- Jackpot Digital (TSXV:JJ), a gaming technology stock focused on dealerless electronic poker tables, has been approved by the Alcohol and Gaming Commission of Ontario (AGCO) as a registered gaming-related supplier
- The news follows business inquiries from casinos across the province
- Jackpot Digital is a leading developer and provider of electronic gaming solutions
- Jackpot Digital stock is unchanged year-over-year but has given back 65 per cent since 2019
Jackpot Digital (TSXV:JJ), a gaming technology stock focused on dealerless electronic poker tables, has been approved by the Alcohol and Gaming Commission of Ontario (AGCO) as a registered gaming-related supplier.
The approval unlocks a rapidly growing sub-section of the North American gaming market, with the company cleared to sell its electronic tables to gaming venues in the province, including casinos and other regulated facilities.
The company’s flagship Jackpot Blitz dealerless gaming system integrates traditional multiplayer poker games with cutting-edge digital technology, including gesture control, real-time statistics and automated reporting.
Jackpot Digital has received interest from casinos across Ontario, according to Friday’s news release, and intends to “immediately engage with gaming operators, exploring strategic partnerships to introduce its products to the Ontario market.”
Investors can expect news about additional licensing applications underway across Canada and the United States as it becomes available.
Leadership insights
“Receiving AGCO’s approval is a major milestone,” Jake Kalpakian, Jackpot Digital’s chief executive officer, said in a statement. “This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets. We are excited to bring our innovative products to Ontario’s gaming community and continue our commitment to providing exciting, technology-driven entertainment experiences.”
About Jackpot Digital
Jackpot Digital is a leading developer and provider of electronic gaming solutions. The company’s customers include Carnival Cruises, Princess Cruises, Holland America, AIDA and Costa Cruises, as well as land-based installations or orders in Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Saskatchewan, U.S. Virgin Islands and Washington, in addition to several international jurisdictions.
Jackpot Digital stock (TSXV:JJ) is unchanged trading at C$0.07 per share as of 12:26 pm ET. The stock is unchanged year-over-year but has given back 65 per cent since 2019.
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(Top photo: Jackpot Digital)