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Stake Owners Reveal Clear Ownership Chain Despite Industry Trends

Guavy AI Editorial Team
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Australian entrepreneurs Ed Craven and Bijan Tehrani founded Stake in August 2017 through their company Medium Rare N.V. in Curaçao, which is licensed by the Curaçao Gaming Authority.

Craven and Tehrani had previously built Primedice, a Bitcoin dice game, in 2013 and Easygo Entertainment Pty Ltd in Melbourne, Australia in 2016, which they still own 50/50.

Stake expanded into sports betting in 2019 and launched in the UK market in December 2021, but this partnership appears to have ended. In August 2022, Stake.us was launched as a separate, US-facing sweepstakes-style version of the platform.

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