Real Luck Group Ltd. Appoints Head of Data as Luckbox targets superior business intelligence infrastructure

Rhea-AI Summary

Real Luck Group Ltd. (OTCQB: LUKEF) has appointed David Conde as the new Head of Data to enhance its business intelligence and optimize player marketing strategies at Luckbox. Conde, with a background in telecommunications and iGaming, will oversee initiatives to improve customer acquisition and retention campaigns, set to launch by the end of the year. CEO Thomas Rosander emphasized the importance of data-driven strategies in delivering a personalized betting experience. Luckbox, fully licensed in the Isle of Man, aims to strengthen its position in the competitive gaming market.

Positive

• Appointment of David Conde is expected to enhance business intelligence efforts.
• Focus on optimizing customer acquisition and retention strategies.
• Potential for increased revenue through improved conversion and customer loyalty.

Negative

• Concerns about the transition period and potential experience gaps in management.
• Dependence on data-driven strategies in a competitive landscape.

Business Intelligence a key aspect of optimising player marketing strategy

CALGARY,AB and ISLE OF MAN, Oct. 7, 2021 /PRNewswire/ - Real Luck Group Ltd. (TSX.V: LUCK) (OTCQB: LUKEF) (the "Company") and its subsidiary companies doing business as "Luckbox" (the "Group"), an award-winning provider of licensed, real money esports and sports betting, is pleased to announce the appointment of David Conde as its new Head of Data.

Mr Conde, whose previous roles include telecommunications company Ericsson and iGaming companies like MoPlay and Gaming1, will oversee Luckbox's business intelligence efforts, including  optimising customer acquisition and retention campaigns: a key aspect of player marketing efforts, which is on track to commence by the end of the year.

Real Luck Group CEO Thomas Rosander said: "At Luckbox, we are striving to offer players a 3.0 betting experience and having superior business intelligence is an important part of that, so we are delighted to have David on board with us. With sophisticated use of data and AI, we are able to offer each player a highly customised experience, so that everyone feels like a VIP. As we strive to build a scalable business to become a dominant player in the space, David is an important addition to the team and his skillset will help us drive revenues through increased conversion on acquisitions and higher customer retention levels."

Mr Conde said: "The use of data analytics solutions in the iGaming industry is key for optimizing the business. We have moved from an environment where a few traditional bookmakers dominated the sports betting and casino scene to a context where the number of competitors makes it impossible to participate without a data-driven approach. Analytics modelling is key in all the areas of the business ranging from marketing, fraud to customer support and operations. Decisions must be made based on data and the fact that most of the events are tracked as data points is something that we should take advantage of. Last but not least, the fact of having so much information should be used to provide the best customer experience based on their preferences and behaviour."

About Luckbox

The Company is an award-winning betting company that 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, the Company can offer an extensive range of betting options for esports tournaments. The Company's in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the Company to deliver deep esports betting coverage. The Company has been built by a team combining experience in the igaming industry and a passion for esports to offer players a unique, broad, engaging, and legal CS:GO betting, Dota 2 and League of Legends betting experience. The Company serves esports fans in more than 80 territories across the globe. In November 2020, Luckbox was named Rising Star at the EGR Operator Awards. The Company (via the Group) holds a full licence under the Online Gambling Regulation Act (OGRA), issued by the Isle of Man Gaming Supervision Commission. As the Group is fully licensed in the Isle of Man for B2C and B2B esports & sports betting and casino, the Company has access to favourable payment processors. Luckbox is committed to responsible gambling.

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CAUTION WITH RESPECT TO FORWARD-LOOKING STATEMENTS

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain certain "forward-looking statements" and "forward-looking information" within the meaning of applicable Canadian securities laws. When used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan", "forecast", "may", "schedule" and other similar words or expressions identify forward-looking statements or information. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. The Company does not intend, and does not assume any obligation, to update these forward-looking statements or information to reflect changes in assumptions or changes in circumstances or any other events affections such statements and information other than as required by applicable laws, rules and regulations.

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SOURCE Real Luck Group Ltd.

FAQ

What is the significance of David Conde's appointment at Real Luck Group Ltd.?

David Conde's appointment as Head of Data is crucial for enhancing business intelligence and optimizing marketing strategies at Luckbox, aiming to improve player experiences and retention.

How will David Conde contribute to Real Luck Group Ltd.?

Conde will oversee data analytics to optimize customer acquisition and retention, vital for Luckbox's growth in the competitive betting market.

What are Luckbox's future plans regarding player marketing strategies?

Luckbox plans to launch enhanced customer acquisition and retention campaigns by the end of the year, supported by advanced data analytics.

How does data-driven strategy impact Luckbox's business model?

A data-driven strategy is essential for Luckbox to compete effectively in the iGaming industry, guiding decisions in marketing, customer support, and overall operations.