- August marked the highest revenue month recorded by Jackpot Digital (JJ) since February 2020
- During August 2022, Jackpot Digital generated C$128,566 in revenues from the cruise ship industry
- The company attributes its strengthening revenues to the general relaxation of COVID-19-related travel restrictions
- Jackpot Digital is a leading electronic table games manufacturer for the cruise ship industry and regulated casino industry
- Jackpot Digital Inc. (JJ) opened trading at C$0.045
Jackpot Digital (JJ) announced that August marked the highest revenue month recorded by the company since February 2020.
The company attributes its strengthening revenues to the general relaxation of COVID-19-related travel restrictions resulting in a significant uptick in bookings by the major operators of the cruise ship and casino gaming industries.
President and chief executive officer Jake Kalpakian commented on the positive news.
“As COVID-19 restrictions are easing, our financial results continue to improve. During August 2022, we generated C$128,566 in revenues from the cruise ship industry segment, making it the highest revenue generated to date since February 2020, which was the last full month of operations before sweeping COVID-19 restrictions took effect. We expect this positive trend to continue as restrictions ease.”
Mr. Kalpakian continued,
“Furthermore, our order interest from the land-based casino industry segment is growing and is building momentum. Our pipeline of new business is getting stronger and attributable to a broader range of casino operators. Inflationary salary pressures, combined with the significant shortage of dealer/casino employees, have made our product more attractive than ever before. The company is uniquely positioned to take advantage of the macro trend toward automation in the casino industry. Through the innovative dealer less technology of Jackpot Blitz, casinos are quickly recognizing the benefits of more revenues by dealing more hands per hour while at the same time drastically reducing costs and eliminating operational/employee requirements all at once.”
Jackpot Digital is a leading electronic table games manufacturer for the cruise ship industry and regulated casino industry. The company specializes in multiplayer gaming products, including poker and casino games, complemented by a suite of tools for operators to control and optimize their gaming business.
Jackpot Digital Inc. (JJ) opened trading at C$0.045.
