Updated List Provides Increased Visibility to a Wider Range of U.S. Investors, Brokers and Analysts
VANCOUVER, BC, April 28, 2022 /CNW/ – Kings Entertainment Group Inc. (“Entertainment of Kings“or the”Company“), an international online service provider for lottery, casino and sports betting games and the parent company of global online gaming innovators LottoKings and WinTrillionsis pleased to announce that the common shares of the Company commenced trading on the OTCQB market under the symbol “JKPTF” on April 25, 2022. The common shares of King Entertainment will also continue to trade on the Canadian Securities Exchange (the “CSE“) under the symbol “JKPT”.
“The listing of the Company’s common stock on the OTCQB market is an important milestone for Kings,” said Steve Budin, CEO of Kings Entertainment. “The OTCQB listing provides increased visibility to a wider range of U.S. investors and brokers and raises awareness among industry analysts. As the global online gambling industry continues to grow at an exponential rate, investors are looking for companies with the technologies, products and expertise to lead the market – and Kings Entertainment is in an ideal position to do so.”
The OTCQB is a transparent trading platform based in the United States and operated by the OTC Markets group in New York. The OTCQB is the premier marketplace for U.S. and international entrepreneurial and development-stage companies committed to providing a high-quality trading and information experience to U.S. investors. To be eligible, businesses must be up-to-date with their financial reports, pass a minimum bid price test, and undergo an annual business management audit and certification process. The OTCQB’s quality standards provide a solid foundation of transparency, as well as the technology and regulation needed to improve investors’ information and trading experience.
About King’s Entertainment
Kings Entertainment ((JKPT, OTC: JKPTF) is an international provider of online services for lottery, casino and sports betting games and the parent company of global online gaming innovators LottoKings and WinTrillions. These brands capitalize on their ability to acquire high-potential players through renowned lottery offers and then engage players in a range of casino and sportsbook offerings. LottoKings and WinTrillions have attracted and retained millions of player registrations since their inception.
Caution Regarding Forward-Looking Information
This press release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical facts, which address activities, events, results, developments, performance or achievements that the Company anticipates or expects to occur or will occur in the future (in whole or in part) should be considered forward-looking. information search. Such information may include, but is not limited to, statements regarding: the Company’s activities and business plans; the company’s strategy and current focus on building brands in the global online gaming market; and global market opportunities in the online gaming space, including with respect to anticipated growth, legalization progress in various jurisdictions, and growth in Latin America. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is planned”, “budget”, “expected”, “estimates”, “forecasts”. “, “intends”, “anticipates” or “believes” or variations (including negative variations) of these words and expressions, or statements formed in the future tense or indicating that certain actions, events or results “might “, “could”, “could”, “could” or “will” (or other variations of the above) be taken, occur, be achieved or occur. Forward-looking information is based on competitive data , financial and economic and operating plans, strategies or beliefs currently available as of the date of this press release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause actual results to occur. the performance or achievements of the Company so materially different from any future results, performance or achievements expressed or implied by the forward-looking information. These factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs regarding future growth. , results of operations, future capital (including the amount, nature and sources of their financing) and expenses. All forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the Company’s securities should be considered highly speculative.
Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this press release.
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