WHITEFISH, MT / ACCESSWIRE / July 14, 2015 / Jackpot Digital Inc. (TSX VENTURE: JP) (OTC: JPOTF), a reputable provider of innovative gaming software offering a multitude of multiplayer games, including poker and casino, recently entered into a partnership with the Woodham Group Inc. to build its horse racing fantasy business. Woodham is a strategic management company with a focus on horse racing and other gaming related businesses, and with a background in Internet and digital media solutions.
"We are extremely pleased with our new partnership to build our horse racing fantasy business," said Jackpot Digital President & CEO Jake Kalpakian. "Woodham and its principals have a vast amount of exposure, knowledge and relationships that will expedite commercial traction with the most respected entities within the industry. Their focus is building the business-to-business segment which will allow us to quickly ramp up revenue."
DerbyTournaments.com enables players to enter a horse racing contest by picking the horses they think will "win" or "place" from real-life professional race tracks. Winners get paid instantly when their selections score higher than other players in the contest. Players can play on their desktop browser, mobile browser, Android app, or iOS app. Attractive promotions - such as freerolls - will also be implemented to drive interest.
Investors in online poker stocks, such as Amaya Inc. (NASDAQ: AYA), which bought PokerStars and FullTilt in the past, or horse racing stocks, like Churchill Downs Inc. (NASDAQ: CHDN), which hosts the famous Kentucky Derby, may want to take a closer look at the stock given management's efforts to ramp up the launch of DerbyTournaments.com.
"Fantasy gaming is a hot space and we intend to exploit this with DerbyTournaments.com," added Mr. Kalpakian. "The company is currently working on a full pipeline of opportunities and we look forward to maximizing shareholder value."
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SOURCE: Emerging Growth LLC