STOCK TITAN

Jackpot Digital Completes Two-Table Installation At Rosebud Casino in South Dakota

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Jackpot Digital Inc. (OTCQB:JPOTF) announced the successful installation of two Jackpot Blitz™ electronic table games at Rosebud Casino in South Dakota on June 29, 2022. CEO Jake Kalpakian highlighted growing demand for their products, driven by a shortage of experienced dealers and a trend towards automation in casinos. The company expects additional installations soon, contributing to its recurring revenue growth. Jackpot Digital specializes in multiplayer gaming products and offers backend tools for operators to optimize their gaming businesses.

Positive
  • Successful installation of 2 Jackpot Blitz™ ETGs at Rosebud Casino.
  • Growing customer base contributing to recurring revenue.
  • Strong demand for products due to a tight dealer market and trend towards automation.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / June 30, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSX-V:JJ.WT.B)(TSX-V:JJ.WT.C)(OTCQB:JPOTF) (Frankfurt Exchange: LVH3) is pleased to announce that on June 29 it successfully completed the installation of 2 (two) Jackpot Blitz™ ETGs at Rosebud Casino, located in South Dakota.

Jackpot Digital's President and CEO, Jake Kalpakian states "It's exciting to see our Jackpot Blitz™ tables installed at another casino in the United States, Rosebud Casino in South Dakota. Our customer base continues to grow, adding to our recurring revenue base. Our schedule is busy with several additional casino installations expected soon, and the macro environment continues to support new business. Demand continues to grow for Jackpot Blitz™ due to a tight market for experienced dealers and a strong trend toward automation on casino floors."

Jackpot Digital Inc., Thursday, June 30, 2022, Press release picture

Jackpot Digital's latest two installations of Jackpot Blitz™ at Rosebud Casino in South Dakota

About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading electronic table games manufacturer for the cruise ship industry and regulated casino industry. The Company specializes in multiplayer gaming products, including poker and casino games, which are complemented by a robust suite of backend tools for operators to efficiently control and optimize their gaming 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 future plans, obtaining the customary regulatory approvals for new customers, projected 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", "to be", "expect", "propose", "anticipate", "intend", "plan", "plans" "estimate", 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 source version on accesswire.com:
https://www.accesswire.com/707108/Jackpot-Digital-Completes-Two-Table-Installation-At-Rosebud-Casino-in-South-Dakota

FAQ

What recent installation did Jackpot Digital complete?

Jackpot Digital completed the installation of two Jackpot Blitz™ electronic table games at Rosebud Casino in South Dakota on June 29, 2022.

What is the stock symbol for Jackpot Digital?

The stock symbol for Jackpot Digital is JPOTF on the OTCQB.

What factors are driving demand for Jackpot Digital's products?

Demand is being driven by a shortage of experienced dealers and a growing trend towards automation in casinos.

What does Jackpot Digital specialize in?

Jackpot Digital specializes in electronic table games for the cruise ship and regulated casino industries.

JACKPOT DIGITAL INC NEW

OTC:JPOTF

JPOTF Rankings

JPOTF Latest News

JPOTF Stock Data

8.74M
129.58M
18.89%
10.4%
Gambling
Consumer Cyclical
Link
United States of America
Vancouver