Early operational data and a strong balance sheet support management’s outlook for profitability out of the first half of 2023
CALGARY, Alta. and ISLE OF MAN, September 14, 2022 /PRNewswire/ – Real Luck Group Ltd. (TSXV: LUCK) (OTCQB: LUKEF) (the “Company”) and its subsidiaries doing business as “Lucky box” (the “Group”), an award-winning provider of licensed real-money sportsbooks, sportsbooks and casino games, announces growth in key performance indicators (KPIs) since the start of its acquisition phase of customers in August 2022.
Net gaming revenue (“NGR”, i.e. gross sales minus player earnings and promotions) increased 144% in August and total player deposits increased 197%. These first data points mark a successful transition of the Company to its next phase of growth, as communicated during the Annual General Meeting in August 112022.
“The initial growth since transitioning to customer acquisition gives us increased confidence that our offerings, strategy and financial guidance are on point,” said Real Luck Group CEO. Thomas Rosandre. “Behind this success is our platform’s ability to localize language variations, payment methods and marketing campaigns in a granular way.”
“We have also seen increased interest in high-margin micro-betting products. This is the core of our long-term strategy, and we have invested considerable effort and resources to develop the new proprietary products that will transform the market. This key product differentiator, combined with our near-term organic growth and strong balance sheet, has not gone unnoticed by industry participants. We will continue to share more details, ideas and progress, including at future industry events, such as SBC Barcelona and iGaming Next in Valletta, MaltaIn the coming months.”
The company is an award-winning betting company that offers legal real money betting, live streams and statistics on all major sports and esports on desktop and mobile devices. The Company has a Business-to-Consumer (B2C) platform and by leveraging shared technology, data and resources, the Company can offer a wide range of tournament betting options. esports. The Company’s in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, enables the Company to provide in-depth sports betting coverage. The company was created by a team combining experience in the igaming industry and a passion for esports to provide players with a unique, broad, and competitive CS:GO, Dota 2 and League of Legends betting experience. binding and legal. The company serves esports fans in more than 80 territories around the world. In November 2020, Luckbox was named a Rising Star at the EGR Operator Awards. The Company (via the Group) is fully licensed under the Online Gambling Regulation Act (OGRA), issued by the Isle of Man Gambling Supervisory Commission. As the group is fully licensed in the Isle of Man for B2C and B2B sports and sports betting and casino, the company has access to favorable payment processors. Luckbox is committed to supporting responsible gaming.
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SOURCE Real Luck Group Ltd.