Original archived Re: Trading business vs. gambling business in crypto
Scraped on 20/07/2025, 22:37:23 UTC
Both are profitable, but I think the ones that make the most money are in the trading industry.
After a quick research, Binance stated they have an annual profit of $14 billion, which I think casinos haven't reached that amount.
https://www.binance.com/en/square/post/20642089256402IMO, these gambling casinos can enjoy higher profit margins per transaction due to the house edge, making them potentially lucrative on a smaller scale. Facing regulatory might is one of their problem.