CALGARY, AB and ISLE OF MAN, United Kingdom, April 30, 2021 /PRNewswire/ – Real Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (“Real Luck Group” or the “Company”) and its subsidiary corporations doing enterprise as “Luckbox” (the “Group”), an award-winning supplier of authorized, real-money esports and sports activities betting, immediately filed monetary outcomes for the complete 12 months 2020 on SEDAR.
“Fiscal 2020 was an necessary 12 months for our younger firm as we achieved a number of necessary milestones, together with our oversubscribed fairness financing and public itemizing on the TSX Venture Exchange,” stated CEO Quentin Martin. “Our focus all through fiscal 2020 was on creating our proprietary esports betting platform and, regardless of nominal advertising spend, we had been in a position to organically and effectively enhance our viewers as the worldwide pandemic introduced esports betting into focus throughout early 2020. However, the calendar of esports occasions was adversely impacted, notably within the second half, as a result of postponement of the most important esports occasion of the 12 months – the Dota 2 International. This 12 months’s esports calendar appears significantly better, and our sturdy stability sheet positions us for wholesome development in 2021 and 2022. As we proceed to develop our group, improve our product and unfold the phrase about Luckbox with a complete advertising technique in place, we stay up for providing our prospects the chance to wager on a number of extremely anticipated occasions.”
“We are nicely capitalized owing to the profitable Private Placement of Special Warrants in March 2021 to execute our mission of delivering Esports Betting Done Right,” stated Chief Customer Officer Thomas Rosander. “As nicely as accelerating our buyer acquisition efforts, this capital permits us to proceed bettering the Luckbox platform, strengthening our group, and interesting with related third events to create the world’s main esports betting platform, with fundamentals in place to make sure long-term development. To this finish, we’re implementing new, data-driven programs forward of considerably accelerating our buyer acquisition efforts with the intention to guarantee the best potential return on funding from our advertising spend. We stay up for sharing the success of those new advertising applications throughout 2021.”
Subsequent occasions to 2020
Milestones achieved by the Company in 2021 to this point:
Completion of Private Placement of Special Warrants, with gross proceeds of $17.8 million.
Addition of sports activities betting, permitting followers to wager on greater than 100 sports activities along with esports, together with soccer, soccer, basketball and tennis.
Implementation of premium fee processors with partnerships together with Skrill, NETELLER and Trustly, which scale back participant friction.
Appointment of Chief Customer Officer Thomas Rosander, former CEO of Dunder Casino, which achieved €1 million in gross gaming income in lower than one month and noticed a month-to-month development fee above 17% over two years.
Partnership with Income Access, an industry-leading online marketing platform, which we count on will allow us to extra successfully deploy capital in the direction of buyer acquisition.
Uplist to OTCQB Exchange, permitting a bigger investor base to take part in our development.
About Luckbox
The Company is an award-winning betting firm that gives authorized, real-money betting, reside streams, and statistics on all main esports and sports activities on desktop and cellular gadgets. The Company has a Business-to-Consumer (B2C) platform, and by leveraging shared expertise, knowledge, and sources, the Company can supply an intensive vary of betting choices for esports tournaments. The Company’s in-house personalized consumer interface and consumer expertise, constructed on a expertise stack that helps a number of odds and streaming sources, permits the Company to ship deep esports betting protection. The Company has been constructed by a group combining expertise within the igaming {industry} and a ardour for esports to supply gamers a singular, broad, participating, and authorized CS:GO betting, Dota 2 and League of Legends betting expertise. The Company serves esports followers in additional than 80 territories throughout the globe. In November 2020, Luckbox was named Rising Star on the EGR Operator Awards. The Company (through the Group) holds a full licence underneath the Online Gambling Regulation Act (OGRA), issued by the Isle of Man Gaming Supervision Commission. As the Group is totally licensed within the Isle of Man for B2C and B2B esports & sports activities betting and on line casino, the Company has entry to beneficial fee processors. Luckbox is dedicated to supporting accountable playing.
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CAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTS
The TSX Venture Exchange has neither permitted nor disapproved the contents of this press launch. Neither TSX Venture Exchange nor its Regulation Services Provider (as that time period is outlined in insurance policies of the TSX Venture Exchange) accepts duty for the adequacy or accuracy of this launch.
Cautionary Note Regarding Forward-Looking Statements: This launch consists of sure statements and knowledge which will represent forward-looking info inside the that means of relevant Canadian securities legal guidelines. All statements on this information launch, aside from statements of historic information, together with statements relating to future estimates, plans, targets, timing, assumptions or expectations of future efficiency, together with the idea that the Company’s sturdy stability sheet positions it for wholesome development in 2021 and 2022; the capital raised from the Special Warrant Private Placement will allow the Company to proceed bettering the Luckbox platform, strengthen its group and have interaction with related third events to create the world’s main esports betting platform; and that the Company’s partnership with Income Access will allow the Company to extra successfully deploy capital in the direction of buyer acquisition are forward-looking statements and include forward-looking info. Generally, forward-looking statements and knowledge could be recognized by way of forward-looking terminology similar to “intends” or “anticipates”, or variations of such phrases and phrases or statements that sure actions, occasions or outcomes “might”, “may”, “ought to”, “would” or “happen”. Forward-looking statements are primarily based on sure materials assumptions and evaluation made by the Company and the opinions and estimates of administration as of the date of this press launch, together with that administration will be capable of leverage its stability sheet place and dealing capital to realize its said development targets and that the Company’s partnership with Income Access will yield optimistic outcomes on buyer acquisition. These forward-looking statements are topic to recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, degree of exercise, efficiency or achievements of the Company to be materially completely different from these expressed or implied by such forward-looking statements or forward-looking info. However, the forward-looking statements on this information launch are topic to quite a few dangers, uncertainties and different elements which will trigger future outcomes to vary materially from these expressed or implied in such forward-looking statements, together with with out limitation: that esports betting won’t proceed to rise in reputation; and that the methods developed by the Company to successfully place itself out there won’t be as profitable as anticipated by administration or in any respect. There could be no assurance that such statements will show to be correct, as precise outcomes and future occasions may differ materially from these anticipated in such statements. Accordingly, readers shouldn’t place undue reliance on forward-looking statements and forward-looking info. Readers are cautioned that reliance on such info will not be applicable for different functions. The Company doesn’t undertake to replace any forward-looking assertion, forward-looking info or monetary out-look which can be included by reference herein, besides in accordance with relevant securities legal guidelines.
SOURCE Real Luck Group Ltd.
Related Links https://www.realluckgroup.com/
