Kambi Group plc, a provider of sports betting solutions, has entered into a strategic partnership with Stake to support its expansion in regulated sports betting markets. The collaboration began with the successful launch of Stake’s real-money sportsbook in Brazil, a newly regulated market, marking the first phase of the partnership.
Founded in 2017, Stake is part of the Easygo group and has quickly grown into a significant player in the global iGaming market. Recently ranked in the top 20 of the EGR Power 50 list, Stake is focused on further expanding its global presence. To achieve this, Stake has partnered with Kambi, known for its expertise in regulated sports betting, to enhance its offerings across various regions.
The partnership allows Stake to leverage Kambi’s Turnkey Sportsbook solution in Brazil, with plans for further rollouts in other regulated markets worldwide. This collaboration strengthens Stake’s ability to provide a seamless, high-quality sports betting experience while adhering to local regulations.
Werner Becher, Kambi Group Chief Executive Officer, said: “Kambi has a proud history of driving growth for operators in regulated markets around the world and we look forward to doing similar for Stake. Kambi’s advanced and compliant technology enables operators to offer a leading sportsbook product, even within highly complex frameworks, so I’m excited to see what Kambi and Stake can achieve together in Brazil and other regulated markets.”
Brais Pena Sanchez, Easygo Chief Strategy Officer, added: “Launching in the newly regulated market of Brazil is a major milestone for us and we are excited to have partnered with Kambi to leverage their Sportsbook solution to support our global regulated market expansion. Our experience in the region, paired with Kambi’s cutting-edge technology, will allow us to elevate our offering and provide our customers with exciting experiences in Brazil and beyond.”
