Latest news with #JakeKalpakian
Associated Press
4 days ago
- Business
- Associated Press
Jackpot Digital Signs Five Table Agreement with Win-River Resort & Casino
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) ('Jackpot Digital' or the 'Company'), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce that it has signed an agreement (the 'Agreement') to install five of the Company's Jackpot Blitz® dealerless poker machines at Win-River Resort & Casino ('Win-River') located in Redding, California, USA. The installation is subject to all customary licensing and regulatory approvals. Win-River previously ordered three Jackpot Blitz® tables from the Company, but the order was cancelled due to GLI certification delays in 2022. With GLI certification now in place for Jackpot Blitz®, the order has been renewed and increased from three to five tables. This increased order highlights the growing demand for Jackpot Digital's innovative Jackpot Blitz® poker electronic table games ('ETGs'), reinforcing the Company's leadership in dealerless poker ETGs. The expanded order also reflects Win-River's confidence in the product's ability to enhance its gaming experience and generate greater revenue for its casino operations. 'We are excited to re-engage with Win-River around our revolutionary dealerless poker ETGs,' said Jake Kalpakian, President and CEO of Jackpot Digital Inc. 'We look forward to delivering five units to the Win-River property. We view our casino customers as partners and we will work hand-in-hand with Win-River to deliver an unmatched gaming experience to its players.' The Jackpot Blitz® is a fully automated dealerless poker ETG with a fast-paced and highly engaging 75" touchscreen tabletop that combines the excitement of traditional poker with cutting-edge dealerless technology. It offers a range of betting options and allows for a seamless, efficient gaming experience, appealing to both seasoned players and newcomers alike. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: [ This video cannot be displayed. Please visit the source: ] Cannot view this video? Visit: In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, as well as several international jurisdictions. About Jackpot Digital Inc. Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. 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 About Win River Resort & Casino Win-River Resort & Casino in Redding, California, is a Native American gaming facility owned and operated by the Redding Rancheria. It offers a wide range of entertainment, including 751 slot machines, table games, bingo, and live entertainment. The resort also features a hotel, restaurants, and an outdoor pool. 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 Jackpot's future plans, the obtaining of To view the source version of this press release, please visit
Globe and Mail
4 days ago
- Business
- Globe and Mail
Jackpot Digital Signs Five Table Agreement with Win-River Resort & Casino
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) ("Jackpot Digital" or the "Company"), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce that it has signed an agreement (the "Agreement") to install five of the Company's Jackpot Blitz® dealerless poker machines at Win-River Resort & Casino ("Win-River") located in Redding, California, USA. The installation is subject to all customary licensing and regulatory approvals. Win-River previously ordered three Jackpot Blitz® tables from the Company, but the order was cancelled due to GLI certification delays in 2022. With GLI certification now in place for Jackpot Blitz®, the order has been renewed and increased from three to five tables. This increased order highlights the growing demand for Jackpot Digital's innovative Jackpot Blitz® poker electronic table games ("ETGs"), reinforcing the Company's leadership in dealerless poker ETGs. The expanded order also reflects Win-River's confidence in the product's ability to enhance its gaming experience and generate greater revenue for its casino operations. "We are excited to re-engage with Win-River around our revolutionary dealerless poker ETGs," said Jake Kalpakian, President and CEO of Jackpot Digital Inc. "We look forward to delivering five units to the Win-River property. We view our casino customers as partners and we will work hand-in-hand with Win-River to deliver an unmatched gaming experience to its players." The Jackpot Blitz® is a fully automated dealerless poker ETG with a fast-paced and highly engaging 75" touchscreen tabletop that combines the excitement of traditional poker with cutting-edge dealerless technology. It offers a range of betting options and allows for a seamless, efficient gaming experience, appealing to both seasoned players and newcomers alike. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: Cannot view this video? Visit: In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, as well as several international jurisdictions. About Jackpot Digital Inc. Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. 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 About Win River Resort & Casino Win-River Resort & Casino in Redding, California, is a Native American gaming facility owned and operated by the Redding Rancheria. It offers a wide range of entertainment, including 751 slot machines, table games, bingo, and live entertainment. The resort also features a hotel, restaurants, and an outdoor pool. 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 Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed 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", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", "in due course" 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.
