Jackpot Signs LOI with Ho-Chunk Gaming of Wisconsin for Jackpot Blitz™

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Jackpot Signs LOI with Ho-Chunk Gaming of Wisconsin for Jackpot Blitz™



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). Jackpot is pleased to announce that it has signed a Letter of Intent (“LOI”) with Ho-Chunk Gaming Wisconsin Dells (“Ho-Chunk”) of Baraboo, Wisconsin formalizing an order for ten (10) of the Company’s Jackpot Blitz™ Electronic Table Game (“ETG”) platforms. The table order is contingent on the Company receiving customary certification from Gaming Laboratories International (“GLI”) for the Jackpot Blitz™ ETG.

 

In the meantime, until the Company receives customary certification from GLI for the Jackpot Blitz™ ETG, Ho-Chunk will be installing ten (10) of the Company’s PokerPro ETG platforms to automate their poker facility.

 

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.

 

Mr. Casey Fitzpatrick, Executive GM of Ho-Chunk Gaming Wisconsin-Dells, states “We looked at a few poker systems that replicate online and actual live poker. The benefits of electronic poker are less mistakes and increased play of hands. This means higher revenue without the added labor costs. The other factor was the ease of Tournament play. It is less labor intensive and the customer experience is made easier than ever for adding stacks and re-buys. We have previously enjoyed success with the PokerPro product and are excited for the arrival of the new Jackpot Blitz tables!”

 

Mr. Jake Kalpakian, Jackpot President and CEO, states “We are extremely excited to sign this LOI with Ho-Chunk Gaming as our first land-based order from the United States. Ho-Chunk Gaming has shown itself to be a forward thinking and innovative organization, and we look forward to deploying Jackpot Blitz™ in their Wisconsin Dells location in the near future. Because of its unique design, gameplay experience, and profit maximization features, we are confident Jackpot Blitz™ will have widespread appeal with casino and card room operators of all sizes.”

 

About Ho-Chunk Gaming Wisconsin Dells

 

Located in Baraboo, WI only 3 hours from Chicago, Ho-Chunk Wisconsin Dells features some of the most elegant hotel rooms in the area, the signature Copper Oak steakhouse, exciting casino action and great live events all year round, Ho-Chunk Gaming Wisconsin Dells is a destination you can’t miss. The casino features over 1,700 slots, 36 table games, off-track betting and bingo. The hotel features 302 stylish deluxe rooms or executive suites, along with an indoor pool, convention centre, Kids Quest entertainment facility and great live events all year round.

 

For more information, please visit http://www.ho-chunkgaming.com/wisconsindells, call Ho-Chunk toll-free at 1(800)746-2486 or email [email protected].

 

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”, “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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