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    Crypto casinos rake in $81 billion in 2024 as users dodge rules to play

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    The crypto gaming industry is booming, sparking interest and concern as players bypass geo-blockers for online casino access.

    Over the last couple of years, we’ve seen a dramatic shift and transition within the online crypto gaming community. The latest data shows that crypto gambling platforms have managed to bring in an impressive $81.4 billion in gross gaming revenue (GGR) in 2024.

    This figure is fivefold the amount the industry made just two years before that, in 2022. And while we can say with certainty that crypto casinos are growing and evolving, we need to take a closer look at how they operate and manage to generate that much revenue.

    Explosive growth of crypto and... bypassing rules

    According to research by the anti-online crime platform Yield Sec, the industry has raked in $81.4 billion in Gross Gaming Revenue (GGR), despite being blocked in various jurisdictions, including the US, Australia, and some of Europe. Why is that? Certainly, it helps that these sites can still be accessed using VPN, Mirror Links or URL redirection.

    Jordan Lea, a former problem gambler who now campaigns against industry harms, commented that consumers are aware of the tricks of the trade, as there are guides that provide insight on how to bypass geo-blocking. With these guides freely available, crypto users can easily open accounts and play on platforms formerly unavailable to them.

    The good news is that in regions where crypto casinos are welcomed and regulated, they have become some of the leading platforms, meaning that adopting the new is part of the answer. For example, Stake Casino is currently responsible for 4% of the overall income generated by these sites.

    The platform is home to 25 million users. Data shows that over $300 billion has been placed in bets since its launch in 2017, which makes it a serious competitor to the biggest traditional gambling groups. Traditional gaming giants are still considered the dominant force in the industry. However, their crypto counterparts are more than gaining traction; they are becoming the go-to platforms for online gambling.

    However, there is increased concern regarding their regulatory status and the possible risks that come with playing at them. The lack of oversight in some regions could lead to lesser protection for your funds, difficult dispute resolution, and easier access for restricted or vulnerable users. This doesn't mean that you should steer clear, though.

    All platforms come with their own set of advantages and disadvantages. Crypto casinos also bring better speed, anonymity, global accessibility, game variety, and even crypto-specific bonuses to the table. This means that finding the right crypto platform is even more important.

    It's more than just playing safe; it's about maximising the benefits of decentralised gambling. Here's what to keep an eye out for:

    Finding a secure crypto platform

    As a crypto casino player, you want to ensure you have the best possible betting experience, especially when joining a new site. A good platform offers fast transactions, provably fair games, generous bonuses, and a valid license that ensures your funds and gameplay are safe. Look for casinos with a solid reputation, transparent terms & conditions, and 24/7 customer support available.

    Start with our list of vetted and reviewed platforms, including big-name brands like Roobet Casino, BitStarz Casino, and Empire.io that have proven time and time again they can be trusted.

    Roobet Casino

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    Read Review

    Looking for a one-of-a-kind experience? You'll find it in a casino that holds our WOW! trophy. Roobet offers safe gameplay, a range of engaging games and supported currencies, and top-notch 24/7 support.

    Visit Casino

    BitStarz Casino

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    A top-rated casino that won the Best Crypto Casino in our yearly awards. Find 6,000+ quality games, fiat and crypto payment options, safe gameplay, and unique features and see for yourself!

    Visit Casino

    Empire.io

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    Read Review

    Empire.io offers a fresh, fun, and safe iGaming experience with over 4,000 opportunities to play your favourite casino games. What more can you ask for?

    Visit Casino

    Plus, we have prepared a short list to keep in mind when choosing your platform. Here are some tips for a safe crypto experience:

    • Verify licensing: Always opt for a platform that is licensed and regulated within reputable jurisdictions.
    • Check player reviews: Another great way to confirm the trustworthiness of a platform is to check out player reviews. Read crypto casino forums and player reviews for accuracy on the player experience.
    • Check for fair gaming: Make sure the platform implements provably fair mechanisms to prevent fraud and ensure fair gaming.
    • Secure wallets: Always opt for trusted crypto wallets that are protected with the latest security measures, ensuring your funds are safe.

    Responsible Gambling & Play Safe

    Remember: trust your funds and gameplay only to reliable platforms. CasinoWow helps you get the information you need with clear details on what the platform has to offer and if it would be a great option to try. Prioritise safe play and enjoy the game!

    Leave us a review on Trustpilot!

    Published: June 6, 2025

    Anything incorrect or missing?

    Let us know
    Deni avatar image

    Article by Deni

    CasinoWow Contributor

    Hi, I’m Deni and I am here to ensure you have all the information you need to make informed decisions about online casinos and games and, of course, have fun while doing it. I do so through in-depth research and a keen eye for detail resulting in comprehensive reviews and engaging articles. Let’s explore the iGaming world together!

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