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Jackpot Submits Jackpot Blitz™ for Regulatory Approval in France
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 the Company has submitted its Jackpot Blitz™ electronic table game (“ETG”) platform for license approval by the French Ministry of the Interior. This approval, which is not subject to customary GLI certification, will allow the Company to sell its Jackpot Blitz™ ETG platform to French gaming establishments in partnership with Mascot SFM (“Mascot”). The Company and Mascot will be notified in the coming weeks when the French Ministry of Interior will be conducting their inspection of the Jackpot Blitz ETG platform.
The Company was approved as a Licensed Manufacturer of Electronic Gaming Equipment by the French Ministry of the Interior on June 16, 2017.
The Company continues to pursue customary GLI certification for Jackpot Blitz™ and will provide an update in the near future.
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™ is expected to enhance financial and operational security for casino operators and to increase ETG revenues for Jackpot and its clients.
Mr. Jake Kalpakian, Jackpot President and CEO, states "We are excited to move forward with this regulatory approval in order to close sales of Jackpot Blitz™ units to French gaming operators. As casino product approvals in France do not require GLI certification, we have a number of major French casino operators interested in installing Jackpot Blitz™ units in the near future. Along with our French Sales and Service Partner Mascot SFM, we are looking forward to capitalizing on the many new business opportunities this will open for us across France with this approval.”
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.
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