I agree that gambling is one of the top industries where cryptocurrency can be playing a very important role and impact. And this is the big reason why online casinos have been luring all Bitcoin hodlers to use their hoard to gamble with. I have already seen many online casinos included Bitcoin as one of the ways they can accept and disburse funds. The future of this industry is now getting to be more colorful and more lucrative because of cryptocurrency particularly Bitcoin. I am wondering if we already have the figures how much these casinos are getting sales from the Bitcoin...
Absolutely agree! Bitcoin is making waves on gambling and I believe it's a big factor to its rise. I think, whoever initiated to accept bitcoins for gambling, has found the right strategy for this matter. I researched about the sales of this casino and found statistics as of 2017 only that roughly 3.7 million BTC has been wagered equating to $4.5 billion USD at that time. Imagine how much more it is in the current time! That's huge, right?
https://news.bitcoin.com/bitcoin-gamblers-wagered-4-5-billion-btc-2014/Gambling with bitcoin was really famous in those days, everyone also reported about how 90% or whatever of transactions back in the day were all gambling, while the others were all faucets.
But anyway your 2017 statistics are actually from 2014. And those were all whales bitcoining at casinos.
It's really strange how no one is really doing casino research now I bet we'd see huge volumes.
Oh is it? I was not reading it too well then. I thought it was the statistics from 2014 to 2107. Anyway, yeah, it's quite weird that there isn't any current statistics about online casinos. What do you think could be the reason why?