And we can say that bitcoin based gambling platform is one of the used case for bitcoin itself. When we have just a couple of crypto platforms early and only accepts bitcoin as form of deposits and withdrawals. And then it grow every year, other cryptocurrencies has been accepted as well and so gamblers have a lot of options and it equate to the growth of this business. And with the pandemic wherein gamblers are just inside their home, they found online gambling as the only form of entertainment or shall I say the only way to continue with their gambling activity, hence it blow up and it continues till this day.
And maybe in the next few years, we will see the gambling business in crypto growing, especially if the government gives permission for crypto to the public. That will definitely make a lot of people know crypto and learn about it and they will find that crypto can also be used for gambling even though, for now, people have seen that since the pandemic took place in the last few years. So people might go to online crypto casinos more than offline ones because online casinos provide more facilities for gamblers.
Crypto has so far been legalized in almost all countries but illegal in handful of countries. So crypto is not a problem but gambling is still illegal in many countries be it physical or virtual. However, online gambling has now spread to such an extent that it is widely used in illegal countries as well. And even if online gambling sites are restricted in some countries, many people are gambling using vpn. So it can be said that the online gambling industries have grown in size now and will grow bigger in the future because gambling is very popular among the youth as a place where some go for fun and some use it for income.