Leading online gambling platform Stake.com has acquired a rising crypto casino as part of its ongoing strategy to strengthen its global presence and leadership in the blockchain-based gaming sector. While the name of the acquired platform has not been officially disclosed, industry insiders suggest it is a fast-growing operator with a significant user base in Asia and Latin America.
Stake.com representatives stated that the acquisition is aimed at accelerating the company’s push into Web3 technology and expanding its crypto gaming ecosystem. The move will allow Stake to introduce new features such as smart contract-based games and NFT integrations while further diversifying its entertainment portfolio.
While the financial terms of the deal have not been disclosed, market experts estimate the transaction to be valued between $30 million and $75 million, depending on the acquired platform’s assets and active user metrics.
Link: casino
Stake.com representatives stated that the acquisition is aimed at accelerating the company’s push into Web3 technology and expanding its crypto gaming ecosystem. The move will allow Stake to introduce new features such as smart contract-based games and NFT integrations while further diversifying its entertainment portfolio.
The integration of the new casino into Stake’s ecosystem is expected to be completed in the coming months. Industry analysts predict the deal could intensify competition with platforms like Rollbit and BC.Game, as Stake solidifies its position in the crypto gambling space.
While the financial terms of the deal have not been disclosed, market experts estimate the transaction to be valued between $30 million and $75 million, depending on the acquired platform’s assets and active user metrics.
Link: casino
