Jackpot Digital Receives Third Order From Virgin Voyages

Rhea-AI Summary

Jackpot Digital Inc. (OTCQB:JPOTF) has signed an agreement with Virgin Voyages to install a Jackpot Blitz™ Electronic Table Game on its latest cruise ship, Resilient Lady. This installation extends Jackpot's presence, as all Virgin cruise ships will feature the Jackpot Blitz™ ETG. CEO Jake Kalpakian expresses confidence in the ongoing partnership and the success of their gaming systems. The Jackpot Blitz™ ETG is designed to enhance gaming experiences while optimizing staffing for cruise operators.

Positive

• New order for Jackpot Blitz™ ETG on Virgin's Resilient Lady expands market presence.
• All Virgin cruise ships will now feature Jackpot Blitz™ ETGs, indicating strong demand.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSX-V:JJ.WT.A)(TSX-V:JJ.WT.B)(TSX-V:JJ.WT.C)(OTCQB:JPOTF) (Frankfurt & Berlin Exchanges: LVH3) is pleased to announce that it has signed an agreement with Virgin Voyages ("Virgin") to install one (1) Jackpot Blitz™ Electronic Table Game ("ETG") onboard Virgin's third ship, Resilient Lady. This new order means that once the Jackpot Blitz™ ETG is installed onboard Virgin's Resilient Lady, then Jackpot Blitz^TM ETGs will be operating onboard all of Virgin's cruise ships.

President & CEO Mr. Jake Kalpakian states "We are very pleased to see our relationship with Virgin continue to grow with the installation of another Jackpot Blitz™ ETG onto Virgin's newest cruise ship. The Jackpot Blitz™ ETG brings a lengthy track record of success in delivering consistent, fun-filled gaming entertainment to cruise ships while simplifying their staffing needs, all while delivering an amazing turnkey poker experience where guests can play poker with life-like, touch screen card control. Jackpot Blitz™ ETGs are being adopted by more and more land and cruise ship casinos, as is evidenced by several new recent orders including today's announcement, and we are confident this momentum will continue to build throughout 2022."

Frank Weber, Senior Vice President of Hotel Operations for Virgin Voyages­­, comments "Our Resilient Lady is Adult-By-Design, which means that we are building a sanctuary at sea for the 18+ traveler, complete with epic experiences for our Sailors to enjoy. Jackpot Digital has a proven track-record for success and their stellar systems made them a natural fit to provide exceptional casino products for our Sailors."

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, 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", "expect", "propose", "anticipate", "intend", "plan", "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.

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FAQ

What is the significance of Jackpot Digital's agreement with Virgin Voyages?

The agreement is significant as it marks the installation of Jackpot Blitz™ ETG on Virgin's Resilient Lady, ensuring that all Virgin cruise ships will offer this gaming experience.

When will the Jackpot Blitz™ ETG be operational on Virgin's Resilient Lady?

The exact operational date for the Jackpot Blitz™ ETG on Virgin's Resilient Lady has not been specified in the press release.

How does the Jackpot Blitz™ ETG benefit cruise ships?

The Jackpot Blitz™ ETG simplifies staffing needs and enhances the gaming experience for guests through a user-friendly poker interface.

What are the future expectations for Jackpot Digital after this deal?

Jackpot Digital expects continued growth and demand for its gaming products throughout 2022 following this agreement.

What is the stock symbol for Jackpot Digital?

The stock symbol for Jackpot Digital is JPOTF, traded on OTCQB.