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Jackpot Digital Appoints Chief Strategy Officer

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Jackpot Digital Inc. (OTCQB: JPOTF) has appointed Angelo Palmisano as Chief Strategy Officer. With 30 years of extensive gaming industry experience, Palmisano previously founded a successful gaming technology company and played a key role in expanding a multi-billion-dollar gaming firm. He is expected to drive growth and capitalize on the launch of Jackpot's new product, Jackpot Blitz™. CEO Jake Kalpakian expressed confidence in Palmisano's ability to lead the company toward a significant growth trajectory amid promising market opportunities.

Positive
  • Appointment of a seasoned leader with 30 years of gaming experience.
  • Potential for accelerated growth with the launch of Jackpot Blitz™.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / March 4, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF) is pleased to announce the appointment of Angelo Palmisano as Chief Strategy Officer of Jackpot.

Based in Las Vegas, Nevada, Mr. Palmisano brings 30 years of diverse gaming industry experience from a cross section of leadership roles. Mr. Palmisano was the founder of a start-up gaming technology company, which was ultimately sold to a multi-billion-dollar gaming technology company which he then joined. In this most recent role, Mr. Palmisano was instrumental in the expansion of the same major company and spearheaded the acquisition of several smaller, high-growth gaming companies. Mr. Palmisano is a proven entrepreneurial leader with a track record of building successful companies, brands, and market segments globally through product creation and commercial execution.

Mr. Palmisano states, "In my many years in the gaming industry, I've both led and acquired many unique gaming companies, and I am truly very excited about the Jackpot Digital opportunity. I've been around this market segment for a long time and what Jackpot Digital has today is the unlimited potential to disrupt this category of casino gaming."

Jake Kalpakian, President & CEO of Jackpot Digital, states "we are very excited to build out our leadership team with addition of Angelo Palmisano as our new Chief Strategy Officer. Mr. Palmisano is a seasoned gaming industry veteran who brings a deep rolodex, an immense amount of experience and a track record of driving the growth and success of gaming companies. With the coming launch of our new SAS-supported Jackpot Blitz™, our company is at an inflection point moving toward a steeper growth trajectory, and Mr. Palmisano will be a key leader in ensuring we execute on the enormous opportunity in front of us."

About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading electronic table games manufacturer for the cruise ship industry and regulated casino industry. The Company specializes in multiplayer gaming products, including poker and casino games, which are complemented by a robust suite of backend tools for operators to efficiently control and optimize their gaming business.

For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 681- 0204 ext. 6105, or visit the Company's website at www.jackpotdigital.com.

On behalf of the Board of Jackpot Digital Inc.,

"Jake H. Kalpakian"
_____________________________
Jake H. Kalpakian President & CEO

Trading in the securities of the Company should be considered speculative.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Certain statements contained herein are "forward-looking". Forward-looking statements may include, among others, statements regarding future plans, projected financings, costs, objectives, economic or technical performance, or the assumptions underlying any of the foregoing. In this News Release, words such as "may", "would", "could", "will", "likely", "enable", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "to be", "expect", "propose", "anticipate", "intend", "plan", "plans" "estimate", and similar words are used to identify forward-looking statements. Forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those expressed or implied. Although management believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, projections and estimations, there can be no assurance that these assumptions, projections or estimations are accurate. Readers, shareholders and investors are therefore cautioned not to place reliance on any forward-looking statements as the plans, assumptions, intentions or expectations upon which they are based might not occur.

SOURCE: Jackpot Digital Inc.



View source version on accesswire.com:
https://www.accesswire.com/691660/Jackpot-Digital-Appoints-Chief-Strategy-Officer

FAQ

Who is the new Chief Strategy Officer of Jackpot Digital (JPOTF)?

Angelo Palmisano has been appointed as Chief Strategy Officer of Jackpot Digital.

What experience does Angelo Palmisano bring to Jackpot Digital (JPOTF)?

Angelo Palmisano brings 30 years of diverse gaming industry experience, including founding a successful gaming technology company.

What is the significance of the Jackpot Blitz™ launch for Jackpot Digital (JPOTF)?

The launch of Jackpot Blitz™ is expected to position Jackpot Digital for substantial growth in the gaming sector.

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