Wondering who owns Stake? The answer can be quite complex as there are two brands and multiple companies involved. The main parent company is EasyGo, but the sites are operated by Sweepsteaks Limited, a company established by EasyGo.
There are also two key founders: Ed Craven and Bijan Tehrani, who are the brains behind the Stake empire. Incidentally, if you’re yet to try the Stake.us sweepstakes casino, you can register today using code DEADSPIN to receive an exclusive welcome bonus. This offer includes 560,000 Gold Coins, 55 Stake Cash, and a 5% rakeback on your losses.
Exclusive Stake Originals Games. Impressive live games library. 2,000+ games from Hacksaw Gaming and more. Playthrough: 3x. T&Cs and 21+ apply
If you’ve been wondering who owns Stake.com and Stake.us, the answer is the same. Both the brand names and websites are owned by Ed Craven and Bijan Tehrani. These two entrepreneurs have an interesting back story, as they first met online while playing a game called ‘Runescape’. The pair experimented with Runescape-related gambling products in 2013, before launching EasyGo, a company focused on online casino products.
In 2017, the pair launched Stake.com as an international online casino site. Then in 2022, came the release of Stake.us, which has gone on to be one of the most popular sweepstakes casino sites in the United States. The Stake.us rating is at an all-time high, with hundreds of different gaming options including slot games, live dealers, virtual tables, and more.
One thing you may not know about the owners of Stake is that the pair are also responsible for the online streaming service Kick, which they launched in a bid to compete against Twitch. For a long time, Twitch had been seen as the only viable option for live streamers, but since Kick’s launch in 2022, it has provided a worthy alternative. The platform has been praised for its favorable treatment of content creators, offering a revenue split of 95% or more to the best of them.
Estimating the net worth of the two Stake owners is a fairly difficult task. For both, a lot of their wealth is tied up in the valuation of the Stake brand, as revenues reached over $4.7 billion in 2024. This is not to mention the recent addition of Kick, which would also have a significant valuation if the pair were to sell their shares. However, Forbes currently estimates the net worth of both Ed Craven and Bijan Tehrani to be around $2.8 billion each. The table below outlines some key facts about each owner of Stake Casino:
| Stake owner | Estimated net worth | Source of wealth |
|---|---|---|
| Ed Craven | $2,800,000,000 | Self-made casino entrepreneur |
| Bijan Tehrani | $2,800,000,000 | Self-made casino entrepreneur |
Fans are often led to believe that the popular Canadian rapper Drake owns an ownership share in Stake. This is not true, there has been no official statement or evidence to back the claim that Drake is a part-owner of the Stake empire. However, he is one of the leading brand ambassadors with an estimated $100 million per year sponsorship deal.
Both of the Stake owners believe heavily in the power of marketing and have invested huge amounts into aggressive advertising campaigns. In addition to the Drake partnership, Stake can also be seen working directly with various sports and streaming services. You might see the Stake logo in UFC octagons, on F1 cars, soccer jerseys, and much more. The casino brands are also widely promoted on the Stake owner’s live streaming platform Kick, which was in part a big reason behind the creation of this company.
Stake.us is one of the best sweepstakes casinos in the US and is legally accessible in 37 different states. When creating your Stake.us account with the promo code DEADSPIN you’ll get a huge welcome bonus to get you started. This offer includes 260,000 Gold Coins, 55 Stake Cash, and a 5% rakeback on your losses, which can be used immediately to start exploring the casino’s games. The game selection is impressive, with over 1400 social casino games including slots, live dealers, and virtual tables. These games are also powered by leading software providers like Hacksaw Gaming and NoLimit City.
Furthermore, the casino provides excellent live support, a diverse range of payment methods, impressive security features, and great usability for desktop and mobile users. Plus, with the use of Stake Cash, you may even be able to redeem real prizes with your gameplay winnings if you meet the eligibility requirements. These requirements include having a fully verified account, meeting the 3x playthrough requirement, and accumulating at least 40 eligible Stake Cash.
Exclusive Stake Originals Games. Impressive live games library. 2,000+ games from Hacksaw Gaming and more. Playthrough: 3x. T&Cs and 21+ apply
To summarize, the Stake.us sweepstakes casino is owned by Ed Craven and Bijan Tehrani. The site provides one of the largest free-to-play casino sites in the United States, with sponsors and advertising partnerships all across the world. Additionally, the casino provides a huge collection of social casino games including slots, virtual tables, live dealers, and more. You can register with code DEADSPIN to claim the huge welcome bonus for free today. Just click the link in the promotional banner on this page to get started.
The Stake owner means the person who owns the business. In this case, there are two individuals behind the creation and operation of the Stake brands. The Stake.com and Stake.us sites are both currently owned by Ed Craven and Bijan Tehrani, who operate both via their Sweepsteaks Limited company.
The owners of Stake betting are Ed Craven and Bijan Tehrani. However, it is important to note that sports betting is only available at Stake.com using real money. Stake.us is the sweepstakes casino website available widely across the US and it does not offer any form of sports betting, only sweepstakes casino games are available.
Drake does not own any amount of Stake or its parent companies. He is a paid brand ambassador who receives a yearly fee as part of a sponsorship agreement.
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