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Stake enters Colombia with TG Lab

Stake enters Colombia with TG Lab

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One of the world’s leading crypto casinos and sportsbooks, Stake, has entered the regulated Colombian market powered by platform provider, TG Lab.

The operator has secured the licence and approvals required to make this debut in Colombia via its acquisition of Betfair Colombia and has launched its brand and online casino/sportsbook to players under the Stake.com.co domain.

Stake will use TG Lab’s agile, modular and scalable iGaming and sportsbook platform, as well as its customisable front-end solution and bespoke native mobile app, to deliver a superior experience to players in Colombia as part of its ambition to become the leading gambling brand in the country.

TG Lab had been assessing the fast-growing Latin American market and was waiting to form a partnership with a tier one operator. Stake is the perfect partner, with TG Lab now set to make big moves in the region.

Ugnius Simelionis, TG Lab CEO, says: “Stake is one of the largest gaming operators in the world and we are proud to have been trusted to provide our platform and mobile app solutions for its move into Colombia.

“With our technology powering its online casino and sportsbook and mobile app, and its position as a leading brand, Stake has what it takes to become a true market leader in Colombia.

“The partnership also marks our arrival in Latin America, a region where we have big plans to become the go-to platform provider for operators looking to deliver the best online casino and sports betting experience to players in regulated markets.”

Brais Pena, CSO at Stake, adds: “We have ambitious international expansion plans and have identified the regulated Colombian market as having huge potential for Stake. Of course, we need to enter the market with a strong online casino and sports betting experience, and this meant identifying a premium tech partner.

“In TG Lab we have a proven platform and app provider that knows exactly what it takes to deliver a compelling player experience.”