Business
Jackpot Signs LOI with South American Casino for Jackpot Blitz(TM)
VANCOUVER, BC / ACCESSWIRE / December 6, 2018 / Jackpot Digital Inc. (the "Company" or "Jack...
About this update from Jackpot Digital Inc.
[{"type":"text","content":"Jackpot Signs LOI with South American Casino for Jackpot Blitz(TM)VANCOUVER, BC / ACCESSWIRE / December 6, 2018 / Jackpot Digital Inc. (the \"Company\" or \"Jackpot\") (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH2). Jackpot is pleased to announce that it has signed a Letter of Intent (\"LOI\") with a casino operator in South America formalizing an order for one (1) of the Company's Jackpot Blitz™ Electronic Table Game (\"ETG\") platforms. The Company will now begin its due diligence process as the parties negotiate the terms of a complete Software License and Equipment Lease Agreement.Jackpot Blitz™ is the Company's proprietary next generation gaming platform, offering an incomparable player experience to go with unrivalled operator efficiency, flexibility, and profitability. Jackpot Blitz™ represents a significant leap from Jackpot's industry-leading PokerPro ETG system, which is currently in operation with cruise lines, poker rooms, and casinos. Jackpot Blitz™ is expected to enhance financial and operational security for casino operators and to increase ETG revenues for Jackpot and its clients.Mr. Jake Kalpakian, Jackpot President and CEO, states \"We are happy to sign this LOI to begin Jackpot Blitz™ placements in South America. Now that we have received GLI certification, we believe Jackpot Blitz™ has a strong future in Latin America and we look forward to working with the casino management to allow them to offer the Jackpot Blitz™ table for the first time in South America.\"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 ofJackpot Digital Inc.\"Jake H. Kalpakian\"_____________________________Jake H. KalpakianPresident & CEOTrading in the securities of the Company should be considered specul...