Jackpot Digital Celebrates Ontario Licensing Approval: A New Era in Electronic Table Gaming Begins!
Vancouver, Canada – December 14, 2024 – Jackpot Digital Inc., a leading provider of dealerless electronic poker and table games, has achieved a significant milestone this week by securing a license to operate in Ontario’s competitive casino market. The announcement was made following approval from the Alcohol and Gaming Commission of Ontario (AGCO), allowing Jackpot to supply electronic table games to casinos and other regulated gaming facilities in the province.
Licensing Approval
The approval by AGCO designates Jackpot Digital as a registered Gaming Related Supplier, enabling the company to market its innovative electronic gaming systems throughout Ontario. In a statement, Jake Kalpakian, CEO of Jackpot Digital, expressed enthusiasm about the opportunity this license brings:
“This approval provides us with the opportunity to offer our top-tier electronic gaming systems to operators throughout all of Ontario, positioning us for further growth in one of the world’s most robust gaming markets,” he stated. Kalpakian emphasized the company’s commitment to delivering exciting, technology-driven entertainment experiences to the province’s gaming community.
Immediate Engagement with Operators
Shortly after the licensing news, Jackpot Digital reported receiving inquiries from various casinos across Ontario. The company plans to engage immediately with these gaming operators, indicating that the demand for their products is already being felt in the market.
The excitement comes on the heels of an earlier announcement where Jackpot Digital signed a letter of intent to supply two of its cutting-edge Jackpot Blitz machines to PENN Entertainment’s Boomtown Casino & Hotel located in New Orleans, Louisiana.
Innovations in Gaming Technology
The Jackpot Blitz machines feature advanced 4K technology touchscreens combined with card vending systems that replicate real card play. These machines allow real-time tracking of player statistics, bankrolls, and bonuses, creating a dynamic gaming experience. In addition to poker, the machines offer a library of games that includes classics like Baccarat and Blackjack.
Boomtown Casino, conveniently situated just 15 minutes from the vibrant French Quarter in New Orleans, hosts a wide array of gaming options with 800 slots and video poker games, alongside 30 table games. Each new installation of Jackpot machines is anticipated to contribute to Jackpot Digital’s monthly recurring revenue.
Future Growth Prospects
In addition to the recent developments in Ontario and Louisiana, Jackpot Digital has an array of licensing applications in progress across several jurisdictions in Canada and the United States. Kalpakian noted the increasing demand for Jackpot Blitz machines, saying, “We continue to experience significant demand for our products across the United States and worldwide. We anticipate our momentum will continue to build through 2024 and beyond as we acquire more licenses and expand our installation base.”
Jackpot Digital has successfully established land-based installations in various states including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, Oregon, Washington, and the U.S. Virgin Islands, along with Saskatchewan in Canada.
As Jackpot Digital continues to advance its footprint in the gaming industry, the recent licensing achievement in Ontario marks a pivotal step in the company’s strategic growth plan in this dynamic market.