Where is Stake.us located? Look for a US street address and there isn’t one — the site that hands out Gold Coins and Stake Cash to American players is run by a Cyprus-registered company, under an Australian parent, and the “Stake” name on the login screen doesn’t point to the entity you’d expect either.

The Operator: Sweepsteaks Limited, Cyprus

Stake.us is run by Sweepsteaks Limited, a company incorporated in Cyprus under registration number HE436222, with a registered office at 7 Patrikiou Loumoumba, Block A, Office A13, 7560 Perivolia, Larnaka. That is a different company — and a different country — from the one that runs Stake.com.

Two entities, two jobs: Medium Rare N.V., registered in Curaçao, operates Stake.com, the offshore crypto casino that blocks US players entirely. Sweepsteaks Limited, registered in Cyprus, operates Stake.us, the sweepstakes site built specifically so American players have a legal way to touch Stake-branded games. Same look, same brand, two separate legal entities in two different jurisdictions.

The Parent Company: Melbourne, Australia

Both entities trace back to Easygo Group Holdings Pty Ltd, headquartered in Melbourne, Australia, and founded in 2016 by Ed Craven and Bijan Tehrani. Easygo built Stake.com in 2017, then launched Stake.us in 2022 to give US players a sweepstakes-model path to similar games without running afoul of American gambling law. Tehrani holds roughly two-thirds of Easygo; Craven holds the rest through his own holding company, Ashwood Holdings Pty Ltd. Easygo also owns Kick, the livestreaming platform, out of the same Melbourne offices.

Why Cyprus, Not a US State

Stake.us is not licensed as a casino under any US state’s gaming law — it runs as a sweepstakes promotion instead, which is exactly why its operating entity sits in Cyprus rather than New Jersey or Michigan. Gold Coins carry no cash value, and Stake Cash, the redeemable currency, is given away free rather than sold, which is the legal structure that keeps the site inside sweepstakes law in most states rather than gambling law. A Cyprus company registration governs Sweepsteaks Limited as a business; it is not a US gaming license and doesn’t connect a Stake.us player to any state regulator’s dispute process the way a licensed operator would.

Location Doesn’t Mean Out of Reach

A Cyprus operator and a Melbourne parent can look like they put Stake.us beyond a US regulator’s reach. 2026 said otherwise: the Illinois Gaming Board sent cease-and-desist letters challenging the legality of Stake.us’s sweepstakes model in the state, and rather than fight it, Stake.us exited Illinois entirely, effective May 19, 2026. No US address made that faster to enforce — a state simply pressured the brand directly, and the brand chose to leave rather than contest the state’s position. The overseas registration slowed the process down compared to acting against a US-headquartered company, but it didn’t make Illinois powerless.

What the Location Actually Means for Players

  • No US gaming commission stands behind Stake.us. A payout dispute has no state gaming board to escalate to the way it would with a licensed online casino.
  • Cyprus registration covers Sweepsteaks Limited as a company, not a player’s individual account or any specific state’s consumer protections.
  • State-level pressure still works, as Illinois’s 2026 exclusion showed — an overseas registration slows enforcement, it doesn’t block it.