GAMBLING INSIDER

BetConstruct’s current CEO, Vahe Baloulian, will be leaving his role and handing over his responsibilities to the company’s founder, Vigen Badalyan.

Baloulian will be leaving BetConstruct after a total of six years with the gaming solutions provider. The company is headquartered in London with an additional regional office in Yerevan, Armenia.

BetConstruct cited Baloulian’s "focus on his family’s hospitality business" as the reason for his decision to step down. However, he will be expected to "continue to be actively involved with BetConstruct as a non-executive director".

Having joined in 2011 as a strategic advisory, Baloulian proved his extensive knowledge of the industry by claiming several awards and acknowledgments during his time with the company.

The new appointment of Badalyan as CEO will be effective November 1, 2017.