Jackpot Digital To Exhibit Dealerless Poker Tables at G2E in Las Vegas
Rhea-AI Summary
Jackpot Digital Inc. (TSXV:JJ, US OTCQB:JPOTF) will showcase its next-generation Jackpot Blitz® electronic multiplayer dealerless poker table (ETG) at the 2024 Global Gaming Expo in Las Vegas from October 8-10. The company invites customers, investors, and the public to experience Jackpot Blitz® at Booth 2623, The Venetian Expo.
CEO Jake Kalpakian reports strong demand for Jackpot Blitz®, citing its ability to solve problems like cost control and automation of large-scale poker rooms with minimal staff. The next-generation Jackpot Blitz® features cash in/out capabilities and easier integration with casino back-end systems.
Jackpot has secured installations or orders from various cruise lines and land-based casinos across North America and international jurisdictions, positioning itself as a unique solution in the trend towards casino automation.
Positive
- Strong demand reported for Jackpot Blitz® ETGs
- Next-generation Jackpot Blitz® offers cash in/out and improved casino system integration
- Expanding customer base including major cruise lines and land-based casinos
- Unique position in the market for poker-first automated tables
Negative
- None.
News Market Reaction – JPOTF
In the trading session that priced this news, JPOTF declined 11.93%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
VANCOUVER, BC / ACCESSWIRE / October 4, 2024 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.C)(US OTCQB:JPOTF)(Frankfurt Exchange:LVH3), a leading manufacturer of electronic multiplayer dealerless poker tables ("ETGs"), is pleased to announce that it will showcase its next generation Jackpot Blitz® ETG at North America's largest gaming expo, the 2024 Global Gaming Expo next week in Las Vegas, Nevada, USA.
Customers, investors, and all members of the public are invited to come and play Jackpot Blitz®.
When: October 8 - 10
Venue: Booth 2623, The Venetian Expo
201 Sands Avenue, Las Vegas, Nevada
Registration: https://www.globalgamingexpo.com/en-us.html#/
To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:
Jackpot CEO, Jake Kalpakian, states "We continue to experience strong demand for Jackpot Blitz®. Our customers tell us Jackpot Blitz® is more attractive than ever because of the many problems it solves, including cost control and the ability to fully automate the tournament functionality of a large-scale poker room with minimal staff requirements. We are not aware of any other poker-first machines like Jackpot Blitz® in the marketplace, so 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."
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., including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Saskatchewan, U.S. Virgin Islands, Washington, as well as several international jurisdictions.
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.
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