Ramiro Atucha - CEO at Atucha Strategic Advisory
Ramiro Atucha – CEO, Atucha Strategic Advisory
In 2008 he co-founded Leander Games in Buenos Aires, where he served as CEO and founder, and later as COO, expanding the company from a small start-up to a recognized software provider certified by MGA, UKGC and AGCC, with notable integrations such as PokerStars and Betsson, and a workforce that grew from 5 to 60 people. His leadership was key in the design and consolidation of the LeGa aggregation platform, which included more than 30 content partners.
In 2020, Atucha took on the role of CEO of Vibra Gaming, formerly known as Spieldev, guiding its transformation into a platform developer and provider with a regional focus. Under his direction, the company launched strategic divisions such as Vibra Solutions (omnichannel platform, RGS and customizable sportsbook) and Vibra VLT, steering the product toward the Latin American market with technical flexibility and GLI certifications.
His influence in the sector has been recognized on multiple occasions: he was included in Gaming Intelligence's Hot 50 ranking in 2016, and again in 2022, evidencing his prominent role among global iGaming leaders.
In mid-2025, he reported that, after five years of transformation, he would leave the executive role at Vibra Gaming and continue as a strategic advisor and shareholder, marking a new chapter in his career as the company enters its next phase under the leadership of Werter Luna.
Ramiro Atucha has officially introduced in November 2025, Atucha Strategic Advisory, a boutique consultancy created to work with a select group of companies worldwide. The firm will initially focus on Latin America, providing tailored guidance in market entry, corporate structuring, business strategy, and product positioning.
We spoke with Ramiro Atucha to learn a bit more about his current situation, his career and his more human side on More than a Game!
Professional Journey
What did you dream of becoming as a child before entering this industry?
Honestly… what I am today. Since I was young I dreamed of starting a family, having my own company and "doing business." I am very grateful to have a family that fills me with joy and to have participated in the creation of several ventures, to see them grow and, for me it is very important, to see each of their members grow.
What was your first paid job?
At 18. A few weeks after finishing high school I was offered a job selling subscriptions and book collections for the publisher Time Life, and I also joined Citibank as a sales representative during the era of the AFJP. I took both jobs while I was attending university.
And your first job in the world of betting/gambling?
In 2005. I had my software factory (Ixone Studios) and I was offered to take charge of production at ID Interactive, an American land-based company, but with a team in Argentina. It was my first contact with gambling, since I had never been interested in participating as a player.
What attracted me most was the challenge of getting such different, and sometimes antagonistic, profiles to work together for a single product: a game! If you think about it, to create a game you need creatives, musicians, mathematicians, front end, back end developers, illustrators, QA… and manage to keep them from killing each other.
What do you enjoy most about this industry?
How agile and challenging it is, and the fact that, after 20 years here, at every expo I meet people I have come to appreciate and consider friends.
What current trends will shape the future of betting over the next 5 years?
Several things:
Omnichannel (we all talk about it, but it's not here yet).
Determining whether games will become a commodity or whether creativity and quality will prevail.
The battle for regulated gaming.
The effort to reach younger generations.
The application of artificial intelligence.
In my opinion, these five points, present today, will set the agenda for the next 5 years.
How do you see the relationship between responsible gambling and sustainable market growth?
For me, the relationship between responsible gambling, regulation and market growth needs to be analyzed.
The less responsible gambling, the tougher the regulation and the more public opinion and the image of our sector turn against us.
This generates an overreaction by the regulator that affects only regulated gambling and ends up leaving the illegal operator with conditions of unfair competition. It is a context where everyone loses except the illegal operator.
In that scenario, the regulated operator, in addition to paying taxes, generating reports and going through demanding (and costly) certifications, finds itself very limited when it comes to promoting, giving bonuses or having a competitive offering, while the illegal operator has an enormous advantage.
The first step for sustainable market growth is regulation that allows it. And to that end, it would clearly help if regulated operators were the first to embrace responsible gambling.
What concerns you most about gambling addiction?
