Betradar thrusts itself into cryptocurrency

Global sports betting data supplier Betradar has agreed a deal with the crypto-powered casino, Stake.com. Together, the pair will launch a sportsbook which takes bets made with cryptocurrency.

Big potential

Stake has been in operation for fewer than three years so far. But in that time, it has taken over 11 billion bets from players. Across its Stake and Primedice brands, the group has processed over 50 billion bets in total.

Stake.com has laid out an ambitious plan for this new sportsbook to emulate the success of its casino products. To achieve this, they have partnered with Betradar‘s Managed Trading Servies (MTS) team.

Eddie Miroslav, Owner of the Stake platform, said: “With a look and feel that is exclusive to our platform, we are confident that our partnership with a data supplier of this calibre is going to fit the needs and wants of our substantial player base.

“We are aware of an already strong sport interest and knowledge within our community; we knew spending several months working on this new site feature was going to be profitable for us.”

Big deals elsewhere

The new Betradar and Stake joint-venture has signed exclusive deals with a number of major sports competitions. These include FIFA, NHL, NBA and NFL.

Meanwhile, Betradar has been busy with other brands too. In October, its MTS team signed a broker’s deal with Videoslots. This was to help the online casino operator to prepare for its expansion into sports betting next year.