Tag Archives: Luckbox

BOSE Digital: The growth of esports demands a better standard of product

As the game and data standards become more robust, it is becoming much safer for bookmakers to take bets on the esports market. On a W2-sponsored panel titled ‘Esports – A Safer Bet?’ on day two of Betting on Sports Europe – Digital 2020, panellists discussed whether bookmakers are becoming more comfortable with taking bets on esports. Paris Smith, CEO …

Read More »

Luckbox appoints Lachlan Thomson to lead new marketing drive

Luckbox has confirmed the appointment of Lachlan Thomson at its new Head of Performance Marketing, leading the esports wagering platform’s planned aggressive marketing drive.  An expert in sports betting and esports disciplines, Thomson is the former Head of Brand Communications for Seattle-based esports entertainment group Unikrn (2018-2020). Taking control of Luckbox’s player acquisition verticals, Thomson will be a key stakeholder …

Read More »

Luckbox outlines final TSXV roadmap

Luckbox has revealed its final IPO schedule, as the esports bookmaker anticipates an early October listing on the Toronto TSX Ventures Exchange (TSXV). Updating investors, the Isle of Man-based operator confirms that it has closed its pre-IPO bookbuild, securing back-to-back oversubscribed funding rounds raising a total of CAD $5 million (€3.3m). Luckbox management states that the ‘significant upsizing’, is a …

Read More »

Luckbox: How the return of live sport has affected esports betting

During the global health pandemic, esports betting has risen in popularity, with titles such as FIFA and NBA2k garnering incredible growth of up to 40 times its usual volume, according to Everymatrix’s State of Esports Betting Report in May. However, as live sporting events begin to resume, questions over the long term sustainability of esports betting have arisen, with sportsbooks …

Read More »

Recapitalised Luckbox calls for a recruitment drive 

The management of esports wagering platform Luckbox has sanctioned a recruitment drive, after closing its latest CAD $4.5 million (€3m) funding round.  Luckbox confirmed that it is seeking ‘five key new hires’ as the company moves forward with its aggressive future growth strategy as a soon to be listed Toronto TSX Ventures enterprise.   Strengthening its senior executive team, Isle of …

Read More »

Luckbox underlines IPO commitment closing private CAD $4.5m funding round 

Esports wagering platform Luckbox has completed its pre-IPO financing round, raising CAD $4.5 million (€3m) in working capital. This June, Luckbox announced that it would host a private investor funding round ahead of its planned Summer IPO on Toronto’s TSX Ventures Exchange.  Following an initial oversubscribed placement, co-led by Gravitas Inc and Beacon Securities, Luckbox raised CAD $3.8 million (€2.5m) …

Read More »

Luckbox adds five new languages to esports domain

Following a period of unprecedented growth during lockdown, esports bookmaker Luckbox has added five new languages to its wagering platform. Luckbox, which is planning its Toronto TSX Ventures Exchange IPO this summer, has added German, Spanish, Russian, Portuguese and ‘simplified Chinese’ language options to its domain. Further foreign languages options form part a series of ‘rapid enhancements’ undertaken by the company …

Read More »

Luckbox raises CAD $3.8m ahead of TSX IPO

Luckbox has confirmed that it has completed a CAD $3.8 million (€2.5m) funding round, as it imminently prepares to list on the Toronto TSX Venture Exchange. The esports bookmaker outperformed its expectations by announcing that investors oversubscribed to its funding round, which had originally targeted a range of CAD $2-3 million. Satisfying investor interest, Luckbox has confirmed that it will …

Read More »

ESI Digital Summit: Esports nuances need to be understood for the sake of integrity

ESI’s Digital Summit has highlighted the growth of esports in terms of its global viewership and in its betting take-up. Yet, as esports becomes more popular, it heightens its risk of match fixing and corruption.  One of the summit’s concurrent themes, esports and betting stakeholders observed and debated the complexities of maintaining esports integrity, amid distinct wagering intricacies and unique …

Read More »

ESI Digital: Esports betting enters its ‘clutch moment’

Esports wagering has been thrown centre-stage in recent months due to the global health pandemic shutting down the majority of live sports markets. However, for this growing industry to continue to develop and prosper after COVID-19, it is imperative that operators and providers collaborate to enhance its products. The ESI Digital Summit, created by Esports Insider, has dedicated a large …

Read More »