Coindoo Comparison / Understanding the Stake.us License: Legality, Restrictions, and What Players Should Know
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Understanding the Stake.us License: Legality, Restrictions, and What Players Should Know

Last Updated on 14.04.2024

Stake.us is a popular online gaming site that works a bit differently from others. People often wonder if you can use Stake in the US, so they ask about the Stake.us license.

This article is here to help! We’re going to talk about who owns Stake.us, the kinds of games you can play there, and where it’s allowed to operate in the United States. This will help everyone understand more about it!

Ownership and Licensing of Stake.us Social Casino

Stake.us is operated by Sweepstakes Limited. This company has a global presence, with offices located in Cyprus, Australia, Serbia, and also within the US. The official website for Stake.us is (https://stake.us/), and their physical address is 28 Oktovriou, 313 Omrania BLD, Limassol, CY-3105, Cyprus.

Stake.us operates legally in the US. It has a valid license and adheres to the gambling regulations set by the jurisdictions where it operates. While Stake.us is accessible in many US states, it is not available in Kentucky, Michigan, Vermont, New York, Nevada, Washington, and Idaho. If you reside in any of these states, you won’t be able to access the casino platform.

Legality and Restrictions of Stake.us in the US

Stake.us operates legally within the United States. The platform holds a valid license and adheres to the gambling regulations set by the jurisdictions in which it functions. This ensures that players can engage with the platform with confidence in its legitimacy.

State Restrictions

While Stake.us is accessible to a majority of US residents, there are specific states where the platform is not available due to local regulations regarding what states are sweepstakes casinos legal in. These states include Kentucky, New York, Nevada, Michigan, Vermont, Washington, and Idaho. If you reside in any of these states, you will be unable to access and participate in the games and promotions offered by Stake.us.

How to Create an Account with Stake.us in the US

Account Creation Process

Creating an account at Stake.us Casino is a straightforward procedure. To begin, you have two options for registration. You can either use your Google or Facebook account, which auto-fills certain details like your name and email address. However, additional information such as your birth date and state of residence will still be required.

Alternatively, you can choose to manually fill out all the necessary details on the sign-up page. This process involves two forms: one for personal details and another for currency and contact information.

During the first step of registration, there’s an option to enter a promo code if you have one. For example, if you register for a new account using the code COINDOOSWEEPS, you’ll get a $55 No-Deposit bonus, 260,000 Gold Coins and a 5% rakeback on all your losses, reducing your overall risk. Read our guide about how to sign up to Stake.us to see the speediest ways of registering your account here.

Login Procedures

To access your Stake.us account, click the login button located at the top-right corner of the website. If you registered using your Facebook or Google account, you can log in by selecting the corresponding icon. If you opted for manual registration, simply enter the username and password you created. In case you forget your login credentials, there’s a “forgot password” link. Clicking on it and providing the email address you used during registration will guide you through the process of setting a new password.

Playing Games at Stake.us

Stake.us offers a diverse range of games to cater to various player preferences. The platform features popular categories including table games, slots, and live dealer games. Slots constitute a significant portion of the games, each with distinct features, themes, and mechanics. For those interested in classic casino experiences, the platform provides traditional versions of blackjack, roulette, and poker.

In addition to the standard game offerings, Stake.us introduces its exclusive collection known as Stake Originals. These are unique games developed specifically for the platform. Some of the notable titles in this category include Mines, Plinko, Wheel of Fortune, Keno, and Crash. These games are sourced from renowned providers such as Microgaming, Play’n GO, NetEnt, and others.

Payment Methods at Stake.us

While Stake.us operates primarily as a social casino using virtual currencies, there are options for players to purchase additional Gold Coin packages. These packages often come with bonus Stake Cash as an added incentive. It’s essential to understand that these purchases are solely for acquiring virtual currency and not for depositing real money to play games.

For those interested in buying Gold Coin packages, Stake.us offers several payment methods tailored for US players. These methods ensure a smooth transaction process without any associated fees, and purchases are completed instantly. The available payment options include:

  • Online banking
  • Visa
  • MasterCard

It’s important to note that these methods are strictly for purchasing Gold Coin packages. Stake.us does not facilitate deposits or withdrawals in the traditional sense as it operates on a sweepstakes model.

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Conclusion

Stake.us is a special online gaming site that’s different from many others. We checked out its license and found out that, on the whole, Stake is legal in the US. This means players can have fun and play safely. A few states in the US don’t let people use Stake.us, so it’s good to know where it can and can’t be used. The site has lots of games and is easy to use.

If you like playing games online, Stake.us might be a good place for you. If you are creating a new account, remember to use the code COINDOOSWEEPS when registering for a welcome bonus. We hope this article helped you learn more about it. Enjoy playing!

Stake.us License – FAQ

🔒 What is the Stake.us license?

Stake.us doesn’t require a standard gambling license as it is a sweepstakes casino that doesn’t feature any form of online gambling. This means that there is no need to ask questions like, ‘Why is Stake banned in the US?’ because the brand is legally allowed to operate in most states. It’s a sign that Stake.us is a legitimate and trustworthy online gaming site.

How does the Stake.us sweepstakes model work?

Stake.us uses a sweepstakes model, which means players use virtual currencies like Gold Coins for games. While Gold Coins can’t be cashed out, players can win prizes through Stake Cash. This model allows Stake.us to operate legally in many US states, unlike traditional online casinos.

No, while Stake.us is legal in many US states, there are a few where it’s not available. States like Kentucky, Vermont, Michigan, New York, Nevada, Washington, and Idaho restrict access to Stake.us due to their local regulations. Always check local laws before playing.

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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

Trading financial products carries a high risk to your capital, especially trading leverage products such as CFDs. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

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