History of Stake (online casino) in Timeline

Stake is a cryptocurrency-based online casino operated by Medium Rare NV, licensed and incorporated in Curaçao. The company maintains offices in Serbia, Australia, and Cyprus, facilitating its global operations in the online gambling industry.

2016: Easygo Establishment

In 2016, Ed Craven and Bijan Tehrani founded Easygo, a company focused on developing games for online casinos.

2017: Stake Launch

In 2017, Ed Craven and Bijan Tehrani co-created and launched Stake, an online casino platform.

December 2021: UK Expansion via TGP Europe Partnership

In December 2021, Stake expanded its operations to the United Kingdom through a partnership with TGP Europe.

August 2022: Stake.us Launch

In August 2022, Stake.us was launched as a separate online casino site specifically for U.S. residents.

September 2022: Twitch's Gambling Stream Ban Announcement

In September 2022, Twitch announced it would prohibit streams of online slots, roulette, and dice games on services not licensed in the U.S. or other jurisdictions with sufficient consumer protection, a ban that would include Stake due to scrutiny from gambling streams tied to deals with streaming personalities.

June 2023: $580 Million Lawsuit Dismissed

In June 2023, a federal judge in Manhattan dismissed a $580 million lawsuit against Stake, which was filed by Christopher Freeman. The dismissal was due to a lack of subject matter jurisdiction.

2023: Kick Streaming Portal Launch

In 2023, Easygo Entertainment Pty Ltd., Stake's parent company, launched Kick, a streaming portal similar to Twitch, with Easygo as the sole shareholder.

2023: Stake Sponsors Sauber Motorsport in Formula One

In 2023, Stake became a sponsor of the Sauber Motorsport team in Formula One, with the team branded as Alfa Romeo F1 Team Stake.

February 2024: Team Rebranding to Stake F1 Team Kick Sauber

In February 2024, the Sauber Motorsport team, sponsored by Stake, was rebranded as Stake F1 Team Kick Sauber due to Sauber's planned switch from Alfa Romeo to Audi.

October 2024: UK Advertising Standards Authority Monitoring

In October 2024, the UK Advertising Standards Authority stated it was monitoring Stake's partnership with content aggregator accounts on Twitter, which repost viral images and videos edited to include a Stake watermark. The ads may violate service terms and advertising codes restricting gambling marketing to minors.

December 2024: Apple Vision Pro Application Release

In December 2024, Stake released an application for Apple Vision Pro, becoming the first online casino available on the platform.

February 2025: UK Gambling License Relinquishment

In February 2025, Stake announced it was giving up its UK gambling license following complaints about a social media advertisement featuring porn actress Bonnie Blue, which was deemed to use sexual content to attract young customers.