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Jackpot Digital Inc. V.JJ

Alternate Symbol(s):  JPOTF | V.JJ.WT.C

Jackpot Digital Inc is an electronic table game manufacturer for the cruise ship and land-based casino industry. The company’s main business is the leasing of dealerless, digital casino gaming tables to commercial casinos and cruise ships worldwide. The company also provides maintenance, installation and support services related to those products, as well as the sale of perpetual software licenses, software license and professional services.


TSXV:JJ - Post by User

Bullboard Posts
Post by urmoneyfasttalkon Apr 04, 2018 8:52am
78 Views
Post# 27826814

America LOI

America LOI
Jackpot Signs LOI with Ho-Chunk Gaming of Wisconsin for Jackpot Blitz™
04/04/2018 07:03 AM ET

Vancouver, British Columbia (FSCwire) - Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH1). Jackpot is pleased to announce that it has signed a Letter of Intent (“LOI”) with Ho-Chunk Gaming Wisconsin Dells (“Ho-Chunk”) of Baraboo, Wisconsin formalizing an order for ten (10) of the Company’s Jackpot Blitz™ Electronic Table Game (“ETG”) platforms. The table order is contingent on the Company receiving customary certification from Gaming Laboratories International (“GLI”) for the Jackpot Blitz™ ETG.

 

In the meantime, until the Company receives customary certification from GLI for the Jackpot Blitz™ ETG, Ho-Chunk will be installing ten (10) of the Company’s PokerPro ETG platforms to automate their poker facility.

 

Jackpot Blitz™ 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™ 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™ is expected to enhance financial and operational security for casino operators and to increase ETG revenues for Jackpot and its clients.

 

Mr. Casey Fitzpatrick, Executive GM of Ho-Chunk Gaming Wisconsin-Dells, states “We looked at a few poker systems that replicate online and actual live poker. The benefits of electronic poker are less mistakes and increased play of hands. This means higher revenue without the added labor costs. The other factor was the ease of Tournament play. It is less labor intensive and the customer experience is made easier than ever for adding stacks and re-buys. We have previously enjoyed success with the PokerPro product and are excited for the arrival of the new Jackpot Blitz tables!”

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