Jackpocket
Jackpocket, America’s #1 Lottery App, Launches in Nebraska
![jackpocket,-america’s-#1-lottery-app,-launches-in-nebraska](https://recentslotreleases.com/wp-content/uploads/2023/06/124346-jackpocket-americas-1-lottery-app-launches-in-nebraska.jpg)
Jackpocket, America’s #1 lottery app, announced its launch in Nebraska, offering lottery fans across the state a new way to play their favorite games wherever they are — whether that be work, home, or on the go.*
Now, lottery players in Nebraska can use Jackpocket to play Powerball, Mega Millions, Lucky for Life, Pick 3, and Pick 5 from the convenience of their mobile phone, tablet, and computer.
As a lottery courier service, Jackpocket purchases lottery tickets on behalf of its customers from official lottery retailers. Jackpocket’s secure platform allows players to place ticket orders, view an image of their ticket, get notified automatically if they win, and even receive prizes up to $500 instantly. If players win prizes over $500, their winning ticket will be securely transferred to them so they can claim their lottery prize from the Nebraska Lottery.
To celebrate, Jackpocket is offering all Nebraskans who are 19 and older their first lottery ticket for free on the app. New players can receive a $2 lottery ticket by entering the code NEBRASKA at checkout on their first order.
“The Jackpocket team is excited to offer Nebraskans—long-time lottery players and new players alike—an easy and accessible way to play,” said Peter Sullivan, Jackpocket founder and CEO. “We’re committed to making the lottery safe, convenient, and fun. With 29 lottery millionaires and counting on Jackpocket, we’re looking forward to meeting our first big winner in the Cornhusker State!”
Proceeds from the Nebraska Lottery’s ticket sales go to good causes, including education, the environment, compulsive gamblers assistance, and the Nebraska State Fair. Since 1993, the lottery has contributed over $923 million back to the state. By broadening access to the lottery, Jackpocket will help drive state revenue while also introducing the lottery to a new audience. Over 67% of current Jackpocket users are 18 to 45 years old.
Nebraska is now the 16th state available on Jackpocket along with Arizona, Arkansas, Colorado, Idaho, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, Washington D.C., and West Virginia. Players have won nearly $300 million in total lottery prizes using Jackpocket, and 29 individuals have won prizes worth $1 million or more.
Jackpocket is committed to promoting responsible gaming and offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gaming resources. Jackpocket is the first third-party lottery service to receive responsible gaming certification, backed by the expertise of the National Council on Problem Gambling.
DraftKings Inc
DraftKings Completes Acquisition of Jackpocket
![draftkings-completes-acquisition-of-jackpocket](https://recentslotreleases.com/wp-content/uploads/2024/05/136472-draftkings-completes-acquisition-of-jackpocket.jpg)
DraftKings Inc. announced the completion of its previously announced proposed acquisition of Jackpocket Inc., the leading digital lottery app in the US.
“Today we are announcing the completion of our acquisition of Jackpocket, and the commencement of our value creation plan. We are well-prepared to quickly launch cross-sell programs, further improve customer acquisition efficiency, and continue to innovate and differentiate with our overall product portfolio for our customers. We look forward to continuing to deliver enhanced value to our customers and shareholders as we integrate Jackpocket into the DraftKings ecosystem,” Jason Robins, CEO and Co-founder of DraftKings, said.
Jackpocket is renowned for its innovative digital lottery services, robust technology infrastructure, and strong brand presence. This acquisition empowers DraftKings to tap into the expansive U.S. lottery vertical, while expanding its position in sportsbook and iGaming by enhancing customer lifetime value and bolstering customer acquisition capabilities.
“The completion of the acquisition represents an exciting new chapter for Jackpocket and DraftKings alike. Together, we are confident that we will be even more capable of helping lotteries fulfill their mission of delivering revenue back to the beneficiaries they support. DraftKings’ proven reach and cutting-edge mobile platforms will continue to allow us to drive growth and innovation in the digital lottery vertical,” Peter Sullivan, CEO of Jackpocket, said.
American Roulette
White Hat Studios Elevates Jackpocket Partnership with Bespoke Content Delivery
![white-hat-studios-elevates-jackpocket-partnership-with-bespoke-content-delivery](https://recentslotreleases.com/wp-content/uploads/2024/04/134657-white-hat-studios-elevates-jackpocket-partnership-with-bespoke-content-delivery.jpg)
Four exclusive games carrying operator’s distinctive branding go live with New Jersey online casino
White Hat Studios, the ‘house of brands’ provider to the United States iGaming market, has strengthened its relationship with Jackpocket by introducing four new branded games tailored for the operator’s newly-launched online casino in New Jersey.
The deepened collaboration has yielded three captivating RNG table games with White Hat Studios adapting its hugely popular American Roulette, Blackjack and Blackjack Player’s Choice titles alongside a newly-created Megaways slot title, which have all been crafted to embody Jackpocket’s unique brand identity.
