Stake Sri Lanka
Established crypto-first casino & sportsbook
Not available lawfully hereIs Stake legal in Sri Lanka?
No. Real-money gambling is banned in Sri Lanka. Under Sri Lanka's Gambling Regulatory Authority Act of 2025, in force since 1 December 2025, in force since 2025, Stake cannot lawfully offer you a welcome bonus here, and you cannot lawfully claim one.
Sri Lanka legalised online betting rather than banning it - but only through operators licensed by the new Gambling Regulatory Authority, which took effect on 1 December 2025 and was intended to be fully operational by 30 June 2026. A licence from the Director-General is mandatory, applicants must be companies registered under Sri Lanka's Companies Act, and a specific digital gambling licence is required to operate online. The other half of that law is why you see no offer here: unlicensed offshore betting sites are explicitly illegal, and the Authority can block them and penalise both the operators and anyone promoting them. We cannot evidence that the operators we cover hold a Sri Lankan digital gambling licence, so we will not point you at one as though we could. If you are in Sri Lanka, check the Authority's own list of licensees rather than trusting any affiliate site, including this one. (Sources cite the Act as both No. 16 and No. 17 of 2025; we report that discrepancy rather than guess which is right.) source
Any Stake bonus you see advertised for Sri Lanka is offered from an offshore site operating against local law. Your payments can be blocked, your account can vanish with a mirror domain, and no Sri Lanka regulator can help you recover funds. We therefore show no offer and no sign-up link on this page. See every licensed betting site in Sri Lanka →
Pros
- Huge crypto casino plus a solid sportsbook
- Fast crypto banking with a wide coin range
- Slick, fast mobile experience
- Established brand with 24/7 support
Cons
- Curacao licence OGL/2024/1451/0918 shows a term ended June 09, 2026 and is marked 'Assessment in progress' - a renewal under review rather than a confirmed licence
- Offshore/Curacao and crypto-first — weaker recourse than a regulated book
- Restricted in the UK, Australia, France, Portugal, Brazil and others
- No standard big welcome match; value is VIP/rakeback-based
- Suffered a large wallet hack in 2023
Our verdict
Stake is one of the biggest crypto-first gambling brands in the world — a huge casino, a solid sportsbook, fast crypto banking and a slick app, backed by high-profile sponsorships. The trade-offs are real: it is offshore/Curacao, crypto-centric, restricted in a long list of countries (UK, Australia, France, Portugal, Brazil and more), and it suffered a large wallet hack in 2023. Strong product, but weaker recourse than a regulated book — use it only where it is licensed to accept you.
How we rated it
Sportsbook & odds (25%)8.5
Strong sportsbook alongside a huge crypto casino; good market depth and live betting, though not the very widest.
Payments & payouts (20%)8.5
Crypto-first with a wide coin range and typically fast payouts; fiat options are limited by comparison.
Mobile & UX (10%)8.5
Slick, fast mobile experience; app availability varies by region.
Customer support (10%)8
24/7 live chat with a generally good reputation.
Bonuses & value (15%)6.5
No traditional big welcome match — value comes from rakeback, reloads and a VIP programme; a code-based bonus applies in some regions.
Trust & licensing (20%)6.5
Established, well-known brand (Medium Rare N.V., Curacao) with high-profile sponsorships, but it is offshore/crypto-first, restricted in a long list of countries (incl. UK, Australia, France, Portugal, Brazil), and suffered a large 2023 wallet hack. Weaker recourse than a UKGC/MGA book. shows a term that ended on June 09, 2026 and is marked 'ASSESSMENT IN PROGRESS' on the Curacao Gaming Authority's register of 15 July 2026. That is a renewal under review, not a revocation and not a confirmed licence - so it neither earns credit nor justifies treating the operator as unlicensed. Curacao licence OGL/2024/1451/0918, held by Medium Rare N.V., shows a term that ended June 09, 2026 and is marked "Assessment in progress" - a renewal under review, which neither earns credit nor justifies treating the operator as unlicensed.
Quick facts
| Curacao licence | OGL/2024/1451/0918 (Medium Rare N.V.) - issued December 09, 2025, expiry June 09, 2026 - status 'Assessment in progress' per the CGA register of 15 July 2026 |
| Founded | 2017 |
| License | Offshore — Curacao (Medium Rare N.V.). Verify for your country. |
| Type | Crypto-first casino + sportsbook |
| Live betting | Yes — in-play sportsbook + live casino |
| Payments | Crypto-first (many coins); limited fiat |
| Apps | Mobile app (availability varies by region) |
| Restricted | UK, Australia, France, Portugal, Brazil, Belgium and others |
How we verified this
Stake's bonus/VIP terms vary by region; shown qualitatively. Confirm on Stake's own site. CURACAO LICENCE: OGL/2024/1451/0918, held by Medium Rare N.V., issued December 09, 2025, expiry June 09, 2026, status 'Assessment in progress' on the Curacao Gaming Authority register of 15 July 2026.
Where Stake is licensed
Stake appears on the official register in 35 countries. Highlighted countries have a full local review — pick yours for its welcome bonus and licence details.
Central America & Caribbean (8)
About Stake
Stake launched in 2017 (founders Ed Craven and Bijan Tehrani) and grew into one of the world's largest crypto casinos and sportsbooks, known for big sponsorships and streamers. It is crypto-first and operates offshore from Curacao, aimed at global players where it is licensed — not at players in the UK, Australia, France, Portugal or Brazil, among others.
Stake FAQ
What is this site's Curacao licence status?
Licence OGL/2024/1451/0918, held by Medium Rare N.V., issued December 09, 2025, expiry June 09, 2026. The Curacao Gaming Authority's register last updated 15 July 2026 records it as 'Assessment in progress'. Reading the register: Curacao issues many licences on six-month terms, and a lapsed term does not mean an operator is unlicensed - the register's STATUS column marks most of those 'Assessment in progress', meaning a renewal is being worked through. Some entries carry no end date at all and are recorded as indefinite. Judging by the dates alone, in either direction, gets it wrong. We are stating this precisely because we got it wrong earlier today: a parsing error made us attach another company's licence data to several brands, including telling readers that six operators held expired licences. None of the brands we checked is marked Expired. That claim has been removed and the scores restored.
Is Stake legit?
Stake is a large, established, Curacao-licensed operator with high-profile sponsorships, and generally pays out crypto quickly. But it is offshore and crypto-first, restricted in many countries, and suffered a large wallet hack in 2023 — so recourse is weaker than at a UKGC or MGA book. Only use it where it is licensed to accept you.
Does Stake have a welcome bonus?
Stake does not run a standard big welcome match. Its value comes from rakeback, reloads and a VIP programme, with a code-based bonus in some regions. Terms vary by region and change, so check the current offer on Stake's own site.
Can I use Stake in my country?
Stake restricts a long list of countries, including the UK, Australia, France, Portugal, Brazil and Belgium. Check it is licensed to accept players from your country before signing up.