Stake is an online casino and gambling platform which offers cryptocurrency-based casino games and sports betting. It is owned by a company named Medium Rare N.V., and operates under a gaming licence from Curaco. The platform offers a number of casino games, including slots, roulette, blackjack and live dealer games. Furthermore, the platform also specialises in sports betting covering major sports like football, cricket and basketball.
Stake supports more than 20 cryptocurrencies, including Bitcoin, Litecoin and Ethereum, along with fiat currency options in certain countries. The platform has a mobile-friendly interface and offers round-the-clock customer support through live chat and email. Moreover, it offers bonuses like welcome offers and VIP programs. Stake is active in more than 100 countries worldwide.
Legal Status in India
Stake is now banned in India, following the enactment of Online Gaming Act, 2025 by the Parliament and Presidential approval of the same. This act puts a nationwide ban on all forms of online real-money games, including casinos, poker rummy and sports betting, regardless of whether they are based on skill, chance or both. Online Gaming Act, 2025 is applicable on Stakes because it is an online real-money casino and betting platform.
While free-to-play games and E-sports remain legal, real-money platforms like Stake have been banned. The ban is applicable on all real-money online games in India, irrespective of whether a platform is hosted in India or any other country. Thus, even though Stake is hosted outside India, it is covered under the ban.
Players in India can still access Stake through virtual private network or offshore servers, however such a course of action is highly risky because in the event of detection, your account would be suspended, with your entire deposits/winnings forfeited.
As per the provisions of the Act, operating or authorising payments on Stake or even advertising on the platform are illegal activities.
Earlier Status in India
Prior the enactment of Online Gaming Act, 2025, Stake was legal in most states in India where online gambling was permitted or unregulated. These states included Maharashtra, Delhi, Punjab, West Bengal, Goa and Punjab. States like Tamil Nadu and Karnataka had enacted laws to ban online real-money games, however the High Courts in the respective states had overturned the ban.
Stake did not operate in Andhra Pradesh, Telangana, Assam and Odisha even before the nationwide ban. Reason was these states having their own laws putting a ban on online real-money games and betting.
Santosh Kumar is a Professional SEO and Blogger, With the help of this blog he is trying to share top 10 lists, facts, entertainment news from India and all around the world.
