Jackpot’s Rights Offering Fully Exercised

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) is pleased to announce that further to Jackpot's news release of May 17, 2018, the Company's rights offering (the "2018 Rights Offering") expired at 5:00 pm (Toronto time) on June 18, 2018. Pursuant to the 2018 Rights offering, each shareholder of record on May 24, 2018 received one right (a “Right”) for every three Jackpot common shares held. One Right permitted the holder to purchase one unit (a “Unit”) at a price of $0.15 per Unit. A total of 12,266,108 Rights were exercised. Each Unit will consist of one common share and one transferable share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.50 until January 20, 2022. The Warrants will have the same terms and conditions as the warrants that were issued by the Company pursuant to the Company’s previous rights offering, which completed on January 20, 2017. The 2018 Rights Offering will result in the issuance of 12,266,108 Units comprised of 12,266,108 common shares and Warrants to purchase up to an additional 12,266,108 common shares, for total gross proceeds of $1,839,916.20. The Company has applied to the TSX Venture Exchange (the "Exchange") to list the Warrants for trading on the Exchange.

Jackpot is working with its transfer agent to calculate the number of Units purchased under the basic subscription privilege and the additional subscription privilege in connection with the 2018 Rights Offering and will provide details, including the information required by National Instrument 45-106 Prospectus Exemptions, once available. The Company expects the 2018 Rights Offering to close effective as of June 21, 2018.

For more information about the Company’s 2018 Rights Offering, please refer to the Company's Rights Offering Circular dated May 24, 2018 filed on SEDAR www.sedar.com. For more information on the Company, please contact Jake H. Kalpakian, President, 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.

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.

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)

To follow Jackpot Digital Inc. (formerly Las Vegas From Home.com Entertainment Inc.) on your favorite social media platform or financial websites, please click on the icons below.