But in crypto, is it the other way around? Are casinos making more money than trading platforms?
The gambling market is actually bigger than the trading market. That’s why some businesses end up shifting or expanding their business into casinos, 'cause they can’t really compete with the big players in trading.
With casinos, the market is wider and it’s not as heavily regulated, so it’s easier to run. And, unlike trading where you only earn from fees, in gambling you’re the house, you’re playing against the players, and with that edge, the profit can be way bigger.