Home » Industry News » Stake.com gets a UKGC license

Stake.com gets a UKGC license

28 Dec 2021

Stake.com has made its official entry into the UK market since securing a UK Gambling Commission (UKGC) license earlier this year. The bookmaker will have a partnership with TGP Europe, which will power sportsbook, casino and gaming products. Moreover, Stake.com has announced detailed plans for the launch of “unique and exclusive betting markets and propositions” for its new UK players.

“Following a successful launch our UK-facing and licensed website stake.uk.com is now live, offering sportsbook, casino and gaming products to the UK. Players will have access to a range of sportsbook markets including odds coverage of unique betting events in Esports as well as a full suite of responsible gambling tools, designed to offer a safe and entertaining experience to all players.” said Dominic Rae, Sponsorships Manager for Stake.com.

Stake.com was founded in 2017 and has a partnership with Premier League club Watford FC, covering the ongoing 2021/22 season. As a part of the deal, the bookmaker will offer fans of the team a ‘Stake x Watford First Goal Payout’ promotion, paying out on all bets on a Watford victory should the Hornets score first in any game and fail to win.

The company is also a known member of the Crypto Gambling Foundation, but as the company has announced: “Stake.com’s UK offering will not accept cryptocurrency payments or transactions, processing all payments in fiat currency only in line with UK licensing regulations.”

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Stake.com is a name that undoubtedly comes to mind in discussions about crypto gambling. The brand originates from the people behind Primedice, one of the first pure crypto gambling sites. I really appreciate their in-house sportsbook, as it offers a wide variety of sports events and quite competitive odds on several markets. It is a welcome change of pace from the hundreds of white-label bookies. Furthermore, crypto-only payments work smoothly and are a huge plus for players that prefer betting under the radar. Just remember to monitor the current crypto market trends, as you are not protected against the infamous crypto volatility. Nonetheless, I would like to see some upgrades in certain areas. Features like Bet-Builder and Partial/Auto Cash Out are a must nowadays. Also, a few more sports promotions would be a good addition. In any case, Stake is on a good path, and I am curious to see how their UK launch will roll out. I believe that every bettor familiar with cryptocurrencies should try them out.

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