StakeKings

What StakeKings does

StakeKings operates an online staking marketplace that links professional poker players with financial backers (investors). Players list tournament packages with markup values (typically Mrkp 1.02–2.00) and availability percentages; backers purchase fractional equity in those packages and receive a proportional share of any tournament winnings. The platform supports multiple poker networks — WPT Global, GGPoker, PokerStars, Coinpoker, Championpoker, and Partypoker — and offers supporting features including a public Hall of Fame tracking player ROI and winnings distributed, and a monthly leaderboard that awards bonus cash to top backers based on a points system (1 point per dollar received in staking winnings). The marketplace has facilitated over $23.7M in cumulative winnings paid out to users since operations began in late 2015.

The company generates revenue from transaction-related fees on staking packages and from discretionary promotional credits subject to a 10x play-through requirement before withdrawal. Secondary revenue mechanics include a 5%/month dormant account custodial fee (applied after 18 months of inactivity) and, through the acquired TeamStake.com subsidiary, a VIP management fee of up to 25% on fantasy sports league entry fees. StakeKings' core customer segments are poker players seeking capital for tournament buy-ins and backers seeking exposure to poker winnings without playing; the TeamStake acquisition in August 2024 added fantasy sports league commissioners and participants as a secondary segment.

StakeKings Inc. is a privately held Delaware-incorporated entity. No funding rounds, institutional investors, or public market listings are disclosed in the source material, suggesting founder-owned or bootstrapped operations. On August 1, 2024, StakeKings acquired TeamStake.com, a fantasy sports league management platform, and re-launched the combined platform with advanced league management tools, multiple payment options, and a new staking feature for fantasy sports events. The Terms of Service are governed by Delaware law, and the company maintains an active Discord community channel as its primary engagement mechanism. No revenue, headcount, or AI/ML capabilities are disclosed.

Name

StakeKings

Legal name

StakeKings Inc.

Website

https://stakekings.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

StakeKings operates an online staking marketplace connecting professional poker players with financial backers who purchase fractional equity in tournament entries and share in winnings. The platform serves poker players and investors across multiple poker networks and expanded into fantasy sports league management via its 2024 TeamStake.com acquisition.

Ownership category

akta.pro rank

Product category

Online gaming marketplace

NAICS

Other Gambling Industries (713290), Other Gambling Industries (71329)

akta.pro primary industry

Poker Player Services & VIP/Travel (Hosts, staking facilitation, concierge) (MPAEAEAO)

akta.pro secondary industries

Peer-to-Peer Financial/Spread Betting Exchanges (MPAEAIAC), Fantasy Contests, Leagues & Tournament Organizers (MPAEAHAF), Fantasy Sports Communities & Social Platforms (MPAEAHAH)

Keywords

• Poker staking marketplace
• Fantasy sports management
• Tournament equity packages
• Staking investment platform
• Online gaming marketplace

Headquarters

HQ city

Scottsdale

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Technology or R&D, Operations, Marketing or Sales, Personnel, Infrastructure

Revenue model

1. Package Transaction Fees: StakeKings facilitates staking transactions between poker players and backers. The platform earns from transaction processing and package sales.
2. Promotional Credits and Bonuses: Platform issues promotional credits subject to 10x play-through requirements before withdrawal eligibility.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

StakeKings operates an online marketplace where poker players list tournament equity packages (shares of buy-ins) with markup-based pricing, and financial backers purchase proportional stakes and receive winnings distributions. The platform also supports fantasy sports league management via its acquired TeamStake product, plus ongoing engagement features like a public Hall of Fame leaderboard and monthly points-based competition with bonus cash prizes.

Product overview

StakeKings operates a unified platform anchored by the StakeKings Marketplace — a poker staking marketplace where backers purchase equity packages in professional tournament players and receive proportional winnings. The portfolio also includes the acquired TeamStake fantasy sports league management platform, which provides payment collection and distribution tools for commissioner-run leagues. Supporting features include the Hall of Fame (public performance leaderboard of backed players and their backers) and the Monthly Leaderboard (a recurring promotion awarding bonus cash to top backers based on staking winnings).

Differentiator

Problem solved

Functional benefit

Products and services

• StakeKings Marketplace A staking marketplace where backers purchase equity packages (shares) in professional poker players' tournament entries. Players list packages with markup-based pricing (Mrkp 1.02 to 2.00+) and backers buy a percentage of the buy-in and receive proportional winnings.
• TeamStake Fantasy Sports League Management A fantasy sports league management platform providing software and payment tools that enable league commissioners and participants to collect, hold, and distribute entry fees and payouts for fantasy sports contests. Now a wholly-owned subsidiary of StakeKings Inc.
• StakeKings Monthly Leaderboard A recurring monthly competition that rewards backers with bonus cash and prizes based on points earned (1 point per dollar of staking winnings received), with tiered prize structures for top performers.
• StakeKings Hall of Fame

Quantifiable outcome

• Over $23.7 million in total winnings paid out to users historically
• +2 more outcomes

Named customers20 records

Segments2 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• TeamStake.comcoreStrategic or Co-development Partner · 1 August 2024StakeKings Inc. acquired TeamStake.com, a fantasy sports league management platform, on August 1, 2024. The acquisition expanded StakeKings' services to include advanced management tools, multiple payment options, and new features like staking for fantasy sports leagues and events. TeamStake LLC and TeamStake.com are wholly owned subsidiaries of StakeKings Inc.

Scale indicators13 records

Recent moves4 records

Expansion highlights5 records

Direct peers

• PokerShares: Peer-to-peer poker staking marketplace that lets backers buy pieces of tournament entries; competes directly with StakeKings for both player listings and backer capital.
• PokerStake: Poker staking marketplace that facilitates the sale and purchase of tournament action between players and investors, directly competing with StakeKings in the same niche.
• Cardmates: Online marketplace and community for poker players and backers to arrange staking deals, with a similar two-sided model connecting investors with tournament players.
• YouStake: Staking marketplace focused on poker tournament action selling, offering a comparable platform where players list packages and backers purchase shares of potential winnings.

Emerging players

• Make Me Poker Staking: Smaller-scale poker staking platform connecting players and backers; competes in the same category but with a smaller catalog and community footprint.
• Underdog Fantasy: Fantasy sports platform with pick'em and best-ball contests; overlaps with TeamStake's fantasy league management offering in target customer and category.

Broad incumbents

• GGPoker: Major online poker network that hosts many of StakeKings' staked tournaments. A core distribution channel and a potential competitor if it builds in-platform staking.
• PokerStars: Largest online poker operator; the underlying venue for many StakeKings-listed tournament packages. A potential vertical integrator if it launched native staking, and an important distribution partner.
• DraftKings: Large fantasy sports and sports betting operator; relevant as a competitive incumbent in the broader fantasy sports space where TeamStake is positioned.
• WPT Global: Online poker room and World Poker Tour brand platform; one of the venues where StakeKings packages are listed, and a potential direct competitor in staking.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/StakeKings
• Facebookfacebook.com/TheStakeKings
• LinkedInlinkedin.com/company/stakekings

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about StakeKings