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Jackpot Digital (TSXV:JJ) signs agreement with Penn Entertainment’s Cactus Pete’s Nevada

Market News, Technology
TSXV:JJ
08 March 2023 11:15 (EDT)
Jackpot Digital

Source: Jackpot Digital Inc.

Jackpot Digital (JJ) has signed an agreement to install four Jackpot Blitz ETGs at Penn Entertainment’s Cactus Pete’s Resort Casino in Nevada.

This adds to the growing roster of Penn properties that have signed with Jackpot.

Jackpot now has land-based installations or orders in nine states and territories in the U.S. This is in addition to its cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA, and Costa Cruises. Each new table installed represents added monthly recurring revenue to the company.

Jake Kalpakian, President & CEO of Jackpot, commented on the news.

“We are excited to be working with Cactus Pete’s Resort Casino, a destination resort casino, and our latest Penn Entertainment 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.”

“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.”

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. These are complemented by a robust suite of backend tools for operators to efficiently control and optimize their gaming business.

Jackpot Digital Inc. (JJ) is up 8.33 per cent, trading at C$0.065 per share at 10:47 am ET.


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