World’s Biggest Cypro-Betting Site Founder Just Bought a $28M Melbourne Mega-Mansion
The secret emptor of a A$38.5 million (US$28 million) Melbourne manse has been identified by Aboriginal Australian media as the 26-year-old co-founder of ace of the world’s biggest crypto-betting operations.
Ed Craven naturalized community-based betting weapons platform Stake.com in 2017. Today, it has o'er 500,000 registered users and high-profile sponsorship agreements with the UFC and Watford FC inwards the side Premier League. It also counts multi-platinum record book selling hip-hop star Sir Francis Drake as a trademark ambassador.
The fellowship is estimated to be worth to a greater extent than $1 billion, according to The Sydney Morning Herald (SMH).
Craven also owns Easygo, a B2B crypto gaming software system provider based on the Isle of Man.
How the Other Half Live
His young pad is one of Australia’s to the highest degree expensive homes. The sumptuousness mansion house in Melbourne’s wealthy suburbia of Toorak spans 6,500sq-feet and boasts a three-car garage, quaternary bedrooms (only four?), and as many bathrooms.
The interior is fashioned inward an art-deco title that includes a curving staircase and modernist sculptures. “An in-ground pocket billiards adds to the resort-style backyard with a landscaped garden and outdoor entertainment area,” reads the real-estate factor spiel.
The previous possessor was Will Deague, CEO of attribute develop the Deague Group, who bought the attribute in 2018 for $12.2 million. Deague had the put up knocked cut down and started over, rebuilding the hall from the ground up, and making a 200 percent bring back on his investment.
Craven is upgrading from a A$15 meg (US$10 million) penthouse apartment in Melbourne’s Southbank area, which is also rest home to the Crown Casino Melbourne.
No Aussie Bets
Stake.com was latterly the guinea pig of a SMH “exposé” that questioned wherefore a crypto-online casino based its HQ in Melbourne when online gambling casino gambling is illegal inward Australia.
SMH was perhaps disappointed to acquire that Stake.com does not get hold of any bets from within Australia and hence was not breaking any laws, which made for a pretty toothless exposé.
Nevertheless, SMH raised the logical repoint that the company’s licensing inward Curacao means it escapes the stringent anti-money laundering controls that it would live case to elsewhere.
Stake.com is not licensed in the US and does not admit US customers. But it made its licensed UK debut in December. UK customers can only when play using fiat currency, as the country does non permission crypto betting.