September 4, 2009 (FinancialWire) — PokerTek (NASDAQ: PTEK) (Current Market Cap: $8.93 Mil.) said it had entered into agreements to sell 686,090 shares of common stock to accredited investors at an aggregate purchase price of $500,000.

Company chairman Lyle Berman participated in the private placement, purchasing 328,947 shares at $0.76, the consolidated closing bid price of the stock immediately preceding the transaction.

Matthews, North Carolina-based PokerTek develops and markets products for the gaming and amusement industries. The company’s products include PokerPro automated poker tables and related software applications.

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