Jackpot Signs to Provide Two More of Its Jackpot Blitz Tables to Casino

Rhea-AI Summary

Jackpot Digital Inc. has entered into a software license and equipment lease agreement with Casino Incanto in Nuevo Vallarta, Mexico, for two Jackpot Blitz electronic table game platforms. General Manager Sergio Gutierez praised the product's user-friendly design and sanitary features. CEO Jake Kalpakian expressed excitement about the growing market potential for Jackpot's products, emphasizing their production and distribution capacity improvements. The company specializes in electronic table games for casinos and cruise ships, aiming for global market leadership.

Positive

• New software license and equipment lease agreement with Casino Incanto for Jackpot Blitz tables.
• Positive feedback from Casino Incanto's General Manager regarding the product's user-friendliness and sanitation features.
• CEO emphasizes growing global market interest in Jackpot's electronic table games.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / February 23, 2021 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.A)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF)(Frankfurt:LVH3)(Berlin:LVH3). Jackpot Digital Inc. has signed a software licence and equipment lease agreement with Casino Incanto of Nuevo Vallarta Nayarit, Mexico, for two of the Company's Jackpot Blitz^TM electronic table game (ETG) platforms.

Mr. Sergio Gutierez, General Manager of table games at Casino Incanto, states: We are very impressed with Jackpot's ETGs as they are user-friendly and entertaining yet easy to operate. Furthermore, the non-touching of community cards and chips makes it even more appealing in the new post-covid world."

Mr. Jake Kalpakian, President and CEO of Jackpot, states: "We are excited to sign this agreement with Casino Incanto. The market opportunity for our product is very attractive and growing as we are experiencing interest for Jackpot Blitz^TM tables from all regions of the world. We are building our production and distribution capacity so that we can take advantage of our global market leadership and unique goldilocks opportunity."

About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading electronic table games manufacturer and mobile gaming provider 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 new agreement did Jackpot Digital sign on February 23, 2021?

On February 23, 2021, Jackpot Digital signed a software license and equipment lease agreement with Casino Incanto in Mexico for two Jackpot Blitz electronic table game platforms.

What are Jackpot Blitz electronic table games?

Jackpot Blitz electronic table games are user-friendly electronic gaming platforms designed for casinos, featuring non-touch community cards and chips for improved hygiene.

How does Casino Incanto view Jackpot's ETG products?

Casino Incanto's General Manager praised Jackpot's ETGs for being user-friendly, entertaining, and easy to operate, highlighting their appeal in a post-COVID environment.

What does Jackpot Digital specialize in?

Jackpot Digital specializes in electronic table games and mobile gaming solutions for the cruise ship and regulated casino industries.

What is the significance of the agreement for Jackpot Digital's market position?

The agreement enhances Jackpot Digital's production and distribution capabilities, allowing the company to capitalize on a growing global market for its gaming products.