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Stake’s expansion into Italy by acquiring Baldo Line
Stake has furthered its commitment to providing players with top-notch entertainment by acquiring Baldo Line s.r.l.,and Idealbet in the future.
Baldo was formerly a part of the Octavian Group and as a result of this acquisition, players in Italy will have access to innovative gaming options from Stake.
In the future Stake plans to acquire also Idealbet, to support its global expansion efforts and strengthen its market position.
Idealbet’s history combined with the vast Italian market, creates a solid base for progress. Additionally, Stake will set up an Italian office that will not only allow for an expansion of its workforce but also enable Idealbet to keep operating under its name.
Chief Strategy Officer at Easygo, Brais Pena said:
“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.”
Chief Executive Office at Octavian, Simone Pachera, said:
“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.”
Since 2017, Stake has been introducing innovative gaming options for its players by keeping gambling fun and safe at the same time.
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