Business
Jackpot Digital Signs With the First Two Penn Entertainment Properties
VANCOUVER, BC / ACCESSWIRE / March 1, 2023 / Jackpot Digital Inc. (the "Company" or "Jackpot") (...
About this update from Jackpot Digital Inc.
[{"type":"text","content":"Jackpot Digital Signs With the First Two Penn Entertainment PropertiesVANCOUVER, BC / ACCESSWIRE / March 1, 2023 / Jackpot Digital Inc. (the \"Company\" or \"Jackpot\") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt Exchange:LVH3) is pleased to announce it has signed two letters of intent to install Jackpot Blitz® at Penn Entertainment's (\"Penn\") L'Auberge Casino Resort, located in Lake Charles, Louisiana, USA, and L'Auberge Casino & Hotel, located in Baton Rouge, Louisiana, USA, adding yet another new jurisdiction to the Company's growing Jackpot Blitz® footprint, and the first individual Penn properties to sign with Jackpot. The installations are subject to all customary licensing and regulatory approvals.Discussions are currently in progress for the installation of Jackpot Blitz® at additional Penn properties.In addition to its cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot presently has land-based installations or orders in eight states and territories in the U.S., including 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 L'Auberge Casino Resort Lake Charles and L'Auberge Casino & Hotel Baton Rouge, both well-known casinos in the State of Louisiana, and the first two Penn Entertainment properties 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 drasticall...