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Jackpot Digital Signs PENN Entertainment's Boomtown Casino New Orleans

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Jackpot Digital has signed a Letter of Intent to install two Jackpot Blitz® dealerless poker machines at Boomtown Casino & Hotel New Orleans. This marks the third PENN Entertainment property in Louisiana to partner with Jackpot Digital, pending regulatory and licensing approvals. Each installation will generate monthly recurring revenue for the company.

The company reports significant demand for Jackpot Blitz® across the United States and globally, with installations or orders spanning multiple jurisdictions including cruise ships (Carnival, Princess, Holland America, AIDA, Costa) and land-based locations in Canada, U.S. states (California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Washington), Saskatchewan, U.S. Virgin Islands, and international markets.

Jackpot Digital ha firmato una Lettera di Intenti per installare due Jackpot Blitz® macchine da poker senza dealer presso Boomtown Casino & Hotel New Orleans. Questo segna la terza proprietà di PENN Entertainment in Louisiana a collaborare con Jackpot Digital, in attesa delle approvazioni normative e di licenza. Ogni installazione genererà un reddito ricorrente mensile per l'azienda.

L'azienda riporta una domanda significativa per Jackpot Blitz® negli Stati Uniti e a livello globale, con installazioni o ordini che coprono più giurisdizioni, inclusi navi da crociera (Carnival, Princess, Holland America, AIDA, Costa) e sedi terrestri in Canada, stati americani (California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Washington), Saskatchewan, Isole Vergini americane e mercati internazionali.

Jackpot Digital ha firmado una Carta de Intención para instalar dos máquinas de póker sin crupier Jackpot Blitz® en Boomtown Casino & Hotel New Orleans. Esto marca la tercera propiedad de PENN Entertainment en Louisiana en asociarse con Jackpot Digital, pendiente de aprobaciones regulatorias y de licencias. Cada instalación generará ingresos recurrentes mensuales para la empresa.

La compañía informa de una demanda significativa de Jackpot Blitz® en los Estados Unidos y a nivel global, con instalaciones o pedidos que abarcan múltiples jurisdicciones, incluyendo cruceros (Carnival, Princess, Holland America, AIDA, Costa) y ubicaciones terrestres en Canadá, estados de EE. UU. (California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregón, Washington), Saskatchewan, Islas Vírgenes de EE. UU. y mercados internacionales.

Jackpot DigitalBoomtown Casino & Hotel New OrleansJackpot Blitz® 딜러리스 포커 머신 두 대 설치를 위한 의향서를 체결했습니다. 이는 료시나의 PENN Entertainment 소유지 중 Jackpot Digital과 파트너십을 체결한 세 번째 사례로, 규제 및 면허 승인을 기다리고 있습니다. 각 설치는 회사에 월간 반복 수익을 창출할 것입니다.

회사는 전 세계와 미국 내에서 Jackpot Blitz®에 대한 상당한 수요가 있으며, 설치나 주문은 다양한 관할권에 걸쳐 있으며, 크루즈선(카니발, 프린세스, 홀랜드 아메리카, AIDA, 코스타)과 캐나다, 미국 주(캘리포니아, 루이지애나, 미시간, 미네소타, 미시시피, 몬태나, 오리건, 워싱턴), 사스카추완, 미국령 버진 아일랜드, 그리고 국제 시장에 걸쳐 있습니다.

Jackpot Digital a signé une lettre d'intention pour installer deux machines de poker sans croupier Jackpot Blitz® au Boomtown Casino & Hotel New Orleans. Cela marque la troisième propriété de PENN Entertainment en Louisiane à s'associer avec Jackpot Digital, sous réserve des approbations réglementaires et de licences. Chaque installation générera des revenus récurrents mensuels pour l'entreprise.

L'entreprise rapporte une demande significative pour Jackpot Blitz® aux États-Unis et à l'international, avec des installations ou des commandes s'étendant sur plusieurs juridictions, y compris des navires de croisière (Carnival, Princess, Holland America, AIDA, Costa) et des sites terrestres au Canada, dans des États américains (Californie, Louisiane, Michigan, Minnesota, Mississippi, Montana, Oregon, Washington), à Saskatchewan, dans les îles Vierges américaines et sur des marchés internationaux.

Jackpot Digital hat ein Absichtsschreiben unterzeichnet, um zwei Jackpot Blitz® dealerlose Pokerautomaten im Boomtown Casino & Hotel New Orleans zu installieren. Dies markiert die dritte PENN Entertainment-Einrichtung in Louisiana, die eine Partnerschaft mit Jackpot Digital eingeht, vorbehaltlich der regulatorischen und lizenzrechtlichen Genehmigungen. Jede Installation wird monatliche wiederkehrende Einnahmen für das Unternehmen generieren.

Das Unternehmen berichtet von einer erheblichen Nachfrage nach Jackpot Blitz® in den USA und weltweit, mit Installationen oder Bestellungen, die sich über mehrere Jurisdiktionen erstrecken, einschließlich Kreuzfahrtschiffen (Carnival, Princess, Holland America, AIDA, Costa) und stationären Standorten in Kanada, US-Bundesstaaten (Kalifornien, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Washington), Saskatchewan, Amerikanischen Jungferninseln und internationalen Märkten.

Positive
  • New installation agreement with Boomtown Casino New Orleans for two Jackpot Blitz® tables
  • Secured partnerships with three PENN Entertainment properties in Louisiana
  • Each installation generates monthly recurring revenue
  • Strong presence across multiple cruise lines and land-based locations
Negative
  • Installation pending regulatory and licensing approvals

Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the "Company"), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has signed a Letter of Intent to install two (2) of the Company's Jackpot Blitz® dealerless poker machines at Boomtown Casino & Hotel New Orleans ("Boomtown Casino"), located in the historic French Quarter in New Orleans, Louisiana. The installation is subject to Jackpot obtaining the customary regulatory and licensing approvals.

Each new table installed represents additional monthly recurring revenue to the Company.

Jackpot President and CEO, Mr. Jake Kalpakian, states, "We are very excited to announce this new partnership with Boomtown Casino. Jackpot has signed Letters of Intent with three (3) PENN Entertainment properties in Louisiana, and a strong pipeline of several additional casinos in the U.S. We continue to experience significant demand for Jackpot Blitz® across the United States, and worldwide. We anticipate our momentum will continue to build through 2024 and beyond, as we acquire more licenses and new properties to our installation base."

To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:



Cannot view this video? Visit:
https://www.youtube.com/watch?v=Ok313WD5NpI

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 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.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital Inc. 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233299

FAQ

How many Jackpot Blitz® tables will be installed at Boomtown Casino New Orleans under JPOTF's new agreement?

Two Jackpot Blitz® dealerless poker machines will be installed at Boomtown Casino New Orleans.

How many PENN Entertainment properties in Louisiana has JPOTF partnered with as of December 2023?

Jackpot Digital has signed Letters of Intent with three PENN Entertainment properties in Louisiana.

What type of revenue will JPOTF generate from the Boomtown Casino installation?

Each table installation will generate monthly recurring revenue for Jackpot Digital.

Which cruise lines currently feature JPOTF's Jackpot Blitz® tables?

Jackpot Blitz® tables are featured on Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises.

What conditions must be met before JPOTF can install tables at Boomtown Casino?

The installation is subject to Jackpot obtaining the customary regulatory and licensing approvals.

JACKPOT DIGITAL INC NEW

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