CALGARY, AB and ISLE OF MAN, United Kingdom, April 23, 2021 /CNW/ - Real Luck Group Ltd.
(TSXV: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary
companies doing business as "Luckbox" (the "Group"), a leading
provider of licensed, real money esports betting, welcomes the
passing of Bill C-218 (The Safe and Regulated Sports Betting
Act) by the House of Commons.
Bill C-218, which proposes to make it lawful to bet on a single
sports or athletics event, now moves to the Senate for reading and
adoption.
"Canadian esports and sports fans are now on the cusp to being
able to wager on their favourite events," commented Quentin Martin, CEO of Real Luck Group, a member
of the Canadian Gaming Association. "In our view, legalization,
regulation and working with responsible operators is the best means
to keep fans safe and offer them the best possible experience. We
know that esports is a large and growing market in Canada, and fans are demanding betting on
matches. Luckbox's proprietary award-winning platform is well
positioned, offering wagering on 14 major esports as well as sports
betting. We will be following the outcome of Bill C-218 very
closely and look forward to Senate adoption in what are exciting
times for fans of esports, sports and the igaming industry in
Canada."
About Luckbox
The Company is an award-winning betting company that offers
legal, real-money betting, live streams, and statistics on all
major esports and sports on desktop and mobile devices. The Company
has a Business-to-Consumer (B2C) platform, and by leveraging shared
technology, data, and resources, the Company can offer an extensive
range of betting options for esports tournaments. The Company's
in-house customized user interface and user experience, built on a
technology stack that supports multiple odds and streaming sources,
allows the Company to deliver deep esports betting coverage. The
Company has been built by a team combining experience in the
igaming industry and a passion for esports to offer players a
unique, broad, engaging, and legal CS:GO betting, Dota 2 and League
of Legends betting experience. The Company serves esports fans in
more than 80 territories across the globe. In November 2020, Luckbox was named Rising Star at
the EGR Operator Awards. The Company (via the Group) holds a full
licence under the Online Gambling Regulation Act (OGRA), issued by
the Isle of Man Gaming Supervision Commission. As the Group is
fully licensed in the Isle of Man
for B2C and B2B esports & sports betting and casino, the
Company has access to favourable payment processors. Luckbox is
committed to supporting responsible gambling.
Follow Luckbox on Twitter / Facebook / LinkedIn
CAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTS
The TSX Venture Exchange has neither approved nor
disapproved the contents of this press release. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this
release.
This news release may contain certain "forward-looking
statements" and "forward-looking information" within the meaning of
applicable Canadian securities laws. When used in this news
release, the words "anticipate", "believe", "estimate", "expect",
"target, "plan", "forecast", "may", "schedule" and other similar
words or expressions identify forward-looking statements or
information. Such statements represent the Company's current views
with respect to future events and are necessarily based upon a
number of assumptions and estimates that, while considered
reasonable by the Company, are inherently subject to significant
business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors, both known and
unknown, could cause results, performance or achievements to be
materially different from the results, performance or achievements
that are or may be expressed or implied by such forward-looking
statements. The Company does not intend, and does not assume any
obligation, to update these forward-looking statements or
information to reflect changes in assumptions or changes in
circumstances or any other events affections such statements and
information other than as required by applicable laws, rules and
regulations.
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SOURCE Real Luck Group Ltd.