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Lockdown esports boom sees Luckbox prepare to go public on TSXV


Booming business during the COVID-19 lockdown has accelerated one company’s plans to go public.

Luckbox – an esports betting platform – has reported a “huge uptick in KPIs” during the first half of 2020.

The company is now preparing to go public on the TSX Venture Exchange after signing a letter of intent with capital pool company Elephant Hill (TSX-V: EH.P).

With much of the world’s population in lockdown due to the Coronavirus outbreak, the esports industry is among the few sectors to thrive.

While almost all traditional sport has been interrupted by the pandemic, esports – pro video game matches – are able to continue online.

This has been welcome news for Luckbox, with total bets up 500% since lockdown started.

Luckbox CEO Quentin Martin said: “All of our key performance indicators have been through the roof in the past three months. We’ve seen a huge uptick in KPIs across the board.

“Clearly, these are challenging times for many people across the world but, for many, esports and gaming is a welcome distraction.

“As well as an increase in customers and betting activity, we’ve seen a huge level of interest from potential investors, who are realising that esports is resilient to many of the forces that affect traditional sports, not least COVD-19 and a potential recession.”

Esports is regarded as the sport with highest growth potential and the industry as a whole has been one of the few sectors to succeed during lockdown. Amazon-owned streaming service Twitch reported an 80% increase of concurrent viewership since January, while gaming platform Steam reported record concurrent users.

Ahead of the potential public listing, Luckbox is engaging investors during a short funding round led by Gravitas Securities and Beacon Securities.

Luckbox, which is based in the Isle of Man, has been accepting bets from customers in more than 100 territories for just over a year.

The company holds a full gambling licence and offers real-money wagering on popular games such as League of Legends, CS:GO, Dota 2, Overwatch, FIFA and NBA2K.

Martin said: “The potential of esports betting is well documented and these past few months have brought that into sharper focus, accelerating the numbers.

“Many fans of traditional sports have been exposed to the excitement of esports for the first time and, hopefully, they like what they see and will be sticking around.”

About Luckbox

Luckbox offers legal, real-money betting, live streams and stats on 13 esports. Luckbox was built by a team combining vast experience in the igaming industry and a passion for esports to offer players a unique and legal CS:GO betting, Dota 2 and League of Legends betting. Real Time Games Holding Limited – the company behind the Luckbox brand – holds a full licence under the Online Gambling Regulation Act (OGRA), issued by the Gaming Supervision Commission. Luckbox is committed to supporting responsible gambling.

Pictures: CEO Quentin Martin, the Luckbox website

Contact: For more information or interview requests, email: james.mcmath@luckbox.com

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Holiday letters poised for post-lockdown summer holiday boom


Isolated locations, lack of communal areas and private food preparation facilities make private holiday lettings more attractive than ever

Cornwall, UK; 20 May 2020 – Usually by this time of year, Britons have already packed their bags for the first of their European summer getaways, but as the country slowly recovers from the Covid-19 pandemic and restrictions on foreign travel look likely to remain in place, it seems UK tourism or “staycations” will likely become the new normal.

As the lockdown restrictions are gradually lifted many people will start planning their summer holidays in earnest with holidaymakers more likely to favour destinations that are close by and easily reachable by car or public transport and shunning hotels in favour of cottages or holiday lettings where social distancing and ample, private outdoor space is abundant.

CornwallCottages.com specialises in holiday cottages located in Cornwall, which is one of the country’s most popular destinations and says they have already seen a sharp increase in demand for properties listed on their website for the coming months. While there are still many stunning cottages and holiday homes available to book, the higher than usual level of demand means holidaymakers would be advised to book early to avoid missing out on some of the best properties.

Graham O’Shea, managing director of Cornwall Cottages, said: “Cornwall is the ultimate holiday destination for many people, owing to its location on the south-west coast of England; its beaches are amongst the best in the country and its relaxed atmosphere and climate creating a feeling of being abroad. It is so much more than the sun, sea and sand, it has its own unique charm, traditions and a dramatic landscape that draws all types of visitor. Many holidaymakers faithfully return every year and feel comfortable in the familiar environment and safe in this idyllic location irrespective of whether they are families with children, young couples or older travellers alike.”

CornwallCottages.com lists over 1,400 properties on its website ranging from small secluded cottages suitable for couples looking for a romantic getaway, right through to large family homes which can accommodate multiple family members each with their own room. The most sought after properties being those with beachfront locations, sea-view gardens and their own private swimming pools.

Self-catering accommodation looks set to become more popular as travellers value the greater amount of personal space and the existence of private cooking facilities that cottages and holiday lettings offer as well as the truly home from home feeling they provide. All this adds to help make longer stays much more enjoyable, easy and cost efficient.

Safety will be a prime concern this year, and property owners will be ensuring all the strict coronavirus health guidance is implemented and adhered to especially around cleaning. Thanks to their often isolated locations, lack of communal areas with strangers and private food preparation facilities, cottages and holiday lettings are more attractive than ever; as they provide guests with minimal contact with others, respecting social distancing rules and provide peace of mind for travellers who can get on with the business of relaxing!

“I expect lots of people will want to holiday in the UK, as they will see this as a much safer and cheaper option going forward. They will be able to use their own transport to travel to Cornwall, therefore avoiding possible time-consuming airport health checks and being stuck in crowds. They will also be able to get home quickly and easily if the need arises, especially in the event of regulations changing at short notice and without the stress and cost of trying to change overseas flight tickets,” explained Graham.

Cornwall has a wide range of holiday locations including the famous surfing resorts of Newquay and Polzeath on its north coast, small villages like Looe, Polperro, Mousehole and Newlyn, and the fishing villages of Fowey, Mevagissey and Padstow. It also has larger towns like Truro, Falmouth, St Austell and St Ives and world-famous attractions like Tintagel, Lands End and The Eden Project.

“We are the Cornwall cottage experts and unlike other online booking services, we are here to help people choose the perfect home with the right amenities to ensure they have the most enjoyable holiday possible! We are here to help at every step of the way! Customers can easily book online, but can chat with one of our highly trained team members at no extra cost, who can help them find precisely the kind of cottage or holiday letting, in the perfect location that is right for them. With a physical presence just outside Truro in Cornwall, we have first-hand knowledge of one of the oldest and most popular year-round holiday destinations in the UK.

For further information contact:
Graham O’Shea
Tel: 01872 672 344
Email: graham@cornwallcottages.com
https://www.cornwallcottages.com/

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