Latest news with #JackpotDigitalInc
Associated Press
3 days ago
- Business
- Associated Press
Jackpot Digital to Exhibit Jackpot Blitz Dealerless Poker Table at the 2025 WSOP in Las Vegas
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (FSE: LVH3) (the 'Company' or 'Jackpot') is pleased to announce that it is exhibiting its dealerless Jackpot Blitz® electronic poker table at the 2025 World Series of Poker ('WSOP'). The WSOP is currently underway and will continue until July 16, 2025, at the Paris Hotel & Casino in Las Vegas, Nevada. Jackpot Blitz® is a cutting-edge dealerless electronic poker table game designed to provide players with a fast-paced, interactive gaming experience. The machine blends the excitement of poker with advanced technology to create a seamless and immersive multiplayer live poker experience. Jackpot Blitz® dramatically reduces labor expenses and HR staffing, maximizing operational efficiencies for casinos and card rooms. Momentum continues to build as the Company executes its land-based expansion in North America and several international jurisdictions. In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Saskatchewan, U.S. Virgin Islands, Washington, as well as several international jurisdictions. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: [ This video cannot be displayed. Please visit the source: ] Cannot view this video? Visit: About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at On behalf of the Board of Jackpot Digital Inc. Jake H. Kalpakian President & CEO Trading in the securities of the Company should be considered speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain statements contained herein are 'forward-looking'. Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of To view the source version of this press release, please visit
Yahoo
3 days ago
- Business
- Yahoo
Jackpot Digital to Exhibit Jackpot Blitz Dealerless Poker Table at the 2025 WSOP in Las Vegas
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (FSE: LVH3) (the "Company" or "Jackpot") is pleased to announce that it is exhibiting its dealerless Jackpot Blitz® electronic poker table at the 2025 World Series of Poker ("WSOP"). The WSOP is currently underway and will continue until July 16, 2025, at the Paris Hotel & Casino in Las Vegas, Nevada. Jackpot Blitz® is a cutting-edge dealerless electronic poker table game designed to provide players with a fast-paced, interactive gaming experience. The machine blends the excitement of poker with advanced technology to create a seamless and immersive multiplayer live poker experience. Jackpot Blitz® dramatically reduces labor expenses and HR staffing, maximizing operational efficiencies for casinos and card rooms. Momentum continues to build as the Company executes its land-based expansion in North America and several international jurisdictions. In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Saskatchewan, U.S. Virgin Islands, Washington, as well as several international jurisdictions. To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: Cannot view this video? Visit: About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at On behalf of the Board of Jackpot Digital Inc. "Jake H. Kalpakian"_____________________________Jake H. KalpakianPresident & CEO Trading in the securities of the Company should be considered speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", "in due course" and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur. To view the source version of this press release, please visit
Associated Press
01-05-2025
- Business
- Associated Press
Jackpot Digital Establishes US$4MM Credit Line Facility for Table Deliveries
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the 'Company' or 'Jackpot') announces that further to its news release dated April 1, 2025, the Company has received Exchange approval in respect to the secured non-revolving lines of credit agreements with two Lenders, one arm's length party and, one non-arm's length party, in the aggregate principal amount of up to US$4,000,000 (the 'Line of Credit'). Drawdowns on the Line of Credit will be available in multiples of USD$24,000 and carry interest at a rate of 15% per annum on the drawdown amount. All amounts owing under the Line of Credit will be repayable by maturity, December 31, 2028. The drawdowns are intended to support the manufacturing and distribution of Jackpot Blitz® electronic dealerless table games ('ETGs'). If the Company draws down the entire US$4,000,000, the cost to the Company will be US$5,800,000 which includes the interest payment of US$1,800,000. Under the terms of the LOC Agreements, there is a possible conversion feature which may be triggered if any principal or interest under the promissory notes remain outstanding. In such an event, the Lenders may elect to convert all or a portion of the outstanding principal and any accrued and unpaid interest into common shares of the Company, subject to the approval of the TSX Venture Exchange. President and CEO Mr. Jake Kalpakian states, 'This is a major milestone for the Company. The credit line facility provides additional operating flexibility and will allow us to meet customer demand immediately by swiftly delivering our Jackpot Blitz® ETGs to our casino customers. It also gives us for the first time the capability to distribute our Jackpot Blitz® ETGs in much larger volumes.' Any securities that may be issued in connection with the LOC Agreements will be subject to resale and transfer restrictions under applicable securities laws and regulations in Canada and the United States. One of the lenders is a Trust, whose trustee is an insider of the Company. This transaction is considered a related party transaction within the meaning of Multilateral Instrument 61-01 Protection of Minority Security Holders in Special Transactions ('MI 61-101"). The Company is relying on exemption from the formal valuation and minority shareholder approval requirements provided under section 5.7(f) of Multilateral Instrument 61-101. No new insiders and no control persons were created in connection with the closing of the transaction. About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681-0204 ext. 6105, or visit the Company's website at On behalf of the Board of Jackpot Digital Inc. 