Yahoo
4 days ago
- Business
- Yahoo
Jackpot Digital Signs Five Table Agreement with Win-River Resort & Casino
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) ("Jackpot Digital" or the "Company"), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce that it has signed an agreement (the "Agreement") to install five of the Company's Jackpot Blitz® dealerless poker machines at Win-River Resort & Casino ("Win-River") located in Redding, California, USA. The installation is subject to all customary licensing and regulatory approvals. Win-River previously ordered three Jackpot Blitz® tables from the Company, but the order was cancelled due to GLI certification delays in 2022. With GLI certification now in place for Jackpot Blitz®, the order has been renewed and increased from three to five tables. This increased order highlights the growing demand for Jackpot Digital's innovative Jackpot Blitz® poker electronic table games ("ETGs"), reinforcing the Company's leadership in dealerless poker ETGs. The expanded order also reflects Win-River's confidence in the product's ability to enhance its gaming experience and generate greater revenue for its casino operations. "We are excited to re-engage with Win-River around our revolutionary dealerless poker ETGs," said Jake Kalpakian, President and CEO of Jackpot Digital Inc. "We look forward to delivering five units to the Win-River property. We view our casino customers as partners and we will work hand-in-hand with Win-River to deliver an unmatched gaming experience to its players." The Jackpot Blitz® is a fully automated dealerless poker ETG with a fast-paced and highly engaging 75" touchscreen tabletop that combines the excitement of traditional poker with cutting-edge dealerless technology. It offers a range of betting options and allows for a seamless, efficient gaming experience, appealing to both seasoned players and newcomers alike. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: Cannot view this video? Visit: In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, as well as several international jurisdictions. About Jackpot Digital Inc. Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. 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 About Win River Resort & Casino Win-River Resort & Casino in Redding, California, is a Native American gaming facility owned and operated by the Redding Rancheria. It offers a wide range of entertainment, including 751 slot machines, table games, bingo, and live entertainment. The resort also features a hotel, restaurants, and an outdoor pool. On behalf of the Board of Jackpot Digital Inc. "Jake H. Kalpakian" _____________________________ Jake H. KalpakianPresident & 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 Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed 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", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", "in due course" 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. To view the source version of this press release, please visit Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Associated Press
01-05-2025
- Business
- Associated Press
Jackpot Digital Establishes US$4MM Credit Line Facility for Table Deliveries
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the 'Company' or 'Jackpot') announces that further to its news release dated April 1, 2025, the Company has received Exchange approval in respect to the secured non-revolving lines of credit agreements with two Lenders, one arm's length party and, one non-arm's length party, in the aggregate principal amount of up to US$4,000,000 (the 'Line of Credit'). Drawdowns on the Line of Credit will be available in multiples of USD$24,000 and carry interest at a rate of 15% per annum on the drawdown amount. All amounts owing under the Line of Credit will be repayable by maturity, December 31, 2028. The drawdowns are intended to support the manufacturing and distribution of Jackpot Blitz® electronic dealerless table games ('ETGs'). If the Company draws down the entire US$4,000,000, the cost to the Company will be US$5,800,000 which includes the interest payment of US$1,800,000. Under the terms of the LOC Agreements, there is a possible conversion feature which may be triggered if any principal or interest under the promissory notes remain outstanding. In such an event, the Lenders may elect to convert all or a portion of the outstanding principal and any accrued and unpaid interest into common shares of the Company, subject to the approval of the TSX Venture Exchange. President and CEO Mr. Jake Kalpakian states, 'This is a major milestone for the Company. The credit line facility provides additional operating flexibility and will allow us to meet customer demand immediately by swiftly delivering our Jackpot Blitz® ETGs to our casino customers. It also gives us for the first time the capability to distribute our Jackpot Blitz® ETGs in much larger volumes.' Any securities that may be issued in connection with the LOC Agreements will be subject to resale and transfer restrictions under applicable securities laws and regulations in Canada and the United States. One of the lenders is a Trust, whose trustee is an insider of the Company. This transaction is considered a related party transaction within the meaning of Multilateral Instrument 61-01 Protection of Minority Security Holders in Special Transactions ('MI 61-101"). The Company is relying on exemption from the formal valuation and minority shareholder approval requirements provided under section 5.7(f) of Multilateral Instrument 61-101. No new insiders and no control persons were created in connection with the closing of the transaction. About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. 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 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 Jackpot's future plans, the obtaining of To view the source version of this press release, please visit
Associated Press
28-02-2025
- Business
- Associated Press
Jackpot Digital Receives Increased Table Order Size from Seneca Gaming
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) ('Jackpot Digital' or the 'Company'), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce that Seneca Gaming Corporation ('Seneca Gaming') has increased its order of Jackpot Blitz® tables from two to four tables. Jackpot Digital is currently licensed at Seneca Gaming and the tables are scheduled to be installed at Seneca's Salamanca property in Q2 2025. This increased order highlights the growing demand for Jackpot Digital's innovative Jackpot Blitz® poker electronic table games ('ETGs'), reinforcing the Company's leadership in dealerless poker ETGs. The expanded order also reflects Seneca's confidence in the product's ability to enhance its gaming experience and generate greater revenue for its casino operations. 'We are excited to see Seneca Gaming increase their order size from two to four units,' said Jake Kalpakian, President and CEO of Jackpot Digital Inc. 'Order upsizes such as this highlight the strong market appeal of our product and its ability to enhance casino operations. We look forward to delivering four units to the Salamanca property and collaborating further with Seneca to elevate gaming experiences across their other properties.' The Jackpot Blitz® is a fully automated dealerless poker ETG with a fast-paced and highly engaging 75" touchscreen tabletop that combines the excitement of traditional poker with cutting-edge dealerless technology. It offers a range of betting options and allows for a seamless, efficient gaming experience, appealing to both seasoned players and newcomers alike. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: [ This video cannot be displayed. Please visit the source: ] In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the U.S. growing, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, as well as several international jurisdictions. About Jackpot Digital Inc. Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer electronic poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. 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 About Seneca Gaming Corporation Seneca Gaming Corporation operates a network of three premier gaming and entertainment facilities across western New York. With a commitment to excellence and innovation, Seneca provides a wide range of gaming options, exceptional customer service, and world-class entertainment experiences for its guests. 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 Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed 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', 'expects', 'propose', 'anticipate', 'intend', 'plan', 'plans' 'estimate', 'in due course' 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.
