17:59:57 EDT Tue 14 May 2024
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Kings Entertainment Group Inc
Symbol JKPT
Shares Issued 134,599,242
Close 2023-09-12 C$ 0.06
Market Cap C$ 8,075,955
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Kings' Braight partners with Amazon Web in Mexico

2023-09-12 11:50 ET - News Release

Mr. Maciej Jarzab reports

KINGS ENTERTAINMENT'S SUBSIDIARY, BRAIGHT AI, FORMS STRATEGIC PARTNERSHIP WITH AMAZON WEB SERVICES (AWS) IN MEXICO

Braight AI, a leading provider of artificial intelligence (AI) big data analytics solutions and wholly owned subsidiary of Kings Entertainment Group Inc., has formed a strategic partnership with Amazon Web Services (AWS) in Mexico. The collaboration marks a significant milestone for Braight as it extends its international reach and harnesses the power of AWS cloud services to equip financial institutions in Mexico to make informed data-driven decisions, mitigate risks and optimize their marketing strategies. AWS is the world's most comprehensive and broadly adopted cloud with over 200 fully featured services and global data centres used by millions of customers to lower costs, increase agility and innovate faster.

"Collaborating with Amazon in Mexico is a significant strategic accomplishment that is part of Braight's expansion into Mexico and part of our larger, established expansion into the LATAM market," said Maciej Jarzab, founder and chief executive officer of Braight. "This partnership enables us to leverage Amazon's cutting-edge cloud services and robust infrastructure to deliver even more innovative solutions to our clients within the financial sector. We are also excited to contribute to the expansion of Amazon Web Services in Mexico while playing a pivotal role in advancing the country's financial technology landscape."

Braight AI is renowned for its expertise in delivering advanced risk assessment and marketing solutions tailored to the financial sector. By leveraging state-of-the-art technologies, artificial intelligence and machine learning, Braight consistently drives innovation and empowers financial institutions worldwide to address complex challenges, enhance operational efficiency and maintain a competitive edge.

The partnership with AWS further strengthens Braight's market inroads and commitment to delivering advanced and secure services to its clients in Mexico. By joining forces with Amazon, Braight gains access to an extensive suite of proven and trusted cloud services, enabling the enhancement of Braight's existing portfolio of services and the development of tailored solutions for the unique needs of the Mexican financial sector.

The partnership also offers mutual benefits. While Braight will gain further streamlined operations, improved scalability and heightened data security measures that will ensure the highest level of service for its clients, the company will also work closely with Amazon as a trusted collaborator to identify growth opportunities and explore new markets in mexico's financial technology ecosystem.

Mr. Jarzab added, "Through this co-operation, we reaffirm our commitment to providing cutting-edge solutions and driving digital transformation within Mexico, LATAM and the fintech industry as a whole."

About Kings Entertainment Group Inc.

Established in 2005, Kings Entertainment is a global on-line service provider for lottery, casino and sportsbook gambling. With a diverse portfolio of assets, the company has expanded its offerings through strategic acquisitions, including the recent addition of Braight AI, a leading provider of artificial intelligence (AI) big data analytics solutions.

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