LUKEF - Luckbox: Esports Betting Pure Play
- Esports betting could be one of the fastest-growing betting segments as gaming and Esports continues to be the dominant form of entertainment for younger generations.
- Luckbox is a pure-play Esports betting platform founded by management with years of experience running other gambling platforms.
- Despite being founded just 2 years ago, Luckbox has attracted thousands of users and generated $3mil in handle with near-zero marketing spend.
- With over $20mil in cash, management plans to accelerate growth substantially in the next few years through a combination of product launches, user acquisition and strategic mergers.
- Valuation appears low, especially after the highly successful IPO of competitor Esports Technologies, which owns rival platform Gogawi.
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Luckbox: Esports Betting Pure Play