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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.Real Luck Group Ltd announces the appointment of William Moore as Chief Financial Officer, effective immediately. Moore, an ACCA-qualified accountant, comes from Markor Technology and has extensive experience in the gaming sector, having worked with notable firms such as Gamesys and Gala Coral. CEO Thomas Rosander expressed optimism about Moore's ability to guide the company through anticipated player growth. The company aims to launch its casino platform soon, targeting increased player acquisition in 2022. Ran Kaspi, the former CFO, will assist during the transition.
Investor Update as Luckbox Platform Recalibration Nears Completion
Real Luck Group Ltd. (OTCQB: LUKEF) is set to present at the Sidoti Fall Virtual Investor Conference on December 9, 2021. CEO Thomas Rosander will discuss the nearing completion of the Luckbox platform recalibration and the upcoming casino launch this month. The company, a licensed esports and sports betting provider, aims to leverage a robust marketing strategy for their casino offerings. Interested investors can register to attend the presentation, which starts at 11:30 AM ET.
Real Luck Group Ltd (OTCQB: LUKEF) announced financial results for the nine months ending September 30, 2021. The company reported a strong cash position of $15.8 million with no debt. CEO Thomas Rosander highlighted platform enhancements aimed at a better user experience and upcoming casino launch, expected in Q4 2021, which is anticipated to drive revenue. Key integrations were completed for a superior business intelligence infrastructure, and the company was recognized in two categories at the EGR Marketing Awards 2021.
Real Luck Group Ltd. has announced a partnership with Nuvei, a global payment technology provider, aimed at enhancing payment solutions for its Luckbox platform. This collaboration allows for an array of payment methods, including support for 480 local and alternative options, nearly 150 currencies, and 40 cryptocurrencies. The integration is live on the Luckbox site, which operates legally within the esports and sports betting market across 80+ territories. This partnership is expected to improve user experience and streamline transactions for both new and existing customers.
Real Luck Group Ltd. (OTCQB: LUKEF) has appointed David Conde as the new Head of Data to enhance its business intelligence and optimize player marketing strategies at Luckbox. Conde, with a background in telecommunications and iGaming, will oversee initiatives to improve customer acquisition and retention campaigns, set to launch by the end of the year. CEO Thomas Rosander emphasized the importance of data-driven strategies in delivering a personalized betting experience. Luckbox, fully licensed in the Isle of Man, aims to strengthen its position in the competitive gaming market.
Real Luck Group Ltd (OTCQB: LUKEF) partners with Checkin.com to enhance user onboarding for its esports gambling platform, Luckbox. This partnership aims to streamline the sign-up process, increasing player conversion rates as the company prepares to boost marketing efforts. Checkin.com, renowned for modernizing user onboarding, reported over 18 million sessions in 2020, suggesting its solution may significantly enhance user registrations for Luckbox. With operations in over 80 territories, Luckbox focuses on delivering a superior betting experience to esports enthusiasts.
Real Luck Group Ltd. (TSXV: LUCK, OTCQB: LUKEF) reported its Q2 2021 financial results on August 25, 2021. The company ended the quarter with $17.2 million in cash and no debt. CEO Thomas Rosander, who took over on May 10, emphasized improvements to the Luckbox platform, new partnerships, and plans to enhance marketing for player acquisition. The quarter saw the addition of VALORANT wagering and nominations for two EGR Marketing and Innovation Awards. The company aims to capitalize on the growing esports betting sector by increasing long-term revenue growth.
Real Luck Group Ltd (OTCQB: LUKEF) conducted its Annual General Meeting on August 13, 2021, where shareholders approved key board nominations and the appointment of Baker Tilly WM LLP as auditor. The company is gearing up for the Gravitas Titans of Tech Investor Day on August 19, 2021, where CEO Thomas Rosander will present the company's revenue growth strategy and discuss partnerships with Aspire Global and Bambora. Luckbox, the group’s betting platform, serves esports fans in over 80 territories and was recognized as the Rising Star at the EGR Operator Awards in November 2020.
Real Luck Group Ltd. (TSXV:LUCK)(OTCQB:LUKEF) announced its presentation at the SNN Network Summer Virtual Event 2021 on August 19, 2021, at 10:30 am ET. CEO Thomas Rosander will present and conduct 1-on-1 investor meetings. The company, recognized for its licensed esports betting platform, has launched over 100 improvements and secured five major partnerships recently, including a casino provider, to expand revenue streams. With a robust balance sheet and no debt, Real Luck aims to lead the esports betting market.
For event details, visit the registration page.
Real Luck Group Ltd (OTCQB: LUKEF) has partnered with Bambora to integrate the PaymentIQ gateway into its Luckbox platform. This collaboration aims to enhance player experience by offering frictionless deposit options through major credit cards, e-wallets, bank transfers, mobile payments, and invoicing. The PaymentIQ solution is expected to improve payment exception rates and bolster fraud detection, aligning with Luckbox's goal to capture a share of the estimated $18.1 billion esports betting market. The company strives for robust revenue generation and plans to increase marketing efforts following this integration.
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