One area where Jackpocket goes above and beyond regulatory requirements is responsible gaming. We really pride ourselves on ensuring that we’re providing the highest level of consumer protections and meeting or exceeding all the regulatory requirements.” In fact, in December 2019, the company became the first lottery courier service licensed in a US jurisdiction when New Jersey licensed Jackpocket.Īs Jackpocket CEO Peter Sullivan explained to Betting USA,” our approach has been to focus on compliance from day one. The company works with states and regulatory bodies to provide an online service that delivers lottery tickets to customers.
Jackpocket isn’t your typical courier service. Virtual Sports is that it’s not a new product rather, it’s a new deliveryĬhannel for an existing product. What makes Jackpocket slightly different than DFS and Hampshire, Texas, Colorado, and New Jersey. Jackpocket is currently available in Minnesota, New Jackpocket is an online lottery courier service that, according to its website, “offers players a secure way to order official state lottery tickets via a mobile platform that digitally locks your ticket to you.”
The product didn’t disappear when the racing ban was lifted, and virtual sports continue to be a significant part of the betting markets in several markets, including the UK, Italy, and Africa.Īnother example is the Jackpocket lottery app. Virtual sports emerged as a filler product when an outbreak of Hoof and Mouth Disease forced a shutdown of the UK horse racing industry in 2002. That have subsequently legalized sports betting.Īnd DFS isn’t the only stand-in product that’s proven to have staying power. DFS continues to be a thriving industry, even in states What’s more, DFS has proven that it’s more than a fill-inįor the real thing. By crafting a product that fit neatly into the UIGEA’s classification of fantasy sports, inventive entrepreneurs created a stand-in for legal sports betting. DFS was created to exploit language in the 2006 Unlawful Internet Gambling Enforcement Act that carved out fantasy sports. A Quick Look at Alternative Productsĭaily fantasy sports is the best-known example of these types of products. Fortunately, inventiveĬompanies are stepping in to fill the void, including online lottery. Legal online gambling for the foreseeable future. That said, there will be pockets of the country devoid of Lottery products can be purchased online in 11 states and counting. You wouldn’t know it because it doesn’t get a lot of publicity, but online lottery is spreading faster than poker or casino. Legal online poker, casino, and other products are also spreadingĪcross the country, just at a slower clip than sports betting. Sports betting is the talk of the town, but it’s not the only online gambling product states are turning to as they look for new sources of revenue and attempt to modernize their gambling industries.
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