Stake, a global iGaming operator, is pleased to announce the approval of its casino and sports betting license in Brazil, consolidating its expansion and presence in regulated markets. "We are very excited about everything that is happening in the country. I am leading a brand that has the ability to innovate and find the right opportunities to connect with the ideal audience," says Thomas Carvalhaes, country manager for Brazil.
Stake reinforces its global presence with successful entries into regulated markets in Colombia, Peru, and with the acquisition of IdealBet in Italy. These achievements extend its reach and position the company to serve a constantly growing audience.
Brazil is one of the most strategic markets for Stake, being considered the second largest in the world. With an operations center located in São Paulo, the company reaffirms its commitment to offering a high-level experience. Stake is focused on strengthening its local operations, bringing cutting-edge innovation and world-class entertainment to Brazilian players.
"For Stake, the license represents an important step in its global expansion to regulated markets. In this case, the relevance of the market and the speed with which we achieved this goal are a great example of how we work," says Brais Pena, director of strategy at Stake.
"Stake users in Brazil can expect an experience similar to Stake.com: the best customer service, a great product, good games, and generally, what we have always been known for – putting the customer at the center of all operations, marketing decisions, and product," he adds.
In addition to announcing its new license, Stake strengthens its entry into the Brazilian market with the appointment of Thomas Carvalhaes as national manager and an initial team of 10 collaborators, supported by its global structure of more than 1,000 professionals. The team is fully dedicated to offering personalized experiences that meet the preferences of Brazilian players, always operating in compliance with the regulatory framework.
"We are very excited about the regulated market and everything that is happening in Brazil, especially its growth and the way it is consolidating. I am leading a brand that has the ability to innovate and find the right opportunities to connect with the ideal audience. This is something really powerful and undoubtedly a winning combination," says Thomas Carvalhaes, country manager Brazil.
"For the next year, our focus will be to further expand the team and local operations. Stake is already a prominent name in Brazil, with important partnerships such as Juventude Football Club, UFC, and the Fittipaldi brothers, Pietro and Enzo. We are confident in bringing our formula for success to all of Latin America," he concludes.
Diana Otálora, general manager of Stake for Latin America, highlights: "At Stake, we face the challenges of legal regulations and, in record time, managed to meet the requirements of Colombia and Peru. Now, with Brazil, we show that Stake's ambition is to become one of the main players in the betting market in Latin America".
Founded in 2016, Stake quickly became one of the biggest players in the industry, with millions of users worldwide, offering a wide range of sports betting products and casino games. Stake has an extensive portfolio of sports partnerships, including:
* Official Partner of the Alfa Romeo F1 Team
* Main Partner of Everton Football Club
*Official Betting Partner of UFC (Latam and Asia)
Stake also boasts a long list of renowned global ambassadors, including the star Drake, UFC fighter Israel Adesanya, and Argentine football icon Sergio Agüero, forming a diverse portfolio of partners.
Source: GMB
