- Jackpot Digital (JJ) has signed a letter of intent (LOI) with the Grand Casino Mille Lacs in Onamia, Minnesota
- The LOI covers the installation of two Jackpot Blitz electronic table games
- President and CEO Jake Kalpakian views the company’s dealerless technology as a means to combat inflation and labour shortages
- Jackpot Digital is an electronic table games manufacturer for the cruise ship industry and regulated casino industry
- Jackpot Digital (JJ) is unchanged, trading at $0.075 per share
Jackpot Digital (JJ) has signed an LOI with the Grand Casino Mille Lacs in Onamia, Minnesota.
The LOI covers the installation of two Jackpot Blitz electronic table games.
Grand Casino Mille Lacs is a destination resort casino that offers 16,400 sq. feet of gaming floor space with 1,800 slots, 18 blackjack tables, a poker room and a bingo facility.
“We are excited to be working with Grand Casino Mille Lacs, a well-known casino in the state of Minnesota,” stated Jake Kalpakian, Jackpot Digital’s President and CEO. “Players and casinos alike are excited by our product as it allows for more action and higher profitability. 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,” he added. “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.”
Jackpot Digital is an electronic table games manufacturer for the cruise ship industry and regulated casino industry.
Jackpot Digital (JJ) is unchanged, trading at $0.075 per share as of 12:39 pm EST.
