Brazilian Esports organization, Esportes Gaming Brasil, appoints a new Executive Director
Hugo Baungartner, a seasoned professional with over 28 years of experience in the technology and gaming sectors, has been appointed as the Executive Director of Institutional Relations and Strategic Partnerships at Esportes Gaming Brasil. In this role, Baungartner will be responsible for strengthening institutional engagement and driving the expansion of the company in Brazil.
Esportes Gaming Brasil, a group consisting of Esportes da Sorte and Onabet, operates under the licensing regime of the Secretariat of Prizes and Betting (SPA/MF) and has been actively implementing responsible gambling initiatives. Baungartner's appointment is aimed at supporting the expansion of Esportes Gaming Brasil’s brand and strengthening its institutional connections, contributing to the company’s focus on governance, compliance, and the maturation of the betting sector in Brazil.
Baungartner's responsibilities include liaising with various institutions such as the SPA/MF, the Federal Revenue Service, the Central Bank, COAF, certification bodies, and accredited laboratories. He will also oversee the company’s strategic partnerships and mergers & acquisitions (M&A) activities. Moreover, he will prepare the company for developments in the regulatory landscape and structure new projects with full legal and regulatory compliance.
Darwin Filho, CEO of Esportes Gaming Brasil, stated that Baungartner's arrival strengthens the group’s ability to act strategically in a constantly evolving sector. Baungartner's perspective aligns with the principles of governance and innovation that guide Esportes Gaming Brasil's group companies. In addition, he will evaluate M&A opportunities and develop partnerships with global providers.
Hugo Baungartner's goal is to ensure Esportes Gaming Brasil's operations meet legal requirements and serve as a benchmark for best practices, innovation, and sustainable growth. He sees the current moment in Brazil's regulation of the sector as a challenge and a motivation. Baungartner previously held leadership roles at companies such as Grupo Aposta Ganha, RCT Gaming, and Prohards.
With the mission of strengthening institutional engagement and driving expansion, Baungartner joins the company’s leadership team. His primary focus is on strengthening institutional engagement with public authorities, regulatory bodies, and strategic partners. Baungartner will also evaluate merger and acquisition opportunities (M&A) to further expand the Esportes Gaming Brasil group in Brazil.
References: [1] Esportes Gaming Brasil Press Release, "Hugo Baungartner Appointed as Chief Business Officer (CBO)", [date], [link] [2] Gambling Insider, "Esportes Gaming Brasil strengthens leadership team with Hugo Baungartner appointment", [date], [link] [3] iGaming Business, "Esportes Gaming Brasil appoints Hugo Baungartner as Executive Director of Institutional Relations and Strategic Partnerships", [date], [link] [4] SBC News, "Hugo Baungartner joins Esportes Gaming Brasil as Chief Business Officer", [date], [link]
- Hugo Baungartner's role as Executive Director of Institutional Relations and Strategic Partnerships at Esportes Gaming Brasil extends beyond Brazil, as he will also evaluate merger and acquisition opportunities (M&A) in the sports and finance sectors, aiming to expand the company globally.
- With his vast experience in the technology, gaming, and now finance sectors, Hugo Baungartner's strategic partnerships at Esportes Gaming Brasil are expected to augment the company's business growth, contributing to the maturation and governance of the sports and gambling industries in Brazil.
