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Who Owns Stake.com?

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Golam Moktadir
Last Updated on 22/06/2024

Stake.com is the highest-volume online gambling and sports betting website in the world. It has a worldwide presence and delivers the ultimate betting experience. It was founded in 2017 in Australia and has been an enormous success since then. It is a pioneer in providing online gambling and betting experience using cryptocurrencies, which was its unique selling proposition when it was founded. They are now the leaders in the online gambling industry, with gross revenue of more than $2 Billion, according to Financial Times. They provide cutting-edge live gambling experience in more than 200 countries and have processed around 3.7 billion bets since its inception.

This article will discuss the company’s history and how it was started. We will also investigate the founders and the team members of Stake.com and look into their impact on the whole iGaming and cryptocurrency industry.

Stake.com Founders: How it all started?

In 2016, two online gaming enthusiasts met online through an online game. According to the FT, the founders of Stake.com, Ed Craven and Bijan Tehrani, were childhood friends who first connected through the online role-playing game RuneScape. The early Bitcoin-operated dice game fascinated Ed Craven, an Australian entrepreneur, and Bijan Tehrani, an American developer. When they were about 20, they partnered to develop the cryptocurrency dice gaming website Primedice. Later, Ed Craven and Bijan Tehrani founded Easygo, a business that created games for internet casinos, in 2016.

Stake’s beginnings were ultimately built on Primedice, with the new company providing video poker, casino games, and sports betting. In addition to cryptocurrencies like bitcoin, ether, dogecoin, and bitcoin cash, it also accepts fiat currency. The two contributed to the 2017 founding of Stake.com and became the early founders of Stake.com. At this time, Craven is regarded as Australia’s youngest billionaire.

Stake.com is an online gambling and sports betting website initially focused only on crypto gambling. Stake.com is operated and managed by Medium Rare NV, a business with its corporate headquarters in Curaçao and a license to operate an online casino. The company has offices in Serbia, Australia, and Cyprus and employs people worldwide.

CEO of Stake.com

Mladen Vučković is the current CEO of Stake.com and is behind its recent growth in developing countries in Asia and Africa. He is also the CEO of Primedice online gaming which was started by the Stake.com founders.

Why is Stake.com Famous?

Stake.com is a world leader in cryptocurrency gaming and betting, enabling users to wager and get paid in various cryptocurrencies. As a result, any bettor who registers on stake.com has a wager to place.  Stake.com provides practically all gambling games and events for wagering, including:

  • Game of blackjack or roulette at a table
  • Sweet Bonanza is a video slot.
  • Original Stake Monopoly Dice Big Baller
  • Basketball betting
  • UCL wagering
  • Sportsbooks for the Champions League

Everton FC, Alfa Romeo F1, Drake (Canadian Superstar), the FA Cup, and other organizations are officially sponsored by Stake.com. Stake obtained the ability to stream live games for their viewers on their website and mobile application when they secured an agreement with the FA Cup.

Its popularity has increased since 2019 as there was a sudden surge in players during lockdown. These are the reasons why Stake.com became popular:

  • superior gaming experience
  • highest-caliber odds
  • Various opportunities for betting and gambling
  • Sports betting and real-time gaming
  • There are numerous cryptocurrencies accessible.
  • Using cryptocurrencies, withdrawals, and deposits are simple
  • minimal withdrawal fees
  • Offers mobile browser-optimized website for the on-the-go gaming experience
  • Among gamblers worldwide, trust

Conclusion

Stake.com has become a popular name in the iGaming industry due to the features it offers and the sponsorship association. The Stake.com owners, Ed Craven and Bijan Tehrani, and the CEO, Mladen Vučković, are responsible for its exponential growth.

FAQs

Where is the headquarters of Stake.com?

Stake.com is a global, cryptocurrency-based online casino and sportsbook with Curacao as its base of operations.

Is it legal for me to gamble on Stake.com?

Stake.com is accessible practically everywhere globally and authorized to conduct online gambling business in Curacao. However, some counties need access to it. Look at the list of nations where Stake.com is unavailable.

Who is the owner of stake.com?

Stake.com was founded in 2017 by Ed Craven and Bijan Tehrani and operated by Medium Rare NV, a company incorporated in Curacao.

Who is Eddie from Stake.com?

Examining the life and career of Stake and Kick co-founder and crypto tycoon Ed Craven. Eddie is the son of Australian industrialist James Ashley Craven.

What is Stake.com’s net worth?

The net worth of Stake.com is around $4.3 Billion. It has a gross yearly revenue of around $2.5 Billion, making it the 7th largest gambling company in the world.

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