STOCK TITAN

Jackpot Digital Signs Two-Table Deal with Seneca Gaming & Entertainment in New York

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags

Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) has signed an agreement to install two Jackpot Blitz® dealerless poker machines at Seneca Gaming & Entertainment in Salamanca, New York. This expansion is subject to regulatory and licensing approvals. The company's CEO, Jake Kalpakian, expressed excitement about partnering with Seneca Gaming & Entertainment, highlighting the potential for accelerated order flow and table installations throughout 2024 and beyond.

Jackpot Digital's customer base includes major cruise lines and land-based casinos across various U.S. states and international jurisdictions. The company's success in new markets is attributed to making operations easier and more profitable for their customers.

Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) ha firmato un accordo per installare due Jackpot Blitz® macchine da poker senza dealer presso il Seneca Gaming & Entertainment a Salamanca, New York. Questa espansione è soggetta all'approvazione da parte delle autorità di regolamentazione e delle licenze. Il CEO dell'azienda, Jake Kalpakian, ha espresso entusiasmo riguardo alla collaborazione con Seneca Gaming & Entertainment, sottolineando il potenziale per un'accelerazione degli ordini e delle installazioni di tavoli nel 2024 e oltre.

La clientela di Jackpot Digital include grandi compagnie di crociera e casinò terrestri in diversi stati degli Stati Uniti e giurisdizioni internazionali. Il successo dell'azienda nei nuovi mercati è attribuito alla semplificazione delle operazioni e all'aumento della redditività per i loro clienti.

Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) ha firmado un acuerdo para instalar dos Jackpot Blitz® máquinas de póker sin crupier en Seneca Gaming & Entertainment en Salamanca, Nueva York. Esta expansión está sujeta a la aprobación regulatoria y de licencias. El CEO de la compañía, Jake Kalpakian, expresó su entusiasmo por asociarse con Seneca Gaming & Entertainment, destacando el potencial de un flujo de pedidos acelerado e instalaciones de mesas a lo largo de 2024 y más allá.

La base de clientes de Jackpot Digital incluye grandes líneas de cruceros y casinos terrestres en varios estados de EE. UU. y jurisdicciones internacionales. El éxito de la empresa en nuevos mercados se atribuye a facilitar las operaciones y hacerlas más rentables para sus clientes.

잭팟 디지털 주식회사 (TSXV: JJ) (OTCQB: JPOTF)는 뉴욕 살라망카에 있는 세네카 게임 및 엔터테인먼트에 두 대의 잭팟 블리츠® 딜러리스 포커 머신을 설치하기 위한 계약을 체결했습니다. 이번 확장은 규제 및 라이센스 승인을 받아야 합니다. 회사의 CEO인 제이크 칼파키안은 세네카 게임 및 엔터테인먼트와의 파트너십에 대한 기대감을 표명하며, 2024년 이후로 주문 흐름과 테이블 설치가 가속화될 수 있는 가능성을 강조했습니다.

잭팟 디지털의 고객 기반은 다양한 미국 주와 국제 관할구역에 걸쳐 주요 크루즈 라인과 육상 카지노를 포함하고 있습니다. 새로운 시장에서의 회사의 성공은 고객의 운영을 더 쉽고 더 수익성 있게 만드는 데 기인합니다.

Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) a signé un accord pour installer deux Jackpot Blitz® machines de poker sans croupier chez Seneca Gaming & Entertainment à Salamanca, New York. Cette expansion est soumise à des approbations réglementaires et de licences. Le PDG de l'entreprise, Jake Kalpakian, a exprimé son enthousiasme à l'idée de s'associer avec Seneca Gaming & Entertainment, soulignant le potentiel d'un flux de commandes accéléré et d'installations de tables tout au long de 2024 et au-delà.

La clientèle de Jackpot Digital comprend de grandes compagnies de croisières et des casinos terrestres dans divers États américains et juridictions internationales. Le succès de l'entreprise sur de nouveaux marchés est attribué à la facilitation des opérations et à l'amélioration de la rentabilité pour ses clients.

Jackpot Digital Inc. (TSXV: JJ) (OTCQB: JPOTF) hat eine Vereinbarung unterzeichnet, um zwei Jackpot Blitz® dealerlose Pokermaschinen bei Seneca Gaming & Entertainment in Salamanca, New York, zu installieren. Diese Expansion unterliegt der Genehmigung durch die Regulierungsbehörden und Lizenzen. Der CEO des Unternehmens, Jake Kalpakian, äußerte seine Begeisterung über die Partnerschaft mit Seneca Gaming & Entertainment und hob das Potenzial für einen beschleunigten Auftragsfluss und Tischinstallationen im Jahr 2024 und darüber hinaus hervor.

Die Kundenbasis von Jackpot Digital umfasst große Kreuzfahrtgesellschaften und landgestützte Casinos in verschiedenen US-Staaten und internationalen Gerichtsbarkeiten. Der Erfolg des Unternehmens in neuen Märkten wird darauf zurückgeführt, dass die Abläufe für ihre Kunden einfacher und rentabler gemacht werden.

Positive
  • Signed agreement to install two Jackpot Blitz® machines at Seneca Gaming & Entertainment in New York
  • Expanding footprint in a new jurisdiction
  • CEO expects accelerated order flow and table installations in 2024 and beyond
  • Growing customer base in cruise ship and land-based casino markets
Negative
  • Installation subject to obtaining regulatory and licensing approvals

Vancouver, British Columbia--(Newsfile Corp. - August 8, 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 license and equipment lease agreement to install two (2) of the Company's Jackpot Blitz® dealerless poker machines at Seneca Gaming & Entertainment, located in Salamanca, New York, U.S.A., further expanding the Company's growing Jackpot Blitz® footprint. The installation is subject to Jackpot obtaining the customary regulatory and licensing approvals.

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

Jackpot CEO, Jake Kalpakian, states "We are excited to partner with Seneca Gaming & Entertainment, a respected operator of three (3) casino properties in the State of New York. Our success in adding casinos in new jurisdictions continues because we make life easier and more profitable for our customers. We expect the order flow and table installations to accelerate as we move throughout 2024 and beyond."

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219207

FAQ

What new deal has Jackpot Digital (JPOTF) announced on August 8, 2024?

Jackpot Digital announced a software license and equipment lease agreement to install two Jackpot Blitz® dealerless poker machines at Seneca Gaming & Entertainment in Salamanca, New York.

How many Jackpot Blitz® machines will be installed at Seneca Gaming & Entertainment?

The agreement is for the installation of two (2) Jackpot Blitz® dealerless poker machines.

What is the current market expansion status for Jackpot Digital (JPOTF)?

Jackpot Digital has announced installations or orders in multiple U.S. states, Canada, and international jurisdictions, including cruise ship customers and land-based casinos.

What condition must be met before Jackpot Digital (JPOTF) can install the machines at Seneca Gaming & Entertainment?

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

JACKPOT DIGITAL INC NEW

OTC:JPOTF

JPOTF Rankings

JPOTF Latest News

JPOTF Stock Data

6.96M
91.73M
19.71%
10.84%
Gambling
Consumer Cyclical
Link
United States of America
Vancouver