Luckbox looks to be involved in the licensing
process as soon as possible
CALGARY, AB and ISLE OF MAN,
June 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 - known as The Safe and Regulated
Sports Betting Act - by the Canadian Senate.
Bill C-218, which proposes to make it lawful to bet on a single
sports or athletics event, was passed by Senate's Standing
Committee on Banking, Trade and Commerce for deliberation and will
now be sent back to the House of Commons for royal assent and
becoming an official amendment to the Criminal Code.
Thomas Rosander, CEO of Real Luck
Group, said: "This is a significant moment for the igaming industry
and Canada and policymakers should
be congratulated on reaching a decision that will help provide safe
and regulated sports betting for millions of Candian fans. There is
massive interest in wagering on sports and esports and the industry
is expected to be worth billions to the nation's economy. We look
forward to the official amendment to the Criminal Code and will
look to be involved in the licensing process as soon as possible.
Luckbox's proprietary award-winning platform, offering wagering on
14 major esports as well as sports betting, is well positioned to
benefit from this trend. Real Luck Group is a member of the
Canadian Gaming Association and we are following the progress in
the Senate in what are exciting times for the industry in
Canada and the US."
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
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This news release may contain certain "forward-looking
statements" and "forward-looking information" within the
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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.