Gambling addiction is a type of addiction, and every addiction destroys the addict and their surroundings. I am concerned about that close destruction that all addictions cause.
In the specific case of gambling addiction, I believe regulation is the way. It is impossible for a minor to enter a regulated casino, for someone to wager exaggerated amounts or for there not to be the possibility to self-exclude.
At the same time, as an industry, I think we have to raise the bar on our side.
It is estimated that in Argentina between 60 and 70% of gambling is illegal. In other regulated countries, the percentage is also very high. Clearly there is something regulation is not getting right. I believe that with the regulated casino as an ally, rather than an enemy, those numbers can be improved.
What skills do you consider indispensable for a leader in this industry?
Ours is an industry where networking is very strong. Having genuine interpersonal skills is indispensable.
Obviously, for that to be sustained over time, there must be consistency in the path, the values, the actions and the quality of the product and service one delivers.
As with everything, language skills, multiculturalism and an open mind to innovations and changes also play an important role.
What was the most difficult decision you made in your career and what did you learn from it?
By this point there have been several. In 2012 I was CEO of Leander Games and we were already advanced in PokerStars' RFP that we later won. Also our RGS (one of the first in the industry) was entering several top-tier casinos. Leander was ceasing to be just a game studio and becoming a platform company. In my view, I was not the right CEO for that stage.
Stepping down as CEO of Leander and giving my place to someone else, assuming the role of COO, was very difficult. It was also the right decision.
Leaving Leander in 2019, and more recently leaving Vibra, were very difficult decisions. Every venture is like a child and the emotional bond is strong.
In companies, especially in start-ups, it happens that there are people who were key at a certain stage and later are no longer... or can no longer contribute what the project needs. When that happens, in my experience, it is a mistake to keep that person only for what they did before, but it is also a mistake to remove them without recognizing all they have contributed. In those cases the person must leave, with the respect and care they deserve, but they must leave.
And the same happens with oneself. When one considers that they are not the right person to lead the project, or that the conditions are not in place to do it successfully, it is time to step aside.
What was the best professional advice you have received?
“20% of a problem is not a problem”. Many years ago a consultant noticed that we always looked for the complete, perfect solution to any problem, and his advice struck me as brilliant.
Sometimes the perfect solution is expensive, takes too long (increasing the consequences of the problem), or is impracticable. And most of the time there is an accessible and quick action that partially solves the problem. By applying that, often we will notice that the problem has been reduced to 20%, and that 20% is no longer a problem or allows solving it under less pressure.
If you had to summarize your leadership philosophy in a single sentence, what would it be?
“Leading is identifying and bringing in the right people to help them grow alongside the project.”
If you hadn't worked in this industry, what other profession would you have liked to pursue?
Rockstar! :)
Quick-fire Round
A book you would recommend?
Flow, by Mihaly Csikszentmihalyi
A movie that left an impression on you?
About Time
A favorite food?
Asado!
A place in the world to live?
Valencia!
A dream yet to be fulfilled?
To shake Sir Paul McCartney's hand and thank him for so much. Messi would be a good alternative.
A hobby or passion outside of work?
My collections (left-handed guitars and whiskies).
Coffee or tea?
Coffee!
Remote work or in the office?
Office!
Casino or sports betting?
Casino.
Messi or Cristiano?
Messi by a wide margin! They are not comparable.
Sweet or savory?
Savory.
Netflix or Disney+?
Netflix.
Wake up early or stay up late?
Depends on what for… but stay up late.
Beach or mountains?
Beach!
Paper book or e-book?
Paper.
Data or intuition?
Both. Each validates the other.
Be cold or be hot?
Cold.
Formal or informal clothing?
Informal.
Window or aisle?
Window.
Wine or beer?
Wine.
Is it made or born?
It's made.
The Legacy
How would you like to be remembered?
As someone approachable, available, genuine.
What question have you never been asked in an interview and would like to answer?
Biggest team in history? River Plate!!
Which industry colleague would you like to see answering this piece?
Phil Mason, from Infinity Dragon.