Former undisputed heavyweight champion Mike Tyson has taken on the role of strategic investor and promotional associate with BoltBetz, a company gearing up to introduce its innovative cashless gaming technology across Terrible’s casino venues in Nevada.

In his capacity as a promotional partner, Tyson will be instrumental in activating marketing campaigns, engaging in digital media endeavors, and making personal appearances. He has also made a financial investment in the enterprise.

“I am always attracted to innovations that simplify experiences, and that’s precisely what BoltBetz represents,” Tyson stated. “This technology is revolutionizing how people interact with casinos, and I’m excited to be involved as both a partner and an investor.”

Terrible’s, a well-established casino operator in Nevada, will be the first to implement this cutting-edge technology. The organization boasts more than 300 locations alongside 2,700 gaming machines across the state, and has been in operation for over sixty years. The initial launch of the platform at designated properties is anticipated for early next year.

BoltBetz has innovated a unique cashless system that enables players to load funds digitally to slot machines without the need for cash. This platform is crafted to streamline transactions, bolster security, and modernize payments on the gaming floor.

“Welcoming Mike Tyson is a groundbreaking milestone for BoltBetz,” said Space Jones, Co-Founder and Director of Product & Design at BoltBetz. “Mike’s global stature and fearless persona seamlessly align with our vision to revolutionize the gaming environment.”

Tyson, a former undisputed heavyweight boxing champion, stands as one of the most recognizable athletes worldwide. In addition to his boxing legacy, he is actively involved as an entrepreneur, entertainer, and philanthropist, with a fan base that spans various generations.

“His engagement as both an investor and promotional partner underscores the robustness of our technology and propels our growth strategy forward. We are also thankful to Prophecy Onasis, owner of Radiant Technologies, whose involvement has been crucial in forming this innovative partnership,” Jones continued.

BoltBetz positions itself as a financial technology firm dedicated to offering cashless solutions tailored for casinos. The platform is designed to enable players to conduct digital transactions at slot machines, all while providing operators higher efficiency in managing funds and enhancing security.