LEVIS, QC, Oct. 20 /CNW Telbec/ - DEQ Systems Corp. (TSX-V: DEQ) ("DEQ" or the "Company"), a leading provider of table game bonusing, jackpot and loyalty solutions, announces today that the company has been granted its conditional approval for EZ Baccarat in New Jersey and that the Trump Marina Hotel and Casino has installed 2 EZ Baccarat and 2 EZ Trak. During the conditional approval process, all New Jersey casinos can install and offer EZ Baccarat upon request to the New Jersey Casino Control Commission and DEQ is permitted to charge clients for the use of its products.
"We are excited to be able to offer our guests EZ Baccarat, a viable alternative to traditional Baccarat", stated Don Browne, Vice President of Casino Operations at Trump Marina Hotel and Casino. "We are confident that our customers will embrace the "no commission" feature as well the added attraction of the EZ Trak system. EZ Baccarat is a strategic initiative that will help us to maximize revenue potential in a competitive market."
"New Jersey is a key strategic market for EZ Baccarat," stated Earle G. Hall, President & CEO of DEQ. "There are approximately 150 baccarat tables in a concentrated geographical area. We are very excited about the potential of this market as it represents the same demographics as the southern California market where we have penetrated the vast majority of the casinos and achieved a penetration rate of more than 75% of the baccarat tables."
ABOUT EZ BACCARAT(TM)
EZ Baccarat is revolutionary method of accelerating the speed of baccarat by eliminating the commission. The winning hand bank commission is replaced by "barring" one specific winning bank hand and/or reducing the banked winning wagers. The EZ Baccarat method bars a three card total of seven and is trademarked as the "Dragon 7(TM)". Players can also make a side wager as to the occurrence of the Dragon 7. This side wager pays 40 to 1 and creates an additional way for the player to win and a new revenue source for the casino. The EZ Baccarat methodology and the Dragon 7 bet were co-created by Robin Powell and TJ Tejeda of the Talisman Group in conjunction with DEQ. These methods and trademarks are protected within the scope of DEQ's no commission baccarat intellectual property portfolio that protects all methodologies such as barred hands and reduced banked winning wagers.
Founded in 1998, DEQ Systems Corp. (TSXV: DEQ) is a leader in the table game bonusing technology field. DEQ's patents, products and features include side bet bonusing games with progressive and random jackpot prizes, slot machine style mystery bonusing, multiple credit and denomination betting flexibility, dealer hand betting, electronic credit bank, electronic rake, baccarat hand tracking, multimedia animation and sound effects. DEQ has an extensive patent portfolio that is recognized in more than 50 countries such as the USA, Macau, Australia and Canada. DEQ's bonusing solutions and products are present in more than 200 casinos in over 30 countries. For further information, please visit www.deq.com
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SOURCE DEQ SYSTEMS CORP.
For further information: For further information: Earle G. Hall, President & CEO, DEQ Systems Corp., (418) 839-3012, firstname.lastname@example.org; Francois Proulx, Chief Financial Officer, DEQ Systems Corp., (418) 839-3012, email@example.com