The executive will focus on expanding the group’s presence in Brazil’s regulated market, with an emphasis on institutional engagement, new business, and compliance.
Esportes Gaming Brasil, the group composed of Esportes da Sorte and Onabet, announces the appointment of Hugo Baungartner as its new Executive Director of Institutional Relations and Strategic Partnerships (Chief Business Officer – CBO). He joins the company’s leadership team with the mission of strengthening institutional engagement with public authorities, regulatory bodies, and strategic partners, as well as driving the continued expansion of the group in Brazil.
Baungartner will be responsible for liaising with institutions such as the Secretariat of Prizes and Betting (SPA/MF), the Federal Revenue Service, the Central Bank, and COAF, as well as certification bodies and accredited laboratories. His responsibilities also include preparing the company for developments in the regulatory landscape.
“Hugo’s arrival strengthens our ability to act strategically in a constantly evolving sector. He brings an experienced, technical perspective aligned with the principles of governance and innovation that guide our group’s companies,” said Darwin Filho, CEO of Esportes Gaming Brasil.
“Brazil is going through a crucial moment in regulating the sector, and being at the forefront of this movement with such a relevant group is a challenge that truly motivates me. Our goal is to ensure our operations not only meet legal requirements but also serve as a benchmark for best practices, innovation, and sustainable growth,” said Hugo Baungartner.
With over 28 years of experience in the technology and gaming sectors, Baungartner will also be responsible for developing partnerships with global providers, evaluating merger and acquisition opportunities (M&A), and structuring new projects with full legal and regulatory compliance. He previously held leadership roles at companies such as Grupo Aposta Ganha, RCT Gaming, and Prohards.
About Esportes Gaming Brasil
Licensed by the SPA/MF to operate throughout Brazil, with authorisation published by the Ministry of Finance, the licence covers both companies in the group: Esportes da Sorte and Onabet.With fully Brazilian operations, Esportes Gaming Brasil is one of the sector’s leading groups, playing a prominent role and actively supporting market regulation. The group is also committed to developing effective control mechanisms to help users manage a healthy and responsible entertainment experience. Employing hundreds of people, its contribution to society goes beyond betting, through sponsorship of sports and cultural initiatives. In football, Esportes da Sorte sponsors several traditional Brazilian clubs, including Corinthians, Ceará, Ferroviária, and Náutico.In the events and entertainment segment, Esportes da Sorte has a strong presence in some of the country’s largest and most iconic projects, such as Galo da Madrugada and the Recife Carnival. On the digital front, Onabet partners with influential digital content creators to strengthen its brand presence and engagement.
