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LuckyStreak Celebrates a Decade in Business and Reveals Plans for 2024

Posted on March 11, 2024 | 7:07 am
luckystreak_reveals_plans_for_2024

LuckyStreak, the international iGaming company that is also one of the world’s most prominent suppliers of live dealer games for online casinos, has announced through a blog post on its website that it celebrates a decade in the iGaming industry.

Founded in 2014, the company has now reached a very high level of trust in the industry as it has a customer base of over one thousand online casinos. Moreover, the company describes 2023 as a “milestone year” in its history as it has brought triple-digit growth for the business.

Ady Totah, who is the current company Chief Executive Officer, and Erez Cywier, who is the Chief Technical Officer, were the ones who founded the company ten years ago when they opened a live casino studio in Riga, the capital city of Latvia.

Since then the company has continuously invested in its live casino products, enhancing the quality of the existing ones while also putting out new titles on the market to boost its portfolio and appeal.

In 2023 the live casino supplier unveiled a new user interface for its live dealer games and launched Live Blackjack, the first game with the new interface. Then the developer updated its Live Baccarat game, shortly after having unveiled Blaze Roulette, a brand new title for its live casino portfolio.

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Numbers Don’t Lie

When describing the company’s performance in 2023, LuckyStreak revealed some key performance indicators that can do all the talking. For instance, the number of bets placed across the company’s LuckyLive and LuckyConnect games was up 146 percent compared to 2022.

Moreover, the total value of bets placed also went up by 55 percent year-on-year. Gross gaming revenue from all activities more than doubled, while gross player volumes increased by 93 percent in 2023.

The average stake per bet on LuckyStreak’s live dealer games also registered an increase of 12 percent while on LuckyConnect, the company’s casino game aggregation platform, that figure went up by 30 percent. Last but not least, the online casino customer numbers almost doubled, going up by 92 percent year-on-year.

For 2024 the company revealed that it aims to continue its growth but admitted in the blog post that the great performance recorded in 2023 can be “a hard act to follow.” Nevertheless, LuckyStreak underlined that the company has high expectations for 2024.

Source:

“LuckyStreak: 2023 Was A Milestone Year For Us“, luckystreaklive.com, March 6, 2024.

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