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Who Owns Stake.us 2025? Brand History Overview & More Details About the Company

Publish Date: 04/18/2025
Fact checked by: Emily Carter

Looking for information on who owns Stake US? The casino is owned and operated by Sweepsteakes LTD, a company established by Ed Craven and Bijan Tehrani. The pair are responsible for many other businesses, including Stake.com and Kick.

However, Stake.us has quickly become one of the leading sweepstakes casinos in the United States, with thousands of players using the site every day. You can register using the promo code to receive a welcome bonus that includes 260,000 Gold Coins, 55 Stake Cash, and a 5% rakeback on your losses.

Stake.us
Social Casino Promo
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T&Cs and 18+ apply
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Stake.us Highlights
  • Hundreds of top-quality slots
  • Stake Originals, including Crash
  • Live dealer games

❔ Who owns Stake.us?

So who exactly is the owner of Stake Casino? A quick check of the terms and conditions available at Stake.us will lead you to the answer. Sweepsteakes Limited is the main Stake owner currently, with this company being responsible for the day to day operations. The company operates out of Cyprus, abiding by Cyprus laws and regulations. The registered office for the business is in Limassol, Cyprus, and the registration number is HE436222.

🤔 Is there more than one owner of Stake?

Sweepsteakes Limited might be the official Stake owner, but this company has to be owned by someone, right? Ed Craven and Bijan Tehrani are the geniuses behind the creation of this company and the casino. So, it is true that there is more than one Stake casino owner.

Ed Craven and Bijan Tehrani both have extensive experience in the gaming industry, having worked together to create a seamless online gaming experience for several years. Their vision for Stake.us was to offer players a secure and legally accessible hub for casino players to enjoy their favorite games in the United States. Craven and Tehrani’s innovative approach to online gaming has earned them recognition, with Stake.us becoming a major player in the social casino space.

⭐ Does Drake own Stake?

No, Drake does not own Stake. While he is heavily associated with the brand, his role is that of a brand ambassador, not an owner or investor. Stake US pays Drake to promote the casino through social media, live streams, and public endorsements. It is rumoured that Drake is paid a fee of 100 million dollars per year, although this is still a speculative figure, and there has been no official confirmation of the fee.

Drake’s partnership with Stake has helped boost the casino’s visibility, especially among his massive fanbase. However, all business decisions, ownership, and operations remain in the hands of Stake’s actual owners.

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🚀 Does Stake own Kick?

Stake does not directly own Kick, but there is a strong connection between the two organizations. Kick, the live-streaming platform that launched in 2022, was founded by Ed Craven and Bijan Tehrani, the same entrepreneurs behind Stake. While Kick operates as a separate entity, its funding and development have been closely tied to Stake’s success.

Kick was originally created as a competitor to Twitch, offering more creator-friendly revenue splits and fewer content restrictions. However, the platform has gained huge popularity since its release, which has presented convenient opportunities for Stake to advertise on various Kick streams. This highlights how the creation of Kick has provided support to the business goals of Stake US, boosting the popularity and reach of the site even further.

🆚 Stake.us Vs Stake.com: Who owns stake gambling and what are the differences?

There is a lot of confusion over who owns Stake.com and Stake.us. To clear things up: Stake.com and Stake.us are owned by two separate companies. However, they are both founded and owned by the same individuals: Ed Craven and Bijan Tehrani.

Stake.com is an international online gambling site. However, due to strict gambling laws in the US, the site is inaccessible in most states. This was one of the main driving factors behind the creation of Stake.us, which is a sweepstakes casino providing free social casino games. Since Stake.us does not require the use of real money and operates under sweepstakes laws, it is legally accessible in over 35 different US states.

📌 Pros and cons of Stake US

Stake.us mobile
Stake US: Pros & Cons
  • Generous bonuses and promotions
  • Excellent casino software
  • Variety of games
  • Mobile-friendly
  • Not legal in all US states

🎮 What games can you play at Stake.us?

