Works for me.
[root@alma03 ~]# hosted-engine --deploy
[ INFO ] Stage: Initializing
Continuing will configure this host for serving as hypervisor and create a VM where you have to install oVirt Engine afterwards.
Are you sure you want to continue? (Yes, No)[Yes]:
It has been detected that this program is executed through an SSH connection without using screen.
Continuing with the installation may lead to broken installation if the network connection fails.
It is highly recommended to abort the installation and run it inside a screen session using command "screen".
Do you want to continue anyway? (Yes, No)[No]: yes
[ INFO ] Generating a temporary VNC password.
[ INFO ] Stage: Environment setup
Configuration files: 
Log file: /var/log/ovirt-hosted-engine-setup/ovirt-hosted-engine-setup-20140821111408-fgx6xv.log
Version: otopi-1.2.2 (otopi-1.2.2-1.el6ev)
[ ERROR ] Failed to execute stage 'Environment setup': Hardware does not support virtualization
[ INFO ] Stage: Clean up
[ INFO ] Generating answer file '/etc/ovirt-hosted-engine/answers.conf'
[ INFO ] Stage: Pre-termination
[ INFO ] Stage: Termination
Since the problem described in this bug report should be
resolved in a recent advisory, it has been closed with a
resolution of ERRATA.
For information on the advisory, and where to find the updated
files, follow the link below.
If the solution does not work for you, open a new bug report.