If you’re the curious sort and have been wondering who owns Stake.us, then you’ve come to the right place. It’s always a good idea to do your research before signing up to a new platform.
Stake.us has two key founders: Ed Craven and Bijan Tehrani, who are the very rich brains behind the operation. In this guide, I’ll do a full deep dive into the company that owns and operates Stake.us, other key players and why this platform is so popular among US sweepstakes enthusiasts. So, let’s jump right in!
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Stake.us Highlights
- Amazing Stake Originals
- Great community
- Fantastic VIP program
Who owns Stake.us?
In terms of who owns Stake.us and Stake.com, the answer is a little complicated, but I’m going to walk you through it all. Before we get confused, let’s just make one thing clear when comparing
Stake.us vs Stake.com
– the former is a traditional online casino and the latter is a sweepstakes casino. Stake.us is owned and operated by a company called Sweepsteaks Limited – and no, that’s not a typo. If you’ve ever been on the Stake.us website, then you may have seen this company name pop up. The company’s headquarters are actually located in Cyprus, which isn’t all that unusual for sweepstakes casinos, as many sites have parent companies registered here. The most interesting information around who owns Stake.us comes when we look a little deeper into the founders.
Stake.us was founded by Ed Craven and Bijan Tehrani, who are recent entrants into ‘Forbes Australia’s 50 Richest’. And to be honest, this should come as no surprise to anyone since, following the success of Stake.com and Stake.us, the two founders have a combined net worth of over $5 billion. Before launching Stake.com, the pair founded a company called EasyGo, which was mostly responsible for developing games for other online casinos. Then, in 2017, Craven and Tehrani established the parent company of Stake.us, first launching Stake.com as an international online casino platform. Then, about five years later in 2022, Stake.us was launched specifically for the US market, and since then has become one of the most popular sweepstakes casinos.
Much of the success of the Stake brand has been down to strategic celebrity endorsements, with none more notable than Drake. I often see some debate online about whether Drake actually owns Stake.com or Stake.us and while the answer is no, it’s possible that he could have shares in the company. Drake partnered with Stake.com in 2022 as part of a $100 million per year endorsement deal. Drake promotes Stake.com and Stake.us like it’s his job, which I suppose in a way, it is. In addition to this, the Stake.us founders have heavily invested in marketing, with huge advertising campaigns across various sports including UFC, F1, and the Premier League.
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Pros and cons of Stake.us
- Generous welcome offer
- Daily rewards
- 850 games provided by top developers
- Not available in 13 states
What do players love about Stake.us?
Now that we’ve established who owns Stake.us, let’s talk about the site itself. Stake.us has quickly become one of the most popular social casinos in the US and for very good reason. It’s available to play in 37 US states, including many where traditional online gambling isn’t permitted. This is because Stake.us is a social casino, which means that players use virtual currencies in lieu of real money. So, as long as you’re not located in Washington, Nevada, Idaho, New Jersey, Pennsylvania, Connecticut, New York, Kentucky, Michigan, Vermont, Delaware, West Virginia or Rhode Island, you’re free to sign up. Stake.us uses Gold Coins and Stake Cash with a few key differences – Gold Coins are just for fun and Stake Cash can be redeemed for real money prizes, as long as certain requirements are met. So, if you’re wondering ‘can you cash out Gold Coins on Stake.us?’ The answer is no as Gold Coins have no monetary value.
Stake.us bonuses
One of the biggest draws to Stake.us is their impressive welcome offers. Right now, new players could grab a whopping 56 Stake Cash, 560,000 Gold Coins and a 5% rakeback on losses. This welcome offer is actually a collection of a few bonuses. First up, when you create a new account with Stake.us and use the promo code GAMECHAMPIONS you’ll collect a welcome bonus of 250,000 Gold Coins, 25 Stake Cash and a 5% rakeback, plus an exclusive bonus of 10,000 Gold Coins and 1 Stake Cash. Once you’ve verified your account, you’ll now be able to claim your daily login bonus of 10,000 Gold Coins and 1 Stake Cash. To claim this all you need to do is login to your account daily – yes, it’s that simple! If you login consecutively for 30 days, you’ll accumulate an additional 300,000 Gold Coins and 30 Stake Cash.
| Stake.us welcome offer | Bonus amount |
| Free welcome bonus | 250,000 Gold Coins + 25 Stake Cash |
| Exclusive bonus | Additional 10,000 Gold Coins + 1 Stake Cash with promo code GAMECHAMPIONS |
| Daily login bonus | Up to 300,000 Gold Coins + 30 Stake Cash if you claim it everyday for 30 days |
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Over 850 casino-style games
Stake.us offers hundreds of titles that you can use your newly acquired welcome bonus to play. This includes plenty of high-quality slots, table games and even live dealer options too. All of these games are powered by industry-leading software providers such as Pragmatic Play, Hacksaw Gaming, and NoLimit City, ensuring you have a smooth playing experience every time.
Useability
Another aspect of Stake.us that players are particularly fond of is usability, which has been boosted even further by the recent release of a dedicated mobile app. You can enjoy all of your favorite Stake.us titles on the go, no matter where you are. Stake.us also provides 24/7 live customer support, which goes a really long way with players, especially since you don’t know what time or day or night you might run into a problem.
Prize redemptions
Many players also appreciate that gameplay and
Stake.us wins
can lead to real prize redemptions when using Stake Cash. If you play games with Stake Cash, and win then you’ll get even more Stake Cash. With this comes the opportunity to redeem your Stake Cash for real money prizes. However, you need to playthrough all Stake Cash at least three times before it’s eligible for redemption. You can choose from different redemption methods including cryptocurrency and gift cards. The minimum amount of eligible Stake Cash you’ll need will vary depending on how you choose to redeem for Stake Cash.
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Play a wide variety of slot games at Stake.us
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Get free stake cash for more gameplay at Stake.us
Final thoughts on who owns Stake.us
Stake.us isn’t just another sweepstakes casino – it’s the US tailored version of one of the most successful online casinos, Stake.com. Founded by entrepreneurs Ed Craven and Bijan Tehrani, and operated by Sweepsteaks Limited, Stake.us has quickly become one of the most well-known names in the social casino space. The platform can be legally played from 37 states and has a vast game collection with over 850 titles. Plus, you’ll also find huge welcome offers, daily login rewards, a dedicated mobile app and live chat customer support which when combined are a recipe for a fantastic social casino.
Unlock 560K Gold Coins
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Stake.us owner – FAQs
🏢 Who owns Stake.us?
Stake.us is operated by Sweepsteaks Limited, a company headquartered in Cyprus. The platform was founded by Ed Craven and Bijan Tehrani, who are also the creators of the international site Stake.com.
🔄 Is Stake.us the same as Stake.com?
No, they are very separate platforms with some important distinctions. Stake.com is a real money crypto-focused online casino that is not available in the US, while Stake.us is a sweepstakes casino built specifically for the US market. Stake.us uses virtual currencies instead of real money and therefore operates under the sweepstakes model.
💸 Can I win real money on Stake.us?
No, since Stake.us is a sweepstakes casino, there is no real money gambling involved. However, if you accumulate enough Stake Cash bonuses and play them through at least three times, then you could redeem them for real money prizes.
