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Jackpot Digital Receives License and Prepares To Install Two Jackpot Blitz(R) ETGs at Odawa Casino in Michigan

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Jackpot Digital Inc. receives licensing approval for casino machines at Odawa Casino in Michigan, expanding its market presence. The company plans to install two Jackpot Blitz ETGs, generating additional revenue. With a strong customer base in the cruise ship industry and growing land-based installations in the U.S. and international markets, Jackpot is poised for further growth.
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VANCOUVER, BC / ACCESSWIRE / March 21, 2024 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(US OTCQB:JPOTF)(Frankfurt Exchange:LVH3)), ), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has received licensing approval from Little Traverse Bay Bands of Odawa Indians Regulatory Department, the regulator for Odawa Casino located in Petoskey, Michigan. The vendor license was the final step required for the Company to install its casino machines at Odawa Casino. The Company is now scheduling installation of two (2) of its next generation, dealerless Jackpot Blitz® ETGs at the property.

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

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 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 Super Bowl 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 regulatory approval did Jackpot Digital Inc. receive?

Jackpot Digital Inc. received licensing approval from Little Traverse Bay Bands of Odawa Indians Regulatory Department for installing its casino machines at Odawa Casino in Petoskey, Michigan.

How many Jackpot Blitz ETGs does the company plan to install at Odawa Casino?

The company plans to install two of its next-generation, dealerless Jackpot Blitz ETGs at Odawa Casino.

Which well-known cruise ship customers does Jackpot Digital Inc. have?

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

In how many states and territories in the U.S. does Jackpot have land-based installations or orders?

Jackpot has land-based installations or orders in 12 states and territories in the U.S., including California, Kansas, Louisiana, Michigan, Minnesota, Mississippi, Montana, Nevada, Oregon, South Dakota, U.S. Virgin Islands, and Washington.

Who is Jackpot Digital's Brand Ambassador?

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

Jackpot Digital Inc.

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About JPOTF

founded in 1999, jackpot digital inc. (formerly las vegas from home.com entertainment inc.) is a canadian publicly listed company trading on the tsx venture exchange (tsx.v: jp) and the us otc pink (jpotf). jackpot digital inc. is a leading electronic table games manufacturer and mobile gaming provider for the cruise ship industry and regulated casino industry. the company specializes in multiplayer gaming products, including poker and casino games, which are complimented by a robust suite of back end tools for operators to efficiently control and optimize their gaming business.