Mr. Jake Kalpakian reports

JACKPOT DIGITAL SIGNS TWO-TABLE DEAL WITH NORTHERN WATERS CASINO RESORT IN MICHIGAN

Jackpot Digital Inc. has signed a licensing agreement to install two of the company's Jackpot Blitz dealerless poker ETGs (electronic table games) at Northern Waters Casino Resort, located in Watersmeet, Mich., United States, further expanding the company's growing Jackpot Blitz footprint. Since the company has received vendor licensing from the Lac Vieux Desert Tribe and has recently obtained GLI (Gaming Labs International) certification for its Jackpot Blitz, the company is now scheduling installation at Northern Waters.

Year to date, the company has entered into new agreements or letters of intent (LOIs) for 22 Jackpot Blitz table installations and has received LOIs for an additional 16 tables from yet-to-be-announced partners for a total of 38 new Jackpot Blitz orders so far this year. These new orders, once installed, represent approximately 58-per-cent increase in Jackpot Blitz installations. The company is in the process of obtaining licensing for the relevant jurisdictions and is expected to begin installing the next-generation Jackpot Blitz in the fourth quarter of 2023. The company's pipeline of new business is expected to grow into 2024 and beyond as the company obtains licensing for new jurisdictions.

Each new table installed shall represent additional monthly recurring revenue to the company.

In addition to Jackpot's cruise ship customers, which include Carnival Cruises, Virgin Voyages, Princess Cruises, Holland America, AIDA and Costa Cruises, Jackpot has announced land-based installations or orders in 12 states and territories in the United States and growing, including Michigan, Mississippi, Washington, Nevada, California, Kansas, Louisiana, Minnesota, Montana, Oregon, South Dakota, the U.S. Virgin Islands as well as several international jurisdictions.

About Jackpot Digital Inc.

A positive disruptor in the casino business, Jackpot Digital is a leading manufacturer of dealerless multiplayer electronic poker tables for the cruise ship and land-based regulated casino industries. The company specializes in dealerless poker, which is complemented by a robust suite of back-end tools for casino operators to efficiently control and optimize their poker businesses.

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