Stake.com has announced its entry into the Colombian market through the acquisition of Betfair Colombia and its licence, which has been approved until 2025.
This marks a significant milestone in the online casino’s expansion strategy in Latin America and its commitment to delivering ‘top-tier entertainment’ to Colombian players.
Brais Pena, Chief Strategy Officer at Easygo – the operating company of Stake.com – commented: “Expanding into the Colombian market is a strategic decision that aligns perfectly with our vision for growth and innovation.
“Colombia’s position as the first regulated market in LatAm, coupled with its stable environment and robust entertainment industry, makes it an ideal destination for Stake’s expansion, with the intention of being one of the dominant players in the market in two years.”