'Jake H. Kalpakian' _________ Jake H. Kalpakian President & CEO Trading in the securities of the Company should be considered speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain statements contained herein are 'forward-looking'. Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of To view the source version of this press release, please visit
Associated Press
25-03-2025
- Business
- Associated Press
Jackpot Digital Goes Live at Chumash Casino Resort in California
Vancouver, British Columbia--(Newsfile Corp. - March 25, 2025) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the 'Company' or 'Jackpot Digital'), a leading provider of dealerless electronic poker tables to the global gaming industry, is pleased to announce it has successfully installed two of its dealerless Jackpot Blitz® poker tables ('ETGs'), which are now live at Chumash Casino Resort located in Santa Ynez, California. The installation is part of Jackpot Digital's ongoing efforts to expand its presence in the land-based casino gaming industry, with a focus on enhancing the customer experience through innovative and engaging poker ETGs. The Company aims to enhance the customer experience while meeting the evolving needs of casino operators and players. In addition to Jackpot Digital's cruise ship customers, which include Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises, Jackpot Digital has announced land-based installations or orders in Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Saskatchewan, U.S. Virgin Islands, Washington, as well as several international jurisdictions. To view a short video of Jackpot Digital's Brand Ambassador, Pro Football Hall of Fame and Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below: [ This video cannot be displayed. Please visit the source: ] About Jackpot Digital Inc. A positive disruptor in the casino business, Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings. For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at On behalf of the Board of Jackpot Digital Inc. 'Jake H. Kalpakian' _____________________________ Jake H. Kalpakian President & CEO Trading in the securities of the Company should be considered speculative. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Certain statements contained herein are 'forward-looking'. Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as 'may', 'would', 'could', 'will', 'likely', 'enable', 'feel', 'seek', 'project', 'predict', 'potential', 'should', 'might', 'objective', 'believe', 'expects', 'propose', 'anticipate', 'intend', 'plan', 'plans' 'estimate', 'in due course' and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.
Globe and Mail
20-03-2025
- Business
- Globe and Mail
Electronic Table Games Boom: The Next Big Play in the Casino Industry
Electronic Table Games (ETGs) have quickly gained popularity in casinos across the United States, Canada, and internationally. While dealerless electronic versions of many casino games have been in existence for decades, advancements in technology have significantly improved their appeal. As a result, these games have become a staple in modern casinos, attracting a growing number of players and increasing market share. The surge in ETG popularity can largely be attributed to their timely emergence as a solution to post-pandemic challenges. After COVID-related lockdowns, casinos faced both labor shortages and increased demand for table games that minimized face-to-face interaction. Simultaneously, rapid technological advancements made ETGs more engaging and efficient. As casino managers recognized that players enjoyed these games all while reducing costs, ETGs quickly became a permanent fixture on gaming floors. According to some industry estimates, revenue from Electronic Table Games is expected to reach approximately $2 billion in 2024 and could increase to nearly $3.5 billion by 2030. With such strong growth projections, ETGs have become a sector worth watching in both the short and long term. Several companies poised to benefit from the growth of Electronic Table Games (ETGs) include Light & Wonder Inc. (Nasdaq: LNW), IGT (NYSE: IGT), and Jackpot Digital Inc. (TSX-Venture: JJ) (OTCQB: JPOTF). Light & Wonder, Inc., formerly known as Scientific Gaming, provides gambling products and services. Light & Wonder's gaming division provides products such as slot machines, table games, shuffling machines, and casino management systems. When discussing ETG growth, here's what Executive Vice President and Chief Technology Officer at Light & Wonder, Victor Blanco had to say. 