Mr. Jake Kalpakian reports

JACKPOT ENTERS INTO AN AMENDING AGREEMENT WITH MAXIM GROUP

Jackpot Digital Inc., further to its news release dated July 31, 2023, with respect to the financial advisory and investment banking services agreement with Maxim Group of New York, United States, an arm's-length party, has signed an amending letter agreement with certain terms and conditions. The company will pay to Maxim cash in the amount of $150,000 (U.S.) over the course of the 12-month term of the agreement. In addition, the company will grant Maxim share purchase warrants equal to $150,000 (U.S.) over a 12-month period. Each warrant will entitle Maxim to purchase one common share of the company for a period of five years from the issuance date, exercisable at a price equal to the closing market price of the company's common share at the time of issuance.

The securities that may be issued in connection with the above transaction shall include a hold period in accordance with applicable securities laws.

The agreement and the amending agreement are subject to the approval of the TSX Venture Exchange.

About Jackpot Digital Inc.

Jackpot Digital is a software developer and 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.

We seek Safe Harbor.