The Kings Entertainment Lottery business boomed in April!
The Kings Entertainment Group’s lottery business is doing well! The company announced on Tuesday that its performance during the month of March was “solid.”
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The month of March was a great success for our company with new registrations increasing by 10%, the number of depositing customers jumping over 50% and casino growth continuing to be strong.
Kings Entertainment marveled at the sharp increase in players despite historically low jackpots. Their active roster grew by 15% to 5,200 people with an increase both month-on-month and year over year as they noted how dependent on prize size is for this industry’s revenue model – one that relies heavily on big wins like those seen back around 2010 when citizens were winning record amounts from lotto tickets every day!
Kings Entertainment’s flagship brands, LottoKings and WinTrillions saw a 72% month-overmonth increase in new depositors this past quarter.
Steve Budin, CEO of Kings Entertainment says that their company was happy to see such an increase in customer base this past month. “Building and maintaining a healthy gambling operation starts with having active players,” said Mr.Budin n his statement after reporting record revenue for March due mostly from new customers who have been playing lately instead of sitting on the fence or quitting entirely like some other brands might do after experiencing slow growth periods.”
Kings Entertainment is a company that’s been able to successfully maintain customer relationships and continues acquiring new ones without any incentive from large jackpots. This success can be attributed, in part at least,”to the strength”of their brands Budin says!
“We are committed to organic growth and CRM strategies that will build our base. We also plan on strategically deploying paid marketing programs when jackpot sizes warrant the investment in promotional campaigns,” said John Smith from company X., CEO of Y & Z Incorporated.
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