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Jarrod LeBlanc

Jarrod serves as Casino City's associate editor and helps produce and edit all of our weekly newsletters, as well as the GPWA Times Magazine.

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Real Luck clearly doesn’t need any as it continues to put up record numbers

8 Mar 2023

By Jarrod LeBlanc
Luckbox brought in CAD $2.8 million in global betting handle for February 2023.

Luckbox brought in CAD $2.8 million in global betting handle for February 2023.

When the name of your company is called ‘Real Luck’ there’s really no where to go but up, and that’s exactly what it’s doing in 2023 after finishing strong last year. Yesterday, the Real Luck Group Ltd., and its subsidiary companies, aka ‘Luckbox,’ which is a provider of licensed, real money esports wagering, sports betting and casino game, announced stellar financial results.

Real Luck finished 2022 with a monthly revenue growth of 120% to the tune of over CAD $1 million in global betting handle. In total for the three months of Q4, the company brought in $3 million. Real Luck’s total player deposits increased by 420% since the company first announced this KPI in August 2022.

The company’s growth continued in January 2023, as Real Luck recorded over CAD $1.6 million in global betting handle and monthly revenue grew 110%. On top of that, total first-time depositing players grew by 182% since the end of last year.

Then yesterday, the company released its numbers for February 2023, and things are continuing to trend upward. Real Luck brought in CAD $2.8 million in global betting handle and monthly revenue grew 110% again, which was mainly driven by focusing on player margins. The average per customer increased 127% month-over-month.

“The continued growth in our player acquisition efforts is a testament to our team’s focus on the strategy we outlined in August 2022,” said Real Luck Group CEO Thomas Rosander in a press release. “In a short time span, our team has also built an extremely scalable technology platform. As a result, we are excited to announce that several top-tier betting operators are now exploring our proprietary B2B live micro betting product. We are developing this in-house, and this new vertical will add lucrative new revenue streams to our existing operations; given this, our business model will evolve. We look forward to sharing our progress.”

Real Luck is clearly looking to capitalize on the growing trend of micro betting.
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