Categories: Cryptocurrency

Crypto Casino Operator Stake Partners with Pragmatic Play

Pragmatic Play, prominent iGaming content supplier, said on Tuesday that it has collaborated with Live Casino operator Stake to create a purpose-built dedicated studio.

The news about the gambling content provider Pragmatic Play allying with Stake casinos surfaced on Tuesday. The two firms are planning to deliver on their plan for a “purpose-built dedicated studio.” As per the plan, the content provider will build an online live casino to operate under Stake branding with cryptocurrency support.

Recent times have witnessed demand skyrocketing for live casinos and cryptocurrencies in the iGaming sector. Various suppliers and operators have been trying to exploit this demand on their end. Pragmatic Play and Stake Casinos have joined this list recently with a live casino venture.

The two firms are planning to build a 12-table live casino to bring an immersive experience to iGaming enthusiasts. The live casino will operate under the Stake branding to bring the business to its client base and communities across the globe. 

Among the twelve tables, ten will be reserved exclusively for blackjack. Roulette and speed baccarat will each receive one of the remaining two tables. Pragmatic Play’s new partnership with Stake, in effect, is similar to the content provider’s studio agreements with other operators like 1xbet, 888, Mansion, and Kindred. 

However, as much of Stake’s popularity rests on cryptocurrency casinos and sportsbooks, the casino is likely to extend similar services here as well. It is yet to be known if users will have access to Bitcoin and Ethereum gambling at the new live casino. Reports also suggest the possibility of services extending to several altcoins other than the legacy tokens.

Stake is a community-driven betting platform that has given groundbreaking results in the iGaming sector in recent years. The casino has already captured a large portion of important iGaming markets such as Canada and Brazil since its inception in 2017. Pragmatic Play’s Chief Business Development Officer Yossi Barzely believes that the new live casino will carry everything to substantiate the Stake branding.

Launched in 2015, Pragmatic Play has become the industry-leading iGaming content provider in less than a decade. The firm already has a large portfolio with numerous Live Casino and Bingo games. Operators can access every single game in this portfolio through a single, unified API. Not only that, the supplier launches up to six new slot titles every month with exciting gameplay.

Statements from Edward Craven, Co-founder of Stake, announced that the content provider meets the expectations of the Casino with its commitment. However, it is not just the commitment the agreement is signed with. Pragmatic Play has also successfully pulled off its studio deals with other brands in the regulated market around the world.

So, Stake believes that this partnership with Pragmatic Play will help bring the unique features and capabilities of the casino to a larger market.

David Lehman

David Lehman is an avid trader but from last two years, he works in cryptocurrency news sites. He recently joined our CryptoHinge team as a lead news editor. He regularly shares his insights on technical analysis and investment strategies in cryptos and forex. he has been following crypto world from 2012.

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