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Stake Lottery Operator Dossier

Corporate intelligence report on the company behind Stake Lottery

ParentEasygo Entertainment Pty Ltd / Medium Ra
HQMelbourne, Australia
Founded2017
LicenseCuracao
Rating8.2
Company Profile
Parent CompanyEasygo Entertainment Pty Ltd / Medium Rare N.V. (operator)
OwnershipPrivate (founded and owned by Ed Craven and Bijan Tehrani)
HeadquartersMelbourne, Australia (Easygo); Curaçao (Medium Rare N.V.)
Founded2017
FoundersEd Craven, Bijan Tehrani
CEO / LeadershipMladen Vučković (CEO); Founders Ed Craven and Bijan Tehrani
Employees~500-600 (Easygo Group)
Funding and Valuation
FundingBootstrapped / self-funded; no external VC rounds identified
Revenue / ValuationRevenue: US$2.6B (2022), A$970M (~US$600M, FY2025); Profit: A$257M (FY2025); Founders net worth ~$2.8B each; Easygo assets A$5B Wikipedia), LinkedIn
Licensing and Regulation
Curacao additional licenses in Peru (2...
Curaçao Gaming Control Board (OGL/2024/1451/0918) / additional licenses in Peru (2024), Colombia Stake.com
Regulatory History

Exited UK market (Mar 2025) due to UKGC investigation

Multiple class-action lawsuits in US (2025-2026) alleging deceptive marketing

Blocks in France, Ukraine

Restricted in many countries

Peru license (Jul 2024) UK Gambling Commission

Security Track Record
  • $41M hot wallet hack (Sep 2023) via sophisticated breach (not private keys) QuillAudits, DL News
Proof of ReservesNo public proof of reserves found; accepts multiple cryptocurrencies but no dedicated PoR program mentioned
Sister Brands
Kick.com (streaming)Twist Gaming (games studio)Stake.us (US sweepstakes)Primedice (related early platform) Easygo
Key Events
2013

Primedice launched

2016

Easygo founded

2017

Stake.com launch

2019

Sportsbook added

2022

Stake.us, Kick.com launched

2023

$41M hack, F1 sponsorships

2024

Peru license, 253B bets milestone

2025

UK exit, Easygo A$970M revenue iGamingToday, BitcoinChaser

Learn More About Stake Lottery

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