Company Profile
| Parent Company | Medium Rare N.V. (operated company); Easygo Entertainment Pty Ltd. (parent/holding company) |
|---|---|
| Ownership | Private; owned by founders Ed Craven and Bijan Tehrani |
| Headquarters | Willemstad, Curaçao (registered); Melbourne, Australia (operational) |
| Founded | 2017 |
| Founders | Ed Craven, Bijan Tehrani |
| CEO / Leadership | Founders Ed Craven and Bijan Tehrani (no specific CEO named; leadership via Easygo) |
| Employees | ~200-500 (LinkedIn); 635 (Easygo Group FY2025) |
Funding and Valuation
| Funding | No traditional VC funding rounds identified; self-funded/bootstrapped by founders |
|---|---|
| Revenue / Valuation | Revenue: $4.7B GGR (2024)Forbes Australia, A$970m (Easygo FY2025); Founders net worth ~$2.8B each (2024); est. company valuation $14-23B |
Licensing and Regulation
Curacao additional local licenses in B...
Curaçao Gaming Control Board (OGL/2024/1451/0918) / additional local licenses in Brazil, Colombia, Peru, Mexico, Denmark
Regulatory History
UK exit (Feb 2025) after ad violation with UK Gambling Commission UK Gambling Commission
Banned/restricted in US, Australia, many EU countries
multiple US class-action lawsuits alleging illegal gambling (2024-2026)
Ontario RTP issues
Security Track Record
- $41M hack (Sep 2023) by North Korea's Lazarus Group (ETH/BSC/Polygon hot wallets)FBI
- Mixpanel third-party data breach (Dec 2025, usernames/emails/DOB/phone exposed, no funds)
| Proof of Reserves | No public proof of reserves found or published on site |
|---|
Sister Brands
Kick.com (streaming platform, Easygo)Stake.us (US sweepstakes)Twist Gaming (game studio)
Key Events
2017
Founded
2022
Launched Stake.us, Kick.com
2023
$41M hack
2024
$4.7B revenue, PointsBet stake >5%
2025
UK exit, Easygo A$257m profit, fiat transition (70% transactions)