Stake has expanded into Italy by acquiring 100% of Baldo Line s.r.l., which includes sports betting and remote gaming operator Idealbet.it. This move aims to enhance Stake’s global reach and strengthen its market position. Following its acquisition of Betfair Colombia in November 2023, Stake continues to grow into new markets. With Idealbet, Stake will offer innovative gaming options to Italian players and establish a local office to ensure a strong presence. Brais Pena, Chief Strategy Officer at Easygo, stated the acquisition aligns with Stake's strategic goals, enhancing its footprint in Italy.
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