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News Explorer — Crypto Casinos Raked in Over $80 Billion in 2024: Yield Sec

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Apr 21, 10:04 am
www.ft.com

Crypto Casinos Raked in Over $80 Billion in 2024: Yield Sec

The rise of crypto casinos has led to over $80 billion in takings as gamblers find ways to bypass geoblocking restrictions, according to anti-online-crime platform Yield Sec. Wagers paid in cryptocurrency last year generated $81.4bn in gross gaming revenue, the difference between bets taken in and winnings paid out — a fivefold rise since 2022.

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