Re: Market down, Casino volume up.

Quote from: Raflesia on April 22, 2025, 05:25:25 PM

Quote from: NewCryptocasinos on February 24, 2025, 09:58:21 PM

We have been in the crypto gambling space since 2018 we can clearly see that when the market goes down, the activity at the crypto casinos goes up. Huh

Why do you think this is happening?

Actually I don't think there is a correlation between the decline that has occurred for crypto and the increase in gamblers today because there is no data whatsoever that can illustrate this to be true but as for when asking about why there are so many gamblers who are in online gambling and do it with crypto now it is because today we are in a more sophisticated era when we are If you want to do gambling we only need to have a balance that is ready to bet and of course gadgets and the internet then we can do gambling wherever and whenever as long as we want so that makes an attraction for them gamblers who in the end it is not uncommon for them to switch from casinos and do it on gadgets especially when we are in a lockdown period at that time.

That happens for those who do not have a ban on gambling in their country and for those whose gambling is still illegal, it is clear that the only choice is gambling sites so that in the end when the influence of crypto, especially bitcoin, is getting better and better known, it is certain that gambling will also get an impact even though indirectly.

There's no such data and if there's one then we do know that it cant be precise because having this data would be needing up to know all the stats whether on online and offline casinos on which we know that it would be that so hard to know up the numbers. We do know that gambling industry is a rising business and when it comes to revenue then it do continue to rise as the years passing by. Why? Gambler numbers are increasing, because if there's no such increase or simply with the demand then we wont be able to see influx numbers of casinos that do exist but since we are seeing some positive then it do shows that there's that demand. The only thing that we've been talking on here is that we are that trying out to correlate this with being the market is going down or being on the low prices now on which i dont see the significance or in connection in between because we do know that when it comes into this manner then they are on different markets or simply with the industry. There's no way that we can be able to determine about these things and its better not to mind off whether this industry becomes big or what as long gamblers will be that wanting or liking to play then demand will be that still there.