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Jackpot Digital expands with 100 new Jackpot Blitz units

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| November 1, 2024

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  • Jackpot Digital (TSXV:JJ) has placed an order for 100 additional Jackpot Blitz dealerless electronic poker tables.
  • The company is experiencing strong demand in North America and international markets, with ongoing license applications in various jurisdictions to support deployment.
  • Jackpot’s customer base includes major cruise lines and installations in 12 U.S. states, reflecting a growing presence in the cruise ship and land-based casino sectors.
  • Shares of Jackpot Digital are up 7.69 per cent to C$0.07 as of 9:36 am ET.

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.

Join the discussion: Find out what everybody’s saying about this stock on the Jackpot Digital Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image: Jackpot Digital)




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