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Jackpot Digital Signs With Pit River Casino in California

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Jackpot Digital Inc. (OTCQB:JPOTF) has signed a licensing agreement with Pit River Casino in California to install one Jackpot Blitz™ Electronic Table Game, pending regulatory approval. The game is currently being prepared for shipment. CEO Jake Kalpakian expressed optimism about increasing momentum in their order pipeline and indicated plans to order more components to meet rising demand. Jackpot specializes in multiplayer gaming products for the cruise and casino industries, optimizing business operations with a suite of backend tools.

Positive
  • Signed licensing agreement with Pit River Casino for one Jackpot Blitz™ ETG.
  • Plans to order additional components to meet growing demand.
Negative
  • None.

VANCOUVER, BC / ACCESSWIRE / March 10, 2022 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSX-V:JJ.WT.B)(TSX-V:JJ.WT.C)(OTCQB:JPOTF) (Frankfurt Exchange: LVH3) is pleased to announce it has signed a licensing contract with Pit River Casino of Burney, California, USA ("Pit River") to install one (1) Jackpot Blitz™ Electronic Table Game ("ETG"), subject to customary regulatory approvals. The table is currently being prepared for shipping and installation.

Jackpot's President and CEO, Jake Kalpakian, states "We are pleased to enter into a formal agreement with Pit River. Momentum continues to build in our order pipeline. In anticipation of the increased demand, we have ordered, and will continue to order, additional components for the assembly of more Jackpot Blitz™ ETGs in the near term."

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/692394/Jackpot-Digital-Signs-With-Pit-River-Casino-in-California

FAQ

What recent agreement did Jackpot Digital sign involving Pit River Casino?

Jackpot Digital signed a licensing agreement to install one Jackpot Blitz™ Electronic Table Game at Pit River Casino in California.

What is the stock symbol for Jackpot Digital?

The stock symbol for Jackpot Digital is JPOTF on the OTCQB.

What products does Jackpot Digital specialize in?

Jackpot Digital specializes in multiplayer gaming products, including electronic table games for the cruise and regulated casino industries.

Who is the CEO of Jackpot Digital?

The CEO of Jackpot Digital is Jake Kalpakian.

Is regulatory approval needed for the installation at Pit River Casino?

Yes, the installation of the Jackpot Blitz™ Electronic Table Game is subject to customary regulatory approvals.

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