An Australian compnay, Easygo Entertainment PTY Ltd Net Worth is $1 billion in 2024. Notably, it owns Kick Streaming, a video livestreaming platform competing fiercely with Amazon’s Twitch. Founded in 2022 by Bijan Tehrani, Ed Craven, and Trainwreckstv, Kick stands apart with its loose moderation policies and generous revenue shares for streamers. Securing deals from prominent ex-Twitch stars like Hikaru Nakamura, Nickmercs, Adin Ross, Amouranth, Ice Poseidon, and xQc, Kick averages a staggering 235,000 daily livestreams as of June 2023. Owned partially by Ashwood Holdings (belonging to Ed Craven, Stake.com co-founder with a one-third stake), the remaining two-thirds of Easygo Entertainment belong to Bijan Tehrani, Stake.com’s other co-founder.
History of Easygo Entertainment Pty Ltd
Easygo Entertainment Pty Ltd is an Australian startup. It entered the online gambling market with Stake.com, a crypto casino. Even though it’s based in Melbourne, they use a foreign license from Curacao to operate. Their player-focused games, cutting-edge platforms, and calculated North American entry contributed to their success. Customer happiness, innovation, and diversity are priorities in their unique business strategy, boosting their high net worth. Their growth aided Australia’s economy by creating jobs, advancing tech, and raising GDP.
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Factors: Why Easygo Entertainment Pty Ltd Net Worth is High
Easygo Entertainment Pty Ltd has a substantial net worth. Firstly, it has many income streams, like online gambling earnings from Kick and Stake. These sites offer casino games and sports betting for growing online gambling demand. Additionally, Easygo profits from ads, merchandise, and sponsorships.
Secondly, Easygo uses data analytics smartly in the entertainment industry. It leverages data for strategic purposes: market research, consumer insights. This streamlines operations, personalizes offerings, and outmaneuvers rivals.
Thirdly, Ed Craven, an Australian billionaire worth $2.01 billion, partly owns Easygo. His Australian roots and leadership boosted the company in online gaming. It revolutionized the sector with VR experiences and live casinos.
Lastly, Easygo expanded into North America, using strengths and customer focus for global success. This expansion increased its net worth, making it a major global entertainment player.
Easygo Entertainment PTY Ltd’s Business Model
Easygo Entertainment provides online gaming through platforms like Kick and Stake. It offers entertainment options such as casino games and betting on sports. The company earns revenue from advertising, merchandising, and sponsorship deals. This diversity allows Easygo to adapt as markets and customer tastes change.
Moreover, it uses advanced technology to improve gaming platforms and user experiences. This gives Easygo a competitive edge in digital entertainment. Leveraging technology has driven innovation, revolutionizing how people game online and interact with brands. Tech is a key strategy for Easygo’s success.
Furthermore, Easygo aims to become a global entertainment leader by expanding into new markets like North America. Investing in technology, customer experience, and growth positions Easygo for sustained influence. By continuously evolving, the company solidifies its dominance in Australia’s entertainment industry and beyond.
How has Easygo Entertainment PTY Ltd’s Net Worth Changed Over Time
Stake.com’s parent firm, Easygo Entertainment Pty Ltd, has experienced rapid expansion in recent years. A $38.5 million Toorak home in Melbourne, Australia, was bought by co-founder Ed Craven in 2022, a sign of the business’s growth and prosperity. Since its founding in 2017, Stake.com has handled billions of wagers totalling $1 billion on sports, slots, and casino games. Craven and Tehrani established Kick Streaming Pty Ltd in 2022 as a rival to Twitch, which is owned by Amazon. It is clear that the corporation has an impact on the livestreaming and online gaming sectors.
What are Some of Easygo Entertainment PTY Ltd’s Most Successful Projects
Easygo Entertainment Pty Ltd and Starhub have worked together successfully. They did key projects in entertainment.
StarHub TV+
This hybrid streaming service combines IPTV favorites and hot OTT brands. Users can watch content anywhere, anytime, on any device. The platform saw a 2.4x rise in on-demand viewing hours. There was a 22% increase in live channel consumption (OTT vs IPTV). Over 100K hours of non-stop entertainment were enjoyed.
Content Expansion
StarHub added popular OTT apps like Disney+ and Amazon Prime. Now there are 10 integrated OTT apps[1]. In January 2021, StarHub became the exclusive distributor of Disney+ in Singapore. This deal gave access to over 500 films and 15,000 episodes from six iconic Disney brands.
GeForce NOW Powered by StarHub
This cloud gaming service is from an exclusive NVIDIA partnership. StarHub is the first in Southeast Asia and only operator in Singapore offering GeForce NOW. Over 1,000 premium games are available, including 80 major free-to-play titles like Apex Legends, League of Legends, Dota 2, and Destiny 2.
StarHub TV+ as a Platform
StarHub TV+ seamlessly combines the market’s most comprehensive over-the-top (OTT) portfolio with linear offerings. This makes it key to powering the DARE+ Infinity Play vision.
DARE+ Initiatives
It’s aim to transform it beyond just a telco service. It strives to create a “Connecting Your Digital World” platform. Building upon DARE 1.0’s success, where StarHub excelled in video experience, download speed, and topped customer satisfaction rankings. DARE+ now pushes forward, expanding StarHub’s digital reach. It led in five network performance categories, proving its prowess. The company also took first place in Singapore’s Customer Satisfaction Index for mobiles, two years running. A remarkable feat, underpinning DARE+’s ambitious vision.
FAQ’s
What services does Easygo Entertainment PTY Ltd offer?
Easygo Entertainment provides game creation, design, product work, and user experience services. They utilize technologies like Svelte, Node.js, TypeScript, Redis, Kubernetes, GraphQL, JavaScript, SQL. Easygo teamed with NVIDIA for cloud gaming in Singapore. The company also added content to StarHub TV+ from popular streaming businesses.
What is the misson of Easygo Entertainment PTY Ltd?
EasyGo Entertainment has no clear mission. Their website lacks a defined statement. But, they say they make smart online products. Cutting-edge tech excites them. Workers get tools for growth. They create inclusive spaces – everyone feels safe and able to thrive. Revolution drives them in entertainment. Challenging the norm motivates their work.
What is the target audiance Easygo Entertainment PTY Ltd?
Folks who love online fun, games, and cool tech are Easygo’s target audience. They serve gaming fans, sports lovers, and web3 crypto enthusiasts. Easygo works with big iGaming brands like Stake.com, Kick.com, and Twist Gaming. Offering online casinos, sportsbooks, streaming platforms, and game design. Their goal? Shake up online entertainment for all kinds of users who dig creativity, excitement, and awesome experiences.