James Krause has had his corner license suspended by Nevada in November and this past Friday the UFC sent a message to any of the fighters that train with them that they will not be able to fight in the UFC octagon until an investigation on Krause is complete.
The UFC sent an official statement regarding Krause on Friday. A portion of it reads:
UFC has since advised Krause and the respective managers working with impacted fighters, that effective immediately, fighters who choose to continue to be coached by Krause or who continue to train in his gym, will not be permitted to participate in UFC events pending the outcome of the aforementioned government investigations. Further, UFC has released Darrick Minner from the organization.
Minner was involved in a fight on November 5th in which betting patterns on the day of the fight were deemed unusual. Minner had an undisclosed injury and lost in the first round of his fight. Krause, his coach, was the center of the investigation and it appears he continues to be investigated.
As a result, the province of Ontario and Alberta are not allowing wagering on UFC at the time due to “integrity concerns.”
Payout Perspective:
This is a bold move from the UFC considering that Krause has yet to be found guilty of any wrongdoing. One might believe that the UFC has information on Krause’s involvement in the investigation and decided to make a preemptive move before more entities decide to ban UFC gambling. The UFC receives a healthy amount of revenue from the gambling industry via its sponsorships and the ancillary benefits it receives from gambling. If it is perceived that the fights are compromised due to “insider” information, the UFC could lose out on a lot of revenue.
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