High-profile entertainer Drake and streamer Adin Ross are confronting a class-action lawsuit for their involvement in promoting Stake, a social casino platform accused of operating as an unlawful gambling enterprise. The legal action alleges that the celebrities generated millions in revenue through deceptive advertising campaigns that misrepresented the platform’s operations.
The lawsuit contends that Stake, marketed as a social casino, functions as an unlicensed gambling service, exposing users to potential financial risks without proper regulatory oversight. Plaintiffs argue that Drake and Ross failed to disclose the true nature of their financial relationships with the platform while encouraging audience participation through their promotional content.
Legal representatives for the plaintiffs characterize the promotion tactics as fundamentally misleading, claiming the influencers’ endorsements concealed the platform’s operational realities. The case highlights growing concerns about celebrity involvement in cryptocurrency and gambling-adjacent platforms, particularly regarding transparency and consumer protection.
The litigation seeks to establish accountability for promotional practices in emerging digital markets, emphasizing the need for clearer disclosure requirements. This case could set significant precedents for influencer marketing regulations within the cryptocurrency and online gaming sectors, potentially reshaping how celebrities engage with financial technology platforms moving forward.
