Sky News: “Accounts For Stake.com For Sale On Social Media”
Research by Sky News shows that it is very easy to gain access to well-known online casinos such as Stake, even in countries where the gambling site isn’t regulated. Via social media, accounts for various crypto casinos are offered for less than $10 (10,74 NZ$). These accounts have already gone through the verification process, allowing the buyer to readily make real money bets with the accounts.
According to research by Sky News, hundreds of crypto casino accounts are offered for sale via various social media platforms. The accounts have already gone through the verification process and can be easily and instantly used for gambling. The most offered and requested accounts for international gambling sites are for Stake.com. Although Sky News has focussed its research on the UK, Stake.com accounts are also sold in other countries where the site is not regulated and thus not officially available on the net.
Stake also enjoys enormous popularity in the United Kingdom, despite the fact that the online casino does not have a British licence. Its global popularity is thanks to influencers such as the Canadian rapper Drake who actively promote the casino. Stake.com is also known as a crypto casino that accepts both deposits and withdrawals in crypto.
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Easily Accessible, Despite Geoblock
Geoblocks in countries such as the UK, Sweden and The Netherlands do not make it impossible to gamble at Stake.com. According to Sky, gamblers are even encouraged to use a VPN connection to work around the block and access the platform. Once a player has gained access and created an account, they must go through four verification processes including a proof of identity and proof of address details. In countries where the website is considered illegal, this is not possible as players are not able to use their own personal data.
The accounts offered for sale have already gone through all these steps. These multi-crypto casino accounts can be purchased from $10 (10,74 NZ$) via platforms such as Facebook, Instagram, Telegram, X, and Discord. So-called Premium Accounts, that have a higher VIP status and thus more favourable bonuses and withdrawal terms are also offered for higher amounts. Premium accounts are for sale for thousands of dollars. Sky News stresses that Stake.com has no role in the trading of accounts via social media and that this is merely organised by private individuals, not the gambling site itself.
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Online Accounts For Sale on Social Media
Hundreds of ‘ready-to-gamble’ crypto casino accounts are openly sold on Facebook and other social media. Researchers of Sky News found it is simple to get around the barriers intended to block British gamblers. The news platform thinks that social media platforms have an important role to prevent trading in accounts at crypto casinos. Based on the results, Sky News therefore contacted different social media companies about the sales and some of them took immediate action. TikTok, Meta (Facebook), and Discord, amongst others, removed the accounts and channels where crypto casino accounts were traded. X (Twitter) and Telegram did not respond to the messages from the British news channel.
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Stake.com is an internationally available crypto casino that was established in 2017. It operates with a licence from Curaçao and promotes its brand via brand ambassadors as Drake and sponsorship deals with Everton FC and the Sauber F1 Team. Other than working with crypto, players can expect a regular casino offer including online pokies, sports betting and a live casino. Stake.com is available for players in New Zealand despite that online gambling has not been regulated in our country. Offshore operators, including gambling sites from Curaçao, are allowed to offer their gambling products in New Zealand.
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Stake.com is the new main sponsor of the Sauber F1 team for the next two seasons. Last year the company was already co-sponsor of the F1 team, which was then known as Alfa Romeo F1 Team Stake. As of this year the team will use the name Stake F1 Team.
Last year, Stake became a co-sponsor to Sauber’s Formula 1 team, as part of Alfa Romeo F1 Team Stake. As of the new year, the online casino has upgraded its sponsorship deal with the racing team. Stake has become the new main sponsor, taking Alfa Romeo’s place. The crypto casino has committed itself to Sauber for a period of two years, as arrangements have been made with Audi for 2026.
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Car Launch Planned For February
As part of the new agreement, Stake will grandly present the launch of the racing team’s new F1 car, the Sauber C44. This will take place on February 5, 2024 in London. Kick has acquired the right to hold the name of the chassis of the new F1 car for the next two racing seasons, the Sauber Group announced on its website.
“We are thrilled to announce our new partnership that gives us the chance to provide our Formula 1 team a new identity, marking the beginning of the F1 season with a daring team name: Stake F1 Team. Driven by an intense passion for speed, innovation, and pushing the limits, we find ourselves perfectly positioned to lead this team to unprecedented heights starting from 2024 and extending into the future. The upcoming years promise an exhilarating journey, featuring groundbreaking activities that will reshape the definition of excitement both on and off the track. Prepare for an exciting future as the Stake F1 Team accelerates towards new horizons – stay engaged and witness the thrilling ride ahead!
Edward Craven, co-founder of Stake.com
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Stake Or Kick?
Stake.com streaming platform Kick plays another significant role in the promotional activities during F1 events. In countries where a Grand Prix is held but gambling advertisements are prohibited, Kick.com will take over Stake’s advertising space. Kick.com was founded by the crypto casino owners in December 2022 as an answer to Twitch’s ban on online gambling ads which also affected Stake.com’s online marketing activities. China, Bahrain, Japan, Qatar, and Singapore, among others, have bans or restrictions on gambling advertisements. These countries all host an F1 Grand Prix. Sauber F1 Team also worked around the ban in 2023 with Kick, when Stake was still the co-sponsor.
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Stake’s Global Marketing Machine
Stake’s marketing activities are not only limited to sponsorships in Formula 1. The online crypto casino has set up various sponsorship deals in professional football. The crypto casino is the main sponsor of Premier League club Everton, despite the opposition of the club’s fans. Stake is also known for its intense collaboration with the Canadian rapper/singer Drake. The Canadian artist regularly streams his gambling adventures at the Stake.com. Drake’s activities have been widely criticised, amongst others, due to his relatively large bet sizes.
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