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Jackpot Signs LOI with Rosebud Casino of South Dakota for Jackpot Blitz(TM)

Thursday, 07 November 2019 06:30 AM

Jackpot Digital Inc.

VANCOUVER, BC / ACCESSWIRE / November 7, 2019 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JP)(TSXV:JP.WT)(TSXV:JP.WT.J) (OTCQB:JPOTF)(Frankfurt:LVH2)(Berlin:LVH2). Jackpot is pleased to announce that it has signed a Letter of Intent ("LOI") with Rosebud Casino in South Dakota formalizing an order for two (2) of the Company's Jackpot Blitz™ Electronic Table Game ("ETG") platforms. These Jackpot Blitz™ ETGs will be replacing live dealer tables currently in play on Rosebud Casino's gaming floor. The table order is contingent on the Company receiving regulatory approval from the Rosebud Sioux Tribal Gaming Regulatory Authority Commission.

Mr. Todd Hay, General Manager of Rosebud Casino, states "We continue to charge forward and to the head of the pack in every area, dining, a variety of loose slot machines, renovation(s), top notch customer service, latest and greatest in table games selection, and of course, cutting edge marketing programs. Jackpot Blitz™ is an innovative new product, and we are excited to install these tables on our floor very soon. We are a force to be reckoned with today and with our ongoing improvements across the board, we will continue to blow the competition clean out of the water!"

Mr. Jake Kalpakian, Jackpot President and CEO, states "We are extremely excited to sign this LOI with Rosebud Casino. We had a number of great conversations with them at G2E last month and they showed themselves to be an innovative group looking to expand their game offerings for their players. We are looking forward to having Jackpot Blitz™ installed in their poker room soon."

About Rosebud Casino

Located in South Dakota on the Rosebud Sioux Indian Reservation, Rosebud Casino features the best in slot machines, table games and bingo for players to try their hand at. Attend one of their daily or weekly promotions for more ways to have fun and win. As players make their way through the casino, players will also find an assortment of entertainment and dining options that will satisfy any palate, including the popular Rosebud Room Buffet. Rosebud Casino also offers a Quality Inn Hotel for a great hotel stay experience, along with concerts and events at the Rosebud Casino Event Center. For more information, please visit https://rosebudcasino.com/ or call 1 (800) 786-ROSE.

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", "feel", "seek", "project", "predict", "potential", "should", "might", "objective", "believe", "expect", "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.

Topic:
Company Update
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