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Home Social Casinos Stake.us Review Who Owns Stake? A Closer Look at the Founders and the Company Behind the Brand
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Who Owns Stake? A Closer Look at the Founders and the Company Behind the Brand

Sportsgrid Staff

Host · Writer - Last Updated: 10/24/25

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Would you like to know who owns Stake.us? Well, this popular brand is owned and operated by Sweepsteaks Limited, a company based in Cyprus. Its name makes sense because Stake.us is a sweepstakes casino providing free play.

What’s interesting is that Sweepsteaks Limited has a parent company that also owns the popular Stake.com brand, a regular online casino available in dozens of countries but not in the US. Stay on this page if you want to learn more about Stake.us’ ownership, its connection to Stake.com, and a few other things.

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Stake.us Highlights
  • Wide selection of casino-style games
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  • Mobile-friendly content with easy-to-use website

Stake.us Casino owner

So, Stake.us is operated by a privately owned company from Cyprus called Sweepsteaks Limited. The platform entered the US market on 1 August 2022. Given its reputation from the past, it didn’t take much time for Stake.us to become a hit among US players.

As noted, there are other companies tied to Sweepsteaks Limited, and one of them is Easygo.

Easygo is the parent company behind the original Stake.com brand, launched in 2017.

The Easygo company was established by Ed Craven and Bijan Tehrani, Australian entrepreneurs and billionaires. This means that there’s more than one Stake.us Casino and Stake.com Casino owner.

Stake.com vs Stake.us

When discussing who owns Stake.us, it’s crucial to learn about the difference between the .com and .us variants of this site.
The best way to do that is through a direct Stake.com vs Stake.us comparison.

🌍 Stake.com Overview

For starters, we have Stake.com, the original brand, which was launched in 2017. Today, this is one of the most popular online casinos in the world. Due to strict regulations, US players are unable to use or access Stake.com.

Even though it’s owned by Easygo, the platform is operated by Medium Rare N.V., a Curaçao-based company. The site primarily uses cryptocurrencies for deposits and withdrawals. It operates legally in a few dozen countries, including Canada and Brazil.

Stake.com offers a few thousand casino games, including slots, table games, live dealer games, and instant win games.

🇺🇸 Stake.us Overview

Stake.us is a sweepstakes casino designed for US players. The owners of Stake Casino decided to overcome the legal hurdles in the United States by creating a legal alternative to a real-money casino.

The free-to-play platform is available in 36 US states. And due to legal compliance, it’s operated by Sweepsteaks Limited. Players can use two virtual currencies that hold no real-money value – Gold Coins (GC) and Stake Cash (SC). They cannot deposit or withdraw funds, but they can redeem Stake Cash winnings for cash prizes (in cryptocurrency) or gift cards once they meet specific requirements.

Stake.us gives its users access to over 1,800 fun casino-style games.

Differences

FeatureStake.comStake.us
AvailabilityInternational, including Canada, Brazil, and South Korea. Unavailable in the US.Focused on the United States. Available in 36 states.
ModelReal-money online casino.Sweepstakes casino.
CurrenciesCryptocurrencies and some fiat currencies.Virtual currencies – Gold Coins and Stake Cash.
GamesMore than 3,000 games.More than 1,800 casino-style games.
Redemption/withdrawalDirect cash withdrawals in crypto and fiat currencies.Stake Cash winnings can be redeemed for cash prizes (in cryptocurrency) or gift cards.
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What else do the owners of Stake.us own?

As noted, the Stake.us Casino owners are billionaires, so it’s natural to expect other business ventures from this duo. For example, they own two game development studios. Twist Gaming and Massive help them provide unique and exclusive games at Stake.us.

Easygo, through Craven and Tehrani, also runs Kick. In case you didn’t know, this popular live-streaming platform launched in 2022 as a competitor to Twitch. Unlike Twitch, Kick doesn’t restrict gambling streams. In fact, this is the most popular platform for casino streaming.

How much are Stake.us owners worth?

While I cannot provide precise figures regarding the net worth of Stake.us owners, I can provide estimates. According to Financial Review Rich List, Ed Craven’s net worth will be about 3.15 billion dollars in 2025. This means he increased his wealth by approximately $200 million compared to 2024.

Similar numbers are tied to the other owner of Stake.us. Namely, Bijan Tehrani’s current net worth is estimated to be $ 2.8 billion.

Does Drake have any ownership in Stake.us?

Drake, the famous hip-hop artist, has been part of the brand’s community for several years. He often attends Stake.com events and promotes this brand. In addition, he’s a great fan of casino games and sports betting. However, do take note that Drake is connected to Stake.com, and not the sweepstakes casino (which is Stake.us).

His connection with the traditional online casino has made many people believe that he actually has partial ownership. So, how much of Stake.com does Drake own? The answer is none. There’s no evidence that Drake owns shares or has an equity stake in Stake.com. The only thing that’s official is Stake.com’s partnership with the artist, which is publicly shared on the official website.

