Kings Entertainment Shares July Corporate Highlights
A strong return to action for lottery jackpots drives surge in active customers and lottery revenues
VANCOUVER, BC, Aug. 15, 2022 /PRNewswire/ - Kings Entertainment Group Inc. ("Kings Entertainment" or the "Company"), an international online service provider for lottery, casino, and sportsbook gambling and parent company of global online gaming innovators LottoKings and WinTrillions, shared its corporate results for July today.
With U.S. seeing its first spike in jackpots of the year in July, the month saw a significant uptick in active customers and lottery revenues. Lottery sales jumped 18% over the previous month, with WinTrillions and Lotto Kings pulling in a combined $446,126 in July versus $378,329 in June. Overall revenue rose 9% in July to $555,349 versus $510,440 in June. Total a...