Post
Topic
Board Gambling discussion
Re: Trading business vs. gambling business in crypto
by
happybitcoinph
on 21/07/2025, 16:57:01 UTC
To me, running a financial market always seemed more profitable than running a casino.
But in crypto, is it the other way around? Are casinos making more money than trading platforms?

I think it's not about the profits or revenue as the main reason why some prior crypto-platforms were shifted into online gambling-related platforms. The target audiences are everywhere in the crypto world, that's why a shift isn't a good idea, but rather to combine these businesses instead for a much bigger boost in revenue.

Maybe it's about the regulations that are imposed on crypto-platforms, especially crypto exchanges that have become hard and strict as years pass by. Before, everyone could freely use a centralized exchange's services without KYC. Money laundering-related activities are just a simple walk in the park. Whatever the purposes, legal or illegal, crypto transactions are smooth without any worries at most exchanges. Then these hard regulations came that every centralized crypto-exchange should follow, as illegal activities take advantage of it.

The pressure is insane to the point that maybe some companies and platform owners decided to just end their operations. And the next plan, here's the gambling industry that's become a more trendy thing, especially during the pandemic.