Stake.com was born in the era when online betting was rapidly gaining ground globally. Thus, the platform has been highly discussed due to various factors, such as its celebrity sponsorships, the rise of crypto gambling services, and the global ad campaigns. Stake has become a name in the world of global online gambling. But one query that is most commonly raised is: Is Stake a Chinese company?
Let’s dissect the issue.
What Is Stake?
Stake.com is a cryptocurrency-based online betting and gaming site that went live in 2017. It is designed to offer players the opportunity to bet on not only the traditional casino games, including games like slots, blackjack, and roulette but also live sports events employing cryptocurrency like such as Bitcoin, Ethereum, Litecoin, and other options.
The business behind the platform, Medium Rare N.V., is the holder of both the registration and the license of the brand in the gambling world. In general, Curaçao is an island in the Caribbean known for its online gambling licenses, so this is where the company is registered. Although Stake has a working user base around the world, it is not traditionally available to US, Chinese, or UK customers that do not go through loopholes such as VPNs.
Is It a Chinese Company?
No, Stake is not a Chinese company. There is no available information on any of the public records which states that this company is based there. Moreover, if publicly available records are anything to go by, Stake has no Chinese connections or investors. According to hearsay, the originators of Stake can be traced down to Australia, and it is the place in which the main execution has been handled by the company along with affiliation with other jurisdictions for marketing and business purposes.
Moreover, it is publicly known that Stake has Australian roots from the names of the two co-founders of the company, Ed Craven and Bijan Tehrani. Ed Craven is very famous and known to the Australian tech community through his major role on Easygo which is a company in Australia specializing in gaming software. Craven and Tehrani have been the main center in the development of the Stake’s technical and customer interfaces.
Why the Confusion?
There are a variety of reasons why individuals could be mistakenly under the impression that Stake is a Chinese company:
Cryptocurrency = Global: Due to the fact that cryptocurrencies are decentralized and not tied to any country, many people simply assume that the exchanges are located in countries that have experienced the biggest growth in terms of crypto usage, such as China and the United States.
Offshore Licensing: Stake’s utilization of offshore licenses (similar to many other online casinos) from time to time leaves people in doubt about the actual location of its head office.
Lack of Information: Some people are rather skeptical about the secrecy and remain unobservant of how Stake presents itself. Thus, they take it into their own hands to alter and even spread various online rumors.
Blocked in China: Paradoxically, Stake is forbidden to operate in China since the country, along with other foreign online gambling platforms, has never been open to the use of such entities.

Final Thoughts
So now it’s crystal clear: Stake is an Australian-based gambling company and thus, is remarkably far from being Chinese. It’s not just a company that has gone global, but a company that has met all the regulatory requirements in Curacao and is still expanding its reach in untapped markets while pledging strict compliance with regional laws and regulations.
If what you are considering is whether to start using Stake or you are just curious about the company’s past, it is always necessary to do your own research, especially when real money (or crypto) is involved.
Disclaimer: Gambling laws differ from country to country. Always ensure the legality of online betting in your area, and gamble sensibly.