Crypto wagers generated over $81b in gaming revenue in 2024 alone despite legal barriers: report
New data shows crypto gambling is booming, with $81.4 billion in gross gaming revenue last year, despite being illegal in most regions.
Crypto casinos have experienced explosive growth, with 2024 wagers generating over $81.4 billion in gross gaming revenue, a fivefold increase from 2022, according to YieldSec data reported by the Financial Times.
Although crypto gambling websites are illegal in many countries, they still remain accessible through VPNs and other workarounds. Crypto casinos, like Stake, Rollbit, and Roobet, operate from jurisdictions where crypto gambling is legal, such as Curaçao and Malta. Stake alone claims to account for up to 4% of all Bitcoin (BTC) transactions, with 25 million users placing 300…
