Stake is owned and operated by Medium Rare N.V., a company incorporated in Curaçao, under Curaçao Gaming Authority license OGL/2024/1451/0918.
Unlike many crypto casinos, the people behind Stake aren’t hidden behind nominee directors or shifting shell companies — the founders are named, public, and easy to verify.
Australian entrepreneurs Ed Craven and Bijan Tehrani built Primedice, a Bitcoin dice game, years before Stake existed — their first venture together in crypto gambling.
Craven and Tehrani established Easygo Entertainment Pty Ltd in Melbourne, Australia, a company developing games for online casinos. Easygo is 100% owned by the two founders, 50/50.
Craven and Tehrani co-founded and launched Stake.com through Easygo, operated by the newly established Medium Rare N.V. in Curaçao.
Stake expanded beyond casino games into sports betting.
Stake launched in the UK market in partnership with TGP Europe. [Worth checking current status — Stake’s own site restricts UK players today, so this arrangement appears to have since ended; confirm before publishing.]
A separate, US-facing sweepstakes-style version launched to serve American players within the sweepstakes-casino model, distinct from the main Stake.com brand and license.
Ed Craven and Bijan Tehrani co-founded Kick, a live-streaming platform owned by Kick Streaming Pty Ltd under Easygo Entertainment Pty Ltd. This answers the common question of who owns Kick.com.
A federal judge in Manhattan dismissed a $580 million lawsuit against Stake.com on jurisdictional grounds.
Approximately $41 million was stolen from one of Stake’s Ethereum wallets in a hack attributed to North Korea’s Lazarus Group. [Worth a brief, honest mention — this is a real, publicly documented security incident, similar in spirit to what we found and disclosed with Winna, though at a different scale and with clearer attribution.]
Stake is owned by Ed Craven and Bijan Tehrani through Easygo, operated by Medium Rare N.V. under Curaçao Gaming Authority license OGL/2024/1451/0918.
No — and this is a real structural difference from BitStarz, mBit, 7Bit, and every other brand in this “who owns” series. Stake was built on proprietary, in-house technology from the start, not a third-party platform like SoftSwiss. There’s no equivalent of “other casino brands running on Stake’s backend” the way mBit and 7Bit both run on SoftSwiss.
What Stake does have is narrower and different in kind: Stake Engine, launched to third-party developers in May 2025, is a Remote Gaming Server that lets outside game studios build individual games using Stake’s infrastructure — in exchange for a 10% gross-gaming-revenue royalty. Confirmed studios building on it include Massive Studios, Titan Gaming, and Twist Gaming.
But critically, those games appear exclusively on Stake’s own properties (stake.com and stake.us) — they don’t get deployed across other, independently-branded casinos the way SoftSwiss-powered games appear simultaneously on dozens of unrelated sites. It’s closer to an app store model, where outside developers build content for a single platform, than to a white-label model, where outside operators launch competing casinos on shared infrastructure.
The best-sourced answer is no. One detailed source states it directly: “Stake has no sister sites – it is the sole brand operated by Medium Rare N.V.,” explicitly contrasting this with multi-brand groups like Dama N.V. (40+ brands) — Medium Rare deliberately concentrated everything into one platform instead. [One lower-quality source claims “FusionBets” as a Stake sister site with no supporting evidence — given the pattern of unverified claims we’ve caught repeatedly in sister-site trackers this session, this looks like the same kind of unreliable claim, not a real finding.]
What does exist, and is worth distinguishing from a genuine third-party sister site: Stake’s own regional extensions of itself — stake.us (US, run by a separate Cyprus entity, Sweepsteaks Limited, specifically for sweepstakes-model compliance), plus stake.com.co, stake.mx, stake.pe, and stake.bet.br for Colombia, Mexico, Peru, and Brazil. These are Stake building its own localized versions, same ultimate ownership throughout — not independent brands sharing a license the way mBit/7Bit/Mirax do.
One more honest data point, not a sister site either: Easygo holds a 5.01% minority stake in PointsBet, an Australian sportsbook — real and disclosed, but a minority investment, not an owned brand.
Every other “who owns” piece in this series has involved some combination of nominee directors, shell company churn, or bankruptcy. Stake doesn’t have that problem — Craven and Tehrani are named, public figures (Forbes-listed billionaires, both around $2.8 billion net worth as of 2025), and the ownership chain from Primedice through Easygo to Medium Rare N.V. is consistent across independent sources rather than contested. Ed Craven is also a public co-owner of the Sauber Formula 1 team — a real, separate, verifiable business interest, not something hidden.
One interesting distinction worth including: at least one source names a separate CEO, Mladen Vučković, distinct from the founder-owners. That’s a clean, genuine example of “named executive” and “confirmed beneficial owner” being two different, both-verifiable things — unlike BitStarz ownership, where we couldn’t confirm either.
Want to learn more about Stake? Read our Stake review.
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