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Jackpocket

Puerto Ricans Can Now Play the Lottery Right from Their Phone

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Jackpocket announced its official launch in Puerto Rico, the first market outside of the contiguous U.S. in which the app is available.

Now, lottery players in Puerto Rico can use Jackpocket to play their favorite lottery games, including Powerball, Loto Cash, Pega 4, Pega 3, and Pega 2 from their phone, anywhere on the island.

The app’s secure platform allows players to conveniently order official lottery tickets that Jackpocket fulfills on their behalf at a licensed lottery retailer. Players can select their game and numbers, view an image of their ticket, get automatically notified if they win, and even receive lottery prizes up to $1200 directly through the app. If players win prizes over $1200, their winning ticket will be transferred to them so they can claim their lottery prize from the Puerto Rico Lottery.

To celebrate the launch, Jackpocket is offering lottery players in Puerto Rico their first lottery ticket for free on the app. New players can receive a $2 credit for one lottery ticket by entering the code LUCKYPR at checkout on their first order.

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“We are thrilled to bring Puerto Ricans a new, convenient way to play the lottery. We’re committed to making the lottery fun, safe, and accessible to all who love to play. Proceeds from the Puerto Rico Lottery go to social programs and public works that make a real, tangible impact for Puerto Ricans every day. Now, Jackpocket will help drive additional funds supporting these programs across the island. We can’t wait to celebrate our first big winner in Puerto Rico,” Peter Sullivan, founder and CEO of Jackpocket, said.

The proceeds from Puerto Rico Lottery ticket sales benefit important social programs, such as college scholarships, health programs, sports and recreation, and the improvement of roads and infrastructure. By broadening access to the lottery, Jackpocket will help drive lottery revenue, benefitting these programs while attracting new consumers who would not otherwise be active lottery players. Over 65% of Jackpocket users are 18 to 45 years old.

The Jackpocket app offers a new way to play the lottery with features such as Jackpocket Pools for Powerball, where players can team up with other players in Puerto Rico or create their own lottery pool with friends and co-workers. The app also gives players access to exclusive giveaways for the chance to win trips, sports tickets, free credits, and much more.

Jackpocket is iCAP certified for best practices in player protection, backed by the expertise of the National Council on Problem Gambling. To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gambling resources.

Puerto Rico is now the 18th jurisdiction available for lottery play on the Jackpocket app. Jackpocket users have won over $350 million in lottery prizes to date, with 36 people having won lottery prizes worth $1 million or more.

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American Roulette

White Hat Studios Elevates Jackpocket Partnership with Bespoke Content Delivery

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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.

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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.”

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Alan Ellingson

DraftKings Announces Leadership Changes to Increase Focus on Operational Efficiencies

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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.”

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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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Jackpocket

Jackpocket Unveils Super Pick, the Convenient Way to Try Mega Millions and Powerball Luck

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With over 300 million possible number combinations to choose from for Mega Millions, Jackpocket is making it simpler to try the luck. Jackpocket announced the release of Super Pick, a new app feature that streamlines the lottery experience for Mega Millions and Powerball fans, offering an even more convenient way to participate as combined jackpots soar past $1.3 billion.

Jackpocket’s new Super Pick feature gives users an easy way to pick every special and standard ball in the game with just one tap. Super Pick creates a series of 25 or 26 Quick Picks for each of the special ball numbers and also includes all the standard numbers in the game at least once. This hassle-free way to cover numbers could unlock big winning potential for users. Matching just the Powerball or Mega Ball on its own secures a prize of $4 or $2 respectively and is a necessary step for winning six out of nine prize levels including the grand prize.

For example, the Mega Millions drawing includes five standard numbers (1 to 70) and one gold Mega Ball (1 to 25). With Super Pick, users can easily order 25 Quick Picks that will include every standard Mega Millions number as well as a unique gold Mega Ball.

“Super Pick is the latest in Jackpocket’s long list of features that you can’t get anywhere else. Based on direct feedback from our users, we developed this feature to streamline the way they are participating in the lottery and make it the most convenient process possible. It’s been exciting to see the great interest in Super Pick already as the Mega Millions and Powerball jackpots continue to rise toward historic levels,” Peter Sullivan, CEO and founder of Jackpocket, said.

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Already, Jackpocket users have won nearly $1 million in prizes from Super Pick orders, including a $150,000 Powerball win in Texas and a $50,000 Powerball win in New Jersey.

With the introduction of Super Pick, Jackpocket reinforces its commitment to elevating the lottery user experience. In addition to Super Pick, Jackpocket also offers lottery enthusiasts access to multiple exciting features:

  • Smart Order: Lottery fans can set automatic orders for their favorite games so they never miss a drawing.
  • Lottery Pools: With Jackpocket Pools, participants can team up with other Jackpocket users in their state or create their own private pool with just local friends, family, or co-workers.
  • Giveaways: Users can enter Jackpocket’s exclusive in-app giveaways for chances to win vacations, sports tickets, and VIP passes in addition to any lottery winnings.
  • Automatic Win Notifications: There’s no need to remember to check winning lottery numbers, as Jackpocket users are automatically notified if they win at any prize level with prizes under ~$600 instantly credited to the winner’s account.
  • Responsible Gaming: To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gaming resources.

The release of Super Pick comes on the heels of Jackpocket’s continued remarkable growth, most notably with the recent launch of Jackpocket Casino. Jackpocket has fulfilled over $1 billion in lottery ticket orders since its launch, and users have now won over $430 million in lottery prizes while using the app.

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