Besides Drake, the brand sponsors various teams, athletes, competitions, and celebrities, including Alex Pereira, the Stake F1 Team, Everton Football Club, Caio Borralho, and the Davis Cup.

Is Stake.us a publicly traded company?

No, Stake (including Stake.us and Stake.com) is not a publicly traded company. Both platforms are owned by Easygo, a privately held company based in Melbourne, Australia, as I previously noted. Easygo operates Stake.com through Medium Rare N.V., a Curacao-based company, and Stake.us through Sweepsteaks Limited, a Cyprus-based company.

There are no official statements indicating that Easygo is listed on a stock exchange or that such plans are in place. On the other hand, Easygo holds a 5.01% stake in PointsBet, an Australian-based sportsbook.

What makes Stake.us an attractive option for US sweepstakes players

Even though there’s no Stake.us real-money casino platform, the sweepstakes concept has proven to be a good alternative for US players. Of course, other factors contribute to Stake.us’ popularity in the United States. I’ll discuss the most notable ones below.

Selection of games

For starters, Stake.us is home to a wide range of casino-style games. Registered players can enjoy over 1,800 titles from well-known providers such as Pragmatic Play, Nolimit City, Hacksaw Gaming, and Evolution.

Another great advantage is that you can try various types of games. The slots are the most numerous options, but you can also find a decent number of live dealer games and table games.

Moreover, this sweepstakes platform features Stake Originals and Stake Exclusives. These unique games are created by third-party providers or Stake.us’ in-house team to meet its needs. In other words, they’re available only here.

Bonuses and promotions

Stake.us is often praised for its bonuses and promotions. These deals are easy to claim and include free Gold Coins and Stake Cash. Compared to other sweepstakes casinos, you can expect more generous offers at this sweepstakes casino.

  • Sign-up bonus. New players can claim 560,000 Gold Coins, 56 Stake Cash, and 5% Rakeback once they register their accounts, verify their identity, use our exclusive SPORTSGRID bonus code, and log into their accounts for 30 days in a row. For me, that’s one of the best welcome bonuses in US sweepstakes casinos. Remember that you must use our Stake.us referral code (SPORTSGRID) during registration to get the full bonus.
  • Daily login bonus. Thanks to the daily login bonus, every player can claim 10,000 Gold Coins and 1 Stake Cash. It goes without saying that this deal is available once a day.
  • 50M GC Daily Races. Another popular promotion is the 50 Million Gold Coin Race. It runs daily and provides 5,000 Gold Coins to the top 100 participants. They can climb and enter the leaderboard by simply playing games.
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Prize redemption

The opportunity to redeem Stake Cash winnings for real prizes is another reason why so many players choose Stake.us. Players who meet the requirements can redeem their eligible SC winnings for cash prizes (in cryptocurrency) or gift cards.

To redeem real prizes, you must meet the 3x SC playthrough requirement. Additionally, you must meet the minimum SC redemption amount requirement. You can find more details in our in-depth Stake.us review.

Pros and cons of Stake.us

Pros and Cons
Pros and Cons
  • Owned and operated by a well-established company
  • Operates legally in 36 US states
  • Provides various bonuses
  • SC redemption is limited to cryptocurrencies and gift cards

Conclusion – Stake.us ownership uncovered

Although it’s already no mystery, I’ll once again point out that Stake.us is owned and operated by Ed Craven and Bijan Tehrani through their Sweepsteaks Limited and Easygo companies. These Australian billionaires established Stake.us in 2022, allowing US players to enjoy hundreds of casino-style games on a secure and legal platform.

Additionally, this sweepstakes casino provides impressive bonuses like the sign-up bonus of 560K GC, 56 SC, and 5% Rakeback (register with the SPORTSGRID bonus code). Now that you know who owns Stake.us, I recommend registering and claiming the generous bonus at this free-to-play platform. Visit their website using the links on this page and create your account today!

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Who owns Stake FAQ

👤 Who is the owner of Stake.us?

Stake.us is owned by Sweepsteaks Limited, a company registered in Cyprus under the parent company Easygo, founded by Ed Craven and Bijan Tehrani. Easygo is a well-established Australian company.

✅ Are Stake.us owners reliable?

The owners of Stake.us, through Easygo, have a strong track record in the online gaming sector. That’s one of the reasons why Stake.us has thousands of active users in the United States.

🔍 What’s the difference between Stake.com and Stake.us?

Stake.com is a real-money crypto casino and sportsbook for international users (excluding the US). On the other hand, Stake.us is a sweepstakes casino available for US players, allowing free and fun play using Gold Coins and Sweeps Coins. Both entities are controlled by Easygo, with ultimate ownership by Ed Craven and Bijan Tehrani.

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