Stake has become a Crypto Gambling Powerhouse! 🤑💸
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Founded in 2017 by Australia's youngest billionaire Ed Craven and co-founder Bijan Tehrani, Stake has swiftly climbed the ranks to become the seventh-largest gambling group globally in terms of revenues, surpassing established brands like DraftKings and 888.
As a co-founder of Stake, Ed's entrepreneurial spirit and early investments in cryptocurrency have been the driving force behind the platform's success. His innovative approach to online gambling, focusing on the use of cryptocurrencies, has positioned Stake as a pioneer in the industry.
Co-founder Bijan's strategic vision alongside Craven has been instrumental in the platform's meteoric rise. Their combined efforts have created a gambling environment that is not only engaging and diverse but also operates with a high degree of transparency and fairness.
Stake's Mission:
Stake's mission is to provide a seamless and secure gambling experience through the integration of cryptocurrencies. The platform's emphasis on Bitcoin and other digital currencies has attracted a global clientele, particularly during the surge in cryptocurrency popularity.
Stake distinguishes itself with an extensive collection of games and betting options. The platform offers a sportsbook with bets on various sports, eSports, and other markets, as well as a casino section featuring live dealer games and slots, catering to a wide range of gambling preferences.
Fascinating Facts:
Stake processes 6% of monthly Bitcoin payments worldwide and has accumulated nearly 350 million wagers in this popular cryptocurrency. With over 600,000 regular users and 6 million registered accounts, Stake's global influence is undeniable.
The platform's rapid ascent can be attributed to its strategic marketing efforts, including partnerships with high-profile sports clubs and influencers. For instance, rapper Drake's partnership and live-streaming of casino games have significantly boosted Stake's visibility and user base.
Despite its global operations, Stake is licensed in Curacao and adheres to its regulations, ensuring a secure betting environment. The platform is also seeking approval for non-crypto gambling licenses in Australia and Ontario, demonstrating its commitment to expanding within regulated markets.
Stake has built a strong community through its interactive platform and social media presence. The company's engagement with users through live gameplay and responsive customer support has fostered a loyal following.
With its dedication to delivering an outstanding gaming experience and its embrace of cryptocurrency, Stake continues to set the standard for online gambling platforms worldwide.
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