SlotCycle Raises $5.6M to Transform Secondary Gaming Equipment Market, Led by Discerning Capital
illi News/10289679

LAS VEGAS - illiNews -- 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 illi News

• AFOP's National Long-Sleeve Shirt Drive
• Talentica Software Recognizes Top Innovators in Its Multi-Agent Hackathon
• Guests Can Save 15 Percent on a Florida Keys Vacation Home Rental with KeysCaribbean's 'Advance Purchase Discount'
• Elevate Local Launches to Help Tennessee Small Businesses Grow Online with Expert SEO and Digital Marketing
• Naperville Police Arrest Two for Attempted Armed Robbery in Naperville

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 illi News

• Olga Torres Once Again Recognized as a Top Advisor by Foreign Investment Watch
• $300 Million in Milestones; Double-Digit Royalties; Neurospa LOI for Expansion of International Psychiatry Clinics plus NDA Filed with FDA on New Drug
• Spartan Investigations Partners with Dallas Law Enforcement to Combat Human Trafficking
• Torture in the Troubled Teen Industry, Death by Deliberate Indifference Report
• Moovila Wins 2025 GTIA Innovative Vendor Award for Impactful Industry Advancements

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