- Jackpot Digital (JJ) has received licensing approval from the Santa Ynez Tribal Gaming Agency
- The approval allows the company to install an initial four Jackpot Blitz electronic table games in the Chumash Casino Resort in Santa Ynez, California
- The company now has 86 tables installed or on order
- Jackpot Digital is an electronic table games manufacturer for the cruise ship industry and regulated casino industry
- Jackpot Digital (JJ) opened unchanged, trading at $0.075 per share
Jackpot Digital (JJ) has received licensing approval from the Santa Ynez Tribal Gaming Agency.
The approval allows the company to install an initial four Jackpot Blitz electronic table games in the Chumash Casino Resort in Santa Ynez, California.
The company has land-based installations or orders in seven U.S. states and territories, including California, Kansas, Minnesota, Montana, Oregon, South Dakota, the U.S. Virgin Islands, and several international jurisdictions. This includes 22 new table orders pending licensing and installation, bringing the total number of tables ordered or installed to 86.
Each new table installation fortifies Jackpot’s balance sheet through monthly recurring revenue.
“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,” stated Jake Kalpakian, Jackpot’s President and CEO.
“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,” he added.
Jackpot Digital is an electronic table games manufacturer for the cruise ship industry and regulated casino industry. Its customers include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA and Costa Cruises.
Jackpot Digital (JJ) opened unchanged, trading at $0.075 per share.