'We'll see the adoption rates of ETGs grow as more players embrace the excitement, convenience and expanded connectivity of ETGs, and as operators realize the total benefits that ETGs have for their operation. (Source: Another large cap in the space, International Game Technology PLC (IGT) provides gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. While the above two companies are embracing ETG's in their overall product mix, a pure-play on ETG's can be found with Jackpot Digital Inc. (TSX-Venture:JJ) (OTCQB:JPOTF). This micro-cap is the leading manufacturer of electronic dealerless multiplayer poker tables, with virtually no competition in the subsector of poker ETGs. The Company's business model is simple: install its unique, automated, electronic dealerless poker machines on cruise lines, as well as regulated land-based casinos, in exchange for a share of the gross gaming revenue generated by those machines. Each new table deployed adds to the monthly recurring revenue of the company. From 2015 – 2023, the Company's largest customer and primary source of revenue has been Carnival Cruises with machine installations on approximately 50 vessels. After the pandemic in late-2021, the Company endeavored to expand its business into regulated land-based casinos and redesigned its Jackpot Blitz® machines to accommodate the regulated land-based casino market. As a North America-based company, Jackpot Digital first introduced the Jackpot Blitz® machines to U.S. tribal-owned Indian Gaming casinos with positive initial uptake. Since 2022, the Company signed a Master Agreement with Penn Entertainment, the largest regional gaming operator in the United States. In addition to its Penn deal, the Company has signed several licensing deals with Indian casinos, as well as a growing list of commercial casinos throughout the United States. In Canada, it has signed a Master Agreement with Saskatchewan Indian Gaming Authority, which operates 7 casinos across the province of Saskatchewan. The Company recently was approved by AGCO (Ontario – Canada's most populous province) and has expansion plans across that province due to expressed demand from commercial casinos in Ontario. Jackpot Digital just announced that it had signed a master leasing agreement with Loto-Québec, which is the monopoly and sole casino operator in the province of Quebec, Canada's second largest province by population. For the year to date (April 1 to December 31, 2024), Loto-Québec reported revenue of $2.23 billion, a 6% increase year-over-year, with a net income of $1.13 billion, up 5.2%. These strong financial results position Loto-Québec as a major North American casino operator. (Source: The initial order from Loto-Québec is for twelve (12) Jackpot Blitz® casino machines, and the Company will be in discussions to expand Jackpot Blitz® deployments across the Province of Québec, as a part of Loto-Québec's poker strategy. Jackpot Digital is also planning an expansion into new cruise lines. Royal Caribbean is currently testing installations on its vessels with product deployments expected in 2025. The Company also continues to see strong interest in their product among several international markets. Another way to play this growth area in the gaming space, although less directly, is through a global gaming company such as MGM Resorts International (NYSE:MGM). The COVID pandemic disrupted businesses worldwide, but it also sparked the emergence and rapid growth of new industries, including the Electronic Table Games (ETG) sector. One thing is certain—society has a strong passion for gaming. As long as that enthusiasm continues, demand for companies in this industry is expected to grow. All opinions and information provided above are intended for educational and research purposes only. The information provided above should be used as a starting point for conducting any research on the public companies discussed. All readers should do their own due diligence and research when determining which investment strategies are best suited for them or seek the advice of an investment professional prior to making an investment decision. The profiles of the above discussed public companies are not in any way a solicitation or a recommendation to buy, sell or hold their securities. While Jackpot Digital Inc. is a digital advertising client of this article was written independently and was not compensated. Any forward-looking statements set forth in the article above are based on expectations, estimates and projections at the time such statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of words such as 'projects,' 'foresees' 'expects,' 'will,' 'anticipates,' 'estimates,' 'believes,' 'understands' or by statements indicating certain actions 'may,' 'could' or 'might' occur. There is no guarantee past performance will be indicative of future results or that any such forward-looking projections will occur. For a complete disclaimer, investors are encouraged to click here: View more of this article on About Media, Inc.: Founded in 1999, is one of North America's leading platforms for micro-cap insights. Catering to both Canadian and U.S. markets, we provide a wealth of resources and expert content designed for everyone—from beginner investors to seasoned traders. is rapidly gaining recognition as a leading authority in the micro-cap space, with our insightful content prominently featured across numerous top-tier financial platforms, reaching a broad audience of investors and industry professionals. Want to showcase your company's story to a powerful network of investors? We can help you elevate your message and make a lasting impact. Contact us today. Contact: Media, Inc.
