The team at SolutionsHub would like to congratulate clients Luckbox after a successful financing that raised more than £10m.
Luckbox’s parent company Real Luck Group announced the completion of a private placement of special warrants raised $17.8M CAD (approximately £10.1m).
Luckbox is an esports betting platform, based in Douglas, and is listed on the TSX Venture Exchange in Toronto, trading under ticker TSXV: LUCK.
SolutionsHub are long-time partners of Luckbox, having worked with the company since it was founded in 2017, assisting with regulatory matters, including the successful application of its Isle of Man gambling licence.
SolutionsHub Gaming Specialist James O’Kelly said: “It’s always great to see clients doing well and this raise is clearly fantastic news for Luckbox.
“Esports and gambling are hot topics right now and investors have clearly seen the potential and believe in the vision set out by Luckbox.
“We work closely with the team at Luckbox and have done for more than three years. We are pleased for them and it’s going to be exciting to see them grow even bigger.”
In a press release issued on Tuesday, Real Luck Group chairman Drew Green said: “Luckbox’s strong leadership team paired with the current size and growth potential of esports and sports betting led to the Offering being heavily oversubscribed, as investors begin to recognize this attractive sector and opportunity.
“We are grateful to our investors for their support and this financing puts Luckbox in a strong position to execute on our goals as we strive to further establish the business as a global leader in the esports betting space.”
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The experienced team at SolutionsHub have a proven track record of working closely with Isle of Man regulators to help our clients acquire the variety of top-tier gambling licences available on the island. To find out how we can help your business, get in touch.