The company continues to execute strongly and look well on track to meet their breakeven target of Q2 23. January update just released:
Real Luck Group Announces Continued Growth in 2023
Total First Time Depositing Players Grew ~200% In January.
Registered Player Base Now Exceeds 250,000
CALGARY, AB and Isle of Man, Feb. 7, 2023 /CNW/ – Real Luck Group Ltd. (TSX.V: LUCK) (OTCQB: LUKEF) (the “Company”) and its subsidiary companies doing business as “Luckbox” (the “Group”), an award-winning provider of licensed, real money esports betting, sports betting and casino games, announces that it’s January operating metrics following December’s metrics, which exceeded objectives.
In January, the Company achieved over CAD$1.6 million in Global Betting Handle. Additionally, monthly revenue grew 110% and Total First Time Depositing Players grew by 182% since December.
After six months of player acquisition efforts, our registered player base now exceeds 250,000. Our next focus is twofold; firstly, we plan to direct our efforts on ramping player value, with Total Player Deposits and Global Betting Handle being key performance measurables. Secondly, we are building a proprietary technology stack which we believe will be transformational for our industry. This product is an ultrafast, live micro-betting platform that we believe will allow us to increase revenue growth and margins from our B2C operations. It also positions us to expand into the lucrative B2B market with unique and proprietary products. We expect to provide more details on this new initiative in the coming weeks and months.
“This strong month-to-month growth was expected, and is simply a result of the collective experience that our team has acquired from driving growth at prior companies. We are currently only harnessing about a quarter of the player acquisition channels we have at our disposal, and are confident about our growth trajectory and ability to continue delivering favorable results. Independently from our B2C efforts, we are also looking ahead towards our planned B2B products. This would represent a completely new and additional line of business for Luckbox. We are eager to share more details about this new growth initiative later this year.” said Real Luck Group CEO Thomas Rosander.