Stake is putting boots on the ground in Canada as the online sportsbook and casino operator prepares to subject itself to some local regulations.
'The company's next big foray is to move heavily into regulated spaces,' Stake's new Canadian country manager says.Stake is putting boots on the ground in Canada as the online sportsbook and casino operator prepares to subject itself to some local regulations in Ontario and beyond.
"We are thrilled to welcome Kris Abbott to guide our efforts in Canada," said Brais Pena, chief strategy officer at Easygo, in a press release."His deep understanding of the Canadian market combined with his strategic vision will be important as we navigate regulatory landscapes and strive to deliver exceptional experiences to our customers."“The company's next big foray is to move heavily into regulated spaces,” Abbott told Covers in an interview last week.
But Stake’s Canadian business at the moment is in the “grey” market, as it is not under oversight by provincial gaming regulators . That said, the bookmaker has telegraphed its intentions toA launch this year remains the plan, as Stake is currently unavailable in Canada’s most populous province, which requiresif they want to enter the regulated market. Enter Abbott, who has experience stickhandling the applications and operations of companies seeking to take action in Ontario.
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