Jackpot Digital (JPOTF): If You Game on Cruise Ships you Know These Guys

Stephen L Kanaval  |

Jackpot Digital Inc. (JPOTF) is a Canadian company that specializes in electronic table and mobile games for casinos and cruise ships.

The iGaming market is regarded by many analysts as a great opportunity. The size of the sector is growing and the potential is unlimited for the right players. Software that intrigues and feels polished will be a part of this growing sector and inferior products will be weeded out. Jackpot Digital although new to many investors has been around for a long time.

Started in 1999, JPOTF works with Carnival Cruise Lines, Real Las Vegas Casino and Tiger Gaming. The company works in two segments: operating and licensing. The operating side generates revenues from wagers and shares of the net profit, while licensing deals work where partners are charged for the platform and the software customization. There is also a social media side of the licensing deal that allows JPOTF to make money off the players’ purchases.

Electronic Table Games or ETF is a growing market that is predicated to reach $51 billion by 2018. In addition, the mobile gaming business (on smartphones) could exceed $100 billion by 2017. These markets are highly regulated around the world and JPOTF is well positioned to succeed in licensing and operating because of its experience in Las Vegas.

The company has an excellent reputation for software and operations. This is in part due to the core team of managers that have been around since the company’s inception. Jake H. Kalpakian and Bedo Kalpakian and the team of developers have worked together for years and it shows in the product. Jackpot Digital has unique products that are gathering important deals. As mentioned above, the company last year successfully rolled out software to Carnival Cruise Lines. At the time, according to the company, the deal put JPOTF on the map and garnered a lot of interest in the company’s products.

This year Kalpakian and JPOTG entered the Oklahoma Tribal Casino market. Oklahoma has more than 110 casino venues and this deal was through distributor Integrity Gaming. At the time, CEO & President Mr. Jake Kalpakian said, "Integrity is a leading distributor of some of the world's leading gaming equipment brands in the Oklahoma Tribal Market, and we are thrilled that they will be distributing the Company's e-poker tables." Mr. Kalpakian further states, "The combination of our industry leading PokerPro tables coupled with Integrity's strong brand and distribution network in Oklahoma should result into meaningful growth for the Company."

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