A soon to IPO company called LottoKings expected to be listed on the CSE under the ticker $LKNG. LottoKings is a holding company of online gaming and entertainment assets. Their portfolio of B2C brands and operations currently includes Wintrillions, Trillionaire and LottoKings. Their vision is to be a global leader in online lottery, online casino and sports betting.
With other online betting and gambling platforms like Draftkings (currently valued near $3 billion) seeing huge growth, especially since the pandemic, I’m expecting LottoKings to be a big player. They are targeting mostly unrepresented South/Central American markets. With the middle class in these regions growing at astronomical rates, it’s expected that we’ll see an increase in leisure spending in these regions.
I’m also anticipating the rise of the metaverse and a larger increase in online spending to spur huge growth in the online gambling industry. With metaverse platforms like Decentraland already incorporating in-game casino’s, it’s kind of a no-brainer that lottery and gambling will soon be finding its way into more peoples' worlds.
The online gambling industry is expected to grow at a CAGR of 8.7% to reach $14.5 billion by 2026. Definitely worth keeping an eye out for IPO announcements from LottoKings.
https://www.lottokings.com/about/