With more than 20 years of experience holding leadership positions at institutions such as Inter, Stellantis, ArcelorMittal, and Mercantil do Brasil, Thiago joins the team with the mission of driving the company’s strategic transformation, strengthening financial performance with a focus on revenue diversification, supporting global expansion starting in Latin America, and structuring the finance department to operate in new regulated markets.
Garrides commented: “Taking on the role of CFO at Cactus is a great opportunity to contribute to the company’s growth and financial strength. I bring 20 years of corporate experience focused on finance and management, where I had the opportunity to build a distinguished track record across various sectors, delivering significant results.”
“My mission is to drive the company’s strategic transformation, strengthen financial performance with a focus on revenue diversification, support global expansion starting in Latin America, and structure the finance department for operations in new regulated markets, building a globally scalable organization while preserving Cactus’s innovative and entrepreneurial DNA,” he adds.
Cactus Gaming, along with the founder of Grupo Cactus, Nickolas Ribeiro, recognizes the importance of bringing in renowned professionals to strengthen the company. “Thiago’s arrival marks an important step forward in our executive structure. We are in a period of consolidation and international expansion, and having a CFO with his experience and strategic vision reinforces our commitment to solid, responsible management aligned with the challenges of the iGaming sector,” he highlighted.
Responsible and sustainable iGaming ecosystem
The new CFO believes that in iGaming, technology within a responsible and sustainable ecosystem must go beyond simply offering games and platforms — it must balance innovation, compliance, security, user experience, and social responsibility.
Garrides stated: “With the significant growth of our operations, we reinforce our commitment to building a safe and conscious environment, investing in awareness for the responsible use of our platforms.”
Cactus is a strategic partner for operators, offering the highest global standards of security, transparency, and innovation, within a complete ecosystem of products and services for the market, with the trust that comes from being certified by international standards.
“The combination of creating high-performance financial models and the ability to navigate complex regulatory environments ensures my contribution to solid growth, full compliance, and a focus on sustainable results,” he concluded.
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 technological solutions with high conversion rates.
A certified company operating in full regulatory compliance, reinforcing its reliability and security for operators and users, it has established itself as a powerhouse in the sector with a background of over 25 years of experience in the digital market. It has achieved market leadership by combining advanced technology, security, 24/7 support, and local expertise.
Awarded as Best Platform of the Year for two consecutive years, winning the Best White Label award at the SiGMA Awards 2024 and Best Platform at the BiS Awards 2024 and 2025, it is also competing for the C-Level Executive of the Year award with its CBO, Tiago Silva.
Present at the main global events of the sector such as ICE, SiGMA Americas, SBC Summit, SiGMA Europe, iGB, among others, and in the midst of international expansion, Cactus Gaming reinforces its leadership by expanding its presence in Latin America and other markets.
Source: GMB
