Crypto casino revenues hit $81B in 2024 despite global restrictions
Crypto casinos generated more than $81 billion in revenue from betting in 2024, even as regulators in key jurisdictions continue to block access to the platforms, according to a new report.Citing data from the anti-online-crime platform Yield Sec, the Financial Times reported that wagers paid in crypto in 2024 generated $81.4 billion in gross gaming revenue (GGR). This metric refers to the difference between bets taken and winnings paid out. Yield Sec data also showed that the annual revenue for crypto casinos increased five times since 2022 despite gambling sites being blocked in the United States, China, the United Kingdom and the European Union. Crypto casino Stake rivals traditional betting platformsBetting platform Stake reported that its GGR in 2024 was around $4.7 billion, up 80% since 2022. This puts it on a par with some of the biggest gambling groups, such as Entain and Flutter.
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Source: cointelegraph.com
Published: April 21, 2025
