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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 why loyalty programs exist. People who spend a lot of money on gambling look for good loyalty programs, and when they are satisfied with the casino in general and the bonuses they got from their VIP level they will stay there. When there is a better offer it's more likely that someone will change their mind.
I don't have a lot of experience with online fiat casinos when it comes to lucky-based games (including slots), but when it comes to sports betting and poker fiat casinos still have a lot more active players and better options/bonuses. I still think that crypto needs some fantastic "only crypto" poker places, but I guess we are far from that.
Lots of gamblers have switched to crypto gambling but in our country, there are still lots of gamblers who prefer to gamble using fiat despite the edges that crypto can provide. The competition of local casinos in our country is too high nowadays but most of them are fiat based casinos. I think people here still have to see the advantages of using cryptocurrency before they choose it over fiat-based casinos.