After some financial years in which the company focused on developing its platform and key business opportunities, Real Luck Group LTD, owner of Luckbox Esports and its new casino, has released its financial effects for the first quarter of 2022.
And there has been more news for the company’s investors after a series of counterfeit effects in this first quarter of 2022.
In a statement written by Real Luck Group LTD CEO Thomas Rosander, the company revealed many of its highlights from the first quarter of the fiscal year.
Rosander said the company “strengthened our control team with the appointments of Ben Timbury as chief operating officer and Bo Wanghammer as board of directors. “
And as the company had promised after less-than-brilliant effects in 2021, it has also begun to take serious steps to win more players.
“In addition, we have begun the early stages of our player acquisition campaigns, adding new partnerships with some of the world’s referral and player acquisition networks.
We continue to monitor and optimize our acquisition metrics, in order to maximize the return on investment in marketing expenses, despite the upward trend in player acquisition prices in recent months,” said Mr. Rosander.
In addition, Mr. Rosander revealed that the company had no debts and reserves of $12. 5 million in cash. In addition, business charge reviews have known tactics to save and reinvest $500,000 in the business.
He also said the company remains focused on developing its visitor base.
“We have focused on new opportunities to grow our user base, pragmatically and cost-effectively, while focusing on our core esports market.
Sports gaming revenue in global markets is expected to grow at an all-time 17. 6% year-over-year through 2026 in regulated markets alone, a faster speed than sportsArray
We are betting on growing our user base by entering new markets with more local gaming licenses, while implementing our own B2B M&A strategy, which we hope to share with investors in the near future.
Some of the other highlights reported in it come with the expansion of Luckbox Casino’s services, which has noticed an 815% increase in terms of games available on the site.
In addition, the company has also revealed more than 50 new partner sites that will refer them to players and see an increase in traffic to Luckbox’s sports betting, casino and esports site.
In addition, as a result of the data in this report, Luckbox has taken a step forward in its casino offering by entering into an agreement with Microgaming to offer over a hundred additional games to casinos, adding the popular TV and Movie Tie in the slots. , Game of Thrones and Jurassic World.
The company was also nominated in the Brand of the Year and Innovation in Esports categories for the EGR Innovation and Marketing Awards later this year.
With a much larger calendar of esports events in 2022 and beyond, as well as improvements such as live esports betting, more sports and casino betting markets, and continued player acquisition, this first quarter earnings package paints a positive picture for Real Luck Group ltd.
A lifelong poker fan, Ian is also familiar with the world of sports betting, casino games and has written extensively about the gaming industry. Based in the UK, Ian brings a fresh look at all aspects of the game.
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