TG Lab enters Brazilian market with Stake partnership
This deal marks the third collaboration between TG Lab and Stake, following successful market entries in Colombia and Peru in 2024.Key points:
- TG Lab enters the Brazilian market as a platform provider for Stake, marking their third market collaboration
- The partnership leverages the recent SysGaming acquisition to provide localised content and support
TG Lab has announced its entry into the Brazilian regulated market through a partnership with Stake. The collaboration marks TG Lab's third market launch with Stake, following deployments in Colombia and Peru during 2024.
The platform provider will deliver its omnichannel solution to Stake, including front-end development and custom mobile applications.
The expansion is bolstered by TG Lab's recent acquisition of SysGaming, a Brazilian platform provider and game studio, enabling localised content delivery and support in Portuguese.
TG Lab's entry into Brazil follows a year of expansion for the company, entering six new regulated markets in the last 12 months – including Argentina, Colombia, Peru, Paraguay and Kazakhstan.
Good to know: TG Lab recently secured licensing from Ontario's Alcohol and Gaming Commission, signalling its intentions to expand into North American markets in the near future
Commenting on the new deal with Stake, TG Lab’s CEO Ugnius Simelionis stated: “Stake is a true powerhouse of the gambling industry, having become a household name around the world. Our track record of success with them across LatAm is the reason why they have chosen us to take the brand live in Brazil.
“TG Lab has ambitious plans to make big moves across Latin America – and Brazil presents the perfect opportunity for us to showcase how we offer the best localised B2B product on the market.”
The partnership coincides with Stake's recent appointment of Thomas Carvalhaes as Brazil Country Manager and the operator's receipt of regulatory approval for casino and sportsbook operations in Brazil.
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