Crypto casinos have truly changed the gambling industry in recent years allowing players to use their crypto wallets for depositing rather than using traditional pound sterling and in doing so have developed a growing niche within the gambling community. The U.K. is well known for being one of the harder markets to set up in, for any new casino due to our strict gambling rules and regulations made by the U.K. Gambling Commission to protect players. However we can today reveal that Stake.com have partnered with Aspire Global to begin the process of developing Stake.co.uk! And in doing so could be the very first Crypto Casino to enter the U.K. Market!
Stake will use Aspire Globals existing platform, sportsbook, games, game aggregator and managed services to allow for an easier transition into the U.K. But what does that actually mean? We imagine The U.K. will be getting a slightly stripped down version of Stake for example bonus buys will have to be taken out of the casino, as these are banned within the UKGC jurisdiction along with max stakes being reduced and spin time being increased to adhere to our rules.
Our opinion? This can only be a good thing. Crypto Casinos have drawn many U.K. gamblers to their websites in recent years however without being under the UKGC jurisdiction, VPN's have to be used to circumnavigate the fact that they do not have a license. This can make withdrawals hard to process if a win is had or a withdrawal wanted, a UKGC license will allow people who wish to gamble with their crypto currency to be in safe hands, with UKGC support and in turn give crypto casinos a better reputation amongst U.K. gamblers. Stake has been around since 2017 and has processed over 30 billion online casino and sports betting wagers in that time, its draw to the average consumer is clear so hopefully this added protection will be mutually beneficial for all. Prior to its release in the coming months below we have included our Top 6 Genius approved casinos this month where you can deposit today and receive Free Spins or a 100% match deposit bonus, terms and conditions apply and as always gamble responsibly.