Mr. Jake Kalpakian reports

JACKPOT ENTERS INTO DEBT SETTLEMENT AGREEMENT WITH EVERI

Jackpot Digital Inc. has entered into a debt settlement agreement with Everi Games Inc. whereby the company and Everi have agreed to settle the company's outstanding debt of $3,862,105 (U.S.) by making a payment to Everi of $1,762,105 (U.S.) on or before March 15, 2018, and by reducing the exercise price of the 7.5 million warrants dated Aug. 10, 2015, that were previously issued by the company to Everi from 20 cents per share purchase warrant to five cents per share purchase warrant on or before Jan. 22, 2018. The reduction of the exercise price of the warrants shall be subject to the approval of the TSX Venture Exchange.

President and chief executive officer, Jake Kalpakian, states: "This is an extremely positive event. With this settlement, the company will be substantially reducing its debt and our improved balance sheet should hopefully attract the required capital to focus and maximize our exciting growth potential."

About Jackpot Digital Inc.

Jackpot Digital 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 back-end tools for operators to efficiently control and optimize their gaming business.