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Established in 1999, Jackpot Digital Inc. (formerly Las Vegas From Home.com Entertainment Inc.) is a Canadian publicly listed company trading on the TSX Venture Exchange (TSX.V: JP) and the US OTC Pink (JPOTF). Jackpot Digital Inc. is a prominent electronic table games manufacturer and mobile gaming provider for the cruise ship and regulated casino industries. Specializing in multiplayer gaming products like poker and casino games, they offer a suite of backend tools for operators to efficiently control and optimize their gaming business.
Jackpot Digital Inc. (OTCQB:JPOTF) announced the successful installation of two Jackpot Blitz® ETGs at Sac & Fox Casino in Kansas on October 8, 2022. This expansion adds to its growing customer base, enhancing recurring revenue. The company capitalizes on inflationary pressures and workforce shortages in the casino sector, making its dealerless gaming solutions increasingly attractive. President and CEO Jake Kalpakian emphasized the advantages of their technology, which increases hands dealt per hour while reducing operational costs.
Jackpot Digital Inc. has successfully sold two Jackpot Blitz® dealerless poker ETGs to a casino group in Vietnam, generating total gross revenue of USD $150,000. Each table was sold for USD $75,000. CEO Jake Kalpakian noted that this sale reflects the company's ongoing expansion and its adaptability to customer preferences between outright purchases and revenue-sharing models. Jackpot Digital specializes in electronic table games for the cruise and regulated casino industries, addressing a growing trend toward automation in gaming.
Jackpot Digital Inc. (OTCQB: JPOTF) is set to showcase its new Jackpot Blitz® Dealerless Poker ETG at the 2022 Global Gaming Expo in Las Vegas from October 11-13. The upgraded ETG supports the Slot Accounting System (SAS) protocol, enabling cash and voucher transactions at each seat. This significant upgrade aims to broaden market access for the product, responding to increased casino demand driven by labor shortages and inflation. The company anticipates a busy exhibition schedule with positive reviews already received from casinos.
Jackpot Digital Inc. has signed a licensing agreement with Norson Group S.R.L. to install five Jackpot Blitz Electronic Table Games in the Dominican Republic. The agreement awaits regulatory approval. Norson operates 160 sports betting locations in the region. CEO Jake Kalpakian highlights the opportunity for growth due to inflationary pressures and labor shortages in casinos, making automated solutions appealing. Norson’s CEO expressed confidence in the success of the installed ETGs.
Jackpot Digital Inc. (OTCQB:JPOTF) reported record revenues of CAD $128,566 in August 2022, the highest since February 2020, attributed to the easing of COVID-19 restrictions. The company noted significant growth in bookings from the cruise ship sector and strengthening interest in the land-based casino segment.
CEO Jake Kalpakian highlighted the demand for their innovative dealerless technology, Jackpot Blitz®, which allows casinos to enhance revenue while reducing operational costs amidst industry-wide labor shortages.
Jackpot Digital Inc. (OTCQB: JPOTF) has secured licensing approval from the Sac & Fox Nation of Missouri Tribal Gaming Commission to install two Jackpot Blitz® ETGs at Sac & Fox Casino in Kansas. The installation is expected in the coming weeks, generating recurring monthly revenue through a revenue share model. CEO Jake Kalpakian emphasized the growing demand for dealerless technology due to inflationary pressures and employee shortages in casinos, positioning the company to benefit from the trend towards automation in the gaming industry.
Jackpot Digital Inc. reported its highest revenues since February 2020, achieving CAD $125,337 in July 2022. This improvement is attributed to the easing of COVID restrictions, leading to increased bookings in the cruise and casino gaming sectors. CEO Jake Kalpakian noted a growing interest in their products amid rising inflation and a labor shortage in the casino industry. The company's dealerless technology positions it well to capitalize on automation trends, enhancing revenue while reducing costs.
Jackpot Digital Inc. (US OTCQB:JPOTF) has received licensing approval from the Redding Rancheria Gaming Commission to install Jackpot Blitz® ETGs at Win River Resort & Casino in Redding, California. This approval allows the installation of three dealerless Jackpot Blitz® ETGs, capitalizing on rising demand in the casino sector. CEO Jake Kalpakian highlighted the advantages of the product amidst inflationary salary pressures and a shortage of casino dealers, which enhances operational efficiency and revenue generation.
Jackpot Digital Inc. (OTCQB: JPOTF) has signed a licensing agreement with Piggs Peak Hotel & Casino in Eswatini to install four Jackpot Blitz™ Electronic Table Games (ETGs). This agreement is contingent on regulatory approvals. CEO Jake Kalpakian expressed excitement about this first African partnership, highlighting strong demand for Jackpot Blitz™ technology. Piggs Peak's Managing Director, Willie Delport, shared enthusiasm for reintroducing poker culture at the casino. Jackpot Digital is known for its multiplayer gaming products and backend tools for operators.
Jackpot Digital Inc. has signed a licensing agreement with Buffalo Bill's Casino Resort in Nevada for the installation of two Jackpot Blitz™ Electronic Table Games (ETGs). This marks Jackpot's first official agreement with a Nevada property, highlighting its expansion efforts in key jurisdictions. President & CEO Jake Kalpakian expressed confidence in the product's potential in the region. The agreement is pending regulatory approvals. Jackpot Digital specializes in electronic table games for the regulated casino and cruise ship industries.
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