Real Luck Group Limited launches online casino on revamped Luckbox platform
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Real Luck Group Limited launches online casino on revamped Luckbox platform. The company claims the casino complements the existing offering of e-sports and sports betting. The global online gambling market is estimated to reach $159.8 billion by 2026. LuckBox has almost $16 million of cash and no debt as of September 30, 2021. It is well-capitalized to continue evolving its Luck box platform and executing on the company’s organic player marketing program. Thomas Rosander, the CEO of LuckBOX, had a previous success as CEO at Dunder, which achieved annual revenues of €80 million in less than three years.
Luckbox has granted 4.65 million stock options to the directors, employees, officers and consultants. The stock option plan is exercisable for a period of three years and vesting 10% immediately, 10%, 6 months after the grant and 20% every 6 years after that. Luckbox offers legal, real-money betting, live streams, and statistics on all major esports and sports on desktop and mobile devices.
