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Stake Expands into Italy with Acquisition of Idealbet, Enhancing Global Presence!

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Stake Expands into Italy with Acquisition of Idealbet, Enhancing Global Presence!
Stake has made a significant move into the Italian market by acquiring Idealbet, solidifying its presence in the region!

The acquisition, which involved Stake purchasing 100% of Baldo Line from the Octavian Group, enables Stake to tap into Italy's established gaming sector. Idealbet, now part of Stake’s portfolio, will continue to operate under its original brand, but with the backing and resources of Stake.

This strategic acquisition not only expands Stake’s global footprint but also aligns with its ambitions to strengthen its presence in key markets. Brais Pena, Chief Strategy Officer of Easygo, the organization behind Stake, highlighted the importance of this move: “This acquisition aligns with our strategic ambitions to increase our global footprint, particularly in an established region like Italy, and marks a significant milestone for Stake. We’re thrilled to work with Idealbet to provide the best experience for our customers.”

Simone Pachera, CEO of Octavian, expressed optimism about the partnership with Stake. “We’re excited to collaborate with Stake and usher in a new experience for our customers, further expanding the market in Italy. Since acquiring Baldo Line, we have built a strong foundation for Idealbet through our AGP gaming platform and HubCasino aggregator. Now, we are thrilled to transition operations to Stake, a globally renowned brand with a proven track record of delivering exceptional player experience. We are confident that Stake will significantly enhance the growth of Idealbet and bring renewed energy to our players, as well as the entire Italian online gaming market.”

This development follows other notable expansions in the region, such as Wazdan’s recent partnership with SKS365 to boost its presence in Italy. Stake’s move into Italy is poised to elevate the local gaming landscape, leveraging its global expertise to enhance customer experiences and drive growth in the Italian market. The opening of a new office in Italy will further cement Stake’s local presence, facilitating deeper engagement with the Italian gaming community.

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