The global crypto casinos and gambling market reported gaming revenues of $81.4 billion in 2024, and the market continues to expand. As digital currencies and blockchain technologies facilitate online wagering, there are new challenges and opportunities in the market. This report analyzes various geo-markets, the new wagering technologies available, and the responses of established wagering firms, such as DraftKings, to new Crypto Casino market entrants. Analysts believe that the crypto betting market will continue to expand as technology and the ability to pay for products and services continue to improve.
There was a strong renewed interest regarding the impact of cryptocurrency on the online gambling market in 2025, with revenues reported to be the highest on record. According to industry reports, global gross gaming revenue for crypto casinos reached $81.4 billion in 2024, quadrupling the revenues achieved just two years earlier in 2022.
This was achieved in the face of regulatory attempts in the unilateral domains of the US, UK, and the EU to control access to such unregulated platforms. Digital wagering is a phenomenon that players are very much interested in, and established operators are likely to try to meet the demands optimally.
Crypto Gambling Shows Rapid Growth Across Major Markets
Digital asset gambling witnessed the same growth trajectory as the industry, capturing the attention of casual gamers. Consumers stake money in online gaming competitions such as slots, blackjack, and roulette.
Numerous websites are accepting crypto as direct payment or as deposits to be converted to the local legal tender, leading to improvements in payment processing speeds. DraftKings, a licensed online gambling operator, is providing a full suite of products, thereby corroborating the growth of the industry.
Yield Sec, a provider of risk assessment, calculated that engaged players from crypto gaming casinos generated approximately USD81.4 million in gross revenue in 2024, an increase of more than 5 times from 2022. For online casino play with real money, crypto gambling growth has seen substantial interest. Gamblers risk both real money USD and stake digital crypto assets on a variety of games, including slots, blackjack, and roulette.
Even in 2024, the growth persisted in some Markets, the enforcement of the Gaming Regulation and Law was in effect demonstrating the significant gaming activity in offshore crypto casinos. A section of players utilized the VPN to access the offshore crypto casino, resulting in high gaming activity despite the lack of legal supervision.
Blockchain Payments Fuel Expansion of Online Casino Activity
Digital currencies are more appealing to gamers due to the privacy, speed, and lack of middlemen in financial transactions. With blockless technology, all transactions are transparent, and gamers are able to analyze the movements. Stablecoins are usually utilized to mitigate the risk for gamers as they are pegged to fiat currencies in the market.
Regulated operators have implemented identity verification, AML, and spending limits to protect users, which contrasts with the unregulated crypto casinos that have little oversight. The speed and flexibility of payments are, according to analysts, the reason for the growth within the industry.
Analysts Expect Continued Uptick in Digital Wagering Trends
Analysts predict growth within crypto wagering, also, although the extent of growth is debated. The $81.4 billion figure has come under scrutiny, with some arguing that crypto is only part of the entire revenue for online gambling. The total revenue for online gambling in 2024 was suggested to be anywhere between $78 billion and $95 billion, according to Grand View Research.
Activity within the industry is reported to be significant in individual platforms despite the differing estimates. This illustrates that crypto betting is an addition to the offering and is not a replacement for the traditional offerings.
Further user engagement will come from the expected tech adoption of decentralized apps. The analysts are excited by the use of crypto payments within licensed environments, as it will likely reduce unregulated environments.
DraftKings Adapts to Increasing Demand for Crypto-Based Gaming
DraftKings is tasked with balancing innovation against compliance regulations. Although they don’t separate revenue from crypto wagers and overall wagers placed in DraftKings Casino (i.e., focused and primary revenue stream of the casino segment) continue to grow as DraftKings expands the casino segment and builds/attracts new users.
The operator has adjusted strategies and integrated more diversified payment options, and expanded the game offerings to reflect the demand in the market.
DraftKings, like any other regulated casino, will implement measures to promote responsible gaming, such as game and spending limits, and identity verification. There will continue to be legal challenges, such as promotional advertising and its impact on the intermediary of problem gambling. DraftKings shows how the more traditional operators of the gaming world managed to incorporate digitalized trends while remaining compliant.
Moving Forward
The development of online SGC crypto gambling participation will grow and broaden the impact of digital assets even more so in the online entertainment world. With such interest in other forms of gambling, the online SGC crypto gambling industry will also be able to grow, and regulators in the industry will have to find pathways to accommodate the new technologies; the gambling consumers will dictate the policies.
The changes in consumer and technological policies will be the main factors in determining the future of online casinos. Investors will have to weigh the differences between the regulated online casinos and the non-regulated ones in order to be in tune with all the modern trends in gambling worldwide.
Disclaimer: This is a paid post and should not be treated as news/advice.
Source: https://ambcrypto.com/draftkings-highlights-booming-crypto-casino-sector-as-global-revenue-tops-81-billion/
