More than a year ago, third-party lottery provider Jackpocket announced it had earned a New Jersey online casino license.
This week, the company announced it signed a deal with White Hat Gaming. White Hat will build payment infrastructure to help Jackpocket meet its goal of expanding to the US online gambling market.
In a company statement, Tony Vartanian, chief growth and revenue officer at Jackpocket, said the White Hat Gaming deal puts the company one step closer to iGaming.
“As we continue to innovate and bring our Jackpocket users new gaming experiences beyond Lottery, we set out to identify a platform partner that could accelerate our 2023 Online Casino launch in New Jersey. Specifically, one that would enable our teams to deliver an exceptional product experience that our users have grown to expect from us.”
Jackpocket has not provided a specific date it will launch this year.
White Hat will provide payment services for the New Jersey online casino app
White Hat Gaming is a Malta-based firm that specializes in player management. In other words, when a company wants to offer a cash game to a market, it needs a company like White Hat to provide a way for players to deposit money and cash out.
And that’s exactly what White Hat will provide Jackpocket. The company will build an in-house cashier and traveling wallet solution. Jackpocket can then integrate that tech into the New Jersey online casino app they plan to launch this year.
“We are thrilled to partner with such a well-recognized and high-growth company and we can’t wait to launch Jackpocket’s iGaming product and bring its amazing brand to even more players,” White Hat Gaming CEO Phil Gelvan said in a statement.
Jackpocket continues US expansion
Jackpocket hit the gambling scene in 2013. Ten years later, the company’s third-party lottery platform is live in 15 states.
At the end of 2021, the company announced it was expanding into online gambling via an iGaming license in New Jersey. The news came after the company wrapped up $120 million in financing.
“Our user research has shown a high correlation between Jackpocket lottery players and those who enjoy casino-style gaming,” Jackpocket CEO Peter Sullivan said at the time. “We look forward to bringing the innovative tech, intuitive design, and seamless experience that the Jackpocket app is known for into this new arena.”
Jackpocket launched its lottery app in new states and is exploring online gambling. In addition, the company has signed multiple partnerships with sports teams. In the past 15 months, Jackpocket inked deals with:
- University of Rutgers athletics department
- New Jersey Devils
- Dallas Mavericks
- Minnesota Twins
- Dallas Stars
- Texas Rangers