Got Stocks from QualityStocks Ones To Watch

Got Stocks

Find out which Small-Cap / Micro-Caps should be on your radar. Get the news and information that moves the markets this week and the "Ones to Watch", only at QualityStocks. The "Quality" is Back in Stocks...

Untitled Document

Jackpot Digital, Inc. (JPOTF)

Jackpot Digital, Inc. is a foremost electronic table games (ETG) manufacturer and mobile gaming provider for the cruise ship industry and regulated casino industry. The Company specializes in multiplayer gaming products. This includes poker and casino games. Jackpot Digital provides its iGaming products and services to the business to consumer (B2C) and business to business (B2B) market. Jackpot Digital is headquartered in Vancouver, British Columbia.

In the Company's B2C model, it produces revenue from wagering activities by players. In its B2B model, its platform partners own the brand and finance the marketing. Usually, Jackpot Digital shares the revenue generated from its games. The Company charges its platform partners for value added services such as software customization.

Jackpot Digital also has a set of backend tools for operators to efficiently control and optimize their gaming business. The Company has its industry-leading PokerPro ETG (Electronic Table Games) system. At present, PokerPro is in operation with cruise lines, poker rooms, as well as casinos around the world.

Jackpot Digital bought the electronic table business unit from Multimedia Games in 2015. It comprises industry leading electronic poker tables under the PokerPro® brand name and a diverse multi-games table called ProCore™.

Jackpot Digital has its Real Vegas Casino. This is a full-featured social casino on Facebook. The Company offers mobile gaming on cruise ships. Jackpot Digital's plan is to bring its HTML5 mobile gaming technology from the Cruise Lines industry to the Hotel Industry.

In addition, the Company has its Jackpot Blitz™. This is its proprietary next generation gaming platform, which it states will transform the poker Electronic Table Games (ETG) segment of the casino industry. Jackpot Blitz™, through its state-of-the-art technology, provides a premier player experience to go with first-rate operator efficiency, flexibility, and profitability. Jackpot Blitz™ features a modern design with a huge 84 inch 4K touchscreen. It can accommodate ten players at the same time.

Recently, Jackpot Digital announced that it signed a significant Software License and Equipment Lease Agreement with a gaming operator to deploy the Company's next-generation Jackpot Blitz™ ETGs in their casinos.

Mr. Jake Kalpakian, Jackpot Digital President and Chief Executive Officer, stated "We are extremely excited to have signed this new agreement and we look forward to seeing positive revenue growth from these Jackpot Blitz™ ETGs in a number of new casino locations. This is a significant milestone for our Company and we are tremendously excited about our future. With our Jackpot Blitz™ ETG and upcoming product pipeline, we are well positioned to expand our market share in electronic table gaming."

Jackpot Digital also recently announced that through a newly incorporated and wholly-owned subsidiary company, Electrium Mining, Inc., it entered into a binding LOI (Letter of Intent) and a 90 day lock-up agreement with International Interactive Ventures of Ramat Gan Israel, and associated companies (Seller Group), as represented by Andrew Szabo, for the acquisition of all of the Seller Group's assets associated with cryptocurrency mining, blockchain technology, software and associated IP (Intellectual Property). The Assets include existing cryptocurrency mining operations located in a former NATO storage facility in Budapest, Hungary that has grown over the last year to greater than 180 cryptocurrency mining rigs.




The QualityStocks

Read the articles covering the biggest movers in the markets today.



Get answers to your questions about investing in Small-Cap / Micro-Cap Stocks markets.


The QualityStocks Daily

Go back to see our previous newsletters and find out what you might have missed.