New engagement supports expansion in additional markets
Real Luck Group Ltd. and its subsidiary companies doing business as “Luckbox” (the “Group”), a leading provider of licensed, real money esports betting, is pleased to announce an engagement with SolutionsHub Limited, a company specializing in egaming regulation and licensing. This new engagement will help drive 2021 and 2022 revenue growth at the Group by facilitating expansion into new markets and jurisdictions.
SolutionsHub, based in Douglas, Isle of Man, will assist the Company’s mission to expand into new markets and regions through the acquisition of gambling licenses that complement the Group’s existing Isle of Man license. SolutionsHub will also offer support with regulatory affairs, including anti-money laundering compliance and responsible gambling commitments.
The engagement follows the news that the Canadian Senate last week voted in favour of Bill C-218, known as The Safe and Regulated Sports Betting Act, which proposes to make it lawful to bet on a single sports or athletics event.
“Our Isle of Man license already allows us to offer wagering to sports and esports fans in territories around the world, and our intention is to access more markets through the acquisition of additional licenses,” said Real Luck Group CEO Thomas Rosander. “The SolutionsHub team is among the world’s best when it comes to gambling licensing, making them the perfect partner to expand our business of delivering regulated, secure, and entertaining esports betting for existing and future customers.”
“We are thrilled to be working with Real Luck Group,” said SolutionsHub Egaming Specialist James O’Kelly. “Real Luck Group prides itself on integrity and providing the highest levels of player safety and security. We look forward to helping Real Luck Group achieve its licensing and regulatory goals.”