Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF), and its subsidiary companies doing business as Luckbox, has announced another record month of operations ending February 28, 2023, achieving C$2.8 million in Global Betting Handle following C$1.6 million in January.
The award-winning provider of licensed esports betting, sports betting and casino games said its monthly revenue also grew 110%, driven mainly by focusing on player margins where the average revenue per customer increased by 127% month over month.
“We are excited to announce that several top-tier betting operators are now exploring our proprietary B2B (business to business) live micro-betting product,” Real Luck Group CEO Thomas Rosander said in a statement.
READ: Real Luck Group announces continued growth in 2023
“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,” Rosander added.
Real Luck also noted that in just six months its registered player base now stands at 350,000.
The company added that with this initial critical mass of players on the platform, Real Luck Group will continue to focus on driving player value, as indicated in the January update and demonstrated throughout February.
Global Betting Handle and player revenue will continue to be the key performance measurables in business-to-consumer (B2C) growth, the company said.
Real Luck Group offers legal, real-money betting, live streams, and statistics on all major esports and sports on desktop and mobile devices.
The company has a B2C platform, and by leveraging shared technology, data, and resources, offers an extensive range of betting options for esports tournaments.
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