Investor Increases Stake in Jackpot Digital Inc.
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Investor Increases Stake in Jackpot Digital Inc.

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Jackpot Digital (TSE:JJ) has released an update.

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.

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