Real Luck Group Ltd (TSX-V:LUCK, OTCQB:LUKEF) said it has appointed Bo Wanghammar to its board of directors,
Wanghammar was previously director of International Projects and managing director of Casino at PokerStars and the CEO and business development director at Mr Green & Co online casino.
He replaces Mike Stevens who has resigned to focus on his family and charity work.
"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,” Thomas Rosander, Real Luck Group CEO said in a statement.
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"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. Wanghammar'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," Rosander added.
Wanghammar joins chairman Drew Green, CEO Thomas Rosander, Lloyd Melnick and Maruf Raza on the Real Luck board.
The company also noted that Wanghammar has been granted 300,000 stock options under the company’s stock option plan at a price of C$0.21 each, representing the closing price of the company's shares on Tuesday, March 8, 2022. The stock options are 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.
Real Luck is the parent company of Luckbox, an award-winning next-generation gaming platform that offers legal, real-money betting, live streams, and statistics on all major esports, as well as sports betting and casino games on desktop and mobile devices.
Contact the author at jon.hopkins@proactiveinvestors.com