Jackpot Signs Sales and Service Agreement with R2 Gaming
VANCOUVER, BC / ACCESSWIRE / July 31, 2017 / Jackpot Digital Inc. (the “Company” or “Jackpot”) (TSX-V: JP) (TSX-V: JP.WT) (OTCQB: JPOTF) (Frankfurt & Berlin Exchanges: LVH). Jackpot is pleased to announce that it has entered into a Sales Agency and Support Services Agreement with R2 Gaming, Inc. (“R2”). Under this agreement, R2 will serve as Jackpot’s exclusive sales and technical services partner across Canada for the Company’s electronic table games (“ETG”) products. R2 will also continue to provide technical services for Jackpot’s ETG clients in Ontario.
With a history going back to 1998, R2 Gaming is a premier product distribution and service company in Casino, Lottery and Community Gaming with a reputation for exceptional customer service. As a strategic partner for Tier 1 manufacturers, R2 Gaming provides sales, product management, and technical services for Gaming Operators, Crown Corporations, and Gaming Manufacturers. With offices and regulatory licenses in every Canadian Province, R2 Gaming enjoys strong brand recognition for world class service.
Through this agreement, R2 will market and license Jackpot’s electronic table games (“ETGs”) to casinos, card rooms, and other gaming venues across Canada. R2 will also provide customer support and technical support for Jackpot’s ETG products for its Canadian customers.
Mr. Jake Kalpakian, Jackpot President, and CEO, states, “We are excited to expand our relationship with R2 Gaming. As a leader in the Canadian gaming industry, R2 has the expertise and contacts to help us grow our ETG business quicker nationally across Canada with Jackpot Blitz™. We have high expectations for our ETG products to be placed in multiple jurisdictions across Canada, and R2 is well suited to help us achieve this quickly and successfully.”
Rocco DiPaola and Ravi Sharma, both founders and partners of R2 Gaming, state, ” Our customers have had so much success with Jackpot Digital’s previous products that we are thrilled about their next generation of electronic table game products. Jackpot Digital is a leader in this sector and it is very exciting to see them apply their innovation and technical expertise to create products that are not available from any other gaming manufacturer in this segment. We look forward to many more years as strategic partners.”
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 back-end 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”, “enable”, “feel”, “seek”, “project”, “predict”, “potential”, “should”, “might”, “objective”, “believe”, “expect”, “propose”, “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.
SOURCE: Jackpot Digital Inc.
ReleaseID: 470019