Trending...
- Sober.Buzz the Sober Token : Ticker $BUZZ
- Global Families Turn to Young Travelers Concierge Amid Rising Safety Concerns in the U.S
- Tampa-Based Digital Marketing Agency Launches New Website to Help Local Businesses Grow Online
LAS VEGAS - nvtip -- SlotCycle, the leading marketplace connecting buyers and sellers of gaming equipment, today announced the successful closing of $5.6 million in growth capital. This strategic investment, led by Discerning Capital and including participation from other industry investors advised by Spectrum Gaming Capital, highlights SlotCycle's mission to revolutionize the secondary gaming equipment market through advanced technology, exceptional service, and robust physical infrastructure.
Driving Transformation and Growth
The funding round includes Davis Catlin, managing partner of Discerning Capital, joining SlotCycle's board of directors alongside other seasoned industry veterans. Catlin emphasized the platform's impact: "SlotCycle is revolutionizing the secondary gaming equipment market by addressing inefficiencies and creating value for buyers and sellers. Its multisided marketplace delivers transparency, efficiency, and reduced transaction risks—qualities transforming this fragmented industry. We're excited to partner with SlotCycle to accelerate this growth."
More on nvtip.com
Strategic Use of Funds
SlotCycle will use the capital to enhance its white-glove consignment services, where machines are serviced for resale, and to grow its fully digital marketplace, SlotCycle.com. This platform connects buyers and sellers globally, offering regulatory compliance, broader market access, and competitive pricing.
Scott Barber, CEO of EBCI Holdings and an early SlotCycle investor, shared his enthusiasm: "SlotCycle.com offers unmatched solutions for operators and manufacturers, addressing challenges like compliance and logistics while streamlining transactions. This funding will help SlotCycle advance its innovative approach to the market."
Bridging the Digital and Physical
Combining its 35,000-square-foot Las Vegas service center with the digital capabilities of SlotCycle.com, the company is uniquely positioned to assess, refurbish, and distribute slot machines and parts, with plans for significant growth. Founder and CEO Jeff Jordan, recently named one of GGB Magazine's Top 25 Leaders to Watch in 2025, remarked: "This growth capital empowers us to enhance our digital platform, expand partnerships across Asia, Europe, and Latin America, and strengthen our position as the essential partner for operators, manufacturers, and resellers worldwide."
More on nvtip.com
About SlotCycle
Founded in 2019, SlotCycle is the leading marketplace for secondary gaming equipment, combining a state-of-the-art digital platform with robust physical operations. By transforming how gaming equipment is bought, sold, and refurbished, SlotCycle creates unparalleled value for the industry. For more info visit SlotCycle.com
Driving Transformation and Growth
The funding round includes Davis Catlin, managing partner of Discerning Capital, joining SlotCycle's board of directors alongside other seasoned industry veterans. Catlin emphasized the platform's impact: "SlotCycle is revolutionizing the secondary gaming equipment market by addressing inefficiencies and creating value for buyers and sellers. Its multisided marketplace delivers transparency, efficiency, and reduced transaction risks—qualities transforming this fragmented industry. We're excited to partner with SlotCycle to accelerate this growth."
More on nvtip.com
- ScreenPoints Puts Film Investors in the Credits—and in the Money With New FinTech Platform
- Pathways to Adulthood Conference May 17 at Melville Marriott Honoring NYS Assembly Member Jodi Giglio, Suffolk County Legislator Nick Caracappa
- Adster Techologies awarded US Patent for breakthrough innovation in reducing latency in Ad Serving
- Robert Fabbio Inducted into the Austin Technology Council Hall of Fame
- Dr. Dennis Jackson Brings Non-Operating Orthopaedic Sports and Emergency Medicine Expertise to Crovetti Orthopaedics and Sports Medicine
Strategic Use of Funds
SlotCycle will use the capital to enhance its white-glove consignment services, where machines are serviced for resale, and to grow its fully digital marketplace, SlotCycle.com. This platform connects buyers and sellers globally, offering regulatory compliance, broader market access, and competitive pricing.
