Stake Powers Crypto Gambling Growth for the Easygo group, which posts a A$257m profit on A$970m revenue for the year June 2025.
It’s hardly surprising to the team here at Casinoplusbonus, particularly as we know the platform well, but Stake.com’s parent company, Easygo Group Holdings, has reported huge profits for the financial year ending 30 June 2025.
The firm, which also operates the successful Kick streaming platform, filed a net profit of A$257 million on A$970 million in revenue with Australia’s corporate regulator. Adding to that, a tax bill of A$152 million also came out of that revenue, clearly showcasing just how much of a monolith the group and its products have become.
Follow the money – the Easygo revenue picture
It’s obvious to the eye that Easygo is an incredibly well-run operation that leans heavily on aggressive marketing, celebrity collaborations and the use of social media platforms and affiliates to get its products in front of its target audience. However, the level of success it has enjoyed really cannot be downplayed. Crunching the numbers reveals an approximate 26% profit margin, an exceptional performance by gambling and tech industry standards.
The strength of the balance sheet is just as striking. Easygo reported A$5.07 billion in net assets, a figure heavily influenced by a December 2024 internal restructuring. That move saw a portfolio of assets and liabilities transferred for A$4.78bn, funded through the issuance of 1.728 million shares to the company’s founders at A$2.77 per share. The end result is a balance sheet built for scale, not one inflated by a short-term surge.
Easygo is led by Australian entrepreneur Ed Craven and his partner Bijan Tehrani. The two previously created a Dice crypto game called PrimeDice before starting Easygo and taking their first steps towards becoming billionaires.
Stake is the core driver
There’s no doubting that Kick, a streaming platform that is quickly becoming the main rival to Twitch, has played a big part in the success of Easygo. But Stake is the platform that remains central to the group’s continued success. Within around a short 8 years, the platform has grown to become one of the biggest players in a competitive online gambling market.
Reported figures attribute more than 21 million registered accounts to Stake globally, alongside gross gaming revenue exceeding $4.5 billion in 2024. These are the sort of figures that underline just how large the Stake ecosystem has become, as highlighted by Australian business journalist John Stensholt.
Why Stake.com has been so successful
Launched in 2017, Stake used a completely different strategy to force its way to the top than had ever been seen before. Through a mix of aggressive marketing, sponsorships and collaborations with influencers and streamers, and an overall strong use of the internet and social media, the casino quickly became ‘the’ trending platform.
A good example is the strong links to Drake (the rapper) and by paying streamers to play on the site, Stake was the site that appealed the most to the younger gambling generation. To put it bluntly, it still is. Thanks to that early success, the crypto-focused casino has also been able to invest in its product to make it a viable destination for everybody else, and not just the social media-loving young.
That has included the creation of popular in-house games and jackpots, bolder promotions than other sites could run and continually adding support for a wider variety of cryptocurrencies.
Sponsorhips have played a huge part in Stake’s success. The platform has been the shirt sponsor for numerous football teams, including Everton and Watford, and a main sponsor of the Sauber Formula One team. However, the platforms US$100 million partnership with Drake is one of the main reasons for the sites early growth.
Casinoplusbonus Opinion – Looking for a new crypto casino to play at in 2026?
Stake.com has always been a leader in crypto gaming, even though its head office is based in a country where online gambling is effectively illegal. The owners have had to make sure that Aussies cannot access the site, which, thanks to its strong security system, Stake has managed very well.
In 2026, we’ll be giving the casino another test run, playing games, testing deposits and withdrawals, customer services and more, so keep your eye out for our new 2026 Stake.com online casino review.
One of the attractions of this online crypto casino is that it offers unique promotions we don’t see hosted on other sites, and it looks after its high rollers. On top of this, there is widespread support for multiple cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), DOGE (DOGE), EOS (EOS), and Tron (TRX).
The question is, are there online casino alternatives that are good enough to challenge Stake.com? Possibly is the answer. We like the idea of free crypto bonuses at Lucky Hunter and Bet and Play online casinos. You can find out more about these online casinos via our wagerless crypto casino bonuses guide.
Leave A Comment