Stake.com Ownership: Who Owns the Online Gambling Platform?

^{Pictured: Ed Craven (left) and Bijan Tehrani (right)}

Stake.com, the powerhouse in the online gambling realm, raises a pertinent question in the minds of bettors — who are the people behind this brand? A closer look reveals that this dynamic platform is the brainchild of two visionary entrepreneurs.

Meet the Founders: Ed Craven and Bijan Tehrani

Founded in 2017, Stake.com, an Australian-Curaçaoan online gambling platform that operates under a valid Curaçao License (including Mexico and the UK), bears the mark of Ed Craven and Bijan Tehrani’s strategic acumen. 

The platform is owned and operated by Curaçao-based company Medium Rare N.V. with offices in Australia, Cyprus and Serbia.

Bijan Tehrani and Ed Craven, Stake F1 Team

Ed, recognized as Australia’s youngest billionaire, and his co-founder Bijan Tehrani jointly laid the foundation for this industry-leading platform. The duo are also the co-founders of Kick, a livestreaming platform that competes with Amazon’s Twitch.

The table below shows the key names of the people who are in charge of Stake.com’s leadership and governance.

At the forefront of Stake.com’s leadership is Mladen Vučković, serving as the CEO. His mission lies in orchestrating high-profile partnerships and collaborations, enabling the company to become a global leader in the industry.

Mladen Vučković, CEO of Stake.com

Strategic Milestones of Stake

The main driving force behind the bookie, Ed, has a keen eye for business opportunities. He has partnered with tons of celebs like rap icon Drake and the Alfa Romeo Formula 1 team to boost the visibility of Stake.com.

Drake, Grammy-winning rapper and Stake.com partner

The company hasn’t been shy about spending millions of dollars on signing its ambassadors, who are some of the influential figures in the world. This has helped Stake build a loyal fan base that spreads the word about its brand.

And the results speak for themselves. In less than 10 years, the brand has secured partnerships with big-names like Israel Adesanya, the two-time UFC middleweight champion, and Sergio Agüero, the all-time top scorer of Man City.

Despite being a relatively young platform, Stake has achieved remarkable success in the past few years. Some of the highlights of its story are:

• Entering the UK market in December 2021, in partnership with TGP Europe.
• Becoming the official sponsor and partner of Juventude, a Brazilian soccer club in January 2023.
• Acquired Betfair Colombia in November 2023, securing a license to operate in Colombia until 2025.
• Sponsoring a Swiss racing team Sauber in Formula 1 and rebranding it as Stake F1 Team from 2024.
• Securing the official betting partnership with the International Tennis Federation (ITF), the worldwide governing body of tennis, in February 2024.
• Renewing its sponsorship deal with the Ultimate Fighting Championship (UFC) for the Asian region in February 2024.

Israel Adesanya was the first to sign up as a brand ambassador for Stake.com

Stake.com Founder’s Financial Standing

Ed Craven’s financial standing is nothing short of astounding. According to the Financial Review Magazine, he stands as the 3rd richest Aussie, boasting a remarkable net worth of $3.11 billion, reflecting an impressive Year-over-Year growth of 183%.

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