Gaming software and platform provider BetConstruct has confirmed that Vahe Baloulian will step down as CEO at the end of this month.

His role will be taken on by the company’s founder and executive chairman Vigen Badalyan, effective November 1st.

Baloulian has been BetConstruct CEO since 2015, a period which has seen the company continue to expand and enter new markets such as the UK and France. He joined BetConstruct as a strategic adviser in 2011.

After the handover is completed, Baloulian will focus on his family’s hospitality business. He will continue to be actively involved with BetConstruct as a non-executive director.

Badalyan, a winner in this year’s Gaming Intelligence HOT 50 of 2017, has been with BetConstruct since founding the company in 2003.

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