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Stake.com Is Owned by Medium Rare NV
Founded in 2017 by Ed Craven and Bijan Tehrani, both Australian entrepreneurs, Stake operates under Medium Rare NV, registered in Curacao. The company has grown into one of the world’s largest crypto casinos with an estimated $2.6B+ in revenue (2022), major sponsorships including an F1 team and English Premier League clubs, and ownership of the Kick streaming platform.
The Founders
Ed Craven
Co-founder & CEO
Australian entrepreneur and the most publicly visible face of Stake. Craven was involved in crypto ventures before launching Stake and is a key architect of the platform's rapid growth. He is also central to Kick.com, the streaming platform co-owned by Medium Rare NV, and maintains a large social media presence.
Bijan Tehrani
Co-founder & COO
Australian entrepreneur responsible for business operations and strategic partnerships at Stake. Tehrani maintains a lower public profile than Craven but is equally involved in the company's direction, handling the operational infrastructure that has allowed Stake to scale to one of the world's largest crypto casinos.
Company Structure
Stake.com is operated by Medium Rare NV, a company registered in Curacao. The corporate structure encompasses both the Stake casino and the Kick streaming platform under the same parent entity.
- Legal Entity
- Medium Rare NV
- Registration
- Curacao, Netherlands Antilles
- Gaming License
- Curacao eGaming — License No. 8048/JAZ
- Revenue (2022)
- $2.6 billion+ estimated
- Employees
- 1,000+
- Also Operates
- Kick.com streaming platform
Use code
RAKER
Major Partnerships & Sponsorships
Stake has invested heavily in high-profile partnerships across sport and entertainment. These multi-million dollar deals serve as a strong signal of financial stability and corporate legitimacy.
Drake
$100M+ content partnership — gave Stake massive mainstream visibility
Everton FC
English Premier League shirt sponsor — global broadcast reach
Stake F1 Team
Title sponsor of former Alfa Romeo Sauber F1 team, rebranded to Stake F1 Team
UFC
Official betting partner in select regions
Watford FC & Mumbai City FC
Additional football sponsorships extending global footprint
Company Timeline
Stake.com founded by Ed Craven & Bijan Tehrani
Launched as one of the first crypto-native casinos with provably fair originals
Curacao gaming license obtained
Operated under Medium Rare NV, License No. 8048/JAZ
Drake partnership announced
Estimated $100M+ deal, propelling Stake into mainstream awareness
$2.6 billion in revenue
Became one of the largest online casinos by wager volume globally
Stake F1 Team sponsorship — Alfa Romeo Sauber
Multi-year title sponsorship, rebranded to Stake F1 Team in 2023
Kick.com streaming platform launched
Gaming and IRL streaming competitor to Twitch, operated under Medium Rare NV
Everton FC shirt sponsorship
English Premier League — global broadcast visibility across 150+ countries
30+ Stake Originals, 4,600+ total games
Continued platform expansion with Apple Vision Pro app and ongoing growth