The Stake.com owner question leads to two names: Ed Craven and Bijan Tehrani. This duo of Australian entrepreneurs launched the popular online gambling platform in 2017 through their company Easygo. These guys also co-founded Kick in 2022.
The Stake.com platform is operated by Medium Rare NV, which is registered in Curacao, where Stake.com holds an online casino license. The site has a 200% welcome bonus up and running, worth up to $2,000 or currency equivalent for all newcomers who use the bonus code , though individual bonus amounts may vary across different regions.
The Stake.com founder duo of Ed Craven and Bijan Tehrani still runs the show and owns the place. Although the ownership structure is a bit complex, with the real-money Stake.com gambling site operating under Medium Rare NV in Curacao and the sweepstakes US-centered Stake.us platform running under Sweepsteaks Limited, Ed and Bijan still retain operational control. When it comes to other notable positions within the company, we should mention that Mladen Vučković serves as the Stake CEO.
It’s a bit tricky to pin down the exact net worth figures for Craven and Tehrani because their wealth is tied to private companies. Still, Forbes put Ed at $2.8 billion, which gained him the spot No. 1305 on the magazine’s global billionaires list. Bijan is very similar - near-identical, you could say, with $2.77 billion. This brings the combined net worth of the two Stake.com owners to around $5.6 billion.
Back to the Forbes list, it’s interesting that Craven was one of just two self-made under-30 billionaires on the list, alongside Scale AI founder Alexandr Wang. Another interesting tidbit: Ed is also the youngest billionaire in Australia.
The $5b+ empire Stake.com has become today can actually be traced to a fantasy video game, the one and only Runescape. As the current Stake company owners explained in interviews, it all started in 2010, when Ed was just 15; Tehrani was 17. They connected through the game and got banned after developing an in-game casino for players to wager virtual coins on fights.
The next step included launching an actual game in 2013. The game was called Primedice and it operated as a Bitcoin dice game. While successful, Primedice was only a stepping stone towards the launch of the development company Easygo in 2016. The very next year, Stake.com came to be under a Curacao eGaming license. This was around the crypto market and altcoin explosion, so the stars for a crypto gambling site had very much aligned.
The next level-up took place during the COVID lockdowns in 2020. Through clever marketing, Stake.com multiplied its reach simply from sponsored Twitch users streaming their Stake.com activity. The rise was meteoric, with Stake revenues soaring from $100 million to $2b+ in a matter of 24 months.
Twitch’s 2022 ban on gambling streams seemed like a blow, but Ed and Bijan bounced right back by launching their own streaming platform - Kick - which lured top talent away from Twitch with its 95/5 revenue split model.
Before we continue, let’s briefly recap a few key facts about Stake.com.
| Operator | Medium Rare NV |
| Founders | Ed Craven and Bijan Tehrani |
| CEO | Mladen Vučković |
| Registered address | Seru Loraweg 17 B, Curaçao |
| Gross gaming revenue | $4.5b+ per year |
| Number of accounts | 21+ million |
For anyone who asked, "Where is Stake.com legal?", the answer is that the casino operates globally. For the US audience, the team has launched the sweepstakes casino Stake.us, which operates on a different model than classic real-money gambling.
Stake.com is an industry giant, no question. It's a legitimate gambling platform as long as you stick to the official site and steer clear of questionable Stake.com mirror sites. That said, it's not perfect, so let's briefly go through the good and the not-so-good features of the site.
It takes just a few minutes to get things going at Stake.com - here's how to create your account.
Visit Stake.com via the banners on this page.
Click the "Register" button in the top-right corner.
Enter your email address, date of birth, and create a username and password.
Enter the promo code to activate the 200% bonus of up to $2,000 or currency equivalent.
Complete the captcha and agree to the terms of service.
Verify your email. Just click the confirmation link Stake sends you via email.
Fund your account with crypto (Bitcoin or altcoins)
Play online casino games or place sports bets.
Once registered, you're automatically enrolled in the Stake VIP program, and you're free to get down to work towards the Bronze status. Just keep in mind that the exact bonus offers you receive can and do vary across different regions. We recommend you take a look at the banners aón this page to see what you can claim where you live.
The short summary is that Stake.com’s founders and owners are Ed Craven and Bijan Tehrani. We should also mention that the Stake.com platform operates under the Curacao-licensed Medium Rare NV, while the sweepstakes-centred Stake.us platform runs under Sweepsteaks Limited, which is only available in select US states. Ed and Bijan are still in charge, regardless of the subdivision.
If you are thinking about giving Stake.com a go, make sure to use our secure links and banners to land the latest welcome bonus and don’t miss our in-depth Stake.com casino review if you want to learn more about the gambling options available.
Yes, Stake.com is owned by Ed Craven and Bijan Tehrani, the two guys who co-founded the online gambling site in 2017. Ed and Bijan also launched the popular streaming site Kick in 2022.
No. While running under different operators, all Stake ventures, including real-money casino games, the online sports betting platform, and the sweepstakes casino, are owned by the same people: Ed and Bijan.
No, Drake is not the owner of Stake. The musician had advertised the platform intensely, but then had a fallout with the team in 2025. He is not listed as the owner or co-owner of Stake.com and never was.
There are two owners, who are also the casino’s founders: Ed Craven and Bijan Tehrani. Their joint net worth is reported at around $5.6b, almost equally split between the two entrepreneurs.
