Who Owns Stake.us? Sweepsteaks Limited Profile (July 2026)
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Who owns Stake.us? Sweepsteaks Limited, a Cyprus-registered company (HE436222) that's the US sweepstakes sister of Stake.com, both controlled by EasyGo founders Ed Craven and Bijan Tehrani - and currently defending against the first-ever US government civil enforcement suit filed against a sweepstakes operator. Stake.us also happens to carry one of the strongest Trustpilot scores in our entire database. Both facts are true simultaneously, and we're not going to pretend otherwise.
The company
Sweepsteaks Limited is headquartered in Cyprus and operates as the sweepstakes-model sister entity to Stake.com, which itself runs under Curaçao-licensed Medium Rare N.V. Both fall under parent group EasyGo, controlled by co-founders Ed Craven and Bijan Tehrani. Stake.us launched in 2023 specifically to reach American players through the sweepstakes/promotional-game model rather than Stake.com's real-money structure.
Brand portfolio
- Stake.us - the operator's only US sweepstakes brand, running a library of 1,400-2,500-plus games, crypto-only redemption, and a separate "Stake US - Poker" app product.
The good
Stake.us runs a native iOS app rated 4.6/5 across 8,000-plus reviews, and its Trustpilot score sits at 4.4-4.6/5 - notably high given everything below. Reviewers praise fast crypto redemptions and describe "no recurring pattern of non-payment," which matters more than most metrics in a category where slow or denied payouts are the most common player complaint.
The documented bad - the most severe legal exposure in this category
We're not aware of any other operator in the US sweepstakes space carrying this much active litigation at once:
- August 29, 2025 - Los Angeles City Attorney Hydee Feldstein Soto filed the first-ever US government civil enforcement action against a sweepstakes operator, naming Stake.us, its affiliated streaming platform Kick, founders Craven and Tehrani, and 12-plus gaming suppliers, alleging an illegal gambling enterprise under California's Unfair Competition Law and False Advertising Law.
- A New Jersey class action names Stake, Kick, and streamers Drake, Adin Ross, and DJ Akademiks, alleging a scheme promoting illegal gambling to NJ residents.
- A New York lawsuit, filed around April 7, 2026, alleges the platform enabled underage gambling (ages 13-19) and names Coinbase as an alleged crypto on-ramp.
- A Virginia federal class action (January 3, 2026) accuses Drake and others of using Stake.us for racketeering, tied to allegations of artificially boosting music streams.
- A Missouri class action (October 27, 2025) separately names Stake.us and Drake as co-defendants.
- As of May 2026, 14-plus public lawsuits or civil enforcement actions involve Stake or related entities across multiple states.
- The LA suit's supplier allegations directly triggered Pragmatic Play's September 2025 exit from the entire US sweepstakes vertical after Pragmatic was named as a Stake.us supplier.
- Stake.us announced an Illinois exit effective May 19, 2026, after being named in the state's February 2026 cease-and-desist wave.
Should you trust Sweepsteaks Limited's casino?
This is the one operator in our directory where we'd tell you to separate "does it pay out" from "should you be comfortable with the legal picture." On the first question, the evidence says yes - strong Trustpilot data, a well-rated app, and no documented pattern of withheld redemptions. On the second, Stake.us carries more active litigation, including a first-of-its-kind government civil enforcement suit, than any other brand we cover. Stake.us sits in the Caution tier of our blacklist - not a shutdown, but flagged for exactly the reason this page exists: strong player-facing performance running alongside the heaviest unresolved legal exposure we track. "Check the news before you deposit" is the most literally useful advice we can give here.
Read our full Stake.us review, see where it ranks on this month's top 10 rankings, and check the state eligibility matrix - Stake.us is unavailable in roughly 18 states.
21+ only. Problem? Call or text 1-800-GAMBLER. Responsible gaming resources.
FAQ
Who owns Stake.us?
Sweepsteaks Limited, a Cyprus company under the EasyGo group, the same ownership structure behind Stake.com, controlled by Ed Craven and Bijan Tehrani.
Is Stake.us legit?
Its Trustpilot record and payout reputation are strong. It's also defending 14-plus lawsuits, including the first US government civil enforcement suit ever filed against a sweepstakes operator - both are accurate at once.
What is the LA City Attorney's lawsuit about?
Filed August 29, 2025, it alleges Stake.us, Kick, its founders, and 12-plus suppliers ran an illegal gambling enterprise under California consumer-protection law - the first such government suit against any sweepstakes brand.