Renowned online gambling operator Stake officially launched in Mexico on Monday.
The company confirmed in a release that its stake.mx sites will operate with a permit under the regulatory oversight of SEGOB (the Mexican Ministry of Interior), acting as an agent under the licensing agreement of intermediary firm Uno Capali.
Stake said the set-up ensures compliance with local regulatory requirements while enabling it to establish a scalable and locally aligned presence and expand its regulated presence in the Americas. Stake already operates in Latin American markets including Brazil, Colombia and Peru.
