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Jackpot.com Launches in Ohio

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JACKPOT.COM LAUNCHES IN MASSACHUSETTS

 

The online lottery ticket platform Jackpot.com has launched in Ohio, its second US state after it launched in Texas in January. The company’s investors include the Haslam Sports Group, which owns the Cleveland Browns and the Columbus Crew, and Detroit Venture Partners, the venture arm of Cleveland Cavaliers owner Dan Gilbert’s family office. Jackpot.com is also launching with a marketing partnership with one of the country’s premier professional sports franchises, the Cleveland Guardians.

Jackpot.com brings the official Ohio Lottery right to the customer’s phone or computer, making it easier than ever to cash in on a life-changing ticket. With Jackpot.com, Buckeyes can instantly play Powerball/Power Play, Mega Millions with Megaplier, Lucky for Life, and Rolling Cash 5. Jackpot.com notifies users when drawings take place, and delivers their winnings instantaneously, so players never miss an opportunity to hit the jackpot.

“We’re thrilled to announce Jackpot’s launch in Ohio, the nation’s seventh-largest lottery market. This is a digital transformation in the lottery fueled by convenience, security, and safety, and we’re excited to help get Ohioans there. At Jackpot, we are simplifying the player experience and increasing accessibility by making it more convenient and secure for players to buy lottery tickets. We’re also offering safety guardrails that set a new standard for responsible gaming – all while ensuring players never miss a draw or misplace a ticket again,” said Jackpot.com CEO and co-founder Akshay K. Khanna.

The Ohio Lottery market generated more than $5.5 billion in record-breaking sales in the 2022 fiscal year, according to the Ohio Lottery Commission. Since 1974, the Ohio Lottery has contributed over $27 billion to support public education in Ohio. In FY 2022, the Ohio Lottery secured $1.4 billion for the Lottery Profits Education Fund, an increase of $46.3 million compared to fiscal year 2021.

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“Jackpot.com is providing a unique and modern solution to make the lottery more convenient and accessible to citizens all across Ohio. The Guardians are proud to be announcing this partnership with Jackpot and are excited to see the positive change this brings, not only to our fans but Ohioans everywhere,” said Jon Janoviak of the Cleveland Guardians.

“We believe that Jackpot has one of the most innovative and practical solutions on the market to make the lottery more accessible to millions of Ohioans. We are excited to be part of Jackpot’s journey in Ohio to modernize the way the lottery is played,” said Josh Glessing, Chief of Strategy and Corporate Development for the Haslam Sports Group.

Gambling in the USA

Andrew Cardno to Deliver Keynote at November Gaming Conference in Phoenix: “How are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?”

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The gaming industry continues to evolve with the rapid integration of advanced technologies, offering new pathways for innovation and decision-making. Andrew Cardno, Chief Technology Officer of Quick Custom Intelligence (QCI), will deliver a keynote address titled “How are Technology Advancements Impacting Decision Making and Driving Innovation in Gaming?” at this year’s premier gaming conference, taking place on November 12th and 13th in Phoenix, Arizona.

Cardno, a leading expert with over two decades of experience in gaming and technology, will explore how advancements such as artificial intelligence, machine learning, and data-driven solutions are reshaping decision-making processes within the gaming industry. His address will provide actionable insights for professionals seeking to stay ahead in this fast-paced environment.

“Technology is no longer just an enabler; it’s the driving force behind innovation in gaming,” said Andrew Cardno. “At this year’s conference, I will delve into how these advancements can empower industry leaders to make better, faster decisions and capitalize on new opportunities for growth.”

Mark Pace, President of the International Gaming Standards Association (IGSA), praised Cardno’s expertise: “Andrew Cardno has a deep understanding of how technology is transforming the gaming industry. His ability to translate complex innovations into practical, strategic insights makes him the ideal keynote speaker. His work continues to inspire and guide decision-makers across the gaming world.”

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The conference, held in Phoenix on November 12th and 13th, promises to be a hub of cutting-edge discussions and networking opportunities, bringing together top leaders to explore the future of gaming.

 

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Conferences

BetConstruct Set to Appear at SBC Summit Latinoamérica 2024

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BetConstruct Set to Appear at SBC Summit Latinoamérica 2024

 

Seeking to further contribute to the Latin America market with innovative products and services, BetConstruct is set to participate at the anticipated SBC Summit Latinoamérica to be held on October 29-31 in Hollywood Miami FL. 

