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Stake Casino Uncovered: Is This Crypto Gambling Giant Legit or a Risky Bet

Stake Casino Guide for New Players

If you’re searching for a thrilling online casino experience, you’ve likely come across Stake Casino, a name that’s buzzing in the world of crypto gambling. With its sleek platform, cryptocurrency focus, and celebrity endorsements from the likes of Drake and UFC stars, Stake Casino has captured the attention of players worldwide. But questions linger: Is Stake Casino legit? Who owns Stake Casino? Where is Stake Casino located? And perhaps most importantly, how much is Stake Casino worth? In this comprehensive guide, we’ll dive deep into everything you need to know about Stake online casino, addressing user concerns and helping you decide if it’s the right platform for you.

Whether you’re a seasoned gambler or a curious newbie exploring the Stake Casino app or Stake US Casino, this article will provide valuable insights to inform your decision. Let’s uncover the truth behind this crypto gambling powerhouse.

What Is Stake Casino? A Game-Changer in Online Gambling

Stake Casino is a cryptocurrency-based online casino launched in 2017 by founders Ed Craven and Bijan Tehrani. Unlike traditional casinos, Stake operates primarily with cryptocurrencies like Bitcoin, Ethereum, and Litecoin, offering players a fast, secure, and anonymous way to gamble. The platform, operated by Medium Rare N.V. and licensed in Curaçao, boasts a massive selection of over 3,000 games, including slots, table games, live dealer experiences, and exclusive Stake Originals like Plinko and Crash.

For US players, Stake US Casino (launched in 2022) offers a social casino experience tailored to comply with US regulations, allowing players to enjoy free-to-play games with virtual currencies like Gold Coins and Stake Cash, which can be redeemed for prizes.

Why Users Love Stake Casino:

• Crypto-Friendly: Supports over 20 cryptocurrencies for seamless deposits and withdrawals.
• Diverse Game Library: From slots to sports betting, there’s something for everyone.
• Fast Payouts: Withdrawals are processed in under an hour in many cases.
• Mobile Optimization: Play on the go with a mobile-optimized site, though no dedicated Stake Casino app exists yet.

Is Stake Casino Legit? Addressing Your Safety Concerns

One of the top questions players ask is,  Is Stake Casino legit?  With online gambling, trust is paramount, especially when dealing with cryptocurrencies. Here’s what you need to know:

1- Licensing and Regulation: Stake Casino is licensed by the Curaçao Gaming Authority, a common regulator for crypto casinos. While Curaçao licenses are less stringent than those from the UK Gambling Commission or Malta Gaming Authority, Stake complies with anti-money laundering policies and uses provably fair algorithms for transparency.

2- Security Measures: The platform employs SSL encryption and two-factor authentication (2FA) to protect user data. The Stake Vault feature allows players to securely store funds.

3- Player Feedback: With a 4-star rating on Trustpilot from over 10,000 reviews, many players praise Stake’s fast withdrawals and engaging promotions. However, some users have raised concerns about withdrawal delays or perceived unfairness, though these are often tied to individual experiences rather than systemic issues.

Verdict: Stake Casino is legitimate for most users, but its Curaçao license and crypto-only model may raise concerns for those seeking stricter oversight. Always gamble responsibly and verify local regulations in your country.

Who Owns Stake Casino? The Brains Behind the Brand

Curious about who owns Stake Casino? The platform was co-founded by Ed Craven and Bijan Tehrani, two Australian entrepreneurs who started Easy go, a game development company, in 2016 before launching Stake in 2017. Medium Rare N.V., the operating company, is registered in Curaçao, with offices in Serbia, Australia, and Cyprus.

Their innovative approach to crypto gambling and strategic partnerships (like sponsoring UFC and Everton FC) have propelled Stake to global prominence. However, a 2023 lawsuit by former associate Christopher Freeman alleged unethical practices, though it was dismissed due to jurisdictional issues.

Where Is Stake Casino Located? A Global Operation

If you’re wondering where Stake Casino is located, the answer is multifaceted. The company’s legal headquarters are in Curaçao, where it holds its gaming license. However, Stake maintains operational offices in Serbia, Australia, and Cyprus, reflecting its global reach. This distributed model allows Stake to serve players in multiple languages and regions, including the Stake US Casino for American players.

For US users, Stake US Casino operates as a social casino, meaning it’s accessible in most states where traditional online gambling is restricted. Always check local laws to ensure compliance before playing.

How Much Is Stake Casino Worth? A Crypto Gambling Empire

Estimating how much Stake Casino is worth is tricky, as the company is privately held and doesn’t disclose financials. However, its massive user base, high-profile sponsorships, and reported 139.61 million monthly website Oswi now Casino visits in May 2025 suggest significant revenue. Industry experts estimate Stake’s valuation could be in the billions, given its dominance in the crypto gambling market and partnerships with celebrities like Drake.

A 2023 hack, where $41 million in cryptocurrency was stolen, didn’t impact player funds but highlighted the high financial stakes involved. Stake’s ability to recover and maintain operations underscores its financial resilience.

Is Stake Casino Worth Your Time?

Stake Casino is a legitimate, innovative platform that’s revolutionized crypto gambling with its vast game selection, fast payouts, and global reach. While its Curaçao license and crypto focus may not suit everyone, its transparency, security, and engaging promotions make it a top choice for many. For US players, Stake US Casino offers a fun, legal way to enjoy social gaming with real rewards.

If you’re intrigued by Stake online casino and comfortable with cryptocurrency, it’s worth exploring. Sign up with the bonus code CORGBONUS to unlock exclusive rewards and dive into the action. Just remember to gamble responsibly and verify local regulations. Ready to take a chance on Stake? The crypto casino world awaits