18:00:29 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Jackpot Digital Inc (3)
Symbol JJ
Shares Issued 131,959,302
Close 2023-05-31 C$ 0.075
Market Cap C$ 9,896,948
Recent Sedar Documents

Jackpot to install four games at Coyote Valley

2023-06-01 07:30 ET - News Release

Mr. Jake Kalpakian reports

JACKPOT DIGITAL SIGNS AGREEMENT TO INSTALL FOUR JACKPOT BLITZ TABLES AT COYOTE VALLEY CASINO IN CALIFORNIA

Jackpot Digital Inc. has signed a licensing agreement to install four Jackpot Blitz electronic table games at Coyote Valley Casino, a tribal casino property located in Redwood Valley, Calif. The installation is subject to Jackpot obtaining the customary regulatory and licensing approvals.

In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA and Costa Cruises, Jackpot has announced land-based installations or orders in 10 states and territories in the United States and growing, including Washington, Nevada, California, Kansas, Louisiana, Minnesota, Montana, Oregon, South Dakota, U.S. Virgin Islands, as well as several international jurisdictions.

Each new table installed represents added monthly recurring revenue to the company.

Jackpot president and chief executive officer Jake Kalpakian states: "We are excited to be working with Coyote Valley Casino, our latest property to order Jackpot Blitz. Players and casinos alike are excited by our product as it offers more game options and faster, error-free gameplay, all while improving casino operational efficiencies."

Mr. Kalpakian continues: "Casinos all over the world are experiencing labour 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 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 back-end tools for operators to efficiently control and optimize their gaming business.

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