Jackpot Arranges Non-Brokered Private Placement for Table Production

Vancouver, British Columbia (FSCwire) - Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH1).  The Company is pleased to announce that it is arranging for the production of at least fifty (50) units of its Jackpot Blitz™ Electronic Table Game (“ETG”) platform.  These tables represent the aggregate order size of several deals previously announced by Jackpot. 

To assist in the production of these tables, the Company proposes to enter into a non-brokered private placement financing whereby Jackpot may raise gross proceeds of up to $500,000 by issuing up to 10,000,000 units of the Company at $0.05 per unit (the “Proposed Financing”).  Each unit will consist of one common share of the Company and one non-transferable share purchase warrant to acquire an additional common share of the Company at the price of $0.06 per share for a period of five years from Closing.   In respect to this Proposed Financing, there may be finder’s fees payable to arm’s length parties.  The securities that may be issued in connection with this Proposed Financing will be subject to a hold period in accordance with applicable securities laws.  This Proposed Financing is subject to the approval of the TSX Venture Exchange.

President & CEO Jake Kalpakian states “This funding will help us to deploy tables in the marketplace as swiftly as possible.  In fact, we are in discussions to potentially double production to 100 tables, pending discussions with our parts vendors. Due to the long term, recurring revenue generated from these ETG placements, we believe this deployment will have a meaningful positive impact on our revenues going forward.”

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 complimented 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.

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