ACCESS Newswire
22 Sep 2022, 16:02 GMT+10
VANCOUVER, BC / ACCESSWIRE / September 22, 2022 / 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 that it has signed a licensing agreement with Norson Group S.R.L., headquartered in Santiago, Dominican Republic ('DR'), to install five (5) Jackpot Blitz® Electronic Table Games ('ETGs') at properties throughout the DR. The licensing agreement is subject to obtaining the customary regulatory approvals.
Norson Group S.R.L., a company incorporated in the Dominican Republic, operates 160 sports betting locations across the Dominican Republic.
President & CEO Mr. Jake Kalpakian states, 'We are excited to be working with Norson Group S.R.L., a well-known sports book operator with properties throughout the Dominican Republic. Poker has always worked well in tandem with sportsbooks and we see the opportunity to grow with Norson across the DR, starting with an initial order of five Jackpot Blitz™ ETGs.'
Mr. Kalpakian continues 'Casinos all over the world are experiencing inflationary salary pressures, combined with a significant shortage of dealer/casino employees, making our product more attractive than ever before. The Dominican Republic is no exception, and 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.'
Leonardo Lantigua, (President and CEO) of Norson Group S.R.L., a representative of Star Sports which is one of the largest sports betting franchises in the Dominican Republic, states, 'I am very glad to do business with Jackpot Digital, and also extremely confident that the Jackpot Blitz Electronic Table Games are going to be a resounding success here in the Dominican Republic.'
About Jackpot Digital Inc.
Jackpot Digital Inc. is a leading electronic table games manufacturer for the cruise ship industry and regulated casino industry. The Company specializes in multiplayer gaming products, including poker and casino games, which are complemented by a robust suite of backend tools for operators to efficiently control and optimize their gaming business.
For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at www.jackpotdigital.com.
On behalf of the Board of Jackpot Digital Inc.,
'Jake H. Kalpakian'______
Jake H. Kalpakian,
President & CEO
Trading in the securities of the Company should be considered speculative.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Certain statements contained herein are 'forward-looking'. Forward-looking statements may include, among others, statements regarding future plans, obtaining the customary regulatory approvals for new customers, projected financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as 'may', 'would', 'could', 'will', 'likely', 'enable', 'feel', 'seek', 'project', 'predict', 'potential', 'should', 'might', 'objective', 'believe', 'to be', 'expect', 'propose', 'anticipate', 'intend', 'plan', 'plans' 'estimate', and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.
SOURCE: Jackpot Digital Inc.
Get a daily dose of Vancouver Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Vancouver Star.
More InformationMANILA, Philippines - In a dramatic move, the International Criminal Court on Tuesday arrested the former president of the Philippines,...
BRUSSELS, Belgium: The United States has withdrawn from the board of a U.N. climate fund designed to help poor countries deal with...
NEW YORK CITY, New York - A student of Columbia University, arrested for protesting against the carnage in Gaza, has been moved out...
LOS ANGELES, California: Los Angeles County, Pasadena, and other public agencies have sued Edison International and its subsidiary,...
WASHINGTON, D.C.: According to a report in the Wall Street Journal, former President Donald Trump is planning to sign an order to shut...
Already under siege, the heavily-blockaded Gaza Strip, housing more than two million displaced people, as well as the remaining Israeli...
BENTONVILLE, Arkansas: Walmart is pressuring some Chinese suppliers to cut prices in response to President Donald Trump's imposed U.S....
NEW DELHI, India: The United States is pressing India to lower tariffs and increase defense purchases to secure a stronger bilateral...
NEW YORK, New York - U.S. stocks plunged on Monday, joining a global rout which followed U.S. President Donald Trump not ruling out...
NEW YORK CITY, New York - The global foreign exchange market experienced notable shifts on Monday, influenced by escalating trade tensions...
WASHINGTON, D.C.: The U.S. Energy Department estimates it will take US$20 billion and several years to refill the Strategic Petroleum...
LONDON, U.K.: British Petroleum CEO Murray Auchincloss saw his pay package drop to 5.4 million pounds (US$6.95 million) in 2024, down...