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In a significant development for the Latin American iGaming industry, Ramiro Atucha, co-founder and CEO of Vibra Gaming, has resigned as executive after five years of transformation. Governance now rests in the hands of Werter Luna, former CEO of TSA Brazil, with the two companies having recently merged.
A Transformational Journey
Ramiro Atucha’s tenure as the CEO of Vibra Gaming has been defined by rapid growth, strategic expansion, and global recognition. Vibra Gaming started as a small game aggregator and studio when Atucha took over. The company developed into an iGaming and VLT (Video Lottery Terminal) provider full-service company that provides services to a few regulated markets within Latin America.
During the past five years, Atucha guided the company’s growth and evolution, and nowadays Vibra is one of the most significant players in the regulated gaming sector in the region. The brand gained GLI certifications for all of its technologies and ISO 27001 accreditation for its internal processes—a landmark accomplishment that allowed Vibra to enter and evolve within rigorous regulatory markets in countries such as Argentina, Brazil, Ecuador, Mexico, Peru, Paraguay, and Costa Rica.
A New Chapter for Vibra Gaming
Atucha’s departure is part of a strategic succession plan. In a written statement, he spoke to the need for fresh ideas and fresh energy as the company steps into a new era of growth. This led Werter Luna, a long-time friend through TSA, which recently merged with Vibra Gaming, to step in.
Werter Luna has over 25 years of experience in developing technology platforms for banking, healthcare, and gaming sectors. He is a strategic mind with extensive knowledge of the Brazilian market—a quality that is imperative to Vibra’s future intentions in the country. His experience working with Vibra on gigantic projects had already shared a vision and operational congruence that inevitably made him the future head of the company.
Atucha believed firmly in Luna as a leader: “Werter is the right person at the right time. He has the vision, the experience, and the drive to lead Vibra through its next phase.”
A Legacy of Impact
As he steps down from the CEO role, Atucha will remain closely involved with Vibra Gaming as a shareholder and strategic advisor. He referred to the step as an emotional but necessary one to enable the company to continue expanding. Reflecting on his 20-year career in gaming, Atucha was positive about the future: “After 20 years in this great industry, I still think there’s so much ahead. I’ll see you all at the next conference.”
Atucha also referenced the company’s many achievements while he was there, including many industry awards, listing on influential business lists, and being invited to top panels and conferences across the world. His last message to the Vibra team members, partners, investors, and customers was with gratitude: “Thank you for your trust and for sharing this journey. It’s been an honor.”
The change in leadership at Vibra Gaming is a part of the bigger trend in the Latin American gaming space—one where consolidation, strategic alliances, and experienced local management become necessities for success. With its footing established and a new direction under Werter Luna’s guidance, Vibra Gaming appears poised to grow both in terms of platform and content development for regulated territories.
As the company goes into the next stage, all eyes in the industry will be on this move to know how it will spur further expansion and innovation. Here is one thing for sure: Atucha and Luna have a unified vision—positioning Vibra Gaming at the vanguard of Latin America’s regulated iGaming market.
Source: GMB
