Fabio Tiberia Appointed Vice President LATAM at BetConstruct

The international gambling industry is watching Latin America closely as power dynamics in the technology sector shift. BetConstruct has sent a clear signal with the appointment of Fabio Tiberia as Vice President LATAM. Tiberia is no stranger to the scene. He is considered one of the pioneers of modern iGaming in Brazil, bringing expertise that dates back to a time when the market was completely unstructured. His task now is to lead the strategic vision and operations throughout the entire region.

The new Vice President takes the helm at a time characterized by extreme growth but also complex regulatory challenges. The Brazilian market in particular has recently made headlines as legal frameworks are constantly changing. Tiberia will focus on strengthening BetConstruct's presence through advanced technology, deep market understanding, and long-term partnerships. This is not just about pure growth but about sustainable establishment as a leading infrastructure and content provider.

Numbers and facts

Fabio Tiberia looks back on an impressive career. He has 16 years of experience in the Brazilian sector and more than two decades in international markets in total. As early as 2011, he managed one of the first betting platforms in Brazil, long before any state regulation was in sight. A decisive milestone was the year 2013, when Tiberia established the partnership that first brought BetConstruct to Brazil. In doing so, he paved the way for European and Asian standards in South America.

The company emphasizes that despite regional setbacks, the focus remains on transparency. Tiberia underlined this in an official statement:

"Our position is clear: we will continue to defend player protection, responsible gaming and the sustainable development of the iGaming entertainment industry." - Fabio Tiberia, Vice President LATAM at BetConstruct

In addition to Tiberia, other leadership figures play a central role. Beatriz Melges, serving as COO, has significantly advanced technological development in the region over the last two years. Furthermore, the VBET brand, the group's B2C platform, is being positioned globally under the leadership of CEO Ruben Tovmasyan and the only 26-year-old Chairman Roman Badalyan.

Background

Latin America is considered one of the most dynamic markets worldwide. While many markets in Europe are saturated or stagnating due to extremely restrictive laws, South America offers huge potential. BetConstruct relies on a combination of local execution and global technological competence. An example of the deep roots in the culture is the sponsorship of the traditional club Botafogo and the cooperation with the BSOP, the largest poker series in Latin America. The latter is to be transformed into a global product through the new structure, with names like Igor Federal and Andre Akkari increasing international appeal.

Why it matters for German players

For German players, this personnel move initially has no direct impact on daily gameplay but highlights a global trend. While companies like BetConstruct focus on expansion in Latin America, the German market remains heavily regulated by the State Treaty on Gambling 2021 (GlüStV 2021). Anyone playing in Germany must adhere to the monthly deposit limit of 1,000 euros, which is monitored via the LUGAS IT system. In addition, a stake limit of one euro per spin applies to virtual slot machines. However, the appointment of experts like Tiberia underscores that major providers worldwide must increasingly focus on regulation and compliance to be successful in the long term. German customers should always ensure they only play with providers listed on the official whitelist of the Joint Gambling Authority of the States (GGL).

What it means for GGL-licensed casinos

Casinos with a German GGL license can benefit from such global developments, as BetConstruct also functions as a software provider. When a company sharpens its compliance structures globally, it increases the security of the systems offered. The strict German rules on player protection and addiction prevention require a technological infrastructure that reliably transmits data to LUGAS and OASIS. Providers that rely on experienced managers like Tiberia globally signal that they understand the complexity of modern regulation. In the long term, this could lead to technological innovations from the LATAM region, provided they meet German standards, also finding their way into licensed German online gambling halls.