Bijan Tehrani | |
|---|---|
| Born | United States |
| Nationality | Australian |
| Occupation | Entrepreneur |
| Known for | Co-founder of Stake.com, Co-founder of Kick |
| Notable work | Stake.com, Kick, Easygo |
Bijan Tehrani is an Australian billionaire entrepreneur and co-founder of Stake, the largest crypto-backed online casino in the world. He is also a co-founder of Kick, a livestreaming platform. [1] [2] [3]
Tehrani was born in the United States, and later moved to Australia, where he resides in Melbourne. [4] [5]
In 2016, Bijan Tehrani founded Easygo, a company that developed games for online casinos. [6] [7]
In August 2017, Tehrani with Ed Craven co-founded Stake.com, an online casino, which operates using cryptocurrency. [8]
Despite facing restrictions in the United States, United Kingdom, and much of Europe (Italy and Denmark), Stake.com generated $4.7 billion in revenue in 2024. [9] [10] The founders reinvested profits into marketing strategies, including partnerships with major sports organizations including Formula 1, the English Premier League, and the UFC. [11] [12] [13] [14]
Stake's revenue surged during the COVID-19 pandemic, particularly through a partnership with content creators on Twitch who livestreamed gambling activities. This collaboration helped the company grow from $100 million in revenue to $2 billion in two years. [15] However, after Twitch banned Stake from advertising due to concerns about consumer protections, Tehrani and Craven launched Kick in January 2023, a direct competitor to Twitch. [16] [17] Tehrani stated that the platform aims for long-term growth and will either surpass Twitch or acquire it. [18]
In May 2024, Tehrani, together with Craven, acquired a more than 5% of the ASX-listed online bookmaker PointsBet. [19]
In 2025, Bijan Tehrani was included in Australia’s 50 Richest [20] and The World's Billionaires list by Forbes. [15] As of May 2025, Forbes estimated Bijan Tehrani’s net worth at $2.8 billion. [15]