GBank Financial Holdings announces partnership between BoltBetz and Terrible's Gaming to enhance cashless gaming technology in casinos.
Quiver AI Summary
GBank Financial Holdings Inc. has announced that its strategic partner, BoltBetz, will implement gaming technology and payment solutions from GBank across numerous slot machines in collaboration with Terrible’s / JETT Gaming. This partnership aims to enhance cashless payment options in neighborhood casinos. GBank, headquartered in Las Vegas and listed on the Nasdaq, provides financial services to gaming clients and offers products like the GBank Visa Signature® Card. The company is also a leading SBA lender operating in 40 states and has two commercial branches in Las Vegas. For further details, investors are encouraged to visit their website for updates and disclosures.
Potential Positives
- Announcement of a strategic partnership with BoltBetz and Terrible’s/JETT Gaming signals innovation and modernization in the gaming industry through cashless technology.
- Deployment of BoltBetz gaming technology and GBank's payment platforms across thousands of slot machines may significantly enhance customer experience and operational efficiency in neighborhood casinos.
- As a national leader in SBA lending, GBank demonstrates strong financial capabilities and a broad service reach across 40 states, which may attract more business clients and partnerships.
Potential Negatives
- The press release primarily focuses on its partnership with BoltBetz and Terrible's Gaming, which may suggest that GBank Financial Holdings Inc. is heavily reliant on third-party partnerships for growth, potentially indicating a lack of original, independent initiatives.
- There is no mention of financial performance or projections in the press release, which could lead to concerns about the company's current financial health or future outlook.
- The emphasis on cashless payments may expose the company to increased scrutiny regarding cybersecurity risks and the management of sensitive customer data in an era of heightened cyber threats.
FAQ
What is the partnership between GBank and BoltBetz?
GBank is collaborating with BoltBetz and Terrible’s Gaming to implement cashless gaming technology across slot machines.
How does GBank Financial Holdings serve its clients?
GBank offers a range of banking products and services to businesses and individuals across several states, including Nevada and California.
Where is GBank Financial Holdings headquartered?
GBank Financial Holdings is headquartered in Las Vegas, Nevada.
What products does GBank offer for the gaming industry?
GBank offers the GBank Visa Signature® Card, tailored specifically for the gaming and sports entertainment markets.
How can I find more information about GBank Financial Holdings?
More information can be found on GBank's official website under the News & Media section.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$GBFH Insider Trading Activity
$GBFH insiders have traded $GBFH stock on the open market 23 times in the past 6 months. Of those trades, 0 have been purchases and 23 have been sales.
Here’s a breakdown of recent trading of $GBFH stock by insiders over the last 6 months:
- CHARLES WILLIAM JR. GRIEGE has made 0 purchases and 2 sales selling 100,000 shares for an estimated $4,200,875.
- ALFRED LEE FINLEY has made 0 purchases and 6 sales selling 32,417 shares for an estimated $1,365,431.
- EDWARD MICHAEL NIGRO (Executive Chairman) has made 0 purchases and 6 sales selling 34,239 shares for an estimated $1,347,524.
- DAVID JON FERSDAHL (EVP/Card & Payments (GBank)) has made 0 purchases and 2 sales selling 3,000 shares for an estimated $113,440.
- ALAN CURTIS SKLAR has made 0 purchases and 7 sales selling 1,808 shares for an estimated $65,167.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$GBFH Hedge Fund Activity
We have seen 51 institutional investors add shares of $GBFH stock to their portfolio, and 2 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 576,838 shares (+inf%) to their portfolio in Q2 2025, for an estimated $20,425,833
- VANGUARD GROUP INC added 523,171 shares (+inf%) to their portfolio in Q2 2025, for an estimated $18,525,485
- ARISTA WEALTH MANAGEMENT, LLC added 295,296 shares (+inf%) to their portfolio in Q2 2025, for an estimated $10,456,431
- GEODE CAPITAL MANAGEMENT, LLC added 206,776 shares (+inf%) to their portfolio in Q2 2025, for an estimated $7,321,938
- CHAPIN DAVIS, INC. added 203,600 shares (+inf%) to their portfolio in Q2 2025, for an estimated $7,209,475
- CANNELL & SPEARS LLC added 185,525 shares (+inf%) to their portfolio in Q2 2025, for an estimated $6,569,440
- HIGHTOWER ADVISORS, LLC added 98,151 shares (+inf%) to their portfolio in Q2 2025, for an estimated $3,475,526
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
LAS VEGAS, Aug. 28, 2025 (GLOBE NEWSWIRE) -- GBank Financial Holdings Inc. (the "Company"), the parent company of GBank, is pleased to share the press release of its strategic partner, BoltBetz, and Terrible’s / JETT Gaming. Terrible’s Gaming will deploy BoltBetz gaming technology and BankCard Services/GBank payments platforms across thousands of slot machines.
The full press release from BoltBetz can be found here:
About GBank Financial Holdings Inc.
GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada and is listed on the Nasdaq Capital Market under the symbol “GBFH.” Our national payment and Gaming FinTech business lines serve gaming clients across the U.S. and feature the GBank Visa Signature
®
Card—a tailored product for the gaming and sports entertainment markets. The Bank is also a top national SBA lender, now operating across 40 states. Through our wholly owned bank subsidiary, GBank, we operate two full-service commercial branches in Las Vegas, Nevada to provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in Nevada, California, Utah, and Arizona. Please visit
www.gbankfinancialholdings.com
for more information.
Available Information
The Company routinely posts important information for investors on its web site (under www.gbankfinancialholdings.com and, more specifically, under the News & Media tab at www.gbankfinancialholdings.com/press-releases). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD (Fair Disclosure) promulgated by the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, investors should monitor the Company’s web site, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.
The information contained on, or that may be accessed through, the Company’s web site is not incorporated by reference into, and is not a part of, this document.
For Further Information, Contact:
GBank Financial Holdings Inc.
Edward Nigro
Executive Chairman
702-851-4200
[email protected]
Source: GBank Financial Holdings Inc.
