From 1979 to 2006, the Knights played their home games at the
Citrus Bowl in downtown Orlando. Located about from UCF's main campus, the stadium is also the home of the
Citrus Bowl game, and numerous neutral site games. However, the stadium had been built in 1936 and had fallen into a dilapidated state by the 2000s. School officials were dissatisfied with the poor condition of the facility and lack of revenue generated from games. The stadium's capacity (65,000) was considered too large for the Knights, and the location off-campus was considered a significant factor in the inability to sustain a sizeable
student section. When the university approached the city about renovations and new revenue-sharing measures, they were met with resistance. While the city had expressed interest in renovating the Citrus Bowl with or without UCF's support, funding was seriously in doubt. The city was in the planning stages for a
new arena, new
performing arts center, and "creative village", with stadium renovations seemingly taking less priority. In early 2005, the university abandoned the efforts to renovate the Citrus Bowl, and conducted a feasibility study to construct an on-campus stadium. Along with playing in a modern facility, and generating revenue, additional motivations included drawing more students to the games, a more intimate setting, and establishing
game-day traditions on campus. With UCF's main campus one of the
largest in the nation, building an on-campus stadium was also seen as a way to grow the university. In December 2005, the
UCF Board of Trustees approved the construction of the new on-campus stadium. The facility, initially known as
UCF Stadium, was hoped to be ready for the 2006 season. However, construction was delayed due to concerns from local residents regarding potentially falling property values and noise levels from the stadium. Construction broke ground on March 22, 2006. Two months later, it was announced that the
Texas Longhorns would be the first opponent for the UCF Knights in the new stadium. The game, the first of three scheduled meetings between the schools, was held September 15, 2007. A sellout crowd of 45,622 saw the Knights put a scare into the Longhorns before falling, 35–32. This naming rights deal ended in 2020. UCF next attempted to secure a new naming rights deal with RoofClaim.com, a roofing services company. In early 2020, a proposed 15-year, $35-million naming rights deal was drafted, but never finalized. The
Florida Legislature put itself in position to hold approval authority for such sponsorships valued at over $1 million, while the state's insurance industry lobbied against the agreement due to RoofClaim's business practices. Anticipating being unable to secure a stadium naming rights deal, UCF Athletics announced on August 5, 2020, that the stadium would officially be named the "Bounce House" for the
2020 football season. Entering the
2021 football season, the stadium was still officially known by that name, while a potential naming rights deal with 3MG Roofing seemingly fell through. A deal was struck between UCF and FBC Mortgage on May 31, 2022, renaming the stadium to FBC Mortgage Stadium with a 10-year, $19.5 million contract.
Nickname The stadium's nickname is the
"Bounce House". The bouncing effect was noticed early on, and shortly after the stadium opened in 2007, some people started calling the facility "The Trampoline", a nickname that ultimately failed to gain traction. The more trendy nickname "Bounce House" soon became popular, very loosely derived from "Bright House [
Networks Stadium]" (the official name at the time). For a brief time in 2020–2021, the stadium was officially named Bounce House, while the university was negotiating a new naming rights deal. While many fans like the bouncing effect, some are uneasy with the bouncing. Stadium officials claimed the stadium was structurally sound, and an independent contractor confirmed that the bouncing would neither damage the stadium nor shorten its expected 50–year useful life. Still, a project was undertaken prior to the 2008 season to reinforce the stadium superstructure and mitigate the bouncing effect.
Drinking fountain controversy The stadium was originally built without
drinking fountains. The university argued that the building code used when the stadium was designed and approved did not require the installation of drinking fountains. However, this claim turned out to be incorrect because the 2004 Florida building code (in effect in 2005, when the UCF Board of Trustees approved the stadium design) mandated that stadiums and other public arenas must have one water fountain for every 1,000 seats, or half that number of fountains if water was also available for sale. During the inaugural game against Texas, vendors ran out of water at halftime, leading to the hospitalization of 18 people for
heat exhaustion. In order to correct the issue, UCF provided a free bottle of water to each person at the next game and immediately began work to install at least 50 drinking fountains throughout the stadium in order to comply with the 2004 building code requirement.
2018–present The short-lived
Alliance of American Football (AAF) included the
Orlando Apollos as one of its franchises with the Apollos playing at Spectrum Stadium during its inaugural 2019 season. The AAF folded in April 2019 with its first season incomplete; the University of Central Florida had failed to invoice the AAF for the lease of its stadium facilities or expenses for staff, leading media to speculate that UCF had lost more than $1million of revenue from the deal. Just over two weeks before the
2019 UCF football season opener, the UCF athletic department announced that the entire season-ticket allotment was sold out for the first time in school history. In addition, they created a formal waiting list for season tickets, also for the first time. In the press release, then-UCF athletic director
Danny White teased a possible expansion of the stadium in the near future if ticket demand remains high. The stadium has taken over as host of the
Hula Bowl since
2022 due to
Aloha Stadium being closed for renovations. It hosted the
2023 Cure Bowl. Since 2014, UCF has completed five seasons undefeated at home at the stadium. They have hosted both
College GameDay and
Big Noon Kickoff. During the first few years of the stadium's use, under then-head coach
George O'Leary, the Knights frequently wore gold home jerseys, with gold field markings prominent. This despite the team changing its nickname in
2007 from "Golden Knights" (1993–2006) back to simply "Knights" (1979–1992) as they moved into the new stadium. After O'Leary's departure, the Knights have largely eschewed gold jerseys in favor of various combinations of black and white home jerseys, with occasional gold accents. Prior to the 2025 season, when stadium presenting sponsor FBC Mortgage announced its rebranding to Acrisure, it was announced that the stadium would be rebranded as
Acrisure Bounce House, making "Bounce House" part of its official name for the first time since FBC Mortgage had acquired naming rights in 2022. ==Expansion and upgrades==