Slot machine jackpots at Caesars Palace will now be paid more efficiently.
Caesars Entertainment Thursday announced that it had entered into an agreement with Everi to install Jackpot Xpress at its flagship Las Vegas Strip casino. The jackpot management system will undergo a field trial under guidelines issued by the Nevada Gaming Control Board.
Everi Executive Vice President and FinTech Business Leader Darren Simmons said in a statement that Jackpot Express continues the company’s efforts to build integrated digital neighborhoods.
“These efforts have positioned Everi as the industry’s financial technology leader and a strategic partner for forward-thinking customers such as Caesars Entertainment,” Simmons said. “Our innovative products such as Jackpot Xpress provide value to our customers, as they enhance their ability to better serve their players while creating measurable efficiencies in their operations.”
Jackpot Xpress is an intuitive jackpot and tax forms management solution that enables casino staff to securely and efficiently process slot jackpots. A mobile device used at the gaming machine enables secure payment, tax forms management, and anti-money laundering tracking into a single solution. The proprietary technology eliminates paperwork through an electronic tax form delivery system that can be securely retrieved by players.
After final approval by the Nevada Gaming Control Board, Caesars will have the option to install Jackpot Xpress at all its Nevada properties. Caesars also will be able to install Jackpot Xpress at all its owned and managed locations, pending further jurisdictional approvals.
