LBBR Group, responsible for the Luck.bet, Start Bet and 1PRA1 brands, announced the appointment of Paulo Gasparotto as Compliance director, in another move to adapt to Brazil’s regulated betting environment.
The hiring comes at a time when licensed operators are seeking to strengthen their structures to meet the requirements of federal regulation, in effect since January 2025.
According to the company, Gasparotto’s arrival accompanies the creation of a dedicated area for Compliance, Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) and regulatory matters.
According to LBBR Group, the new structure includes the strengthening of internal controls, review of policies and procedures, and improvement of monitoring mechanisms aimed at preventing financial crimes.
The company also highlights greater integration between the operational, legal, technological and regulatory areas.
“We are raising the level of our companies by strengthening internal controls, reviewing policies, and continuously improving monitoring and financial crime prevention mechanisms,” said Gasparotto.
“The proposal is to act proactively in light of regulatory requirements, with a solid and integrated structure that ensures operational efficiency, risk management, and confidence for the entire business ecosystem,” he concludes.
The announcement reflects a trend observed among operators active in the regulated Brazilian market: the strengthening of compliance and risk management areas as pillars for business sustainability and for relationships with regulators, partners and users.
According to the company, the next steps include expanding the Compliance and AML/CFT program, strengthening the internal culture of integrity, and continuously improving risk management mechanisms and regulatory processes.
The appointment also signals the growing importance of compliance executives within Brazil’s betting industry, as the sector moves toward a phase of greater operational maturity and regulatory oversight.
Industry experience
Gasparotto has more than 14 years of experience in banking, fintechs, healthcare and iGaming, focusing on Compliance, Risk Management and Fraud Prevention. He has worked in regulated environments in Brazil and abroad, leading teams and reporting to boards and senior management at a global level.
He is a member of the AML/CFT Committee of ABC-Bet (Brazilian Association of Compliance, Best Practices, Ethics and Transparency in Betting).