Stake has announced the appointment of Fabio Angeli Bufalini as the National Manager for Italy, marking the next step in the company's ongoing European expansion strategy.
Bufalini brings a wealth of experience in the iGaming industry to the position, where he will be responsible for establishing Stake's presence in the Italian market.
His duties include building the operations team and ensuring compliance with local regulations, while striving to provide a localized gaming experience.
Speaking about his new role, Bufalini said: "With many years of experience in the iGaming industry, I am honored to continue this journey with Stake.
"With my deep understanding of the market and regulatory environment, I am excited to establish Stake's local influence, cultivate a talented team, and offer innovative gaming experiences tailored for the Italian market."
It is worth noting that this appointment follows Stake's acquisition of IdealBet in July 2024.
This appointment comes during a period of expansion for Stake.
Just a few days before this announcement, the company announced the acquisition of Danish operator MonicoPlay – pending regulatory approval from the Danish Gambling Authority, Spillemyndigheden.
The company's recent activities also include significant developments in Latin America, particularly in Brazil, where Stake has obtained licensing approval and established partnerships with TGLab and Kambi.