Jackpot Digital Signs to Install Jackpot Blitz at Treasure Island Resort & Casino in Minnesota
Rhea-AI Summary
Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) has signed an agreement to install one Jackpot Blitz® dealerless poker machine at Treasure Island Resort & Casino in Welch, Minnesota. The company obtained necessary licensing approvals from the Prairie Island Gaming Commission and is now scheduling the installation. CEO Jake Kalpakian expressed excitement about adding another Minnesota partner to their growing customer base of land-based casinos.
Jackpot Digital has been expanding its presence in both cruise ship and land-based casino markets. Their cruise ship customers include major lines like Carnival, Princess, Holland America, AIDA, and Costa. The company has also announced installations or orders in various U.S. states, Canadian provinces, and international jurisdictions, indicating significant growth in their market reach.
Positive
- Signed agreement to install Jackpot Blitz® at Treasure Island Resort & Casino in Minnesota
- Obtained licensing approvals from Prairie Island Gaming Commission
- Expanding customer base in land-based casino market
- Presence in multiple cruise ship lines and various U.S. states
Negative
- None.
News Market Reaction – JPOTF
In the trading session that priced this news, JPOTF gained 2.40%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.B) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (FSE: LVH3) (the "Company"), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has signed a software and license agreement (the "Agreement") to install one (1) of the Company's Jackpot Blitz® dealerless poker machines at Treasure Island Resort & Casino ("Treasure Island"), located in Welch, Minnesota, USA.
Leading up to the signing of the Agreement, the Company successfully obtained the required licensing approvals from the Prairie Island Gaming Commission, the regulator for Treasure Island. The Company is now scheduling installation at the property
To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and two-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
Jackpot CEO, Mr. Jake Kalpakian, states, "We are excited to add another Minnesota partner to our growing customer base of land-based casinos. Treasure Island is a beautiful mid-sized resort property located near Minneapolis. We expect our momentum will continue to build through 2024 and beyond as we add new licenses and properties to our installation base."
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 Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and 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.
Jackpot Digital Inc.
Suite 575 – 510 Burrard Street
Vancouver, BC V6C 3A8
Tel: (604) 681-0204 Fax: (604) 681-9428
www.jackpotdigital.com email: info@jackpotdigital.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/222075