Release Date:
November 18, 2025
Close
Search Results
Stake.com has firmly established itself as a premier destination for crypto-based online casino gaming, captivating players with its unparalleled commitment to transparency, fairness, and innovation. This thriving platform offers an extensive array of wagering opportunities, ranging from traditional table games to cutting-edge and inventive offerings, all facilitated by seamless cryptocurrency transactions.
At the helm of this progressive venture are two visionaries: Edward Craven and Bijan Tehrani. As co founders and founders of Stake.com, Edward Craven and Bijan Tehrani have played pivotal roles in shaping the platform’s direction and success. With his wealth of experience as a seasoned entrepreneur, Edward Craven lends his extensive business acumen to the platform, ensuring its sustained success in a fiercely competitive market. His strategic leadership encompasses several key areas:
These efforts, combined with Bijan Tehrani’s technical expertise, have positioned Stake.com as a leader in the online casino industry.he platform, ensuring its sustained success in a fiercely competitive market. Tehrani, on the other hand, brings to the table his exceptional expertise in software development and blockchain technology, laying the foundation for a truly groundbreaking gaming experience.
In addition to their individual expertise, Edward Craven and Tehrani operate multiple companies to manage Stake.com and its related ventures, overseeing the business structure and partnerships that support the platform’s global reach. Together, Edward Craven and Tehrani have masterfully crafted a platform that flawlessly combines the electrifying thrill of casino gaming with the unmatched transparency and security of cryptocurrency. Stake.com is built on some of the most controversial technologies, such as cryptocurrency and online gambling, and the founders have had to address public perception and regulatory challenges associated with these industries. Stake operates under a license in Curaçao, allowing it to function outside of Australian gambling laws.
While the exact net worth of the Stake.com business and its proprietors remains undisclosed, one can only imagine the immense value they hold in an ever-expanding online gaming industry that is increasingly embracing the limitless potential of cryptocurrencies. Large amounts of money are involved in Stake.com’s operations, with the founders achieving significant financial success through their innovative approach to online gambling and property investments. Rest assured, the future of online casino gaming has found its home at Stake.com. The platform’s rapid growth can be attributed not only to its innovative features and user experience but also to its extensive advertising efforts, including sponsorships, brand ambassadorships, and partnerships with sports teams and streaming services, which have played a key role in attracting players.
Stake Casino has rapidly emerged as one of the world’s most influential online casino platforms, co-founded by Ed Craven and Bijan Tehrani. The company offers a vast selection of traditional casino games, including slots, roulette, and a robust sports betting service, making it a favorite among online gaming enthusiasts.
As highlighted by the Sydney Morning Herald and the Financial Times, Stake has become a dominant force in the crypto gambling sector, reporting a staggering $4.7 billion in gross gaming revenue in 2024. The massive volume of bets placed on Stake.com is a key driver of this revenue, showcasing high user engagement and underscoring the platform’s popularity and success in the betting industry. This achievement is particularly notable given that crypto gambling remains unavailable in the U.S., U.K., and much of Europe.
The company’s meteoric rise can be attributed to its innovative approach and aggressive marketing strategies. Stake has secured high-profile partnerships, with its branding featured on UFC octagons and Formula 1 teams, helping to cement its reputation in the competitive world of online casinos. Notably, Stake signed a $100 million deal with musician Drake, further amplifying its global presence. This bold marketing, combined with a seamless user experience and a wide array of casino games, has attracted millions of users globally.
Ed Craven, recognized by the Australian Financial Review and Forbes Australia as a self-made entrepreneur, has played a pivotal role in Stake’s success. With an estimated net worth exceeding $2.8 billion, Craven’s journey from online gaming enthusiast to industry leader is a testament to the company’s entrepreneurial spirit. Interestingly, Craven and Tehrani first connected online while playing the game Runescape, a meeting that would eventually inspire the creation and branding of Stake.
