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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 business to consumer service provider that allows users to participate in lotteries and casino-style online games throughout the world with a simple login and access. The Company offers an easy transition from lottery to casino gambling that attracts players to easily participate in both game types. Players are of age of majority and are monitored according to requirements under the Curacao Gaming License. Lottokings Group operates through multiple brands and websites, which include www.wintrillions.com, www.trillionaire.com and www.LottoKings.com (the Brands). In addition to the lottery services, the Company offers a connected experience that enables users to play and switch with ease between scratch cards and casino games. Its geographical segments include Mexico, Brazil, Other Latin American countries, and Other. Its subsidiaries include Legacy Eight Curacao N.V., Legacy Eight Malta Ltd. and others.


CSE:JKPT - Post by User

Kings Entertainment Group Inc
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Post by Stockydocon Apr 05, 2022 2:49pm
141 Views
Post# 34577774

Great news today - Ontario regulatory framework for iGaming

Great news today - Ontario regulatory framework for iGamingGreat news as Ontario's new regulatory framework for iGaming will allow private-sector operators of online sportsbooks and casinos to legally take bets within Ontario. With more jurisdictions around the world supporting private-sector gambling, Ontario becomes the first to do so in Canada - more provinces are likely to follow.

This creates additional opportunities as operators can shift gaming revenue from offshore and illegal operations to legal Ontario-based operations in a market worth $100M/yr. $JKPT CEO, Steve Budin, also commented that the company is looking expand into emerging markets as jurisdictions around the globe are increasingly implementing frameworks supporting legal private-sector gambling.

https://ca.finance.yahoo.com/news/private-sector-operators-online-sportsbooks-120300792.html
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