Sports News
| Published On Jan 9, 2025 12:24 am CET | By iGaming Team

Kambi Partners With Stake for Sportsbook Launch in Brazil

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Kambi Group has partnered with Stake to provide its advanced online turnkey sportsbook solution in Brazil, following the legalization of the country’s sports betting market earlier this year. This collaboration marks a key step for both companies as they aim to establish a strong presence in the newly regulated market while planning future expansion into additional territories.

Brazil legalized its sportsbook and online gaming market at the beginning of 2025 after significant government discussions in 2024. The fixed-odds ordinance confirmed 68 online gaming licenses and 67 sports betting licenses, prompting several operators to launch their services. Kambi’s partnership with Stake positions the companies to capitalize on this rapidly growing market.

Kambi’s sportsbook solution offers operators a comprehensive package, including customizable products and data-driven odds and risk management. The platform is currently live in more than 50 jurisdictions and is used by over 40 operators globally, making it a trusted partner for businesses entering regulated markets.

Leaders Share Their Vision

Werner Becher, CEO of Kambi, highlighted the importance of this collaboration:

“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.”

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Easygo Chief Strategy Officer Brais Pena Sanchez expressed similar enthusiasm, emphasizing the importance of entering the Brazilian market:

“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.”