Stake, a global sports betting and casino operator, proudly announced that it has obtained its Casino and Bookmaker license in Brazil. This milestone highlights its expansion into the gaming industry and regulated markets.
Stake’s successful foray into regulated markets such as Colombia, Peru and the acquisition of IdealBet in Italy reinforces its global presence. The company is now prepared to offer its products to a rapidly growing audience.
In Brazil, considered its second largest market in the world, Stake demonstrates its commitment by establishing its operations center in São Paulo. The operator focuses on strengthening local operations, bringing innovation and world-class entertainment to Brazilian players.
New license and arrival of new national manager
Brais Pena, Chief Strategy Officer at Stake, said: “For Stake, the license represents another step in its global expansion into regulated markets. The relevance of the market and the speed with which we reach it exemplify our working method.
Stake Brasil users can expect a similar experience to Stake.com, with a focus on the best customer service and quality products, placing the customer at the center of all operations.”
With the new license, Stake enters the market with a new national manager. Thomas Carvalhaes leads the team, made up of 10 local employees and supported by a global team of 1000 people. They are dedicated to delivering personalized experiences that connect with players while respecting the regulatory framework.
Thomas Carvalhaes, Brazil Country Manager, said: “We are very excited about the regulated environment and opportunities in the Brazilian market. Leading a brand capable of innovating and communicating with the right audience is something truly powerful.”
Additionally, Stake plans to expand its team and local operations. It is already a prominent name in Brazil, with partnerships such as Juventude Football Club, UFC and the Fittipaldi brothers, Pietro and Enzo. The company is optimistic about replicating its successful formula across Latin America.
About Stake
Founded in 2016, Stake quickly became one of the largest companies in the industry, with millions of users globally. Offering a wide range of sports betting and casino gaming products, the company has an extensive portfolio of sports partnerships, including the Alfa Romeo F1 team, Everton Football Club and UFC.
Furthermore, the betting company has renowned global ambassadors such as Drake, Israel Adesanya and Sergio Agüero.
