Stake.com’s crypto billionaire Ed Craven reports nearly half a billion in revenue

One of gambling billionaire Ed Craven’s private companies has reported more than half a billion dollars in revenue in the 2023-24 financial year, as his crypto casino Stake.com continues to grow.

Craven, the buyer of the $88 million record-breaking “ghost” mansion in Melbourne’s Toorak in 2022, also runs the controversial live-streaming site Kick.com, which has been accused of socialising children to gambling. Craven was valued at $4.5 billion in the 2024 Australian Financial Review Rich List.

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