Tue, 28 May 2019

Jackpot Digital Signs Agreement with Virgin Voyages

ACCESSWIRE
16 May 2019, 03:43 GMT+10

VANCOUVER, BC / ACCESSWIRE / May 15, 2019 / 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 Software License and Equipment Lease Agreement (the 'Agreement') with Virgin Voyages.

The Agreement outlines an order for one (1) of the Company's Jackpot BlitzTM Electronic Table Game ('ETG') platforms on Scarlet Lady, the first ship in the Virgin Voyages fleet. The Agreement also outlines financial terms for additional product installations contingent on the success of the first ETG installed aboard the Scarlet Lady.

Virgin Voyages is a global travel brand committed to creating the world's most irresistible holiday. With operations in the US, UK and Europe, Virgin Voyages currently has four ships on order with master shipbuilder Fincantieri. Virgin Voyages' first ship, Scarlet Lady, will sail from Port Miami in 2020 for her inaugural sailing season, where she will sail to the Caribbean hosting more than 2,770 sailors and 1,150 amazing crew from around the world. Keep watch on virginvoyages.com for more updates.

'Our Scarlet Lady is Adult-By-Design, which means that we are building a sanctuary at sea for the 18+ traveler, complete with epic experiences for our Sailors to enjoy. Jackpot Digital has a proven track-record for success and their stellar systems made them a natural fit to provide exceptional casino products for our Sailors,' said Frank Weber, Senior Vice President of Hotel Operations for Virgin Voyages.

Mr. Jake Kalpakian, Jackpot President and CEO, states 'This is another major milestone for our Company. Jackpot BlitzTM has successfully launched in nearly 40 cruise ship casinos to date, and we are excited to further demonstrate how effectively our product can automate poker operations onboard to reduce costs and increase revenues. We are very excited to grow our share of the cruise ship casino poker market through this agreement with Virgin Voyages.'

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/545518/Jackpot-Digital-Signs-Agreement-with-Virgin-Voyages

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