Jackpot Digital Receives License from the Mississippi Gaming Commission

Jackpot Digital Receives License from the Mississippi Gaming Commission

Jackpot Digital Inc. (TSXV: JJ,OTC:JPOTF) (TSXV: JJ,OTC:JPOTF.WT.C) (OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3) (the "Company" or "Jackpot Digital"), the world's leading provider of innovative dealerless electronic poker gaming solutions, is pleased to announce it has been granted a Manufacturer and Distributor License by the Mississippi Gaming Commission. This approval authorizes Jackpot Digital to supply gaming equipment to licensed casino operators throughout Mississippi.

This marks the Company's second state-level manufacturer's license in the United States. Additional licensing applications are currently pending in other jurisdictions as part of the Company's ongoing growth strategy.

Mississippi is one of the nation's premier destination gaming markets, generating over $2.4 billion in gross gaming revenue in 2023 (source: American Gaming Association). The state's Gulf Coast and Biloxi regions are particularly well known for their vibrant casino tourism and established gaming brands.

"We are pleased to receive this important approval from the Mississippi Gaming Commission," said Jake Kalpakian, CEO of Jackpot Digital. "This license will allow us to introduce our Jackpot Blitz® platform to commercial operators throughout Mississippi, including some of the most recognized names in the gaming industry. Demand for our technology is strong, and we look forward to delivering our advanced electronic poker experience statewide while reinforcing our commitment to innovation in gaming."

Following this license approval, several Mississippi casinos are set to receive Jackpot Blitz® tables. The Company expects to expand its footprint rapidly within Mississippi and it continues to engage with casino operators across the region.

The Company's flagship product, Jackpot Blitz®, is an advanced, dealerless poker platform that delivers interactive multiplayer games, streamlines casino operations, and enhances the player experience through state-of-the-art digital features.

To view a short video of Jackpot Brand Ambassador, Pro Football Hall of Fame and 2-time Super Bowl winning coach, Jimmy Johnson, sharing the advantages of the world leading Jackpot Blitz®, click the thumbnail below:


In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Princess Cruises, and Costa Cruises, Jackpot has announced land-based installations or orders in Canada and the United States, including California, Louisiana, Michigan, Minnesota, Mississippi, Montana, New York, Oregon, U.S. Virgin Islands, as well as several international jurisdictions.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital Inc. is the leading provider of electronic poker table games, offering innovative gaming solutions to casinos worldwide. The Company specializes in the development and deployment of dealerless multiplayer poker ETGs, providing operators with efficient, cost-effective, and revenue-generating alternatives to traditional live-dealer table games. Jackpot Digital is committed to enhancing the player experience and helping operators optimize their gaming offerings.

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 Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed 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", "expects", "propose", "anticipate", "intend", "plan", "plans" "estimate", "in due course" 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267513

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Jackpot Digital

Jackpot Digital

Overview

As fast as the global gambling market has grown in recent years, that exponential growth appears to be only the beginning. According to Research and Markets, the industry is expected to grow from US$465.76 billion in 2020 to $516.03 billion in 2021, representing a CAGR of 10.8 percent. That same report suggested that the sector could reach US$674.7 billion by 2025, with a CAGR of 7 percent, and its becoming clear that an ever-growing segment of that business will be on digital casino tables.

In North America, the trend toward electronic table games (ETGs) is starting to make waves and in Asia, demand for electronic table games (ETGs) is starting to outpace traditional live tables.

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Jackpot Digital Signs With Pit River Casino in California

Jackpot Digital Signs With Pit River Casino in California

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."

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

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

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."

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Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF) is pleased to announce the appointment of Angelo Palmisano as Chief Strategy Officer of Jackpot

Based in Las Vegas, Nevada, Mr. Palmisano brings 30 years of diverse gaming industry experience from a cross section of leadership roles. Mr. Palmisano was the founder of a start-up gaming technology company, which was ultimately sold to a multi-billion-dollar gaming technology company which he then joined. In this most recent role, Mr. Palmisano was instrumental in the expansion of the same major company and spearheaded the acquisition of several smaller, high-growth gaming companies. Mr. Palmisano is a proven entrepreneurial leader with a track record of building successful companies, brands, and market segments globally through product creation and commercial execution.

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Jackpot Digital Receives Class II License to Install Five Jackpot Blitz ETGs in Oregon's Three Rivers Casino

Jackpot Digital Receives Class II License to Install Five Jackpot Blitz ETGs in Oregon's Three Rivers Casino

Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF) is pleased to announce it has received the Class II Vendor's license from Three Rivers Casino Resort ("Three Rivers") located in Florence, Oregon. The Class II Vendor's license was the final step required for the Company to officially install Jackpot Blitz™ ETGs at the property. The Company will initially install five (5) of its revolutionary, dealerless Jackpot Blitz™ ETGs at Three Rivers. The tables are expected to be installed and in operation on the floor of Three Rivers Casino by the end of February 2022

Jackpot Digital's President and CEO, Jake Kalpakian, states "We are very excited about installing our table at Three Rivers casino in Florence, Oregon, a premiere gaming venue. We see Three Rivers as a perfect fit for our Jackpot Blitz™ ETGs and we look forward to seeing their guests enjoy an unrivalled poker experience."

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Jackpot Digital Receives Third Order From Virgin Voyages

Jackpot Digital Receives Third Order From Virgin Voyages

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 BlitzTM 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."

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