjack. Lucky Lucky Nevada already has 100 units of Lucky Lucky in the United States primarily in Nevada and California. DEQ receives immediate accretive recurring revenue for these units and is deploying new installations immediately. DEQ is planning a progressive version of the product as well in 2012. With the success of the baccarat, pai gow and poker derivative product lines, DEQ is now concentrating much more energy on the blackjack segment of the market and Lucky Lucky is the first felt side bet in this product segment.
"While the average lease price of blackjack felt side bets are usually lower than that of our current product lines, this segment is very attractive because of the much larger volumes of potential sales. Lucky Lucky has been a very successful product in Canada for several years and the current growth in Nevada and California as well as the strong interest in the USA Mid West is very exciting," explained Earle G. Hall, President & CEO of DEQ. "Our sales team is very excited to add this very popular side bet to the product mix and we are very motivated to build this new product line."
DEQ Systems Corp. (TSXV: DEQ) is a customer centric company that delivers best of breed table game technology related products to the global gaming industry that adds value and increases client revenue. DEQ provides table game bonusing technology, table games, table game results tracking and jackpot connectivity solutions to more than 275 casinos in 30 countries. DEQ is an intellectual property focused company that has an extensive patent portfolio of more than 20 patents recognized in 50 countries. For further information, please visit www.deq.com.
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