Jackpot Digital Signs Five-Table Deal With Dominican Republic Casino Group

VANCOUVER, BC / ACCESSWIRE / September 22, 2022 / Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSXV:JJ)(TSXV:JJ.WT.B)(TSXV:JJ.WT.C)(OTCQB:JPOTF) (Frankfurt Stock Exchange:LVH3) is pleased to announce that it has signed a license agreement with Norson Group SRL, headquartered in Santiago, Dominican Republic (“DR”), to license five (5) Jackpot Blitz® Electronic Table Games (“ETGs”) at properties in the DR to install. The license agreement is subject to obtaining customary regulatory approvals.

Norson Group SRL, incorporated in the Dominican Republic, operates 160 sports betting sites throughout the Dominican Republic.

President & CEO Mr. Jake Kalpakian states, “We are delighted to be working with Norson Group SRL, a well-known sportsbook operator with locations throughout the Dominican Republic. Poker has always worked well with sportsbook and we see an opportunity to grow with Norson in the DR, starting with an initial order of five Jackpot Blitz™ ETGs.”

Mr. Kalpakian continues: “Casinos around the world are experiencing inflationary wage pressures combined with a significant shortage of dealer/casino staff making our product more attractive than ever. The Dominican Republic is no exception, and as a company we are uniquely positioned to capitalize on the macro trend towards automation in the casino industry. Through innovative no-dealer Jackpot Blitz® technology, casinos are quickly realizing the benefits of more revenue by playing more hands per Dish out the hour while drastically reducing costs and eliminating operations/staff requirements all at once.”

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Leonardo Lantigua, (President and CEO) of Norson Group SRL, a representative of Star Sports, one of the largest sports betting franchises in the Dominican Republic, states: “I am very pleased to be doing business with Jackpot Digital and I am also very confident that Jackpot Blitz Electronic Table Games will be a smash hit here in the Dominican Republic.”

About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading manufacturer of electronic table games for the cruise ship and regulated casino industries. The company specializes in multiplayer gaming products, including poker and casino games, complemented by a robust suite of backend tools that enable operators to efficiently manage and optimize their gaming business.

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For more information about 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 Directors of Jackpot Digital Inc.,

“Jake H. Kalpakian”______
Jake H Kalpakian,
President and CEO

Trading in the Company’s securities should be considered speculative.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press 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 release.

Certain statements contained herein are “forward-looking.” Forward-looking statements may include, among other things, statements about future plans, receipt of customary regulatory approvals for new customers, proposed financing, costs, objectives, economic or technical performance, or the assumptions underlying the foregoing. In this press release, words such as “may”, “would”, “could”, “will”, “likely”, “enable”, “feel”, “aim”, “forecast”, “predict”, “potential”, “should”, “could”, “goal”, “believe”, “be”, “expect”, “propose”, “anticipate”, “intend”, “plan”, “plan”, “estimate”, and the like Words are used to identify forward-looking statements. Forward-looking statements involve 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 estimates, there can be no assurance that such assumptions, projections or estimates are correct to rely on forward-looking statements because the plans, beliefs, intentions or expectations on which they are based may not materialize.

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SOURCE: Jackpot Digital Inc.

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