Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.


Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?


Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

DraftKings Inc DKNG

DraftKings Inc. is a digital sports entertainment and gaming company. The Company provides users with sports betting, online casino and daily fantasy sports products, as well as media and other online consumer products. Its segments include business-to-consumer (B2C) and business-to-business (B2B). Its B2C segment includes its DraftKings-branded Sportsbook, iGaming and DFS products, as well as its other online consumer products, and its GNOG-branded Sportsbooks and iGaming products. Across its DraftKings-branded products, it offers users a single integrated product that provides one account, one wallet, a centralized payment system and responsible gaming controls. Its B2B segment is engaged in the design and development of sports betting and casino gaming software. Its B2B services are delivered through its software, and its complementary service offerings include trading and risk management and support for reporting, customer management and regulatory reporting requirements.

NDAQ:DKNG - Post by User

User Avatar Image
  • partystockerX
Post by partystockeron Jan 11, 2022 2:19pm
Post# 34304721

$DKNG Competitor LottoKings To IPO Under $JKPT

$DKNG Competitor LottoKings To IPO Under $JKPT

Previously expected to be listed under the ticker $LKNG, online betting and gaming retailer LottoKing’s is now expected to trade under $JKPT on the CSE.

With $JKPT targeting a growing Latin American market, I’m anticipating the company to be a big player should they capture this share of the global market. With a growing middle class in these regions, comes increased leisure spending and increased access to technology and the internet. 

$JKPT’s portfolio of B2C brands currently includes Wintrillions, Trillionaire, and LottoKings. Its vision is to be a global leader in the online lottery, online casino, and sports betting industry which is set to see huge growth in the coming years. 

The online gambling industry is expected to grow at a CAGR of 11.4% from 2020s market size of $66.72 billion, to reach $158.2 billion by 2028. 

Some highlights of $LKNG’s potential include:

  • Extremely high margins of 76%

  • Established platform compliant and licensed for 10+ years

  • Professional management team with 60+ years of online lottery and casino experience

  • Worldwide network of ticket brokers

  • Tight share structure (only 60 M outstanding)

  • Acquisition plan to accelerate growth

I’m looking forward to furthering news of an IPO date from LottoKings. Hopefully we get some news this quarter on when to expect the company to go public.
<< Previous
Bullboard Posts
Next >>