Isle of Man-based esports betting operator Luckbox has forged a partnership with payment processor MoneyMatrix.
As part of the deal, Luckbox will utilise MoneyMatrix to allow its users to deposit and withdraw money. The operator is preparing for its launch in April.
Quentin Martin, COO of Luckbox discussed the partnership: “The challenge for an ambitious online merchant like Luckbox is finding a payment partner that can truly work globally. While it is relatively young, the esports betting world is competitive and that is one of the things that drives Luckbox to ensure that its platform, its partnerships, and its people are not just fit for purpose but also best-in-class.
“The team at MoneyMatrix demonstrated a deep understanding of our needs. Their broad international payments offering will ensure that we can provide good deposit and withdrawal offerings to all of our players, and also their platform provides the flexibility to avail of new and emergent payment methods.”
Late last year, Luckbox joined forces with esports data and statistics company Abios to bolster its match calendar and results services. Alongside the announcement, Luckbox launched a new iteration of its esports calendar that provides information on League of Legends, Dota 2, and Counter-Strike: Global Offensive.
Sandra Barton, CEO of MoneyMatrix added: “We are looking forward to working with Luckbox to help them achieve their ambition of being among the global leaders in esports betting. Luckbox puts great emphasis on doing things right, with integrity, security and safety at the heart of what they do and that chimes perfectly with our values at MoneyMatrix. We’re delighted to be working with them at what is a very exciting time in esports betting.”
Luckbox was awarded a full licence under the Online Gambling Regulation Act (OGRA) issued by the Gaming Supervision Commissions last August. This made it the first cryptocurrency-supported esports betting platform to be assigned a top-tier gambling licence by the Isle of Man government.
Esports Insider says: Luckbox has made a couple of worthwhile partnerships as of late, proving that it’s gearing up to launch its services into the industry. There may be a lot of operators in esports but none are fully utilising the opportunities available, it’ll be interesting to see what Luckbox has to offer come April.