Jackpot Digital Inc Stock Price, News & Analysis

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.

Jackpot Digital (OTCQB: JPOTF) has successfully installed two dealerless Jackpot Blitz® electronic poker tables at Chumash Casino Resort in Santa Ynez, California. This installation marks another milestone in the company's expansion strategy in the land-based casino gaming industry.

The company's electronic table games (ETGs) are currently deployed across various markets, including multiple cruise lines such as Carnival Cruises, Princess Cruises, Holland America, AIDA, and Costa Cruises. Jackpot Digital has also secured installations or orders in numerous jurisdictions across Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, along with several international locations.

Jackpot Digital (OTCQB: JPOTF) has secured a master leasing agreement with Loto-Québec's casino division for an initial order of twelve Jackpot Blitz® electronic multiplayer dealerless poker tables. The deployment is scheduled for March 2025 across four Loto-Québec properties: Casino de Montréal, Casino du Lac-Leamy, Casino de Mont-Tremblant, and Casino de Charlevoix.

The Jackpot Blitz® tables will offer players:

• Socially interactive multiplayer poker action
• Tournaments
• Upcoming exciting in-table side-action and mini-games

Following the initial deployment, both parties will discuss potential expansion of Jackpot Blitz® installations throughout Loto-Québec properties across Quebec province as part of Loto-Québec's poker strategy.

Jackpot Digital (TSXV: JJ, OTCQB: JPOTF) has successfully installed its first Jackpot Blitz® dealerless poker table at Dakota Dunes Casino in Saskatchewan, Canada. The installation was completed in partnership with Canadian distributor R2 Gaming.

The casino is operated by the Saskatchewan Indian Gaming Authority (SIGA), which manages seven of Saskatchewan's nine casinos. This installation marks another step in Jackpot Digital's expansion in the land-based casino gaming industry.

The company's presence extends beyond Saskatchewan, with installations or orders across multiple jurisdictions including cruise lines (Carnival, Princess, Holland America, AIDA, Costa) and various U.S. states (California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, Oregon, Washington) as well as the U.S. Virgin Islands and other international locations.

Jackpot Digital (OTCQB: JPOTF) announces that Seneca Gaming has doubled its initial order of Jackpot Blitz® tables from two to four units. The electronic poker tables are scheduled for installation at Seneca's Salamanca property in Q2 2025.

The Jackpot Blitz® is a fully automated dealerless poker electronic table game featuring a 75" touchscreen tabletop. The system combines traditional poker with modern technology, catering to both experienced and new players.

The company's presence extends beyond Seneca Gaming, with installations across multiple cruise lines including Carnival, Princess, Holland America, AIDA, and Costa Cruises. Jackpot has also secured land-based installations or orders across various jurisdictions in Canada and the U.S., including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New Mexico, New York, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington.

Jackpot Digital (JPOTF) has achieved a significant milestone by receiving its first state-issued gaming license in the United States from the Maine Gambling Control Unit (MGCU). This license enables the company to install its casino machines throughout Maine, expanding beyond their previous U.S. presence which was to Indian Gaming casino partnerships.

The company's flagship product, Jackpot Blitz® ETG, is a modern dealerless poker gaming solution that combines traditional multiplayer poker with digital technology. CEO Jake Kalpakian highlighted this approval as a major accomplishment that opens opportunities for expansion into larger state-regulated commercial casinos.

Jackpot Digital currently operates across various cruise lines including Carnival, Princess, Holland America, AIDA, and Costa Cruises. The company has also secured installations or orders in multiple North American jurisdictions including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Saskatchewan, U.S. Virgin Islands, and Washington, along with several international locations.

Jackpot Digital Inc. (JPOTF) has received a repeat order from Northern Waters Casino Resort in Michigan for two additional Jackpot Blitz® electronic table games (ETGs), doubling their total to four machines. This expansion follows the successful initial installation of two units at the Watersmeet, Michigan location.

The casino's General Manager, John McGeshick, noted strong player satisfaction with the existing machines, prompting the expansion. Jackpot Blitz® is a dealerless electronic poker ETG offering fast-paced, interactive gaming experiences.

Beyond this installation, Jackpot Digital maintains a presence in the cruise industry with customers including Carnival, Princess, Holland America, AIDA, and Costa Cruises. The company has also secured land-based installations or orders across multiple U.S. states, Canada, and international jurisdictions.