Jackpot Digital (TSE:JJ) has released an update.
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Jackpot Digital Inc. has announced that Mr. Lyle Berman, an investor, has increased his stake in the company by converting certain convertible debentures, now holding approximately 18.74% of the common shares and 11.82% of the outstanding warrants. The acquisition positions Berman as a significant shareholder, potentially influencing the future of the company which specializes in dealerless multiplayer electronic poker tables for casinos.
For further insights into TSE:JJ stock, check out TipRanks’ Stock Analysis page.
