StockHawk1 wrote: Kings Entertainment Group ($JKPT.C) took a hit today so it might be a good time to buy the dip.
If you haven't heard of $JKPT before it is the parent company of LottoKings and WinTrillions which provides international online lottery, casino, and sportsbook gambling services.
$JKPT's total casino revenue in 2021 was $1.M (a 43% increase from 2020). Also, its total Unique Active Casino Players increased by 48%.
This year $JKPT plans to continue to execute on its core lottery strategy, accelerate the expansion of its global casino business, as well as investigate launching a presence in the metaverse.
Most recently $JKPT launched LottoHub, its global lottery results app which lets users choose up to 10 favourite lotteries for instant viewing on iOS after a successful Google Play launch.
Personally, I really can see this company going places and I think it is a total steal at its current share price of $0.28.
MC is $19.17 M
Lost more info on $JKPT's recent moves here: https://www.theglobeandmail.com/investing/markets/stocks/JKPT-CN/pressreleases/