Jackpot Signs Agreement with Wild Rose Casinos and Resorts for Jackpot Blitz™ ETGs in Iowa

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Jackpot Signs Agreement with Wild Rose Casinos and Resorts for Jackpot Blitz™ ETGs in Iowa



Vancouver, British Columbia (FSCwire) - Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (US OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH). Jackpot is pleased to announce that it has signed Software License and Equipment Lease Agreements (the “Agreements”) with three casinos operated by Wild Rose Casinos & Resorts (“Wild Rose”) in Iowa. The Agreements outline the terms for placement of one Jackpot Blitz™ ETG at Wild Rose Casino & Resort Jefferson, Wild Rose Casino & Resort Clinton and Wild Rose Casino & Resort Emmetsburg.

 

The Agreements are contingent on the Company receiving customary certification from Gaming Laboratories International (“GLI”) for the Jackpot Blitz™ ETG, which the Company expects to receive in early Q4, 2018. Jackpot will be earning a share of gross revenues generated by the ETGs under this Agreement.

 

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. Jackpot Blitz™ is expected to enhance financial and operational security for casino operators and to increase ETG revenues for Jackpot and its clients. Jackpot Blitz™ has once again been shortlisted for a Global Gaming Award, this year in the Product Innovation category.

 

“We are excited to bring this new format of gaming to Iowa,” said Wild Rose Casinos & Resorts President and Chief Operating Officer Tom Timmons. “With our guests asking for more exciting technology combined with the opportunity for increased social interaction we feel this format of entertainment will provide our guests with a new, innovative and exciting gaming option.”

 

Mr. Jake Kalpakian, Jackpot President and CEO, states, “This is another very positive development for the Company. We are very excited to work with Wild Rose Entertainment as we roll out Jackpot Blitz™ with land-based casinos across North America. In all our discussions, Wild Rose has shown a commitment to excellence and innovation, and we believe they will be excellent partners operating our Jackpot Blitz™ in Iowa. We look forward to installing our Jackpot Blitz™ ETGs as soon as possible in their 3 Iowa locations.”

 

About Wild Rose Casinos & Resorts

 

With an emphasis on small-town friendliness and the allure of big-city fun, Wild Rose Casinos & Resorts carved a niche in Iowa gaming more than a decade ago. In Wild Rose’s first two years of operation, they built Wild Rose Emmetsburg and acquired one of Iowa's last cruising riverboats, the Mississippi Belle II which blossomed into Iowa’s first land-based casino with Wild Rose Clinton. In 2015, Wild Rose opened their third casino, Wild Rose Jefferson, which has become central Iowa's hottest new casino and entertainment spot. At each of their three casinos, Wild Rose offers a mix of table games and slot machines, restaurants, hotels, and entertainment venues.

 

For more information on Wild Rose Casinos & Resorts, please visit the Wild Rose website at www.wildroseresorts.com

 

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.







Source: Jackpot Digital Inc. (formerly Las Vegas From Home.com Entertainment Inc.) (TSX Venture:JP, OTCQB:JPOTF, FWB:LVH1)

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