The estimated total annual consumer spending on lotteries is $85.6 billion. Which is more than the combined spending on print and digital books ($1.8 billion), movie tickets ($11.9 billion), video games ($31.5 billion), concert tickets ($10.4 billion) and sporting events ($17.7 billion) COMBINED.
Spending on online gambling has been especially high as the pandemic added incentive for consumers to try methods of gambling that are not in-person.
If you're looking to invest in online gambling I have an IPO coming to the CSE that you are going to want to watch out for.
LottoKings is expected to start trading under the ticker $LKNG.C before this December.
The company is already highly profitable with $LKNG making $5.6M in 2020.
$LKNG 's portfolio includes Wintrillions, Trillionaire and LottoKings. WinTrillions and LottoKings alone have had an average of 118K sign-ups per month.
Additionally, they have a tight share structure of only 60 M outstanding.
I highly recommend reading this DD here if$LKNG is sparking your interest:
Source for Gambling Sector facts: https://techcrunch.com/2021/11/09/j...-lottery-app-into-mobile-gaming/?guccounter=2
Spending on online gambling has been especially high as the pandemic added incentive for consumers to try methods of gambling that are not in-person.
If you're looking to invest in online gambling I have an IPO coming to the CSE that you are going to want to watch out for.
LottoKings is expected to start trading under the ticker $LKNG.C before this December.
The company is already highly profitable with $LKNG making $5.6M in 2020.
$LKNG 's portfolio includes Wintrillions, Trillionaire and LottoKings. WinTrillions and LottoKings alone have had an average of 118K sign-ups per month.
Additionally, they have a tight share structure of only 60 M outstanding.
I highly recommend reading this DD here if$LKNG is sparking your interest:
Source for Gambling Sector facts: https://techcrunch.com/2021/11/09/j...-lottery-app-into-mobile-gaming/?guccounter=2