Jackpot Digital Preparing to Enter United States Sports Betting Market

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) announces that it will be introducing sports betting software to its Jackpot Blitz^TM kiosks.

The recent ruling by the U.S. Supreme Court determined that the Professional and Amateur Sports Protection Act of 1992 (PASPA) is unconstitutional.  The Supreme Court ruling enables states to individually introduce legislation to legalize sports betting.  A total of 18 states have introduced legislation to legalize sports betting, with more states expected to follow this year. The American Gaming Association estimates USD 150 billion dollars are wagered annually on sporting events in the United States.

Jackpot Digital is preparing to enter the US market with an automated sports betting solution for operators. The Jackpot Blitz^TM betting kiosk will automate sportsbook operations by accepting, grading and paying wagers. Customers will be able to control the Jackpot Blitz^TM kiosk using the touchscreen and can place wagers on sporting events worldwide from the terminal.

Land-based Sportsbook operations run on narrow margins. The Jackpot Blitz^TM kiosk will allow operators to offer sports betting to customers at a cost-effective rate. By reducing expenses, the Jackpot Blitz^TM kiosk will enable operators to offer customers better odds to increase play.

President & CEO Mr. Jake Kalpakian states, “There is a tremendous crossover between poker players and sports wagering.  We feel we are uniquely positioned to offer an amazing customer experience coupled with tremendous opportunities across the United States. We have been manufacturing the hardware for our Jackpot Blitz^TM  kiosk since 2017 and are very excited about the potential of our product after the Supreme Court ruling”.

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.

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