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Jackpot Digital Secures Approval from Louisiana Gaming Control Board
TMX Newsfile· 2026-03-31 12:37
Core Viewpoint - Jackpot Digital Inc. has received manufacturer and supplier permits from the Louisiana Gaming Control Board, allowing the company to supply its Jackpot Blitz® dealerless electronic table games to licensed casinos in Louisiana, marking a significant expansion in a key gaming market [1][5]. Group 1: Company Developments - The company has planned installations in partnership with a leading national casino operator in Louisiana [2]. - This approval in Louisiana is the fourth state-level license obtained by the company in the U.S., following approvals in Michigan, Mississippi, and Maine, enabling broader market access [4]. - The company aims to expand its presence in land-based casinos across the U.S. and globally, with its flagship product already installed in various U.S. tribal casinos and cruise ships [5][6]. Group 2: Market Context - Louisiana is one of the largest commercial gaming markets in the U.S., with 24 casinos generating approximately US$2.5 billion in annual adjusted gross revenue in 2025, providing a high-value expansion opportunity for Jackpot Digital [3]. - The state’s casino market is anchored in major population centers, enhancing the potential for multi-venue expansion for the company [3]. Group 3: Strategic Goals - The approval in Louisiana supports the company's strategy to accelerate its go-to-market approach and lays the groundwork for international expansion of its Jackpot Blitz® ETGs [6]. - The company is actively pursuing additional licensing applications in other U.S. jurisdictions and international markets to drive recurring revenue growth from its ETG platform [6].
Jim Cramer Explains Why He Does Not Think “PENN Entertainment Is Going Anywhere”
Yahoo Finance· 2026-03-27 18:01
Group 1 - PENN Entertainment, Inc. (NASDAQ:PENN) operates in the gambling industry, providing sports content, casino gaming, and online betting experiences through various platforms including racetracks and mobile apps [3] - The company has physical casinos in the US and is expanding its digital gaming and sports-betting platform [3] - Recent performance has been disappointing, with shares declining after third quarter earnings missed expectations and the end of its partnership with ESPN negatively impacting investor sentiment [3] Group 2 - There is a belief that while PENN has potential, certain AI stocks may offer greater upside potential and carry less downside risk [4]
Table Trac, Inc. Reports Year End Results for 2025
Globenewswire· 2026-03-24 13:26
Financial Performance - Table Trac, Inc. reported record gross profit and maintenance revenue of $6.15 million, reflecting a 14.4% increase over the previous year, with maintenance revenue accounting for 55.7% of total revenues [1] - Total revenue for the year ended December 31, 2025, was approximately $11.0 million, with operating income around $1.6 million [4] - Earnings per share increased to $0.35, diluted [3] Revenue Growth - Other revenue increased by 13.2% due to higher recurring monthly fees from DataTrac and SlotSuite [2] - The CasinoTrac system was installed in eight new locations during 2025, expanding the company's reach [2] Dividends and Shareholder Returns - Table Trac declared and paid quarterly dividends of $0.02 per share in each of the four quarters of 2025 [2] Market Presence and Product Development - The company has casino management systems and related products installed with approximately 115 casino operators across over 300 casinos worldwide [2][6] - Table Trac continues to enhance its market presence by improving system features and developing additional products [6]
Galaxy Gaming® Brings Iconic MONOPOLY® Magic To Table Games At IGA 2026
Globenewswire· 2026-03-23 13:00
Core Insights - Galaxy Gaming, Inc. is showcasing its latest innovations at the Indian Gaming Tradeshow & Convention (IGA), emphasizing its leading portfolio of casino table games and technology designed to enhance performance on the casino floor [1][2]. Product Innovations - The company has introduced MONOPOLY-branded table games through an exclusive licensing agreement with Hasbro, combining familiar brand elements with innovative mechanics and progressive features to create a premium player experience [3][4]. - GOS Sapphire, the next-generation table game operating system, features advanced jackpot configurations and real-time digital tracking, enhancing player engagement and operational efficiency [5][6]. Game Portfolio - Galaxy Gaming offers a comprehensive library of table games, including popular titles like 21+3®, Lucky Ladies®, and EZ Baccarat, designed to perform across various tribal casino environments [7]. - The Player's Edge 21® game with the Monster Match™ Progressive is also highlighted, featuring engaging animations and multipliers of up to 10X [8].
