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Jackpot Digital (TSXV:JJ) signs five-table deal with Dominican Republic casino group

Technology
TSXV:JJ
22 September 2022 09:00 (EDT)

Source: Jackpot Digital Inc.

Jackpot Digital (JJ) has signed a licensing agreement with Norson Group S.R.L., headquartered in Santiago, Dominican Republic (DR).

Jackpot Digital will install five Jackpot Blitz Electronic Table Games (ETGs) at properties throughout the DR.

President and chief executive officer Jake Kalpakian commented on the positive news.

 “We are excited to work with Norson Group S.R.L., a well-known sports book operator with properties throughout the Dominican Republic. Poker has always worked well in tandem with sportsbooks, and we see the opportunity to grow with Norson across the DR, starting with an initial order of five Jackpot Blitz™ ETGs.”

Mr. Kalpakian continues,

“Casinos all over the world are experiencing inflationary salary pressures, combined with a significant shortage of dealer/casino employees, making our product more attractive than ever before. The Dominican Republic is no exception, and as a company, we are uniquely positioned to take advantage of the macro trend toward automation in the casino industry. Through the innovative dealer less 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.”

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, complemented by a suite of tools for operators to control and optimize their gaming business.

Jackpot Digital Inc. (JJ) opened trading at C$0.0425.


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