Progress continues apace at LUCK. While we still await more detail on financial metrics, the pace of operational growth is impressively in line with the CEO’s continued confidence even before the B2B product launch in H2 23 upon which they are expecting to build the future. See announcement below, released just now
Real Luck Group Announces Triple Digit Growth Across Core KPI’s
Record Monthly Betting Handle In February
Calgary, Alberta and Isle of Man, Isle of Man–(Newsfile Corp. – March 7, 2023) – Real Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (“the Company”) and its subsidiary companies doing business as “Luckbox”, an award-winning provider of licensed, real money esports betting, sports betting and casino games, announces another record month of operations ending February 28, 2023.
Last month, the Company continued its rapid growth, achieving CAD$2.8 million in Global Betting Handle, a new monthly record following CAD$1.6 million in January – despite February being a short month. Monthly revenue also grew 110%, mainly driven by focusing on player margins, where the average revenue per customer increased by 127% MoM.
In just six months, the Company’s registered player base now stands at 350,000. With this initial critical mass of players on the platform, Real Luck Group will continue to focus on driving player value, as indicated in the January update and demonstrated throughout February. Global Betting Handle and player revenue will continue to be the key performance measurables in B2C growth.
“The continued growth in our player acquisition efforts is a testament to our team’s focus on the strategy we outlined in August 2022. In a short timespan, our team has also built an extremely scalable technology platform. As a result, we are excited to announce that several top-tier betting operators are now exploring our proprietary B2B live micro-betting product. We are developing this in-house, and this new vertical will add lucrative new revenue streams to our existing operations; given this, our business model will evolve. We look forward to sharing our progress,” said Real Luck Group CEO Thomas Rosander.
