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“Stake(The gambling site)” is ruining indian youth mindset and financial

In Business
January 21, 2025

Stake is a gambling base site which very popular among youth also known as GENZ kids its origin is curaçaoan(island)which is nearly located in South America

EASY GO is the parent company of the stake Austrian billionaire Ed Craven Stake very popular among the youth worldwide because of the technique it uses to cater to the audience and keep them engaged in its business they endorse big names like Drake, Karan Aujla, Raftaar, and Samay Raina these people have a huge fan base and cult people who follow them blindly

THE TECHNIQUE THEY USE TO

They use a rank system to segregate their user into 6 ranks user need to wager a certain amount to reach that level in exchange they have bonuses and Rakeback

. Rakeback is a form of cashback provided on the basis of bets placed on casino games

. Weekly bonus: A weekly bonus is given every Saturday at 6 PM IST based on bets placed on that week

. Monthly bonus : A Monthly bonus is given every month depending on bets that have been placed that month

Stake’s mine games very popular among young people have faced huge losses because of greed and the urge to become racks to riches.