News and Announcements
Luckbox CEO Lars Lien to present at London Investor Showcase on launch of Luckbox platform disrupting global esports betting market
- Published April 10, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Luckbox CEO Lars Lien (pictured right) will present at the event in what has been a significant few days for his company.
Preparing for launch later this month, Luckbox is a custom-built betting platform designed to disrupt the booming global esports betting market.
Luckbox is:
- Fully licensed: for player safety and global reach
- Crypto-friendly: accepting fiat and token payments
- Bespoke: unique platform is designed to meet the demands of esports fans
- Modular and scalable: B2B ready
Ready for launch
Luckbox is on the home straight to launch and this week added live betting odds to the platform. Luckbox has built a community of more than 10,000 with a genuine interest in the project and these esports fans will help shape the final stages of development during beta testing stage, which is already underway.
Token significance
Luckbox’s native token LuckCash will form an important part of the Luckbox model, providing the foundation for our gamified customer loyalty programme. While Luckbox will accept traditional currencies from more than 25 payment processors, LuckCash adds a further frictionless option, particularly as the company moves into Asia and other markets where payment processing can be a challenge.
Booming market, few credible players
The esports betting market is estimated to be worth at least $600m to $800m a year and is expected to grow to more than $1.5bn by 2021.
However, the market is currently largely served by unregulated – and therefore unsustainable – operators, while major betting operators who operate legally either do not appreciate or do not care about the esports sector.
About Luckbox
Luckbox is a fully licensed betting platform, exclusively focused on the global esports community where fans are able to bet, watch and chat in a safe environment. Luckbox is composed of the strongest management team in the esports betting space, and is looking to aggressively capture market share in the $600m+ online gambling “niche”.
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