- Are MyStake and Stake Same Company?
- Which Came First?
- How Do Their Licenses and Legal Status Compare?
- What Games and Features Do They Offer?
- How do their game libraries compare?
- Do they offer proprietary games?
- What cryptocurrencies do they accept?
- Do both offer sports betting?
- How Big Is Each Platform?
- What Do Players Say About Each Platform?
- Are Either of These Platforms Scams?
- Which Platform Should You Choose?
MyStake and Stake are two completely different casinos. They have nothing to do with each other.
Stake.com is the massive one — generating $4.7 billion in revenue, founded in Australia back in 2017. MyStake showed up later in 2020, run by a totally separate legal entity. No shared owners, no business relationship.
Both are real casinos, not scams. But the similar names confuse people. You’ll see players on forums constantly asking which one is “real” or whether one ripped off the other. The confusion is understandable — they both use dark websites, both focus on crypto, both have “Stake” in their names.
Here’s what you actually need to know about each one.
Are MyStake and Stake Same Company?
Who owns Stake.com?
Two Australians named Ed Craven and Bijan Tehrani own Stake through a Curaçao company called Medium Rare N.V. Stake pulls in $4.7 billion in revenue and ranks as the seventh-largest gambling group worldwide.
You’ve probably seen their sponsorships. Drake used to promote them a lot. They sponsor a Formula 1 team and have UFC partnerships with fighters like Israel Adesanya and Alex Pereira. That’s how big they are.
Who owns MyStake?
A company called Santeda International B.V. runs MyStake. They’re registered in Curaçao under #151296. According to various press releases and industry publications, the owner and CEO is identified as Andres Markou, who allegedly launched MyStake in 2020.
However, MyStake’s ownership has become controversial. A recent investigation by black market gambling watchdog GAMRS claims Andres Markou may not exist and could be an AI-generated avatar created for credibility. Industry publications have also reported ongoing legal disputes between Stake and MyStake representatives. Some sources claim Markou previously worked at Stake before launching MyStake, but these claims can’t be independently verified.
Unlike Stake’s publicly known billionaire founders, Markou — if he exists — keeps a much lower profile.
Santeda runs five casinos total: MyStake, Velobet, Rolletto, Goldenbet, and Cosmobet. They have a Cyprus office (Santeda International Limited) for EU representation, but the real operation is Curaçao-based.
Is there any business relationship between the two platforms?
None. We checked for partnerships, licensing deals, ownership connections — there’s nothing. They’re separate companies competing for the same crypto gambling customers.
Which Came First?
When did Stake launch?
Stake.com went live in August 2017. It wasn’t really their first rodeo — the same founders had been running Primedice since 2013. By the time MyStake appeared, Stake already had UFC deals, a sportsbook, and serious name recognition in the crypto gambling world.
When did MyStake launch?
MyStake launched somewhere between 2019 and 2020. They showed up to a market where Stake already owned considerable mindshare. Starting three years behind a competitor that big is rough.
Did MyStake copy Stake’s name?
Probably. But we can’t prove it.
There’s no official word from either company about why the names are so similar. MyStake never explained their naming choice. Stake never publicly complained about it. Could be coincidence. Could be intentional proximity to a successful brand. We genuinely don’t know. But the timing — showing up three years after Stake with a name that’s two letters different — raises eyebrows.
How Do Their Licenses and Legal Status Compare?
Both operate mainly on Curaçao licenses.
🏛️ Stake.com Licenses
- Curaçao Gaming Control Board OGL/2024/1451/0918
- Brazil
- Colombia
- Peru
- Mexico
🏛️ MyStake Licenses
- Curaçao eGaming 1668/JAZ
- Union of Comoros ALSI-072403002-F17 ⚠️ rubber stamp
MyStake has never tried to get licensed in tougher markets. They stick to offshore operations where requirements are minimal.
Both platforms block players from the US, France, and other countries — but enforcement is inconsistent, especially at MyStake.
What Games and Features Do They Offer?
The game selection is almost identical. They use the same suppliers.
How do their game libraries compare?
MyStake claims 7,000+ games. Stake says they have 4,000+. Both numbers are probably inflated with variants and duplicates.
What’s actually important. Stake has exclusive deals with major providers that MyStake doesn’t. They get early releases from Hacksaw Gaming before other casinos. They have Pragmatic Play’s “Enhanced RTP” lineup – games with higher return-to-player percentages that you won’t find at other casinos, including MyStake.
Both platforms use Evolution Gaming, Hacksaw, and other major providers for live dealer games and standard slots. But Stake’s exclusive arrangements give them content you literally can’t play elsewhere.