Jackpot Digital Goes Live at Monte Carlo Gaming Lounge in Jamaica
TMX Newsfile· 2026-03-18 12:37
Core Insights - Jackpot Digital Inc. has successfully launched its Jackpot Blitz® Electronic Table Games at Monte Carlo Gaming Lounge in Kingston, Jamaica, marking its third installation in the country [2][3]. Company Overview - Jackpot Digital is recognized as the world's leading manufacturer of dealerless multiplayer electronic poker tables, providing innovative gaming solutions to casinos globally [2][6]. - The company specializes in the development and deployment of electronic table games (ETGs), which offer cost-effective alternatives to traditional live-dealer games [6]. Product Features - Jackpot Blitz® features a 75" touchscreen and an intuitive interface, allowing casinos to operate cash games and tournaments 24/7. The platform supports multiple table games and provides real-time reporting and game management [4]. - The design of Jackpot Blitz® aims to increase hands per hour while reducing operational costs for casinos [4]. Market Expansion - The installation at Monte Carlo Gaming Lounge strengthens Jackpot Digital's international presence, which includes deployments on major cruise lines and land-based installations across the U.S., Canada, and other jurisdictions [3][5]. - The company is licensed in various locations, including Maine, Mississippi, and the U.S. Virgin Islands, as well as several international jurisdictions and tribal casinos [5].
Concrete Leveling Systems, Inc. Provides Corporate Update
Globenewswire· 2026-03-06 18:17
Company Overview - Jericho Associates, Inc. is a Nevada corporation focused on the acquisition, development, and operation of commercial and Tribal Government projects in the casino gaming, hospitality, entertainment, and leisure industries [2] - Jericho became the gaming and hospitality division of Concrete Leveling Systems, Inc. in March 2017 [2] Current Initiatives - The company is finalizing business terms for two separate Memorandums of Understanding (MOUs) related to its commercial gaming and hospitality initiatives [3] Development Projects - The first MOU pertains to Phase 1A of a potential 113-acre hotel and casino development, which will include restaurants, entertainment venues, and related amenities [4] - Jericho will identify financing resources and develop and operate the casino and hotel resort facilities for Phase 1A, which will feature slot machines, table games, sportsbook operations, restaurants, lounges, and entertainment venues [5] - The second MOU updates a previously disclosed commercial gaming and entertainment development project within an existing 1,100-acre master-planned resort community, which includes various residential and recreational amenities [6] - Jericho will develop and operate a casino and restaurants in this master-planned community, catering to a new internationally-branded resort hotel with 140 guest rooms and 40 condominium units [7] Executive Management Team - The Jericho Executive Management Team has over 140 years of combined specialized knowledge in U.S. domestic and international markets [8] - Anna M. Morrison, CPA, has joined as Chief Financial Officer, bringing over 30 years of experience in financial operations, major acquisitions, and risk management in the gaming and hospitality sectors [8][10] Strategic Outlook - Tribal gaming opportunities are becoming increasingly limited, presenting significant barriers to entry due to complex regulatory environments and political considerations [11] - Certain previously pursued Tribal gaming initiatives have been placed on hold due to external factors such as competing projects and shifting Tribal priorities [12] - Jericho's management continually evaluates current and future gaming opportunities to ensure resources are allocated to the most strategically valuable initiatives [13]
Galaxy Gaming® and Hasbro® Launch MONOPOLY® Blackjack Progressive Across Metropolitan Casinos in the UK
Globenewswire· 2026-01-26 14:00
Core Insights - Galaxy Gaming, Inc. has launched MONOPOLY Table Games Progressive in the UK, starting with MONOPOLY Blackjack Progressive in major casinos in London [1][2] - This marks the first introduction of MONOPOLY-branded progressive table games in the UK, facilitated by an exclusive licensing agreement with Hasbro, Inc. [2] - The MONOPOLY Blackjack Progressive features Mr. MONOPOLY, who enhances gameplay by awarding multipliers of up to 10x, aiming to attract both experienced and new players [3] Company Overview - Galaxy Gaming is headquartered in Las Vegas and specializes in developing and distributing innovative games and technology solutions for both physical and online casinos globally [5] - The company holds over 130 licenses worldwide, including in 28 U.S. states and more than 30 countries [5] Partnership and Market Position - The launch of MONOPOLY Blackjack Progressive is a result of a strong partnership with Metropolitan Gaming, which operates several premier casinos in the UK [4][11] - Metropolitan Gaming emphasizes its commitment to delivering innovative gaming experiences and enhancing customer engagement through collaborations like this [4][11]
