CALGARY, AB and ISLE OF MAN, April 28, 2022 /CNW/ – Real Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (“Real Luck Group” or the “Company”) and its subsidiary firms doing enterprise as “Luckbox” (the “Group”), an award-winning supplier of licensed esports betting, sports activities betting and on line casino video games, filed monetary outcomes for the complete 12 months 2021 on SEDAR.Luckbox is a wagering platform constructed for a brand new era of gamers, providing betting on esports, sports activities and on line casino video games (CNW Group/Real Luck Group Ltd.)Real Luck Group CEO Thomas Rosander stated: “During fiscal 2021, our group labored to boost and prolong each our proprietary platform and infrastructure, positioning us to launch our participant acquisition efforts in 2022. Our work has enabled us to develop and launch a next-generation wagering platform, powered by superior enterprise intelligence infrastructure to help our participant acquisition efforts, with the intention of optimizing advertising spend and participant worth.”As a part of our plan to construct a betting platform for a brand new era of gamers throughout 2021, we made lots of of enhancements to the platform, introduced eight new partnerships and additional strengthened our group.”To praise our core esports providing, we added sports activities wagering, enabling followers to guess on lots of of day by day markets on sports activities akin to soccer, basketball, soccer and hockey.”We concluded the 12 months with the net on line casino launch, bringing an anticipated near-term income stream in a vertical the place I’ve had prior successes all through my profession, together with my tenure as CEO of Dunder.”The completion of Private Placement of Special Warrants, with gross proceeds of $17.8 million, in March 2021 gave us a powerful steadiness sheet, which we prudently handle. As of December 31, 2021, our money steadiness was $14.4 million, we have now no debt, leaving us in a powerful place to ship on our progress objectives in 2022 and past.”We are wanting ahead to launching our choices in Ontario and count on to enter further regulated markets throughout 2022.”We stay targeted on esports and on line casino wagering in addition to rising our consumer base and are consistently evaluating alternatives to scale the enterprise. Recent market developments and our sturdy steadiness sheet put us able of relative power so as to take action and we are going to replace traders on these initiatives as progess is made.”Story continuesSubsequent occasions to Fiscal 2021February 14: Real Luck Group signed agreements with a number of key affiliate internet marketing networks to extend participant site visitors to Luckbox’s next-generation esports, sports activities and on line casino real-money betting merchandise.March 1: Appointed Benn Timbury as COO. Mr. Timbury’s most up-to-date function was with one in all Europe’s quickest rising start-ups, the Gibraltar-based Lottoland Group, which is energetic in 15 international markets, has over 350 staff, and greater than 15 million prospects.March 9: Appointed Bo Wänghammar to its board of administrators Mr. Wänghammar was previously Managing Director of Casino at PokerStars (acquired by Flutter Entertainment for US$6 billion in October 2019), and the CEO at Mr Green & Co on-line on line casino (acquired by William Hill for £242 million In October 2018).March 24: Announced a partnership with main affiliate and efficiency advertising firm Raketech Group Holding (STO: RAKE). The settlement builds upon prior agreements that Real Luck Group has signed with a number of key affiliate internet marketing networks to extend participant site visitors. Raketech, headquartered in Malta, operates greater than 1,760 websites, driving energetic gamers to igaming manufacturers.April 13: Announced a brand new partnership with on-line on line casino provider Microgaming so as to add greater than 100 video games to Luckbox’s on line casino together with branded titles akin to Jurassic World™, Game of Thrones™ and Lara Croft®. With the Microcaming content material, Luckbox’s on line casino now gives over 450 video games for customers to wager upon.About LuckboxLuckbox is an award-winning next-generation gaming platform that provides authorized, real-money betting, dwell streams, and statistics on all main esports, in addition to sports activities betting and on line casino video games on desktop and cellular gadgets. Luckbox is owned by Real Luck Group, listed on the Toronto Venture Exchange (TSXV: LUCK) and OTC (OTCQB: LUKEF). Luckbox’s proprietary tech stack is constructed by a group combining playing {industry} expertise and a ardour for gaming and esports, permitting the corporate to profit from superior enterprise intelligence and participant acquisition, whereas offering gamers with an industry-leading betting consumer expertise and betting supply. Luckbox is dwell in additional than 80 territories worldwide and holds a B2C and B2B playing license beneath the Online Gambling Regulation Act (OGRA), issued by the Isle of Man Gaming Supervision Commission. Luckbox is dedicated to supporting accountable playing.Follow Luckbox on Twitter / Facebook / LinkedInCAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTSThe TSX Venture Exchange has neither authorized nor disapproved the contents of this press launch. Neither TSX Venture Exchange nor its Regulation Services Provider (as that time period is outlined in insurance policies of the TSX Venture Exchange) accepts accountability for the adequacy or accuracy of this launch.This information launch could include sure “forward-looking statements” and “forward-looking data” inside the which means of relevant Canadian securities legal guidelines. When used on this information launch, the phrases “anticipate”, “consider”, “estimate”, “count on”, “goal, “plan”, “forecast”, “could”, “schedule” and different related phrases or expressions establish forward-looking statements or data. Such statements symbolize the Company’s present views with respect to future occasions and are essentially primarily based upon quite a few assumptions and estimates that, whereas thought of cheap by the Company, are inherently topic to important enterprise, financial, aggressive, political and social dangers, contingencies and uncertainties. Many elements, each identified and unknown, may trigger outcomes, efficiency or achievements to be materially completely different from the outcomes, efficiency or achievements which are or could also be expressed or implied by such forward-looking statements. The Company doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements or data to mirror adjustments in assumptions or adjustments in circumstances or some other occasions such statements and knowledge apart from as required by relevant legal guidelines, guidelines and laws.CisionView authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/real-luck-group-ltd-files-full-year-2021-financial-results-301535144.htmlSOURCE Real Luck Group Ltd.CisionView authentic content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/April2022/28/c3688.html
https://finance.yahoo.com/news/real-luck-group-ltd-files-110000355.html
Real Luck Group Ltd. Files Full Year 2021 Financial Results
