By The Weekly Edge desk · · Updated
Stake has obtained a temporary court order allowing it to maintain operations in Brazil, Casino.org News reported. The order gives Stake temporary relief from President Lula's betting ban.
Stake’s temporary court order preserves its ability to operate in Brazil despite the betting ban.
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Eleven selected operators can apply for New Zealand’s 15 available online casino licences following the auction.
Stake’s Alberta licence advances its Canadian debut, but operations remain subject to signing an operating agreement.
Offering betting through Stake.com after the ban could put Stake's licence at risk of revocation.
The proposed tax could affect licensed operators’ profitability and decisions to remain in Peru.
Betway, Stake, Entain and SkyCity can apply for online casino licences after advancing through New Zealand’s first competitive stage.
Operators holding application rights must still complete regulatory assessment before they can receive a licence to operate in New Zealand.