CasinoRIX Releases Cryptocurrency Gambling Statistics for 2024

[PRESS RELEASE – Tallinn, Estonia, August 21st, 2024]

Since its launch in 2012, cryptocurrency playing has grown in reputation and adoption. Casino RIX Cryptocurrency playing statistics for 2024 are launched to make the info extra correct.

Key Cryptocurrency Playing Statistics for 2024

CasinoRIX researchers publish information on cryptocurrency gambling. Listed below are their core findings:

• The crypto playing market is at present valued at roughly US$250 million and has appreciable progress prospects.
• Slot machines are a favourite. Different varieties of curiosity are sports activities betting and a few desk video games.
• Since 2012, Bitcoin has been and stays the best choice amongst gamblers.

A deep dive into the gaming trade in 2024

Cryptocurrency betting quantity surges by greater than 80%

CasinoRIX revealed that the variety of cryptocurrency bets surged by 83.6% in comparison with mid-2022. Moreover, the variety of cryptocurrency transactions is near 30% of the entire bets. Statistics present that cryptocurrency volatility is rising in reputation however has solely a small impression on bettors’ decisions.

Business favourite

52% of gamblers Name slot machines their favorite gamewith particular emphasis on its accessibility, variety and easy mechanics. Roulette is available in second place, with round 25% of gamers selecting it. Another widespread on line casino choices embrace crash video games, baccarat, and plinko.

Crypto Playing Buying and selling

As talked about above, BTC stays the most well-liked digital foreign money for on line casino transactions, accounting for nearly 75% of all transactions. Ethereum ranks second with a utilization price of practically 9%, and Litecoin ranks in bronze with a utilization price of 6%. Tether and Dogecoin spherical out the highest 5. Though the trade has clear leaders, casinos are nonetheless attempting to develop their cryptocurrency choices to supply bettors extra freedom and selection.

77% of Cryptocurrency Casinos Provide Provably Honest Playing

Clearly, provably truthful playing modifications transparency. It permits one to confirm the outcomes and test the credibility of every dealt card or reel spinner. This algorithm is extra widespread amongst cryptocurrency casinos resulting from their inherent transparency and reliance on blockchain expertise.

50% of BTC transactions are associated to playing

Bitcoin should still be far-off from mass adoption, however in accordance with CasinoRIX, it’s shifting in that path. As we speak, many e-commerce platforms already settle for it as a fee technique for actual property, jewellery, insurance coverage, and extra.

Cryptocurrency as fee technique

Analysis from CasinoRIX exhibits that Europeans are the most definitely to register on on-line playing and betting platforms, with every determine approaching 40%. Nevertheless, the area will not be as favorable for cryptocurrency playing, with solely 12% of gamblers proudly owning digital currencies. Nevertheless, the research discovered that international locations akin to Malaysia, India, Vietnam, Singapore, South Korea and Indonesia have the very best proportion of cryptocurrency funds, with a proportion of greater than 20%.

About CasinoRIX

Casino RIX is the main model in crypto playing. It’s identified for its dependable and clear critiques that assist gamers discover casinos. CasinoRIX retains its finger on the heartbeat of the trade, offering the most recent insights and traits, and supplies ongoing 24/7 help to uncover any inconsistencies.