CALGARY, AB and ISLE OF
MAN, July 28, 2021 /CNW/ - Real
Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (the "Company") and its
subsidiary companies doing business as "Luckbox" (the "Group"), an
award-winning provider of licensed, real money esports betting, is
pleased to announce a partnership with Funanga to leverage its
CashtoCode payment solutions.
The partnership will allow players to make instant and secure
cash deposits at Luckbox via more than 150,000 retail locations
across Europe and international
markets. Customers can do so without providing bank or credit card
details, and the closed loop system means that codes cannot be
shared or transferred by users, thereby mitigating fraud. Luckbox
players will also have the option to deposit using the CashtoCode
eVoucher solution, a reliable and safe online payment alternative
to cards and eWallets.
Luckbox Head of Payments Boris Kostadinov said: "We are thrilled
to partner with Funanga to be able to offer our players further
secure and streamlined payment options. Our proprietary product
sets us apart from the competition and allows us to cater for a new
generation of bettors in a way that traditional sportsbooks don't.
Our focus for the first half of 2021 has been an intense and
necessary phase of improving our platform and offering
frictionless payment methods is an important part of the customer
journey to make player acquisition and player retention as
efficient as possible."
"There will always be customers who prefer to pay in cash, for
privacy, self-control and security reasons. It's why all leading
iGaming operators are exploring cash deposit options to add to
their payment ecosystems," said Funanga CEO and co-founder,
Jens Bader. "We're thrilled to be
working with Luckbox, a brand known for its commitment to the user
experience and the implementation of new technology. It feels like
vindication for our product's usability and innovative approach to
cash."
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.
About Funanga
CashtoCode is operated by Berlin-based Fintech Funanga AG. Launched in
2016, the CashtoCode platform connects a vast network of online
merchants from various industries and payment service providers
with over 150,000 retail locations across Europe and international markets. The
CashtoCode service enables customers to conveniently pay for their
online purchases with cash at their chosen retail location. As such
CashtoCode technically manages through its vast networks of
partners the secure, convenient, and compliant collection and
settlement of cash from customers globally
For PR inquiries please contact: PR@funanga.com
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.