[ACCESSWIRE]
VANCOUVER, BC / ACCESSWIRE / January 10, 2017 / Jackpot Digital Inc. (the "Company" or "Jackpot") (TSX-V: JP) (OTC PINK: JPOTF) (Frankfurt & Berlin Exchanges: LVH). Jackpot is pleased to announce that it has signed a licensing agreement with Portland Meadows Horse Track and Poker Club ("Portland Meadows") after Portland Meadows received approval from the City of Portland to install Jackpot's PokerPro electronic table games (ETGs).
Jackpot will be deploying ETGs at the City's largest venue, Portland Meadows (www.portlandmeadows.com). Following the initial rollout in February, Jackpot and Portland Meadows plan to convert the majority of the poker rooms' traditional poker tables to Jackpot's ETGs during 2017. Jackpot is also targeting the remaining poker rooms in the Portland area for transition from traditional tables to ETGs in the near future.
Due to recent regulatory changes instituted by the City of Portland, the City's poker rooms now require dealerless poker tables to meet the demands of their customers. Jackpot's ETGs will offer Portland's poker rooms a faster and more reliable poker operation through patented dealerless operations, seamless accounting, no dealer tipping, multi-table tournaments, and industry leading gameplay speed.
Mr. Jake Kalpakian, President and CEO of Jackpot, states, "We are looking forward to our electronic table games rolling out at Portland Meadows. The fact is our ETGs are perfect products for racetracks/racinos, and we expect more and more of these style venues to license our ETGs. Furthermore, traditional poker room operators are increasingly interested in streamlining their operations with our ETGs, and there is huge potential in the nascent but growing electronic table game market in Portland and many other markets. We are confident that our ETGs will transform the poker scene in Portland and other poker/racino markets in the future."
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.
Jackpot NR - January 10, 2017
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.
This news release contains forward-looking information that involve various risks and uncertainties regarding future events. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information.
SOURCE: Jackpot Digital Inc.
