Business
Jackpot Digital Signs Four Table Agreement with Penn Entertainment's Cactus Pete's Nevada
VANCOUVER, BC / ACCESSWIRE / March 8, 2023 / Jackpot Digital Inc. (the "Company" or "Jackpot") (...
About this update from Jackpot Digital Inc.
[{"type":"text","content":"Jackpot Digital Signs Four Table Agreement with Penn Entertainment's Cactus Pete's NevadaVANCOUVER, BC / ACCESSWIRE / March 8, 2023 / Jackpot Digital Inc. (the \"Company\" or \"Jackpot\") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt:LVH3) is pleased to announce it has signed an agreement to install four Jackpot Blitz® ETGs at Penn Entertainment's (\"Penn\") Cactus Pete's Resort Casino, located in Jackpot, Nevada, USA, adding to the Company's growing roster of Penn properties that have signed with Jackpot.In addition to its cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot now has land-based installations or orders in nine states and territories in the U.S., including Nevada, California, Kansas, Louisiana, Minnesota, Montana, Oregon, South Dakota, US Virgin Islands, and several international jurisdictions. Each new table installed represents added monthly recurring revenue to the Company.To view a short video of the new Jackpot Blitz®, click the thumbnail below. Jackpot President & CEO Mr. Jake Kalpakian states, \"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.\"Mr. Kalpakian continues \"Casinos all over the world are experiencing labor 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. 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.\"About Jackpot Digital Inc. Jackpot Digital Inc. is a leading electronic table games manufacturer for the cruise ship indu...