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Kings Entertainment Group Inc C.JKPT

Alternate Symbol(s):  KENGF

Consumer Cyclical Resorts & Casinos
Kings Entertainment Group Inc. is a Canada-based international online service provider for lottery, casino, and sportsbook gambling and parent company. The Company specializes in online lotteries and casino-style games under the brands www.wintrillions.com (WinTrillions), and www.LottoKings.com (LottoKings). These brands acquire players through renowned lottery offerings, then engage players in a range of casino and sportsbook offerings. The Company, through the Curacao Gaming License, offers a seamless transition between lottery and casino gambling experiences, including lottery subscriptions and a browser-based casino game. Its geographical segments include Mexico, Brazil, Other Latin American countries, and Other. Its subsidiary, Braight AI Technologies Inc., is a provider of artificial intelligence (AI) big data analytics solutions. Its other subsidiaries include Legacy Eight Curacao N.V. (L8 Curacao), Azteca Messenger Services S.A. de C.V. (AZT) and Phoenix Digital Services Ltd.


CSE:JKPT - Post by User

Kings Entertainment Group Inc
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Post by waves1on Mar 10, 2022 4:19pm
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Post# 34504371

$JKPT February Operations Highlights

$JKPT February Operations HighlightsHighlights from Kings Entertainment ($JKPT.CN) February 2022 operations:
• Customer registrations boosted by 136% with 15,449 new customer sign-ups
• Lotto Kings achieved a 30% increase in revenue in February over the previous month
• Increased casino revenue with live casino vertical increasing active players by 12%
• Revenue for casino operations increased by 36% to $118,491

$JKPT's success in February can be attributed to the launch of new marketing campaigns aimed at accelerating customer registrations and depositors. The success of these marketing campaigns is going to be instrumental in $JKPT's revenue strategy this fiscal year according to CEO Steve Budin.

The strategy of transitioning their lottery base to the casino vertical is clearly working and will form a strong foundation for long term revenue growth based on $JKPT's increase in active casino players and casino revenue.

https://www.newswire.ca/news-releases/kings-entertainment-shares-february-operational-highlights-819166478.html
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