"Stake's entry into the Mexican market is a significant milestone, as it positions the operator strategically ahead of the 2026 FIFA World Cup, which Mexico will co-host. The company views this expansion as a natural progression of its existing operations across Latin America, where it has already established a strong presence in Colombia, Brazil, and Peru."
"The Mexican online gaming market is experiencing a transformative phase, with online gaming revenue surpassing land-based gaming for the first time in 2025. This shift underscores the growing acceptance and regulation of online gambling in the country, creating new opportunities for operators like Stake."
Stake officially launched in Mexico on May 4, 2026, operating under a SEGOB permit through a license agreement with Uno Capali. This marks Stake's fourth fully regulated LATAM market, following Colombia, Brazil, and Peru. The launch occurs just five weeks before Mexico co-hosts the 2026 FIFA World Cup. Stake's director emphasized Mexico's importance as a market, while the company continues to expand its regulated operations across Latin America, including partnerships in Brazil and a focus on fiat-currency operations.
Read at news.bitcoin.com
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