Jackpot Digital ( (TSE:JJ) ) has provided an announcement.
Jackpot Digital Inc. has reported a significant increase in the exercise of its trading warrants, with 11,167,843 warrants exercised at $0.10 per share in the last 60 days. This activity was notably led by insider Lyle Berman, who exercised 4,196,100 warrants. The company is expanding its presence in the U.S. market by installing its flagship Jackpot Blitz® dealerless electronic table games in casinos across several states, including California, Louisiana, New York, and Wisconsin. This expansion is expected to solidify Jackpot Digital’s position in the gaming industry, particularly in low-limit poker games, as highlighted by Berman’s endorsement of the company’s potential once fully licensed in major markets.
More about Jackpot Digital
Jackpot Digital Inc. is a leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The company specializes in the development and deployment of dealerless multiplayer electronic poker electronic table games (ETGs), providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.
Average Trading Volume: 159,604
Technical Sentiment Signal: Buy
Current Market Cap: C$34.39M
For an in-depth examination of JJ stock, go to TipRanks’ Overview page.