Thu, 17 Oct 2019

New Jackpot Blitz Features Increasing Table Revenue

ACCESSWIRE
16 Sep 2019, 22:25 GMT+10

VANCOUVER, BC / ACCESSWIRE / September 16, 2019 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSXV:JP) (TSXV:JP.WT)(TSX-V:JP.RT) (OTCQB:JPOTF) (Frankfurt & Berlin Exchanges: LVH2). Jackpot is pleased to announce it released two major new gameplay features to its Jackpot Blitz™ electronic table game platform in Q3. The two new features, a Bad Beat Progressive Jackpot and a house banked side bet, "Bet the Flop", have increased product revenue per table by more than 10% year over year through two (2) months of operation.

In addition, one (1) of the Company's Jackpot Blitz™ tables earned the Company more than $11,000 USD in August 2019, the most profitable single table month since the launch of Jackpot Blitz™ in 2017.

Mr. Jake Kalpakian, Jackpot President and CEO, states "the launch of Bad Beat Progressive Jackpot and Bet the Flop have been very positive, helping us deliver new revenue opportunities to our customers and increasing our revenue in turn. We continue to build on the value proposition of Jackpot Blitz™, it's more fun to play, costs less to operate, and generates more money than a traditional poker table while players still enjoy the same social interaction. The fact is you can continually add content through the Jackpot BlitzTM ETGs and expand the player entertainment experience while at the same time increasing profits. We look forward to many more positive developments as we release new features for Jackpot Blitz™ in the near future."

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.



View source version on accesswire.com:
https://www.accesswire.com/559647/New-Jackpot-Blitz-Features-Increasing-Table-Revenue

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