Real Luck Group adds former Mr Green CEO Bo Wänghammar to board of directors
Luckbox operator Real Luck Group has recruited former Mr Green CEO Bo Wänghammar to its board of directors.
Wänghammar replaces former board member Mike Stevens, who resigned from his position to focus on his family and charity work. He will join the board alongside directors including Lloyd Melnick, Maruf Raza, chairman Drew Green and CEO Thomas Rosander.
In addition to his leading role at Mr Green, Wänghammar has held leadership roles with several other iGaming businesses, most recently as director of international projects at PokerStars.
As part of the agreement, Real Luck Group has granted Wänghammar 300,000 stock options under its stock option plan at a price of C$0.21 per option. The options are exercisable for three years from the date of grant, vesting 10% immediately, 10% six months from the date of grant and 20% every six months after that.
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 $500m, 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.”
Wänghammar is the latest iGaming veteran to be hired by Real Luck Group following the announcement last week that former Lottoland executive Benn Timbury had been appointed as the firm’s chief operating officer.
The company has broadened its horizons in recent months, with the addition of online casino games to its previously esports and sports betting-focused offering.