Jackpocket
White Hat Gaming powers Jackpocket’s Online Casino launch in New Jersey
![white-hat-gaming-powers-jackpocket’s-online-casino-launch-in-new-jersey](https://recentslotreleases.com/wp-content/uploads/2024/02/132380-white-hat-gaming-powers-jackpockets-online-casino-launch-in-new-jersey.jpg)
Provider’s PAM and White Hat Studios content at the heart of operator’s expansion into iGaming in the U.S.
Leading iGaming platform provider White Hat Gaming has delivered its market-leading PAM and acclaimed White Hat Studios content to Jackpocket, the #1 lottery app in the US*, facilitating the launch of the operator’s new Online Casino in New Jersey.
Jackpocket’s entry into the Garden State, through Caesars Interactive Entertainment New Jersey, LLC, marks the first phase of the company’s expansion into iGaming in the U.S. market. Backed by investors such as Mark Cuban, Kevin Hart, and Manny Machado, the company has bold ambitions to take the same experience of its lottery courier app to new audiences through a newly created online casino product.
Following an exclusive deal in the U.S., Jackpocket has now integrated the platform provider’s best-in-class PAM. Tested to the highest standards, it will ensure the new online casino can operate smoothly as it looks to attract and build a strong customer base.
White Hat’s PAM solution includes a comprehensive range of services, including CRM marketing support, a proprietary cashier, extensive payment options, 24/7 customer support and a comprehensive range of player protection tools.
As part of the agreement, White Hat Studios’ content has gone live with Jackpocket. The provider has seen immense growth in the US market thus far, with its collection of branded slot titles such as The Goonies and Peaky Blinders
driving increased engagement and retention rates for existing partners.
This latest launch for White Hat Gaming and its Studio demonstrates the continued appeal of the company’s complete offering to operators across North America.
Phil Gelvan, CEO, White Hat Gaming, said: “We are thrilled to have played a leading role in bringing Jackpocket’s new online casino to the dynamic and regulated market of New Jersey. It demonstrates our commitment to delivering top-tier iGaming solutions, ensuring operators such as Jackpocket have a robust PAM in place alongside quality content via White Hat Studios to enter a new product vertical with confidence.
“The launch also serves as another exciting development in the White Hat Gaming story, as we continue to expand across the U.S. market at pace. The journey will continue over the coming months, with more projects in the pipeline.”
Jackpocket CEO and founder, Peter Sullivan, said: “For Jackpocket, this is another step toward expanding our entertainment options for users in New Jersey and across the country.
“Alongside our platform partner White Hat Gaming, we’re excited to reaffirm our commitment to providing top-tier entertainment to new and existing audiences.”
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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