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Best Sportsbooks US / Stake.us Review / Who Owns Stake.us? Everything You Need to Know About Stake Ownership in 2025

Who Owns Stake.us? Everything You Need to Know About Stake Ownership in 2025

Last Updated on 11/04/2025
Fact checked by: Peter

Stake.us is a top rated sweepstakes casino that operates in 37 out of 50 states in the US. Before you join the many players who have already registered, nobody would blame you for being curious about who owns Stake.us.

The good news here is that Stake.us is totally transparent about its ownership, and how it operates, so players can join with confidence. I’ll cover all the details about the owner of Stake.us so you’ll have no worries about whether it’s safe to register and claim the 55 Stake Cash, 260K Gold Coins and 5% Rakeback welcome bonus.

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Stake.us Highlights
  • Exclusive promo code: PROMOBOY
  • Stake Originals including Hilo and Crash!
  • Sweepstakes casino approved by Drake!

Pros and cons of the Stake.us ownership structure

  • Transparency from owners
  • Builds trust with players
  • Partnerships with stars
  • Confusion about different platforms
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Why is it important to know who is the owner of Stake?

If you are just going to a website, either on your laptop or using the browser on your phone to play some slots or table games - why does it matter who owns the website? The answer here is simple - transparency and trust. It’s this as much as the bonus offer and promotions that have contributed to the success of Stake.us worldwide in all its different forms. In this short guide I’ll take a dive into the people behind Stake.us, and the connections and partnerships they have made since 2017 that has turned Stake.us into one of the biggest sweepstakes platforms around.

Why transparency and trust is key

As you will have seen in our main Stake.us review, Stake.us requires your personal details when you register to ensure you meet the player requirements, and it might even have a payment method on record if you have purchased a GC package. If you had no idea who was behind Stake.us in its various forms - you probably wouldn’t be keen to part with any of that information or cash, and nobody would blame you. As it turns out, the people behind Stake.us are totally transparent about the companies that run the platforms, and even the two men that founded the whole empire.

Who owns Stake.us - Fast facts

Here’s a summary of all the publicly-available information about the ownership of Stake.us.

Stake.us owned bySweepsteaks Limited
LaunchedAugust 1st 2022
Reg no.HE436222
Address28 Oktovriou,
313 Omrania BLD,
Limassol,
CY-3105,
Cyprus
Contactsupport@stake.us
partners@stake.us
press@stake.us

Available inContinental US and Hawaii with the exception of:

  • Washington
  • New York
  • Nevada
  • Idaho
  • Kentucky
  • Michigan
  • Vermont
  • New Jersey
  • Delaware
  • West Virginia
  • Pennsylvania
  • Rhode Island
  • Connecticut
  • Stake.us differs from other Stake platforms in that it does not operate using real money, but is free to play and the slots and table games are played with virtual Gold Coins and Stake Cash. These can be initially claimed when you register as you are awarded a welcome bonus of 55 Stake Cash + 260K Gold Coins + 5% rakeback if you use code PROMOBOY when sign-up. Since Stake.us is a sweepstakes casino, it doesn’t allow deposits, and thus a Stake.us no deposit bonus does not exist. You can only get this free welcome bonus.

    Once you are set up and know how to login at Stake.us, you can also claim the daily bonus of 10K Gold Coins and 1 Stake Cash every 24 hrs to keep your balance topped up

    Who are the Stake founders?

    There is not just one Stake.us owner, as the story begins with two founders - Australian Ed Craven and Bijan Tehrani who met online as teenagers playing Runescape. They first started with Primedice, launched in 2013 then progressed to founding Stake.There is a controversial factor of Runescape called ‘Staking’ which is why their new ventures into real money and free online casinos  are all named Stake. Stake first started with an international site in 2017 owned and operated by Medium Rare NV. This iteration of Stake has a Curacao license which might not be the gold standard of casino licenses but allows it to operate in many countries worldwide.

    This type of licence, however, did not allow them to operate in the UK or the US. As a result the UK has its own version of Stake called Stake.co.uk, and in 2022 a sweepstakes version launched in the US  - Stake.us. Here you can play for free using virtual currencies, and there is still the chance of real world prizes by redeeming your SC when certain conditions are met. As you would expect, this combination of sites and set-ups was very successful and means that Ed Craven, Stake.us owner has a net worth of $2.8B according to Forbes on 03/24/2025.

    Does Stake.us own kick?

    As you can see Stake.us has grown at a rapid rate since it was founded, and part of the amazing growth of the main Stake.us platform was the involvement of Twitch streamers. This was at its most prevalent during the pandemic and shortly afterwards, where content of slot and table gameplay made livestreamers millions and increased the revenue of Stake.us at the same. This relationship with Twitch did not last in the long term with the Stake.us owners, meaning that they had to find another solution to keep this lucrative part of the business thriving. This led to them launching their own competing livestream service, Kick. This is owned by Stake, and is used by livestreamers playing games like Stake.us Diamonds for their followers and partners like Drake for exclusive content.

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    Stake.us partnerships

    All versions of Stake are big on the partnerships they have with celebrities and sporting teams around the world. Top of that list is Drake, and he is often thought by many to be an owner of Stake casino. While the answer to the question "how much of Stake does Drake own?" may not be known, he is paid around £100M a year to work with Stake, after joining and falling in love with the platform then starting the current relationship. His activity has included livestreaming his onsite activities, huge giveaways and other exclusive content.

    Stake also has sponsorship deals with

    • F1 Team
    • The Davis Cup
    • Soccer clubs including Everton FC and FBC Melgar
    • UFC and fighters like Caio Borralho

    These partnerships continue to raise the profile of Stake and especially Stake.us around the world, boosted by the fact that it is easy to discover who is behind it all, building trust even further. You can also see content from Stake.us partners on their various social media accounts, providing more business for Stake.us and increasing the fortunes of the people behind it all.

    Conclusion - Full transparency makes it easy to find who owns Stake.us

    There is always some doubt before you join a casino about whether or not it is legit and you can trust it with your details and data. Knowing who the Stake.us casino owner is can go a long way to build trust, whether you are signing up with the international site, the UK based platform or the top rated sweepstakes casino here in the US. Now you have the inside track on the people behind the whole thing, including the generous Stake.us welcome bonus of 55 Stake Cash + 260K Gold Coins + 5% Rakeback, you can sign up with confidence using the links on this page as soon as you are ready.

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    Who owns Stake.us FAQs

    🏢 Who owns Stake.us casino?

    Stake casino comes in different forms and is owned by different companies. Stake.us is owned and operated by Sweepsteaks Limited - with the pun entirely intended. The founders are Ed Craven and Bijan Tehrani who launched an international platform in 2017, and the US version in 2022.

    🎤 Does Drake own Stake?

    Details are unclear as to whether Drake has a percentage share in Stake, but he certainly does not own it outright. Instead he has a partnership that gets him a $100 million annual payment while he provides exclusive events and giveaways.

    💼 Who owns Stake betting?

    Sportsbooks at the various versions of Stake around the world are all part of the casino they share a platform with - so the international betting is owned and operated by Medium Rare NV. There is no current sportsbook at Stake.us.

    💰 Can you play for real money at Stake.us?

    While you can play for real money at Stake.com and Stake.co.uk, you play at Stake.us using virtual currencies. However, when certain conditions are met, you can still redeem Stake Cash for real world prizes.

    🤝 Who does Stake.us have partnerships with?

    The most famous Stake.us partner is Drake, who has a deal worth $100 million a year. However, you will also see Stake.us on the shirts of many soccer teams including EPL club Everton FC, as well as FBC Melgar and Ñublense.

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