// Workers AI · dad joke modeWhat did the stake say? "I'm invested
 | |
| Industry | Gambling |
|---|---|
| Founded | 2017 |
| Headquarters | |
Key people | Mladen Vučković (CEO)[1] |
| Website | stake |
Stake is an Australian-Curaçaoan online casino. It is operated by Medium Rare N.V., a company incorporated in Curaçao where it holds an online casino licence.[2]
History
[edit]In 2016, Ed Craven and Bijan Tehrani established Easygo, a company which developed games for online casinos.[2] The two helped create Stake.com, which was founded in 2017.[2] They also sponsored formula one team Alfa Romeo in 2023 and Sauber in 2024 and 2025.[3] The company partnered with UFC to become an "official betting partner" in 2022.[4]
Offerings
[edit]Stake.com has become the biggest online Casino in the world and offers traditional casino games (such as slots, blackjack and roulette with or without live dealers).[2] as well as sports betting and poker.[2][5][6]
Users on Stake.com typically do not deal with traditional currencies, instead they deposit and withdraw cryptocurrencies to and from their betting account.[2] Account balances can be withdrawn in the equivalent value of cryptocurrency and then deposited back into the user's personal cryptocurrency wallet.[2] Users of Stake.com's UK site deal only in fiat currency.[7]
Licenses
[edit]In December 2021, Stake.com launched in the UK in partnership with TGP Europe.[7] In 2023, Stake acquired Betfair Colombia[8] After buying Idealbet in Italy in 2024[9], Peru was also launched by securing a license there[10]. The expansion accelerated in 2025 when Stake got licensed in Brazil[11] and bought Mocinoplay in Denmark[12]. In the first half of 2026, Stake has already added Greenland[13] and Mexico.[14]
Legal issues
[edit]In April 2026, lawsuits alleging that Stake targeted children with gambling advertisements were filed in New York and Florida.[15][16][1]
See also
[edit]References
[edit]- 1 2 Fletcher, Robert (10 February 2022). "Stake.com extends UFC LatAm partnership to cover Brazil". iGaming Business. Retrieved 27 April 2022.
- 1 2 3 4 5 6 7 Danckert, Sarah (10 December 2021). "The secret Australian origins of the world's biggest crypto casino". The Sydney Morning Herald. Retrieved 25 April 2022.
- ↑ "Sauber to run under Stake F1 Team name in 2024-25". www.motorsport.com. 8 July 2026.
- ↑ O’Connor, Laura (5 July 2026). "Fake Accounts Crying Jackpot Are Selling the iGambling Dream". Jacobin. Retrieved 10 July 2026.
- ↑ Danckert, Sarah (17 March 2022). "Australian casino donates to Ukraine but questions remain over Russian gamblers". The Sydney Morning Herald. Retrieved 25 April 2022.
- ↑ Hampton, Adam (11 September 2024). "New online poker product launched at Stake.com". www.poker.org. Retrieved 31 May 2026.
- 1 2 Orme-Claye, Ted (17 December 2021). "Stake.com commences UK sports betting and casino operations". SBC News. Retrieved 25 April 2022.
- ↑ Brown, Nick (9 November 2023). "Stake acquires Betfair Colombia". iGB. Retrieved 31 May 2026.
- ↑ O'Brien, Bren (31 July 2024). "Italy move ideal for ambitious Aussie-owned Stake.com". The Straight. Retrieved 31 May 2026.
- ↑ Crowley, Stuart (19 August 2024). "Stake secures licence in Peru, launches online casino and sportsbook". NEXT.io. Retrieved 31 May 2026.
- ↑ Vinicius, Luiz (6 January 2025). "Stake becomes a force in Brazil with new license and announces country manager". iGaming Brazil (in Brazilian Portuguese). Retrieved 31 May 2026.
- ↑ Fletcher, Robert (13 January 2025). "Stake eyes Denmark move with MocinoPlay acquisition". iGB. Retrieved 31 May 2026.
- ↑ Arngrímsson, Ingi Thor (16 April 2026). "Stake is Now Live in Greenland—But It's More Than Just a PR Stunt". iGamingToday.com - News, insights and Slots review. Retrieved 31 May 2026.
- ↑ Goldsmith, Kyle (5 May 2026). "Stake enters Mexico ahead of World Cup as LatAm expansion gathers pace". iGB. Retrieved 31 May 2026.
- ↑ Levi, Melanie (15 April 2026). "Pensacola law firm files first-ever underage gambling complaint against Stake.com". WEAR. Retrieved 10 July 2026.
- ↑ "'The Next Addiction Crisis'?: Stake.com and Coinbase Accused in Complaint of Luring Minors Into Online Gambling". Law.com. Retrieved 10 July 2026.