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, is pleased to share highlights from its operations in February 2022, including new registrations, growth in depositing customers and continued casino growth.
The Company leveraged its recent capital raise to launch new marketing campaigns in February aimed at accelerating customer registrations and depositors. The campaigns were extremely successful, boosting registrations by 136 percent over January, despite the three day shorter month, with 15,449 customer sign-ups achieved in February. One of Kings Entertainment’s flagship brands, LottoKings, achieved a 30 percent increase in revenue in February over the previous month.
The Company was also successful in its goal of increasing casino revenue in February, with the live casino vertical increasing active players by 12 percent. Revenue for casino operations jumped by 36 percent in February to $118,491, as compared to the first 28 days of January.