Scott Barber, CEO of EBCI Holdings and an early SlotCycle investor, shared his enthusiasm: "SlotCycle.com offers unmatched solutions for operators and manufacturers, addressing challenges like compliance and logistics while streamlining transactions. This funding will help SlotCycle advance its innovative approach to the market."
Bridging the Digital and Physical
Combining its 35,000-square-foot Las Vegas service center with the digital capabilities of SlotCycle.com, the company is uniquely positioned to assess, refurbish, and distribute slot machines and parts, with plans for significant growth. Founder and CEO Jeff Jordan, recently named one of GGB Magazine's Top 25 Leaders to Watch in 2025, remarked: "This growth capital empowers us to enhance our digital platform, expand partnerships across Asia, Europe, and Latin America, and strengthen our position as the essential partner for operators, manufacturers, and resellers worldwide."
More on nvtip.com
- Cybersecurity is Protecting Your Personal Information and Your Portfolio
- L2 Aviation Celebrates Grand Opening of New Facility at Cincinnati/Northern Kentucky International Airport (CVG)
- Managing Summer Staffing Surges with Confidence: Why Name Badges Are a Must for Seasonal Success
- Visa Named Title Sponsor of Ascending Athletes' Business Owners Summits for NFL Entrepreneurs
- The Paris Court of International Arbitration Elects Dr. John J. Maalouf as its New President
About SlotCycle
Founded in 2019, SlotCycle is the leading marketplace for secondary gaming equipment, combining a state-of-the-art digital platform with robust physical operations. By transforming how gaming equipment is bought, sold, and refurbished, SlotCycle creates unparalleled value for the industry. For more info visit SlotCycle.com
Source: SlotCycle
0 Comments
Latest on nvtip.com
- 20 Patents Issued Worldwide, Cementing Company Leadership. First Ever Cable-Free 12-Lead ECG: HeartBeam, Inc. (Stock Symbol: BEAT)
- NASDAQ Uplisting for Higher Market Exposure and Wide Corporate Benefits to AI Boosted Marketing Company On Track Towards $1 Billion Revenue by 2027
- Congressional Men's Health Caucus Shows Bipartisan Consensus and Focus on Prevention, Mental Health, and Closing the Lifespan Gap
- DuoKey, Axiomtek and Blue Edge Network Partner to Enhance Smart Cities with Privacy-Preserving Urban Safeguarding and Fleet Management
- Mix Master AI Bartender Launches Web Platform, Revolutionizing Cocktail Creation
- Evolving Gaming Regulations: New Insights From Info-Tech Research Group Shows How IT Leaders Can Strengthen Compliance and Reduce Risk
- Austin Keen Joins WakeFX RopePal as Official Brand Ambassador
- Bonelli Systems Expands Managed IT Services Nationwide, Leveraging Microsoft Azure Expertise
- $4.3 Million Patent Application Waiver Fee Granted by FDA on New Drug Application Fee for Treatment Addressing Suicidal Depression & PTSD: NRX Pharma
- Whistleblower Claims Dental Patient Deaths Likely Due to Book Ban
- xREnergy up as much as +3,094,634% on first day listed on the XRP Ledger. Ticker : $XRE
- Psychiatry's Legacy of Racism and Coercion Highlighted in Restraint Deaths
- New Book 'Cybersecurity Leadership' Guides SME Leaders to Make Smart, Strategic Security Decisions
- "Stop scrolling and start watching" - Beloved film recommendation site Criticker gets a major makeover
- Green Energy Solar Expands with New Offices in Port St. Lucie, West Palm Beach, and Orlando
- Events by Dubsdread Expands Services to The Venue at Lake Lily
- London Gala Emphasizes Trade, FDI and Ongoing Cooperation
- Sahit Muja Launches Trillion-Dollar Green Revolution with 10 Groundbreaking Cryptos
- Free and Low-Cost Dental Care Now Available in London Through the Canadian Dental Care Plan (CDCP)
- Garden State Gay Socials Turns One: 1st Birthday Celebration for Gay Men Who Want Real Connection