Luckbox CEO Departs From Company Following Reported Net Loss Of $4.54M

Luckbox recently announced that their CEO, Quentin Martin, left the company. This news comes just days after Real Luck Group, Luckbox’s parent company, posted a net loss of C$5.5 million ($4.54 million) for 2020.

“We were able to organically and efficiently increase our audience as the global pandemic brought esports betting into focus during early 2020,” Martin said. “The calendar of esports events was adversely impacted, particularly in the second half, due to the postponement of the biggest esports event of the year – the Dota 2 International. This year’s esports calendar looks much better, and our strong balance sheet positions us for healthy growth in 2021 and 2022.”

It is being reported that Matin voluntarily stepped down from his position as CEO. He originally became the company’s CEO in February of 2020.

Luckbox is a gambling platform that lets users place wagers on real-time esports events. Some of the titles that you can gamble on with Luckbox are CS:GO, Dota 2, and League of Legends.

(All information was provided by Dexerto and Luckbox)

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