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Stake.com

Stake.com

Overview Stake.com is a cryptocurrency-based online gambling platform operated by Medium Rare N.V., a company incorporated in Curaçao. The site offers casino-style games (slots, blackjack, roulette, etc.) and sports betting, with many users transacting in cryptocurrencies. Stake also operates regional sites and branding (e.g., stake.bet.br, stake.com.co) under local licenses where permitted. Medium Rare N.V. holds a Curaçao license from the Curaçao Gaming Authority (license number OGL/2024/1451/0918). (stake.com)

Organization and history

  • Founding and ownership: Stake was founded in 2017 by Ed Craven and Bijan Tehrani. The venture originated from their earlier collaboration on EasyGo, a gaming software developer, and evolved into a large crypto-enabled betting platform. Craven is commonly cited as a co-founder and executive, with Tehrani also identified as a co-founder. (en.wikipedia.org)
  • Corporate structure: Stake operates as Medium Rare N.V. (registered in Curaçao) and licenses its online casino operations through that entity. In addition to stake.com, the company has used related entities (and local partners) to offer services in various jurisdictions. (stake.com)
  • Global footprint: Stake has offices and operations associated with multiple regions, including Europe, Australia, and the Americas, and it maintains a presence in markets where crypto-gambling products are popular and/or accessible. (en.wikipedia.org)

Products and services

  • Offerings: Stake.com provides online casino games (slots, table games, live dealer options) and sports betting. The platform is known for cryptocurrency-based account funding and withdrawals, with fiat options and localized site variants in some regions. (stake.com)
  • Customer experience: The site emphasizes rapid withdrawals and crypto-centric transactions, with some markets operating fiat-enabled interfaces or separate regional brands. (stake.com)

Regulation and licensing

  • Primary license: Curaçao Gaming Authority license under OGL/2024/1451/0918 for Stake.com, operated by Medium Rare N.V. This license governs online gaming operations conducted via stake.com. (stake.com)
  • Regional licenses: Stake has pursued or claimed compliance with additional regional licenses where applicable (e.g., Brazil and Colombia through local subsidiaries), reflecting a multi-jurisdictional approach to regulation. Details are provided on Stake’s licensing page. (stake.com)

Controversies and regulatory developments

  • United Kingdom and licensing scrutiny: In recent years, Stake faced regulatory attention related to its UK activities and licensing arrangements. Reports and regulatory actions have noted concerns about sports-betting and crypto-gambling licenses in the UK and potential changes to its licensing arrangements. A prominent media report in 2025 described regulatory developments affecting Stake’s UK licensing and its partnerships with sports organisations. (theguardian.com)
  • Public perception and litigation context: Stake has been subject to scrutiny in media outlets regarding advertising practices, marketing partnerships, and the broader regulatory treatment of crypto-gambling platforms in various jurisdictions. As with many operators in this space, coverage and regulatory status can evolve. (theguardian.com)

Notable partnerships and marketing Stake has engaged in partnerships with major sports brands and personalities to expand its visibility in global markets, including association with UFC and various football (soccer) entities. The exact roster and status of partnerships can shift with regulatory and commercial changes. (gamblinginsider.com)

See also

  • Online gambling
  • Cryptocurrency gambling
  • Curaçao Gaming Authority
  • Medium Rare N.V.

References

  • Terms and licenses for Stake.com and related sites, including license details and corporate structure. (stake.com)
  • General corporate and historical context for Stake.com and its founders. (en.wikipedia.org)
  • Regulatory developments and UK licensing coverage affecting Stake, including contemporaneous reporting. (theguardian.com)
  • Cross-market licensing and regional operations (Brazil, Colombia) as described by Stake’s licensing page. (stake.com)

Notes

  • Stake.com is a global brand operated from Curaçao (Medium Rare N.V.) and has pursued regional licensing where possible. The platform’s regulatory status can vary by jurisdiction and is subject to change as authorities update policies around online gambling and crypto-gambling operations. For the most current licensing details, consult Stake’s official licensing page and recent regulator announcements. (stake.com)

If you’d like, I can tailor this to a specific jurisdiction (e.g., UK, Brazil, Colombia) or expand areas such as corporate structure, technology stack, or user protections.

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