LottoKings is a holding company of online gaming and entertainment assets specifying in online lottery, casinos, and sports books.
Their portfolio of B2C brands and operations currently includes Wintrillions, Trillionaire and LottoKings. Their 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.
I’m expecting LottoKings to be a big player in this expanding industry. They are targeting growing Latin American markets for their platform. Predominantly Mexico, Argentina, and Brazil.
With the middle class in these regions growing at astronomical rates, it’s expected that we’ll see an increase in leisure and entertainment spending in these regions.
I’ll be watching for IPO announcements from LottoKings in the near future. LottoKings is expected to be listed on the CSE under the ticker $LKNG.
https://www.lottokings.com/about/