Real Luck Group launches online casino
December 23, 2021
Real Luck Group has launched its online casino offer on Luckbox, its subsidiary which provides licensed, real-money eSports and sports betting. Through this launch, Luckbox is now positioned to benefit from the growth of the global online casino market, which is estimated to be US$134.9 billion in 2021 and could reach US$159.8 billion by 2026, according to Researchandmarkets.com.
"Most of our efforts this year have focused on recalibrating our next-generation wagering platform. The online casino deployment marks the most substantial and first visible milestone in that process and we achieved this prior to year-end, something we've communicated repeatedly since I became CEO. We will continue to iteratively enhance our proprietary products as we strive towards providing a superior betting experience for the next generation of players”, said Thomas Rosander, Luckbox CEO. "The addition of casino brings Real Luck Group an expected near-term revenue stream in a vertical where I have had prior successes throughout my career, including my tenure as CEO of Dunder, which achieved annual revenues of €80 million in less than three years”.
Before adding: "With this major effort now complete, we are in a position to turn our focus to our growth strategy. We plan to scale our player acquisition efforts across all our verticals of eSports betting, sports betting, and online casino early in the new year and we look forward to sharing KPIs relevant with investors soon."