Real Luck Group kicks off 2023 with strong January results, plans to launch new B2B products

Luckbox operator Real Luck Group announced Tuesday that its January operating results have "exceeded objectives." During the month, the company achieved over CAD$1.6 million ($1.19 million) in global betting handle. Additionally, monthly revenue grew by 110%, and total first-time depositing players grew by 182% since December.

After six months of player acquisition efforts, the player base now exceeds 250,000, notes the Luckbox operator. The group said its next focus is "twofold." Firstly, the firm plans to direct efforts on ramping player value, with total player deposits and global betting handle being key performance measurables.

Earlier this week we released an update about our 2023 growth so far. Total First Time Depositing players grew ~200% in January and our registered player base is now over 250,000.

Read more in our official release here: https://t.co/lkEFM1Wcdt pic.twitter.com/u0rukUEsf3

— Real Luck Group (@RealLuckGroup) February 10, 2023

Secondly, the company announced it is building a proprietary technology stack which it described as "transformational" for the industry. "This product is an ultrafast, live micro-betting platform that will allow us to increase revenue growth and margins from our B2C operations. It also positions us to expand into the lucrative B2B market with unique and proprietary products. We expect to provide more details on this new initiative in the coming weeks and months," the company stated in a press release.

Thomas Rosander

Thomas Rosander, Real Luck Group's CEO, said: "This strong month-to-month growth was expected and is simply a result of the collective experience that our team has acquired from driving growth at prior companies. We are currently only harnessing about a quarter of the player acquisition channels we have at our disposal. We are confident about our growth trajectory and ability to deliver favorable results."

"Independently from our B2C efforts, we are also looking ahead towards our planned B2B products. This would represent a completely new and additional line of business for Luckbox. We are eager to share more details about this new growth initiative later this year," he concluded.