‘Desperate cash grab’: Australian casino billionaire named alongside Drake in lawsuit
Australian billionaire Ed Craven is named in a lawsuit alongside rapper Drake, accused of operating an illegal online gambling platform. The lawsuit claims that the platform, Stake, was used to inflate streaming numbers and exploit vulnerable consumers. Stake has denied the allegations, calling the lawsuit a 'desperate cash grab.'
- ▪Ed Craven is accused of running one of the largest illegal online gambling operations in American history.
- ▪The lawsuit alleges that Stake was used to build a 'modern-day pyramid scheme' to inflate Drake's streaming numbers.
- ▪The lead plaintiff is seeking damages exceeding $5 million and an injunction against Stake's operations in New Jersey.
Opening excerpt (first ~120 words) tap to expand
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.