Real Luck Group’s most recent announcement states that the gaming leader and its subsidiary corporations have become an official member of the Canadian Gaming Association. A subsidiary establishment such as Luckbox which is responsible for the offering of legal, real money betting on eSports events has also become a member of the national trade association starting from February 18, 2021.
Luckbox is an established betting corporation that offers real-money wagering, live streams, and statistical coverage of many eSports events on both desktop and mobile devices. And the Canadian Gaming Association is a national trade establishment that aims towards industry innovations by promoting the economic value of the sector. Additionally, it conducts researches on a regular basis to explore potential expansion and advancements of the gaming field in the country.
Important Step Forward
CEO Quentin Martin of the subsidiary – Luckbox corporation addressed the recent agreement, according to him joining the association will be a significant step for the company and will prove to be a great factor in evolving the eSports wagering establishment. Especially, now when the country is on the verge of legalizing single-game betting possibilities and the company is working on providing a safe and regulated way of providing it.
Mr. Martin also added that the market is growing rapidly in the country and fans are in demand for brand-new wagering opportunities. In addition to regular sporting wagering, the company is currently offering betting on 13 major eSports. He believes the collaboration with the association will help in protecting players by offering them the best possible gaming environment.
The national trade association’s President and CEO Paul Burns was quick to welcome the eSports betting company by stating that the organization is more than pleased to have them as a member. He added that the regular sports and eSports betting company is looking forward to the proposed changes in single-event wagering in the country and take advantage of it.
Mr. Burns concluded his statement by praising the gaming regulators by claiming that the company has already proved its worth internationally by operating in highly regulated markets. He is also optimistic about the company’s positive effect on Canadian gaming and concluded that he is also looking forwards to the two organizations working together on improving the new and promising sector.
Single-Event Betting Push
The Canadian Gaming Association has also taken its stand on the proposed introduction of single-game betting in the country. The organization has agreed that such change was needed, one of the reasons behind its approval is that the association is trying to stop players from pouring money into offshore websites where safe gambling is significantly less of a priority. It is estimated that illegal sports bookmakers are responsible for CA$4 billion in bets annually.
Ontario’s Online Expansion
The association also voiced its backing to the proposed online gambling expansion plans in the Ontario province. The organization believes that this is the right way forward for the gambling industry especially with the ongoing lockdown rules the restrict players from betting on the premises of land-based casinos. Considering the unfortunate conditions President of the association Mr. Burns urged provincial authorities to increase funding in the sector in order for it to evolve.
Source: “Real Luck Group announces Canadian Gaming Association Membership”, Cision, March 4, 2021
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