Symbols: JP.TSX Venture Exchange JPOTF.OTC Pink

LVH. Frankfurt & Berlin Stock Exchanges

NEWS RELEASE

Jackpot clarifies position in Portland

VANCOUVER, BRITISH COLUMBIA. January 16, 2017 - Jackpot Digital Inc. (the "Company" or "Jackpot") (TSX-V: JP) (US OTC Pink: JPOTF) (Frankfurt & Berlin Exchanges: LVH). The Company advises that the transaction announced on January 10, 2017 will not proceed. President & CEO of Jackpot, Mr. Jake Kalpakian states "We are disappointed at this setback but we are hopeful that we will have another opportunity at some point to enter the Portland market. In the meantime, we will focus our efforts with other licencing opportunities."

About Jackpot Digital Inc.

Jackpot Digital Inc. is a leading electronic table games (ETGs) 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 backend 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.

This news release contains forward-looking information that involve various risks and uncertainties regarding future events. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information.

Jackpot Digital Inc.

Suite 300, 570 Granville Street Vancouver, BC V6C 3P1

Tel: (604) 681-0204 Fax: (604) 681-9428

www.jackpotdigital.com info@jackpotdigital.com

Jackpot Digital Inc. published this content on 16 January 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 16 January 2017 22:15:06 UTC.

Original documenthttp://www.jackpotdigital.com/nr/17/JP_NR_16Jan2017_Portland_Update.pdf

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