What Is Stake.com and Who Owns It
Stake.com is an online crypto casino and sportsbook founded in 2016 by Ed Craven and Bijan Tehrani. The platform operates from Curaçao under a gaming license and is widely known for its influencer marketing and sports sponsorships. Stake.com is owned by Medium Rare NV, a private company registered in Curaçao. Medium Rare NV is the parent entity behind Stake.com, Stake.us, and related gambling brands.
Stake.com is not a publicly traded company, so its exact market capitalization is not available on any stock exchange. The platform is valued based on private funding rounds, revenue estimates, and industry comparisons. In 2022, Stake.com raised funding at a valuation reported by some outlets as high as $5 billion, though this figure has not been independently verified by regulators or financial authorities. Stake.com remains one of the largest privately held online gambling platforms globally.
Stake.com Revenue, Market Position, and User Base
Stake.com generates revenue through sports betting margins, casino house edge, and transaction fees on crypto deposits and withdrawals. The platform has become one of the highest-traffic gambling sites in the world, with millions of active users. Stake.com is a major sponsor of Premier League football clubs, including Everton, West Ham, and Bournemouth, as well as UFC events and esports organizations. These sponsorships reflect its aggressive growth strategy and global brand awareness.
Stake.com competes with established online casinos and sportsbooks such as DraftKings, FanDuel, and Betway. In the crypto-native gambling segment, Stake.com is often ranked among the top platforms by traffic and user engagement. The platform accepts Bitcoin, Ethereum, Litecoin, and other cryptocurrencies for deposits and withdrawals. Stake.com also operates Stake.us, a sweepstakes casino version for users in U.S. states where traditional online gambling is restricted.
Regulatory Status, Safety, and How to Access Stake.com
Stake.com operates under a gaming license issued by the Government of Curaçao. It is not licensed by the UK Gambling Commission, the Malta Gaming Authority, or the New Jersey Division of Gaming Enforcement. Users in the United States, United Kingdom, France, and several other countries are restricted from accessing the real-money version of Stake.com. Stake.us is a separate service designed for U.S. users and operates under a different legal framework using sweepstakes mechanics.
Stake.com uses provably fair algorithms for its casino games and supports responsible gambling tools such as deposit limits and self-exclusion. The platform stores most user funds in cold wallets and uses multi-signature security protocols. For detailed regulatory information, users can review the Curaçao licensing framework on the official government website. Additional information about online gambling regulations is available through the Forbes gambling regulation guide and the SEC website for broader financial context.