Grupo LBBR, operator of the betting brands Luck.bet, Start Bet and 1PRA1, has appointed Paulo Gasparotto as its new director of Compliance, the company said in a statement.
The group said the hire is part of a governance push aimed at meeting the requirements of Brazil’s regulated betting environment. Alongside the appointment, Grupo LBBR said it has established a dedicated structure focused on Compliance, anti-money laundering and counter-terrorist financing (PLD/FTP), and regulatory matters.
According to the company, measures implemented include strengthened internal controls, a review of policies and procedures, and upgrades to monitoring processes designed to prevent financial crimes. The operator also said it has increased integration across operational, legal, technology and regulatory teams.
“Estamos elevando o nível das nossas empresas com o fortalecimento de controles internos, revisão de políticas e aprimoramento contínuo dos mecanismos de monitoramento e prevenção a ilícitos financeiros. A proposta é atuar de forma proativa diante das exigências regulatórias, com uma estrutura sólida e integrada que assegure eficiência operacional, gestão de riscos e confiança para todo o ecossistema do negócio”, afirma Paulo Gasparotto.
Looking ahead, Grupo LBBR said it plans to continue developing its compliance and PLD/FTP program, strengthen its internal integrity culture, enhance risk management mechanisms, and consolidate regulatory processes to support sustainable growth.
