Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) and its subsidiary companies, doing business as Luckbox, have announced that net gaming revenue (gross sales minus player winnings and promotions) climbed 144% and total player deposits jumped 197% during August 2022.
The award-winning provider of licensed esports betting, sports betting and casino games said the early operational data and strong balance sheet supports management guidance for profitability exiting the first half of 2023.
“The initial growth since transitioning to customer acquisition gives us increased confidence that our offerings, strategy, and financial forecast are on point,” Real Luck Group CEO Thomas Rosander said in a statement.
READ: Real Luck Group posts strong balance sheet, lays out growth plans in 2Q results
“We have also seen increased interest for high margin, micro-betting products,” Rosander added.
Real Luck also noted that it has invested significant effort and resources to develop the new, proprietary products that will transform the market.
The company added that it will continue to share more details, insights and progress, including at future industry events, such as SBC Barcelona and iGaming Next in Valletta, Malta, in the coming months.
Luckbox offers legal, real-money betting, live streams, and statistics on all major esports and sports on desktop and mobile devices. The company has a business-to-consumer (B2C) platform, and by leveraging shared technology, data, and resources, offers an extensive range of betting options for esports tournaments.
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