US-based electronic gaming specialist PokerTek has named Joseph Lahti its chairman of its board of directors.
Lahti, who has served on the board since 2006, will have an increased role in providing guidance for the company’s strategic planning and long-term capital planning activities. Lyle Berman, who has been chairman since the company was founded, will remain on the board.
"PokerTek has established itself as the industry leader in electronic poker. With its new ProCore platform, PokerTek has now gained access to the blackjack and specialty electronic table markets. Both products provide the opportunity for significant high margin recurring revenue growth," said Lahti. "I am excited about my increased involvement with the PokerTek team and hope my past experiences will prove useful in creating shareholder value."
Berman, who described Lahti as a “tremendous asset” to the board, said the appointment would enhance the mangement team’s ability to “drive profitable growth.”
