Stake offered crypto deposits to Brazilians after betting ban; lawyer warns of licence revocation risk
Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
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03 Licences & marketsEasygo, EveryMatrix, Fantasma Games, Betway, Entain, SkyCity
Department of Internal Affairs, Federal Regional Court of the 3rd Region (TRF-3), Ministry of Finance
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Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
Stake can reach over 45,000 games from more than 360 providers through one integration as it expands in regulated markets.
Auction winners paid NZ$15 million per right yet still need full assessment, leaving operators exposed to capital risk until licences are expected in early 2027.
Stake is blocked in Brazil again, and the court's unfair-edge reasoning suggests rival operators will struggle to win similar interim relief.
Raising the online bet tax from 1% to 5% of each wager, atop the 12% GGR tax, squeezes licensed operators' margins.
Stake can continue operating in Brazil temporarily, subject to restrictions including no new promotions.