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What’s Happening with Crypto Casinos?
Crypto casinos have been around since 2012, but the real hype began after the pandemic. Today, crypto gambling is a $ 250 million market and continues to grow alongside the iGaming sector, which is expected to reach $ 150 billion by 2030.
📈 Key Stats
- From 2019 to 2021, interest in Bitcoin casinos quadrupled.
- In 2021, crypto accounted for 8.5% of GGR in sports betting.
- From 2022 to 2023, the total volume of crypto bets grew by 20%, and the number of bets rose by 50%.
- BTC is the clear leader, making up 73.3% of all crypto transactions in gambling.
- ETH (9.9%) and DOGE (3.1%) follow.
- The main audience: young, tech-savvy men, often into trading and focused on privacy and speed.
💡 What Do Players Prefer?
Sports betting leads (43% of iGaming revenue), followed by casino games (32%). While fiat still dominates, crypto is steadily gaining ground.
📉 However
- In most countries, crypto casinos still operate in a legal grey area.
- In the UK, despite a mature online gambling market, only 13% of crypto holders use it for betting.