Wänghammar, who will be reporting to Rafi Ashkenazi, CEO of Amaya Inc. (Nasdaq: AYA; TSX: AYA) and Rational Group, will assume office on Feb 1 and will take responsibility for the overall performance of the PokerStars Casino business.
He will be tasked with executing strategy and operations for PokerStars casino verticals, as Amaya further diversifies its product assets away from online poker.
An online gaming industry veteran, Wänghammar takes over the new responsibility after serving as Business Development Director for Mr. Green & Co AB (Nasdaq Stockholm: MRG), the Swedish online casino company, and previously as Chief Executive Officer of Mr. Green’s operating company, Mr. Green Ltd. He has also held senior management positions at bwin.party Digital Entertainment, online opticians Lensway, and newspaper publisher Metro International.
Welcoming Wänghammar to Amaya, group CEO Rafi Ashkenazi stated, “We believe Bo is a great addition to Rational Group’s senior management team. Not only does he have great experience in growing an online casino brand from the ground up, but he has management talent across a range of industries.”
Wänghammar too backed Ashkenazi positive comments, stating that he looked forward to taking PokerStars’ casino assets to the next level.
“I’m looking forward to taking PokerStars Casino to the next level of growth,” said Wänghammar. “As one of the largest and fastest growing online casinos in the world, PokerStars Casino has great potential which I’m eager to deliver on.”
In its latest trading update, Amaya governance detailed that combined online casino and sports betting revenue had climbed 114% to $183 million for the Q1-Q3 period (January – September 2016).
PokerStars Casino recently launched a progressive mega jackpot slot Millionaires Island with a whopping $1 million minimum jackpot.
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