Jackpot Digital Signs Five Table Deal with Three Rivers Casino Resort in Oregon
Jackpot Digital Inc. has signed a licensing agreement with Three Rivers Casino Resort in Oregon to install five Jackpot Blitz™ Electronic Table Games (ETGs). This marks the largest single order from a land-based casino to date for Jackpot Digital. The agreement is pending regulatory approvals. CEO Jake Kalpakian expresses optimism regarding the sales pipeline, indicating potential for further expansion in the U.S. ETG market. Three Rivers Casino's Director of Gaming highlights that the ETGs will enhance their poker offerings.
- Signed licensing agreement with Three Rivers Casino Resort to install five Jackpot Blitz™ ETGs.
- Largest single order from a land-based casino to date, reflecting strong demand.
- Expansion into Oregon represents new territory and potential market growth.
- Agreement is subject to customary regulatory approvals, which may delay implementation.
VANCOUVER, BC / ACCESSWIRE / December 8, 2021 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.A)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF) (Frankfurt & Berlin Exchanges: LVH3). Jackpot Digital is pleased to announce that it has signed a licensing agreement with Three Rivers Casino Resort, located in Florence, Oregon, to install five Jackpot Blitz™ Electronic Table Games ("ETGs"). The licensing agreement is subject to obtaining the customary regulatory approvals.
President & CEO Mr. Jake Kalpakian states "We are very excited to be working with Three Rivers Casino Resort in Florence, a very well-regarded casino on a beautiful property with a well-respected management team. Along with the many other attractions offered at Three Rivers, both local and visiting patrons will now be able to enjoy a fun and entertaining Jackpot Blitz™ ETG poker experience."
Mr. Kalpakian continues "While this is the largest one-time order from a land-based casino we have received to date, we believe this type of order is indicative of even bigger things to come based on our sales pipeline and negotiations with other casinos and card rooms throughout the USA and elsewhere. Oregon represents yet another new territory as we continue our expansion into land-based casinos."
Three Rivers Casino's Director of Gaming, Rick Ray, comments "Offering a large variety of gaming products, including Poker in a dedicated poker room, is what make Three Rivers Casino Resort a resort, not just a casino. The addition of Jackpot Blitz, with its creative design and user-friendly interface will allow us to take our poker product to the next level. I've introduced many of our current poker players to Jackpot Blitz and they are very excited that we're bringing it to our floor."
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, subject to obtaining the customary regulatory approvals, 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", "expect", "propose", "anticipate", "intend", "plan", "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. Furthermore, there are no assurances whatsoever that the applicable regulatory approvals will be obtained by Jackpot. 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.
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FAQ
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