Racing and Sports Technology Holdings (RAS) has announced a new partnership with Stake.com, a major online casino and sportsbook. The two-year deal, with an option for a one-year renewal, will see Stake benefit from RAS’s innovative horse racing solution. The partnership is set to begin when Stake launches its racing offering in the first quarter of the year.
Stake will have access to RAS’s market-leading racing data and a wide range of content that can be translated into different languages, making it suitable for numerous global markets. The partnership’s remuneration model is structured around a percentage of the net gaming revenue generated through Stake.com’s racing offer.
Jarrod Febbraio, Stake’s commercial director, expressed excitement about the partnership, stating that they are eager to go live on the platform and offer additional options for customers to explore. Similarly, Stephen Crispe, RAS’s CEO, highlighted the company’s strong position within the global iGaming vertical and how the partnership with Stake will elevate their offering.
In December, Stake announced a partnership with TG Lab, giving them access to the regulated gambling market in Colombia. Currently, Stake’s platform supports more than 25 currencies, including cryptocurrencies.
Overall, the partnership aims to strengthen Stake’s presence in the betting and racing industries, with RAS providing cutting-edge technology and odds to enhance their offering. This collaboration has generated excitement among both companies, as they look forward to the opportunities it will bring.