SBC Summit Latinoamérica has long positioned itself as the ultimate event for Latin America’s thriving markets, gathering over 4000 delegates, many of whom are key decision-makers in the region. The event features conferences held by over 200 experts in regulation, sports betting, casinos, marketing, compliance, and more. Also showcasing at the exhibition floor are over 70+ brands.

Already an established name in the Latin America market, BetConstruct continues to support the region with innovative offerings that will be showcased at the event. These include the comprehensive Sportsbook that has the capacity of covering 140k+ pre-match and 70k+ live events each month, massive Casino Suite with thousands of top-tier games developer both in-house and by reputable providers, impressive Live Casino, and DECA, a blockchain-based decentralised casino platform built for the future.

BetConstruct’s representatives are eager to greet SBC Summit Latinoamérica delegates at stand D30 at the Seminole Hard Rock Hotel & Casino in Hollywood Miami FL, USA on October 29-31 and discuss how the company’s expansive offerings can push the industry forward in the region. You can also book a meeting with them in advance. See you soon in Hollywood Miami FL!

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Latest News

Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees

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Kyrrex, a crypto ecosystem, is thrilled to announce its official launch in the United States. With operations now live in ten states, Kyrrex is poised to offer American users a platform for cryptocurrency trading, payments, and wallet management.

Kyrrex’s U.S. platform enables users to buy and trade cryptocurrencies with competitive commissions of just 0.2%, making crypto transactions efficient and cost-effective. Available in California, Colorado, Hawaii, Utah, Indiana, Wisconsin, Missouri, Montana, Massachusetts, and Wyoming, Kyrrex is rapidly expanding to other regions across the U.S.

“We’re incredibly excited to bring Kyrrex to the U.S. market,” said Mike Romanenko, CVO & Co-Founder at Kyrrex. “Our platform is designed to offer American users a safe and reliable way to manage all their crypto needs, and we look forward to growing our presence across the country.”

Why the U.S. Market Matters for European Crypto Companies

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The U.S. represents one of the largest and most dynamic crypto markets in the world. As of 2024, the U.S. accounts for over 25% of global cryptocurrency activity, driven by increasing institutional investment and mainstream adoption. The approval of Bitcoin exchange-traded Funds (ETFs) has boosted institutional interest significantly, signaling a shift toward greater acceptance of cryptocurrencies as full-fledged assets. By 2025, the U.S. crypto market is expected to see substantial growth, with estimates projecting a compound annual growth rate (CAGR) of over 12% in the sector, supported by both retail and institutional demand. For companies like Kyrrex, entering the U.S. market is a strategic move to expand user reach and tap into this rapidly evolving landscape, which offers vast potential for innovation and growth.

Kyrrex’s expansion into the U.S. is a testament to the company’s commitment to building a global crypto ecosystem that connects crypto-related services in one platform. By providing American users with access to a platform that offers crypto trading, wallet services, and low-fee purchases via debit and credit cards, Kyrrex is positioned to be a responsible player in the U.S. market. After six years of building a comprehensive crypto ecosystem, the company continues to lead with regulatory compliance. Today, Kyrrex’s achievements include:

  • Saint Vincent and the Grenadines: Kyrrex Limited is registered and recognized by the SVG Financial Services Authority, providing a foundation of trust and security;
  • Malta: REX, part of the Kyrrex ecosystem, obtained a prestigious VFA Class 4 license in 2021, allowing the platform to offer Virtual Financial Assets (VFA) services while maintaining the highest European regulatory standards;
  • United States: Kyrrex is registered with FinCEN as a Money Services Business (MSB) and is available in 10 U.S. states, including California, Massachusetts, and Utah.

Kyrrex ecosystem is also preparing for future regulatory changes by applying for a Class 3 MiCA (Markets in Crypto-Assets) license and an EMI (Electronic Money Institution) license in Malta and the U.K. Also, the company applied for an Investments Services license, which will enable brokerage services from and within Malta. This strategic approach ensures that Kyrrex will continue to offer secure and compliant services across multiple jurisdictions.

“Kyrrex’s entry into the U.S. comes at a critical time as regulations around cryptocurrency continue to evolve. The company’s commitment to regulatory compliance demonstrated through adherence to U.S. state law, positions Kyrrex as a responsible and reliable platform for American users. As part of Kyrrex’s mission, we will continue working closely with U.S. regulators to ensure that our platform remains compliant with the highest regulatory standards.”, stated Mr. Romanenko from Kyrrex.

With plans to expand into more states and enhance its service offerings, Kyrrex is dedicated to reshaping the operations of digital assets by providing users with secure, efficient, and regulated crypto solutions.

 

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