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November 18, 2022 Online, Land Based, Finance, Results

Real Luck projects November handle to exceed October’s tally

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The company has reported monthly highs for four consecutive months.

Real Luck Group and its Luckbox subsidiary have posted their fourth month of handle and player growth reaching an all-time high. The esports betting company stated it is on track to surpass October’s numbers by more than 50%, according to its current figures.

Real Luck Group CEO Thomas Rosander spoke about the upcoming World Cup and said the company anticipates its sportsbook will yield substantial revenue from wagers replaced during the month-long prestigious sporting showcase event.

He commented: "We are pleased with the trajectory of our progress as we enter the fourth month of our player acquisition growth plan. We expect our sportsbook to benefit from the upcoming World Cup, one of the largest global sports wagering events, which is expected to see over $100bn in wagers placed, according to industry sources.

“Our player growth along with early indications of increasing Handle data, and certain KPIs validates that our growth strategy is on track.”

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.

The esports betting operator recently released a statement, commenting on two “inconsistent” proposals submitted by Koas Captial Founder and CEO Adam Arviv. In its rebuttal, the Canadian company described both proposals as “contradictory and opportunistic.”

Real Luck stated that the proposals “if pursued would not be in the best interests of the Company and its shareholders” and questioned whether Arviv was “acting in good faith.”

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