Actual Luck Group Ltd. Recordsdata Full 12 months 2021 Monetary Outcomes


CALGARY, AB and ISLE OF MAN, April 28, 2022 /CNW/ – Actual Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (“Actual Luck Group” or the “Firm“) and its subsidiary corporations 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 total 12 months 2021 on SEDAR.

Luckbox is a wagering platform built for a new generation of players, offering betting on esports, sports and casino games (CNW Group/Real Luck Group Ltd.)

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/Actual Luck Group Ltd.)

Actual Luck Group CEO Thomas Rosander mentioned: “Throughout fiscal 2021, our staff labored to boost and lengthen 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 a whole bunch of enhancements to the platform, introduced eight new partnerships and additional strengthened our staff.

“To go with our core esports providing, we added sports activities wagering, enabling followers to wager on a whole bunch of day by day markets on sports activities corresponding 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 Non-public Placement of Particular Warrants, with gross proceeds of $17.8 million, in March 2021 gave us a robust steadiness sheet, which we prudently handle. As of December 31, 2021, our money steadiness was $14.4 million, now we have no debt, leaving us in a robust place to ship on our progress objectives in 2022 and past.

“We’re wanting ahead to launching our choices in Ontario and count on to enter further regulated markets throughout 2022.

“We stay centered on esports and on line casino wagering in addition to rising our person base and are consistently evaluating alternatives to scale the enterprise. Latest market developments and our strong steadiness sheet put us ready of relative power so as to take action and we are going to replace buyers on these initiatives as progess is made.”

Subsequent occasions to Fiscal 2021

  • February 14: Actual Luck Group signed agreements with a number of key internet affiliate 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 certainly one of Europe’s quickest rising start-ups, the Gibraltar-based Lottoland Group, which is lively in 15 world markets, has over 350 workers, and greater than 15 million prospects.

  • March 9: Appointed Bo Wänghammar to its board of administrators Mr. Wänghammar was previously Managing Director of On line casino at PokerStars (acquired by Flutter Leisure for US$6 billion in October 2019), and the CEO at Mr Inexperienced & Co on-line on line casino (acquired by William Hill for £242 million In October 2018).

  • March 24: Introduced a partnership with main affiliate and efficiency advertising firm Raketech Group Holding (STO: RAKE). The settlement builds upon prior agreements that Actual Luck Group has signed with a number of key internet affiliate marketing networks to extend participant site visitors. Raketech, headquartered in Malta, operates greater than 1,760 websites, driving lively gamers to igaming manufacturers.

  • April 13: Introduced 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 corresponding to Jurassic World™, Recreation 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 Luckbox

Luckbox is an award-winning next-generation gaming platform that gives authorized, real-money betting, stay 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 Actual Luck Group, listed on the Toronto Enterprise Trade (TSXV: LUCK) and OTC (OTCQB: LUKEF). Luckbox’s proprietary tech stack is constructed by a staff combining playing {industry} expertise and a ardour for gaming and esports, permitting the corporate to learn from superior enterprise intelligence and participant acquisition, whereas offering gamers with an industry-leading betting person expertise and betting supply. Luckbox is stay in additional than 80 territories worldwide and holds a B2C and B2B playing license below the On-line Playing Regulation Act (OGRA), issued by the Isle of Man Gaming Supervision Fee. Luckbox is dedicated to supporting accountable playing.

Comply with Luckbox on Twitter / Fb / LinkedIn

CAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTS

The TSX Enterprise Trade has neither authorised nor disapproved the contents of this press launch. Neither TSX Enterprise Trade nor its Regulation Companies Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Trade) accepts accountability for the adequacy or accuracy of this launch.

This information launch might comprise sure “forward-looking statements” and “forward-looking data” throughout the which means of relevant Canadian securities legal guidelines. When used on this information launch, the phrases “anticipate”, “imagine”, “estimate”, “count on”, “goal, “plan”, “forecast”, “might”, “schedule” and different comparable phrases or expressions determine forward-looking statements or data. Such statements symbolize the Firm’s present views with respect to future occasions and are essentially based mostly upon various assumptions and estimates that, whereas thought of affordable by the Firm, are inherently topic to vital enterprise, financial, aggressive, political and social dangers, contingencies and uncertainties. Many components, each identified and unknown, might trigger outcomes, efficiency or achievements to be materially totally different from the outcomes, efficiency or achievements which might be or could also be expressed or implied by such forward-looking statements. The Firm doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements or data to replicate modifications in assumptions or modifications in circumstances or every other occasions such statements and data apart from as required by relevant legal guidelines, guidelines and laws.

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SOURCE Actual Luck Group Ltd.

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