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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) 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.
Jackpot Digital Inc. (OTCQB:JPOTF) announced the successful installation of two Jackpot Blitz™ electronic table games at Rosebud Casino in South Dakota on June 29, 2022. CEO Jake Kalpakian highlighted growing demand for their products, driven by a shortage of experienced dealers and a trend towards automation in casinos. The company expects additional installations soon, contributing to its recurring revenue growth. Jackpot Digital specializes in multiplayer gaming products and offers backend tools for operators to optimize their gaming businesses.
Jackpot Digital Inc. announced a licensing agreement with Casino Pauma in California to install two Jackpot Blitz™ Electronic Table Games. Subject to regulatory approvals, this partnership adds to Jackpot's growing client base, with a total of 25 ETGs ordered since the pandemic reopening, a 43% increase. The ETGs are expected to generate recurring monthly revenues, benefiting from strong industry demand. CEO Jake Kalpakian highlighted the favorable market conditions for these products.
Jackpot Digital Inc. (US OTCQB: JPOTF) announced the order of an additional Jackpot Blitz™ electronic table game (ETG) by Win-River Casino, bringing the total to three tables pending regulatory approval. Located in Redding, California, Win-River features a diverse gaming environment. CEO Jake Kalpakian noted that Jackpot Blitz™ enhances the casino experience, addressing dealer shortages while providing exciting gaming options. The collaboration highlights a growing trend among casinos to adapt and innovate guest experiences.
Jackpot Digital Inc. (OTCQB:JPOTF) has signed a licensing contract with Treasure Bay VI Corporation to install a Jackpot Blitz™ electronic table game at Divi Carina Bay Resort & Casino in St. Croix. This agreement revives a prior deal halted by the COVID-19 pandemic, pending regulatory approvals. The company's CEO, Jake Kalpakian, emphasizes a focus on rebuilding revenue streams as markets reopen. Additionally, Jackpot has engaged Market One Media for a 12-month marketing contract worth C$150,000 to support growth initiatives.
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