CALGARY, AB and ISLE OF MAN,
May 31, 2021 /CNW/ - Real Luck Group
Ltd. (TSXV: LUCK) (OTCQB: LUKEF) ("Real Luck Group" or the
"Company") and its subsidiary companies doing business as
"Luckbox" (the "Group"), an award-winning provider of legal,
real-money esports and sports betting, today filed financial
results for the three months ending March
31 on SEDAR. Unless otherwise stated, all dollar
amounts are denominated in Canadian dollars.
Company Chief Executive Officer Thomas
Rosander said: "We spent the first quarter of 2021 building
a solid foundation from which Luckbox can grow. We closed a Private
Placement of Special Warrants for gross proceeds of $17.8 million, giving us the capital to execute
on our growth goals through the rest of this year and beyond. We
are focused on optimizing our product platform and customer
acquisition funnel to increase ROI ahead of scaling up our
marketing spend. In addition, we are strengthening our team and
working with carefully selected partners as we continue to strive
toward offering a world-leading esports betting product. I look
forward to updating investors with more information in the months
to come."
Subsequent events to 2021 Q1
Milestones achieved by the Company in 2021 Q1:
- Appointment of former Dunder Casino CEO Thomas Rosander as Real Luck Group CEO;
- Addition of VALORANT betting, increasing the number of esports
available at Luckbox to 14;
- DTC Eligibility after uplisting to OTCQB Exchange, allowing a
larger investor base to participate in our growth;
- Nominations in the Innovative Start-up and Innovation
In Esports categories at the EGRM Marketing and innovation
awards.
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
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.
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SOURCE Real Luck Group Ltd.