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UFC Takes on Crypto Only Sportsbook as Sponsor

March 9, 2021
UFC sports betting news

The UFC (Ultimate Fighting Championship) has made waves recently by taking on the first crypto-only based sportsbook. Plenty of sports leagues have made deals with sportsbooks over the years. And UFC recently inked a deal with DraftKings, the fantasy site turned bookie. But this is the first deal between the league and a crypto-only based book.

The crypto only sportsbook is called stake.com and the deal is focused on Asia and Latin America but not Brazil, which is UFC’s top market. Starting back on March 3rd, Stake has been promoting its new partnership with the UFC.

More About Stake

Like we said, Stake.com is a crypto-only based sportsbook. It is licensed in Curacao and is accessible to most of the world. It is not, however, available for people in the United States. There is a geo-block on any visitor located within any of the 50 United States.

Their website says that they are a member of the Crypto Gambling Foundation.

A background check on Stake shows that they began sportsbook operation about three years ago. Before that the domain was listed for sale for years and before that stake.com was a web security company, dating all the way back to 2001.

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