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Real Luck Group cheers House of Commons passing of bill that would legalize sports betting in Canada

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Real Luck Group Ltd (CVE:LUCK) (OTCQB:LUKEF), a provider of licensed esports betting doing business through its subsidiaries as Luckbox, has applauded the passing of Bill C-218 (The Safe and Regulated Sports Betting Act) by the Canada House of Commons, a move that moves the country closer to legal sports betting.

Bill C-218, which would make it legal to bet on a single sports or athletics event, now moves to the Senate for reading and adoption.

“Canadian esports and sports fans are now on the cusp to being able to wager on their favourite events,” said Quentin Martin, CEO of Real Luck which is a member of the Canadian Gaming Association. “In our view, legalization, regulation and working with responsible operators is the best means to keep fans safe and offer them the best possible experience.”

READ: Real Luck Group applauds International Olympic Committee’s recognition of esports through the new Olympic Virtual Series

“We know that esports is a large and growing market in Canada, and fans are demanding betting on matches,” Martin added. “Luckbox’s proprietary award-winning platform is well positioned, offering wagering on 14 major esports, as well as sports betting. We will be following the outcome of Bill C-218 very closely and look forward to Senate adoption in what are exciting times for fans of esports, sports and the igaming industry in Canada.”

Based in Calgary and Isle of Man, Real Luck Group and its subsidiary companies offer legal, real-money betting, live streams and statistics on all major esports and sports on desktop and mobile devices.

Contact Andrew Kessel at [email protected]
 
Follow him on Twitter @andrew_kessel

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/947532/real-luck-group-cheers-house-of-commons-passing-of-bill-that-would-legalize-sports-betting-in-canada-947532.html


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