Operating in a complex regulatory landscape, Stake has faced significant challenges. Online casinos are banned in Australia and much of Europe, and the company has had to navigate these restrictions by obtaining licenses in offshore jurisdictions and leveraging the relatively unregulated nature of crypto gambling. Despite these hurdles, Stake has maintained its position as a global leader in online gaming, continually adapting to evolving consumer protections and regulatory requirements. Key challenges and adaptations faced by Stake include:
Stake’s journey has faced controversy, including bans from platforms like Twitch due to concerns over gambling content. In response, Stake has shifted towards more regulated operations by increasing transparency and offering traditional payment methods. The launch of Stake.us in August 2022, a social casino platform for the U.S. market, demonstrates the company’s commitment to compliance and innovation. Focusing on customer satisfaction, security, and transparency, Stake Casino continues to lead the online casino industry. It has expanded from a cryptocurrency-exclusive platform to accepting 70% of transactions in traditional fiat currency, appealing to a broader audience.
Stake.com, a prominent player in the online casino gaming scene, made its debut in 2017, strategically seizing the opportunity to disrupt and innovate an industry ready for change. Founded by visionaries Ed Craven and Bijan Tehrani, who met online through gaming platforms, the platform astutely recognized the untapped potential of seamlessly integrating cryptocurrency transactions into the gaming experience, revolutionizing the way players engage and transact in the digital realm.
The founders were aware of both the risks and opportunities present in the online gambling and cryptocurrency space. With a commitment to cutting-edge technology and a passion for delivering unparalleled entertainment, Stake.com continues to shape the future of online gaming, as the founders believed in the transformative potential of integrating cryptocurrency with online gaming.
A product of their profound vision, Stake.com was established in 2017. The year marked a significant milestone in the digital currency domain, with Bitcoin soaring to unprecedented heights and the broader cryptocurrency market gaining increased global acceptance. In the past, developments in cryptocurrency and online gaming had paved the way for such innovation, setting the stage for Stake.com’s launch. Capitalising on this momentum, Stake.com was born, bridging the gap between the rapidly evolving digital currency market and the enduring allure of online casino gaming.
Prior to founding Stake.com, Ed Craven and Bijan Tehrani had already made their mark in the online gaming industry through Primedice. Launched in 2013, Primedice was one of the first Bitcoin gambling sites, and its staggering success laid the groundwork for the inception of Stake.com. On Primedice, players could play innovative Bitcoin gambling games, which influenced the development and features later seen on Stake.com. The lessons learned and the recognition gained from Primedice served as vital stepping stones in the duo’s journey, guiding them through the creation of a platform set to revolutionise the world of online casino gaming.
Ed Craven, an astute entrepreneur and one of the driving forces behind Stake.com, has always exhibited a knack for recognizing transformative opportunities in the tech industry. Born and raised in Australia, Craven’s early days weren’t directly linked to the world of online gaming or cryptocurrencies. He is based in Melbourne, where he resides and conducts much of his business operations. Rather, he embarked upon his career path in the realm of traditional business ventures. His entrepreneurial journey took off when he co-founded a successful marketing agency, which provided him with valuable insights into consumer behaviour and business strategies. Craven’s foray into the world of cryptocurrencies and online gaming was sparked by a discerning eye for emerging trends and a ceaseless desire to innovate. Even before Stake.com’s inception, Craven saw the unprecedented potential in leveraging blockchain technology to transform the online casino gaming industry. Through Primedice, he gained critical experience and understanding of the market, setting the stage for the future success of Stake.com. In essence, Ed Craven’s background is a testament to his adaptability and foresight. His early days in traditional business combined with his understanding of emerging technologies have been instrumental in steering Stake.com’s success in the dynamic landscape of online gaming. Craven led the company through various challenges and innovations, further solidifying his role as a key figure in its growth.
Bijan Tehrani, the other half of the pioneering duo behind Stake.com, has been instrumental in shaping the platform’s technical prowess. Born in Iran, Tehrani displayed an early affinity for technology and software development. His childhood curiosity transformed into a professional passion, leading him to pursue a degree in Computer Science. Tehrani’s career kickstarted in software development, where he worked on several notable projects. His exposure to blockchain technology during these early years piqued his interest, and he began to delve deeper into this revolutionary digital landscape. Tehrani’s proficiency in software development and his newfound passion for cryptocurrencies eventually intersected when he crossed paths with Ed Craven during the development of Primedice. In the years leading up to the birth of Stake.com, Tehrani honed his understanding of blockchain technology, and its application in the realm of online gaming. His technical expertise and innovative mindset have been fundamental in crafting the unique gaming experience that Stake.com offers today. Tehrani played a key role in developing a wide range of services for Stake.com, including online casino games, live streaming, and other platform features that support marketing partnerships and sponsorship deals. Thus, Bijan Tehrani’s background, steeped in the world of technology and cryptocurrencies, has been indispensable in propelling Stake.com to the forefront of the online gaming industry.
