{"id":238,"date":"2024-06-28T01:58:17","date_gmt":"2024-06-27T22:58:17","guid":{"rendered":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/"},"modified":"2024-06-28T01:58:17","modified_gmt":"2024-06-27T22:58:17","slug":"stake-acquires-betfair-colombia-marking-entry-into-latin-american-market","status":"publish","type":"post","link":"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/","title":{"rendered":"Stake Acquires Betfair Colombia, Marking Entry into Latin American Market"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/Rftl5-D4T24\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>The cryptocurrency betting and gaming enterprise, Stake, has acquired Betfair Colombia, providing them with entry into the Colombian market through Betfair&#8217;s permit.<\/p>\n<p>The permit, authorized by ColJuegos, the Colombian regulatory body, is valid until 2025.<\/p>\n<p>&#8220;Entering the Colombian market is a significant event for us, and it aligns perfectly with our growth plans and innovative ideas,&#8221; stated Brais Pena, the chief strategy officer at Easygo, the company behind Stake.com.<\/p>\n<p>&#8220;Colombia is the initial regulated market in Latin America, making it the ideal location for Stake&#8217;s expansion. Our aim is to become a leading player in the market within two years.&#8221;<\/p>\n<p>Stake intends to utilize Colombia as a foundation for growth throughout Latin America, with their license valid until 2025. This follows Betfair&#8217;s entry into the second-largest market in Latin America in 2020.<\/p>\n<p>Since Colombia began regulating gambling in 2017, Coljuegos has issued over 20 licenses. The regulatory body generated over $140 million in gambling taxes between January and August 2023, representing a 16.7% increase compared to the previous year. <\/p>\n<p>Outside of Colombia, Stake has secured market entry in Mexico and Paraguay through collaborative agreements with local operators. They have also expressed a desire to enter future regulated markets in Peru and Brazil.<\/p>\n<p>In recent years, the company has also partnered with a variety of brand ambassadors across the Americas. These include Argentine football legend Sergio Ag\u00fcero, rapper Drake, and the Alfa Romeo Formula 1 team.<\/p>\n<p>Since 2021, Stake has been the official betting partner of the Ultimate Fighting Championship (UFC) in Latin America.<\/p>\n<p>\u201cWe believe that the Colombian market is a crucial entry point for our Latin American expansion,\u201d stated Blaise Pena. \u201cWe are committed to making a positive impact on the local economy, driving innovation, and providing exceptional entertainment value to our customers.\u201d<\/p>\n<p>Sign up for the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency betting and gaming enterprise, Stake, has acquired Betfair Colombia, providing them with entry into the Colombian market through Betfair&#8217;s permit. The permit, authorized by ColJuegos, the Colombian regulatory body, is valid until 2025. &#8220;Entering the Colombian market is a significant event for us, and it aligns perfectly with our growth plans and innovative [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stake Enters Colombia with Betfair Acquisition<\/title>\n<meta name=\"description\" content=\"Stake, the crypto betting platform, expands into Colombia through the acquisition of Betfair Colombia, gaining a valuable market entry point.\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Stake Acquires Betfair Colombia, Marking Entry into Latin American Market\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Stake, the crypto betting platform, expands into Colombia through the acquisition of Betfair Colombia, gaining a valuable market entry point.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Your Trusted Source for Licensed Online Casino News &amp; Updates\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T22:58:17+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/\",\"url\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/\",\"name\":\"Stake Enters Colombia with Betfair Acquisition\",\"isPartOf\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#website\"},\"datePublished\":\"2024-06-27T22:58:17+00:00\",\"dateModified\":\"2024-06-27T22:58:17+00:00\",\"author\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Stake, the crypto betting platform, expands into Colombia through the acquisition of Betfair Colombia, gaining a valuable market entry point.\",\"breadcrumb\":{\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/2024\/06\/28\/stake-acquires-betfair-colombia-marking-entry-into-latin-american-market\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/ukonlinecasinoslist.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stake Acquires Betfair Colombia, Marking Entry into Latin American Market\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ukonlinecasinoslist.icu\/#website\",\"url\":\"https:\/\/ukonlinecasinoslist.icu\/\",\"name\":\"Your Trusted Source for Licensed Online Casino News &amp; Updates\",\"description\":\"Immerse yourself in the dynamic world of online gambling with the help of our fresh news, honest game reviews, and informative insights. 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