iGaming veteran Bo Wänghammar replaces Mike Stevens as a board member
Real Luck Group Ltd. and its subsidiary companies doing business as “Luckbox” (the “Group”), an award-winning provider of licensed esports betting, sports betting and casino games, is pleased to announce the appointment of Bo Wänghammar to its board of directors.
Mr. Wänghammar has held leadership roles with established global igaming operators, having been Director of International Projects and Managing Director of Casino at PokerStars (acquired by Flutter Entertainment for US$6 billion in October 2019), and the CEO and Business Development Director at Mr Green & Co online casino (acquired by William Hill for £242 million In October 2018).
Mr. 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 to focus on his family and charity work.
Real Luck Group CEO Thomas Rosander 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.”
Grant of stock options
The Company announces that it has granted Mr. 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 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.