Kings Entertainment went public this week! Kings Entertainment, the parent company of LottoKings and WinTrillions went public this week on Canadian Markets under the ticker $JKPT/ $JKPT.C.
I’ve been anticipating $JKPT’s IPO and to hear updates on the company, so this is great news.
Along with the IPO announcement, leadership stated they have successfully built a solid foundation that will support significant expansion and position the company to realize robust future growth. In 2021, $LKNH performed well on its KPI's and successfully diversified its operations into online casinos, evolving from its lottery only focus.
Key updates from $LKNG include a 10% YOY revenue increase and a total unique active player increase of 48% showing the company is sustaining stable growth. I expect the company’s growth to accelerate from this point after going public.
$JKPT is currently trading at $.475 and the company is valued at an MCAP of $32.52 million.
https://www.google.com/amp/s/ca.finance.yahoo.com/amphtml/news/kings-entertainment-group-launches-canadian-172500156.html