LEVIS, QC, Oct. 3, 2011 /PRNewswire/ - DEQ Systems Corp. (TSXV: DEQ) ("DEQ" or the "Company"), a leading provider of table game bonusing, jackpot and loyalty solutions, announced today that it has unveiled the Panda 8™ side bet for the EZ Baccarat™ operating system.
The Panda 8 Side bet is a 25:1 side bet with a theoretical house edge of 10.2%. This enhancement to EZ Baccarat completes the product offering by now enabling bettors to side bet on both the Banker side with the Dragon 7 and the Player side with the Panda 8. The Panda 8 is now operational and in play at four of the most important baccarat casinos in the USA. The Barona Casino and Resort, the Commerce Casino in California and the Station Casino properties of Palace Casino and Red Rock in Las Vegas all are now offering Panda 8 to their distinct clientele.
Michael Patterson, Vice President of Table Games at Barona, stated "We like to provide our players with new and exciting opportunities to win. Panda 8 gives them a chance to make a side bet on the player side of Baccarat and they love it."
EZ Baccarat is a unique operating system in that it removes the commission from Baccarat without penalizing the player or the casino. The increase in the speed of the game, the reduction of errors and the increased action on the side bets makes EZ Baccarat a new industry standard for best of breed games. The hold of EZ Baccarat in an operational setting is similar to commission baccarat and more often than not, higher than commission baccarat due to the very enticing optional side bets.
Independent studies have proven that all the various attempts to count EZ Baccarat and/or its side bets is impractical and that the best practices that govern operating the game, when followed, provide for an optimal gaming experience that benefits both the player and the casino.
ABOUT EZ BACCARAT™
EZ Baccarat is a 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. The EZ Baccarat method bars a three card total of seven and is trademarked as the "Dragon 7™". Players can also make optional side wagers called Dragon 7 and Panda 8. The Dragon 7 is when the Banker wins with a total of seven consisting of three cards and pays 40 to 1. The Panda 8 is when the Player wins with a total of eight consisting of three cards and pays 25 to 1. The EZ Baccarat methodology and side bets bet were co-created by Robin Powell and TJ Tejeda of Talisman Group. 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.
DEQ Systems Corp. (TSXV: DEQ) is a global provider of gaming technology in over 30 countries. Protected by more than 20 patents in 50 countries, DEQ specializes in progressive and random bonusing systems for table games. DEQ's innovation and ingenuity has been to replace the single dollar coin slot and sensor with its internationally award winning G3™ technology. The G3 incorporates multiple credit betting, dealer hand betting and mystery bonusing. DEQ also commercializes technology and patents including the award winning baccarat revolution, EZ Baccarat™ and related auxiliary products such as EZ Trak™. DEQ is and will continue to lead innovation in the table game bonusing segment of the global gaming market. For further information, please visit www.deq.com.
TSX Venture does not accept any responsibility regarding the accuracy of the information contained in this press release.
Forward-looking statements contained in this Press Release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.
SOURCE DEQ SYSTEMS CORP.