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). Further to the
Company’s news release on November 10, 2017, Jackpot is pleased to announce that it has signed a new Software License and
Equipment Lease Agreement (the “Agreement”) with Carnival Corporation & plc (“Carnival”). The Agreement outlines terms for the
replacement, in phases, of the Company’s existing PokerPro Electronic Table Game (“ETG”) platform with the Company’s
next-generation Jackpot Blitz™ ETG on Carnival’s ships, subject to
certain terms and conditions.
Jackpot has already replaced seven (7) PokerPro tables on Carnival ships with Jackpot Blitz™ units to date, and thus far all seven (7) Jackpot Blitz™ tables have gained positive feedback from their guests. In
addition to the Company’s Jackpot Blitz™ and ProCore ETG platforms,
Jackpot Digital currently has more than 60 PokerPro tables in operation on Carnival ships.
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 worldwide.
Jackpot Blitz™ is expected to enhance financial and operational
security for casino operators and to increase ETG revenues through additional game content and features.
The Company’s primary business model is the licensing of its ETG tables to casino operators in exchange for a monthly
recurring revenue stream.
Marty Goldman, Carnival’s Sr. Vice President of Global Casino Operations, states “We have been pleased with the performance of
the new Jackpot Blitz tables, and look forward to further improvement driven by the new content and functionality currently in
development.”
Mr. Jake Kalpakian, Jackpot President and CEO, states “We are extremely excited to have signed this agreement with Carnival.
As the world’s largest leisure travel company, Carnival has been an excellent partner for the introduction of Jackpot Blitz™ to date, and we look forward to continuing our deployment of
Jackpot Blitz™ on their ships. Jackpot Blitz™ is a game changer for the casino industry, and we look forward
to seeing positive revenue growth from these Jackpot Blitz™ ETGs with
our valued partners at Carnival.”
Mr. Kalpakian adds, “This is a significant milestone for our Company and we are tremendously enthusiastic about our future.
With our Jackpot Blitz™ ETG and upcoming product pipeline, we are well
positioned to expand our market share in electronic table gaming.”
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.
About Carnival Corporation & plc
Carnival Corporation & plc, the world’s largest leisure travel company, provides travelers around the globe with extraordinary
vacations at an exceptional value. Carnival’s portfolio of global cruise line brands includes Carnival Cruise Line, Fathom,
Holland America Line, Princess Cruises and Seabourn in North America; P&O Cruises (UK) and Cunard in Southampton, England;
AIDA Cruises in Rostock, Germany; Costa Cruises in Genoa, Italy; and P&O Cruises (Australia) in Sydney. Additionally,
Carnival Corporation owns a tour company that complements its cruise operations: Holland America Princess Alaska Tours which
operates in Alaska and the Yukon.
For more information contact:
Roger Frizzell, rfrizzell@carnival.com, (305) 406-7862
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.
To view the associated document to this release, please click on the following link:
public://news_release_pdf/JackpotDigital02272018_0.pdf
To view the original release, please click here
Source: Jackpot Digital Inc. (formerly Las Vegas From Home.com Entertainment Inc.) (TSX Venture:JP, OTCQB:JPOTF, FWB:LVH1)
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