Cactus Gaming officially announces Thiago Garrides as its new Chief Executive Officer (CEO), initiating a new strategic cycle focused on operational efficiency, continuous innovation, and sustainable growth, with an emphasis on improving internal processes to better serve clients.
Until now Chief Financial Officer (CFO) of the company since July 2025, Garrides assumes leadership at a crucial moment for the iGaming sector in Brazil, which is undergoing a process of consolidation and regulation.
Garrides’ arrival as president reinforces Cactus’ corporate governance and marks the company’s preparation to expand its operations in a solid, responsible manner, aligned with best compliance practices. With this new cycle, the company positions itself to advance the evolution of the technology sector for sports betting and online gaming, within a context of institutional maturity.
With over 20 years of experience in corporate finance, risk management, and treasury, as well as working in highly regulated environments, Garrides brings a solid background acquired at renowned companies such as Inter, Stellantis, ArcelorMittal, and Mercantil do Brasil.
The executive possesses a strategic vision focused on governance, financial sustainability, and business scalability. Their profile is characterized by data-driven decision making, financial discipline, operational efficiency, and strong integration between technology, business, and compliance.
“Without a doubt, it’s a challenge to run the company efficiently, safely, and sustainably amidst the transformations the market is experiencing, especially in the post-regulation era, but we are confident that the sector will consolidate,” comments Garrides.
Strategy 2026: Customer focus and sustainable growth
In 2026, Cactus Gaming is preparing for a year of sustainable expansion, with an intensified focus on building long-term relationships with operators and increasing investments in technology.
“Our goal is to lead the next innovation cycle, offering customized, secure, and high-performance solutions, as well as acting as strategic partners to operators, contributing to the construction of a more sustainable market aligned with industry regulations,” says the new CEO.
The Cactus ecosystem will become even more complete, with integrated resources that will meet the diverse needs of operators, from player retention to financial, legal, and technological integration issues.
With strengthened governance, structural expansion, and a solid strategic vision, Cactus Gaming is ready to lead the next phase of evolution of the iGaming market in Brazil and Latin America.
The company believes that 2026 will be a decisive year for consolidating a safer, more transparent, competitive, and innovative sector, and positions itself as a protagonist in this movement.
About Cactus Gaming
Cactus Gaming is a Brazilian technology company specializing in the development of innovative solutions for the sports betting and online gaming market, offering a complete ecosystem of services for operators seeking high-performance, high-conversion technological solutions.
Awarded Best Platform of the Year for three consecutive years, winning the “Best White Label” award at the SiGMA Awards 2024 and “Best Platform” at the BiS Awards 2024 and 2025, the company offers a complete and intuitive platform for iGaming operators, including sportsbook, casino, provider integrations, full back office and 24/7 support.
With a presence at major global industry events such as ICE, SiGMA Americas, SBC Summit, SiGMA Europe, IGB, among others, and in full international expansion, Cactus Gaming reinforces its leadership, consolidating itself as a benchmark in the global iGaming market.