Streaks Gaming PLC Announces Year-over-Year Performance
London, United Kingdom - Streaks Gaming PLC (LSE: STK), a GPT driven,
conversational gaming platform targeting customers in the emerging US sports betting market, is pleased to announce its year-over-year user growth statistics. The company has seen a significant increase in key metrics, including registrations, unique players, contest entries, and entrants’ predictions.
In 2022, Streaks Gaming PLC experienced a 378% increase in registrations, rising from 24,401 in 2021 to 116,519.
Additionally, the company saw a 325% increase in unique players, going from 18,440 in 2021 to 78,347.
Contest entries also saw a significant increase, with 374% growth from 108,466 in 2021 to 514,252.
Furthermore, total entrants’ predictions rose by 309%, from 1,081,493 in 2021 to 4,423,344.
The company attributes these positive results to its focus on providing a seamless and enjoyable gaming experience for its users that leverages GPT’s engaging conversational interface to drive significant operational efficiencies.
These results demonstrate the first step towards demonstrating Streaks' operating model, whereby the company seeks to exploit the arbitrage available between the cost of signing customers to its free-to-play app and the rewards paid by established sports betting companies for referrals via the Company’s platform that lead to first-time depositors. This is a familiar model in more developed gaming markets such as the U.K. and Europe, with the U.S. being an attractive emerging gaming population due to its size, affluence, and relative immaturity.
Streaks Gaming PLC's CEO, Mark Rutledge, said, "We are thrilled with the progress we have seen in our key metrics. This can be attributed to our focus on delivering high-quality, engaging gaming experiences to our players. Our gaming experiences collect a unique set of first-party sports and prize affinity data, which we are transforming into hyper-personalized gameplay and prizing through the use of generative AI and integrations with GPT. We are confident that this investment in generative AI will set us apart from our competitors and continue to drive our growth in the gaming industry. We look forward to sharing more details about this exciting development in the near future."
The company plans to continue expanding its offerings and investing in innovation to meet the demand for its services.
About Streaks Gaming PLC (LSE:STK)
Streaks Gaming PLC is a leading provider of online gaming services. The company offers a wide range of contests and predictions for sports and esports fans. With a user-friendly platform, cutting-edge technology, and a commitment to providing a seamless and enjoyable gaming experience, Streaks Gaming PLC is becoming a trusted and respected name in the industry.
For more information, please visit Streaks Gaming PLC's website at playstreaks.com
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