Jackpot Digital (JPOTF) Stock News

Jackpot Digital Inc. (JPOTF) has secured an agreement to install two Jackpot Blitz® electronic table games (ETGs) at Paragon Casino Resort in Marksville, Louisiana. The company has obtained necessary gaming licenses from both the Tunica-Biloxi Tribal Gaming Commission and Louisiana Indian Gaming Unit for operating in tribal jurisdictions. Jackpot Blitz® is a state-of-the-art dealerless poker platform featuring a 75-inch touchscreen tabletop that combines traditional poker with modern technology. The system is designed to enhance casino operational efficiency while providing an engaging player experience. The company has positioned itself as the world's leading provider of dealerless electronic poker table games.

Jackpot Digital (JPOTF) will showcase its flagship Jackpot Blitz electronic poker table at the Canadian Gaming Summit in Toronto on June 18-19, 2025. The company's dealerless ETG features a 75-inch touchscreen tabletop that combines traditional poker with modern technology, designed to improve casino operational efficiency. The Canadian Gaming Summit, now in its 28th year, attracts over 3,000 industry professionals. Jackpot Digital's current customer base includes major cruise lines like Carnival, Princess, Holland America, AIDA, and Costa Cruises, along with land-based installations across multiple U.S. states, Canadian provinces, and international jurisdictions.

Jackpot Digital (JPOTF) has successfully installed its Jackpot Blitz® dealerless poker electronic table game at Treasure Island Resort & Casino in Welch, Minnesota. The innovative ETG eliminates traditional dealers, offering a faster and more efficient gaming experience while maintaining player engagement. This installation adds to Jackpot Digital's expanding presence in land-based casinos across North America and international markets. The company's customer base includes major cruise lines like Carnival, Princess, Holland America, AIDA, and Costa Cruises, with announced installations in multiple U.S. states including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, as well as Canadian provinces and international locations.

Jackpot Digital (JPOTF) has completed the installation of two additional Jackpot Blitz electronic table games (ETGs) at Northern Waters Casino Resort in Watersmeet, Michigan, doubling their poker offering from two to four tables. The new four-table poker room is now operational, with the casino reporting highly favorable responses from both players and management. Jackpot Blitz is a dealerless electronic poker ETG providing an immersive multiplayer experience. The company's ETGs are currently deployed across major cruise lines including Carnival, Princess, Holland America, AIDA, and Costa Cruises, as well as various land-based casinos throughout North America and international jurisdictions.

Jackpot Digital (JPOTF) has successfully installed its Jackpot Blitz electronic poker table at Acropolis Gaming Lounge in Kingston, Jamaica. Jackpot Blitz is an automated, dealerless casino poker table system that enhances gaming efficiency while maintaining player engagement. The company has a strong presence in the cruise industry, partnering with major lines including Carnival, Princess, Holland America, AIDA, and Costa Cruises. Jackpot Digital has also expanded its land-based operations across multiple U.S. states including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, as well as Saskatchewan, Canada, the U.S. Virgin Islands, and other international markets.

Jackpot Digital (JPOTF) has secured an agreement to install five Jackpot Blitz® dealerless poker machines at Win-River Resort & Casino in Redding, California. This represents an increase from a previous three-table order that was cancelled in 2022 due to GLI certification delays. With GLI certification now obtained, Win-River has renewed and expanded their order. The Jackpot Blitz® features a 75" touchscreen tabletop and offers automated dealerless poker gaming. The company's customer base includes major cruise lines like Carnival, Princess, Holland America, AIDA, and Costa Cruises, along with land-based installations across multiple U.S. states, Canada, and international jurisdictions.

Jackpot Digital (JPOTF) announces its participation in the 2025 World Series of Poker (WSOP) at Paris Hotel & Casino in Las Vegas, where it will showcase its Jackpot Blitz electronic poker table. The dealerless poker table features advanced technology for an immersive multiplayer experience while reducing casino labor costs and HR staffing requirements. The company has established a significant presence in the cruise industry, with customers including Carnival, Princess, Holland America, AIDA, and Costa Cruises. Jackpot has also secured installations or orders across multiple U.S. states including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Washington, as well as Saskatchewan, U.S. Virgin Islands, and several international markets.

Jackpot Digital (JPOTF) has secured a US$4 million credit line facility to support the manufacturing and distribution of its Jackpot Blitz® electronic dealerless table games. The credit line, approved by the Exchange, involves two lenders and allows drawdowns in multiples of US$24,000 at a 15% annual interest rate, maturing on December 31, 2028. If fully drawn, the total cost will be US$5.8 million, including US$1.8 million in interest payments. The facility includes a conversion feature allowing lenders to convert outstanding amounts into company shares, subject to TSX Venture Exchange approval. CEO Jake Kalpakian highlighted this as a major milestone, enabling immediate delivery capabilities and larger volume distribution of Jackpot Blitz® ETGs to casino customers.

Jackpot Digital (OTCQB: JPOTF) has secured non-revolving lines of credit agreements with two lenders for up to US$4,000,000 to manufacture and distribute Jackpot Blitz® electronic table games (ETGs). The credit facility allows drawdowns until January 1, 2027, with full repayment required by December 31, 2028.

In case of default, lenders may convert outstanding principal and interest into company shares at a discounted market price. The agreements aim to increase manufacturing capacity to meet growing customer demand and enable larger production volumes. The credit agreements require TSX Venture Exchange approval and include securities resale restrictions under Canadian and US regulations.