September 14, 2022 Land Based, Finance, Results

Real Luck Group reports 144% boost in net revenue during August 2022

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The company stated it is ready to move on to the next phase in its expansion plan.

Real Luck Group has reported substantial growth in its key performance indicators (KPIs) since the company entered its customer acquisition phase last month.

During its recent annual general meeting, the company reported that net gaming revenue grew by 144% during the month of August. Total player deposits for the month reflected an increase of 197%. Real Luck said the company is poised to move into its next phase of growth, based on the success of this month.

Real Luck Group CEO Thomas Rosander commented: "The initial growth since transitioning to customer acquisition gives us increased confidence that our offerings, strategy, and financial forecast are on point. Behind this success lies our platform's capability to localize language variations, payment methods and marketing campaigns in a granular way."

Rosander went on to add that the company has made a concentrated effort to invest in products that help to achieve its strategic and long-term goals.

He concluded by saying: "We have also seen increased interest for high margin, micro-betting products. This is the core of our long-term strategy, and we have invested significant effort and resources to develop the new, proprietary products that will transform the market. This key differentiator product, combined with our short-term organic growth and strong balance sheet, hasn't gone unnoticed by industry participants.

“We will continue to share more details, insights and progress, including at future industry events, such as SBC Barcelona and iGaming Next in Valletta, Malta, in the coming months."

Real Luck Group is the parent company of Luckbox, which supplies licensed esports betting, sports betting and casino games for desktop and mobile devices. Luckbox is listed on the Toronto Venture Exchange.

It launched its online casino in December of last year.

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