Sweepsteaks LTD: The company behind stake.us

How does Stake.us work?

Before we tell you about who owns Stake.us, let’s quickly look at how the site works. As you know, it is a sweepstakes casino that offers online casino games, including live games, to players on the site.

There are a few different types of virtual currency that you can use to play on the site. It includes Stake Cash, which is equivalent to Sweeps Coins and can be redeemed for cash prizes when eligible. There are also Gold Coins, which are virtual currencies that have no real monetary value. You can only use GC to play games on the site.

Who owns Stake.us?

Let’s start with the basics. Who owns Stake.us? According to our research:

• Stake.us is owned and operated by a company called Sweepsteaks Limited.
• The company’s headquarters is located in Cyprus and its registered number is HE436222.

Cyprus and Malta have created favorable conditions for many online casinos and sweepstakes casinos, especially, to thrive in the region. With an easy permitting process and less stringent regulations, you will find that many sweepstakes sites have their parent companies in these countries.

When and by whom was Stake established?

Now that you know who owns Stake Casino in the US, you must be wondering, what is the origin story? We went digging and found out a lot of information about when Stake was established and who was behind it.

According to our research, Ed Craven and Bijan Tehrani established Stake a company in 2016, by the name of Easygo. Ed Craven was perhaps the most visionary among the two, and this company was responsible for developing games for online casinos.

In 2017, the two established the parent company of Stake. Since then, Stake has had a meteoric rise in the world of online gaming and Stake.us has emerged as one of the top sweepstakes casinos in the game, thanks to Ed Craven and Bijan Tehrani’s efforts.

The two Stake owners are billionaires now and in fact, Ed Craven is considered one of the youngest Australian billionaires.

• With strategic moves like celebrity endorsements from superstar Drake, the two have ensured that the Stake brand keeps growing and getting bigger.

While on the subject, for those who keep asking us, does Drake own stake, he doesn’t! He is paid a huge fee of $100 million annually to promote Stake and it is possible he has some shares in the company as well. However, he does not have any ownership stake in the company and Drake surely doesn’t own Stake.us.

How does Stake.us rank on trustworthiness and reputation?

Now that we have shed some light on the Stake owners and their origin story, let’s take a look at the industry reputation and trustworthiness of Stake.us. Our experts can confirm that Stake.us has a Trustpilot score of 4.5 out of 5, which is based on ratings from 3.5K+ users.

This is solid proof of the customer satisfaction experience on Stake.us. Usually, when there are so many reviews and a site still manages to get a 4+ review, it is a very good sign.

• This means that people have had an overwhelmingly positive experience with the site and are pleased with the services.

No matter what company is behind Stake.us, you can tell that they are doing a good job with the management of the brand. Also note that the Stake global website brand – Stake.com, is managed by Medium Rare N.V., which is registered in Curacao.

Even though the companies are part of the same reputed conglomerate, the management of Stake.com is different from that of Stake.us.

Now that you know who owns Stake Casino in the US, we must tell you how the brand operates in the UK because it is slightly different.

They have a partnership with TGP Europe Ltd, which helps manage and execute Stake.us operations in the UK. The company is considered a reputed and trustworthy partner and has done an excellent job of bringing the brand to the UK.

Does Stake own Kick?

To answer whether Stake owns Kick, let's dial back to the story about the Stake owners, Ed Craven and Bijan Tehrani. According to our research, Kick Streaming Pty Ltd. is the company behind the popular live video streaming service, and it's backed by Bijan and Ed, who own Stake.us.

So, does Stake own Kick? Yes, Stake is heavily involved in backing Kick, even though Kick’s parent company is established as a separate business entity.

Where is Stake.us legal in the United States?

Since we have spoken about the Stake Casino owners at length in this article, it is only fair to devote some time to talking about the legal landscape in which Stake.us operates in the United States.

As you know, Stake.us is a sweepstakes casino that offers free online games to players that can be played with virtual currency. It is a verified, licensed, and regulated entity that is legal to play on in several U.S. states.

However, there are some exceptions. The following states do not allow their residents to access Stake.us:

1. WASHINGTON
2. NEW YORK
3. NEVADA
4. IDAHO
5. KENTUCKY
6. MICHIGAN
7. VERMONT

If you are based in any of these states, do not try to use a VPN and access Stake.us. This is because when you verify your account by offering identity and residence proof, your jig will be up and you might not be able to redeem any of your cash prizes.

Bonuses to check out at Stake.us

If what we have told you so far about Stake.us sounds promising, wait till you hear about the bonuses that they have in store. One of the primary reasons why Stake.us is as popular as it is is because of the incredible list of bonuses it offers players.

Take a look at the top bonuses you can enjoy at Stake.us below.

Summing up our thoughts on who owns Stake.us?

To wrap up, Stake.us is owned by Sweepsteaks Limited, a registered online gaming company in Cyprus. The founders of Stake are Ed Craven and Bijan Tehrani and they launched Stake in 2017.

Stake.us has garnered a stellar industry reputation and is widely known as one of the most trusted, reliable, and exciting sweepstakes casinos to play at.

FAQ Stake.us (Sweepsteaks Limited)