Luckbox operator Real Luck Group has recruited former Lottoland executive Benn Timbury as its chief operating officer (COO).

The firm said Timbury has extensive experience in scaling up iGaming businesses across all areas of operations, including driving revenue growth, player acquisition and retention, B2C and B2B partnerships and global acquisitions.

Timbury’s most recent job was at Gibraltar-based Lottoland, where he played a key role in leading new strategic initiatives to drive the company’s growth.

Prior to his experience at Lottoland, Timbury was founder and CEO of online lottery operator LiveLotto, where he led the firm’s growth, corporate governance and legal frameworks.

Under the terms of his appointment, Real Luck Group has granted Timbury 750,000 stock options under its stock option plan, at a price of C$0.21 per option, representing its closing share price on 28 February.

The options are exercisable for a period of three years from the date of grant, vesting 10% immediately, 10% after six months and 20% for every subsequent six-month period.

“I am delighted to welcome Benn to Luckbox at an exciting time for our company,” said Real Luck Group CEO Thomas Rosander. 

“After adding casino games to esports and sports on our next-generation wagering platform, we are beginning to scale player acquisition efforts and looking to enter new markets with additional licences, all of which Benn will play a pivotal role in executing.

“Benn has a proven track record of success in a leading role within iGaming companies, helping deliver on revenue growth, to hit operational milestones and implement B2C and B2B strategies and we are looking forward to having his expertise to help drive us forward on our near-term and long-term growth goals.”

Timbury added: “Luckbox sits perfectly at the convergence between esports, gaming and gambling and the huge potential of this sector is well documented.

“I am joining a stellar team that blends iGaming knowhow with esports authenticity and I am looking forward to playing a key role as we strive to scale our user base and revenues throughout the coming months.”