• Latest
propelling online gambling to new heights via cryptocurrencies & blockchain technology

Propelling Online Gambling To New Heights Via Cryptocurrencies & Blockchain Technology

October 12, 2021
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Propelling Online Gambling To New Heights Via Cryptocurrencies & Blockchain Technology

coinnewsdaily by coinnewsdaily
October 12, 2021
in Business, Tech
0
propelling online gambling to new heights via cryptocurrencies & blockchain technology
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Accountability

Since the first internet-based gambling sites launched in the mid-1990s, the gambling industry has established itself as one of the few industries that has consistently embraced innovative technology to suit evolving consumer expectations. As a result, the quick adoption of blockchain and cryptocurrencies by online gambling enterprises should come as no surprise.

The gaming industry has grown from humble origins to a billion-dollar industry. According to Grandview Research Inc.’s industry statistics, the online gaming market is expected to develop at a compound annual growth rate (CAGR) of 11.5 percent between 2020 and 2027, reaching $127.3 billion by 2027.

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022

Online Gambling Platforms Expand Their Footprint

The emergence of blockchain technology and the proliferation of bitcoin casinos have been important factors in the online gambling industry’s stratospheric expansion. With an increasing number of gaming sites accepting bitcoin deposits, the sector has grown more accessible and open.

In comparison to traditional casinos that accept fiat currencies, bitcoin gaming enables players and casinos to conduct real-time transactions without the use of intermediaries or third-party payment providers. Additionally, in comparison to fiat-based solutions, the underlying blockchain technology offers transparency, privacy, and security for a fraction of the cost.

Due to the global acceptance of cryptocurrency, interested players can easily participate in online gambling without regard for local constraints. For a long period of time, stringent regulatory laws barred players from some nations from entering the realm of online gambling. Nonetheless, because bitcoin casinos are decentralised and global in scope, it is becoming increasingly simple for anyone in the globe to easily register and try their luck.

Additionally, as a result of the COVID-19 pandemic, online gambling platforms saw a significant increase in new customers, mostly as a result of financial, social, and psychological issues. As the number of blockchain-based gambling platforms grows, they are expanding the online gambling landscape by offering new alternatives such as sports betting, online slots, and card games. This diversification is also a significant factor in the rapid growth of the online gaming ecosystem.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Tags: AccountabilityBitcoinblockchain technologyBTCBusinessCryptoCrypto BusinessCryptocurrenciesCryptocurrencyForecastLongonlineOnline gamblingonline gambling industryonline gamingpayment servicesregulatoryservicesTechnology
Share76Tweet47
Previous Post

Pandora Papers – Paid Millions to Hide Trillions: Meet Crime Enablers In Traditional Finance

Next Post

Vitalik talks DAOs, Ethereum and NFTs in new interview

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building
Bitcoin

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
Load More
Next Post
vitalik buterin

Vitalik talks DAOs, Ethereum and NFTs in new interview

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$23,649.001.85%
  • ethereumEthereum(ETH)$1,627.422.11%
  • tetherTether(USDT)$1.00-0.03%
  • binancecoinBNB(BNB)$312.771.40%
  • rippleXRP(XRP)$0.411743-0.10%
  • cardanoCardano(ADA)$0.3896150.72%
  • dogecoinDogecoin(DOGE)$0.088452-0.39%
  • matic-networkPolygon(MATIC)$1.15-0.12%
  • okbOKB(OKB)$39.150.51%
  • solanaSolana(SOL)$25.375.05%
  • polkadotPolkadot(DOT)$6.49-0.25%
  • shiba-inuShiba Inu(SHIB)$0.0000120.49%
  • litecoinLitecoin(LTC)$94.09-0.54%
  • tronTRON(TRX)$0.063271-0.39%
  • daiDai(DAI)$1.000.01%
  • cosmosCosmos Hub(ATOM)$13.562.07%
  • chainlinkChainlink(LINK)$7.22-1.39%
  • moneroMonero(XMR)$186.631.73%
  • leo-tokenLEO Token(LEO)$3.55-8.91%
  • ethereum-classicEthereum Classic(ETC)$22.711.94%
  • bitcoin-cashBitcoin Cash(BCH)$135.05-0.32%
  • stellarStellar(XLM)$0.0936270.66%
  • crypto-com-chainCronos(CRO)$0.0815500.10%
  • filecoinFilecoin(FIL)$5.360.30%
  • algorandAlgorand(ALGO)$0.254998-1.70%
  • vechainVeChain(VET)$0.024101-1.97%
  • internet-computerInternet Computer(ICP)$6.08-0.20%
  • aaveAave(AAVE)$85.61-0.44%
  • eosEOS(EOS)$1.100.40%
  • elrond-erd-2MultiversX(EGLD)$44.740.05%
  • theta-tokenTheta Network(THETA)$1.08-1.54%
  • tezosTezos(XTZ)$1.14-2.77%
  • paxos-standardPax Dollar(USDP)$0.99-0.49%
  • bitcoin-cash-svBitcoin SV(BSV)$43.68-0.23%
  • huobi-tokenHuobi(HT)$5.120.10%
  • havvenSynthetix Network(SNX)$2.44-0.88%
  • pancakeswap-tokenPancakeSwap(CAKE)$4.081.66%
  • iotaIOTA(MIOTA)$0.2384230.56%
  • dashDash(DASH)$57.340.41%
  • makerMaker(MKR)$669.870.73%
  • zcashZcash(ZEC)$45.85-3.15%
  • neoNEO(NEO)$8.27-0.91%
  • zilliqaZilliqa(ZIL)$0.028814-1.90%
  • basic-attention-tokenBasic Attention(BAT)$0.266092-1.45%
  • compound-governance-tokenCompound(COMP)$55.76-1.13%
  • nemNEM(XEM)$0.039289-1.42%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • kusamaKusama(KSM)$36.16-1.27%
  • bitcoin-goldBitcoin Gold(BTG)$17.48-0.49%
  • qtumQtum(QTUM)$2.751.54%
  • wavesWaves(WAVES)$2.64-2.54%
  • ftx-tokenFTX(FTT)$1.89-21.50%
  • sushiSushi(SUSHI)$1.321.00%
  • yearn-financeyearn.finance(YFI)$7,662.540.91%
  • golemGolem(GLM)$0.243634-1.76%
  • omisegoOMG Network(OMG)$1.48-1.58%
  • ontologyOntology(ONT)$0.2207662.01%
  • digibyteDigiByte(DGB)$0.0108641.53%
  • umaUMA(UMA)$2.111.28%
  • ethlendAave [OLD](LEND)$0.53-3.08%
  • UniswapUniswap(UNI)$2.4438.80%