Exciting Technology Could be the Future of Gaming
Jack-pot Digital May Have Just Disrupted a Potential $227 Billion Global Gaming Market(1)
In most U.S. states, the gaming market makes about 65% to 80% of its revenue from sl-ots.(2)
Pok-er rooms, believe it or not, are the least profitable. While gaming establishments have kept pace with technology in sl-ot machines, games such as pok-er and many others haven’t been updated to benefit from digital advances that make the game more fun for players and more profitable for gaming rooms.
But with the introduction of Jack-pot Digital’s revolutionary digital pok-er tables, it appears that’s all about to change.
It’s potentially a big reason why casi-nos have started replacing pok-er tables with automated dealer-less tables. Automated games require little to no dealer intervention at far less cost.(4) To do so, casi-nos are turning to companies like Jack-pot Digital Inc. (Canada TSXV:(JJ) United States OTC:(JPOTF).
As an electronic table game manufacturer and mobile gaming provider, the company sees a huge market opportunity with 153 cruise ship casi-nos, 6,548 live pok-er tables in the U.S. and Canada, about 529 racetracks, in addition to 5,829 cas-inos scattered all over the world.(3)
All of which could find profound success with automated pok-er.
Jack-pot Digital Inc. Technically Attractive
Technically attractive since November 2020, according to historical and technical information, Jack-pot Digital stock ran from about five cents to a recent high of about 28 cents – good for a move of nearly 460%. At the moment, the stock is consolidating in a tight channel between about 18 cents and 37 cents. If it can break from consolidation, the stock may potentially have a strong bullish run.
In addition, the stock is also displaying bullish indicators, including its 20 – 100 Day MACD Oscillator, 20 – 200 Day MACD Oscillator, 50 – 100 Day MACD Oscillator, 50 – 150 Day MACD Oscillator, 50 – 200 Day MACD Oscillator, 100 Day Moving Average, 150 Day Moving Average, 200 Day Moving Average, and 100 – 200 Day MACD Oscillator.(6)
Who is Jack-pot Digital Inc.?
Jack-pot Digital Inc. is a leading electronic table game manufacturer and mobile gaming provider for the cruise ship industry and regulated onshore casi-no industry. The Company specializes in multiplayer gaming products, focusing on pok-er and casi-no games, complemented by a suite of backend tools for operators to efficiently control and optimize their gaming business.
Jack-pot Digital is a positive disruptor in the casi-no business. The company’s proprietary next-generation gaming platform, Jack-pot Blitz, is essentially a digital ‘smart table’ which brings the social benefits of multiplayer casi-no games, such as pok-er, blackjack and baccarat, into the digital era.
The 84-inch, 4k touchscreen creates a stunning player experience, all while maximizing operator efficiency, flexibility, and profitability.
- Jack-pot Blitz is a state-of-the-art electronic pok-er system that offers fully automated Texas Hold’em and Omaha cash games and tournaments.(3)
- Features 10 seats at each table in standard 8 seat (plus dealer) table square footage.(3)
- Web-based cashier and administration system allows for easy-to-use player management, account funding, and reporting functionality.(3)
- Prizes and payouts processed automatically through Jack-pot’s back-end platform.(3)
- Fewer staff required to take away table or floor space from players under social distancing policies.(3)
Jack-pot Digital Inc. Offers a Great Deal of Potential
Casi-nos around the country are seeking solutions to increase revenue and control costs of multi-player games like pok-er. In fact, according to Hospitality Upgrade:
On top of that, salaries often make it expensive to run a pok-er room. Retaining talented dealers is often time-consuming and challenging. Slow gameplay in between shuffling can limit rake revenues and profit. Plus, while tournaments can drive revenue, in the past they have come with high operational costs.(3)
That’s why casi-nos have just started to replace table game pits with automated games requiring little or no dealer intervention.(4)
Jack-pot Digital’s Jack-pot Blitz, for example:(3)
- Increases pok-er revenues and decreases costs. Many casi-nos pay upwards of 40-50% of pok-er Gross Gaming Revenue in dealer salaries, cards, chips, and other expenses.
- Jack-pot Digital operates on a revenue share lease, with Jack-pot Digital earning an attractive licensing royalty of the GGR from Jack-pot Blitz operations.
- Reduces expenses by eliminating dealers, cards, and chips.
- Removes HR headaches of dealer retention and recruitment.
- Increases rake revenues through faster and error-free gameplay.
- Automates tournaments allowing casi-nos to operate multi-table contests cheaper and more efficiently.
- Removes potential risks of money laundering and theft with its encrypted cashless wagering.
Source 2: https://bit.ly/3xv6lbh
Source 3: https://bit.ly/36ohKh2
Source 5: https://stockcharts.com/h-sc/ui?s=JJ.V
Source 6: https://www.barchart.com/stocks/quotes/JPOTF/opinion
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Address: 570 Granville Street Suite 400 Vancouver BC V6C 3P1 CA
Phone: +1 604 681-0204
Jack-pot Digital is a leading electronic table game manufacturer and mobile gaming provider for the cruise ship and onshore regulated casi-no industry. The Company specializes in multiplayer gaming products, focusing on pok-er and casi-no games, which are complemented by a robust suite of backend tools for operators to efficiently control and optimize their gaming business.