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Jackpot Digital expands with 100 new Jackpot Blitz units

Market News, Technology
TSXV:JJ
01 November 2024 13:42 (EST)
image of men and women surrounding a poker table at a casino

Source: Jackpot Digital.

Jackpot Digital Inc. (TSXV: JJ) continues to expand its presence with a new order for 100 additional Jackpot Blitz dealerless electronic poker tables.

In a news release, Jackpot Digital CEO Jake Kalpakian said the order emphasizes the company’s commitment to expanding its presence in land-based casinos.

“This order positions us to capitalize on growth in our order pipeline,” he said.

Jackpot is currently processing license applications in several North American jurisdictions, which will enable the company to accelerate the deployment of its electronic table games (ETGs) upon approval.

Kalpakian also said demand for Jackpot Blitz is increasing not only in North America but also in Europe and Asia, as it continues to expand its market presence for the rest of 2024 and beyond.

Notably, the company has made strides in the cruise ship sector, partnering with major lines such as Carnival and Princess Cruises, while also securing installations in 12 U.S. states, including California and Louisiana, as well as several international locations.

Jackpot Digital is recognized for its innovative approach in the casino industry, specializing in dealerless multiplayer poker tables equipped with comprehensive backend tools for operators. This expansion reflects the company’s strategy to strengthen its recurring revenue base while enhancing its market footprint.

Shares of Jackpot Digital are up 7.69 per cent to C$0.07 as of 9:36 am ET.

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(Top image: Jackpot Digital)


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