Who Owns Stake in 2026?

Who Created Stake Casino?

Stake Casino was created by Ed Craven and Bijan Tehrani back in 2017.

The two Australian entrepreneurs first met as teenagers while playing the online game RuneScape, where they experimented with virtual gambling before launching their billion-dollar crypto casino empire.

Both founders remain the sole owners of Stake through their parent company, Easygo Entertainment, which they established in 2016. Each co-founder focuses on different areas of growth, strategy and brand development.

Ed Craven (Stake Eddie)

Ed Craven’s net worth: Estimated to $2.8-4.5 billion (2025)

His wealth comes from:

• Stake.com revenue ($4.7B in 2024)
• Kick streaming platform ownership
• $80M Toorak mansion (Victoria’s most expensive home)
• 5.01% stake in PointsBet (ASX-listed bookmaker)

Ed actively engages with the community. He answers DMs, responds to tweets, and streams publicly on Kick.

As Kick streamers at Casiibro, we maintain direct contact with Ed Craven via private messages. He actively engages with our questions about Stake’s platform, providing insights you won’t find in official press releases.

Bijan Tehrani

Bijan Tehrani’s net worth: Estimated to $2.8 billion (2025)

Bijan focuses on:

• Operations and platform management
• Growth strategy and market expansion
• Gaming portfolio curation (3,000+ games)

Tehrani maintains a low profile. He appears in industry features and provides community updates through official Stake channels.

Who own Stake ? (Operating Company )

Ed Craven and Bijan Tehrani own Stake. They control 100% ownership through their private Australian company, Easygo Entertainment, which they founded in 2016.

Stake is privately owned. You cannot buy Stake shares on any stock exchange.

The Ownership Structure of Stake

Easygo Entertainment Pty Ltd is the parent company that owns everything. Founded in 2016 in Melbourne, Australia, it’s 100% controlled by Ed Craven and Bijan Tehrani (50/50 each).

Under Easygo sits four main branches:

• Stake.com (operated by Medium Rare N.V. in Curaçao)
• Stake.us (operated by Sweepsteaks Limited in Cyprus),
• Kick streaming platform,
• Regional entities in Brazil, Colombia, Mexico, and Peru.

ℹ️ Common misconception: Stake Gambling vs Stake Casino. There is no ownership difference. “Stake gambling” and “Stake casino” refer to the same platforms owned by Ed Craven and Bijan Tehrani.

Stake Operator Entities

While Craven and Tehrani own Stake globally, they use licensed operators in different jurisdictions for regulatory compliance, making sure Stake is legit.

Who is the CEO of Stake?

Mladen Vučković is the CEO of Stake. Specifically, he serves as CEO of Medium Rare N.V., the company that operates Stake.com.

However, this can be confusing because Ed Craven and Bijan Tehrani are the founders and ultimate owners they just hired Vučković to run daily operations.

The Leadership Structure of Stake

Ed Craven and Bijan Tehrani own Stake through Easygo Entertainment. They make the big decisions:

• Which markets to enter
• Major partnerships (Drake, F1, UFC)
• Product strategy (Stake Originals, Kick)
• Long-term vision

Mladen Vučković runs Stake.com as operational CEO. He manages:

• Daily platform operations
• Customer support teams
• Regulatory compliance
• Technical infrastructure
• Licensing relationships

Think of it this way:

• Craven & Tehrani = Company owners (like shareholders)
• Mladen Vučković = Hired CEO (like a manager)

Why Ed Craven Seems Like the CEO ?

Ed Craven is very visible publicly, which makes people think he’s the CEO:

• Streams on Kick regularly
• Active on X/Twitter @StakeEddie
• Does media interviews
• Represents Stake at F1 races and UFC events

But his official role is Co-Founder and Owner, not CEO. He hired Mladen Vučković to handle operational CEO duties while he focuses on strategy and growth.

Does Drake Own Stake? (Debunking Fake News)

No. Drake does not own Stake. He owns zero shares, zero equity, and has zero ownership.

Drake is a paid brand ambassador earning approximately $100 million per year to promote Stake.

What Drake IS:

✅ Brand Ambassador (since 2022)
✅ Paid Spokesperson – $100 million/year
✅ Social Media Promoter – Posts to 146M Instagram followers
✅ Kick Streamer – Gambling sessions on Stake

ℹ️ To know: Drake promotes Stake in exchange of money. He doesn’t own any part of it.

Why People Think Drake Owns Stake

1. Massive Visibility
Drake constantly posts Stake content showing multi-million dollar bets to 146 million Instagram followers.

2. Huge Contract
$100 million annually is one of the largest celebrity gambling endorsements ever, people assume this means ownership.

3. Close with Ed Craven
Drake streams with Ed Craven on Kick and gets VIP access to everything, making them look like business partners.

But visibility ≠ ownership. It’s all part of his ambassador contract.

Sources

All factual claims about ownership, net worth, and corporate structure have been cross-referenced across multiple sources.

✅ Stake.com & Stake.us — Official corporate details, licensing, addresses
✅ Wikipedia — Stake.com page, Ed Craven and Bijan Tehrani biographies
✅ Forbes — Net worth data ($2.8-4.5B) and billionaire rankings
✅ Ed Craven’s X account — @StakeEddie for public statements
✅ Cassibro direct contact — Private messages with Ed Craven via X and Kick
✅ Corporate registries — Curaçao and Cyprus official company records

This article required 4 hours of research, fact-checking, and writing to ensure accuracy by Casiimbro streamers team.