Do they offer proprietary games?
This is where they try to differentiate further.
Stake Originals
Stake built “Stake Originals” – games like Crash, Plinko, and Dice that you can only play there. These are actually popular. Crash especially has a cult following among crypto gamblers. They’re simple, provably fair, and designed for the crypto audience.
MyStake Mini-Games
MyStake has mini-games too: Chicken, Dino, and Penalty. They’re fine, but they don’t have the same player base or reputation as Stake’s originals. Feels more like checking a box than creating something people actually want to play.
What cryptocurrencies do they accept?
20+ cryptos: Bitcoin, Ethereum, Dogecoin, Solana, and more.
15+ cryptos: Bitcoin, Ethereum, Dogecoin, Tron, and more.
Do both offer sports betting?
Yes. Both run sportsbooks covering 70+ sports. The offerings are nearly identical — same major leagues, same events, probably sourcing odds from similar providers. Sports betting platforms are pretty standardized. There’s not much room for differentiation when you’re all pulling from the same odds feeds.
How Big Is Each Platform?
Stake is massive. MyStake is small. The gap is ridiculous.
MyStake’s revenue is literally a rounding error next to Stake’s.
What is Stake’s market position?
Stake generates about $4.7 billion in revenue annually. They claim to process roughly 6% of all Bitcoin transactions globally every month. That number seems insane, but Stake is genuinely one of the biggest crypto gambling operations on Earth.
You’ve seen their marketing. They spend over $100 million yearly on celebrity partnerships. Drake was their main guy until recent events. They sponsor the Stake F1 Team Kick Sauber. They have official UFC partnerships with fighters like Israel Adesanya and Alex Pereira.
When you’re that big, you’re not just a casino. You’re a media presence.
What is MyStake’s market position?
MyStake pulls in an estimated $20+ million annually. That’s a functioning business, but it’s literally a rounding error compared to Stake. They don’t have celebrity sponsors. They don’t have F1 teams. They’re targeting international markets without the massive marketing budget.
What Do Players Say About Each Platform?
The reviews are mixed for both.
How does Casino Guru rate them?
Casino Guru gives MyStake a 9.5/10 safety rating (“Very High”). Stake gets 7.9/10 (“Above Average”). That surprised us too.
MyStake’s higher rating comes from their terms and conditions review. Casino Guru found no predatory clauses in MyStake’s fine print. Some of Stake’s regional sites showed questionable terms that dinged their score.
Casino Guru is pretty respected in the industry, so these ratings mean something. But remember – a high safety rating doesn’t mean the casino is generous or easy to deal with. It just means their written terms are fair.
What are their Trustpilot scores?
Both have 4 stars on Trustpilot. MyStake has 25,400+ reviews. Stake has 13,660+ reviews.
Those MyStake numbers are clearly inflated. Either they’re incentivizing reviews aggressively, buying them, or there’s some other manipulation happening. The math doesn’t add up when a casino 235 times smaller has more reviews than the industry giant.
Four stars suggests most players are satisfied enough at both platforms, but you’ll find happy reviews from people who withdrew their winnings without issues, and angry reviews from people stuck in verification hell or waiting weeks for payments.
Are Either of These Platforms Scams?
✅ Neither is a scam.
Is Stake.com legitimate?
✅ Yes. Stake is a legitimate gambling operation.
- Valid licenses
- Partners with Evolution Gaming & Pragmatic Play
- Operating since 2017, billions in transactions
- Founders are publicly known billionaires
- Players successfully withdraw winnings
Is MyStake legitimate?
⚠️ Yes, but with caveats.
- Has valid licenses
- Uses same game providers as Stake
- Operating for several years
- Players do successfully withdraw
MyStake’s smaller size and unknown ownership make them harder to trust than Stake, but there’s no evidence they’re running a scam.
Which Platform Should You Choose?
They’re different casinos run by different companies. The similar names are confusing, but there’s no corporate connection between them.
Stake is the established giant. They launched in 2017, generate $4.7 billion in revenue, and sponsor Drake and F1 teams. MyStake is the smaller competitor that showed up in 2020 without the marketing budget or brand recognition.
Our Verdict
However, we cannot recommend MyStake given the serious questions about its ownership. Plenty of casinos keep their owners private, and it’s fine. What MyStake allegedly did is different: they created a fake CEO with AI-generated photos to raise credibility. This crosses the line.
Check the domain before you deposit: Stake.com versus mystake.com. They’re separate platforms with different terms, bonuses, and support teams. Accidentally signing up for the wrong one wastes your time.
