Luckbox CEO states Move is “Significant Boost” for the Betting Sector
Calgary, Alberta and Isle of Man–(Newsfile Corp. – February 5, 2021) – Genuine Luck Group Ltd. (TSXV: LUCK) (the “Company”) and its own subsidiary organizations business that is doing “Luckbox” (the “Group”), a provider of legal, real money esports betting, has welcomed the news that gambling apps will be available for download in the Google Play Store in 15 countries.
Google’s updated policy, which can be found at https://support.google.com/googleplay/android-developer/answer/10318510, states that March that is starting 1 2021, gambling apps will likely be designed for down load on Android os products within the U.S., Australia, Belgium, Canada, Colombia, Denmark, Finland, Germany, Japan, Mexico, brand new Zealand, Norway, Romania, Spain, and Sweden. This expands the geographic reach of Bing Enjoy shop gambling apps beyond Brazil, France, Ireland, while the great britain, nations where gambling that is in-app already available through the Google Play Store.
Quentin Martin, Real Luck Group Ltd. CEO, said: “Google’s addition of 15 nations (for a total of 19) that can now download gambling apps is a significant boost for the sector that is igaming. This is a positive catalyst for the mobile betting sector, as it facilitates further player uptake in a responsible manner and signals the widening global acceptance of gaming.”
According to the European Gaming & Betting Association, mobile betting was expected to account for 45.6% of online gambling revenue in 2020 and to reach 50.8% by 2022, surpassing the use of desktop for the first time as an operator offering wagering on esports and sports via our luckbox platform. This trend is expected to continue, with mobile betting projected to reach a 58.2% share in 2025. Luckbox is a platform that is bespoke become mobile friendly with about 50% of our traffic coming via mobile users. The addition of a app that is mobile operators an improved connection with customers, such as real-time notifications, deeper integration with devices and additional security features.
For further information, please contact:
Real Luck Group Ltd.
Quentin Martin, Chief Executive Officer
Email: [email protected]
Phone: (+44) 7498 181*)CAUTION that is 863 RESPECT TO FORWARD-LOOKING STATEMENTS
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This news release may contain certain “forward-looking statements” and information that is”forward-looking inside the meaning of relevant Canadian securities guidelines. When used in this news release, the words “anticipate”, “believe”, “estimate”, “expect”, “target, “plan”, “forecast”, “may”, “schedule” and other words that are similar expressions identify forward-looking statements or information. These forward-looking statements or information may relate to: the results of the study performed by the European Gaming & Betting Association; management’s beliefs that the addition of gambling apps available for download in the Google Play Store in new countries: (i) provide a boost that is significant the wagering sector and express a confident catalyst for the mobile wagering sector, (ii) will facilitate further player uptake, and (iii) signal the widening worldwide acceptance of video gaming; as well as other facets or information. Such statements represent the business’s current views with regards to future occasions and tend to be fundamentally in relation to lots of presumptions and quotes that, while considered reasonable by the business, are inherently at the mercy of business that is significant economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such statements that are forward-looking. The business doesn’t intend, and will not assume any responsibility, to upgrade these statements that are forward-looking information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.
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