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Jackpot Digital Receives License and Prepares To Install Two Jackpot Blitz(R) ETGs at Minnesota's Grand Casino Mille Lacs

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Jackpot Digital Inc. has received licensing approval from the Mille Lacs Band of Ojibwe Gaming Regulatory Authority to install its casino machines at Grand Casino Mille Lacs in Minnesota. The company will be installing two next-generation dealerless Jackpot Blitz ETGs, which will generate additional monthly recurring revenue. Jackpot has also announced land-based installations or orders in 12 states and territories in the U.S. and several international jurisdictions.
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VANCOUVER, BC / ACCESSWIRE / January 18, 2024 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(FRA:LVH3) is pleased to announce it has received licensing approval from Mille Lacs Band of Ojibwe Garming Regulatory Authority, the regulator for Grand Casino Mille Lacs located in Onamia, Minnesota. The vendor license was the final step required for the Company to install its casino machines at Grand Casino Mille Lacs. The Company is now scheduling installation of two (2) of its next generation, dealerless Jackpot Blitz® ETGs at the property.

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

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 12 states and territories in the U.S. and growing, including California, Kansas, Louisiana, Michigan, Minnesota, Mississippi, Montana, Nevada, Oregon, South Dakota, U.S. Virgin Islands, Washington, as well as several international jurisdictions.

To view a short video of Jackpot Digital's Brand Ambassador, Pro Football Hall of Fame and Superbowl winning coach, Jimmy Johnson, describing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital 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.



View the original press release on accesswire.com

FAQ

What is the latest licensing approval received by Jackpot Digital Inc.?

Jackpot Digital Inc. has received licensing approval from the Mille Lacs Band of Ojibwe Gaming Regulatory Authority.

Where will Jackpot Digital Inc. be installing its casino machines?

Jackpot Digital Inc. will be installing its casino machines at Grand Casino Mille Lacs in Minnesota.

How many next-generation dealerless Jackpot Blitz ETGs will be installed at the property?

Two next-generation dealerless Jackpot Blitz ETGs will be installed at the property.

Which companies are Jackpot Digital Inc.'s cruise ship customers?

Jackpot Digital Inc.'s cruise ship customers include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA, and Costa Cruises.

In how many states and territories in the U.S. has Jackpot Digital Inc. announced land-based installations or orders?

Jackpot Digital Inc. has announced land-based installations or orders in 12 states and territories in the U.S.

Who is Jackpot Digital Inc.'s Brand Ambassador?

Pro Football Hall of Fame and Superbowl winning coach, Jimmy Johnson, is Jackpot Digital Inc.'s Brand Ambassador.

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