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JACKPOT DIGITAL INC NEW - JPOTF STOCK NEWS

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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.

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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.

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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.

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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.

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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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Jackpot Digital Inc. has entered a licensing agreement with Win-River Resort & Casino in California to install two Jackpot Blitz™ Electronic Table Games. This development is pending regulatory approval. The CEO, Jake Kalpakian, highlighted the growing demand for their products as casinos adapt to staffing challenges and seek engaging gaming solutions. The expansion in the large California market indicates potential growth in order flow through 2022 and beyond.

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Jackpot Digital Inc. announced the successful installation of 5 Jackpot Blitz™ Electronic Table Games (ETGs) at Three Rivers Casino Resort in Oregon. This is the largest installation of its kind at a single venue to date. The all-digital poker room features 84-inch touchscreen tables, representing a significant milestone for the company's growth. CEO Jake Kalpakian expressed optimism for future installations as interest in their products increases. Jackpot Digital specializes in multiplayer gaming products for the cruise ship and regulated casino industries.

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Jackpot Digital Inc. will showcase its next generation Jackpot Blitz™ Electronic Table Game at the 2022 Indian Gaming Tradeshow in Anaheim, California, on April 21st and 22nd. This updated version supports the Slot Accounting System (SAS) protocol, allowing cash/voucher acceptance and voucher printing at each seat. This integration aims to expand the company's market reach within the casino industry. CEO Jake Kalpakian noted positive feedback from operators, emphasizing that the new features will facilitate product adoption in more casinos.

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Jackpot Digital Inc. announced the installation of two Jackpot Blitz™ electronic table games (ETGs) at Rosebud Casino in South Dakota, fulfilling an order placed before Covid-19. CEO Jake Kalpakian highlighted that this move enhances their operational momentum in the gaming industry, adding to their monthly recurring revenue as they earn a percentage of rake from each poker hand. The company aims to expand its presence in the land-based casino segment throughout 2022, continuing to include similar orders in their pipeline.

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Jackpot Digital Inc. has signed a licensing agreement with Silver Wolf Casino in Montana to install one of its Jackpot Blitz™ Electronic Table Games (ETG). This agreement is contingent upon obtaining regulatory approvals. CEO Jake Kalpakian expressed enthusiasm about expanding the company's presence in the land-based casino market and highlighted growing relationships with U.S. casinos. Silver Wolf Casino's General Manager, Gary Clark, also conveyed excitement over the partnership, aiming to provide a new poker experience for their customers.

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Jackpot Digital Inc. (OTCQB:JPOTF) has signed a licensing agreement with Pit River Casino in California to install one Jackpot Blitz™ Electronic Table Game, pending regulatory approval. The game is currently being prepared for shipment. CEO Jake Kalpakian expressed optimism about increasing momentum in their order pipeline and indicated plans to order more components to meet rising demand. Jackpot specializes in multiplayer gaming products for the cruise and casino industries, optimizing business operations with a suite of backend tools.

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FAQ

What is the current stock price of JACKPOT DIGITAL NEW (JPOTF)?

The current stock price of JACKPOT DIGITAL NEW (JPOTF) is $0.0465 as of December 20, 2024.

What is the market cap of JACKPOT DIGITAL NEW (JPOTF)?

The market cap of JACKPOT DIGITAL NEW (JPOTF) is approximately 8.7M.

When was Jackpot Digital Inc. founded?

Jackpot Digital Inc., formerly known as Las Vegas From Home.com Entertainment Inc., was founded in 1999.

Where is Jackpot Digital Inc. based?

Jackpot Digital Inc. is based in Vancouver, British Columbia, Canada.

What stock exchanges is Jackpot Digital Inc. listed on?

Jackpot Digital Inc. is listed on the TSX Venture Exchange (TSX.V: JP) and the US OTC Pink exchange under the symbol JPOTF.

What industry does Jackpot Digital Inc. operate in?

Jackpot Digital Inc. is a leading electronic table games manufacturer and mobile gaming provider for the cruise ship and regulated casino industries.

What products does Jackpot Digital Inc. specialize in?

Jackpot Digital Inc. specializes in multiplayer gaming products, including poker and casino games, along with a suite of backend tools for operators to efficiently manage their gaming business.

Who is the CEO of Jackpot Digital Inc.?

The CEO of Jackpot Digital Inc. is Jake H. Kalpakian.

What is Jackpot Digital Inc.'s approach to casino business?

Jackpot Digital Inc. is a positive disruptor in the casino business, offering dealerless multiplayer electronic poker tables for cruise ships and land-based regulated casinos.

How does Jackpot Digital Inc. work with casino operators?

Jackpot Digital Inc. provides a robust suite of backend tools for casino operators to efficiently control and optimize their poker business.

What notable partnerships does Jackpot Digital Inc. have?

Jackpot Digital Inc. has partnerships with notable cruise ship customers like Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises.

Where can I find more information about Jackpot Digital Inc.?

For more information on Jackpot Digital Inc., you can contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at www.jackpotdigital.com.

JACKPOT DIGITAL INC NEW

OTC:JPOTF

JPOTF Rankings

JPOTF Stock Data

8.73M
149.34M
19.77%
10.42%
Gambling
Consumer Cyclical
Link
United States of America
Vancouver