Judging by www.dicesites.com it seems like Primedice is doing 50 million USD in volume a week. That's absolutely insane. I don't think there's many sites that come close to that. I Googles around a bit to see what turnover other casinos have and it seems Primedice is up there.
Go Bitcoin! Hopefully Primedice can help rise to the top and show everyone why Bitcoin is so amazing.
Go Bitcoin! Hopefully Primedice can help rise to the top and show everyone why Bitcoin is so amazing.
I agree it's a huge number, but it's not even close to brick-and-mortar casino profit
According to https://en.wikipedia.org/wiki/LV_Strip_(Nevada_gaming_area) , just the Las Vegas Strip is making nearly 7B USD in revenue.
Macao is even bigger than LV.
But for online gambling the numbers are insane.
By revenue do they mean profit? That's pretty low if so. Considering how many casinos are on the strip and how much work goes into them compared to an online site.
I'm assuming a lot of them hide profits through cash etc.
Bullshit they make way more than 7 billion. They'd be in the 100's
I doubt that... Do you even realize how much "100's of billions" is? It's enough to buy a couple towns, some private jets, a couple hundred full-time body guards and let's not forget a pool filled with millions of fresh $10 bills everyday. You get to keep the change.
There are a lot of gamblers and per year, there's a lot that's lost due to gambling and turned into the casino's revenue, but I highly doubt it's in the 100's of billions.
LV makes a lot, but not that much.