N/R: Jackpot Digital signs LOI for Jackpot Blitz orderhttps://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aJP-2518094&symbol=JP®ion=C
Jackpot Digital signs LOI for Jackpot Blitz order
2017-10-19 14:36 ET - News Release
Mr. Jake Kalpakian reports
JACKPOT SIGNS LOI WITH LATIN AMERICAN CASINO GROUP FOR JACKPOT BLITZ ORDER
Jackpot Digital Inc. has signed a letter of intent with a Latin American casino group formalizing the first order for the company's Jackpot Blitz electronic table game (ETG) platform from a new customer. This LOI was negotiated during the Company's exhibition at the 2017 Global Gaming Expo ("G2E") which took place during October 3 to 5 in Las Vegas, Nevada.
Jackpot Blitz(TM) is the Company's proprietary next generation gaming platform, offering an incomparable player experience to go with unrivalled operator efficiency, flexibility, and profitability. Jackpot Blitz(TM) represents a significant leap from Jackpot's industry-leading PokerPro ETG system, which is currently in operation with cruise lines, poker rooms, and casinos. Jackpot Blitz(TM) is expected to increase ETG revenues for Jackpot and its clients.
Mr. Jake Kalpakian, Jackpot President and CEO, states "We are excited to sign this LOI and believe it will be the first of many Jackpot Blitz(TM) orders. Our exhibit at G2E generated a substantial amount of interest in Jackpot Blitz(TM), and we expect to be announcing multiple deals in the immediate future for Jackpot Blitz(TM) orders with a broad and diverse group of well-known casino operators in North America and abroad including some of the most respected premier global casino brands."