{"id":243,"date":"2024-06-25T17:58:39","date_gmt":"2024-06-25T14:58:39","guid":{"rendered":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/"},"modified":"2024-06-25T17:58:39","modified_gmt":"2024-06-25T14:58:39","slug":"stake-acquires-betfair-colombia-expanding-into-latin-america","status":"publish","type":"post","link":"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/","title":{"rendered":"Stake Acquires Betfair Colombia, Expanding into Latin America"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\" src=\"https:\/\/www.youtube.com\/embed\/-mJjlTNRqYM\" frameborder=\"0\" allowfullscreen><br>\n<\/iframe><\/p>\n<p>The cryptocurrency wagering and gaming enterprise, Stake, has acquired Betfair Colombia, securing a presence in the Colombian marketplace. This move is strategically sound for Stake, enabling them to broaden their operations into a regulated market within Latin America. They intend to utilize Colombia as a foundation for further expansion across the region. The license obtained from Betfair is valid until 2025.<\/p>\n<p>Stake\u2019s Chief Strategy Officer, Brais Pena, declared that Colombia\u2019s standing as the initial regulated market in Latin America makes it an optimal location for growth. They aspire to become a prominent participant in the Colombian market within a two-year timeframe. <\/p>\n<p>Colombia has witnessed a burgeoning market for online gambling since the government initiated regulation of the industry in 2017. Coljuegos, the Colombian regulatory body, has issued over 20 licenses since then and collected over $140 million in taxes from January to August 2023. This signifies a 16.7% increase from the preceding year. <\/p>\n<p>Outside of Colombia, Stake has gained access to markets in Mexico and Paraguay through collaborations with local businesses, and has expressed interest in future regulated markets in Peru and Brazil.<\/p>\n<p>In recent years, the company has also formed partnerships with several brand ambassadors throughout the Americas. These include Argentine soccer legend Sergio Ag\u00fcero, rapper Drake, and the Alfa Romeo Formula One team.<\/p>\n<p>Since 2021, Stake has been the official Latin American betting partner of the Ultimate Fighting Championship (UFC).<\/p>\n<p>\u201cWe believe the Colombian market is a crucial starting point for our Latin American expansion,\u201d stated Blaise Pena. \u201cWe are dedicated to making a positive impact on the local economy, encouraging innovation, and providing exceptional entertainment value to our clients.\u201d<\/p>\n<p>Sign up for the iGaming Newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency wagering and gaming enterprise, Stake, has acquired Betfair Colombia, securing a presence in the Colombian marketplace. This move is strategically sound for Stake, enabling them to broaden their operations into a regulated market within Latin America. They intend to utilize Colombia as a foundation for further expansion across the region. The license obtained [&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 Takes Colombia: Betfair Acquisition Expands Reach<\/title>\n<meta name=\"description\" content=\"Stake, the leading crypto gaming platform, expands into Latin America with the acquisition of Betfair Colombia, securing a regulated market foothold.\" 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:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/\" 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, Expanding into Latin America\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Stake, the leading crypto gaming platform, expands into Latin America with the acquisition of Betfair Colombia, securing a regulated market foothold.\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-25T14:58:39+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:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/\",\"name\":\"Stake Takes Colombia: Betfair Acquisition Expands Reach\",\"isPartOf\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\"},\"datePublished\":\"2024-06-25T14:58:39+00:00\",\"dateModified\":\"2024-06-25T14:58:39+00:00\",\"author\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Stake, the leading crypto gaming platform, expands into Latin America with the acquisition of Betfair Colombia, securing a regulated market foothold.\",\"breadcrumb\":{\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/2024\/06\/25\/stake-acquires-betfair-colombia-expanding-into-latin-america\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Stake Acquires Betfair Colombia, Expanding into Latin America\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/#website\",\"url\":\"https:\/\/dreamcasinonodepositbonuscode.icu\/\",\"name\":\"Indulge in a Thrilling Casino Adventure | Licensed &amp; Trusted\",\"description\":\"Discover a world of exciting opportunities in online gambling with our regularly updated news, comprehensive reviews, and expert articles. 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