Bitcoin crosses $100k . There's a lot of excitement in the community. I have counted at least more than 4 topics related to this trending news on the forum. And they all end with questions for the readers. This topic is no different but it is related to casinos. Is this new price a plus for the casinos? Do you think they are excited about this, like it will lead to some kind of growth for them or they are indifferent to it because nothing changes, just business as usual?
To answer this question , we will have to get statistics or data that gives a valid analysis of the situation. I did a brief search but couldn't find anything reasonable. But with the rise of Bitcoin to this price, gamblers who are hodlers will have more money to spend if they sell their coins. Maybe it might make them increase their gambling budget which will be beneficial to casino companies. However, I have observed an increase in casino signature campaigns in the forum since the bull run this might be a sign that the season might be benefitting casinos.
This was what I imagined while reading the op but later discovered you are already ahead of me. But I still want to buttress on it.
Generally when there's more money in the hands of consumers they will want to spend more than usual and this can be related to the online crypto casinos and the gamblers. Seeing your hodling multiples without sweating for it gamblers will want to spend more time with that excitement as they have gotten more money to add to what they can afford to risk losing as they gamble.
Consequently, the casinos can capitalize on this yuletide season coinciding with the $100k bitcoin price to introduce a few promotions and bonuses and be sure of having massive patronage from customers since there's much money to go round this period for bitcoin holders that are into gambling