Real Luck Group posts business update

January 19, 2023
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The Canadian company achieved several milestones through its Luckbox subsidiary.

Real Luck Group and its Luckbox subsidiary have released financial results for the end of 2022. Its global betting handle reached $2.23m (CAD$3m) at the end of the fourth quarter.

Monthly revenue rose by 120% during the quarter as well, with the company’s total player deposits yielding a 420% boost since last August.

The group reported a rise in new player registration during the past six weeks. More than 30,000 new members have registered to join the platform during this time frame.

Real Luck said in a statement: “This showcases, yet again, that our product and platform is attractive to our global audience and that Luckbox has the ability to scale in target market globally.”

The report also reflected a milestone with Luckbox. The platform accepted more than two million bets during the year. Currently, Luckbox features more than 900 titles on its live casino portfolio.

Group CEO Thomas Rosander took a moment to outline the company’s plans fort the coming year.

He said: "We ended 2022 with a record-breaking December, delivering on our 2022 targets and demonstrating our 2023 potential. Not only are our December results encouraging, and a promising glimpse of our future growth potential.

“Looking ahead, we're eager to attain profitability, scale up our brand awareness, and reveal our new B2B product in 2023. We believe our game changing B2B product will unlock huge potential in a new vertical.”

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.

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