Luckbox appoints former PokerStars executive to its board of directors

Industry

Real Luck Group and its subsidiary esports betting and iGaming companies doing business as Luckbox announced Wednesday the appointment of former PokerStars Director of International Projects, Bo Wänghammar to its board of directors. 

Wänghammar has held leadership roles with established global iGaming operators, having been Director of International Projects and Managing Director of Casino at PokerStars, and CEO and Business Development Director at Mr Green & Co online casino, which was acquired by William Hill in October 2018. 

Wänghammar joins fellow directors Chairman Drew Green, CEO Thomas Rosander, Lloyd Melnick and Maruf Raza on the Real Luck Group Board, replacing Mike Stevens, who resigned from his position as a director.

In an official press release, Real Luck Group CEO Thomas Rosander spoke about Wänghammar’s appointment and said: “I am thrilled a seasoned operator such as Bo will be joining our board. This is an exciting stage for the company as we look to scale our user acquisition efforts and revenues and I believe his experience and guidance will be invaluable to Real Luck’s growth strategy. His track record speaks for itself, as during his time as Director of Casino at PokerStars, he oversaw the doubling of revenues to more than US$500 million, growing the casino vertical to outperform the core poker offering. During Mr. Wänghammar’s time at Mr Green the business grew quickly and achieved strong profitability and we believe he was instrumental in refactoring the technical infrastructure to launch a portfolio of award-winning products.”

The company also announced it has granted Wänghammar 300,000 stock options under the company’s stock option plan to the directors, employees officers and consultants of the company at a price of C$0.21 ($0.16) per stock option, representing the closing price of the company’s shares on Tuesday, March 8, 2022, exercisable for a period of 3 years from the date of grant; vesting 10% immediately, 10% six months from the date of grant and 20% every six months after that.

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