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REAL LUCK GROUP LTD - LUKEF STOCK NEWS

Welcome to our dedicated page for REAL LUCK GROUP news (Ticker: LUKEF), a resource for investors and traders seeking the latest updates and insights on REAL LUCK GROUP stock.

Real Luck Group Ltd., also known as Luckbox, is an award-winning provider of licensed, real money esports betting, sports betting, and casino games. The Company has achieved significant milestones in 2023, with over $23.9 million wagered and a Registered Player Base of over 450,000. Despite recent challenges in fundraising, the Company is actively exploring strategic alternatives to maximize shareholder value. Luckbox offers legal, real-money betting on all major esports and sports, serving fans in over 80 territories worldwide. The Company is committed to responsible gambling.
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Real Luck Group Ltd. (TSXV: LUCK) has executed a letter of intent with Lexinter International Inc. for secured credit facilities of $280,000. The Company also entered into a promissory note with Mianna Consulting Ltd. for a commitment fee of $25,200. The Loan carries an 11% interest rate and is subject to typical closing conditions, including approval of the TSX Venture Exchange.
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Real Luck Group Ltd. (TSXV: LUCK) filed its financial results for Q3 2023 on SEDAR. The Company received a resignation from its auditor and is in the process of appointing a successor auditor in accordance with NI 51-102.
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Real Luck Group announces resignation of CFO and appointment of Interim CFO
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Real Luck Group Ltd. announces update on merger or acquisition plans and business operations.
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Real Luck Group signs LOI for potential financial resources, expects initial capital injection by end of September. Q2 2023 highlights include 180% increase in average wager per Real Money Player and positive net contribution for the first time.
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Real Luck Group Ltd (OTCQB: LUKEF) reported significant growth in January 2023, achieving over CAD$1.6 million in Global Betting Handle, a 110% increase in monthly revenue, and a 182% rise in Total First Time Depositing Players since December. The registered player base has now surpassed 250,000. The company plans to enhance player value and is developing a proprietary ultrafast live micro-betting platform aimed at increasing revenue growth and expanding into the B2B market. Upcoming details on this initiative are expected soon.

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Real Luck Group Ltd (LUKEF) reported a strong end to 2022, surpassing CAD$3 million in Global Betting Handle by Q4. In December alone, revenue increased by 120%, while Total Player Deposits soared by 420% since August. The company welcomed over 30,000 new players within six weeks, confirming its platform's appeal in target markets. Key milestones included accepting over two million bets and offering 900 live games. CEO Thomas Rosander emphasized the potential for profitability and the launch of a new B2B product in 2023. Real Luck Group's COO will also participate in one-on-one investor meetings at the 9th Annual AlphaNorth Capital Event from January 20-22, 2023.

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FAQ

What is the current stock price of REAL LUCK GROUP (LUKEF)?

The current stock price of REAL LUCK GROUP (LUKEF) is $0.0017 as of June 4, 2024.

What is the market cap of REAL LUCK GROUP (LUKEF)?

The market cap of REAL LUCK GROUP (LUKEF) is approximately 253.8K.

What does Real Luck Group Ltd. do?

Real Luck Group Ltd., known as Luckbox, provides licensed, real money esports betting, sports betting, and casino games.

What milestones has the company achieved in 2023?

In 2023, the company saw over $23.9 million wagered and a Registered Player Base of over 450,000.

What challenges is the company currently facing?

The company is actively exploring strategic alternatives due to challenges in fundraising.

Where does Luckbox offer its services?

Luckbox offers legal, real-money betting on all major esports and sports, serving fans in over 80 territories worldwide.

What is Luckbox's commitment to customers?

Luckbox is committed to responsible gambling, ensuring a safe and engaging betting experience for all players.

REAL LUCK GROUP LTD

OTC:LUKEF

LUKEF Rankings

LUKEF Stock Data

253.78k
68.30M
1.04%
Gambling
Consumer Cyclical
Link
United States of America
Calgary