Jackpot Digital Receives License from Michigan Gaming Control Board
TMX Newsfile· 2025-12-18 13:37
Core Viewpoint - Jackpot Digital Inc. has received a supplier gaming license from the Michigan Gaming Control Board to operate its Jackpot Blitz® electronic table games in commercial casinos throughout Michigan, marking a significant step in its North American expansion [1][2]. Group 1: Company Expansion - The addition of Michigan to Jackpot Digital's list of jurisdictions is a major milestone, allowing the company to introduce its innovative Jackpot Blitz® ETGs to a dynamic gaming market [2][3]. - The company plans to initiate installations in Detroit commercial casinos in the first quarter of 2026, further solidifying its presence in the North American market [3]. Group 2: Product Offering - Jackpot Digital specializes in dealerless multiplayer electronic poker ETGs, providing casinos with efficient and cost-effective alternatives to traditional live-dealer games [4]. - The Jackpot Blitz® ETGs combine the excitement of live poker with the advantages of digital gameplay, enhancing the player experience and optimizing gaming offerings for operators [2][4]. Group 3: Licensing and Market Presence - Jackpot Digital is already licensed in several jurisdictions, including Maine, Mississippi, and the U.S. Virgin Islands, as well as various international markets [3]. - The company holds licenses for tribal casinos in multiple states, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New York, and Oregon, indicating a broad market reach [3].
Evolution and Galaxy Gaming Extend Merger Agreement as Acquisition Progresses; Remaining Regulatory Approvals are Anticipated in Q1 2026
Globenewswire· 2025-11-25 13:00
Core Insights - The merger between Galaxy Gaming, Inc. and Evolution Malta Holding Limited is progressing, with Mississippi's regulatory approval secured, leaving only two jurisdictions pending approval [1][3] - The merger agreement has been extended to July 17, 2026, demonstrating both companies' commitment to completing the transaction and enhancing innovation in the gaming industry [2][4] Regulatory Approval Process - The companies expect to receive the necessary regulatory approvals in the first quarter of 2026, with Mississippi's approval already obtained in November 2025 [3] - Both companies are actively collaborating with regulators to fulfill the remaining gaming approvals by the extended deadline [3][4] Company Statements - Evolution's CEO expressed confidence in the merger's progress and emphasized the importance of Galaxy Gaming's innovative products in strengthening Evolution's market position [4] - Galaxy Gaming's CEO highlighted the merger as a significant opportunity for both companies to enhance customer experiences across various gaming channels [4] Post-Merger Strategy - After the merger, Galaxy Gaming will operate as an independent business unit within Evolution, maintaining its unique culture while benefiting from Evolution's global resources [4] - The focus will be on driving omni-channel innovation and creating additional value for partners and players worldwide [4]
Join Jackpot Digital's Exclusive Live Investor Webinar and Q&A Session on December 3, 2025
Newsfile· 2025-11-21 13:37
Core Insights - Jackpot Digital Inc. is hosting an exclusive investor webinar on December 3, 2025, featuring insights from President and CEO Jake Kalpakian [2][3] - The company is recognized as a global pioneer in dealerless electronic poker tables, focusing on capital-efficient growth in the gaming technology sector [3][5] - Jackpot's flagship product, Jackpot Blitz®, is a 75" 4K touchscreen that automates multiplayer poker, addressing labor cost issues and enhancing revenue for casino operators [3] Company Overview - Jackpot Digital is a leading provider of electronic poker table games, offering innovative solutions that are cost-effective and revenue-generating compared to traditional live-dealer games [5] - The company has established partnerships with major cruise lines like Carnival and Royal Caribbean, as well as land-based operators such as PENN Entertainment and Loto-Québec, facilitating its expansion into regulated casinos globally [3] - The electronic table game market is projected to reach US$3.42 billion by 2031, positioning Jackpot to capture significant market share due to its scalable recurring revenue model and strong business pipeline [3]