After the pandemic, almost every Crypto casino has gained a lot of user base. As they have offered an alternative way to engage in online gambling. However, I wonder if they have been able to churn customers who are used to traditional online fiat casinos.
If a compulsive gambler was stuck at home and found out that they could gamble online, of course they're going to try and figure out how to do it.
As per my understanding, crypto casinos have offered benefits that some fiat-based casinos cannot match. Another reason is cryptocurrency provides faster transactions and a level of privacy. Thinking about the regulatory environment surrounding cryptocurrency globally. I think a lot of crypto casinos are still churning existing users of other crypto casinos.
In the beginning there was a certain level of "privacy" offered, but nowdays KYC is everywhere. No more privacy unless you're playing at unlicensed casinos and risking even getting paid.