Casino Luck Online Casino – CALGARY, AB and ISLE OF MAN, December 20, 2021 // -Real Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (the “Company”) and its subsidiaries doing business as Luckbox (the “Group”), an award-winning provider of licensed eSports and real money betting, announce the availability of casino games on the Luckbox betting platform Luckbox Casino, which operates on this platform today, complements the existing offer of eSports and sports betting.
According to ResearchandMarkets.com, the global online casino market is valued at USD 134.9 billion in 2021 and could reach USD 159.8 billion by 2026, growing at a CAGR of 3.45%. With today’s launch, Luckbox Online Casino has the opportunity to tap into this growing market.
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Luckbox CEO Thomas Rosander said: “Most of our efforts this year have been focused on recalibrating our next-generation betting platform. The launch of the online casino represents the most important and first visible milestone in this process and we achieved it by the end of the year – something we have communicated repeatedly since we became CEO.
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“We will continue to continuously improve our branded products to provide the next generation of players with a great betting experience.
“The addition of the casino brings Real Luck Group an anticipated short-term revenue stream in an industry where I have had previous success throughout my career, including my time as CEO of Dunder, which achieved annual revenue of €80 million in less than three years. flight. .
“As of September 30, 2021, Real Luck Group has nearly $16 million in cash and no debt, so it has sufficient capital to continue to grow our Luckbox platform and execute our organic marketing program for players as we enter our growth phase income.
“I would like to thank our team for achieving this important milestone within the time frame we committed to our shareholders.
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“After completing this major effort, we can focus on our growth strategy. We plan to expand our player acquisition efforts across our eSports, sports betting and online casino betting early in the new year and look forward to sharing the relevant KPIs with investors soon.”
The Company announces that it has granted 4,650,000 stock options to the Company’s directors, officers and consultants at a price of C$0.205 per stock option, which corresponds to the closing stock price. Company shares on Friday, December 17, 2021, exercisable within 3 years from the date of grant; transfer 10% immediately, 10% six months from the date of vesting and 20% every six months thereafter.
The Company also intends to continue its investor relations arrangements with Sophic Capital Inc. (“Sophic”). Sophic receives a fee of $8,000 per month for ongoing investor relations services. In addition, Sophic was granted 200,000 options to purchase Luckbox shares at a price of C$0.205 exercisable over a 12-month period, of which 50,000 options are issued every 3 months.
The company is an award-winning betting company that offers legal real money betting, live streaming and statistics of all major eSports and sports, as well as casino games on desktop and mobile devices. The Company has a Business-to-Consumer (B2C) platform and by using shared technology, data and resources, the Company is able to offer a wide range of betting options for eSports tournaments. The company’s own customized user interface and user experience built on a technology stack that supports multiple odds and streaming sources enables the company to provide in-depth eSports betting coverage. The company was created by a team that combined experience in the gaming industry and passion for eSports to offer players unique, extensive, exciting and legitimate betting on CS:GO, Dota 2 and League of Legends. The company serves esports fans in more than 80 countries around the world. In November 2020, Luckbox was named a Rising Star at the EGR Operator Awards. The Company (through the Group) is fully licensed under the Internet Gambling Regulation Act (OGRA) by the Isle of Man Gambling Regulatory 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 advantageous payment processors. Luckbox is committed to promoting responsible gaming.
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The TSX Venture Exchange has not endorsed or approved the content of this press release. Neither the TSX Venture Exchange nor its regulatory service provider (as that term is defined in the TSX Venture Exchange Policy) is responsible for the adequacy or accuracy of this release.
This press release may contain certain “forward-looking statements” and “forward-looking information” under applicable Canadian securities laws. In this press release, the words “anticipate,” “estimate,” “estimate,” “expect,” “target,” “plan,” “forecast,” “may,” “plan” and other similar words or expressions identify forward-looking statement or information. Such statements represent the company’s current views on future events and are necessarily based on a number of assumptions and estimates which, while believed to be reasonable by the company, are inherently subject to significant business, economic, competitive, political and social risks, unforeseeable events and uncertainties Many factors, both known and unknown, may cause results, performance or achievements to differ materially 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 undertake, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or otherwise favorable to such statements and information, except as required by applicable laws, rules and regulations. Red Luck Casino is an online casino that offers a wide variety of games including slots, table games, video poker and more. With a user-friendly platform, Red Luck Casino is the perfect place for both beginners and experienced players. The casino’s mission is to provide customers with an unparalleled gaming experience with an emphasis on customer service and a wide selection of high quality games. Some of the features that make Red Luck Casino stand out:
All games are developed by leading software providers such as Microgaming, Netent and Evolution to provide players with the most popular and highest quality games. Casinos also regularly add new games to their portfolio, ensuring that there is always something new and exciting to try.
Red Luck Casino offers its players various promotions and bonuses. New players can take advantage of a welcome bonus package that includes a first deposit bonus as well as free spins. The casino also regularly runs other promotions such as reload bonuses, cashback offers and free spins. In addition, the casino has a loyalty program that rewards players for their activity on the site.
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The casino also has a fast and efficient withdrawal process, with most withdrawals processed within 24 hours. At Red Luck Casino, players can rest assured that their personal and financial information is safe.
Red Luck Casino takes customer service very seriously and has a full FAQ section on their website for those looking for answers to the most frequently asked questions. Players can also contact customer support via email, phone, and live chat, and the customer support team is always available to help players with any game-related, technical, or account-related issues. Online casinos offer different types of games. including table games, slot machines, blackjack, roulette and more. In each of these games, luck, or rather chance, plays a large role in the outcome. However, luck is not all that is required, as many games have an element of skill. The more skillful you are, the more chance you have to win.
Here we look at the role of skill and luck in online casinos. We will talk about those games where skill and strategy play a major role in your game. We then look at luck and describe how online games are governed by laws of variance that are completely out of your control.
Obviously, in-game skill can reduce the advantage, but ultimately you’ll still need Lady Luck throughout the game. This is where variance comes in. Mathematically speaking, variance is a way of measuring how spread out a set of numbers and values are, and how the data is distributed between the mean. Good examples are bingo, scratch cards and most online slots. Slots are usually considered a real bonanza, but recently they have become one of the most popular online slots. It’s not just this game, many slots have themes that relate to luck because it’s all about luck or chance.
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Casinos have a built-in edge in games. However, in some games the advantage is not so obvious. A good example of this is blackjack – the better you are at the game, the lower the house edge. So the casino has different benefits for different players – a highly skilled player will earn them a small amount of money, while someone who is clueless
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