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Jackpot Digital Signs 2-Table Contract with Sac and Fox Casino

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Jackpot Digital Inc. (OTCQB:JPOTF) has signed a licensing agreement with Sac & Fox Casino in Kansas to install two Jackpot Blitz™ electronic table games (ETGs), pending regulatory approvals. This agreement follows a letter of intent and expands Jackpot's presence in the gaming market. CEO Jake Kalpakian noted that interest in Jackpot Blitz™ is rising among casino operators, highlighting the operational advantages of their offerings. The company specializes in electronic gaming for the cruise and regulated casino industries.

Positive
  • Secured a licensing contract with Sac & Fox Casino for two Jackpot Blitz™ ETGs, indicating business growth.
  • Expansion into Kansas adds to the company's roster of jurisdictions, enhancing market presence.
  • Increasing interest in Jackpot Blitz™ from casino operators suggests strong potential for future sales.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / March 9, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt:LVH3) is pleased to announce it has signed a licensing contract with Sac & Fox Casino of Powhattan, Kansas, USA ("Sac & Fox") to install two (2) Jackpot Blitz™ ETGs, subject to obtaining the customary regulatory approvals. The tables are currently being prepared for shipping and installation.

Jackpot's President and CEO, Jake Kalpakian, states "We are pleased to move past our letter of intent with Sac & Fox and move forward with a formal agreement, adding the state of Kansas to our growing roster of new jurisdictions. Jackpot Blitz™ is gaining in interest and popularity, and our pipeline of new business continues to grow due to the clear operational benefits of Jackpot Blitz™. More and more casino operators are recognizing the competitive advantages our tables provide, and we expect this growth to continue throughout 2022."

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/692164/Jackpot-Digital-Signs-2-Table-Contract-with-Sac-and-Fox-Casino

FAQ

What is Jackpot Digital's recent development with Sac & Fox Casino?

Jackpot Digital has signed a licensing contract with Sac & Fox Casino to install two Jackpot Blitz™ electronic table games, pending regulatory approvals.

How many electronic table games will be installed at Sac & Fox Casino?

Two Jackpot Blitz™ electronic table games will be installed at Sac & Fox Casino.

What does the licensing agreement with Sac & Fox Casino mean for Jackpot Digital?

The agreement expands Jackpot Digital's market presence and indicates growing demand for its gaming products.

What is the stock symbol for Jackpot Digital?

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

What advantages do Jackpot Blitz™ ETGs offer to casino operators?

Jackpot Blitz™ ETGs provide operational benefits and competitive advantages, contributing to their rising popularity among casino operators.

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