Jackpot Digital Signs Four Table Contract
Jackpot Digital Inc. (OTCQB: JPOTF) has signed a licensing agreement with Piggs Peak Hotel & Casino in Eswatini to install four Jackpot Blitz™ Electronic Table Games (ETGs). This agreement is contingent on regulatory approvals. CEO Jake Kalpakian expressed excitement about this first African partnership, highlighting strong demand for Jackpot Blitz™ technology. Piggs Peak's Managing Director, Willie Delport, shared enthusiasm for reintroducing poker culture at the casino. Jackpot Digital is known for its multiplayer gaming products and backend tools for operators.
- Signing of a licensing agreement for four ETGs indicates business expansion.
- First agreement on the African continent, potentially opening new market opportunities.
- Strong demand for Jackpot Blitz™ technology suggests positive market reception.
- Agreement is subject to regulatory approvals, which may delay implementation.
VANCOUVER, BC / ACCESSWIRE / August 2, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt Exchange:LVH3) is pleased to announce that it has signed a licensing agreement with Piggs Peak Hotel & Casino ("Piggs Peak"), located in Eswatini (formerly Swaziland), Africa, to install four (4) Jackpot BlitzTM Electronic Table Games ("ETGs"). The licensing agreement is subject to obtaining the customary regulatory approvals.
President & CEO Mr. Jake Kalpakian states, "We are excited to be working with Piggs Peak Hotel & Casino, our first official agreement signed on the African Continent. Demand for Jackpot Blitz TM is strong and growing across all markets, and we are confident that this one-of-a-kind technology will establish a large footprint worldwide."
Mr. Willie Delport, Managing Director at Piggs Peak, comments, "Piggs Peak Casino is excited to introduce Jackpot Blitz™ to our guests, as we strive to bring back the poker culture as per our rich history of tournament poker action. We have historically run large tournaments at Pigg's Peak and are thrilled to bring poker action back in our casino that's always live. Keep your eyes on our social channels and the press for when this will be live."
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.
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FAQ
What is the significance of Jackpot Digital's recent licensing agreement with Piggs Peak Hotel & Casino?
How many Jackpot Blitz™ Electronic Table Games will be installed at Piggs Peak?
Is the licensing agreement with Piggs Peak already finalized?
What are the implications of strong demand for Jackpot Blitz™ technology?
Who is the CEO of Jackpot Digital Inc.?
