Stake CEO, Owner and Founders

Stake is one of the largest online casinos and sportsbooks in the world. It was founded in 2017 by Ed Craven and Bijan Tehrani and is operated by Medium Rare N.V. under a Curaçao licence. Here is who runs Stake and how the company grew.

Stake casino and sportsbook home page on laptop and phone

Stake at a Glance

Fact Details
Founded 2017
Founders Ed Craven and Bijan Tehrani
CEO Ed Craven
Operator Medium Rare N.V.
Licence Curaçao Gaming Authority, OGL/2024/1451/0918
Products Online casino, sportsbook, poker, Stake Originals
Related brands Stake.us (social casino in the USA), Kick (streaming platform)

Who Is the CEO of Stake?

Ed Craven is the co-founder and CEO of Stake. Before Stake, he and Bijan Tehrani built projects in the crypto space, and the experience shaped Stake as a casino focused on fast crypto payments. Ed Craven is also known for streaming on Kick, the platform he co-founded, where he regularly hosts the Stake Weekly Raffle draw.

Who Owns Stake?

Stake was founded and is owned by Ed Craven and Bijan Tehrani. The casino and sportsbook are operated by Medium Rare N.V., a company registered in Curaçao that holds the gaming licence. For Indian players, Stake supports payments in rupees via UPI, Net Banking and cards as well as cryptocurrency; see the deposit methods.

Stake casino lobby with Stake Originals and the sportsbook on mobile

Bijan Tehrani and Ed Craven: Stake Founders

The two founders launched Stake in 2017 as a crypto casino with in-house games. These games later became the Stake Originals collection, including Dice, Mines, Plinko and Crash. Over time Stake added a full sportsbook with cricket, football and esports, live casino and poker. Explore the Stake Originals and the cricket sportsbook.

Stake Partners and Brand Ambassadors

Stake invests heavily in sport and entertainment partnerships. Over the years the brand has worked with:

  • the UFC and individual fighters;
  • football clubs in Europe and South America;
  • Formula 1, as title partner of the Sauber team;
  • music artists, most notably Drake;
  • football legends and other ambassadors.

Drake is a brand ambassador of Stake, not its owner: the company belongs to its founders.

FAQ

Is Drake the owner of Stake?

No. Drake is a brand ambassador of Stake. The company was founded and is owned by Ed Craven and Bijan Tehrani.

Which country is Stake from?

Stake is operated by Medium Rare N.V., registered in Curaçao. The founders are from Australia.

When was Stake founded?

Stake was founded in 2017.

What is Kick?

Kick is a live streaming platform co-founded by the Stake founders. The Stake Weekly Raffle is drawn live on Kick.

Updated: