Drake and crypto betting site Stake to donate $1 million to LeBron James’ foundation

Drake is donating $1 million of his winnings from Stake.

Recording artist Drake and cryptocurrency betting site Stake are coming together to donate $1 million in bitcoin to the LeBron James Family Foundation, the sides announced Wednesday.

This is the first announcement to come since Drake and Stake announced their partnership earlier this month. At the time, Drake said he planned to give away winnings.

Drake made the pledge to LeBron James at a restaurant in his hometown of Toronto last week when the Los Angeles Lakers were in town to play the Raptors, according to a press release. The donation will come via Stake winnings and represents Drake’s largest to come from the platform.

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“Speaking of memorable nights, I had an incredible night last night playing roulette on Stake.com. It was my biggest hit ever,” Drake said.

“As you can see, I was clearly excited. Any time I get blessed like that, I always think it’s luck that needs to be transferred, or it’s good karma that needs to be transferred.

“I play for fun and I play in the hope that I can spread love, always.”

Drake also gave $100,000 to the mother of a high school basketball player in Toronto in an effort to support the family.

“Stake.com has always been about community. That extends beyond our players to the wider public too, especially those who will benefit the most from acts of generosity and love like that shown by Drake,” Stake co-founder Ed Craven said.

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