Key points:
- Stake's sportsbook in Brazil will operate using Kambi's turnkey sportsbook solution
- The move follows the regulation of Brazil's market at the start of 2025
Kambi will supply Stake with its online turnkey sportsbook solution, following its launch in the recently regulated Brazilian market.
The partnership is expected to expand into several other selected markets.
Kambi’s turnkey sportsbook is utilised by over 40 operators globally. It is live in over 50 jurisdictions and provides a range products that can be selected based on the needs of the operator, including odds and risk management data pulled from the supplier’s network.
Kambi CEO Werner Becher 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.”
Easygo Chief Strategy Officer Brais Pena Sanchez 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.”
Good to know: Stake was founded in 2017 and is part of Easygo group
Brazil’s sportsbook and online gaming market became legal and regulated at the start of this year, following government discussions in 2024. The fixed-odds ordinance reported that 68 online and 67 sports betting licenses had been confirmed, with reports from several operators since the start of the year confirming their launch in the nation.
Alongside Stake, Bragg Gaming, Paysafe and Meridianbet have announced their acquisition of Brazilian licenses, while operators such have Lanistar will acquire a license pending approval.
This is not the first LatAm market Stake has entered, however. In May Stake launched in Colombia and in August received a license in Peru.
