Jackpot Digital Signs Two-Table Deal With Isleta Resort & Casino in New Mexico
Jackpot Digital has signed a deal to install two Jackpot Blitz® dealerless poker tables at Isleta Resort & Casino in Albuquerque, New Mexico. This agreement follows the successful acquisition of necessary licensing from the Pueblo of Isleta Gaming Regulatory Agency. The new installations will add to Jackpot Digital's existing field of over 70 tables, with an order book now exceeding 90 additional tables, marking a 123% increase. Isleta Resort & Casino, one of the largest in New Mexico, anticipates these tables will enhance their gaming offerings and attract new audiences. The company is also expanding its presence in tribal and commercial casinos across North America and internationally.
- Signed agreement for installation of two Jackpot Blitz® dealerless poker tables at Isleta Resort & Casino.
- Obtained required licensing from Pueblo of Isleta Gaming Regulatory Agency.
- Over 70 Jackpot Blitz® tables already in the field.
- Order book of more than 90 additional tables, representing a 123% increase.
- Expansion into major tribal and commercial casinos in North America and international jurisdictions.
- Monthly recurring revenue from each newly installed table.
- Positive feedback from Isleta Resort & Casino's Chief Operating Officer Adrianna Jiron.
- No specific financial figures provided regarding the new agreement.
- Potential risks associated with expanding into new markets and relying on regulatory approvals.
VANCOUVER, BC / ACCESSWIRE / June 5, 2024 / Jackpot Digital Inc. (the "Company") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt Exchange:LVH3), 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 two (2) of the Company's Jackpot Blitz® dealerless poker machines at Isleta Resort & Casino, located in Albuquerque, New Mexico, USA.
Leading up to the signing of the Agreement, the Company successfully obtained the required licensing approvals from Pueblo of Isleta Gaming Regulatory Agency, the regulator for Isleta Resort & Casino. The Company is now scheduling installation of two (2) Jackpot Blitz® tables at the property.
Isleta Resort & Casino is one of the largest resort casinos in the State of New Mexico, with 100,000 square feet of gaming space. Isleta Resort is owned and operated by the Pueblo of Isleta Band of Indians.
More information about Isleta Resort & Casino can be found at: https://www.isleta.com/
Each new table installed represents additional monthly recurring revenue to the Company.
Adrianna Jiron, Chief Operating Officer of Isleta Resort & Casino stated "We are excited about our new partnership with Jackpot Digital. Their state-of-the art and innovative products create a unique, diverse, and revolutionary gaming environment for properties that host both traditional and electronic games."
"We are always looking into different ways in which to capture new gaming audiences, and we believe these amazing gaming products will encourage people to want to get into the sport of poker", Ms.Jiron continued.
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:
The Company currently has over 70 Jackpot Blitz® tables in the field. The Company's order book continues to grow and is currently more than 90 additional Jackpot Blitz® tables, an increase of approximately
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. and growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, 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.
SOURCE: Jackpot Digital Inc.
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FAQ
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