Stake appoints new country manager to lead Italian expansion

Betting and gaming giant Stake has announced the appointment of Fabio Angeli Bufalini as Country Manager for Italy. This move marks a key step in Stake’s strategy to strengthen its presence in the country following its acquisition of IdealBet in July 2024.

Fabio Angeli Bufalini brings extensive experience in the iGaming industry, with a proven track record in scaling multinational ventures and driving growth in competitive markets, Stake said. In his new role, Bufalini will oversee Stake’s operations in Italy, focusing on regulatory compliance, team development, and delivering a localized gaming experience.  

“With many years of experience in the iGaming industry, I am honored to continue this journey with Stake,” said Bufalini. “Leveraging my deep understanding of the market and regulatory environment, I’m excited to establish Stake’s local presence, grow a talented team, and deliver an innovative gaming experience tailored to the Italian market.”  

The is set to deepen Stake’s commitment to its growth ambitions in Italy, which is regarded as a mature market with significant potential. Bufalini's leadership will seek to align Stake’s approach to gaming with the needs of Italian consumers.  

Earlier this week, Stake announced its purchase of Danish operator MocinoPlay, subject to regulatory approval. The move comes as the brand seeks to continue expanding its presence in regulated markets.