Jackpot Digital Business Summary

Jackpot Digital Inc. (JPOTF) operates a high-margin gaming technology business primarily focused on the development and deployment of dealerless multiplayer electronic poker electronic table games (ETGs). The company generates revenue through three primary channels: monthly recurring revenue (MRR) from table leases, revenue participation agreements where it shares in the table's daily intake, and outright table sales in specific jurisdictions. Its flagship product, the Jackpot Blitz®—a 75-inch 4K touchscreen platform—serves two main segments: the cruise ship industry (e.g., Carnival, Royal Caribbean) and land-based regulated casinos (e.g., PENN Entertainment, tribal operators). Within the competitive landscape, Jackpot Digital competes with ETG and gaming solution providers such as Table Trac, Galaxy Gaming, and High Roller Technologies, positioning itself as the niche market leader in fully automated, dealerless poker solutions that eliminate labor costs and human error for operators. The company is led by a seasoned executive team with deep roots in small-cap management and finance. Hagop Jack (Jake) Kalpakian has served as President and CEO since 1999, bringing over 30 years of experience in managing publicly listed companies. He is supported by CFO Neil Spellman, a former First Vice President at Smith Barney with over two decades of Wall Street experience, and Matthew McDonald, VP of Corporate Development. The Board of Directors includes Gregory T. McFarlane, a mathematics expert and published finance author, and Alan Artunian, CEO of Nice Guy Holdings. Notable strategic partners and clients that validate the company's market standing include Carnival Corporation and Princess Cruises, while recent governance updates at the 2025 AGM confirmed the re-election of the core leadership team to drive its 2026 expansion strategy into new land-based jurisdictions.