Jackpot Digital Signs Minnesota's Grande Casino Mille Lacs
Jackpot Digital Inc. has signed a letter of intent to install two Jackpot Blitz® electronic table games at Grand Casino Mille Lacs in Minnesota, expanding its market presence. This installation meets growing demand as casinos face labor shortages and inflationary wage pressures, making the company’s dealerless technology more appealing. The next-generation Jackpot Blitz® allows for improved cash operations and seamless backend integration. The company is strategically positioned to capitalize on automation trends in the gaming industry, aiming to boost revenues while reducing costs.
- Expansion into Minnesota enhances Jackpot’s market footprint.
- Increased demand for dealerless technology due to labor shortages.
- Next-generation Jackpot Blitz® features improved cash handling and integration.
- Positioned to benefit from the trend toward automation in casinos.
- None.
VANCOUVER, BC / ACCESSWIRE / January 31, 2023 / 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 it has signed a letter of intent to install two (2) Jackpot Blitz® ETGs at Grand Casino Mille Lacs, located in Onamia, Minnesota, USA, adding yet another new jurisdiction to the Company's growing Jackpot Blitz® footprint.
To view a short video of the new Jackpot Blitz®, click the thumbnail below.
Grand Casino Mille Lacs is a destination resort casino in Minnesota, which boasts a hotel, 16,400 square feet of gaming floor space, with 1,800 slots, 18 blackjack tables, a poker room and bingo facility.
Jackpot President & CEO, Mr. Jake Kalpakian states, "We are excited to be working with Grand Casino Mille Lacs, a well-known casino in the State of Minnesota. Players and casinos alike are excited by our product as it allows for more action and higher profitability."
Mr. Kalpakian continues "Casinos all over the world are experiencing labor shortages and inflationary wage pressures, making our product more attractive than ever before. As a company we are uniquely positioned to take advantage of the macro trend toward automation in the casino industry. Through the innovative dealerless Jackpot Blitz® technology, casinos are quickly recognizing the benefits of more revenues by dealing more hands per hour while at the same time drastically reducing costs and eliminating operational/employee requirements all at once. Demand for Jackpot Blitz® has strengthened since introduction of our next generation Jackpot Blitz®, which allows for cash in / out and easier integration with each casino's back-end system."
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 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 source version on accesswire.com:
https://www.accesswire.com/737351/Jackpot-Digital-Signs-Minnesotas-Grande-Casino-Mille-Lacs
FAQ
What recent development did Jackpot Digital Inc. announce regarding Grand Casino Mille Lacs?
How does Jackpot Digital's new installation benefit casinos?
What features does the next-generation Jackpot Blitz® offer?
What stock symbol represents Jackpot Digital Inc.?
