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PokerTek Hires New CEO

Co-Founder Lou White Is Now a Vice Chairman

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PokerTek, the company behind a line of computerized poker tables for use in both casinos for real-money play and bars for entertainment-only purposes, has revised its leadership posts.

The North Carolina-based company has hired Chris Halligan as its new CEO. Former CEO and co-founder Lou White will now serve as vice chairman to its board.

Halligan comes to PokerTek via the Dell Computer Corporation, where he held a variety of posts, and webMethods, Inc., where he served as vice president of North American operations. The company webMethods provides business process integration software to companies worldwide.

PokerTek makes several different fully automated poker tables, including the PokerPro and the PokerPro Heads-Up. It also makes a poker arcade game branded with the World Series of Poker logo.

The company's stock has been trading at around $10 for the past three months, and its stock price had reached more than $15 last November. It contracted with a factory in Asia to start mass-producing its "for amusement only" heads-up machines that it's starting to place in bars and restaurants everywhere. The factory goes online early next year.