Players of Jackpocket Casino can now immerse themselves in captivating gameplay experiences that are unavailable anywhere else, providing the online casino with a differentiated content offering and a competitive edge in attracting and retaining players.
The move highlights White Hat Studios’ bespoke content capabilities and its commitment to providing operators with unparalleled games that spark increased engagement and responsible entertainment.
Supplying these latest titles comes just weeks after White Hat Gaming PAM and its acclaimed White Hat Studios content played a significant role in powering the launch of the new Jackpocket Casino, demonstrating the continued importance of both organizations across the United States.
“We’re thrilled to have taken our relationship with Jackpocket to the next level by delivering exclusively branded games to the online casino,” the Gaming Vice-President for White Hat Studios, Armen Tatarevic, said. “We worked closely with the team to ensure these games captured the energy and identity of Jackpocket, ensuring existing players would instantly resonate with the unique experiences on offer. We are especially excited about Jackpocket’s version of Blackjack Players Choice, the only blackjack available with six different side bets, that is proven to be a player favourite. Our continued dedication to providing bespoke gameplay for our valued operator partners proves that we remain the provider of choice for United States online casinos.”
“We’re excited to unveil these new and exclusive branded games on Jackpocket Casino, made possible through our valued partnership with White Hat Studios,” the Chief Executive Officer for Jackpocket, Peter Sullivan, said. “Our collaboration with White Hat Studios underscores a shared commitment to delivering innovative casino and iGaming experiences that excite and engage our players. Jackpocket Casino users are going to love our unique versions of American Roulette, Blackjack, Blackjack Players Choice and Megaways titles that they can’t get anywhere else.”
Alan Ellingson
DraftKings Announces Leadership Changes to Increase Focus on Operational Efficiencies
![draftkings-announces-leadership-changes-to-increase-focus-on-operational-efficiencies](https://recentslotreleases.com/wp-content/uploads/2024/03/134096-draftkings-announces-leadership-changes-to-increase-focus-on-operational-efficiencies.jpg)
DraftKings Inc. announced that Jason Park, DraftKings’ Chief Financial Officer, will become the Company’s Chief Transformation Officer, effective as of May 1, 2024. In this newly created role, Mr. Park will lead initiatives to deploy cutting edge technologies to capture additional operating efficiencies as well as oversee the integration of the proposed acquisition of Jackpocket Inc. (Jackpocket). Alan Ellingson, DraftKings’ Senior Vice President, Finance and Analytics, will be elevated to Chief Financial Officer, effective as of May 1, 2024. Mr. Ellingson will continue to enhance shareholder value over time by driving the Company toward its financial objectives.
Jason Robins, Chief Executive Officer and Co-Founder of DraftKings, said: “I have asked Jason Park to take on a new role at DraftKings to address and capture large efficiency opportunities that I expect will generate significant incremental profitability over the coming years. Jason’s unique skill set, based on his accomplishments over the last five years as our Chief Financial Officer and 11 years as a private equity Operating Partner, will allow us to further improve how we operate. In addition, I’m confident he will unlock the benefits of our proposed acquisition of Jackpocket following its closing to strengthen DraftKings’ position in U.S. online gaming. There are also potentially transformational AI applications on the horizon that could change the way businesses operate and serve their customers to create potential long-term advantages.”
Mr. Park joined DraftKings as Chief Financial Officer in June 2019 and oversaw the Company’s transition to the public markets. During his tenure as Chief Financial Officer, DraftKings’ revenue grew from $323 million in 2019 to $3,665 million in 2023. The Company also produced positive Adjusted EBITDA in the second and fourth quarters of 2023 due in part to Mr. Park’s leadership of operational efficiency programs. In addition, from the Company’s initial trading day on July 25, 2019, through March 15, 2024, the Company’s stock price increased more than 325%.
Jason Park said: “I am thrilled to take on this new role which tackles several significant opportunities to improve how we operate and taps into my passion for building great and highly efficient companies. Alan is perfectly suited to seamlessly step into the Chief Financial Officer role as an established company leader with deep credibility across the entire organization. I look forward to assisting with this transition and continuing to deliver value for our shareholders. We will provide more information on the transformation program during our next earnings call.”
Alan Ellingson joined DraftKings in 2020 and currently serves as the Company’s Senior Vice President, Finance and Analytics. For the past four years, Mr. Ellingson has worked closely with Mr. Park to develop a world-class finance and accounting organization, which includes building the forecasting capabilities that support the creation, tracking and ongoing refresh of the Company’s multi-year financial objectives.
Jason Robins added: “I am very excited to elevate Alan Ellingson to Chief Financial Officer and have him continue to lead the Company on the very clear path that we have laid out. Alan has been with DraftKings for more than four years, has extensive experience across our finance and analytics teams, and most importantly, deeply understands our core value drivers and focus on maximizing shareholder value.”
Alan Ellingson, incoming Chief Financial Officer, said: “We have built a world class finance organization, and I look forward to expanding my leadership role with the team. In addition, I look forward to working closely with Jason Robins to deliver outstanding financial performance and generate incredible shareholder returns.”
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