logo-loader

Real Luck Group offering the chance to get into esports betting at level-one

Last updated: 09:51 05 Oct 2023 EDT, First published: 08:00 01 Dec 2021 EST

Snapshot

  • Real Luck Group announces restructuring of operations
  • Esports market in good shape for busy 2021 seasons ahead
  • Real Luck Group "to reveal new product in Q3"
Esports tornament

About the company

Real Luck Group Ltd is the parent company of Luckbox.com, a global esports-wagering website that offers legal, real-money betting, live streams, and statistics on 14 esports on desktop and mobile devices.

The company has a B2C platform, and by leveraging shared technology, data, and resources it can offer an extensive range of betting options for esports tournaments.

Luckbox's in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows it to deliver one of the world’s deepest esports betting coverage.

The company has been built by a team combining vast experience in the igaming industry and a passion for esports to offer players a unique, broad, engaging, and legal CS:GO, Dota 2 and League of Legends betting experience.

How it is doing

05 Oct 2023

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF), and its subsidiaries doing business as Luckbox, told investors that it is restructuring its operations after determining that its earlier proposed merger or acquisition is not currently in the best interests of the company and its shareholders.

The company said in a statement that it expects the restructuring to be completed by year-end and will result in a new optimized and better-focused corporate structure with no debt and minimal cash burn.

As part of the restructuring, the company said it would be immediately suspending its betting and player registrations on its business-to-consumer (B2C) platform, Luckbox.com, and would be instead focusing on its more cost-effective business-to-business (B2B) activities.

Luckbox players will be able to withdraw their funds, it said.  

07 Sep 2023

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) and its subsidiary companies doing business as Luckbox told investors that it recently signed a letter of intent (LOI) for a transaction that may ensure its immediate prospects and fund its ongoing growth and operations.

The company said the LOI aims to provide the financial resources it needs to meet its current commitments and facilitate its expansion through operational synergies. The transaction would require approval from the TSX Venture Exchange and shareholders, it added.

14 Aug 2023

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF), and its subsidiary companies doing business as Luckbox, announced that more than $23.9 million was wagered across its licensed, real money esports betting, sports betting and casino games platform in the year-to-date from a registered player base of more than 450,000 users.

The company highlighted that it achieved yet another high in July for its average revenue per user.

Insight: Esports market in good shape for busy 2021 seasons ahead

15 Jan 2021

The global esports industry was one of those industries that remained resilient to the pandemic last year and in 2021 has an even stronger calendar of events.

Showing the boost for the sector in 2020, fresh data shows there was a massive 83% increase in the number of gaming hours watched on the Twitch platform.

What management says

23 Mar 2023

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) CEO Thomas Rosander speaks to Proactive's Thomas Warner after announcing another record month of operations in February.

Rosander reveals more details about what investors can expect from the group during the rest of this year, mentioning that he plans "to reveal a new microbetting product in Q3

Real Luck Group "to reveal new product in Q3"

Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) CEO Thomas Rosander speaks to Proactive's Thomas Warner after announcing another record month of operations in February. Rosander reveals more details about what investors can expect from the group during the rest of this year, mentioning that he...

on 03/23/2023