Jackpot Digital Inc. — Capital/Financing Update 2024

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JACKPOT DIGITAL HIRES ROBERT WATERS TO ASSIST IN INVESTOR RELATIONS PROGRAM

Vancouver, British Columbia – June 3, 2024 – Jackpot Digital Inc. (the "Company" or "Jackpot") (TSX-V: JJ) (TSX-V: JJ.WT.B) (TSX-V: JJ.WT.C) (US OTCQB: JPOTF) (Frankfurt Stock Exchange: LVH3). The Company is pleased to announce that it has engaged the services of Mr. Robert Waters, MBA, of Vancouver, BC, an arm’s length party, to provide investor relations services and shareholder communications for the Company in accordance with Policy 3.4 - Investor Relations, Promotional and Market-Making Activities ("Policy 3.4") of the TSX Venture Exchange (the "TSXV").

Pursuant to the consulting agreement and in consideration for Mr. Water’s services, Mr. Waters will receive a cash fee of $6,000 per month over a period of twelve months for a total of $72,000. Mr. Waters does not currently own shares in Jackpot, and under the agreement Mr. Waters will be granted 350,000 stock options exercisable at the price of $0.10 per share for a period of twelve months, vesting quarterly over a 12-month period. The Agreement is subject to the approval of the TSXV.

For more information on the Company, please contact Jake H. Kalpakian, President, at (604) 681-0204 ext. 6105, or visit the Company’s website at www.jackpotdigital.com.

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 backend tools for casino operators to efficiently control and optimize their poker business.

For more information on the Company, please contact Jake H. Kalpakian, President and CEO, at (604) 6810204 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.

Jackpot Digital Inc. Suite 575 – 510 Burrard Street Vancouver, BC V6C 3A8 Tel: (604) 681-0204 Fax: (604) 681-9428 www.jackpotdigital.com email: [email protected]

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Certain statements contained herein are “forward-looking”. Forward-looking statements may include, among others, statements regarding Jackpot's future plans, the obtaining of customary regulatory approvals, projected or proposed financings, 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”, “expects”, “propose”, “anticipate”, “intend”, “plan”, “plans” “estimate”, “in due course” 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.

Jackpot Digital Inc. Suite 575 – 510 Burrard Street Vancouver, BC V6C 3A8 Tel: (604) 681-0204 Fax: (604) 681-9428 www.jackpotdigital.com email: [email protected]