This week, Real Luck Group announced its financial records for November 2022, which saw another record-setting month for the company. In the said thirty-day period, the gaming entity reported substantial growth in international wagering handle, an increase in first-time depositors, as well as a significant rise in real money players on its online platform Luckbox.
Real Luck Group is an award-winning wagering company which provides legal, real-money betting, live streams, and statistics on esports and regular sports. Its B2C platform, Luckbox, offers an extensive range of betting options for esports tournaments, as well as online casino titles. The company is fully licensed in the Isle of Man for B2C and B2B esports and sports betting and casino.
Record-Setting November
On December 13, 2022, Real Luck Group issued a press release which confirmed that November 2022 was a record-breaking month for the company. Firstly, its online platform Luckbox has reported an impressive 70% growth in a global betting handle, as well as a massive 65% increase in its first-time depositors from its October results, which was the previous record-setting month.
Additionally, in November the online betting platform also registered a stunning 97% increase in real money players in comparison to the previous month. All of these recent improvements and highlights suggest that the company is more than able to scale in all of its core areas of operations and grow its brand across players and the gambling industry.
In the press release, the CEO of the iGaming brand, Thomas Rosander, also said a few words on its impressive November performance. He commented that November’s results build on October’s momentum for a very promising fourth quarter. In his words, back-to-back record-breaking growth in these KPIs further reaffirms the company’s strategic direction and future growth plans.
More 2022 Highlights
It should also be noted that earlier this year, the iGaming company inked a partnership agreement with Peru’s leading esports team, Thunder Awaken. The sponsorship with the esports team is an important achievement for the company’s exposure in Latin America, as most players discover their betting platform from teams and influencers. The team has a fanbase of 16 million supporters which comes as a tremendous opportunity for the provider.
In addition to that, the company also witnessed an impressive start to 2022 and an amazing first quarter of it. During the quarter that ended on March 31, 2022, the company and its subsidiary Luckbox reported continued growth and an impressive increase of offered games on its Luckbox online casino, as it added over 400 new titles.
Also, at the time, the online brand reported CA$12.5 million of cash and no debt and identified CA$0.5 million of annualized savings, which will be reinvested into its business including its player acquisition efforts for this year. At the end of the quarter, its online casino platform ended up with 421 games from a total of six provider
Source: “Real Luck Group Announces Multiple Areas of Record-Breaking Growth” PR Newswire, December 13, 2022
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