Stake is neither fully Canadian nor American—it’s an international online casino and sportsbook that started in Australia. Founded in 2017 by two Australians, Edward Craven and Bijan Tehrani, the company is run by Medium Rare N.V., which holds a licence from Curaçao, a small island in the Caribbean known for online gambling rules.
This offshore base lets Stake work around strict laws in places like Canada and the U.S. For example, most Canadians outside Ontario can play on Stake.com using crypto like Bitcoin, enjoying games such as slots, blackjack, and NHL betting markets. In Ontario, though, it’s blocked since 2022 because of new iGaming rules that favour local sites like BetMGM or OLG.
Stake.us is a separate version for Americans, using a sweepstakes model to follow U.S. rules without real-money bets in most states. Canadians sometimes mix them up, but Stake.com supports CAD deposits and fast payouts, making it popular here—for instance, users report winning thousands on football parlays without VPN hassles.
People wonder about its roots because Stake sponsors big teams like UFC and Everton FC, and its logo pops up everywhere online. Check your province’s laws before playing: it’s fine federally in Canada, but Ontario bans it, while places like B.C. or Alberta have no issues as long as you’re over 19.
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