Stake.com: the Aussie gambling minnow that made it big on crypto

Australian gambling platform Stake.com has grown to become the world's seventh largest gambling group by revenues, thanks to crypto gambling and aggressive marketing campaigns. The company has high-profile sponsorship deals and endorsements, including a $100mn a year deal with Drake. Stake.com is li

March 31, 2023 . 7:06 PM

1 min read

Stake.com, launched in 2017, has grown to become the world's seventh largest gambling group by revenues.
In 2020 it generated gross gaming revenues of $105mn and nearly $2.6bn in 2022.
Stake.com accepts crypto and many of its users are located in 'grey' markets.
The company has high-profile sponsorship deals and endorsements, including a $100mn a year deal with Drake.
Stake.com is licensed in Curaçao and has pending non-crypto gambling licenses in Australia and Ontario.