Brazilian gaming company Esportes Gaming appoints new Executive Director
Hugo Baungartner has been appointed as the Executive Director of Institutional Relations and Strategic Partnerships (Chief Business Officer - CBO) at Esportes Gaming Brasil. In this role, he is responsible for managing the company's institutional relationships and developing strategic partnerships to support its growth and alignment with regulatory and industry standards.
Baungartner brings over 28 years of experience in the technology and gaming sectors to his new position. Prior to his appointment at Esportes Gaming Brasil, he held leadership roles at companies such as Grupo Aposta Ganha, RCT Gaming, and Prohards.
Esportes Gaming Brasil aims to continue its expansion in Brazil, and Baungartner's appointment is intended to help the company navigate and engage with various institutions. Baungartner will be responsible for liaising with significant entities that hold influence over the regulatory landscape in Brazil, including the Secretariat of Prizes and Betting (SPA/MF), the Federal Revenue Service, the Central Bank, COAF, certification bodies, and accredited laboratories.
Baungartner's role in the company is part of its leadership team, and his responsibilities now include developing partnerships with global providers, evaluating merger and acquisition opportunities (M&A), and structuring new projects with full legal and regulatory compliance. He will also be preparing the company for developments in the regulatory landscape.
Darwin Filho, CEO of Esportes Gaming Brasil, states that Baungartner's arrival strengthens the company's strategic capabilities in a rapidly evolving sector. Baungartner has expressed his enthusiasm for being at the forefront of the regulatory movement in Brazil, aiming to ensure the company's operations adhere to legal requirements and serve as a benchmark for best practices, innovation, and sustainable growth.
Esportes Gaming Brasil is composed of Esportes da Sorte and Onabet. The company prioritizes player protection, compliance with Brazil's new gambling regulations, and fostering a strong internal culture emphasizing ethics, customer focus, and diversity. Baungartner has been publicly cited discussing the company’s commitment to embedding responsible gaming into its organizational DNA through training and compliance initiatives.
Baungartner's mission is to strengthen institutional engagement with public authorities, regulatory bodies, and strategic partners, and drive the expansion of the group in Brazil. His strategic focus on partnerships and institutional relations is expected to play a crucial role in Esportes Gaming Brasil's continued growth and success in the Brazilian market.
Baungartner, with his extensive experience in technology and gaming sectors, will utilize his role as the Executive Director of Institutional Relations and Strategic Partnerships (Chief Business Officer - CBO) at Esportes Gaming Brasil to develop partnerships with global providers and structure new projects with full legal and regulatory compliance, thus contributing to the company's growth and strategic capabilities in the rapidly evolving business landscape of Brazil.
In addition to navigating and engaging with various institutions, Baungartner will liaise with significant entities in the regulatory landscape, such as the Secretariat of Prizes and Betting (SPA/MF), the Federal Revenue Service, the Central Bank, COAF, certification bodies, and accredited laboratories, to ensure Esportes Gaming Brasil's operations adhere to legal requirements and serve as a benchmark for best practices, innovation, and sustainable growth.
