In this interview with Andrew Geoghegan on Ausbiz, Tom Waterhouse discusses Stake’s newest ambassador, Australia’s presence throughout the largest crypto operators, and finally covers the recent news of wagering juggernaut Bet365 possibly being for sale, including the avenues Denise Coates could explore regarding a potential sale.
Stake has added the most famous jockey in the world, Frankie Dettori, to their already impressive list of ambassadors. This announcement, along with Stake’s recent partnership with technology provider Racing and Sports, illustrates a focus on racing by Stake, making them pioneers in the crypto casino and sportsbook industry.
Tom highlights Stake’s innovation, emphasizing their unique user experience, deposit functionality across multiple cryptocurrencies, the use of influencers, and most notably the creation of their own streaming platform, Kick, which was created after they were banned from advertising on Twitch.
Last week, news broke of a potential sale of wagering pioneer and giant bet365, pioneers in online wagering especially in the in-play and technology space. Tom and Andrew discuss potential options for a sale, who could buy Bet365, and the likelihood of private equity, an IPO or a U.S buyer entering the frame.