Ed Craven and Bijan Tehrani, co-founders of Stake.com, have amassed significant wealth through their innovative online casino platform. As of 2023, Ed Craven’s net worth is estimated at around 3.1 billion AUD, reflecting Stake’s strong financial performance. Stake.com, known for pioneering cryptocurrency-based betting, has grown rapidly with over six million registered accounts and gross revenues rising from $1.8 billion in 2021 to $4 billion in 2022. The founders have secured high-profile partnerships, including deals with rapper Drake and the Alfa Romeo Formula 1 team, boosting Stake’s global presence. Craven’s success is also seen in his luxury real estate purchases, including Melbourne’s most expensive mansion. The Stake app enhances user engagement by providing access to original games on the go.
| Metric | Value |
| Registered Accounts | Over 6 million |
| Gross Revenue 2021 | $1.8 billion |
| Gross Revenue 2022 | $4 billion |
| Ed Craven’s Estimated Net Worth | Approximately 3.1 billion AUD |
| High-Profile Sponsorships | Drake, Alfa Romeo F1 Team |
| Real Estate Investment | $80 million Melbourne mansion |
| Platform Features | Cryptocurrency betting, traditional casino games, mobile app access |
The extraordinary rise of Ed Craven and Bijan Tehrani, co-founders of Stake, is not only reflected in the company’s global dominance in online casinos but also in the remarkable lifestyles they lead. Ed Craven, in particular, has become a symbol of self-made success in Australia, with the Australian Financial Review estimating his net worth at an impressive $4.51 billion. Forbes Australia has also recognized Craven as one of the youngest billionaires in the world, underscoring the scale of his achievements in the online gaming and crypto gambling sectors.
Craven’s taste for luxury is evident in his real estate portfolio. In 2022, he made headlines by purchasing a mansion in Toorak, Melbourne, for a staggering $80 million—one of the most expensive houses ever sold in Australia. This acquisition, along with another high-value property on Orrong Road, Melbourne, worth $38.5 million, highlights the level of success Stake’s founders have achieved. Beyond real estate, Craven is known for his collection of high-end cars and his active participation in gaming and sports events, further cementing his status as a leading figure in the world of online casinos and sports betting.
The aggressive marketing strategies led by Craven and Tehrani have played a pivotal role in Stake’s meteoric rise. Their approach has brought the company’s branding to the forefront of major sports and entertainment platforms, helping Stake attract millions of users and generate revenues estimated at $4.7 billion. The platform’s wide selection of traditional casino games, including slots, roulette, and sports betting, has made it a favorite among online gaming enthusiasts worldwide. However, the journey has not been without its challenges. Stake has faced scrutiny over its involvement in crypto gambling, which remains banned in much of Europe and the United Kingdom. The company’s presence on Twitch was also curtailed due to concerns about consumer protections, prompting Stake to adapt its services and marketing to meet evolving regulatory standards. Despite these hurdles, Craven and Tehrani have consistently worked to beat public perception, positioning Stake as a leader in innovation and responsible gaming.
The Sydney Morning Herald has chronicled Craven’s humble beginnings, including a memorable family cruise where he won $6,000 playing bingo—a pivotal moment that sparked his interest in gambling. This early experience eventually led him to connect with Bijan Tehrani online while playing Runescape, setting the stage for one of the most successful partnerships in the online casino industry. Together, the duo has built a business empire that s multiple companies and platforms, including the game development company Easygo. Craven’s entrepreneurial spirit was influenced by his father, Jamie Craven, whose own career in the financial sector was marked by both success and controversy. Despite Jamie’s past, Ed Craven has credited his father with instilling in him a willingness to take risks and an acute awareness of the most controversial technologies shaping the industry. In summary, the lifestyle and assets of Stake’s founders are a testament to their vision, resilience, and ability to navigate the complex world of online gaming and crypto gambling. As Craven and Tehrani continue to expand their business and invest in new technologies, their story remains one of innovation, adaptability, and the relentless pursuit of success in the ever-evolving landscape of online casinos and sports betting.
Menu
Previous
