I think most crypto casinos are still churning out existing customers. I also believe that it is not that easy to get a traditional online gambling user to change their habit. What do you think?
It's just probably the technology that stir away fiat users to crypto based perhaps the reason I can think of is (1), they don't want to change their old habits, (2) much easier for them maybe to deposit their fiat, thru credit or debit cards or even bank accounts, as compare to crypto wherein you need to buy it and then have a wallet for deposit/withdrawal.
But as far as gaming experienced though, it's just the same. Played with fiat based online games and still playing up to this day and nothing change even if I switch to crypto based, it's seamless to me. And as far as KYC goes, fiat based will also asked you that mandated info, same now with crypto based platform. So again, we will have to go to that process as well. And obviously, maybe crypto based casino are being born out of the pandemic and maybe getting good chunk or users and so still, this business will continue to grow and competition getting tough for this online casinos whether fiat/crypto based.