The Stake owner has delivered an impressive selection of social casino games to Stake.us, so you can expect nonstop entertainment. The casino features over 800 casino games, but this collection is growing on an almost weekly basis. You can find casino categories such as slots, jackpots, virtual tables, live dealers, scratchcards, and more available to play at the casino. These games have been developed by some of the leading game studios, including the likes of Pragmatic Play, NoLimit City, and Hacksaw Gaming.

My favorite category to play at Stake US has to be slots. These games all come with high-end graphics, engaging gameplay mechanics, immersive soundtracks, and generous bonus features. You can browse several hundred slots at Stake.us, but some of the most popular titles include Duel at Dawn, Sweet Bonanza, and Gates of Olympus.

However, a worthwhile mention is the Stake Original games that are available at the site. These are in-house productions that typically provide simple gameplay mechanics. Good examples include Stake Diamonds, Flip, and Plinko.

🎁 Bonuses and promotions you can claim to play Stake US

The bonuses and promotions this site offers are the closest you’ll come to finding a Stake hack. They offer a huge amount of free coins, along with various other benefits. Here is a shortlist of my five favorite Stake.us promotions:

🎁 Bonus type📌 Details
Welcome bonusRegister an account to receive 260,000 Gold Coins, 55 Stake Cash, and a 5% rakeback.
Daily login rewardsLog in once every 24 hours to receive 10,000 Gold Coins and 1 Stake Cash.
Bonus drop codesFind bonus drop codes on social media and in the email newsletter. Redeem them for free Gold Coins and Stake Cash.
Daily Races tournamentParticipate in the Daily Races tournament for the chance to win a share of 50,000,000 Gold Coins.
Weekly giveawayVIP members can participate in the weekly giveaway for a chance to win a share of 250,000,000 GC and 25,000 free SC.
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📱 Play the Stake.us Casino on your mobile device

The Stake Casino owner was criticized for a long time for failing to deliver a mobile app. However, that recently changed with the introduction of the first Stake US mobile app, allowing players to play on mobile through a dedicated mobile app. The app provides excellent performance, great security features and can be accessed with one tap from your home screen. Plus, you’ll get additional benefits that only a dedicated app can provide, such as push notifications.

If you don’t want to waste your time or storage space downloading the mobile app, then the mobile website will still be available. The official website has been perfectly optimized for mobile use, with a responsive design that molds to the size of any modern smartphone or tablet. However you want to play, Stake.us has a viable solution, ensuring you can enjoy your favorite games whether on the go or at home.

🤝 Conclusion: Who owns Stake Casino?

So there you have it: the Stake.us Casino is owned and operated by Sweepsteakes LTD, a company established in Cyprus by entrepreneurs Ed Craven and Bijan Tehrani. This casino has quickly become one of the leading sweepstakes casino sites in the United States. You can register at this site legally in over 35 different US states, plus you’ll receive a huge sign up bonus if you do create an account. The casino also features an impressive selection of social casino games, many of which are developed by iconic software providers. Ready to see what all the fuss is about? Click or tap the link in the promotional banner on this page to get started.

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❓ Who owns Stake FAQs

😀 Who is the owner of Stake US?

Stake US is owned and operated by Sweepsteakes LTD, a company that is headquartered in Cyprus. This company was established by billionaire entrepreneurs Ed Craven and Bijan Tehrani.

🔎 Who owns Stake betting?

Ed Craven and Bijan Tehrani are the owners and co-founders. However, it is important to note that Stake betting is a separate entity, as social sports betting is not available at the Stake.us casino.

🎤 How much of Stake does Drake own?

Drake is not a Stake gambling owner. He is a fan of Stake.us and has an existing contract with the casino to promote the site on his social media channels.

💰 What is the Stake owner net worth?

Owners of Stake US, Ed Craven and Bijan Tehrani have an estimated net worth of $4.7 million each.

🤔 What is the Stake owner meaning?

The Stake owner meaning, simply refers to the organization that owns and operates the site. The company that currently owns and operates Stake.us is Sweepsteakes Limited.

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