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Jackpot Digital Completes Installation at Gray Wolf Peak Casino in Montana

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On May 30, 2024, Jackpot Digital announced the successful installation of a Jackpot Blitz® casino machine at Gray Wolf Peak Casino in Missoula, Montana. The Company, noted for its electronic multiplayer dealerless poker tables, has over 70 units in the field and an order book exceeding 90 tables, a 120% increase over the current base. Installations are ongoing in North America and internationally. CEO Jake Kalpakian expressed enthusiasm for the continued growth and expansion of their cutting-edge product. Jackpot's clientele includes major cruise lines and casinos across various U.S. states, Canadian provinces, and international locations.

Positive
  • Successful installation at Gray Wolf Peak Casino, Montana.
  • Current field installations exceed 70 Jackpot Blitz® tables.
  • Order book holds over 90 additional tables, a 120% increase.
  • Continued execution of installation plans in North America and internationally.
  • Positive outlook for further installations and orders in Q2 2024 and beyond.
  • High-profile clientele such as Carnival Cruises, Princess Cruises, and numerous casinos.
Negative
  • No specific financial figures detailed in the PR.
  • Potential shareholder dilution if order fulfillment requires additional funding.

VANCOUVER, BC / ACCESSWIRE / May 30, 2024 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(US OTCQB:JPOTF)(Frankfurt Exchange:LVH3), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has successfully completed the installation of one (1) Jackpot Blitz® casino machine at Gray Wolf Peak Casino, located in Missoula, Montana.

Currently, the Company has over 70 Jackpot Blitz® tables in the field. The Company's order book continues to grow and now includes more than 90 additional Jackpot Blitz® tables, an increase of approximately 120% over the current installation base. The Company is continuing to execute on the installation of these tables at tribal and commercial casinos, mostly in North America and certain international jurisdictions. Furthermore, the Company is in discussions with many casino groups to expand its order book.

Jackpot CEO, Jake Kalpakian, states "we are excited to have our next generation Jackpot Blitz® installed at Gray Wolf Peak Casino. We continue to execute our plan to install our order book. Our stakeholders can expect to see more installations and orders as we move through Q2, throughout 2024 and beyond."

In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in several provinces and states in Canada and the U.S., including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Saskatchewan, U.S. Virgin Islands, Washington, as well as several international jurisdictions.

To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:

About Jackpot Digital Inc.
A positive disruptor in the casino business, Jackpot Digital is a leading manufacturer of dealerless multiplayer electronic poker tables for the cruise ship and land-based regulated casino industries. The Company specializes in dealerless poker which is complemented by a robust suite of backend tools for casino operators to efficiently control and optimize their poker business.

For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at www.jackpotdigital.com.

On behalf of the Board of Jackpot Digital Inc.

"Jake H. Kalpakian"

_____________________________

Jake H. Kalpakian
President & CEO

Trading in the securities of the Company should be considered speculative.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", "in due course" and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.

SOURCE: Jackpot Digital Inc.



View the original press release on accesswire.com

FAQ

What recent installation did Jackpot Digital complete?

Jackpot Digital completed the installation of a Jackpot Blitz® casino machine at Gray Wolf Peak Casino in Missoula, Montana.

How many Jackpot Blitz® tables are currently installed?

There are over 70 Jackpot Blitz® tables currently installed.

What is the growth percentage of Jackpot Digital's order book?

The order book has grown by approximately 120%.

Where are Jackpot Blitz® tables being installed?

Installations are being executed in tribal and commercial casinos across North America and internationally.

Who are some of Jackpot Digital's cruise ship customers?

Jackpot Digital's cruise ship customers include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises.

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