TG Lab announced its entry into the regulated Brazilian market through a collaboration with Stake. This partnership marks the third market venture between TG Lab and Stake, following deployments in Colombia and Peru in 2024.
The platform provider will offer Stake a full-channel solution, including front-end development and customized mobile applications.
TG Lab recently acquired Brazilian platform provider and gaming studio SysGaming, which facilitated this expansion and enabled the delivery of localized content and support in Portuguese.
Prior to entering Brazil, TG Lab had been expanding for a year, entering six new regulated markets in the past 12 months, including Argentina, Colombia, Peru, Paraguay, and Kazakhstan.
Good news: TG Lab recently obtained a license from the Alcohol and Gaming Commission of Ontario, indicating its plans to expand into the North American market soon.
TG Lab CEO Ugnius Simelionis commented on the new deal with Stake, saying: "Stake is a true giant in the gaming industry and has become a globally recognized brand. Our successful track record in Latin America is why they chose us to bring the brand to Brazil."
"TG Lab has ambitious plans to make a significant impact in Latin America, and Brazil offers us a great opportunity to showcase how we can provide the best localized B2B products on the market."
This collaboration coincides with Stake's recent appointment of Thomas Carvalhaes as the national manager for Brazil, and the operator has received regulatory approval to operate casinos and sports betting in Brazil.
