January 24, 2022 · News

Kings Entertainment Group lists on the Canadian Securities Exchange

Vancouver-based Kings Entertainment Group will begin trading on the Canadian Securities Exchange (CSE)
Kings Entertainment Group lists on the Canadian Securities Exchange

Vancouver-based Kings Entertainment Group testament commence trading on the Canadian Securities Exchange (CSE).

Under the stock ticker JKPT, the grouping will tour public as it looks to leveraging its drawing brands’ reputation to shoot some liquidity for expansion.

With a market cap of $46.5bn, the CSE is a little but rapidly growing stockpile exchange. However, it lags far behind its primary quill competitor, the Toronto Stock Exchange (TSX), which boasts a market crest of $3.1tn (trillion).

Nevertheless, Kings’ CEO Steve Budin remarked: “Listing on the CSE will provide us memory access to the working capital that will enable this expansion.”

The group’s flagship property, LottoKings, is hoping to capitalise on its reputation to “attract and engage” an international participant base, and raise its footmark inward the live-dealer casino games and sportsbook sectors.

“The set in motion on the CSE is a decisive factor of the company’s ontogenesis plan,” noted Budin.

“Our strategy of leveraging striking lottery offerings to create meshed gambling casino players has proven really successful and we’re now focused on harnessing this strength to grow our brands in the rapidly growing planetary online gaming market.

“Listing on the CSE will provide us get at to the chapiter that testament enable this expansion.”

Moreover, Kings believes its “strong presence in Latin America” will bring home the bacon a whole fundament to foster its international ambitions, with a focalize on the US and Europe.

The aggroup said it “continues to centering on obtaining the required licensing and software” to come apart into fresh regulated markets. Alongside LottoKings, the group owns WinTrillions.

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